Binance is among the top trading platforms in the world.
But if you wish to start out operating on it, the first thing you should do is to learn how to buy First Bitcoin (BIT).
For this reason, on this page we will give you all the information you should have to buy First Bitcoin (BIT) on the Binance cryptocurrency platform.
Opening a Binance account is the very first step you need to complete.
No complicated subscription: just follow the guidelines below.
Go to the Binance homepage and click on the "Register" option.
Here you have the direct link to Binance.
Look for the "Register with a phone or email" button in the main page and press it.
The Binance platform is totally compatible with iOS devices as well.
For the purpose of this guide, the e-mail address subscription process will be explained.
You surely have received an e-mail sent to the address you’ve just used to create your Binance account. In its text you’ll find an activation keycode you’ll have to will enter in the corresponding box. Then click on "Send"
You’re now a Binance subscriber!.
Take a time to become familiar with the different areas of the Binance platform by visiting them.
You’ll immediately notice how easy is to start operating with First Bitcoin (BIT).
Fulfill the required identity checking to enable all those options.
Please, note that it is only after you have completed this protection measure that you’ll be allowed to start operating with First Bitcoin (BIT).
In the next section, you’ll learn how to do it. Zero problems.
To become a certified user you have to follow the next steps:
On the main screen, hover the mouse on the user profile option and a list will immediately appear where you will have to press "Security"
Another option is to move to the upper part of the navigator window and press the "Verify" button
In the list displayed on the left-hand side of the navigator window, select the "Identification" option.
Choose the Country of Residence.
Next, the 3 levels of verification:
Press the "Start now" button under the "Verified" label, since this is the beginning level.
In this step, you must enter some personal information:
Next, you’ll need to show a legal document to support your identity.
You can do this with your ID card, passport, or license.
Now the system will ask you to take a selfie following certain instructions.
When you have completed the platform’s requisites, you’ll have to wait a moment while your account is confirmed.
So, wait patiently, Binance will let you know via e-mail when your profile has been accepted.
Congratulations! As soon as you’ve received the confirmation you’re officially licensed to operate with First Bitcoin (BIT). See the guidelines that follow.
In this section you’ll discover how simple is to make a purchase of First Bitcoin (BIT).
It is time to support your identity with a legal document.
ID card, passport or even a license are all valid documents to fulfill this requirement.
In the next stage, you will have to take a selfie, following the application’s guidelines.
The final step will be made by the Binance system: a confirmation process that will take only a short time.
So, wait patiently, Binance is going to send you an e-mail as soon as your request has been approved.
Upon receiving that e-mail it’s time to buy First Bitcoin (BIT), just follow the instructions below.
Understanding how to convert money into First Bitcoin (BIT) is not that hard.
Some steps may have optional paths
Browse through the "Buy cryptos" menu on the Binance homepage to find out which alternatives you have when buying.
Needless to say you must login to your account to be able to do this
Placing your mouse pointer over this key will display a list of alternatives to make the purchase.
Next, you’ll need to show a legal document to check your identity.
ID card, passport or even a driver’s license are all valid documents to fulfill this requirement.
Now, you will have to take a selfie, following the application’s requirements.
The last step is on Binance’s side: a confirmation process that will take only a short time.
As soon as your request has been approved, the platform is going to send you an e-mail, just be patient.
After that, it’s time to acquire First Bitcoin (BIT), just follow the guidelines below.
The first thing is to understand how to buy a First Bitcoin (BIT).
You may find different options throughout the process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
You should, of course, do that after you’ve signed into your account
See all the different purchase options just by hovering your mouse over this button.
Pick the credit card-related option from the "Buy Cryptos" drop-down menu.
After that, just adhere to the following directions:
Currency preferred and amount of the investment should be defined in the next box.
The the First Bitcoin (BIT) you intend to get must be indicated in the second field
The quantity of First Bitcoin (BIT) you are going to get will depend upon the amount of USD you have previously stated. The Binance platform will immediately show it to you.
The following directions will be helpful to continue the process:
Currency to be used and how much to invest must be indicated in the next box.
The the First Bitcoin (BIT) you intend to buy should be indicated in the second field
The quantity of First Bitcoin (BIT) you’ll be given will depend upon the amount of USD you’ve previously stated. The Binance system will automatically display it.
Click on "Continue".
To add your credit card as a payment method, pick in the "Visa/Mastercard" field the button "Add card".
Then the platform will prompt you to type your CC details.
Your credit card’s associated address should be stated next. Try not to miss a single character, since you must write it exactly as it is, otherwise your card might not be approved. Then press "Add card".
With this step, your credit card will be added to the payment methods in your account. Press "Continue".
The platform will now show you the summary of the purchase order you are about to complete. The sum you are paying with the currency you’ve picked, and the First Bitcoin (BIT) you will get.
Another detail of relevance in this snapshot is the amount Binance will charge you as a commision for making the purchase.
Now you must validate the order pressing the "Confirm" button during the next minute, or it will be automatically canceled.
After this, you’ll be redirected towards the site of the credit card issuing bank. Proceed just as you do when making a payment using your credit card on the bank website.
You may check your Binance digital wallet (called the «Spot Wallet») as soon as the banking process has been finished and you’ll find your recently bought First Bitcoin (BIT) already there
Next, all the relevant details of the transaction will be presented: the amount to be charged on your credit card and the corresponding currency, and of course, the cryptos you will get.
Obviously, Binance will claim a small amount as a commission for making the transaction, and it will be shown in that quick view as well.
Now you have to validate the order clicking on the "Confirm" button during the next minute, or it will be automatically canceled.
Next, you’ll be redirected towards the bank platform the credit card belongs to. Then you would make a standard online payment using your credit card.
