Purchasing Global Cryptocurrency (GCC) on the Binance platform
Binance could be considered one of the world’s top trading platforms.
But if you want to start out operating on it, the first thing you must do is to understand how to purchase Global Cryptocurrency (GCC).
Stay on this article and you’ll find all the information you should have for buying crypto on Binance.
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Discover how to register on Binance
Opening a Binance account is the very first step you must do.
Quick and easy subscription: just follow the detailed instructions listed below.
On the Binance homepage you have to locate the "Register" button and press it.
Click here to go straight to the Binance platform.
Locate the "Register with a phone or email" button in the main page and click on it.
You can also do this using your iOS mobile.
For the purpose of this guide, the e-mail address subscription technique will be explained.
- From the drop-down list of countries, select the one you reside.
- Now, type your email address and a password. Bear in mind that you are going to invest your money, you ought to give importance to the password you choose
- If you want to be informed periodically via e-mail about Binance news, mark in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Now it just needs to be verified via email
You should have received an e-mail in the address you’ve just used for subscribing on the Binance platform. In its text you’ll see a one-time-only activation password you will enter in that page. Then press "Send"
You’re now a Binance user!.
You can now enter the Binance platform and get to know all the options it has to offer.
You’ll realize how simple is to begin operating with Global Cryptocurrency (GCC).
Complete the required identity verification to enable all these options.
Please, be well aware that it will be only after you have completed this security step that you’ll get permission to start trading Global Cryptocurrency (GCC).
But no need to worry, continue reading the next instructions to find out how to do it.
Learn to complete the verification of your account and start trading
These are the steps to verify your Binance subscription and get the authorization to begin trading:
Click on "Security" from the drop-down list under the user profile button
You can also press "Verify" button at the top of the navigator window
Look for the option "Identification" on the left part of the screen.
Select the Country of Residence.
The platform displays you three levels of verification: the one you already have, the Verified, and the Verified Plus.
Now you should select "Verified", pressing the "Start now" option under that label.
At this point, you must give some personal data:
- Nationality.
- First Name and Last name.
- Middle name and birth date.
- Residence address (exact).
- Middle name and birth date.
- Second name and date of birth.
Now you’ll have to to provide a legal document to check your identity.
ID card, passport or even a driver’s license will be enough to fulfill this condition.
Follow the system requirements to take a selfie.
Once those requirements have been fulfilled, the Binance system will do a confirmation process on your account.
Now you must wait until your request has been accepted. Be patient, the system will send you an e-mail.
Congratulations! As soon as you’ve received the confirmation you’re officially licensed to operate with Global Cryptocurrency (GCC). The following guidelines will be helpful.
How to buy Global Cryptocurrency (GCC) on Binance
All right, account confirmed was all you needed to begin buying Global Cryptocurrency (GCC) right now.
Understanding how to make a purchase of Global Cryptocurrency (GCC) is actually quite easy.
It is time to corroborate your identity using a legal document.
You can do this with your ID card, passport, or license.
Follow the system guidelines to take a selfie.
The final step will be made by the Binance system: a corroboration process that will take only a short time.
Once your application has been accepted, you’ll be informed via e-mail, just be patient.
After that, it’s time to buy Global Cryptocurrency (GCC), to do so follow the guidelines below.
Purchasing Global Cryptocurrency (GCC) on Binance
So, account approved was all you needed to begin purchasing Global Cryptocurrency (GCC) right now.
First you need to know how to make a purchase of Global Cryptocurrency (GCC).
Some steps would probably have optional paths
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
Needless to say you must log into your account to do this
Placing your mouse pointer over this option will display a list of alternatives to make the purchase.
The next step is to sustain your identity using a legal document.
You can do this by using your ID card, passport, or driver’s license.
Now, you will have to take a selfie, following the application’s instructions.
Now you will have to wait for a short period while an account verification process is performed.
Once your profile has been accepted, Binance is going to let you know via email, just be patient.
Upon receiving that email it’s time to get Global Cryptocurrency (GCC), to do so follow the guidelines below.
Purchasing Global Cryptocurrency (GCC) on Binance
Since you have subscribed to the platform and have your account verified, you are OK to begin trading.
Understanding how to make a purchase of Global Cryptocurrency (GCC) is actually quite easy.
You may have more than one option throughout the process
To find out which alternatives can be found when buying, look for the "Buy cryptos" menu on the Binance main page.
Needless to say you must login to your account to do this
Placing your mouse pointer over this button will show a list of alternatives to make your purchase.
Did you know you could use your credit or debit card to purchase cryptos?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Read on for detailed guidelines:
Now you must pick the currency you wish to buy with and type how much you want to invest.
The the Global Cryptocurrency (GCC) you intend to get should be indicated in the second field
Considering the amount of USD you’ve previously defined, the platform will automatically show you the quantity of Global Cryptocurrency (GCC) you are going to be given.
After that, just observe these guidelines:
Currency preferred and amount of the investment should be indicated here.
Next, pick the Global Cryptocurrency (GCC) you are going to purchase
Once you do so, the platform will immediately show you the number of Global Cryptocurrency (GCC) you will receive, taking into account the amount of USD you have previously indicated.
Click "Continue".
