Learn how to buy MELD (MELD) on the Binance platform
You can find many trading platforms on the Internet nowadays, but certainly Binance is one of the most popular and reputed.
Understanding how to buy MELD (MELD) is vital in case you want to begin operating on that platform.
Before entering the wonderful realm of cryptocurrency within the Binance platform, you must know the following.
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Figure out how to register on Binance
Opening a Binance account is the initial step you have to complete.
Subscribing onto the platform is very easy: check the following instructions.
On the Binance main page you have to locate the "Register" option and click on it.
Press here to go straight to the Binance platform.
Right now click on the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple devices as well.
Here we’ll will show you the subscription process using an email address.
- First, choose the country from the drop-down list according to the one you reside.
- Now, enter your e-mail address and a safety password. Be well aware that you are going to invest your money, you ought to give relevance to the password you select
- Whether you want to be informed periodically via e-mail about Binance news, mark in the corresponding option. Next, you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Now it just needs to be verified via e-mail
The Binance platform will automatically send an activation code (NB: this is NOT your password) that you’ll type it in the corresponding box, then click on "Send"
Finally, your Binance subscription is active.
You’ll see it’s easy to access the Binance platform and get to know all the options it offers.
You’ll discover how simple is to begin trading MELD (MELD).
The identity checking is a required step you must fulfill to get access to all those options.
Notice: No MELD (MELD) operation will be permitted if you overlook this safety step.
In the next paragraphs, you’ll see how to do it. Hassle-free.
How to complete the verification of your account and begin trading
To be a certified Binance trader you must follow the steps described below:
From the user profile menu, click on "Security"
You can also click on the "Verify" button on the upper part of the navigator window
In the list shown on the left-hand area of the navigator window, click on the "Identification" option.
Here you’ll have to select your country of residence.
The platform will show you 3 levels of verification: the one you already have, the Verified, and the Verified Plus.
Here you should choose "Verified", pressing the "Start now" button below it.
At this point, the subscriber is asked to give some personal information:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Exact address of your residence.
- Middle name and date of birth.
- Second name and birth date.
Now you’ll need to use a legal document to check your identity.
You can do this with your passport, ID card, or driver’s license.
Now the platform will require you to take a selfie following certain guidelines.
Now you will have to wait for a short time while an account verification process is performed.
Once your request has been accepted, you will be notified via e-mail, just be patient.
Congratulations! Now you’re officially authorized to operate with MELD (MELD). The following guidelines will be helpful.
Purchasing MELD (MELD) on Binance
Beginning your MELD (MELD) trading experience has never been so easy, right?.
Understanding how to buy a MELD (MELD) is actually quite easy.
At this point, the Binance platform will require you to present a legal document for identity verification.
ID card, passport or even a license will be enough to fulfill this requirement.
Now, you will be asked to take a selfie, following the application’s guidance.
When you have fulfilled the platform’s requisites, you’ll have to wait a moment while your account is verified.
Now you must wait until your request has been accepted. Be patient, Binance will let you know via e-mail.
The following instructions will guide you through the MELD (MELD) trading process. As soon as you’ve got the confirmation email, you’ve become a Binance licensed MELD (MELD) trader.
Learn to purchase MELD (MELD) on Binance
Now that you are subscribed to the Binance platform and got your account validated, you’re OK to begin trading.
In this segment you’ll learn how easy is to buy a MELD (MELD).
You will probably have more than one option throughout the process
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
You will need to, of course, try this once you are signed into your account
See 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 corroboration.
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, according to the application’s guidelines.
The last step will be made by the Binance platform: a verification process that will take only a short time.
Once your application has been accepted, Binance is going to send you an e-mail, just be patient.
Congrats! Now you’re officially licensed to trade MELD (MELD). The following instructions will be helpful.
Buying MELD (MELD) on Binance
OK, account validated was all you needed to begin purchasing MELD (MELD) immediately.
Understanding how to invest your money in MELD (MELD) is actually quite easy.
Some steps would probably have optional paths
Browse through the "Buy cryptos" menu on the Binance main page to find out which alternatives can be found when buying.
Obviously, you’ll only be able to do this if you’re logged in
Unveil all the different buying options just by placing your mouse over this button.
Did you know you can use your credit or debit card to purchase MELD?
Choose the credit card-related option from the "Buy Cryptos" drop-down list.
After that, just stick to these directions:
Currency to be used and amount of the investment must be stated in the next box.
In the next field you should choose the MELD (MELD) you intend to get
The quantity of MELD (MELD) you’ll receive will depend upon the amount of USD you’ve recently specified. The Binance system will immediately display it.
These guidelines will be helpful to continue the process:
Currency preferred and amount of the investment must be specified in the next box.
Next, pick the MELD (MELD) you’re going to buy
Once you do so, the platform will automatically show you the quantity of MELD (MELD) you’ll receive, taking into account the amount of USD you have just indicated.
