How to purchase Gold Coin Reserve (GCR) on the Binance platform
There are a lot of trading platforms today on the WWW, but clearly Binance is one of the most popular and reputed.
However, if you wish to start trading on it, the first thing you should do is to understand how to buy Gold Coin Reserve (GCR).
This article is intended to teach you on how to purchase Gold Coin Reserve (GCR) on the Binance Gold Coin Reserve (GCR) exchange.
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Learn how to register on Binance
Registering on the Binance platform is the very first step you have to complete.
Simply follow each of the guidelines listed below.
On the Binance main page you have to locate the "Register" option and click on it.
You have the direct access here.
Locate the "Register with a phone or email" button in the homepage and press it.
This can also be done with any Apple mobile.
For the purpose of this guide, the e-mail address subscription process will be described.
- From the drop down list of countries, choose the one you reside.
- Next, enter your email address and a password. Be well aware that you are going to invest money, so you ought to give relevance to the password you select
- Whether you wish to be updated periodically via email about Binance news, mark in the corresponding box. Next, you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Next step is the email verification
Check the inbox of the email address you utilized for sign up and look for the activation code for your account. Type it in the corresponding line and click on "Send"
And that’s it! You are now registered to Binance.
Take a time to become familiar with the different options of the Binance platform by browsing them.
You’ll realize how simple is to begin operating with Gold Coin Reserve (GCR).
Complete the mandatory ID verification to enable all those options.
It is very important to note that unless you fulfill this safety step, you’ll not be allowed to begin trading Gold Coin Reserve (GCR).
But no need to worry, read the next paragraphs to know how to do it.
Learn to verify your Binance account and put hands on trading
To be an authorized user you have to complete the next steps:
From the user profile menu, select "Security"
You can also click on the "Verify" button on the upper part of the screen
Select "Identification" on the left menu.
Select the Country of Residence.
You’ll will immediately see 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Begin by clicking on "Start now" located under the "Verified" level.
In this step, you must enter some personal information:
- Nationality.
- First Name and Surname.
- Middle name and date of birth.
- Residence address (exact).
- Middle name and date of birth.
- Middle name and date of birth.
Now you’ll need to provide a legal document to check your identity.
Use your ID card, passport or even your license to complete this step.
Follow the system guidelines to take a selfie.
Now you will have to wait for a short period while an account confirmation process is performed.
So, be patient, Binance is going to send you an e-mail once your profile has been approved.
Congratulations! Once you’ve received the confirmation you’re officially enabled to operate with Gold Coin Reserve (GCR). The following guidelines will be helpful.
Buying Gold Coin Reserve (GCR) on Binance
Now that you are subscribed to the Binance platform and have your account confirmed, you’re able to begin trading.
Take a time to understand how to convert money into Gold Coin Reserve (GCR).
Next, you’ll have to to use a legal document to check your identity.
ID card, passport or even a driver’s license are all valid documents to complete this requirement.
Now, you will have to take a selfie, following the application’s guidelines.
Now you will have to wait for a short time while an account confirmation process is performed.
So, be patient, Binance is going to send you an email once your application has been approved.
Upon receiving that e-mail it’s time to acquire Gold Coin Reserve (GCR), to do so see the instructions below.
Learn to buy Gold Coin Reserve (GCR) on Binance
Since you have registered on the platform and got your account confirmed, you can start trading.
In this segment you’ll learn how simple is to buy a Gold Coin Reserve (GCR).
Some processes might have optional paths
To know which alternatives are available to you when making a purchase, see the "Buy cryptos" menu on the Binance main page.
You must, of course, do this once you are signed into your account
Hovering your mouse pointer over this option will show a list of alternatives for making the purchase.
At this point, the Binance platform will require you to use a legal document for identity corroboration.
Use your ID card, passport or even your driver’s license to complete this step.
Now the system will ask you to take a selfie under certain conditions.
Once you have completed the platform’s requisites, you will have to wait a short time while your account is verified.
When your application has been approved, the platform will let you know via e-mail, just be patient.
Congratulations! Now you’re officially licensed to operate with Gold Coin Reserve (GCR). The following guidelines will be helpful.
Buying Gold Coin Reserve (GCR) on Binance
Starting your Gold Coin Reserve (GCR) trading experience has never been so easy, right?.
The first step is to understand how to buy a Gold Coin Reserve (GCR).
You may have different alternatives throughout the process
See the "Buy cryptos" menu on the Binance homepage to know which alternatives can be found when buying.
You will need to, of course, try this once you are logged into your account
Place your mouse on this option and a list of buying alternatives will be shown.
Did you know you can use your debit or credit card for buying cryptocurrencies?
Choose the credit card-related option from the drop-down menu labeled "Buy Cryptos".
Keep on reading for further directions:
In the next box, select the currency you want to use and type the amount you are going to invest.
Next, select the Gold Coin Reserve (GCR) you are going to buy
When you do so, the platform will immediately show you the number of Gold Coin Reserve (GCR) you will get, considering the amount of USD you have just invested.
These guidelines will help you in the process:
Currency preferred and amount of the investment must be defined in the next box.
In the second field you must choose the Gold Coin Reserve (GCR) you’d like to purchase
After you do so, the platform will automatically show you the quantity of Gold Coin Reserve (GCR) you are going to receive, considering the amount of USD you have previously indicated.
Press "Continue".
Now it’s time to indicate your method of payment. To pay with a credit card, select in the "Visa/Mastercard" field the option "Add card".