Now you must define the method of payment you’ll use. To pay with a credit card, choose in the "Visa/Mastercard" field the button "Add card".
Credit card data must be entered in this step, then click "Next".
The next field is intended to specify the address the credit card is associated to. Enter it exactly as it is, then press "Add card".
With this step, your card will be added to the valid methods of payment in your user profile. Click "Continue".
Next, all the important details of the operation will be presented: the amount you will pay and the corresponding currency, and obviously, the cryptos you will get.
Another detail of relevance in this summary is the percentage Binance will charge you as a commision for making the transaction.
At this point you have 1 minute to press "Confirm", otherwise the order will automatically expire.
The Binance platform will now send you to the bank issuing the credit card. There you will complete a normal on-line payment using your credit card.
You can check your Binance digital wallet (referred to as the «Spot Wallet») after the banking procedure is complete to find your recently bought Global Cryptocurrency (GCC) already credited
Purchase Global Cryptocurrency (GCC) with Binance P2P
You could buy Global Cryptocurrency (GCC) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber too. You should state which payment method you wish to apply first.
The next screen will display a summary of the transaction in its final stage. It includes the amount you will pay, the chosen currency and the amount of Global Cryptocurrency (GCC) you will receive.
Another important detail in this overview is the sum you’ll be charged as a commision for making the transaction.
Within the next 60 seconds press "Confirm", there after the order will be automatically aborted.
The following step must be done on the credit card bank webpage. Proceed exactly as you do when making a standard online credit card payment.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») when the banking process has been completed to find your recently purchased Global Cryptocurrency (GCC) already there
Buy Global Cryptocurrency (GCC) via Binance P2P
You may buy Global Cryptocurrency (GCC) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber too. You should add which payment method you wish to apply first.
- Select "Security" in your account.
- From the menu on the left-hand side select "Payment".
- Click the "Add a Payment Method" button and follow the system instructions.
Now that the new payment method has been added to your profile, go to the top part of the screen and hover on "Buy Crypto" to drop-down the menu and click on "Trading P2P". Then see the following instructions:
- On the top bar of the "P2P Account" tab, select "Buy"
- Here you can select the Global Cryptocurrency (GCC) you want, among all those available for buying via P2P trading. We will use «USDT» for this guide.Note that any Global Cryptocurrency (GCC) purchased in P2P trading is allowed to be exchanged by any of the currencies approved by Binance.
- Look for the "Fiat" label on the upper tabs and reveal the drop-down menu to find all valid currencies. We’ll use «VES» in this example.
- In the "Amount" box, enter the amount in VES you would like to buy with.
- You will see a register of traders offering cryptos as soon as you define the method of payment.
- Any of the sellers displayed in the list can be chosen, but it is advisable to choose a verified one (with the blue diamond mark), and even better, a high-volume seller (golden star mark).
- Next select "Buy USDT"
- In this step, the amount you would like to pay in VES must be input
- Press "Buy USDT" once again
- Doing so will open an order where you will have connection with the seller. Make the payment within the time limit and click on "Transferred, Next" and then press "Confirm".
How to transfer your Global Cryptocurrency (GCC) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception acknowledge has been done.
So, they will immediately be deposited into your wallet.
NB: you must move them to your Spot Wallet in order for you to get another cryptocurrency.
You can do this immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
This Global Cryptocurrency (GCC) internal movement can be performed anytime later.
Ways to transfer your Global Cryptocurrency (GCC) to the Spot Wallet
The seller, upon receiving your payment, will immediately release the Global Cryptocurrency (GCC).
You may see your wallet account balance to confirm reception.
Take into account that your Global Cryptocurrency (GCC) must be in your Spot Wallet in case you would want to get others, so you will need to move them there before.
To accomplish this, all you have to do is click on "Transfer to Spot Wallet" right after the buying order is completed.
If you forget to follow this step right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it later.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- The "Transfer" option is located on the upper right area of the navigator window. Press it.
- A pop-up window will open, where you must change the options to:
- From: Funds
- To: Fiat and Spot
- For this article, we will use «USDT» as an example, but you’ll obviously select the currency you have
- Type the cryptos you are about to move for the Exchange and press "Confirm".
With these funds already in your Spot Wallet, don’t fear to purchase any crypto you think might be worthwhile.
Note how simple is to buy any crypto from the Binance platform:
- Look for the "Trading" menu in the top upper section.
- From the list choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to spend.
- Now select the crypto you’re about to purchase.
- Click on "Preview conversion".
- Validate the operation and that’s it. You will have the funds of the selected crypto in your Spot Wallet.
With these funds already in your Spot Wallet, don’t fear to buy any crypto you believe could be profitable.
To buy Global Cryptocurrency (GCC) from Binance all you have to do is described below:
- Find the "Trading" menu in the top panel.
- Click on "Convert" from the list.
- Indicate the amount of «USDT» you wish to invest.
- Choose the crypto you wish to get.
- Select "Preview conversion".
- Confirm the operation and that’s it. You now will have the amount of the chosen crypto in your Spot Wallet.
Depending on this information, you are now ready to start out trading on Binance.
So, no time to waste, make a worthwhile business in the Binance platform.