Buying Golem (GLM) on Binance
Undoubtedly one of the world’s leading trading platforms today is Binance.
But if you want to get started operating on it, the first thing you must do is to figure out how to buy Golem (GLM).
So, in this post we will give you all what you need to know to purchase Golem (GLM) on the Binance cryptocurrency platform.
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Figure out how to register on Binance
Opening a Binance account is the very first step you must do.
Subscribing the Binance platform is quite easy: see the following guidelines.
Search for the "Register" button in the Binance homepage and click on it to start the registration process.
Access directly to Binance by clicking here.
In the Binance homepage you’ll find a button named "Register with a phone or email". Press it.
Apple smartphones or tablets can be used as well.
For the purpose of this guide, the email address registration process will be described.
- First, choose the country from the drop-down list according to the one you’re living in.
- The next step is choosing a secure password. This is crucial since it’s all about your money’s safety, so you need to define a really robust one
- In this step you must accept "Terms of Service" and, if you would want to get information, updates and news from Binance in your e-mail address, mark in the corresponding box
By now, you should have received an email in the address you’ve just used for subscribing on the Binance platform. It will have a one-time-only activation code you 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 browsing them.
You’ll immediately notice how easy is to start trading Golem (GLM).
To gain access to these options, you must complete the ID verification.
It is very important to notice that until you complete this security measure, you’ll not be authorized to begin trading Golem (GLM).
No big deal, though. Continue reading through the following paragraphs to fulfill that step.
How to verify your account and begin trading
These are the instructions to verify your Binance subscription and get the authorization to start operating:
On the main page, place the mouse pointer on the user profile button and a list will immediately show up where you will click on "Security"
Or simply look for the "Verify" button on the top of the navigator window
Press "Identification" on the left menu.
Here you’ll have to choose your country of residence.
Now, the three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.
Begin by selecting "Start now" just under the "Verified" level.
A new window will pop-up, and there you’re going to give your personal data: Nationality, first name and surname, second name and birth date. Besides, make sure you type the exact address of your residence
It is time to verify your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
Follow the system requirements to take a selfie.
When you have fulfilled the platform’s guidelines, you will have to wait a moment while your account is confirmed.
Now wait patiently, Binance is going to send you an email once your profile has been approved.
Upon receiving that e-mail it’s time to get Golem (GLM), to do so see the guidelines below.
Purchasing Golem (GLM) on Binance
So, account verified was all you needed to begin purchasing Golem (GLM) right now.
Understanding how to make a purchase of Golem (GLM) is not that hard.
Now you’ll have to 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 instructions to take a selfie.
Once those steps have been fulfilled, the Binance platform will execute a confirmation process on your account.
So, wait patiently, Binance will let you know via e-mail when your request has been approved.
After that, it’s time to acquire Golem (GLM), to do so follow the instructions below.
Purchasing Golem (GLM) on Binance
So, account confirmed was all you needed to begin buying Golem (GLM) right now.
Learning how to buy a Golem (GLM) is actually quite easy.
Be aware that you could have different alternatives for this process
Look for the "Buy cryptos" menu on the Binance homepage to know which alternatives are available to you when making a purchase.
Needless to say you must log into your account to do this
Hovering your mouse pointer over this key will display a list of alternatives for making the purchase.
Next, you’ll have to to show a legal document to corroborate your identity.
Use your ID card, passport or even your license to complete this step.
Follow the system requirements to take a selfie.
When you have completed the system’s instructions, you will have to wait a short while for the confirmation to be performed on your account.
As soon as your application has been approved, you’ll be notified via e-mail, just be patient.
After that, it’s time to purchase Golem (GLM), to do so see the guidelines below.
Learn to buy Golem (GLM) on Binance
Now that you have registered on the Binance platform and got your account confirmed, you can begin trading.
In this section you’ll see how easy is to make a purchase of Golem (GLM).
Some steps might have alternative paths
The "Buy cryptos" menu on the Binance main page should be your reference when making a purchase.
Obviously, you’ll only be able to do this after you’ve logged in
Hovering your mouse pointer over this option will show a list of alternatives for making your purchase.
Learn how to use your debit or credit card for buying Golem (GLM)
The first thing you need to do to buy the Golem (GLM) you want using a credit card, should be to choose this option from the "Buy Cryptos" drop-down menu.
Read on for further directions:
Now you should select the currency you’d like to buy with and specify how much you are going to invest.
The the Golem (GLM) you would like to get must be indicated in the second field
Once you do so, the platform will immediately show you the quantity of Golem (GLM) you are going to be given, according the amount of USD you have previously indicated.
Read on for further instructions:
In the next box, select the currency you wish to use and type the amount you want to invest.
In the next field you must pick the Golem (GLM) you wish to buy
Depending on the amount of USD you’ve previously specified, the platform will automatically display the quantity of Golem (GLM) you’ll be given.
Click "Continue".
