Learn how to buy FIBOS (FO) on the Binance platform
There are several trading platforms on the WWW nowadays, but without a doubt Binance is among the most popular and innovative.
But if you’d like to begin trading on it, the first thing you must do is to discover ways to get FIBOS (FO).
Before getting into the alluring realm of cryptocurrency on the Binance platform, you must know the following.
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Be able to register on Binance
To be able to buy FIBOS (FO) on Binance, one thing you must know is certainly how to open your account.
Easy registration: just follow the detailed instructions listed below.
Navigate to the Binance main page and click on the "Register" key.
Press here to go straight to the Binance platform.
In the Binance homepage you’ll see a button named "Register with a phone or email". Press it.
iOS devices can be used as well.
For the purpose of this post, the e-mail address subscription process will be described.
- First, choose the country from the drop down list according to your place of residence.
- Now the crucial part: password. Choose an alphanumeric word strange enough not to be simply guessed. Don’t use your birth date, middle name or things like that. Be well aware that it’s your property what will have to be protected by that word
- Whether you want to be updated periodically via e-mail about Binance news, check in the corresponding box. Next, you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Now it only needs to be verified via email
By now, you should have received an e-mail sent to the address you’ve just used to create your Binance account. It will have a one-time-only activation code you will enter in that page. Then press "Send"
And that’s it! You are now signed up with Binance.
Now you can enter the Binance platform and observe all the options it has to offer.
That’s the best way to realize how practical the Binance platform is, and how fast you can begin trading FIBOS (FO).
To have access to those options, you need to fulfill the identity verification.
Please, take into account that it will be only after you have fulfilled this safety measure that you’ll be able to begin trading FIBOS (FO).
In the next section, you’ll see how to do that. Hassle-free.
Verify your Binance account to begin trading
To be a certified subscriber you have to complete the next steps:
Choose "Security" from the drop-down list under the user profile button
Another option is to move to the top of the screen and press the "Verify" button
Look for the option "Identification" on the left part of the navigator window.
Country of residence is the first thing you must pick.
Now you’ll will find three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Click on the "Start now" button below the "Verified" label, since this is the beginning level.
Then it will display a pop-up window where you will have to enter the following data:
- Nationality.
- First Name and Last name.
- Second name and birth date.
- Residence address (exact).
The next step is to check your identity using a legal document.
passport, ID card or even a license are all valid documents to fulfill this requirement.
Now the system will require you to take a selfie under certain conditions.
Once you have completed the system’s requisites, you’ll have to wait a moment while your account is verified.
Once your request has been approved, Binance is going to send you an e-mail, just be patient.
Congrats! Now you’re officially licensed to trade FIBOS (FO). The following guidelines will be helpful.
Purchasing FIBOS (FO) on Binance
Starting your FIBOS (FO) trading adventure has never been so easy, right?.
Understanding how to convert cash into FIBOS (FO) is actually quite easy.
Here, the Binance platform will ask you to present a legal document for identity checking.
You can do this with your passport, ID card, or driver’s license.
Follow the system requirements to take a selfie.
After completing all those requirements, the Binance system will carry out a confirmation process on your account.
Once your profile has been accepted, you’ll be informed via email, just be patient.
After that, it’s time to acquire FIBOS (FO), just see the instructions below.
Purchasing FIBOS (FO) on Binance
All right, account verified was all you needed to begin buying FIBOS (FO) right now.
The first thing is to discover how to make a purchase of FIBOS (FO).
Take into account that you could have different options for this process
To find out which alternatives you have when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
You have to, of course, do that once you are logged into your account
Placing your mouse pointer over this button will show a list of alternatives to make your purchase.
It is time to check your identity using a legal document.
You can do this with your ID card, passport, or license.
Now, you will have to take a selfie, according to the platform’s guidelines.
Now you will have to wait for a short time while an account confirmation process takes place.
Now wait patiently, Binance will let you know via email when your application has been approved.
Congrats! Once you’ve received the confirmation you’re officially licensed to operate with FIBOS (FO). The following guidelines will be helpful.
How to buy FIBOS (FO) on Binance
Now that you have subscribed to the Binance platform and got your account verified, you are able to begin trading.
In this segment you’ll discover how easy is to make a purchase of FIBOS (FO).
Be aware that you have different alternatives for this process
The "Buy cryptos" menu on the Binance main page should be your reference when making a purchase.
You have to, of course, do that once you are logged into your account
Unveil all the different purchase options just by hovering your mouse over this button.
Buying FIBOS (FO) with a credit/debit card
The first thing you will do to purchase the FIBOS (FO) of your choice using a credit card, is to select this method from the "Buy Cryptos" drop-down list.
These guidelines will be helpful to continue the process:
In the next box, pick the currency you’d like to buy with and enter how much you are going to invest.
In the second field you should pick the FIBOS (FO) you would like to get
When you do so, the system will automatically display the quantity of FIBOS (FO) you will be given, considering the amount of USD you’ve just specified.
Next, just stick to these instructions:
Currency preferred and how much you’ll invest should be defined here.
