Purchasing Fantom USD (FUSD) on Binance
You can find several trading platforms on the WWW nowadays, but without a doubt Binance is among the most popular and innovative.
So, if you need to begin trading on it, the first thing you need to do is to figure out how to get Fantom USD (FUSD).
Prior to stepping into the wonderful realm of crypto within the Binance platform, you must get acquainted with the following.
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Discover how to register on Binance
Opening a Binance account is the initial step you must complete.
Subscribing onto the Binance platform is quite simple: check the following guidelines.
Proceed to the Binance homepage and click on the "Register" key.
Click here to go straight to the Binance platform.
Now click on the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple devices as well.
For the purpose of this post, the email address subscription process will be described.
- First, choose the country from the drop-down list according to the one you reside.
- The next step is defining a safety password. This is of vital importance since it’s all about your money, so you must to create a really strong one
- Here you must accept "Terms of Service" and, if you wish to receive information, updates and news from Binance in your e-mail address, click in the corresponding box
By now, you surely have received an email sent to the address you’ve just used for subscribing on the Binance platform. In its text you’ll see a one-time-only activation code you will enter in the corresponding box. Then press "Send"
And that’s it! You are now and authorized subscriber of Binance.
Take a time to become familiar with the different areas of the Binance platform by visiting them.
This way you mayyou will be able to begin trading Fantom USD (FUSD) without any trouble.
The ID verification is a mandatory step you have to complete to gain access to all these options.
It is very important to notice that unless you fulfill this protection measure, youwon’t get permission to start trading Fantom USD (FUSD).
No big deal, though. Continue reading through the next section to complete that step.
Learn to complete the verification of your Binance account and put hands on trading
See the next guidelines and become an authorized user:
From the user profile menu, select "Security"
Or simply look for the "Verify" button on the upper part of the screen
Go to "Identification" on the left options list.
Pick your Country of Residence.
The platform will display you 3 verification levels: the current one, the Verified, and the Verified Plus.
Press the "Start now" button below the "Verified" label, for this will be your beginning level.
Then a pop-up window will be shown and there you will have to provide the following info:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Exact address of your residence.
Now you’ll need to use a legal document to support your identity.
Use your passport, ID card or even your license to complete this step.
Now, you will be asked to take a selfie, according to the application’s requirements.
Now you will have to wait for a short period while an account verification process is performed.
Now you have to wait until your application has been approved. Be patient, the system is going to send you an e-mail.
After that, it’s time to get Fantom USD (FUSD), just follow the guidelines below.
Purchasing Fantom USD (FUSD) on Binance
Starting your Fantom USD (FUSD) trading career has never been so simple, right?.
Understanding how to buy a Fantom USD (FUSD) is not that hard.
Now you’ll have to to provide a legal document to sustain your identity.
ID card, passport or even a driver’s license are all valid documents to fulfill this condition.
Now the system will require you to take a selfie following certain guidelines.
Now you will have to wait for a short period while an account verification process takes place.
When your request has been approved, you’ll be notified via email, just be patient.
Congratulations! Now you’re officially licensed to trade Fantom USD (FUSD). See the guidelines that follow.
Buying Fantom USD (FUSD) on Binance
Starting your Fantom USD (FUSD) trading adventure has never been so simple, right?.
In this section you’ll see how simple is to invest your money in Fantom USD (FUSD).
Some steps might have optional paths
To know which options you have when buying, see the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this once you are logged in
See all the different buying options just by hovering your mouse over this button.
Now you’ll have to to use a legal document to support your identity.
ID card, passport or even a driver’s license are all valid documents to complete this condition.
Follow the system requirements to take a selfie.
Once those requisites have been completed, the Binance platform will do a confirmation process on your account.
Now you must wait until your request has been accepted. Be patient, the platform will let you know via e-mail.
Upon receiving that email it’s time to purchase Fantom USD (FUSD), to do so see the guidelines below.
Buying Fantom USD (FUSD) on Binance
Since you have registered on the Binance platform and got your account validated, you are OK to start trading.
In this section you’ll discover how easy is to convert cash into Fantom USD (FUSD).
Take into account that you have more than one option for this process
To find out which options can be found when buying, browse through the "Buy cryptos" menu on the Binance main page.
Needless to say you must log into your account to be able to do this
Uncover all the different buying options just by hovering your mouse over this button.
Buying Fantom USD (FUSD) with a credit/debit card
Choose the credit card-related option from the "Buy Cryptos" drop-down menu.
Read on for detailed guidelines:
Now you should choose the currency you wish to use and indicate how much you are going to invest.
The the Fantom USD (FUSD) you wish to get should be selected from the second field
Considering the amount of USD you’ve recently defined, the platform will immediately show you the number of Fantom USD (FUSD) you will be given.
These guidelines will be helpful to continue the process:
In the next box, select the currency you wish to buy with and specify how much you are going to invest.
Next, pick the Fantom USD (FUSD) you’re going to get
After you do so, the system will automatically display the quantity of Fantom USD (FUSD) you are going to receive, considering the amount of USD you’ve previously specified.
Now select "Continue".
In case you are going to pay with a credit card, pick in the "Visa/Mastercard" field the option "Add card".
