Purchasing HubCoin (HUB) on the Binance platform
Binance is among the leading trading platforms in the world.
Understanding how to trade with HubCoin (HUB) is essential in case you need to get started on trading on that platform.
Stay on this post and you will find everything you need to know about buying crypto on Binance.
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Learn how to register on Binance
There is only way to begin trading within the Binance platform: subscribing to it.
Subscribing on the Binance platform is very easy: check the following guidelines.
On the Binance homepage you have to locate the "Register" button and click on it.
You may access directly by clicking here.
Right now press the "Register with a phone or email" button.
The Binance platform is totally compatible with iOS devices as well.
Here you’ll will see the registration process using an email address.
- In the screen that will be displayed, choose your country of residence from the drop down list.
- Following, enter your email address and a security password. Be well aware that you are going to invest money, you should give importance to the password you select
- Now you must accept "Terms of Service" and, if you wish to receive information, news and updates from Binance in your e-mail address, click in the corresponding box
See the inbox of the email address you indicate at subscription and look for the activation code exclusive of your account. Write it in the corresponding box and click on "Send"
Finally, your Binance enrollment has been activated.
It would be a nice idea to browse the different areas of the Binance platform and get acquainted to them.
That’s the best way to know how practical the Binance platform is, and how fast you can begin trading HubCoin (HUB).
Complete the mandatory identity verification to enable all these options.
Please, take into account that it is only after you have completed this security step that you’ll get permission to begin trading HubCoin (HUB).
No big deal, though. Continue reading through the next paragraphs to complete that step.
How to complete the verification of your Binance account and begin trading
See the next guidelines and become an authorized subscriber:
Pick "Security" from the drop-down list under the user profile button
Or just look for the "Verify" button on the top of the screen
In the list shown on the left-hand area of the navigator window, click on the "Identification" option.
Now you should pick your country of residence.
The platform will show you three verification levels: the one you already have, the Verified, and the Verified Plus.
At this moment, you must choose "Verified", clicking on the "Start now" option under it.
A pop-up window will appear, and there you will be required to give your personal data: Nationality, first name and last name, middle name and date of birth. Also, make sure you enter the exact address of your residence
Now you’ll have to to use a legal document to verify your identity.
Use your ID card, passport or even your license to complete this step.
Now, you will be asked to take a selfie, following the application’s instructions.
Once those steps have been fulfilled, the Binance platform will execute a confirmation process on your account.
All you need to do is be patient, Binance is going to let you know via email as soon as your request has been approved.
The following instructions will guide you through the HubCoin (HUB) buying process. As soon as you’ve received the confirmation email, you have become a Binance authorized HubCoin (HUB) trader.
Buying HubCoin (HUB) on Binance
Since you have subscribed to the platform and got your account validated, you’re able to begin trading.
The first step is to learn how to make a purchase of HubCoin (HUB).
Here, the Binance platform will require you to show a legal document for identity checking.
passport, ID card or even a license will be enough to complete this formality.
Now the system will ask 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.
Now you have to wait until your profile has been approved. Be patient, the system will send you an e-mail.
Congrats! As soon as you’ve received the confirmation you’re officially authorized to operate with HubCoin (HUB). See the guidelines that follow.
Buying HubCoin (HUB) on Binance
Starting your HubCoin (HUB) trading adventure has never been so easy, right?.
Understanding how to convert cash into HubCoin (HUB) is actually quite easy.
You may find different options throughout the process
Look for the "Buy cryptos" menu on the Binance homepage to find out which options you have when making a purchase.
You should, of course, try this once you are logged into your account
Placing your mouse pointer over this key will show a list of alternatives for making the purchase.
Next, you’ll have to to provide a legal document to sustain your identity.
Use your passport, ID card or even your driver’s license to complete this step.
In the next stage, you will be asked to take a selfie, according to the application’s guidance.
Now you will have to wait for a short time while an account confirmation process is performed.
As soon as your profile has been accepted, you will be notified via e-mail, just be patient.
Upon receiving that e-mail it’s time to buy HubCoin (HUB), to do so see the instructions below.
Purchasing HubCoin (HUB) on Binance
Beginning your HubCoin (HUB) trading experience has never been so simple, right?.
In this segment you’ll learn how easy is to buy a HubCoin (HUB).
Some processes might have optional paths
The "Buy cryptos" menu on the Binance main page should be your reference when making a purchase.
You will need to, of course, do this after you’ve signed into your account
Move your mouse on this option and a list of buying alternatives will be shown.
Buying HubCoin (HUB) using a credit/debit card
What you will do to buy the HubCoin (HUB) of your choice using a credit card, is to select this method from the drop-down list labeled "Buy Cryptos".
Continue reading for detailed guidelines:
Now you must pick the currency you want to use and enter how much you want to invest.
In the second field you must select the HubCoin (HUB) you wish to purchase
Considering the amount of USD you’ve recently defined, the platform will immediately display the quantity of HubCoin (HUB) you’ll be given.
Keep on reading for detailed guidelines:
Now you should choose the currency you want to buy with and enter the amount you want to invest.
The the HubCoin (HUB) you’d like to buy should be selected from the second field
After you do so, the platform will automatically display the quantity of HubCoin (HUB) you will be given, considering the amount of USD you’ve recently defined.
