How to buy ILCOIN (ILC) on the Binance platform
There is no doubt one of the world’s most innovative trading platforms today is Binance.
Therefore, the first thing you need to to do if you’ would like to get started trading on it is to understand how to buy ILCOIN (ILC).
The object of this article is to teach you on how to purchase ILCOIN (ILC) on the Binance ILCOIN (ILC) platform.
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Understand how to register on Binance
To be capable of buying ILCOIN (ILC) on Binance, the very first thing you need to know is definitely how to open your account.
Registering to the Binance platform is very easy: observe the following guidelines.
On the Binance homepage you have to locate the "Register" option and press it.
Here you have the direct access to Binance.
In the Binance main page you’ll find a button named "Register with a phone or email". Press it.
You can also do this using your Apple mobile.
In this article, we’ll will show you how to register with an email.
- First, choose the country from the drop down list according to the one you’re living in.
- Now the vital step: password. Select a string of characters rare enough not to be easily deducted. Never use your birth date, middle name or things like that. Be well aware that it’s your money what will have to be protected by that password
- Mark if you want Binance to send information and news direct to your email. Accept the "Terms of Service" and press "Create Account"
You surely have received an email sent to the address you’ve just used for subscribing on the Binance platform. It will have a one-time-only activation keycode you’ll need to will enter in that page. Then press "Send"
That’s all! You are now signed up with Binance.
You’ll see it’s easy to enter the Binance platform and review all the options it has to offer.
This way you canit will be possible to begin operating with ILCOIN (ILC) without difficulty.
The ID verification is a mandatory step you have to fulfill to have access to all these options.
Warning: No ILCOIN (ILC) operation will be permitted if you overlook this safety step.
In the next section, you’ll learn how to do that. Hassle-free.
How to verify your Binance account and start trading
To become a certified end user you must complete the next steps:
On the main screen, place the mouse pointer on the user profile option and a list will immediately show up where you will press "Security"
Another alternative is to move to the upper part of the screen and press the "Verify" button
In the list displayed on the left-hand side of the screen, pick the "Identification" option.
Now you must pick your country of residence.
The platform will display you 3 verification levels: the one you already have, the Verified, and the Verified Plus.
To begin, click on "Start now" just below the "Verified" level.
In this step, you must provide some personal information:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Exact address of your residence.
- Second name and birth date.
- Second name and date of birth.
Now you’ll have to to show a legal document to verify your identity.
You can do this by using your ID card, passport, or driver’s license.
Follow the system requirements to take a selfie.
Once you have fulfilled the system’s requirements, you will have to wait a moment while your account is confirmed.
Now be patient, Binance is going to let you know via email when your request has been accepted.
After that, it’s time to acquire ILCOIN (ILC), to do so follow the instructions below.
Purchasing ILCOIN (ILC) on Binance
Starting your ILCOIN (ILC) trading adventure has never been so simple, right?.
Understanding how to buy a ILCOIN (ILC) is actually quite easy.
At this point, the Binance platform will ask you to present a legal document for identity checking.
passport, ID card or even a driver’s license will be enough to complete this formality.
Follow the system guidelines to take a selfie.
The final step will be carried out by the Binance platform: a corroboration process that will just take a while.
So, wait patiently, Binance is going to send you an e-mail when your application has been accepted.
The following instructions will guide you through the ILCOIN (ILC) buying process. As soon as you’ve received the confirmation email, you have become a Binance licensed ILCOIN (ILC) trader.
How to buy ILCOIN (ILC) on Binance
Beginning your ILCOIN (ILC) trading adventure has never been so simple, right?.
First you need to know how to convert money into ILCOIN (ILC).
Some processes may have optional paths
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Obviously, you’ll only be able to do this if you’re logged in
Hover your mouse on this key and a list of buying alternatives will deploy.
Next, you’ll need to show a legal document to check your identity.
passport, ID card or even a license are all valid documents to complete this formality.
Follow the system requirements to take a selfie.
After completing all those requirements, the Binance platform will do a confirmation process on your account.
Once your application has been approved, you’ll be notified via e-mail, just be patient.
The following instructions will guide you through the ILCOIN (ILC) purchasing process. As soon as you’ve got the confirmation e-mail, you have become a Binance licensed ILCOIN (ILC) trader.
How to purchase ILCOIN (ILC) on Binance
Now that you are subscribed to the Binance platform and have your account verified, you are OK to start trading.
Learning how to convert money into ILCOIN (ILC) is actually quite easy.
You may find more than one option throughout the process
Browse through the "Buy cryptos" menu on the Binance main page to know which alternatives are available to you when making a purchase.
Obviously, you’ll only be able to do this once you are logged in
Unveil all the different purchase options just by placing your mouse over this button.
Using your credit or debit card to purchase cryptocurrencies
What you must do to purchase the ILCOIN (ILC) of your choice using a credit card, should be to choose this method from the "Buy Cryptos" drop-down menu.
Continue reading for further instructions:
Currency preferred and how much you’ll invest should be indicated in the next box.
The the ILCOIN (ILC) you wish to buy should be picked from the second field
Taking into account the amount of USD you have just specified, the system will automatically display the quantity of ILCOIN (ILC) you are going to receive.
Keep on reading for further directions:
Currency preferred and how much you will invest should be indicated in the next box.
