Buying Mirrored SPDR S&P 500 (MSPY) on Binance
Binance could be considered one of the world’s leading trading platforms.
Therefore, the first thing you should to do if you’ would like to get started operating on it is to discover ways to buy Mirrored SPDR S&P 500 (MSPY).
This post is intended to guide the reader about how to purchase Mirrored SPDR S&P 500 (MSPY) on the Binance Mirrored SPDR S&P 500 (MSPY) platform.
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Learn how to register on Binance
To be capable of buying Mirrored SPDR S&P 500 (MSPY) on Binance, the vital thing you must know indeed is how to subscribe.
Just follow each one of the instructions listed below.
Navigate to the Binance main page and press on the "Register" key.
Press here to go straight to the Binance platform.
Now press the "Register with a phone or email" button.
The Binance platform is totally compatible with iOS devices as well.
In this guide, we’ll will show you how to do this using an e-mail address.
- First, pick the country from the drop-down list according to the one you’re living in.
- Now the extremely important step: password. Define an alphanumeric word difficult enough not to be easily deducted. Never use your name, birth date or things like that. Bear in mind that it’s your cash what will be protected by that word
- Here you must accept "Terms of Service" and, if you want to receive information, news and updates from Binance in your e-mail address, check in the corresponding box
By now, you surely have received an e-mail in the address you’ve just used for registering on the Binance platform. In its text you’ll see a one-time-only activation code you will enter in the corresponding box. Then press "Send"
You’re now a Binance user!.
Take a time to get acquainted to the different areas of the Binance platform by browsing them.
You’ll realize how easy is to begin trading Mirrored SPDR S&P 500 (MSPY).
The ID verification is a required step you must complete to have access to all those options.
Warning: No Mirrored SPDR S&P 500 (MSPY) trading will be allowed if you skip this safety step.
But no need to worry, read the following paragraphs to know how to do it.
How to complete the verification of your account and put hands on trading
See the next guidelines and become an authorized Binance trader:
Select "Security" from the drop-down list under the user profile section
You can also click the "Verify" button on the upper part of the screen
Go to "Identification" on the left menu.
Choose your Country of Residence.
The platform displays you three verification levels: the current one, the Verified, and the Verified Plus.
To begin, press "Start now" located under the "Verified" level.
Then a pop-up window will display and there you should enter the following data:
- Nationality.
- First Name and Last name.
- Middle name and date of birth.
- Residence address (exact).
It is time to verify your identity using a legal document.
You can do this with your ID card, passport, or driver’s license.
Now the platform will require you to take a selfie following certain instructions.
Once those requirements have been fulfilled, the Binance system will perform a verification process on your account.
As soon as your profile has been approved, you’ll be notified via e-mail, just be patient.
Congrats! Now you’re officially enabled to buy Mirrored SPDR S&P 500 (MSPY). See the guidelines that follow.
Purchasing Mirrored SPDR S&P 500 (MSPY) on Binance
So, account verified means you can begin buying Mirrored SPDR S&P 500 (MSPY) immediately.
Understanding how to invest your money in Mirrored SPDR S&P 500 (MSPY) is actually quite easy.
At this point, the Binance platform will ask you to use a legal document for identity corroboration.
passport, ID card or even a license will be enough to fulfill this formality.
Follow the system instructions to take a selfie.
The last step will be carried out by the Binance platform: a corroboration process that will just take a while.
Once your profile has been approved, you will be notified via e-mail, just be patient.
Congratulations! Now you’re officially licensed to buy Mirrored SPDR S&P 500 (MSPY). See the guidelines that follow.
Buying Mirrored SPDR S&P 500 (MSPY) on Binance
Since you are subscribed to the Binance platform and got your account confirmed, you are OK to begin trading.
First you need to discover how to make a purchase of Mirrored SPDR S&P 500 (MSPY).
Some steps would probably have alternative paths
Use the "Buy cryptos" menu on the Binance homepage to know which options can be found when buying.
Needless to say you must log into your account to do this
See all the different buying options just by hovering your mouse over this button.
The next step is to corroborate your identity with a legal document.
ID card, passport or even a license are all valid documents to fulfill this requirement.
Follow the system requirements to take a selfie.
After fulfilling all those steps, the Binance system will execute a confirmation process on your account.
Once your profile has been approved, the system will send you an e-mail, just be patient.
Congratulations! As soon as you’ve received the confirmation you’re officially licensed to trade Mirrored SPDR S&P 500 (MSPY). The following guidelines will be helpful.
Learn to buy Mirrored SPDR S&P 500 (MSPY) on Binance
Now that you are registered on the platform and got your account validated, you can begin trading.
Learning how to convert money into Mirrored SPDR S&P 500 (MSPY) is not so difficult.
Some steps may have alternative paths
To find out which options you have when making a purchase, see the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this if you’re logged in
Placing your mouse pointer over this button will display a list of alternatives for making the purchase.
Buying Mirrored SPDR S&P 500 (MSPY) using a credit/debit card
Select the credit card-related option from the drop-down menu labeled "Buy Cryptos".
Read on for detailed guidelines:
Currency to be used and amount of the investment must be defined in the next box.
In the second field you should select the Mirrored SPDR S&P 500 (MSPY) you would like to purchase
Considering the amount of USD you’ve just indicated, the system will immediately show you the quantity of Mirrored SPDR S&P 500 (MSPY) you will get.
The following guidelines will help you in the process:
In the next box, select the currency you wish to buy with and type the amount you are going to invest.