Next, select the FIBOS (FO) you’re going to purchase
The number of FIBOS (FO) you will receive will depend upon the amount of USD you’ve recently specified. The Binance platform will automatically show it to you.
Click "Continue".
To use your credit card as a payment method, go to the "Visa/Mastercard" box and click on the "Add card" option.
Card data must be completed in this step, then click "Next".
In this step you must state the physical address details for the card. Then select "Add card".
With this step, your card will be added to the payment methods in your account. Press "Continue".
Next, you’ll be presented a summary of the transaction in its final stage. It includes the amount your card will be charged, the selected currency and the quantity of FIBOS (FO) bought.
It will also show you the commission will be charged for the purchase.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The following step must be done on the credit card bank platform. Follow the guidelines in the same way you would make a payment with your card.
After the banking procedure is complete, you will have your purchased FIBOS (FO) in your Binance e-wallet (called the «Spot Wallet»)
Buy FIBOS (FO) via Binance P2P
That means «Person To Person», i.e.: trading FIBOS (FO)
with another Binance subscriber. To accomplish this, the first step is to state the payment method you want to use.
The system will now display the details of the buying order you are about to complete. The amount you are paying in the currency you have chosen, and the FIBOS (FO) you will receive.
Certainly, Binance will charge you a certain percentage as a commission for supporting the operation, and that will be shown in that overview also.
Now you must accept the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically terminated.
Next, you will be redirected to the site of the bank issuing the credit card. Then you would complete a normal online payment using your credit card.
After the banking process is complete, you will have your recently purchased FIBOS (FO) in your Binance e-wallet (referred to as the «Spot Wallet»)
Purchase FIBOS (FO) through Binance P2P
This means «Person To Person», i.e.: exchanging FIBOS (FO)
with another Binance subscriber. In that case, you should indicate which payment method you wish to use first.
- Go to your profile and choose "Security".
- Press "Payment" from the menu on the left.
- Select "Add a Payment Method" and the system will guide you through the rest of the procedure.
Now that the new method of payment has been configured in your profile, go to the top part of the screen and pass over "Buy Crypto" to drop-down the menu and press "Trading P2P". Then see the following steps:
- On the top bar of the "P2P Account" tab, select "Buy"
- This bar shows the list of FIBOS (FO) available for buying through P2P operations. Select the one you want, in our case we use «USDT» as an example.Purchasing any crypto via P2P trading allows the subscriber to exchange it on the Binance platform for any of the currencies available.
- It is time to choose the currency you want to pay with, for instance, «VES». To do this, see the drop-down menu under the "Fiat" label.
- Use the "Amount" box to type the sum in VES you’d like to spend to purchase FIBOS (FO).
- You will see a list of dealers’ offers as soon as you’ve stated the payment method.
- From the list list shown, you may choose any of the sellers. Although it is recommendable to choose a verified one and better if a good percentage of completed sales is displayed.
- Select "Buy USDT"
- Enter the amount in VES you want to pay
- Click on "Buy USDT" again
- This will open an order where you will be in touch with the trader. Complete the payment within the time limit and press "Transferred, Next" and then press "Confirm".
Tips on how to transfer your FIBOS (FO) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception acknowledge has been done.
This way, they will immediately be added to your wallet balance.
Take into account that your FIBOS (FO) must be in your Spot Wallet in order for you to buy others, so you will need to transfer them there before.
To get this done, you only need to click on "Transfer to Spot Wallet" once the purchase order has been completed.
This FIBOS (FO) internal transfer can be carried out whenever you need.
Ways to transfer your FIBOS (FO) to the Spot Wallet
The seller, upon receiving your money, will automatically release the FIBOS (FO).
You may check your wallet account balance to confirm reception.
But in case you want to purchase another FIBOS (FO), you need to send them to your Spot Wallet.
To accomplish this, all you have to do is click on "Transfer to Spot Wallet" once the purchase order is completed.
If you didn’t follow this step, don’t get worried, you can move the cryptos later.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- The "Transfer" button is located on the upper right area of the navigator window. Press it.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency in which you have money, in the example in this article we use «USDT»
- Input the cryptos you are moving for the Exchange and press "Confirm".
That’s all! This way you will have money in the Spot Wallet and you will be able to purchase any of the huge selection of FIBOS (FO) within the Binance platform.
To buy FIBOS (FO) from the Binance platform all you have to do is the following:
- In the top section, loate the "Trading" option.
- Click on "Convert" from the list.
- Type the amount of «USDT» you would like to invest.
- Choose the cryptocurrency you wish to get.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
Perfect! Now you have funds available to trade any of the several FIBOS (FO) in the Binance platform.
Buy any cryptocurrency from Binance just following the steps detailed next:
- In the top panel, look for the "Trading" menu.
- From the list select the "Convert" alternative.
- Input the amount of «USDT» you wish to spend.
- Now indicate the crypto you’re about to get.
- Select "Preview conversion".
- Validate the operation and that’s it. You will have the amount of the chosen crypto in your Spot Wallet.
You’ve already learned how easy is to start doing business with FIBOS (FO) on Binance.
So, no need to think twice, make a profitable business within this crypto platform.