Learn how to purchase Magik Finance (MAGIK) on the Binance platform
Binance could be considered one of the world’s top trading platforms.
Therefore, the first thing you must to do if you’d like to begin trading on it is to learn how to get Magik Finance (MAGIK).
Before stepping into the wonderful world of crypto on the Binance platform, you should know the following.
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Discover how to register on Binance
Opening a Binance account is the initial step you must complete.
Hassle-free subscription: just follow the detailed instructions listed below.
Search for the "Register" button in the Binance main page and click on it to begin the registration process.
Here you have the direct link to Binance.
Locate the "Register with a phone or email" button in the main page and press it.
You can also do this using your Apple phone.
In this article you’ll will see the subscription technique using an email address.
- From the drop-down list of countries, select the one you reside.
- The next step is defining a secure password. This is of vital importance since it’s all about your money, so you must to define a really robust one
- Now you must accept "Terms of Service" and, if you wish to get information, updates and news from Binance in your email address, check in the corresponding box
You surely have received an e-mail in the address you’ve just used for registering on the Binance platform. It will have an activation keycode you’ll need to will enter in the corresponding box. Then press "Send"
Finally, your Binance account is active.
Now you may enter the Binance platform and review all the options it offers.
That’s the best way to know how friendly the Binance platform is, and how quick you can begin trading Magik Finance (MAGIK).
The identity checking is a mandatory step you must complete to get access to all these options.
Warning: No Magik Finance (MAGIK) operation will be allowed if you omit this security step.
No big deal, though. Continue reading through the following instructions to fulfill that step.
How to verify your Binance account and get started on trading
See the next guidelines and become an authorized customer:
On the main screen, hover the mouse on the user profile option and a list will immediately appear where you will have to click on "Security"
Another alternative is to go to the upper part of the screen and click on the "Verify" button
Go to "Identification" on the left options list.
Choose your Country of Residence.
Next you’ll will find 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Press the "Start now" button below the "Verified" label, for this is the beginning level.
A new window will be displayed, and there you’ll have to give your personal data: Nationality, first name and last name, middle name and birth date. Also, make sure you give the exact address of your residence
It is time to check your identity using a legal document.
Use your passport, ID card or even your driver’s license to complete this step.
In the next stage, you will have to take a selfie, following the application’s guidelines.
After completing all those requirements, the Binance system will carry out a confirmation process on your account.
Once your application has been accepted, the system is going to send you an email, just be patient.
After that, it’s time to get Magik Finance (MAGIK), to do so see the guidelines below.
How to purchase Magik Finance (MAGIK) on Binance
Beginning your Magik Finance (MAGIK) trading career has never been so simple, right?.
First you need to learn how to buy a Magik Finance (MAGIK).
At this point, the Binance platform will require you to provide a legal document for identity checking.
Use your ID card, passport or even your license to complete this step.
Now, you will have to take a selfie, according to the platform’s guidelines.
Now you’ll have to wait for a short time while an account confirmation process takes place.
Now you have to wait until your request has been accepted. Be patient, the platform will send you an email.
The following instructions will guide you through the Magik Finance (MAGIK) trading process. As soon as you’ve received the confirmation email, you’re a Binance authorized Magik Finance (MAGIK) trader.
How to purchase Magik Finance (MAGIK) on Binance
Starting your Magik Finance (MAGIK) trading experience has never been so simple, right?.
In this segment you’ll learn how easy is to convert cash into Magik Finance (MAGIK).
Be aware that you could have different options for this process
To find out which alternatives are available to you when making a purchase, look for the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this if you’re logged in
Placing your mouse pointer over this option will show a list of alternatives to make the purchase.
At this point, the Binance platform will ask you to present a legal document for identity checking.
Use your passport, ID card or even your license to complete this step.
In the next step, you will be asked to take a selfie, according to the application’s requirements.
Now you’ll have to wait for a short period while an account verification process takes place.
Now wait patiently, Binance is going to let you know via email once your application has been accepted.
The following instructions will guide you through the Magik Finance (MAGIK) buying process. As soon as you’ve got the confirmation email, you are a Binance licensed Magik Finance (MAGIK) trader.
Purchasing Magik Finance (MAGIK) on Binance
OK, account approved means you can begin buying Magik Finance (MAGIK) right now.
Take a time to figure out how to buy a Magik Finance (MAGIK).
Be aware that you could have different options for this process
See the "Buy cryptos" menu on the Binance main page to know which options you have when making a purchase.
You will need to, of course, make this happen once you are signed into your account
Placing your mouse pointer over this button will show a list of alternatives for making your purchase.
Did you know you could use your debit or credit card for buying cryptocurrencies?
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Read on for detailed guidelines:
Currency to be used and how much to invest should be stated in the next box.
In the second field you should choose the Magik Finance (MAGIK) you’d like to buy
According the amount of USD you have just indicated, the system will automatically show you the quantity of Magik Finance (MAGIK) you will receive.
Read on for further directions:
Currency preferred and how much to invest should be stated here.
In the next field you must pick the Magik Finance (MAGIK) you’d like to buy
Considering the amount of USD you’ve just invested, the system will immediately show you the number of Magik Finance (MAGIK) you will be given.
