Learn how to purchase Gems (GEM) on Binance
You can find many trading platforms on the ’net nowadays, but certainly Binance is one of the most popular and reputed.
Therefore, the first thing you should to do if you want to get started operating on it is to figure out how to buy Gems (GEM).
Continue reading this post and you will find all the information you need for buying crypto on Binance.
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Discover how to register on Binance
The only way to begin trading within the Binance platform is opening an account in it.
To do so, you should follow each of the guidelines below.
On the Binance main page you must locate the "Register" button and press it.
Go directly to Binance by pressing here.
In the Binance homepage you’ll find a button with the label "Register with a phone or email". Click on it.
You can also do this using your iOS mobile.
In this article, we’ll will explain how to register with an email.
- In the screen you’ll immediately see, select your country of residence from the drop-down list.
- Now the vital part: password. Choose a string of characters strange enough not to be simply guessed. Never use your name, birth date or things like that. Be well aware that it’s your property what will have to be secured by that password
- Choose if you wish Binance to send news and information direct to your email. Accept the "Terms of Service" and click on "Create Account"
Check the inbox at the email address you utilized for enrollment and look for the activation code exclusive of your Binance account. Type it in the corresponding box and press "Send"
Finally, your Binance enrollment has been activated.
You can now access the Binance platform and observe all the options it has to offer.
That’s the best way to know how friendly the Binance platform is, and how fast you can begin operating with Gems (GEM).
Complete the required identity checking to enable all those options.
Notice: No Gems (GEM) trading will be permitted if you skip this security step.
No big deal, though. Read the next paragraphs to complete that step.
Verify your Binance account to begin trading
The following are the guidelines to verify your Binance account and get the permission to start trading:
On the main page, place the mouse pointer on the user profile button and a list will immediately show up where you will have to press "Security"
You may also press "Verify" button at the top of the navigator window
In the list shown on the left-hand side of the screen, click on the "Identification" option.
Pick your Country of Residence.
Now you’ll will immediately find three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
To begin, click on "Start now" just by the "Verified" level.
At this point, you must give certain personal information:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Exact address of your residence.
- Second name and birth date.
- Middle name and birth date.
Now you’ll have to to present a legal document to support your identity.
ID card, passport or even a license will be enough to complete this condition.
In the next step, you will have to take a selfie, according to the application’s instructions.
When you have fulfilled the platform’s guidelines, you will have to wait a moment for the confirmation to be performed on your account.
So, be patient, Binance will send you an email once your application has been accepted.
Congratulations! Once you’ve got the confirmation you’re officially licensed to operate with Gems (GEM). The following instructions will be helpful.
Learn to buy Gems (GEM) on Binance
Since you have registered on the platform and have your account validated, you can begin trading.
The first thing is to figure out how to convert money into Gems (GEM).
Now you’ll have to to use a legal document to verify your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
When you have fulfilled the system’s requisites, you will have to wait a short while for the confirmation to be performed on your account.
Now be patient, Binance is going to let you know via e-mail as soon as your application has been accepted.
After that, it’s time to get Gems (GEM), to do so see the instructions below.
Purchasing Gems (GEM) on Binance
All right, account confirmed was all you needed to begin buying Gems (GEM) right now.
Understanding how to convert money into Gems (GEM) is not that hard.
Some steps might have alternative paths
Use the "Buy cryptos" menu on the Binance homepage to know which alternatives you have when buying.
You need to, of course, try this once you are signed into your account
Unveil all the different purchase options just by hovering your mouse over this button.
It is time to sustain your identity with a legal document.
You can do this by using your ID card, passport, or license.
Now, you will have to take a selfie, according to the application’s guidelines.
When you have fulfilled the platform’s instructions, you will have to wait a short while for the confirmation to be applied to your account.
Now you must wait until your request has been accepted. Be patient, the system will send you an email.
The following instructions will guide you through the Gems (GEM) trading process. As soon as you’ve got the confirmation email, you are a Binance authorized Gems (GEM) trader.
How to buy Gems (GEM) on Binance
Starting your Gems (GEM) trading experience has never been so simple, right?.
The first step is to figure out how to buy a Gems (GEM).
You will probably have more than one option throughout the process
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
You need to, of course, make this happen once you are logged into your account
Place your mouse over this key and a list of buying alternatives will be shown.
Buying Gems (GEM) using a credit/debit card
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
The following instructions will help you in the process:
Currency preferred and how much to invest should be specified in the next box.
The the Gems (GEM) you would like to buy should be indicated in the second field
Considering the amount of USD you have just invested, the system will immediately display the quantity of Gems (GEM) you’ll get.
After that, just follow the following guidelines:
Now you must select the currency you wish to buy with and type how much you are going to invest.
In the next field you must choose the Gems (GEM) you wish to purchase
The number of Gems (GEM) you’ll be given will depend upon the amount of USD you have previously defined. The Binance system will automatically show it to you.
Click "Continue".
