Purchasing MetaCash (META) on Binance
No doubt one of the world’s most innovative trading platforms today is Binance.
Learning how to buy MetaCash (META) is vital if you’d like to start out trading on that platform.
Continue reading this article and you’ll see all what you need to know about purchasing crypto on Binance.
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Figure out how to register on Binance
Opening a Binance account is the initial step you must complete.
Registering the platform is quite simple: observe the following guidelines.
Navigate to the Binance homepage and click on the "Register" key.
Go directly to Binance by clicking here.
In the Binance homepage you’ll see a button with the label "Register with a phone or email". Press it.
iOS phones or tablets can be used as well.
In this post, we’ll will explain how to suscribe using an e-mail address.
- In the window that is displayed, select your country of residence from the drop-down list.
- The next step is defining a safety password. This is of vital importance since it’s all about your money’s safety, so you need to invent a robust one
- Indicate if you would want to receive information and news directly from Binance in your inbox. Accept the "Terms of Service" and click on "Create Account"
By now, you should have received an e-mail in the address you’ve just used for registering on the Binance platform. It will have a one-time-only activation keycode you will enter in the corresponding box. Then click on "Send"
You’re now a Binance user!.
Take a time to get acquainted to the different options of the Binance platform by navigating through them.
You’ll discover how simple is to begin operating with MetaCash (META).
To get access to these options, you have to complete the identity checking.
Important: No MetaCash (META) trading will be allowed if you omit this safety step.
However, you don’t need to worry, continue reading the next section to learn how to do it.
Verify your Binance account to get started on trading
These are the steps to verify your Binance account and get authorized to begin trading:
Click on "Security" from the drop-down list under the user profile section
You may also click the "Verify" button on the upper part of the navigator window
Look for the option "Identification" on the left part of the screen.
Pick your Country of Residence.
Next, the three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.
Begin by choosing "Start now" located near the "Verified" level.
In this step, some personal data wil be required:
- Nationality.
- First Name and Last name.
- Middle name and birth date.
- Exact address of your residence.
- Second name and date of birth.
- Middle name and date of birth.
At this point, the Binance platform will require you to provide a legal document for identity verification.
Use your passport, ID card or even your license to complete this step.
Now, you will have to take a selfie, following the platform’s guidance.
Now you’ll have to wait for a short period while an account verification process takes place.
All you need to do is be patient, Binance is going to let you know via e-mail when your request has been accepted.
The following instructions will guide you through the MetaCash (META) trading process. As soon as you’ve received the confirmation email, you have become a Binance authorized MetaCash (META) trader.
Purchasing MetaCash (META) on Binance
Beginning your MetaCash (META) trading experience has never been so simple, right?.
Learning how to make a purchase of MetaCash (META) is not so difficult.
The next step is to corroborate your identity using a legal document.
passport, ID card or even a license are all valid documents to complete this condition.
Now, you will have to take a selfie, following the application’s guidelines.
Now you will have to wait for a short time while an account confirmation process is performed.
Now you must wait until your application has been approved. Be patient, the platform will let you know via email.
Congrats! Now you’re officially authorized to trade MetaCash (META). The following instructions will be helpful.
Purchasing MetaCash (META) on Binance
OK, account confirmed means you can begin buying MetaCash (META) right now.
Understanding how to make a purchase of MetaCash (META) is not that hard.
You will probably find more than one option throughout the process
To find out which alternatives are available to you when making a purchase, see the "Buy cryptos" menu on the Binance homepage.
You need to, of course, make this happen after you’ve logged into your account
Place your mouse over this key and a list of buying alternatives will be shown.
Now you’ll need to present a legal document to corroborate your identity.
Use your passport, ID card or even your driver’s license to complete this step.
In the next stage, you will be asked to take a selfie, according to the platform’s instructions.
Once you have completed the system’s requirements, you will have to wait a short while for the confirmation to be applied to your account.
Now you must wait until your application has been accepted. Be patient, the platform will let you know via email.
Congratulations! Now you’re officially licensed to buy MetaCash (META). See the guidelines that follow.
Learn to purchase MetaCash (META) on Binance
So, account confirmed means you can begin purchasing MetaCash (META) right now.
In this section you’ll learn how easy is to invest your money in MetaCash (META).
Some steps may have optional paths
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Obviously, you’ll only be able to do this after you’ve logged in
Find all the different buying options just by placing your mouse over this button.
Buying MetaCash (META) with a credit/debit card
Select the credit card-related option from the "Buy Cryptos" drop-down list.
The following directions will be helpful to continue the process:
Now you must choose the currency you want to buy with and specify how much you are going to invest.
Next, choose the MetaCash (META) you’re going to get
The quantity of MetaCash (META) you are going to get will depend upon the amount of USD you have previously defined. The Binance system will automatically display it.
These guidelines will be helpful to continue the process:
In the next box, choose the currency you want to use and enter how much you want to invest.
The the MetaCash (META) you would like to buy must be picked from the second field
The number of MetaCash (META) you’ll get will depend upon the amount of USD you’ve recently invested. The Binance platform will automatically display it.
Now select "Continue".
Now you must specify your method of payment. To pay with a credit card, select in the "Visa/Mastercard" field the option "Add card".