To use your Visa/MC credit card as a payment method, select in the "Visa/Mastercard" box the option "Add card".
Credit card details must be typed in this step, then press "Next".
The next field is intended to state the address associated to the credit card. Write it exactly as it is, then choose "Add card".
Now that your new card has been successfully included, click on "Continue".
The platform will now display the synthesis of the order you are generating. The amount your card will be charged in the currency you’ve selected, and the Golem (GLM) you will receive.
In fact, Binance will take a certain percentage as a commission for supporting the operation, and that will be shown in that quick view also.
In less than 1 minute click on "Confirm", after that time the order will expire automatically.
Next, you’ll be redirected towards the site of the credit card issuing bank. Proceed exactly as you do when making a normal online credit card payment.
As soon as the banking procedure is complete, you’ll get your recently bought Golem (GLM) in your Binance digital wallet (referred to as the «Spot Wallet»)
Know how to purchase Golem (GLM) via Binance P2P
You may get Golem (GLM) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. Method of payment is the first parameter you will indicate.
The platform will now show you the synthesis of the buying order you are creating. The sum your card will be charged with the currency you’ve chosen, and the Golem (GLM) you will get.
It will also indicate the commission will be charged for the operation.
Within the next 60 seconds click on "Confirm", there after the order will expire automatically.
The Binance platform will now redirect you to the credit card issuing bank. Then you would make a normal online payment using your credit card.
As soon as the banking procedure is complete, you will get your purchased Golem (GLM) in your Binance e-wallet (called the «Spot Wallet»)
See how easy is how to buy Golem (GLM) with Binance P2P
You could get Golem (GLM) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user too. You should indicate the payment method you wish to work with first.
- Select "Security" in your account.
- From the list on the left-hand side click on "Payment".
- Press the "Add a Payment Method" button and follow the system directions.
Now that the new payment method has been configured in your profile, go to the top part of the display and hover on "Buy Crypto" to drop-down the list of options and press "Trading P2P". Then see the following steps:
- On the upper bar of the "P2P Account" tab, pick "Buy"
- This bar contains the list of Golem (GLM) available for buying via P2P operations. Pick the one you would like to buy, here we present «USDT» as an example.It is important to note that once you purchase one of these cryptocurrencies through P2P trading, you will be able to exchange it for any of the currencies valid in the Binance platform.
- Choose the local currency you want to use from the drop-down list under the "Fiat" label, for instance, «VES».
- Use the "Amount" box to type the amount in VES you’re going to spend to purchase Golem (GLM).
- Choose the payment method and wait for the platform to display all of the traders that are currently offering Golem (GLM).
- Any of the traders shown in the list can be chosen, although it is advisable to select a verified one (with the blue diamond mark), and better, a high-volume seller (gold star badge).
- Press "Buy USDT"
- Enter the amount in VES you would want to pay
- Click on "Buy USDT" again
- Doing so will open an order where you will be in touch with the seller. Pay within the time limit and click on "Transferred, Next", then press "Confirm".
How you can transfer your Golem (GLM) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as payment reception validation has been done.
This way, they will immediately be deposited into your wallet.
Although, in case you want to buy another Golem (GLM), you will need to send them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order is completed.
This Golem (GLM) internal transfer can be performed whenever you need.
Learn how to transfer your Golem (GLM) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception acknowledge has been done.
You may see your wallet Binance balance to confirm reception.
Nonetheless, you must move them to your Spot Wallet in case you would want to get another crypto.
You can do this immediately immediately after the buying order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it at any moment.
- Drop the "Wallet" list down and press on the "Wallet Funds" button.
- Locate the "Transfer" button on the upper right area of the navigator window and press it.
- Set the «From» and «To» options on the pop-up window to:
- From: Funds
- To: Fiat and Spot
- Choose the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Enter the amount you are moving to the spot walet and press "Confirm".
That’s it! This way you will have funds in the Spot Wallet so you will be able to purchase any of the huge selection of Golem (GLM) that the Binance platform has.
To buy Golem (GLM) from Binance what you just have to do is the following:
- Select the "Trading" menu in the upper panel.
- From the list select the "Convert" option.
- Fill in the box the sum of «USDT» you want to invest.
- Choose the crypto you intend to buy.
- Select "Preview conversion".
- Validate the operation and that’s all. You will have the amount of the chosen crypto in your Spot Wallet.
With these funds already in your Spot Wallet, don’t fear to purchase any cryptocurrency you consider might be profitable.
See how easy is to purchase any cryptocurrency from Binance:
- Locate the "Trading" menu in the top upper section.
- From the listing choose the "Convert" option.
- Enter the amount of «USDT» you want to spend.
- Now mark the crypto you’re interested in.
- Click on "Preview conversion".
- Validate the transaction and that’s all. Now you will have the funds of the selected crypto in your Spot Wallet.
This article have surely pictured you a wide panorama of what Binance is and how you can trade Golem (GLM) on it.
Don’t wait any more and start earning some extra money.