To add your Visa/MC credit card as a payment method, pick in the "Visa/Mastercard" field the option "Add card".
Enter your CC details and press "Next".
In this step you must indicate the address the credit card is associated to. Enter it exactly as it is, then select "Add card".
When you see your card has been successfully added, click on "Continue".
The system will now display the summary of the order you are creating. The amount your card will be charged in the currency you have picked, and the Gems (GEM) you will get.
It will also show you the commission will be charged for the operation.
You have 1 minute to click on "Confirm", otherwise the order will be automatically canceled.
The Binance platform will now redirect you to the credit card issuing bank. Then you would complete a standard on-line payment using your credit card.
As soon as the banking process has been finished, you will get your purchased Gems (GEM) in your Binance e-wallet (called the «Spot Wallet»)
Know how to buy Gems (GEM) with Binance P2P
That means «Person To Person», i.e.: exchanging Gems (GEM)
with another Binance trader. Method of payment is the first setting you should specify.
Next, all the important details of the transaction will be presented: the sum you will pay and the corresponding currency, and of course, the cryptos you are going to receive.
Certainly, Binance will take a small amount as a commission for making the transaction, and it will appear in that quick view as well.
Within the next 60 seconds press "Confirm", and then the order will be automatically shut down.
The platform will now send you to the credit card issuing bank. Then you should complete a normal online payment using your credit card.
Once the banking procedure has been done, you are already in possession of the purchased Gems (GEM) in your Binance e-wallet (called the «Spot Wallet»)
Purchase Gems (GEM) via Binance P2P
This means «Person To Person», i.e.: trading Gems (GEM)
with another Binance subscriber. To do this, the first step is to indicate which payment method you want to make use of.
- Go to your profile and click on "Security".
- Choose "Payment" from the menu on the left.
- Press the "Add a Payment Method" button and follow the system instructions.
Now that the new payment method has been configured in your profile, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the menu and press "Trading P2P". Then see the following directions:
- Locate the "Buy" button on the top bar of the "P2P Account" tab and press it
- This bar contains all the Gems (GEM) available for purchase through P2P trading. Choose the one you want, for this exercise we use «USDT» as an example.Any Gems (GEM) bought via P2P trading could be exchanged by any of the foreign currencies approved by Binance.
- Locate the "Fiat" column on the upper menu and reveal the drop-down list to see all valid currencies. We’ll use «VES» in this example.
- In the "Amount" box, enter the sum in VES you intend to invest.
- After you have defined the payment method, the Binance platform will display a list of dealers’ offers.
- Any of the sellers displayed in the list can be chosen, but it is recommendable to choose a verified one (with the blue diamond badge), and even better, a high-volume seller (golden star marking).
- Select "Buy USDT"
- Type the amount in VES you would want to invest
- Select "Buy USDT" again
- A purchase order has been created and the trader and you will be able to contact each other for further details, if needed. You have a limited time to pay, otherwise the order will be canceled by the system (something not good for your reputation as a buyer). Once you have paid, press "Transferred, Next" and then press "Confirm".
How you can transfer your Gems (GEM) to the Spot Wallet
When you have completed a payment to the seller, they are going to release the Gems (GEM), by confirming payment reception.
This way, they will instantly be added to your account balance.
Note that you will have to move them to your Spot Wallet in order for you to buy another crypto.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t follow this step, don’t worry, you can do it later.
Learn how to transfer your Gems (GEM) to the Spot Wallet
After you have completed a payment to the trader, they will release the Gems (GEM), just by confirming receipt of the payment.
This way, they will automatically be deposited into your wallet.
However, in case you would want to purchase any other Gems (GEM), you will need to move them to your Spot Wallet.
To do this, all you have to do is click on "Transfer to Spot Wallet" right after the buying order is completed.
Should you forget to follow this step right after buying the cryptos, no problem at all: you’ll always be able to do it at any moment.
- Drop the "Wallet" menu down and select the "Wallet Funds" button.
- Now click on the "Transfer" option at the top right.
- Change the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Type the amount you are about to send to the spot walet and press "Confirm".
With these funds already in your Spot Wallet, don’t fear to purchase any cryptocurrency you believe could be worthwhile.
To buy Gems (GEM) from the Binance platform what you just have to do is the following:
- Select the "Trading" option in the top top panel.
- In the list select the "Convert" option.
- Indicate the amount of «USDT» you wish to invest.
- Now indicate the cryptocurrency you’re interested in.
- Choose "Preview conversion".
- Confirm the operation and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from purchasing any crypto you believe could yield the highest profit.
To buy Gems (GEM) from Binance all you have to do is the following:
- In the top panel, find the "Trading" menu.
- From that listing select the "Convert" alternative.
- Fill in the box the amount of «USDT» you would like to invest.
- Now indicate the cryptocurrency you’re about to get.
- Select "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the chosen crypto in your Spot Wallet.
Depending on the above mentioned information, you are now ready to begin trading on Binance.
Don’t wait any further and start earning an extra income.