How to purchase Magi (XMG) on Binance
There is no doubt one of the world’s top-notch trading platforms nowadays is Binance.
Learning how to buy Magi (XMG) is essential if you need to begin trading on that platform.
Keep on reading this article and you will see all what you need to know about purchasing crypto on Binance.
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Discover ways to register on Binance
Opening a Binance account is the very first step you must accomplish.
Subscribing onto the Binance platform is quite simple: check the following guidelines.
Search for the "Register" button in the Binance homepage and press on it to begin the registration process.

Go directly to Binance by pressing here.
Locate the "Register with a phone or email" button in the main page and press it.

Apple devices can be used as well.
For the purpose of this article, the e-mail address subscription technique will be explained.
- In the window that is displayed, select your country of residence from the drop-down list.
- The next step is creating a secure password. This is vital since it’s all about your money, so you must to invent a strong one

- If you want to be updated periodically via email about Binance news, check in the corresponding option. Then 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 email
By now, you should have received an e-mail in the address you’ve just used for creating your Binance account. In its text you’ll see an activation keycode you will enter in that page. Then press "Send"
That’s it! You are now and authorized subscriber of Binance.
It is a good idea to browse the different areas of the Binance platform and get acquainted to them.
That’s the best way to realize how friendly the Binance platform is, and how fast you can begin trading Magi (XMG).
Fulfill the mandatory ID checking to enable all these options.
Warning: No Magi (XMG) trading will be allowed if you omit this safety measure.
No big deal, though. See the following section to fulfill that step.
Verify your Binance account to get started trading
The following are the guidelines to verify your Binance account and get the authorization to begin operating:
From the user profile menu, choose "Security"
You may also press "Verify" button at the top of the navigator window

Click "Identification" on the left list of options.
Select the Country of Residence.
Next, the 3 verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on your navigator window.

To begin, click on "Start now" just under the "Verified" level.
Then a pop-up window will appear and there you will have to tytpe the following information:
- Nationality.
- First Name and Last name.
- Second name and date of birth.
- Exact address of your residence.
Here, the Binance platform will require you to provide a legal document for identity corroboration.
You can do this with your ID card, passport, or license.
Follow the system guidelines to take a selfie.
After completing all those steps, the Binance system will carry out a confirmation process on your account.
Now you must wait until your application has been accepted. Be patient, the platform is going to let you know via e-mail.
After that, it’s time to buy Magi (XMG), to do so see the guidelines below.
Learn to purchase Magi (XMG) on Binance
So, account validated means you can begin purchasing Magi (XMG) right now.
Learning how to invest your money in Magi (XMG) is not so difficult.
Now you’ll have to to provide a legal document to verify your identity.
passport, ID card or even a driver’s license will be enough to fulfill this condition.
In the next step, you will be asked to take a selfie, according to the platform’s instructions.
Now you’ll have to wait for a short period while an account verification process takes place.
Now you must wait until your profile has been approved. Be patient, Binance will send you an email.
Upon receiving that email it’s time to purchase Magi (XMG), to do so see the guidelines below.
Purchasing Magi (XMG) on Binance
Since you have registered on the platform and have your account approved, you’re able to begin trading.
The first step is to know how to convert money into Magi (XMG).
Be aware that you may find more than one option for this process
To find out which alternatives are available to you when buying, see the "Buy cryptos" menu on the Binance homepage.

Needless to say you must log into your account to do this
Find all the different buying options just by placing your mouse over this button.
At this point, the Binance platform will ask you to provide a legal document for identity verification.
Use your ID card, passport or even your driver’s license to complete this step.
Now the system will require you to take a selfie under certain conditions.
When you have fulfilled the platform’s requisites, you’ll have to wait a moment for the confirmation to be performed on your account.
So, be patient, Binance is going to send you an e-mail when your profile has been accepted.
Congrats! Now you’re officially enabled to trade Magi (XMG). See the guidelines that follow.
Learn to buy Magi (XMG) on Binance
So, account validated was all you needed to begin buying Magi (XMG) right now.
Understanding how to invest your money in Magi (XMG) is not so difficult.
Be aware that you may find more than one option for this 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 if you’re logged in
See all the different purchase options just by placing your mouse over this button.
Using your debit or credit card for buying Magi (XMG)
Pick the credit card-related option from the drop-down menu labeled "Buy Cryptos".
Next, just follow these instructions:
Now you should pick the currency you wish to use and indicate how much you are going to invest.

In the second field you should pick the Magi (XMG) you intend to buy
The number of Magi (XMG) you are going to receive will depend upon the amount of USD you’ve recently defined. The Binance platform will automatically show it to you.
Keep on reading for further directions:
In the next box, choose the currency you wish to buy with and enter how much you are going to invest.

In the second field you should select the Magi (XMG) you intend to purchase
The number of Magi (XMG) you are going to receive will depend upon the amount of USD you have recently indicated. The Binance system will immediately display it.
Click "Continue".
To add your CC as a payment method, pick in the "Visa/Mastercard" box the button "Add card".

