You can find many trading platforms on the Internet nowadays, but certainly Binance is one of the most popular and reputed.
Understanding how to buy iBTC (IBTC) is crucial if you’ would like to start out operating on that platform.
This article will try to teach you about how to buy iBTC (IBTC) on the Binance iBTC (IBTC) exchange.
To be able to buy iBTC (IBTC) on Binance, what you must know indeed is how to open your account.
Hassle-free subscription: just follow the instructions below.
Go to the Binance main page and press on the "Register" key.
Here you have the direct access to Binance.
In the Binance main page you’ll find a button with the label "Register with a phone or email". Click on it.
This can also be done with any iOS mobile.
For the purpose of this article, the e-mail address registration technique will be described.
By now, you should have received an e-mail in the address you’ve just used for registering on the Binance platform. In its text you’ll find a one-time-only activation code you’ll have to will enter in the corresponding box. Then press "Send"
You’re now a Binance subscriber!.
It is a good idea to navigate through the different areas of the Binance platform and get acquainted to them.
This way you canit will be possible to start operating with iBTC (IBTC) conveniently.
To get access to those options, you must complete the ID verification.
It is very important to note that unless you fulfill this safety measure, you will not obtain permission to start trading iBTC (IBTC).
In the following paragraphs, you’ll be guided on how to do it. Zero problems.
To be a certified end user you must follow the steps below:
On the main page, hover the mouse on the user profile button and a list will immediately appear where you will need to press "Security"
You may also click the "Verify" button at the top of the screen
Press "Identification" on the left options list.
Country of residence must be picked here.
The platform displays you three verification levels: the one you already have, the Verified, and the Verified Plus.
Here you should choose "Verified", clicking on the "Start now" button below that label.
Then it shows a pop-up window in which you must tytpe the following info:
At this point, the Binance platform will require you to present a legal document for identity checking.
You can do this by using your ID card, passport, or license.
Now the platform will ask you to take a selfie under certain conditions.
The last step is on Binance’s side: a corroboration process that will take only a short time.
Now you have to wait until your profile has been approved. Be patient, Binance is going to send you an email.
The following instructions will guide you through the iBTC (IBTC) purchasing process. As soon as you’ve received the confirmation email, you’re a Binance licensed iBTC (IBTC) trader.
In this section you’ll realize how simple is to invest your money in iBTC (IBTC).
Next, you’ll have to to provide a legal document to sustain your identity.
ID card, passport or even a license will be enough to complete this requirement.
Follow the system instructions to take a selfie.
Once you have completed the platform’s guidelines, you will have to wait a moment while your account is confirmed.
Now you must wait until your request has been approved. Be patient, Binance will let you know via email.
The following instructions will guide you through the iBTC (IBTC) buying process. As soon as you’ve received the confirmation e-mail, you’re a Binance licensed iBTC (IBTC) trader.
First you need to understand how to make a purchase of iBTC (IBTC).
Some steps may have optional paths
Look for the "Buy cryptos" menu on the Binance main page to know which options are available to you when making a purchase.
You will need to, of course, do that once you are logged into your account
Move your mouse on this key and a list of buying alternatives will deploy.
At this point, the Binance platform will ask you to present a legal document for identity verification.
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 following certain instructions.
Now you will have to wait for a short time while an account verification process takes place.
Now you must wait until your application has been accepted. Be patient, the system will send you an e-mail.
The following instructions will guide you through the iBTC (IBTC) trading process. As soon as you’ve got the confirmation e-mail, you’re a Binance licensed iBTC (IBTC) trader.
First you need to understand how to make a purchase of iBTC (IBTC).
You may have different alternatives throughout the process
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
Obviously, you’ll only be able to do this after you’ve logged in
Hovering your mouse pointer over this button will show a list of alternatives to make your purchase.
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Continue reading for further directions:
In the next box, choose the currency you’d like to buy with and indicate the amount you want to invest.
In the next field you must choose the iBTC (IBTC) you intend to purchase
After you do so, the system will automatically display the quantity of iBTC (IBTC) you’ll receive, considering the amount of USD you have previously invested.
Next, just observe these instructions:
Currency preferred and amount of the investment should be indicated here.
Next, choose the iBTC (IBTC) you’re going to buy
Taking into account the amount of USD you’ve previously invested, the system will automatically display the quantity of iBTC (IBTC) you’ll be given.
Now select "Continue".
Now it’s time to specify your method of payment. To pay with your credit card, pick in the "Visa/Mastercard" box the button "Add card".
Card numbers must be typed in this step, then press "Next".
In this step you must write the address associated to the card. Enter it exactly as it is, then select "Add card".
Press "Continue" once you notice your card has been successfully included in your account as a new method of payment.
Next, you’ll see a snapshot of the operation in its final stage. That includes the sum you will pay, the selected currency and the quantity of iBTC (IBTC) you will receive.
Obviously, Binance will take a small amount as a commission for supporting the operation, and that will be shown in that summary also.
In less than 1 minute click on "Confirm", and then the order will expire automatically.
After this, you will be redirected to the bank platform the credit card belongs to. Follow the steps in the same way you would normally make a payment with your credit card.
Once the banking procedure is complete, you are already in possession of the recently purchased iBTC (IBTC) in your Binance e-wallet (called the «Spot Wallet»)
Next, all the relevant details of the operation will be displayed: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you are going to receive.
Another important detail in this quick view is the percentage Binance will charge you as a commision for making the operation.
Now you must accept the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically canceled.
The Binance system will now redirect you to the credit card issuing bank. Proceed just as you do when making a normal online credit card payment.
