Buying Mogu (MOGX) on the Binance platform
You can find many trading platforms today on the WWW, but without a doubt Binance is among the most popular and innovative.
So, if you want to start out trading on it, the first thing you must do is to discover ways to purchase Mogu (MOGX).
Continue reading this post and you’ll discover all the information you need for buying crypto on Binance.
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Understand how to register on Binance
There is only way to begin operating on Binance: registering to it.
No complicated subscription: just follow the detailed guidelines listed below.
Search for the "Register" button in the Binance main page and press on it to start the registration process.
Here you have the direct access to Binance.
In the Binance homepage you’ll see a button named "Register with a phone or email". Click on it.
You can also do this using your iOS mobile.
In this guide, we’ll will describe how to register using an e-mail account.
- In the screen you’ll immediately see, choose your country of residence from the drop-down list.
- Following, write your e-mail address and a security password. Keep in mind that you are going to trade your money, you should give relevance to the password you set up
- Here you must accept "Terms of Service" and, if you want to get information, news and updates from Binance in your e-mail address, click in the corresponding box
The Binance platform will automatically send a one-time-only activation keycode (NB: this is NOT your password) that you’ll write it in the corresponding line, then click on "Send"
And that’s all! You are now signed up with Binance.
You’ll see it’s simple to access the Binance platform and get to know all the options it has to offer.
This way you mayit is possible to begin trading Mogu (MOGX) conveniently.
Fulfill the mandatory ID checking to enable all those options.
Warning: No Mogu (MOGX) operation will be allowed if you ignore this safety step.
In the following instructions, you’ll be guided about how to do that. Zero problems.
How to complete the verification of your Binance account and put hands on trading
To become a certified user you must follow the next steps:
On the main screen, hover the mouse on the user profile button and a list will immediately show up where you will click on "Security"
Or simply look for the "Verify" button on the upper part of the navigator window
Press "Identification" on the left menu.
Country of residence must be selected here.
Now you’ll will immediately find three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
Begin by clicking on "Start now" located near the "Verified" level.
A new window will be shown, and there you’ll have to give your personal information: Nationality, first name and surname, second name and birth date. Also, make sure you enter the exact address of your residence
Now you’ll have to to use a legal document to verify your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Now the platform will ask you to take a selfie under certain conditions.
After completing all those steps, the Binance system will do a confirmation process on your account.
Now you must wait until your request has been accepted. Be patient, Binance will send you an e-mail.
Congrats! Once you’ve received the confirmation you’re officially authorized to buy Mogu (MOGX). The following guidelines will be helpful.
Buying Mogu (MOGX) on Binance
Since you are registered on the Binance platform and have your account validated, you can start trading.
In this segment you’ll realize how simple is to make a purchase of Mogu (MOGX).
At this point, the Binance platform will ask you to provide a legal document for identity verification.
You can do this by using your passport, ID card, or driver’s license.
Now the system will ask you to take a selfie following certain instructions.
Now you’ll have to wait for a short time while an account confirmation process is performed.
Now you have to wait until your application has been approved. Be patient, Binance will let you know via email.
The following instructions will guide you through the Mogu (MOGX) trading process. As soon as you’ve received the confirmation e-mail, you are a Binance licensed Mogu (MOGX) trader.
How to buy Mogu (MOGX) on Binance
All right, account verified was all you needed to begin purchasing Mogu (MOGX) immediately.
In this section you’ll discover how easy is to buy a Mogu (MOGX).
Some processes would probably have optional paths
The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.
Needless to say you must be logged into your account to be able to do this
Placing your mouse pointer over this option will display a list of alternatives for making your purchase.
The next step is to check your identity with a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
After fulfilling all those requirements, the Binance system will perform a confirmation process on your account.
Now you must wait until your request has been approved. Be patient, the platform is going to let you know via email.
Congratulations! Now you’re officially authorized to buy Mogu (MOGX). The following guidelines will be helpful.
Learn to purchase Mogu (MOGX) on Binance
Beginning your Mogu (MOGX) trading career has never been so simple, right?.
Understanding how to make a purchase of Mogu (MOGX) is not so difficult.
You may find different alternatives throughout the process
To find out which alternatives can be found when buying, look for the "Buy cryptos" menu on the Binance main page.
You will need to, of course, do this after you’ve logged into your account
Hovering your mouse pointer over this key will display a list of alternatives for making your purchase.
Did you know you can use your credit or debit card for buying cryptos?
Choose the credit card-related option from the drop-down menu labeled "Buy Cryptos".
The following guidelines will be helpful to continue the process:
Currency to be used and how much you will invest should be stated here.
In the second field you must choose the Mogu (MOGX) you wish to purchase
The quantity of Mogu (MOGX) you are going to be given will depend upon the amount of USD you’ve recently invested. The Binance system will immediately show it to you.
These instructions will be helpful to continue the process:
Currency preferred and how much to invest should be defined in the next box.
The the Mogu (MOGX) you intend to get should be indicated in the second field
The number of Mogu (MOGX) you will be given will depend upon the amount of USD you’ve previously stated. The Binance system will immediately display it.
Now select "Continue".
Now it’s time to specify the method of payment you’ll use. To pay with your credit card, choose in the "Visa/Mastercard" box the button "Add card".
Then the platform will ask you to type your card data.