Then the platform will ask you to indicate your CC details.
In this step you must state the address the credit card is associated to. Write it exactly as it is, then press "Add card".
Click "Continue" after you notice your card has been successfully included in your account as a new payment method.
The next screen will display a summary of the transaction about to be completed. That includes the amount your card will be charged, the chosen currency and the amount of Gold Coin Reserve (GCR) you will receive.
Another detail of relevance in this quick view is the amount Binance will charge you as a commision for making the purchase.
At this point you have 60 seconds to press "Confirm", otherwise the order will automatically expire.
After this, you’ll be redirected to the site of the bank issuing the credit card. Proceed exactly as you usually do when making a payment using your card on the bank website.
Your recently bought Gold Coin Reserve (GCR) will be credited to your Binance digital wallet (called the «Spot Wallet») when the banking procedure has been completed
Learn how to buy Gold Coin Reserve (GCR) through Binance P2P
An alternative way to buy crypto is to exchange it
with another trader. In that case, you should state which payment method you want to use first.
Next, you’ll be presented an overview of the operation about to be completed. That includes the amount you are paying, the chosen currency and the amount of Gold Coin Reserve (GCR) purchased.
Another important detail in this overview is the sum Binance will charge you as a commision for making the transaction.
In less than 1 minute press "Confirm", and then the order will expire automatically.
Next, you’ll be redirected to the site of the credit card issuing bank. Proceed exactly as you do when making a payment with your card on the bank website.
Your recently purchased Gold Coin Reserve (GCR) will be available in your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking process has been done
Buy Gold Coin Reserve (GCR) with Binance P2P
A different way to buy crypto is to trade it
with another subscriber. Payment method is the first parameter you will add.
- Click on "Security" in your profile.
- Choose "Payment" from the menu on the left.
- Choose "Add a Payment Method" and the Binance platform will guide you through the rest of the process.
Once you finished including the new payment method to your account, go to the "Buy Crypto" menu (upper part of the screen), find the "Trading P2P" button, and follow the directions below:
- On the upper bar of the "P2P Account" menu, pick "Buy"
- In this bar you will find the list of Gold Coin Reserve (GCR) available for purchase through P2P trading. Choose the one you want, in our case we will use «USDT» as an example.Buying one of these Gold Coin Reserve (GCR) through P2P trading allows the user to exchange it on the Binance platform for any of the currencies available.
- Choose the local currency you want to pay with from the drop-down list under the "Fiat" column, for instance, «VES».
- Now you need to indicate the amount in VES you’re going to invest in the "Amount" box.
- Once you have stated the method of payment, the Binance platform will show you a list of dealers’ ads.
- Any of the sellers displayed in the list can be selected, although it is recommendable to select a verified one (with the blue diamond marking), and even better, a high-volume seller (golden star badge).
- Now select "Buy USDT"
- In this step, the amount you wish to invest in VES must be typed
- Click on "Buy USDT" again
- A purchase order has been generated and the trader and you will be able to contact each other for details, in case you need it. You have a time limit to make the payment, otherwise the order will be shut down by the system (and that’s bad for your reputation as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
Ways to transfer your Gold Coin Reserve (GCR) to the Spot Wallet
The seller, upon receiving your money, will automatically release the Gold Coin Reserve (GCR).
The place where Gold Coin Reserve (GCR) are added to is your account wallet.
NB: you need to move them to your Spot Wallet in order for you to get another crypto.
To get this done, all you have to do is click on "Transfer to Spot Wallet" once the buying order has been completed.
If you forget to do this right after the purchase, there’s nothing to worry about: you’ll always be able to do it later.
The right way to transfer your Gold Coin Reserve (GCR) to the Spot Wallet
Once you have made a payment to the trader, they will release the Gold Coin Reserve (GCR), by confirming receipt of the payment.
So, they will quickly be deposited into your wallet.
Take into account that your Gold Coin Reserve (GCR) must be in your Spot Wallet in case you want to purchase others, so you need to transfer them there before.
To accomplish this, you only need to press "Transfer to Spot Wallet" immediately after the buying order is completed.
If you didn’t follow this step, don’t worry, you can do it at any other time.
- Hover the mouse on "Wallet" and select "Wallet Funds" from the drop-down menu.
- See the "Transfer" button on the upper right area of the navigator window and click on it.
- A pop-up window will open, where you must change the options to:
- From: Funds
- To: Fiat and Spot
- For The purpose of this post, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Enter the amount you are sending for the Exchange and click "Confirm".
With these money already in your Spot Wallet, nothing keeps you from purchasing any cryptocurrency you consider could yield the highest profit.
Purchase any crypto from the Binance platform just following the instructions described next:
- In the upper section, find the "Trading" option.
- In the listing select the "Convert" alternative.
- Fill in the box the amount of «USDT» you would like to invest.
- Choose the crypto you wish to get.
- Press "Preview conversion".
- Confirm the transaction and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have money available to buy any of the numerous Gold Coin Reserve (GCR) in the Binance platform.
To purchase Gold Coin Reserve (GCR) from the Binance platform what you just have to do is described below:
- In the upper panel, select the "Trading" option.
- In the list select the "Convert" alternative.
- Enter the sum of «USDT» you want to spend.
- Select the cryptocurrency you would like to purchase.
- Click on "Preview conversion".
- Confirm the operation and that’s it. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
This text have surely pictured you a wide vision of what Binance is and how you can trade Gold Coin Reserve (GCR) on it.
So, no time to waste, make a fruitful business within this crypto platform.