Click on "Continue".
In case you’re going to pay with your credit card, go to the "Visa/Mastercard" field and click on the "Add card" button.
Then the system will ask you to type your card numbers.
Your credit card’s address must be stated next. Be very careful, since you must enter it exactly as it is, otherwise the card might not be approved. Then press "Add card".
When you see your card has been included, press "Continue".
Next, all the relevant details of the transaction will be summarized: the amount you will pay and the corresponding currency, and of course, the cryptos you will receive.
Another detail of relevance in this snapshot is the percentage you’ll be charged as a commision for making the purchase.
At this point you have 1 minute to press "Confirm", otherwise the order will automatically expire.
After this, you’ll be redirected towards the site of the credit card issuing bank. Follow the directions in the same way you would normally pay with your card.
You can check your Binance digital wallet (referred to as the «Spot Wallet») when the banking process has been done to find your recently purchased HubCoin (HUB) already there
Buy HubCoin (HUB) through Binance P2P
An alternative way to buy a cryptocurrency is to trade it
with another user. You should state which payment method you would want to use first.
The system will now display the details of the purchase order you are about to complete. The amount your card will be charged in the currency you’ve selected, and the HubCoin (HUB) you will get.
In fact, Binance will claim a certain percentage as a commission for making the operation, and it will appear in that quick view as well.
At this point you have 60 seconds to click on "Confirm", otherwise the order will be automatically aborted.
The next step needs to be done on the credit card bank webpage. Then you should complete a standard on-line payment using your credit card.
Your recently purchased HubCoin (HUB) will be credited to your Binance e-wallet (called the «Spot Wallet») after the banking procedure has been done
Learn how to buy HubCoin (HUB) via Binance P2P
That means «Person To Person», i.e.: exchanging HubCoin (HUB)
with another Binance user. In that case, you should indicate which payment method you wish to use first.
- Go to your account and click on "Security".
- From the menu on the left-hand side select "Payment".
- After choosing "Add a Payment Method" the platform will guide you through the rest of the procedure.
Now that the new method of payment has been included in your profile, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following guidelines:
- Press the "Buy" option on the top bar of the "P2P Account" tab
- In this bar you’ll see the list of HubCoin (HUB) available for buying via P2P operations. Choose the one you want, in our case we present «USDT» as an example.Note that any HubCoin (HUB) bought in P2P trading could be exchanged by any of the currencies approved by Binance.
- Choose the local currency you want to make the payment with from the drop-down list under the "Fiat" column, for example, «VES».
- In the "Amount" box, input the amount in VES you would like to buy with.
- After you have selected the method of payment, the system will show you a list of dealers’ ads.
- Any of the traders shown in the list can be chosen, although it is advisable to choose a verified one (with the blue diamond marking), and even better, a high-volume seller (gold star marking).
- Now click on "Buy USDT"
- Now the amount you want to invest in VES must be typed
- Again, press "Buy USDT"
- A buying order has been opened and the trader and you will be able to contact each other for details, if needed. You have a time limit to pay, otherwise the order will be terminated by the platform (something not good for your reputation as a buyer). Once you paid, click on "Transferred, Next", then press "Confirm".
How you can transfer your HubCoin (HUB) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception validation has been done.
So, they will automatically be added to your account balance.
Take into account that your HubCoin (HUB) must be in your Spot Wallet in order for you to get others, so you must transfer them there before.
You can do this immediately immediately after the purchase order is completed just by clicking "Transfer to Spot Wallet".
This HubCoin (HUB) internal movement can be performed whenever you need.
Ways to transfer your HubCoin (HUB) to the Spot Wallet
Once you have completed a payment to the seller, they will release the HubCoin (HUB), just by confirming payment reception.
You may see your wallet Binance balance to confirm reception.
Take into account that your HubCoin (HUB) must be in your Spot Wallet in order for you to buy others, so you will need to send them there before.
That’s quite simple: just press "Transfer to Spot Wallet" right after the purchase order is completed.
This HubCoin (HUB) internal movement can be performed anytime later.
- Drop the "Wallet" menu down and click on the "Wallet Funds" option.
- The "Transfer" option is located at the top right. Press it.
- In the pop-up window, swap the «From» and «To» options to the following settings:
- 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 cryptos you are about to transfer to the spot walet and click "Confirm".
With these money already in your Spot Wallet, don’t fear to buy any crypto you consider will be profitable.
Note how easy is to buy any crypto from Binance:
- Look for the "Trading" menu in the top upper section.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to invest.
- Choose the crypto you intend to purchase.
- Press "Preview conversion".
- Confirm the transaction and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
That’s all! This way you will have funds in the Spot Wallet so you will be able to trade any of the huge selection of HubCoin (HUB) within the Binance platform.
To buy HubCoin (HUB) from the Binance platform what you just have to do is the following:
- In the top section, look for the "Trading" menu.
- In the list choose the "Convert" option.
- Fill in the box the amount of «USDT» you want to invest.
- Select the crypto you intend to buy.
- Select "Preview conversion".
- Validate the operation and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
You’ve already seen how simple is to start doing business with HubCoin (HUB) on Binance.
So, no need to think twice, make a profitable business within this cryptocurrency platform.