Buying IBStoken (IBS) on the Binance platform
You can find a lot of trading platforms today on the Internet, but clearly Binance is among the most popular and reputed.
Understanding how to trade with IBStoken (IBS) is essential if you need to start out trading on that platform.
Stay on this article and you will find everything you need to know about purchasing crypto on Binance.
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Discover how to register on Binance
There is only way to start operating on Binance: opening an account in it.
Registering on the Binance platform is simple: observe the following instructions.
Search for the "Register" option in the Binance main page and click on it to begin the registration process.
Press here to go straight to the Binance platform.
In the Binance main page you’ll find a button named "Register with a phone or email". Press it.
The Binance platform is totally compatible with iOS devices as well.
Here we’ll will show you the registration technique using an email address.
- From the drop-down list of countries, choose the one you reside.
- Next, write your e-mail address and a security password. Keep in mind that you are going to trade your money, you must give relevance to the password you select
- Whether you would want to be updated periodically via email about Binance news, check in the corresponding option. Next, you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Now it only needs to be verified via e-mail
You surely have received an email in the address you’ve just used for creating your Binance account. It will have an activation password you’ll need to will enter in the corresponding box. Then press "Send"
Finally, your Binance enrollment has been activated.
Take a time to become familiar with the different areas of the Binance platform by browsing them.
This way you mayit will be possible to start trading IBStoken (IBS) very easily.
Complete the required identity verification to enable all those options.
It is very important to notice that until you fulfill this security measure, youwon’t obtain permission to start trading IBStoken (IBS).
No big deal, though. See the next instructions to complete that step.
Learn to complete the verification of your Binance account and start trading
To become an authorized subscriber you have to complete the steps below:
From the user profile menu, choose "Security"
You may also click the "Verify" button at the top of the navigator window
Locate the option "Identification" on the left part of the screen.
Country of residence must be picked here.
Here you’ll will immediately see three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Begin by selecting "Start now" just under the "Verified" level.
Then a pop-up window will appear and there you must provide the following information:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Exact address of your residence.
Now you’ll need to provide a legal document to support your identity.
Use your passport, ID card or even your driver’s license to complete this step.
In the next step, you will have to take a selfie, according to the application’s instructions.
The final step is on Binance’s side: a corroboration process that will just take a while.
When your application has been accepted, the platform will send you an e-mail, just be patient.
The following instructions will guide you through the IBStoken (IBS) purchasing process. As soon as you’ve got the confirmation email, you’re a Binance authorized IBStoken (IBS) trader.
Buying IBStoken (IBS) on Binance
Since you are registered on the Binance platform and have your account approved, you can start trading.
Understanding how to invest your money in IBStoken (IBS) is not so difficult.
Now you’ll need to show a legal document to verify your identity.
Use your ID card, passport or even your license to complete this step.
Follow the system guidance to take a selfie.
Now you’ll have to wait for a short time while an account verification process takes place.
Now be patient, Binance is going to send you an e-mail as soon as your application has been approved.
The following instructions will guide you through the IBStoken (IBS) purchasing process. As soon as you’ve got the confirmation email, you’re a Binance authorized IBStoken (IBS) trader.
Purchasing IBStoken (IBS) on Binance
Beginning your IBStoken (IBS) trading adventure has never been so easy, right?.
Take a time to figure out how to convert money into IBStoken (IBS).
Be aware that you may have different options for this process
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Certainly, you’ll only be able to do this if you’re logged in
Hover your mouse over this key and a list of buying alternatives will deploy.
Now you’ll need to use a legal document to sustain your identity.
You can do this by using your passport, ID card, or driver’s license.
Now the platform will ask you to take a selfie following certain guidelines.
Now you’ll have to wait for a short period while an account confirmation process is performed.
Now you must wait until your profile has been accepted. Be patient, the system will send you an e-mail.
Congratulations! Now you’re officially enabled to trade IBStoken (IBS). See the guidelines that follow.
Buying IBStoken (IBS) on Binance
So, account confirmed means you can begin purchasing IBStoken (IBS) immediately.
In this section you’ll realize how easy is to convert cash into IBStoken (IBS).
Some steps might have optional paths
To find out which alternatives are available to you when buying, see the "Buy cryptos" menu on the Binance main page.
You have to, of course, make this happen once you are logged into your account
Place your mouse over this option and a list of buying alternatives will be shown.
Buying IBStoken (IBS) using a credit/debit card
Select the credit card-related option from the "Buy Cryptos" drop-down list.
These instructions will be helpful to continue the process:
In the next box, pick the currency you’d like to use and type how much you are going to invest.
In the next field you should select the IBStoken (IBS) you wish to purchase
When you do so, the system will immediately display the quantity of IBStoken (IBS) you are going to be given, taking into account the amount of USD you’ve previously specified.
These guidelines will be helpful to continue the process:
Currency preferred and amount of the investment should be stated here.
Next, pick the IBStoken (IBS) you are going to purchase
Once you do so, the platform will immediately show you the number of IBStoken (IBS) you’ll receive, taking into account the amount of USD you’ve recently invested.