When the banking procedure has been finished, you will have your recently bought iBTC (IBTC) in your Binance e-wallet (called the «Spot Wallet»)
Now that the new method of payment has been included in your profile, go to the upper part of the display and hover on "Buy Crypto" to drop-down the menu and press "Trading P2P". Then see the following directions:
Cryptos will be released by the seller as soon as payment reception acknowledge has been done.
You may check your wallet Binance balance to confirm reception.
Take into account that your iBTC (IBTC) must be in your Spot Wallet in case you want to purchase others, so you must move them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" once the buying order has been completed.
In case you didn’t follow this step, don’t fear, you can do it at any other moment.
The seller, upon receiving your money, will instantly release the iBTC (IBTC).
You may see your wallet Binance balance to confirm reception.
However, in case you would want to buy any other iBTC (IBTC), you must send them to your Spot Wallet.
You can do this immediately right after the purchase order is completed just by clicking "Transfer to Spot Wallet".
If you didn’t follow this step, don’t get worried, you can do it at any other moment.
That’s all! Now you will have funds in the Spot Wallet so you will be able to purchase any of the numerous iBTC (IBTC) that the Binance platform has.
To buy iBTC (IBTC) from the Binance platform what you just have to do is the following:
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 iBTC (IBTC) within the Binance platform.
Find out how simple is to buy any crypto from Binance:
Based upon this information, you are now ready to commence trading on the Binance platform.
So, no time to waste, make a profitable business within this cryptocurrency platform.
In case you are planning to make money by buying cryptocurrencies, you would have to figure out how to utilize the Kucoin platform. This exchange is getting great benefits to all its users, and it is showing a lot more progress in all its operations.
If you want to learn conveniently how to purchase a iBTC (IBTC) in Kucoin, you should read this article.
Once you’ve created your account into the Kucoin platform and complied the security requirements, you have to deposit your currency. Using this method is pretty easy, and you have several alternatives to accomplish that.
One of them is to navigate to the «Balance» or «Assets» section at the top right from the screen and choose the «Deposit» button. From then on, choose the iBTC (IBTC) you wish to deposit into your account to purchase new cryptos, for instance, USDT.
After this, you should find the network you will use for the operation. We usually recommend Tron (TRC20) because it takes the lowest commissions.
Below you’ll see the address you must insert in the "Exchange" where you have the USDT you’d like to convert to Kucoin. Once you have already done this, you’ll obtain the funds within your main account immediately.
If that does not work in the country you’re currently living, you should try transferring the money to your account through P2P trading. This kind of deal implies that you actually make a standard bank transfer to any of the listed traders to get any of the authorized cryptos.
Now that you received the money in your account, it’s time to learn how to work with the Kucoin website.
Before buying a iBTC (IBTC) on Kucoin you have to send the money you have just purchased to the trading accounts. To achieve this you must open the "Balance" menu, click on the main account, enter the cryptocurrencies and then choose «Transfer». This last option can be found on the same line than the currency you’ll use to complete the purchase.
If this seems not to be not working in the country you’re currently living, you should attempt transferring the money to your account through P2P trading. This type of deal signifies that you actually make a conventional bank transfer to any of the listed traders to obtain any of the approved cryptos.
When you obtained the money in your account, it’s time to learn how to use the Kucoin website.
Before buying a iBTC (IBTC) on Kucoin you must transfer the money you’ve just purchased to the trading account. To accomplish this you have to navigate to the «Balance» menu, click on the main account, enter your cryptocurrencies and after that choose "Transfer". This last option can be located on the same line than the currency you’ll use for the purchase.
After this, you are sent to a window to choose where you are going to send the funds. You need to transfer from the «Main Account» to the "Trading Account", and indicate the currency and the amount you decided to send to trade. Then simply click "Confirm".
Once you have the funds within your account, you are able to purchase your crypto and start trading.
Next we will explain how to buy iBTC (IBTC) in different techniques. To start, you must open the «Trade» menu and choose «Spot trading» (Spot Market). Then just enter the term iBTC (IBTC) in the search line in the top corner of the page.
The system will show you the crypto pairs you are allowed to trade with.
In other words, you will only be capable to buy iBTC (IBTC) only with the crypto pairs it shows you.
With this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT because we’ve got funds in this two. When we do that, it quickly loads the crypto chart and the order book with all the buy and sell businesses.
In order to be able to complete the transaction, it is necessary to type the corresponding password.
At the bottom-right, the platform displays the user the financial markets to trade crypto, enabling instantly «Spot». There are 3 options to buy iBTC (IBTC). Those are the following:
You can also configure the order activation and process it at the ideal market price. You are going to do this by going to «Stop Market», and writing in «Stop Price» the value you prefer the iBTC (IBTC) to get to activate the order and the amount of USDT to spend. By clicking on Buy iBTC (IBTC), your buying order will be processed at the market rate when it is the identical to the stop price you have put.
With any of these alternatives, you’ve already got the iBTC (IBTC) tokens you’ve just purchased available in your trading account. From this moment you are able to trade with this or you can get any other cryptos. Remember that with iBTC (IBTC) you will only be authorized to get the cryptos available in their pairs. Often you will need to trade your iBTC (IBTC) for a crypto that is commonly available in the iBTC (IBTC) pairs, such as BTC, USDT, and BNB, then you can purchase the particular one that you really want.
You can now start trading a iBTC (IBTC) at the Kucoin site.
| Exchange | Market Pairs | Buy |
|---|---|---|
| Mercatox | DOPE/BTC | - |
