Buying Ink (INK) on Binance
You can find several trading platforms on the ’net nowadays, but certainly Binance is among the most popular and reputed.
Therefore, the first thing you need to to do if you want to start trading on it is to understand how to buy Ink (INK).
Before getting into the alluring world of crypto within the Binance platform, you will have to get acquainted with the following.
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Learn how to register on Binance
The only way to start operating within Binance is opening an account in it.
Subscribing the Binance platform is very easy: check the following instructions.
Search for the "Register" button in the Binance main page and press on it to start the registration process.
You have the direct access here.
Look for the "Register with a phone or email" button in the main page and press it.
You can also do this using your Apple tablet.
In this post you’ll will see the registration process using an email address.
- From the drop-down list of countries, select the one you’re living in.
- Now the crucial part: password. Create a string of characters strange enough not to be easily guessed. Never use your birth date, middle name or things like that. Be well aware that it’s your property what will be secured by that word
- Indicate if you want Binance to send news and information direct to your e-mail. Accept the "Terms of Service" and click on "Create Account"
Check the inbox in the email address you utilized for enrollment and search the activation code exclusive of your Binance account. Write it in the corresponding line and press "Send"
You’re now a Binance user!.
It is a nice idea to visit the different areas 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 trading Ink (INK).
Complete the required ID verification to enable all those options.
It is very important to notice that unless you complete this protection measure, youwon’t be authorized to start trading Ink (INK).
No big deal, though. See the next paragraphs to complete that step.
How to verify your Binance account and get started on trading
To be a certified user you have to follow the steps described below:
Pick "Security" from the drop-down list under the user profile area
Or simply look for the "Verify" button on the upper part of the screen
In the list displayed on the left-hand area of the navigator window, pick the "Identification" option.
Country of residence is the first thing you must pick.
Here you’ll will find 3 levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
At this moment, you should choose "Verified", clicking on the "Start now" option below it.
In this step, the user is required to enter certain personal data:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
- Middle name and date of birth.
- Second name and date of birth.
Now you’ll have to to use a legal document to support your identity.
ID card, passport or even a driver’s license will be enough to complete this requirement.
Now, you will have to take a selfie, following the platform’s requirements.
The last step is on Binance’s side: a confirmation process that will just take a while.
Now wait patiently, Binance will send you an email when your profile has been approved.
The following instructions will guide you through the Ink (INK) purchasing process. As soon as you’ve received the confirmation email, you’re a Binance authorized Ink (INK) trader.
Purchasing Ink (INK) on Binance
So, account validated was all you needed to begin buying Ink (INK) right now.
Understanding how to buy a Ink (INK) is not that hard.
The next step is to verify your identity using a legal document.
You can do this with your passport, ID card, or license.
Follow the system requirements to take a selfie.
Now you’ll have to wait for a short period while an account verification process is performed.
All you have to do is wait patiently, Binance will send you an email as soon as your profile has been accepted.
After that, it’s time to purchase Ink (INK), just follow the guidelines below.
Learn to buy Ink (INK) on Binance
So, account verified means you can begin buying Ink (INK) right now.
Learning how to buy a Ink (INK) is not so difficult.
Be aware that you may have different alternatives for this process
To know which options can be found when buying, see the "Buy cryptos" menu on the Binance main page.
Needless to say you must login to your account to do this
Place your mouse on this key and a list of buying alternatives will deploy.
It is time to check your identity using a legal document.
passport, ID card or even a license will be enough to fulfill this condition.
Now the system will require you to take a selfie under certain conditions.
Once those requirements have been fulfilled, the Binance system will carry out a confirmation process on your account.
All you need to do is be patient, Binance is going to let you know via email as soon as your application has been approved.
Congratulations! Now you’re officially licensed to trade Ink (INK). The following guidelines will be helpful.
Purchasing Ink (INK) on Binance
All right, account approved means you can begin buying Ink (INK) immediately.
Take a time to discover how to invest your money in Ink (INK).
Some steps would probably have alternative paths
Browse through the "Buy cryptos" menu on the Binance main page to know which options can be found when buying.
You have to, of course, do that once you are logged into your account
Hovering your mouse pointer over this option will show a list of alternatives to make the purchase.
Did you know you can use your credit or debit card to purchase Ink?
Select the credit card-related option from the drop-down list labeled "Buy Cryptos".
The following guidelines will be helpful to continue the process:
Currency preferred and amount of the investment must be specified here.
The the Ink (INK) you wish to buy should be picked from the second field
According the amount of USD you’ve recently indicated, the system will immediately display the quantity of Ink (INK) you are going to get.
Next, just adhere to the following guidelines:
Currency preferred and how much to invest should be stated in the next box.
Next, choose the Ink (INK) you are going to buy
The number of Ink (INK) you will be given will depend upon the amount of USD you have recently stated. The Binance platform will automatically show it to you.
