How to buy Groestlcoin (GRS) on Binance
You can find a lot of trading platforms today on the Internet, but certainly Binance is among the most popular and reputed.
So, if you wish to get started trading on it, the first thing you should do is to figure out how to buy Groestlcoin (GRS).
Before getting into the exciting world of crypto within the Binance platform, you should know the following.
----
Be able to register on Binance
The only way to start trading on the Binance platform is opening an account in it.
Registering the Binance platform is simple: observe the following instructions.
Search for the "Register" button in the Binance homepage and press on it to start the registration process.
You may log in directly by clicking here.
Locate the "Register with a phone or email" button in the homepage and click on it.
Apple mobile phones or tablets can be used as well.
In this article, we’ll will show you how to register with an e-mail.
- First, pick the country from the drop-down list according to the one you’re living in.
- The next step is choosing a safety password. This is crucial since it’s all about your money’s safety, so you must to invent a strong one
- Mark if you want Binance to send information and news direct to your email. Accept the "Terms of Service" and press "Create Account"
Binance will automatically send a one-time-only activation keycode (remember: this is NOT the password you’ve created) that you’ll type it in the corresponding line, then click on "Send"
Finally, your Binance subscription has been activated.
Now you can access the Binance platform and review all the options it has to offer.
This way you mayit will be possible to begin operating with Groestlcoin (GRS) very easily.
To have access to those options, you must complete the identity checking.
Warning: No Groestlcoin (GRS) trading will be allowed if you omit this safety measure.
In the next paragraphs, you’ll learn how to do that. Zero problems.
Verify your Binance account to start out trading
The following are the instructions to verify your Binance subscription and get authorized to begin operating:
From the user profile menu, select "Security"
Or just look for the "Verify" button on the top of the navigator window
Look for the option "Identification" on the left side of the screen.
Here you should choose your country of residence.
You’ll will see 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Begin by pressing "Start now" just by the "Verified" level.
At this point, some personal data wil be required:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Residence address (exact).
- Middle name and birth date.
- Middle name and date of birth.
Next, you’ll have to to provide a legal document to support your identity.
Use your ID card, passport or even your license to complete this step.
Now the platform will ask you to take a selfie under certain conditions.
Once those requisites have been completed, the Binance system will carry out a verification process on your account.
Once your request has been accepted, the platform will send you an e-mail, just be patient.
Upon receiving that e-mail it’s time to acquire Groestlcoin (GRS), just see the guidelines below.
Buying Groestlcoin (GRS) on Binance
OK, account approved was all you needed to begin purchasing Groestlcoin (GRS) immediately.
The first step is to know how to invest your money in Groestlcoin (GRS).
Now you’ll have to to show a legal document to verify your identity.
You can do this by using your passport, ID card, or driver’s license.
In the next stage, you will have to take a selfie, according to the application’s guidance.
After completing all those steps, the Binance platform will execute a confirmation process on your account.
So, be patient, Binance is going to let you know via email when your application has been approved.
Congrats! Now you’re officially enabled to operate with Groestlcoin (GRS). See the guidelines that follow.
Buying Groestlcoin (GRS) on Binance
Now that you have subscribed to the Binance platform and have your account confirmed, you are able to start trading.
The first step is to understand how to invest your money in Groestlcoin (GRS).
Some steps might have alternative paths
To find out which options can be found when making a purchase, look for the "Buy cryptos" menu on the Binance homepage.
You will need to, of course, do this after you’ve signed into your account
Placing your mouse pointer over this button will display a list of alternatives for making the purchase.
The next step is to verify your identity using a legal document.
Use your passport, ID card or even your driver’s license to complete this step.
Now the system will require you to take a selfie under certain conditions.
Now you’ll have to wait for a short period while an account confirmation process takes place.
Once your request has been approved, the platform will send you an e-mail, just be patient.
The following instructions will guide you through the Groestlcoin (GRS) buying process. As soon as you’ve received the confirmation email, you are a Binance licensed Groestlcoin (GRS) trader.
Purchasing Groestlcoin (GRS) on Binance
Now that you are subscribed to the platform and got your account validated, you are OK to start trading.
Understanding how to buy a Groestlcoin (GRS) is not that hard.
You will probably have more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Certainly, you’ll only be able to do this once you are logged in
Move your mouse on this button and a list of buying alternatives will deploy.
Using your debit or credit card to purchase cryptos
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
After that, just stick to these directions:
Currency preferred and how much to invest should be specified here.
The the Groestlcoin (GRS) you would like to get should be chosen from the second field
The number of Groestlcoin (GRS) you will receive will depend upon the amount of USD you’ve just defined. The Binance platform will automatically show it to you.
These guidelines will be helpful to continue the process:
Now you must select the currency you wish to buy with and indicate how much you want to invest.
In the second field you should choose the Groestlcoin (GRS) you’d like to buy
The number of Groestlcoin (GRS) you are going to receive will depend upon the amount of USD you have just defined. The Binance platform will immediately show it to you.
Next click "Continue".
Now you must specify your method of payment. To pay with your credit card, select in the "Visa/Mastercard" field the button "Add card".