Press "Continue".
In case you’re going to pay with a credit card, select in the "Visa/Mastercard" field the option "Add card".
Type your credit card numbers and click "Next".
Now specify the physical address details for the CC. Following this, select "Add card".
With this, your card will be added to the payment methods in your user profile. Click "Continue".
The system will now display the details of the purchase order you are creating. The amount you will pay with the currency you’ve selected, and the IBStoken (IBS) you will be given.
It will also show you the commission you will have to pay for the transaction.
You have 60 seconds to press "Confirm", otherwise the order will be automatically shut down.
The Binance platform will now redirect you to the credit card issuing bank. Follow the instructions in the same way you would make a payment with your credit card.
As soon as the banking process has been done, you are already in possession of the recently purchased IBStoken (IBS) in your Binance digital wallet (referred to as the «Spot Wallet»)
Learn how to purchase IBStoken (IBS) with Binance P2P
That means «Person To Person», i.e.: exchanging IBStoken (IBS)
with another Binance trader. In that case, you should add which payment method you wish to use first.
Next, all the relevant details of the operation will be summarized: the amount you are paying and the corresponding currency, and of course, the cryptos you will receive.
In fact, Binance will claim a small amount as a commission for making the purchase, and it will appear in that overview also.
Within the next 60 seconds press "Confirm", and then the order will be automatically terminated.
The Binance system will now reroute you to the bank issuing the credit card. Follow the directions in the same way you would generate a payment with your card.
After the banking process has been done, you are already in possession of the purchased IBStoken (IBS) in your Binance digital wallet (referred to as the «Spot Wallet»)
Know how to purchase IBStoken (IBS) through Binance P2P
That is a transaction made «Person To Person», i.e.: exchanging IBStoken (IBS)
with another Binance subscriber. In that case, you should add the payment method you wish to make use of first.
- Select "Security" in your account.
- Choose "Payment" on the left-hand side of the screen.
- Select "Add a Payment Method" and the Binance platform will guide you through the rest of the process.
Now that the new method of payment has been included in your profile, go to the upper bar of the navigator and pass over "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following directions:
- Look for the "Buy" button on the upper bar of the "P2P Account" tab and click it
- In this bar you’ll find the list of IBStoken (IBS) available for buying through P2P operations. Select the one you would like to buy, here we will present «USDT» as an example.It is important to note that when you buy one of these cryptocurrencies via P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Locate the "Fiat" column on the upper menu and reveal the drop-down menu to find all valid currencies. We’ll use «VES» in this example.
- Use the "Amount" box to indicate the sum in VES you’re going to use to purchase IBStoken (IBS).
- Indicate the method of payment and wait for the system to display all of the traders that are offering IBStoken (IBS).
- From the list displayed list, you can choose any of the sellers. It is recommendable to select a verified one and better if a good percentage of completed sales is displayed.
- Press "Buy USDT"
- In this step, the amount you wish to invest in VES must be entered
- Select "Buy USDT" again
- That will open a buying order where you will have connection with the trader. Pay within the established time and click on "Transferred, Next", then press "Confirm".
Ways to transfer your IBStoken (IBS) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception acknowledge has been done.
You may verify your wallet Binance balance to confirm reception.
However, in case you want to purchase another IBStoken (IBS), you will have to send them to your Spot Wallet.
To achieve this, you only need to click on "Transfer to Spot Wallet" once the purchase order is completed.
This IBStoken (IBS) internal movement can be carried out whenever you need.
Learn how to transfer your IBStoken (IBS) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception acknowledge has been done.
The default place where IBStoken (IBS) are deposited is your account wallet.
However, in case you want to get another IBStoken (IBS), you will need to move them to your Spot Wallet.
To do this, all you have to do is click on "Transfer to Spot Wallet" once the buying order is completed.
In the event you didn’t follow this step, don’t be concerned, you can move the cryptos later.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down menu.
- The "Transfer" button is located at the top right. Press 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 according to your funds in the platform, in this example we’ll use «USDT»
- Enter the amount you are about to send to the spot walet and click "Confirm".
Perfect! Now you have money available to buy any of the numerous IBStoken (IBS) in the Binance platform.
Buy any crypto from Binance just following the instructions described next:
- In the upper section, select the "Trading" menu.
- In the listing select the "Convert" alternative.
- Enter the amount of «USDT» you want to invest.
- Choose the cryptocurrency you wish to purchase.
- Select "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, don’t fear to purchase any crypto you believe might yield the greatest profit.
Purchase any crypto from Binance just following the instructions detailed below:
- Locate the "Trading" option in the top top panel.
- Press "Convert" from the list.
- Fill in the box the amount of «USDT» you wish to spend.
- Select the cryptocurrency you would like to purchase.
- Press "Preview conversion".
- Confirm the operation and that’s it. Now you will have the funds of the selected crypto in your Spot Wallet.
You’ve already seen how easy is to start out trading IBStoken (IBS) on Binance.
So, no time to waste, make a worthwhile business in this crypto platform.