Now select "Continue".
To include your CC as a payment method, go to the "Visa/Mastercard" box and press the "Add card" option.
Card details must be completed in this step, then click "Next".
The following field is where you’ll enter the address the credit card is associated to. Enter it exactly as it is, then press "Add card".
Now that your card has been successfully included, press "Continue".
Next, all the relevant details of the transaction will be summarized: the sum you’ll pay and the corresponding currency, and of course, the cryptos you will receive.
Another important detail in this quick view is the percentage you’ll be charged as a commision for making the purchase.
In less than 1 minute click on "Confirm", after that time the order will expire automatically.
The system will now send you to the credit card issuing bank. Follow the steps in the same way you would generate a payment with your credit card.
Your recently purchased Ink (INK) will be available in your Binance e-wallet (referred to as the «Spot Wallet») when the banking process is complete
Know how to buy Ink (INK) with Binance P2P
Another option you may use to buy a cryptocurrency is to trade it
with another user. You should specify the payment method you want to make use of first.
The system will now display the summary of the buying order you are about to complete. The sum you will pay with the currency you’ve picked, and the Ink (INK) you will be given.
Indeed, Binance will take a certain percentage as a commission for supporting the transaction, and that will appear in that overview also.
Now you have to acknowledge the order pressing the "Confirm" button during the following minute, or it will be automatically canceled.
The platform will now send you to the credit card issuing bank. Follow the guidelines in the same way you would pay with your card.
As soon as the banking procedure is complete, you are already in possession of the recently purchased Ink (INK) in your Binance digital wallet (called the «Spot Wallet»)
Buy Ink (INK) with Binance P2P
A different way to get crypto is to exchange it
with another trader. Method of payment is the first setting you will state.
- Select "Security" in your profile.
- In the list on the left-hand side choose "Payment".
- After Selecting "Add a Payment Method" the system will guide you through the rest of the procedure.
After you finished including the new payment method to your account, go to the "Buy Crypto" menu (upper part of the display), select the "Trading P2P" button, and follow the guidelines below:
- Click the "Buy" button located on the upper bar of the "P2P Account" menu
- All the Ink (INK) available for purchase via P2P trading will be displayed in this list, so you will be able to pick the one you want. In this guide, we present «USDT».It is important to note that once you purchase one of these cryptocurrencies in P2P trading, you will be able to exchange it for any of the foreign currencies valid in the Binance platform.
- Select the local currency you want to pay with from the drop-down menu under the "Fiat" column, for example, «VES».
- Now you must type the amount in VES you’re going to spend in the "Amount" box.
- Select the payment method and wait for the platform to show you all the dealers’ ads.
- From the list displayed list, you can choose any of the sellers. It is advisable to select one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Select "Buy USDT"
- Write the amount in VES you wish to invest
- Press "Buy USDT" again
- A buying order has been opened and the seller and you will be able to contact each other for details, in case you need it. You have a limited time to make the payment, if you fail doing so the order will be canceled by the system (something bad for your reputation as a buyer). Once you paid, click on "Transferred, Next", then press "Confirm".
Tips on how to transfer your Ink (INK) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception validation has been done.
The place where Ink (INK) are added to is your Binance wallet.
But in order for you to purchase another Ink (INK), you need to transfer them to your Spot Wallet.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
If you forget to follow this step right after the purchase, there’s nothing to worry about: you’ll be able to do it later.
How you can transfer your Ink (INK) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception validation has been done.
This way, they will instantly be deposited into your wallet.
Take into account that your Ink (INK) must be in your Spot Wallet in order for you to purchase others, so you need to move them there before.
You can do this immediately immediately after the buying order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t do this, don’t be anxious, you can do it at any other time.
- Drop the "Wallet" list down and press on the "Wallet Funds" button.
- See the "Transfer" option at the top right and click on it.
- A new window will pop-up, where you must set 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
- Enter the cryptos you are about to transfer for the Exchange and click "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from purchasing any cryptocurrency you think will yield the highest profit.
See how easy is to purchase any crypto from Binance:
- Pick the "Trading" option in the top top panel.
- Choose "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to invest.
- Choose the cryptocurrency you wish to buy.
- Click on "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
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 Ink (INK) within the Binance platform.
To purchase Ink (INK) from Binance all you have to do is the following:
- Find the "Trading" menu in the upper section.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Now indicate the crypto you’re about to purchase.
- Press "Preview conversion".
- Validate the transaction and that’s it. Now you will have the funds of the chosen crypto in your Spot Wallet.
This article have surely pictured you a detailed overview of what Binance is and how you can trade Ink (INK) on it.
The future of money trading relies on Ink (INK)., and Binance is a safe and friendly place to do business. Start today!