Buying Huobi BTC (HBTC) on Binance
Binance is one of the leading trading platforms in the world.
Understanding how to trade with Huobi BTC (HBTC) is vital if you’ would like to start operating on that platform.
Keep on reading this article and you will discover everything you need to know about purchasing crypto on Binance.
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Discover ways to register on Binance
Opening a Binance account is the initial step you have to accomplish.
Quick and easy registration: just follow the detailed instructions listed below.
Search for the "Register" option in the Binance main page and press on it to start the registration process.
You may access directly by pressing here.
Look for the "Register with a phone or email" button in the main page and press it.
iOS mobile phones or tablets can be used to do this as well.
Here you’ll will see the registration technique using an e-mail address.
- First, pick the country from the drop down list according to the one you reside.
- Now the crucial part: password. Define a string of characters difficult enough not to be easily guessed. Never use your birth date, middle name or things like that. Bear in mind that it’s your property what will be protected by that word
- Mark whether you want to receive information and news directly from Binance to your email address. Accept the "Terms of Service" and press "Create Account"
The Binance platform 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 box, then click on "Send"
Finally, your Binance subscription is active.
Take a time to become familiar with the different options of the Binance platform by visiting them.
This way you canit will be possible to start trading Huobi BTC (HBTC) easily.
To have access to these options, you must fulfill the identity checking.
Please, be well aware that it is only after you have completed this safety step that you’ll be allowed to start operating with Huobi BTC (HBTC).
In the following paragraphs, you’ll be guided about how to do it. Hassle-free.
How to verify your Binance account and begin trading
These are the instructions to verify your Binance account and get the permission to start trading:
From the user profile menu, choose "Security"
Another alternative is to move to the upper part of the navigator window and click on the "Verify" button
Click "Identification" on the left menu.
Here you must pick your country of residence.
Here you’ll will find 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Now you must choose "Verified", pressing the "Start now" button below that label.
Then it displays a pop-up window in which you must write the following data:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Exact address of your residence.
Next, you’ll have to to provide a legal document to verify your identity.
You can do this with your passport, ID card, or driver’s license.
Now the system will require you to take a selfie following certain instructions.
The final step will be carried out by the Binance platform: a verification process that will take only a short time.
Now you have to wait until your request has been approved. Be patient, Binance will send you an email.
Upon receiving that email it’s time to buy Huobi BTC (HBTC), to do so see the instructions below.
Buying Huobi BTC (HBTC) on Binance
Since you are subscribed to the Binance platform and got your account confirmed, you can begin trading.
Learning how to buy a Huobi BTC (HBTC) is not that hard.
The next step is to support your identity using a legal document.
You can do this with your passport, ID card, or driver’s license.
Follow the system guidelines to take a selfie.
Now you’ll have to wait for a short time while an account verification process is performed.
As soon as your profile has been accepted, the system will let you know via e-mail, just be patient.
The following instructions will guide you through the Huobi BTC (HBTC) trading process. As soon as you’ve got the confirmation email, you’re a Binance authorized Huobi BTC (HBTC) trader.
Purchasing Huobi BTC (HBTC) on Binance
All right, account confirmed means you can begin purchasing Huobi BTC (HBTC) immediately.
Take a time to understand how to buy a Huobi BTC (HBTC).
Be aware that you have more than one option for this process
To find out which options are available to you when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this after you’ve logged in
Placing your mouse pointer over this option will display a list of alternatives for making your purchase.
Now you’ll have to to provide a legal document to check your identity.
You can do this with your passport, ID card, or driver’s license.
Follow the system requirements to take a selfie.
Once those steps have been completed, the Binance system will execute a verification process on your account.
So, be patient, Binance is going to send you an email when your application has been accepted.
The following instructions will guide you through the Huobi BTC (HBTC) purchasing process. As soon as you’ve received the confirmation e-mail, you have become a Binance licensed Huobi BTC (HBTC) trader.
Purchasing Huobi BTC (HBTC) on Binance
OK, account verified means you can begin purchasing Huobi BTC (HBTC) immediately.
Take a time to learn how to convert money into Huobi BTC (HBTC).
Some processes might have alternative paths
To know which alternatives are available to you when buying, see the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this if you’re logged in
Place your mouse on this key and a list of buying alternatives will deploy.
Buying Huobi BTC (HBTC) with a credit/debit card
Pick the credit card-related option from the "Buy Cryptos" drop-down list.
The following guidelines will help you in the process:
Now you should select the currency you wish to use and enter the amount you are going to invest.
In the next field you should select the Huobi BTC (HBTC) you’d like to get
Taking into account the amount of USD you’ve previously defined, the system will immediately show you the quantity of Huobi BTC (HBTC) you’ll be given.
The following directions will be helpful to continue the process:
Currency to be used and amount of the investment must be defined in the next box.
Next, choose the Huobi BTC (HBTC) you’re going to buy
When you do so, the system will automatically display the number of Huobi BTC (HBTC) you are going to receive, considering the amount of USD you’ve just indicated.
Press "Continue".
If you decided to pay with your credit card, go to the "Visa/Mastercard" field and click on the "Add card" button.