Your recently bought First Bitcoin (BIT) will be available in your Binance digital wallet (called the «Spot Wallet») when the banking process is complete
After you finished adding the new payment method to your profile, move to the "Buy Crypto" menu (upper bar of the navigator), pick the "Trading P2P" option, and follow the instructions below:
After you have made a payment to the seller, they are going to release the First Bitcoin (BIT), by confirming payment reception.
This way, they will quickly be deposited into your wallet.
Take into account that your First Bitcoin (BIT) must be in your Spot Wallet in order for you to purchase others, so you will have to transfer them there before.
To get this done, you only need to press "Transfer to Spot Wallet" immediately after the buying order has been completed.
In the event you didn’t follow this step, don’t be anxious, you can do it later.
The trader, upon confirming payment reception, will instantly release the First Bitcoin (BIT).
You may check your wallet Binance balance to confirm reception.
Take into account that your First Bitcoin (BIT) must be in your Spot Wallet in order for you to buy others, so you must move them there before.
To accomplish this, you only need to press "Transfer to Spot Wallet" once the buying order is completed.
In case you didn’t do this, don’t worry, you can move the cryptos later.
That’s it! This way you will have funds in the Spot Wallet so you will be able to buy any of the huge selection of First Bitcoin (BIT) that the Binance platform has.
Discover how simple is to purchase any crypto from the Binance platform:
That’s all! Now you will have money in the Spot Wallet so you will be able to purchase any of the several of First Bitcoin (BIT) that the Binance platform has.
See how simple is to buy any crypto from the Binance platform:
This article surely pictured you a wide overview of what Binance is and how you can trade First Bitcoin (BIT) on it.
So, no need to think twice, make a worthwhile business within the Binance platform.
In case you wish to earn money by purchasing cryptocurrencies, you would have to learn how to utilize Kucoin platform. This form oftrade is delivering great benefits to all its subscribers, in fact it is showing more and more evolution in all its tradings.
If you would like to learn very easily how to buy a First Bitcoin (BIT) in Kucoin, you should keep on reading this article.
After you have subscribed to Kucoin and fulfilled the safety requirements, you need to deposit your money. The process is fairly simple, and you have several alternatives to accomplish that.
One of them is usually to go to the "Balance" or "Assets" section at the top right on the navigator screen and look for the «Deposit» hyperlink. Next, choose the First Bitcoin (BIT) you would like to put into your personal account to purchase new cryptos, for instance, USDT.
Following this, you will have to find the network you will utilize for the transaction. We all advise Tron (TRC20) because it has the lowest commissions.
Next is the the address you need to put in the «Exchange» where you have the USDT you wish to send to Kucoin. Once you have already done this, you’ll get the funds in your main account in a matter of seconds.
If that seems not to be not working in your country, you could attempt moving the money to your account through P2P trading. This kind of deal means that you actually make a traditional bank transfer to any of the documented traders to obtain any of the accepted cryptos.
Now that you obtained the funds in your account, it’s time to start using the Kucoin platform.
Purchasing a First Bitcoin (BIT) on Kucoin you need to send the money you’ve just purchased to the trading accounts. To achieve this you must navigate to the "Balance" menu, click the main account, enter your cryptocurrencies and choose "Transfer". This last button can be situated on the same line as the currency you will use for the purchase.
If that doesn’t work in your country, you should try moving the money to your account through P2P trading. This type of transaction signifies that you make a bank transfer to one of the listed traders to receive any of the approved cryptos.
When you received the money in your account, it’s time to start using the Kucoin platform.
Purchasing a First Bitcoin (BIT) on Kucoin you have to transfer the money you have just purchased to the trading account. To do this you need to go to the "Balance" menu, click the main account, enter your cryptocurrencies after which choose "Transfer". This last option can be found on the same line than the currency you are about to use to complete the purchase.
Next, you will be directed to a window to select where you are going to send the funds. You will need to transfer from the "Main Account" to the «Trading Account», and add the currency and the sum you wish to send to operate. Then click "Confirm".
Now that you have the cash in the account, you are ready to buy your crypto and start trading.
Here you will see how to purchase First Bitcoin (BIT) in diverse ways. To start, you must open the «Trade» menu and choose "Spot trading" (Spot Market). After that type the term First Bitcoin (BIT) in the search line in the top corner of the web page.
The platform will highlight the crypto pairs you can trade with.
In other words, you will only be allowed to purchase First Bitcoin (BIT) only with the crypto pairs displayed there.
Just for this case, you’re able do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT because we have funds in this set. When we do it, it instantly loads the crypto chart and the order book with all the buy and sell procedures.
For being able to do the operation, you will have to enter the corresponding key.
At the bottom on the right-hand part, the markets to trade crypto can be found, enabling instantly «Spot». There we now have 3 options to purchase First Bitcoin (BIT). Those are the following:
You can also establish the order activation but process it at the best market price. You do this by selecting "Stop Market", and typing in «Stop Price» the sum you prefer the First Bitcoin (BIT) to arrive to trigger the order and the amount of USDT to pay. By simply clicking Buy First Bitcoin (BIT), your order will be executed at the market rate once it is the same as the stop price you’ve just put.
With any of these alternatives, you already have the First Bitcoin (BIT) tokens you’ve just purchased in your trading account. From now on you are able to make transactions with it or you may want to buy any other cryptos. Remember that with First Bitcoin (BIT) you’ll only be authorized to get the cryptos available in their pairs. Often you will need to sell your First Bitcoin (BIT) for a crypto that mostly appears in the First Bitcoin (BIT) pairs, such as BTC, USDT, and BNB, and you could get the particular one you actually expect.
Now you can buy a First Bitcoin (BIT) using the Kucoin platform.
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