The the ILCOIN (ILC) you would like to purchase should be indicated in the second field
When you do so, the system will immediately display the quantity of ILCOIN (ILC) you will be given, taking into account the amount of USD you have just defined.
Next click "Continue".
To use your Visa/MC credit card as a payment method, go to the "Visa/Mastercard" box and click on the "Add card" button.
Type your card data and press "Next".
In this step you must write the physical address details for the card. After this, select "Add card".
Click "Continue" once you check your card has been successfully added to your account as a new method of payment.
Next, you’ll be presented a summary of the transaction about to be completed. That includes the amount you are paying, the chosen currency and the quantity of ILCOIN (ILC) you will receive.
Another important detail in this overview is the sum you’ll be charged as a commision for making the purchase.
Now you have to certify the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically aborted.
The following step needs to be done on the credit card bank webpage. Follow the directions in the same way you would generate a payment with your credit card.
Your recently bought ILCOIN (ILC) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») after the banking procedure is complete
Know how to purchase ILCOIN (ILC) with Binance P2P
That means «Person To Person», i.e.: exchanging ILCOIN (ILC)
with another Binance subscriber. Method of payment is the first parameter you will indicate.
The system will now display the details of the buying order you are about to complete. The amount you will pay in the currency you’ve picked, and the ILCOIN (ILC) you will be given.
It will also show you the commission will be charged for the operation.
Now you have to certify the order pressing the "Confirm" button during the following minute, or it will be automatically shut down.
The system will now reroute you to the bank issuing the credit card. Proceed just as you usually do when making a standard on-line credit card payment.
You may check your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking procedure is complete and you’ll see your recently purchased ILCOIN (ILC) already credited
See how easy is how to purchase ILCOIN (ILC) with Binance P2P
You may get ILCOIN (ILC) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance trader as well. To do this, the first step is to state which payment method you wish to apply.
- Click on "Security" in your account.
- Look for the "Payment" option in the menu you’ll see from the menu on the left and choose it.
- Click on "Add a Payment Method" and the system 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 top bar of the navigator and hover on "Buy Crypto" to drop-down the list of options and click on "Trading P2P". Then see the following directions:
- Locate the "Buy" option on the top bar of the "P2P Account" tab and press it
- Here you can select the ILCOIN (ILC) you would like to buy, among all those available for buying via P2P trading. We present «USDT» in this example.Any ILCOIN (ILC) bought via P2P trading is allowed to be exchanged by any of the currencies available on Binance.
- Now you should choose the currency you want to use, for instance, «VES». Simply, place the list under the "Fiat" column.
- You need to indicate the amount in VES you’re going to spend in the "Amount" box.
- You will be able to see a list of traders’ offers a little while after you define the method of payment.
- Select a seller from the list shown. We suggest that you choose one that is verified and has a high completed sales rate.
- Now click on "Buy USDT"
- Type the amount in VES you would like to pay
- Again, press "Buy USDT"
- This will open a purchase order where you will be in touch with the trader. Pay within the time limit and click on "Transferred, Next" and then press "Confirm".
Learn how to transfer your ILCOIN (ILC) to the Spot Wallet
After you have made a payment to the trader, they may release the ILCOIN (ILC), by confirming receipt of the payment.
This way, they will immediately be added to your wallet balance.
Nonetheless, you will need to move them to your Spot Wallet in order for you to get another cryptocurrency.
To accomplish this, you only need to press "Transfer to Spot Wallet" right after the purchase order is completed.
Should you forget to follow this step right after buying the cryptos, no problem at all: you’ll be able to do it later.
The right way to transfer your ILCOIN (ILC) to the Spot Wallet
After you have completed a payment to the seller, they may release the ILCOIN (ILC), by confirming receipt of the payment.
You may check your wallet account balance to confirm reception.
Nonetheless, you need to move them to your Spot Wallet in order for you to buy another crypto.
That’s quite simple: just click on "Transfer to Spot Wallet" right after the purchase order is completed.
Should you forget to follow this step right after the purchase, there’s nothing to worry about: you’ll always be able to do it later.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- See the "Transfer" button on the upper right area of the navigator window and press it.
- Set the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- For The purpose of this post, we will use «USDT» as an example, but you’ll obviously select the currency you have
- Type the cryptos you are moving to the spot walet and click "Confirm".
All right! Now you have money available to buy any of the numerous ILCOIN (ILC) in the Binance platform.
Buy any crypto from Binance just following the steps described below:
- Select the "Trading" menu in the top panel.
- Click on "Convert" from the list.
- Input the amount of «USDT» you wish to invest.
- Now mark the cryptocurrency you’re interested in.
- Click on "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the chosen crypto in your Spot Wallet.
That’s all! Now you will have funds in the Spot Wallet and you will be able to buy any of the several of ILCOIN (ILC) that the Binance platform has.
Find out how easy is to purchase any cryptocurrency from Binance:
- In the upper section, find the "Trading" option.
- Click on "Convert" from the list.
- Type the sum of «USDT» you wish to spend.
- Now indicate the cryptocurrency you’re interested in.
- Click on "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
This text surely pictured you a wide panorama of what Binance is and how you can trade ILCOIN (ILC) on it.
Don’t wait any longer and begin earning some extra money.