Indicate your credit card numbers and click "Next".
Now write the physical address details of the credit card. Then select "Add card".
Press "Continue" after you notice your card has been successfully included in your account as a new payment method.
Next, all the important details of the transaction will be presented: the amount to be charged on your credit card and the corresponding currency, and of course, the cryptos you are going to receive.
Certainly, Binance will charge you a small amount as a commission for making the purchase, and that will appear in that overview as well.
Now you must acknowledge the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically shut down.
The platform will now send you to the bank issuing the credit card. Then you should complete a standard on-line payment with your credit card.
You can take a look at your Binance digital wallet (called the «Spot Wallet») once the banking procedure is complete and you’ll find your recently purchased Huobi BTC (HBTC) already credited
Buy Huobi BTC (HBTC) through Binance P2P
That is a transaction made «Person To Person», i.e.: trading Huobi BTC (HBTC)
with another Binance subscriber. To do this, the first step is to indicate the payment method you want to work with.
The next screen will display an overview of the operation about to be completed. It includes the amount your card will be charged, the selected currency and the amount of Huobi BTC (HBTC) purchased.
In fact, Binance will claim a certain percentage as a commission for supporting the transaction, and it will appear in that snapshot as well.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The Binance system will now redirect you to the credit card issuing bank. Proceed exactly as you do when making a payment using your credit card on the bank website.
As soon as the banking process is complete, you are already in possession of the purchased Huobi BTC (HBTC) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy Huobi BTC (HBTC) via Binance P2P
This means «Person To Person», i.e.: trading Huobi BTC (HBTC)
with another Binance trader. To achieve this, the first step is to indicate the payment method you would want to use.
- Click on "Security" in your account.
- Choose "Payment" from the menu on the left.
- Select "Add a Payment Method" and the platform will guide you through the rest of the procedure.
After you have added the new method of payment to your account, go to the "Buy Crypto" menu (top bar of the navigator), pick the "Trading P2P" option, and follow the directions below:
- Click the "Buy" button found on the upper bar of the "P2P Account" tab
- Here you can choose the Huobi BTC (HBTC) you’re interested in, among all those available for buying through P2P operations. We present «USDT» for this example.Purchasing any crypto in P2P trading allows the trader to exchange it on the Binance platform for any of the foreign currencies available.
- Select the local currency you want to pay with from the drop-down menu under the "Fiat" label, for example, «VES».
- Use the "Amount" box to enter the amount in VES you’d like to invest to buy Huobi BTC (HBTC).
- After you have selected the method of payment, the Binance system will show you a register of dealers’ offers.
- From the list displayed list, you may pick any of the sellers. However, it is recommendable to choose one with the «Verified» mark and better if a high percentage of completed sales is displayed.
- Next click on "Buy USDT"
- Write the amount in VES you would want to invest
- Again, press "Buy USDT"
- A buying order has been opened and the trader and you will be able to contact each other for further details, in case you need it. You have a limited time to complete, if you fail doing so the order will be canceled by the system (and that’s bad for your rating as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
How to transfer your Huobi BTC (HBTC) to the Spot Wallet
The trader, upon validating money reception, will automatically release the Huobi BTC (HBTC).
The default place where Huobi BTC (HBTC) are added to is your Binance wallet.
However, in case you want to get any other Huobi BTC (HBTC), you need to move them to your Spot Wallet.
That’s quite simple: just click on "Transfer to Spot Wallet" once the purchase order is completed.
If you forget to follow this step right after the purchase, there’s nothing to worry about: you’ll always be able to do it at any moment.
How you can transfer your Huobi BTC (HBTC) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
So, they will automatically be deposited into your wallet.
However, in case you want to get any other Huobi BTC (HBTC), you will have to transfer them to your Spot Wallet.
You can do this immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
This Huobi BTC (HBTC) internal transfer can be carried out anytime later.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down menu.
- Next press "Transfer" button at the top right.
- A pop-up window will open, where you should configure the options to:
- From: Funds
- To: Fiat and Spot
- For this article, we will use «USDT» as an example, but you’ll obviously indicate the currency you have
- Set the cryptos you are moving for the Exchange and press "Confirm".
Perfect! Now you have funds available to trade any of the several Huobi BTC (HBTC) in the Binance platform.
Purchase any crypto from the Binance platform just following the instructions described below:
- Pick the "Trading" menu in the top panel.
- Select "Convert" from the list.
- Type the sum of «USDT» you want to invest.
- Choose the crypto you wish to buy.
- Press "Preview conversion".
- Confirm the transaction and that’s it. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you consider will yield the greatest profit.
Find out how easy is to purchase any cryptocurrency from the Binance platform:
- Find the "Trading" option in the upper panel.
- Select "Convert" from the list.
- Fill in the box the amount of «USDT» you would like to invest.
- Now mark the crypto you’re about to purchase.
- Choose "Preview conversion".
- Confirm the operation and that’s it. You now will have the funds of the selected crypto in your Spot Wallet.
Depending on the above mentioned information, you are now ready to commence trading on the Binance platform.
The future of money trading relies on Huobi BTC (HBTC)., and Binance is a safe and practical platform to do business. Begin today!