Indicate your CC details and press "Next".
In this step you must specify the address the credit card is associated to. Enter it exactly as it is, then select "Add card".
Click "Continue" once you check your card has been successfully included in your account as a new payment method.
Next, all the relevant details of the operation will be displayed: the amount to be charged on your credit card and the corresponding currency, and of course, the cryptos you are going to receive.
Another detail of relevance in this overview is the sum you’ll be charged as a commision for making the transaction.
At this point you have 1 minute to press "Confirm", otherwise the order will be automatically terminated.
Next, you’ll be sent to the site of the bank issuing the credit card. Follow the guidelines in the same way you would normally make a payment with your card.
You can take a look at your Binance digital wallet (called the «Spot Wallet») once the banking procedure has been done and you’ll find your recently purchased MetaCash (META) already credited
Purchase MetaCash (META) with Binance P2P
Another option you may use to purchase a cryptocurrency is to exchange it
with another subscriber. To accomplish this, the first step is to add which payment method you want to make use of.
Next, all the important details of the transaction will be presented: the sum you’ll pay and the corresponding currency, and of course, the cryptos you will get.
It will also state the commission will be charged for the transaction.
Now you must certify the order clicking on the "Confirm" button during the next 60 seconds, or it will be automatically shut down.
The Binance platform will now send you to the bank issuing the credit card. Proceed exactly as you usually do when making a normal online credit card payment.
Once the banking procedure is complete, you will get your purchased MetaCash (META) in your Binance e-wallet (referred to as the «Spot Wallet»)
Purchase MetaCash (META) via Binance P2P
This means «Person To Person», i.e.: trading MetaCash (META)
with another Binance trader. In that case, you should specify the payment method you want to apply first.
- Go to your profile and choose "Security".
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and choose it.
- Select "Add a Payment Method" and the system will guide you through the rest of the procedure.
After you have included the new method of payment to your profile, move to the "Buy Crypto" menu (top bar of the navigator), select the "Trading P2P" option, and follow the guidelines below:
- Click on the "Buy" button located on the upper bar of the "P2P Account" menu
- This bar shows all the MetaCash (META) available for purchase via P2P trading. Pick the one you want, for this exercise we will use «USDT» as an example.Purchasing one of these MetaCash (META) through P2P trading allows the user to exchange it on the Binance platform for any of the foreign currencies available.
- Look for the "Fiat" column on the upper menu and deploy the drop-down list to see all available currencies. Let’s use «VES» in this example.
- In the "Amount" box, type the sum in VES you would like to buy with.
- You will be able to see a list of traders offering cryptos as soon as you choose the payment method.
- From the list displayed list, you may choose any of the traders. It is recommendable to select a verified one and better if a good percentage of completed sales is displayed.
- Now select "Buy USDT"
- Now the amount you wish to pay in VES must be entered
- Press "Buy USDT" again
- A purchase order has been generated and the trader and you will be able to contact each other for details, if needed. You have a time limit to make the payment, otherwise the order will be canceled by the platform (something not good for your reputation as a buyer). Once you paid, click on "Transferred, Next", then press "Confirm".
Learn how to transfer your MetaCash (META) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception validation has been done.
The place where MetaCash (META) are deposited is your Binance wallet.
Take into account that your MetaCash (META) must be in your Spot Wallet in order for you to buy others, so you will have to send them there before.
To accomplish this, all you have to do is click on "Transfer to Spot Wallet" right after the buying order has been completed.
This MetaCash (META) internal movement can be done whenever you need.
Ways to transfer your MetaCash (META) to the Spot Wallet
After you have made a payment to the trader, they are going to release the MetaCash (META), just by confirming receipt of the payment.
You may check your wallet account balance to confirm reception.
Note that you must transfer them to your Spot Wallet in order for you to get any other cryptocurrency.
You can do this immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
Should you forget to follow this step right after buying the cryptos, no problem at all: you’ll always be able to do it at any moment.
- Drop the "Wallet" menu down and select the "Wallet Funds" button.
- Locate the "Transfer" option on the upper right area of the screen and press it.
- In the pop-up window, change the «From» and «To» options to the following settings:
- From: "Funds"
- To: "Fiat and Spot"
- For this post, we use «USDT» as an example, but you’ll obviously select the currency you have
- Set the amount you are transferring for the Exchange and click "Confirm".
Perfect! Now you have money available to purchase any of the numerous MetaCash (META) in the Binance platform.
To purchase MetaCash (META) from Binance what you just have to do is the following:
- Locate the "Trading" menu in the top top section.
- In the list choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to spend.
- Now indicate the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Confirm the operation and that’s it. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
That’s all! This way you will have funds in the Spot Wallet and you will be able to trade any of the huge selection of MetaCash (META) within the Binance platform.
To buy MetaCash (META) from Binance what you just have to do is described below:
- Pick the "Trading" menu in the upper section.
- Choose "Convert" from the list.
- Type the amount of «USDT» you would like to invest.
- Select the cryptocurrency you intend to get.
- Press "Preview conversion".
- Confirm the transaction and that’s it. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
Based upon the information above, you are now ready to commence trading on Binance.
So, no time to waste, make a profitable business within the Binance platform.