Next, choose the Mirrored SPDR S&P 500 (MSPY) you’re going to get
Taking into account the amount of USD you have previously defined, the platform will immediately display the number of Mirrored SPDR S&P 500 (MSPY) you’ll be given.
Press "Continue".
Now you must indicate the method of payment you’ll use. To pay with your credit card, pick in the "Visa/Mastercard" box the option "Add card".
Then the system will ask you to enter your card numbers.
Now write the physical address details for the CC. After this, select "Add card".
Now that your new card has been included, press "Continue".
The system will now display the synthesis of the order you are generating. The sum you are paying with the currency you have chosen, and the Mirrored SPDR S&P 500 (MSPY) you will be given.
Certainly, Binance will take a small amount as a commission for supporting the purchase, and it will appear in that summary also.
You have 1 minute to press "Confirm", otherwise the order will automatically expire.
The Binance platform will now reroute you to the bank issuing the credit card. Follow the steps in the same way you would make a payment with your card.
Once the banking process is complete, you will have your purchased Mirrored SPDR S&P 500 (MSPY) in your Binance digital wallet (referred to as the «Spot Wallet»)
Purchase Mirrored SPDR S&P 500 (MSPY) via Binance P2P
You may buy Mirrored SPDR S&P 500 (MSPY) not only via a direct purchase, but trading them «Person To Person»
with another Binance subscriber as well. In that case, you should specify which payment method you would want to apply first.
Next, all the important details of the transaction will be presented: the amount to be charged on your credit card and the corresponding currency, and of course, the cryptos you are going to receive.
It will also show you the commission you will have to pay for the purchase.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The following step needs to be carried out on the credit card bank system. Proceed exactly as you usually do when making a payment using your card on the bank website.
Your recently purchased Mirrored SPDR S&P 500 (MSPY) will be available in your Binance digital wallet (referred to as the «Spot Wallet») once the banking process is complete
Learn how to buy Mirrored SPDR S&P 500 (MSPY) through Binance P2P
You could get Mirrored SPDR S&P 500 (MSPY) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. Method of payment is the first parameter you should state.
- Go to the "Security" panel of your account.
- Choose "Payment" from the menu on the left.
- Choose "Add a Payment Method" and the system will guide you through the rest of the procedure.
After the new payment method has been configured in your account, look for the "Buy Crypto" menu on the top part of the display, click the "Trading P2P" option and follow the guidelines described below:
- Locate the "Buy" button on the upper bar of the "P2P Account" menu and press it
- Here you can select the Mirrored SPDR S&P 500 (MSPY) you want, among all those available for buying through P2P trading. We use «USDT» for this guide.It is important to note that once you purchase any crypto via P2P trading, you will be able to exchange it for any of the currencies valid in the Binance platform.
- Now you should choose the currency you want to use, for instance, «VES». Simply, see the drop-down menu under the "Fiat" label.
- You must enter the amount in VES you’d like to spend in the "Amount" box.
- You will be able to see a list of dealers offering cryptos a little while after you select the payment method.
- From the list list shown, you can choose any of the sellers. Although it is advisable to select one with the «Verified» mark and better if a high percentage of completed sales is displayed.
- Now press "Buy USDT"
- Enter the amount in VES you would like to pay
- Select "Buy USDT" once again
- That will open a buying order where you will be in touch with the seller. Pay within the established time and press "Transferred, Next" and then press "Confirm".
Tips on how to transfer your Mirrored SPDR S&P 500 (MSPY) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception acknowledge has been done.
The default place where Mirrored SPDR S&P 500 (MSPY) are deposited is your Binance wallet.
Take into account that your Mirrored SPDR S&P 500 (MSPY) must be in your Spot Wallet in case you would want to get others, so you will need to send them there before.
That’s quite simple: just press "Transfer to Spot Wallet" once the buying order is completed.
This Mirrored SPDR S&P 500 (MSPY) internal movement can be performed anytime later.
The right way to transfer your Mirrored SPDR S&P 500 (MSPY) to the Spot Wallet
The seller, upon validating money reception, will instantly release the Mirrored SPDR S&P 500 (MSPY).
The default place where Mirrored SPDR S&P 500 (MSPY) are transferred to is your account wallet.
Take into account that your Mirrored SPDR S&P 500 (MSPY) 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 immediately after the purchase order is completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after buying the cryptos, no problem at all: you’ll always be able to do it later.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- Next press "Transfer" option on the upper right area of the navigator window.
- A pop-up window will open, where you must set 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»
- Input the amount you are moving 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 numerous Mirrored SPDR S&P 500 (MSPY) within the Binance platform.
Purchase any crypto from Binance just following the steps described below:
- Select the "Trading" option in the top upper panel.
- In the list choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to invest.
- Now mark the cryptocurrency you’re interested in.
- Click on "Preview conversion".
- Validate the operation and that’s all. You now will have the amount of the selected cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from purchasing any cryptocurrency you think could yield the highest profit.
To purchase Mirrored SPDR S&P 500 (MSPY) from Binance all you have to do is described below:
- Pick the "Trading" option in the upper panel.
- Select "Convert" from the list.
- Fill in the box the amount of «USDT» you want to invest.
- Select the cryptocurrency you would like to buy.
- Select "Preview conversion".
- Confirm the transaction and that’s it. You will have the funds of the selected crypto in your Spot Wallet.
Depending on the information above, you are now ready to start trading on the Binance platform.
So, no time to waste, make a profitable business in this crypto platform.