Buying Independent Money System (IMS) on Binance
Binance could be considered one of the world’s top trading platforms.
Therefore, the first thing you need to to do if you need to start out operating on it is to discover how to purchase Independent Money System (IMS).
Keep on reading this article and you’ll see all what you need to know about buying crypto on Binance.
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Figure out how to register on Binance
Opening a Binance account is the initial step you must do.
Subscribing onto the platform is very simple: see the following instructions.
Go to the Binance main page and click on the "Register" button.

You have the direct access here.
Locate the "Register with a phone or email" button in the homepage and click on it.

iOS tablets or smartphones can be used as well.
For the purpose of this article, the email address subscription process will be shown.
- In the window you’ll immediately see, choose your country of residence from the drop-down list.
- Now the extremely important step: password. Create an alphanumeric word strange enough not to be simply guessed. Don’t use your name, birth date or things like that. Be well aware that it’s your cash what will be protected by that password

- Choose if you wish to receive news and information directly from Binance to your email address. Accept the "Terms of Service" and press "Create Account"
See the inbox of the e-mail address you utilized for sign up and search the activation code exclusive of your account. Enter it in the corresponding line and press "Send"
You’re now a Binance subscriber!.
It would be a good idea to browse the different options of the Binance platform and get acquainted to them.
That’s the best way to realize how practical the Binance platform is, and how quick you can begin operating with Independent Money System (IMS).
To get access to those options, the first thing you have to do is complete the identity verification.
Please, note that it is only after you have fulfilled this safety step that you’ll get permission to start trading Independent Money System (IMS).
But no need to worry, continue reading the next section to know how to do it.
How to complete the verification of your Binance account and get started on trading
See the next guidelines and become a certified subscriber:
On the main screen, place the mouse pointer on the user profile option and a list will immediately drop down where you will have to click on "Security"
Another alternative is to move to the top of the screen and click on the "Verify" button

Pick "Identification" on the left menu.
Country of residence must be chosen here.
Next, the three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be shown on screen.

Begin by pressing "Start now" located by the "Verified" level.
A pop-up window will appear, and there you’re going to provide your personal data: Nationality, first name and surname, middle name and birth date. Besides, make sure you type the exact address of your residence
Next, you’ll have to to provide a legal document to sustain your identity.
You can do this by using your passport, ID card, or license.
Follow the system requirements to take a selfie.
Once you have fulfilled the system’s requisites, you will have to wait a while for the verification to be applied to your account.
Now you must wait until your profile has been approved. Be patient, Binance will let you know via email.
Congratulations! Now you’re officially authorized to trade Independent Money System (IMS). The following guidelines will be helpful.
How to purchase Independent Money System (IMS) on Binance
Since you have subscribed to the platform and got your account confirmed, you’re OK to begin trading.
Learning how to make a purchase of Independent Money System (IMS) is not that hard.
At this point, the Binance platform will require you to present a legal document for identity checking.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system instructions to take a selfie.
Now you’ll have to wait for a short period while an account verification process is performed.
So, be patient, Binance is going to send you an e-mail when your profile has been approved.
After that, it’s time to buy Independent Money System (IMS), to do so see the guidelines below.
Buying Independent Money System (IMS) on Binance
So, account approved was all you needed to begin purchasing Independent Money System (IMS) right now.
The first step is to understand how to invest your money in Independent Money System (IMS).
Take into account that you could have more than one option for this process
Look for the "Buy cryptos" menu on the Binance main page to know which alternatives are available to you when buying.

You must, of course, make this happen after you’ve logged into your account
Find all the different purchase options just by hovering your mouse over this button.
The next step is to verify your identity with a legal document.
ID card, passport or even a license will be enough to complete this requirement.
Follow the system guidelines to take a selfie.
Now you will have to wait for a short time while an account verification process takes place.
Now you have to wait until your request has been approved. Be patient, Binance is going to let you know via e-mail.
The following instructions will guide you through the Independent Money System (IMS) purchasing process. As soon as you’ve got the confirmation email, you’re a Binance licensed Independent Money System (IMS) trader.
Purchasing Independent Money System (IMS) on Binance
Since you have subscribed to the Binance platform and got your account confirmed, you’re OK to begin trading.
In this section you’ll learn how easy is to invest your money in Independent Money System (IMS).
Some steps would probably have alternative paths
Browse through the "Buy cryptos" menu on the Binance homepage to find out which options are available to you when buying.

You will need to, of course, do that once you are signed into your account
Hovering your mouse pointer over this key will display a list of alternatives for making the purchase.
Buying Independent Money System (IMS) using a credit/debit card
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
These guidelines will help you in the process:
In the next box, choose the currency you wish to use and indicate how much you are going to invest.

In the next field you should choose the Independent Money System (IMS) you would like to purchase
According the amount of USD you have previously stated, the system will automatically show you the number of Independent Money System (IMS) you’ll get.
Read on for detailed guidelines:
In the next box, select the currency you want to buy with and specify the amount you want to invest.