Then the platform will ask you to type your CC data.
Your credit card’s associated address must be stated next. Try not to mistype a single character, since you must type it exactly as it is, otherwise your card won’t be approved. Then press "Add card".
Now that your new card has been included, press "Continue".
The next screen will display a summary of the operation about to be completed. That includes the amount you will pay, the selected currency and the quantity of Fantom USD (FUSD) bought.
It will also show you the commission will be charged for the purchase.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The Binance platform will now send you to the credit card issuing bank. Follow the directions in the same way you would normally generate a payment with your credit card.
You may check your Binance e-wallet (called the «Spot Wallet») when the banking process has been done to find your recently bought Fantom USD (FUSD) already credited
Know how to purchase Fantom USD (FUSD) via Binance P2P
An optional way to purchase crypto is to trade it
with another person. Method of payment is the first parameter you must specify.
Next, you’ll see a summary of the operation in its final stage. That includes the sum your card will be charged, the chosen currency and the quantity of Fantom USD (FUSD) purchased.
It will also show you the commission will be charged for the operation.
Now you must validate the order clicking on the "Confirm" button within the following minute, or it will be automatically aborted.
The next step has to be done on the credit card banking platform. Follow the steps in the same way you would pay with your credit card.
You can take a look at your Binance e-wallet (called the «Spot Wallet») once the banking process has been completed to find your recently purchased Fantom USD (FUSD) already credited
Purchase Fantom USD (FUSD) through Binance P2P
You may get Fantom USD (FUSD) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user as well. Payment method is the first parameter you will define.
- Go to your account and choose "Security".
- Select "Payment" on the left-hand side of the screen.
- Once the "Add a Payment Method" button is pressed the Binance system will guide you through the rest of the procedure.
Once the new payment method has been included in your profile, look for the "Buy Crypto" menu in the upper part of the screen, click the "Trading P2P" option and follow the directions described below:
- Click on the "Buy" button on the upper bar of the "P2P Account" menu
- Here you can pick the Fantom USD (FUSD) you’re interested in, among all those available for purchase via P2P trading. We present «USDT» in this guide.It is important to note that when you purchase any crypto through P2P trading, you will be able to exchange it for any of the currencies valid in the Binance platform.
- Locate the "Fiat" label on the upper menu and deploy the drop-down menu to see all valid currencies. We’ll use «VES» in this example.
- In the "Amount" box, type the sum in VES you wish to buy with.
- Define the payment method and wait for the platform to show you the register of the traders’ ads.
- Locate a seller from the list shown. We recommend that you choose a verified one with a high completed sales rate.
- Select "Buy USDT"
- In this step, the amount you wish to pay in VES must be typed
- Again, press "Buy USDT"
- A buying order has been opened and the trader and you will be able to contact each other for further details, in case you need it. You have a time limit to complete, if you fail doing so the order will be aborted by the system (something bad for your rating as a buyer). Once you have paid, press "Transferred, Next" and then press "Confirm".
How you can transfer your Fantom USD (FUSD) to the Spot Wallet
The trader, upon receiving your money, will instantly release the Fantom USD (FUSD).
The place where Fantom USD (FUSD) are transferred to is your account wallet.
Note that you will have to send them to your Spot Wallet in case you would want to get another cryptocurrency.
To accomplish this, you only need to press "Transfer to Spot Wallet" immediately after the buying order has been completed.
If you didn’t follow this step, don’t stress, you can do it later.
Learn how to transfer your Fantom USD (FUSD) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception validation has been done.
The place where Fantom USD (FUSD) are transferred to is your Binance wallet.
Note that you will need to move them to your Spot Wallet in case you would want to buy another cryptocurrency.
You can move them immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
This Fantom USD (FUSD) internal transfer can be done whenever you need.
- Select "Wallet Funds" from the "Wallet" drop-down list.
- Then click on the "Transfer" button at the top right.
- Configure the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- For The purpose of this post, we will use «USDT» as an example, but you’ll obviously indicate the currency you have
- Input the amount you are moving for the Exchange and press "Confirm".
With these funds already in your Spot Wallet, don’t fear to buy any crypto you believe could be worthwhile.
Buy any cryptocurrency from Binance just following the steps detailed next:
- Find the "Trading" option in the top panel.
- Choose "Convert" from the list.
- Fill in the box the amount of «USDT» you wish to invest.
- Choose the crypto you would like to purchase.
- Choose "Preview conversion".
- Validate the transaction and that’s all. You now will have the funds of the chosen crypto in your Spot Wallet.
Perfect! Now you have funds available to purchase any of the several Fantom USD (FUSD) in the Binance platform.
To buy Fantom USD (FUSD) from the Binance platform what you just have to do is the following:
- Find the "Trading" option in the top top section.
- From that list select the "Convert" alternative.
- Fill in the box the sum of «USDT» you wish to spend.
- Now mark the crypto you’re about to buy.
- Press "Preview conversion".
- Validate the transaction and that’s it. You will have the amount of the chosen cryptocurrency in your Spot Wallet.
Based on this information, you are now ready to start trading on the Binance platform.
Don’t wait any further and begin earning an extra income.