Card details must be typed in this step, then click "Next".
In this step you must write the physical address details of the CC. Then select "Add card".
Press "Continue" once you see your card has been successfully added to your user profile as a new payment method.
The system will now display the synthesis of the purchase order you are creating. The sum your card will be charged with the currency you have selected, and the Groestlcoin (GRS) you will be given.
Another detail of relevance in this snapshot is the percentage you’ll be charged as a commision for making the purchase.
You have 1 minute to press "Confirm", otherwise the order will be automatically shut down.
The following step must be carried out on the credit card bank platform. Follow the guidelines in the same way you would normally generate a payment with your credit card.
You may check your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking process has been completed and you’ll see your recently purchased Groestlcoin (GRS) already credited
Buy Groestlcoin (GRS) through Binance P2P
Another option you may use to purchase a cryptocurrency is to trade it
with another user. Payment method is the first parameter you will add.
The platform will now display the details of the order you are creating. The amount you are paying in the currency you have picked, and the Groestlcoin (GRS) you will receive.
Obviously, Binance will claim a small amount as a commission for supporting the transaction, and it will appear in that summary also.
Now you have to certify the order pressing the "Confirm" button during the following 60 seconds, or it will be automatically canceled.
The Binance system will now redirect you to the credit card issuing bank. Follow the instructions in the same way you would generate a payment with your credit card.
You can check your Binance digital wallet (referred to as the «Spot Wallet») once the banking process has been completed to see your recently bought Groestlcoin (GRS) already there
Learn how to buy Groestlcoin (GRS) with Binance P2P
A different way to get crypto is to exchange it
with another person. To get this done, the first step is to add the payment method you want to work with.
- Go to the "Security" section of your profile.
- In the list on the left-hand side click on "Payment".
- Click the "Add a Payment Method" button and follow the platform directions.
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 list of options and press "Trading P2P". Then see the following guidelines:
- Locate the "Buy" button on the top bar of the "P2P Account" menu and click it
- Here you can pick the Groestlcoin (GRS) you would like to buy, among all those available for purchase via P2P operations. We will use «USDT» in this example.Note that any Groestlcoin (GRS) purchased in P2P trading could be exchanged by any of the foreign currencies approved by Binance.
- Choose the local currency you want to pay with from the drop-down list under the "Fiat" column, for instance, «VES».
- Use the "Amount" box to type the sum in VES you’d like to use to buy Groestlcoin (GRS).
- Define the payment method and wait for the platform to display all the dealers that are currently offering Groestlcoin (GRS).
- From the list displayed list, you may choose any of the traders. However, it is advisable to choose one with the «Verified» mark and better if a high percentage of completed sales is displayed.
- Now click on "Buy USDT"
- Now the amount you would like to invest in VES must be input
- Select "Buy USDT" once again
- Now an order has been generated and the trader and you will be in touch. Complete the payment, press "Transferred, Next", then press "Confirm". Note that there’s a time limit for you to pay.
Learn how to transfer your Groestlcoin (GRS) to the Spot Wallet
The trader, upon receiving your money, will immediately release the Groestlcoin (GRS).
The default place where Groestlcoin (GRS) are deposited is your account wallet.
Take into account that your Groestlcoin (GRS) must be in your Spot Wallet in order for you to buy others, so you need to move them there before.
To get this done, all you have to do is click on "Transfer to Spot Wallet" once the buying order has been completed.
In the event you didn’t follow this step, don’t worry, you can do it at any other moment.
How to transfer your Groestlcoin (GRS) to the Spot Wallet
After you have made a payment to the trader, they will release the Groestlcoin (GRS), by confirming receipt of the payment.
The default place where Groestlcoin (GRS) are added to is your account wallet.
Take into account that your Groestlcoin (GRS) must be in your Spot Wallet in order for you to purchase others, so you need to send them there before.
To achieve this, you only need to press "Transfer to Spot Wallet" immediately after the purchase order has been completed.
In the event you didn’t follow this step, don’t fear, you can move the cryptos later.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down menu.
- The "Transfer" option is located at the top right. Click on it.
- In the pop-up window, swap the «From» and «To» options to the following configuration:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have money, in the example in this article we use «USDT»
- Type the amount you are about to transfer to the spot walet and press "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from trading any crypto you think will yield the greatest profit.
Note how easy is to buy any cryptocurrency from Binance:
- Find the "Trading" option in the top upper section.
- From the listing select the "Convert" option.
- Enter the sum of «USDT» you want to spend.
- Choose the crypto you intend to buy.
- Choose "Preview conversion".
- Validate the transaction and that’s all. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from buying any crypto you consider will be profitable.
Discover how easy is to purchase any crypto from Binance:
- In the upper panel, find the "Trading" menu.
- In the list choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you want to invest.
- Choose the cryptocurrency you wish to get.
- Click on "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the chosen crypto in your Spot Wallet.
You’ve already learned how simple is to start trading Groestlcoin (GRS) on Binance.
So, no need to think twice, make a worthwhile business in the Binance platform.