The credit card’s associated address should be stated next. Be very careful, since you’ll need to enter it exactly as it is, otherwise your card won’t be approved. Then choose "Add card".
With this step, your credit card will be added to the payment methods in your account. Press "Continue".
The next screen will display a summary of the operation in its final stage. It includes the sum you are paying, the selected currency and the quantity of Mogu (MOGX) you will be credited.
It will also show you the commission will be charged for the purchase.
Now you have to certify the order pressing the "Confirm" button during the next minute, or it will be automatically aborted.
Next, you’ll be sent to the site of the credit card issuing bank. Proceed exactly as you do when making a payment using your card on the bank website.
You may take a look at your Binance e-wallet (referred to as the «Spot Wallet») when the banking procedure has been done to see your recently purchased Mogu (MOGX) already there
Purchase Mogu (MOGX) with Binance P2P
You can get Mogu (MOGX) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user as well. Method of payment is the first setting you will indicate.
Next, all the relevant details of the operation will be displayed: the amount you will pay and the corresponding currency, and obviously, the cryptos you will get.
Another important detail in this overview is the percentage Binance will charge you as a commision for making the operation.
Now you have to certify the order pressing the "Confirm" button within the following minute, or it will be automatically terminated.
The Binance system will now reroute you to the bank issuing the credit card. Then you will make a normal on-line payment with your credit card.
You can take a look at your Binance digital wallet (called the «Spot Wallet») once the banking process is complete and you’ll see your recently purchased Mogu (MOGX) already credited
Know how to purchase Mogu (MOGX) with Binance P2P
You can buy Mogu (MOGX) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance user as well. Method of payment is the first parameter you will specify.
- Go to the "Security" panel of your account.
- Press "Payment" from the menu on the left.
- Select "Add a Payment Method" and the platform will guide you through the rest of the procedure.
After the new method of payment has been included in your profile, look for the "Buy Crypto" menu on the upper part of the display, press on the "Trading P2P" option and follow the guidelines described below:
- Press the "Buy" option on the top bar of the "P2P Account" menu
- All the Mogu (MOGX) available for purchase through P2P trading will be displayed in this list, so you will be able to select the one you’re interested in. As for this example, we will use «USDT».It is important to note that once you buy one of these cryptocurrencies through P2P trading, you’ll be able to exchange it for any of the foreign currencies valid in the Binance platform.
- It is time to select the currency you want to pay with, for example, «VES». Simply, see the drop-down menu under the "Fiat" column.
- In the "Amount" box, indicate the amount in VES you wish to buy with.
- Once you have selected the method of payment, the Binance system will display a register of traders’ ads.
- Any of the traders shown in the list can be chosen, but it is recommendable to select a verified one (see the blue diamond marking), and better, a high-volume seller (gold star mark).
- Select "Buy USDT"
- Now the amount you want to pay in VES must be typed
- Again, click on "Buy USDT"
- A purchase order has been created and the trader and you will be able to contact each other for further details, if needed. You have a limited time to make the payment, otherwise the order will be terminated by the system (something not good for your rating as a buyer). Once you have paid, press "Transferred, Next" and then press "Confirm".
The right way to transfer your Mogu (MOGX) to the Spot Wallet
The trader, upon receiving your money, will automatically release the Mogu (MOGX).
You may see your wallet account balance to confirm reception.
Take into account that your Mogu (MOGX) must be in your Spot Wallet in order for you to buy others, so you will have to transfer them there before.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
If you didn’t do this, don’t get worried, you can do it at any other time.
How you can transfer your Mogu (MOGX) to the Spot Wallet
The trader, upon confirming money reception, will instantly release the Mogu (MOGX).
The default place where Mogu (MOGX) are added to is your account wallet.
Take into account that your Mogu (MOGX) must be in your Spot Wallet in order for you to buy others, so you will need to send them there before.
To achieve this, all you have to do is click on "Transfer to Spot Wallet" immediately after the buying order has been completed.
In case you didn’t do this, don’t be anxious, you can move the cryptos at any other time.
- Drop the "Wallet" menu down and click on the "Wallet Funds" option.
- See the "Transfer" button at the top right and press it.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency in which you have money, in the example here we use «USDT»
- Type the amount you are sending to the spot walet and press "Confirm".
With these money already in your Spot Wallet, nothing keeps you from trading any crypto you think could yield the greatest profit.
To buy Mogu (MOGX) from Binance what you just have to do is the following:
- Select the "Trading" option in the upper panel.
- From the listing choose the "Convert" option.
- Fill in the box the amount of «USDT» you wish to invest.
- Select the crypto you wish to get.
- Press "Preview conversion".
- Validate the transaction and that’s it. You now will have the amount of the chosen crypto in your Spot Wallet.
All right! Now you have money available to purchase any of the huge selection of Mogu (MOGX) in the Binance platform.
Purchase any cryptocurrency from the Binance platform just following the instructions detailed next:
- Pick the "Trading" option in the top top section.
- Choose "Convert" from the list.
- Type the amount of «USDT» you want to spend.
- Now mark the crypto you’re about to purchase.
- Choose "Preview conversion".
- Confirm the operation and that’s it. You will have the funds of the selected crypto in your Spot Wallet.
Depending on the above mentioned information, you are now ready to start trading on the Binance platform.
Cryptos have come to stay, and Binance is a secure and practical platform to do business. Begin today!