Next, select the Independent Money System (IMS) you’re going to purchase
When you do so, the platform will immediately display the quantity of Independent Money System (IMS) you are going to receive, taking into account the amount of USD you’ve just defined.
Press "Continue".
Now it’s time to define your method of payment. To pay with a credit card, pick in the "Visa/Mastercard" field the button "Add card".

Type your credit card numbers and press "Next".
The following field is intended to indicate the address the credit card is associated to. Type it exactly as it is, then select "Add card".
Click "Continue" after you check your card has been successfully added to your account as a new method of payment.
Next, all the important details of the transaction will be displayed: the sum you will pay and the corresponding currency, and obviously, 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 summary also.
Now you must validate the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically canceled.

After this, you’ll be redirected to the site of the bank issuing the credit card. Then you would complete a normal online payment with your credit card.
As soon as the banking process has been finished, you are already in possession of the recently bought Independent Money System (IMS) in your Binance digital wallet (called the «Spot Wallet»)
Learn how to buy Independent Money System (IMS) with Binance P2P
This means «Person To Person», i.e.: exchanging Independent Money System (IMS)
with another Binance subscriber. Payment method is the first parameter you must state.
Next, all the relevant details of the transaction will be presented: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you are going to receive.
Another important detail in this overview is the sum Binance will charge you as a commision for making the purchase.
Within the next 60 seconds click on "Confirm", and then the order will be automatically canceled.

After this, you’ll be redirected to the site of the credit card issuing bank. There you should make a standard on-line payment with your credit card.
As soon as the banking procedure is complete, you are already in possession of the purchased Independent Money System (IMS) in your Binance digital wallet (referred to as the «Spot Wallet»)
Learn how to purchase Independent Money System (IMS) via Binance P2P
An alternative way to purchase crypto is to exchange it
with another person. In that case, you should indicate which payment method you wish to use first.

- Go to the "Security" panel of your account.
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and select it.
- Choose "Add a Payment Method" and the Binance system will guide you through the rest of the process.
Now that the new payment method has been included in your account, go to the upper bar of the navigator and hover on "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 top bar of the "P2P Account" menu and click it
- The complete set of Independent Money System (IMS) available for buying via P2P trading will be displayed in this menu, so you will be able to pick the one you would like to buy. In this guide, we will present «USDT».Any Independent Money System (IMS) bought via P2P trading is allowed to be exchanged by any of the foreign currencies available on Binance.
- Select the currency you want to use from the drop-down list under the "Fiat" label, for instance, «VES».
- Use the "Amount" box to type the amount in VES you’d like to spend to buy Independent Money System (IMS).
- Choose the payment method and wait for the platform to display all of the dealers’ ads.
- Locate a trader from the list shown. We advise that you choose a verified one with a high percentage of sales completed.
- Next press "Buy USDT"
- Write the amount in VES you would want to invest
- Again, select "Buy USDT"
- A buying order has been generated and the trader and you will be able to contact each other for further details, if needed. You have a time limit to complete, if you fail doing so the order will be terminated by the system (something bad for your rating as a buyer). Once you have paid, press "Transferred, Next", then press "Confirm".
Learn how to transfer your Independent Money System (IMS) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception validation has been done.
This way, they will instantly be added to your wallet balance.
Take into account that your Independent Money System (IMS) must be in your Spot Wallet in order for you to get others, so you must move them there before.
You can do this immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
This Independent Money System (IMS) internal movement can be done anytime later.
How to transfer your Independent Money System (IMS) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as payment reception validation has been done.
The place where Independent Money System (IMS) are transferred to is your Binance wallet.
Take into account that your Independent Money System (IMS) must be in your Spot Wallet in order for you to buy others, so you need to send them there before.
To do this, all you have to do is click on "Transfer to Spot Wallet" right after the buying order is completed.
Should you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it at any moment.

- Drop the "Wallet" menu down and select the "Wallet Funds" option.
- The "Transfer" option is located on the upper right area of the screen. Press it.
- In the pop-up window, change the «From» and «To» options to the following settings:
- From: Funds
- To: Fiat and Spot
- Choose the currency corresponding to your funds in the platform, in this example we’ll use «USDT»
- Enter the cryptos you are about to transfer for the Exchange and click "Confirm".
That’s it! Now you will have funds in the Spot Wallet and you will be able to purchase any of the huge selection of Independent Money System (IMS) that the Binance platform has.

To purchase Independent Money System (IMS) from the Binance platform what you just have to do is described below:
- Find the "Trading" option in the upper section.
- Click on "Convert" from the list.
- Indicate the sum of «USDT» you wish to invest.
- Choose the cryptocurrency you intend to purchase.
- Press "Preview conversion".
- Validate the transaction and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
That’s it! Now you will have money in the Spot Wallet and you will be able to trade any of the several of Independent Money System (IMS) within the Binance platform.

Purchase any crypto from the Binance platform just following the steps described next:
- Find the "Trading" option in the top upper panel.
- Choose "Convert" from the list.
- Type the sum of «USDT» you would like to spend.
- Select the crypto you wish to buy.
- Select "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the selected crypto in your Spot Wallet.
Based on this information, you are now ready to start trading on Binance.
So, no need to think twice, make a worthwhile business in the Binance platform.