Click "Continue".
If you are going to pay with a credit card, go to the "Visa/Mastercard" field and click on the "Add card" button.
Indicate your credit card numbers and press "Next".
Now state the physical address details for the card. Following this, select "Add card".
Click "Continue" once you notice 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 presented: the sum you are paying and the corresponding currency, and obviously, the cryptos you are going to get.
It will also let you know the commission you need to pay for the transaction.
You have 60 seconds to press "Confirm", otherwise the order will be automatically terminated.
The following step needs to be carried out on the credit card bank system. Follow the steps in the same way you would normally generate a payment with your credit card.
Once the banking procedure is complete, you are already in possession of the purchased MELD (MELD) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy MELD (MELD) via Binance P2P
A different way to buy a cryptocurrency is to trade it
with another user. In that case, you should define which payment method you wish to use first.
Next, all the relevant details of the operation will be displayed: the amount you’ll pay and the corresponding currency, and obviously, the cryptos you are going to receive.
It will also state the commission you will have to pay for the operation.
Now you must certify the order clicking on 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 exactly as you do when making a normal online credit card payment.
You may check your Binance e-wallet (called the «Spot Wallet») once the banking process is complete and you’ll see your recently bought MELD (MELD) already credited
Purchase MELD (MELD) with Binance P2P
An alternative way to get crypto is to exchange it
with another subscriber. Payment method is the first parameter you will indicate.
- Login to the "Security" section of your account.
- Locate the "Payment" option in the menu you’ll see from the menu on the left and click on it.
- After Selecting "Add a Payment Method" the platform 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 bar of the navigator), pick the "Trading P2P" button, and follow the directions below:
- Click the "Buy" button found on the upper bar of the "P2P Account" menu
- This bar contains all the MELD (MELD) available for purchase through P2P trading. Choose the one you want, for this exercise we will use «USDT» as an example.Any MELD (MELD) purchased via P2P trading is allowed to be exchanged by any of the foreign currencies available on Binance.
- It is time to choose the local currency you want to use, for instance, «VES». Simply, place the list under the "Fiat" label.
- In the "Amount" box, indicate the amount in VES you wish to buy with.
- Once you’ve defined the method of payment, the system will display a register of traders’ ads.
- From the list displayed list, you may pick any of the sellers. Although it is advisable to choose a verified one and better if a good percentage of completed sales is displayed.
- Now select "Buy USDT"
- In this step, the amount you would want to invest in VES must be entered
- Select "Buy USDT" once again
- That will open an order where you will have connection with the seller. Make the payment within the time limit and click on "Transferred, Next" and then press "Confirm".
Tips on how to transfer your MELD (MELD) to the Spot Wallet
After you have made a payment to the trader, they will be able to release the MELD (MELD), just by confirming invoice of the payment.
The place where MELD (MELD) are transferred to is your Binance wallet.
Nonetheless, you will need to send them to your Spot Wallet in case you would want to purchase another cryptocurrency.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t follow this step, don’t be anxious, you can move the cryptos at any other moment.
The right way to transfer your MELD (MELD) to the Spot Wallet
Once you have made a payment to the trader, they may release the MELD (MELD), by confirming receipt of the payment.
You may see your wallet account balance to confirm reception.
Take into account that your MELD (MELD) must be in your Spot Wallet in order for you to purchase others, so you need to send them there before.
You can move them immediately right after the buying order has been completed just by clicking "Transfer to Spot Wallet".
This MELD (MELD) internal transfer can be done anytime later.
- Press "Wallet Funds" from the "Wallet" drop-down menu.
- The "Transfer" button is located at the top right. Click on it.
- A new window will pop-up, where you should configure the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency in which you have funds, in the example in this article we use «USDT»
- Type the cryptos you are sending to the spot walet and click "Confirm".
That’s all! Now you will have money in the Spot Wallet and you will be able to buy any of the huge selection of MELD (MELD) that the Binance platform has.
To purchase MELD (MELD) from the Binance platform what you just have to do is described below:
- Pick the "Trading" option in the upper section.
- Choose "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to invest.
- Now indicate the cryptocurrency you’re about to get.
- Press "Preview conversion".
- Validate the operation and that’s it. Now you will have the funds of the chosen crypto in your Spot Wallet.
Perfect! Now you have money available to trade any of the huge selection of MELD (MELD) in the Binance platform.
Purchase any crypto from Binance just following the steps described below:
- Select the "Trading" menu in the upper section.
- From that listing select the "Convert" option.
- Fill in the box the sum of «USDT» you want to invest.
- Now mark the crypto you’re interested in.
- Press "Preview conversion".
- Confirm the transaction and that’s all. You will have the amount of the chosen crypto in your Spot Wallet.
Based upon the information above, you are now ready to start trading on the Binance platform.
So, no time to waste, make a worthwhile business within the Binance platform.