Credit card data must be indicated in this step, then click "Next".
Your credit card’s associated address must be indicated next. Try not to miss a single character, since you must write it exactly as it is, otherwise your card could not be admitted. Then choose "Add card".
When you see your card has been successfully included, press "Continue".
Next, all the relevant details of the transaction will be presented: the amount you will pay and the corresponding currency, and of course, the cryptos you are going to receive.
Another detail of relevance in this quick view is the percentage you’ll be charged as a commision for making the operation.
Within the next 60 seconds press "Confirm", after that time the order will be automatically terminated.

The next step has to be carried out on the credit card banking system. Then you should complete a standard on-line payment using your credit card.
You may check your Binance digital wallet (called the «Spot Wallet») as soon as the banking procedure is complete to find your recently bought Magi (XMG) already there
Learn how to purchase Magi (XMG) with Binance P2P
You could buy Magi (XMG) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader as well. Method of payment is the first parameter you must indicate.
Next, you’ll be presented an overview of the transaction about to be completed. That includes the sum your card will be charged, the selected currency and the amount of Magi (XMG) bought.
It will also state the commission you need to pay for the transaction.
In less than 1 minute click on "Confirm", after that time the order will be automatically aborted.

The next step needs to be done on the credit card bank system. Proceed just as you usually do when making a standard on-line credit card payment.
After the banking procedure is complete, you’ll get your recently purchased Magi (XMG) in your Binance e-wallet (called the «Spot Wallet»)
Purchase Magi (XMG) with Binance P2P
You could get Magi (XMG) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance trader too. To do this, the first step is to specify the payment method you would want to work with.

- Go to "Security" in your profile.
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and select it.
- After Selecting "Add a Payment Method" the Binance platform will guide you through the rest of the process.
After you have configured the new payment method to your profile, go to the "Buy Crypto" menu (top bar of the navigator), find the "Trading P2P" option, and follow the directions below:
- Click on the "Buy" button located on the top bar of the "P2P Account" menu
- All the Magi (XMG) available for buying through P2P trading will be displayed in this menu, so you will be able to choose the one you’re interested in. In this guide, we use «USDT».Note that any Magi (XMG) bought through P2P trading could be exchanged by any of the foreign currencies available on Binance.
- Look for the "Fiat" column on the top tabs and deploy the drop-down menu to find all valid currencies. Let’s use «VES» in this example.
- Use the "Amount" box to indicate the amount in VES you’d like to invest to purchase Magi (XMG).
- Define the payment method and wait for the platform to show you all the dealers that are offering Magi (XMG).
- Select a seller from the displayed list. We recommend that you choose a verified one with a high percentage of sales completed.
- Next click on "Buy USDT"
- Write the amount in VES you would like to invest
- Click on "Buy USDT" once again
- A buying order has been opened and the seller and you will be able to contact each other for further details, if needed. You have a time limit to pay, if you fail doing so the order will be aborted by the system (and that’s not good for your reputation as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
How you can transfer your Magi (XMG) to the Spot Wallet
After you have completed a payment to the trader, they will release the Magi (XMG), just by confirming payment reception.
The default place where Magi (XMG) are deposited is your account wallet.
NB: you will have to move them to your Spot Wallet in order for you to purchase any other crypto.
To do this, all you have to do is click on "Transfer to Spot Wallet" once the purchase order is completed.
In the event you didn’t follow this step, don’t be concerned, you can move the cryptos at any other moment.
Learn how to transfer your Magi (XMG) to the Spot Wallet
When you have made a payment to the seller, they will release the Magi (XMG), just by confirming receipt of the payment.
This way, they will quickly be added to your account balance.
Take into account that your Magi (XMG) must be in your Spot Wallet in case you want to buy others, so you must transfer them there before.
That’s easy: just click on "Transfer to Spot Wallet" right after the purchase order is completed.
This Magi (XMG) internal movement can be carried out anytime later.

- Click on "Wallet Funds" from the "Wallet" drop-down list.
- The "Transfer" button is located on the upper right area of the navigator window. Press it.
- Change the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- For this article, we will use «USDT» as an example, but you’ll obviously select the currency you have
- Type the amount you are moving to the spot walet and press "Confirm".
All right! Now you have money available to trade any of the numerous Magi (XMG) in the Binance platform.

Purchase any crypto from the Binance platform just following the steps described below:
- Select the "Trading" option in the top upper panel.
- Press "Convert" from the list.
- Fill in the box the sum of «USDT» you want to spend.
- Now select the crypto you’re interested in.
- Select "Preview conversion".
- Validate the operation and that’s it. You now will have the funds of the selected crypto in your Spot Wallet.
That’s all! This way you will have funds in the Spot Wallet so you will be able to trade any of the several of Magi (XMG) that the Binance platform has.

Find out how easy is to purchase any crypto from Binance:
- Find the "Trading" option in the upper panel.
- Choose "Convert" from the list.
- Indicate the sum of «USDT» you would like to spend.
- Select the crypto you would like to buy.
- Select "Preview conversion".
- Confirm the transaction and that’s it. You will have the funds of the chosen crypto in your Spot Wallet.
Based upon the information above, you are now ready to start trading on the Binance platform.
The future of money trading relies on Magi (XMG)., and Binance is a safe and comfortable place to do business. Begin right now!