Click "Continue".
If you are going to pay with your credit card, select in the "Visa/Mastercard" field the option "Add card".
Type your card data and click "Next".
Your credit card’s associated address must be specified next. Be very careful, since you must type it exactly as it is, otherwise the card could not be approved. Then choose "Add card".
Click "Continue" once you notice your card has been successfully included in your account as a new method of payment.
The platform will now show you the synthesis of the buying order you are generating. The sum your card will be charged with the currency you’ve selected, and the Magik Finance (MAGIK) you will be credited.
Another important detail in this summary is the amount you’ll be charged as a commision for making the transaction.
Now you must acknowledge the order pressing the "Confirm" button within the following minute, or it will be automatically aborted.
The Binance platform will now send you to the credit card issuing bank. Proceed just as you usually do when making a payment using your card on the bank website.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») after the banking process is complete to find your recently bought Magik Finance (MAGIK) already there
Buy Magik Finance (MAGIK) through Binance P2P
A different way to get crypto is to exchange it
with another person. Method of payment is the first parameter you should add.
Next, all the relevant details of the transaction will be summarized: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you are going to get.
Certainly, Binance will claim a certain percentage as a commission for making the purchase, and that will be shown in that summary also.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The next step has to be done on the credit card bank platform. There you would make a normal on-line payment with your credit card.
When the banking process is complete, you will get your purchased Magik Finance (MAGIK) in your Binance digital wallet (called the «Spot Wallet»)
Buy Magik Finance (MAGIK) via Binance P2P
That means «Person To Person», i.e.: exchanging Magik Finance (MAGIK)
with another Binance user. Method of payment is the first setting you should indicate.
- Login to the "Security" section of your account.
- Choose "Payment" on the left-hand side of the screen.
- Press the "Add a Payment Method" button and follow the platform instructions.
When the new method of payment has been included in your account, look for the "Buy Crypto" menu on the upper bar of the navigator, press on the "Trading P2P" option and follow the instructions described below:
- Click the "Buy" option located on the top bar of the "P2P Account" tab
- Here you can select the Magik Finance (MAGIK) you’re interested in, among all those available for purchase via P2P trading. We use «USDT» in this example.Note that any Magik Finance (MAGIK) bought in P2P trading is allowed to be exchanged by any of the foreign currencies available on Binance.
- Choose the currency you want to use from the drop-down list under the "Fiat" label, for example, «VES».
- You must enter the sum in VES you’d like to invest in the "Amount" box.
- Choose the payment method and wait for the system to display the register of the dealers’ ads.
- Any of the sellers displayed in the list can be chosen, but it is recommendable to choose a verified one (with the blue diamond badge), and even better, a high-volume seller (gold star marking).
- Press "Buy USDT"
- Write the amount in VES you wish to pay
- Press "Buy USDT" once again
- A buying order has been created and the trader 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 terminated by the platform (something not good for your reputation as a buyer). Once you have paid, click on "Transferred, Next", then press "Confirm".
How you can transfer your Magik Finance (MAGIK) to the Spot Wallet
The seller, upon receiving your payment, will instantly release the Magik Finance (MAGIK).
You may see your wallet Binance balance to confirm reception.
Although, in case you want to buy any other Magik Finance (MAGIK), you will need to send them to your Spot Wallet.
To do this, all you have to do is click on "Transfer to Spot Wallet" once the purchase order is completed.
Should you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it at any moment.
Ways to transfer your Magik Finance (MAGIK) to the Spot Wallet
The seller, upon receiving your payment, will instantly release the Magik Finance (MAGIK).
You may see your wallet Binance balance to confirm reception.
However, in case you want to buy any other Magik Finance (MAGIK), you must transfer them to your Spot Wallet.
You can move them immediately immediately after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This Magik Finance (MAGIK) internal movement can be done anytime later.
- Drop the "Wallet" list down and press on the "Wallet Funds" button.
- The "Transfer" option is located on the upper right area of the screen. Click on it.
- A pop-up window will open, where you should change the options to:
- 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 amount you are about to send to the spot walet and click "Confirm".
Perfect! Now you have funds available to purchase any of the huge selection of Magik Finance (MAGIK) in the Binance platform.
To buy Magik Finance (MAGIK) from Binance all you have to do is described below:
- In the upper section, select the "Trading" menu.
- From the list select the "Convert" alternative.
- Type the amount of «USDT» you want to invest.
- Now mark the cryptocurrency you’re about to buy.
- Click on "Preview conversion".
- Confirm the operation and that’s all. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have money available to trade any of the numerous Magik Finance (MAGIK) in the Binance platform.
To purchase Magik Finance (MAGIK) from the Binance platform what you just have to do is described below:
- Find the "Trading" option in the top upper section.
- In the list choose the "Convert" alternative.
- Input the amount of «USDT» you wish to invest.
- Select the crypto you intend to buy.
- Choose "Preview conversion".
- Confirm the transaction and that’s it. You will have the funds of the selected crypto in your Spot Wallet.
You’ve already learned how easy is to start trading Magik Finance (MAGIK) on Binance.
The future of money trading relies on Magik Finance (MAGIK)., and Binance is a secure and friendly environment to do business. Start today!