Learn how to purchase Monsoon Finance (MCASH) on Binance
Undoubtedly one of the leading trading platforms in the world today is Binance.
Therefore, the first thing you must to do if you need to get started trading on it is to discover ways to purchase Monsoon Finance (MCASH).
Keep on reading this post and you will see all the information you should have for purchasing crypto on Binance.
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How to register on Binance
To be able to buy Monsoon Finance (MCASH) on Binance, the first thing you must know is how to subscribe.
Subscribing to the Binance platform is quite simple: see the following guidelines.
Proceed to the Binance main page and click on the "Register" key.
Go directly to Binance by pressing here.
Now press the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple devices as well.
For the purpose of this post, the email address subscription technique will be shown.
- First, pick the country from the drop-down list according to the one you’re living in.
- Now the vital part: password. Define a string of characters strange enough not to be easily guessed. Never use your name, birth date or things like that. Bear in mind that it’s your cash what will have to be protected by that word
- Mark whether you want to receive news and information directly from Binance to your email address. Accept the "Terms of Service" and press "Create Account"
Binance will immediately send a one-time-only activation password (remember: this is NOT the password you’ve created) that you’ll type it in the corresponding line, then press "Send"
And that’s it! You are now registered to Binance.
Take a time to get acquainted to the different areas of the Binance platform by visiting them.
This way you mayit is possible to start operating with Monsoon Finance (MCASH) very easily.
To get access to those options, the first thing you need to do is complete the identity verification.
Please, be well aware that it will be only after you have completed this safety step that you’ll obtain permission to begin operating with Monsoon Finance (MCASH).
In the following section, you’ll learn how to do it. Zero problems.
Learn to verify your account and put hands on trading
The following are the steps to verify your Binance account and get authorized to begin operating:
From the user profile menu, click on "Security"
You may also press "Verify" button on the upper part of the screen
In the list shown on the left-hand area of the navigator window, press on the "Identification" option.
Pick your Country of Residence.
It shows you 3 verification levels: the current one, the Verified, and the Verified Plus.
At this moment, you should choose "Verified", clicking on the "Start now" button under that label.
A pop-up window will be displayed, and there you will have to enter your personal data: Nationality, first name and last name, middle name and birth date. Also, make sure you type the exact address of your residence
At this point, the Binance platform will require you to show a legal document for identity checking.
Use your ID card, passport or even your driver’s license to complete this step.
Now the platform will require you to take a selfie following certain guidelines.
The final step is on Binance’s side: a corroboration process that will take only a short time.
Now wait patiently, Binance is going to let you know via e-mail when your request has been approved.
After that, it’s time to acquire Monsoon Finance (MCASH), to do so follow the guidelines below.
Purchasing Monsoon Finance (MCASH) on Binance
All right, account approved means you can begin buying Monsoon Finance (MCASH) immediately.
First you need to discover how to buy a Monsoon Finance (MCASH).
At this point, the Binance platform will require you to provide a legal document for identity corroboration.
You can do this with your ID card, passport, or license.
Follow the system guidance to take a selfie.
The final step is on Binance’s side: a confirmation process that will just take a while.
Now wait patiently, Binance is going to send you an email as soon as your profile has been approved.
The following instructions will guide you through the Monsoon Finance (MCASH) purchasing process. As soon as you’ve got the confirmation e-mail, you have become a Binance licensed Monsoon Finance (MCASH) trader.
Purchasing Monsoon Finance (MCASH) on Binance
Starting your Monsoon Finance (MCASH) trading experience has never been so easy, right?.
The first step is to learn how to make a purchase of Monsoon Finance (MCASH).
Take into account that you have more than one option for this process
To know which options can be found 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 button will display a list of alternatives to make the purchase.
At this point, the Binance platform will ask you to provide a legal document for identity corroboration.
Use your ID card, passport or even your license to complete this step.
Now the platform will ask you to take a selfie under certain conditions.
Now you’ll have to wait for a short time while an account confirmation process takes place.
So, wait patiently, Binance will send you an e-mail once your request has been approved.
The following instructions will guide you through the Monsoon Finance (MCASH) trading process. As soon as you’ve got the confirmation email, you’re a Binance authorized Monsoon Finance (MCASH) trader.
How to buy Monsoon Finance (MCASH) on Binance
Now that you have subscribed to the Binance platform and have your account verified, you are OK to start trading.
The first step is to learn how to make a purchase of Monsoon Finance (MCASH).
You may find more than one option throughout the process
Browse through the "Buy cryptos" menu on the Binance main page to know which alternatives are available to you when making a purchase.
You must, of course, do that after you’ve signed into your account
Placing your mouse pointer over this key will show a list of alternatives for making your purchase.
Buying Monsoon Finance (MCASH) with a credit/debit card
The first thing you will do to buy the Monsoon Finance (MCASH) of your preference using a credit card, should be to choose this method from the drop-down list labeled "Buy Cryptos".
After that, just adhere to the following guidelines:
In the next box, pick the currency you’d like to buy with and specify how much you are going to invest.
Next, pick the Monsoon Finance (MCASH) you are going to buy
According the amount of USD you’ve previously invested, the platform will automatically show you the quantity of Monsoon Finance (MCASH) you are going to receive.
Keep on reading for detailed guidelines:
In the next box, pick the currency you wish to buy with and specify the amount you are going to invest.
In the next field you should select the Monsoon Finance (MCASH) you would like to buy
According the amount of USD you have just specified, the platform will automatically display the number of Monsoon Finance (MCASH) you are going to be given.
Next click "Continue".
Now it’s time to specify your method of payment. To pay with your credit card, pick in the "Visa/Mastercard" box the button "Add card".
Then the system will prompt you to type your CC data.
Now specify the physical address details of the card. Following this, select "Add card".
Now that your card has been successfully included, click on "Continue".
The platform will now display the synthesis of the purchase order you are creating. The sum your card will be charged with the currency you have picked, and the Monsoon Finance (MCASH) you will be given.
Another detail of relevance in this quick view is the sum you’ll be charged as a commision for making the transaction.
Now you must validate the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically shut down.
After this, you will be redirected to the banking platform the credit card belongs to. Follow the steps in the same way you would normally pay with your card.
Once the banking procedure has been done, you’ll have your recently purchased Monsoon Finance (MCASH) in your Binance digital wallet (referred to as the «Spot Wallet»)
Purchase Monsoon Finance (MCASH) with Binance P2P
Another option you may use to get crypto is to trade it
with another subscriber. Method of payment is the first parameter you will add.
The next screen will display a snapshot of the transaction about to be completed. That includes the sum you will pay, the chosen currency and the amount of Monsoon Finance (MCASH) you will be credited.
It will also let you know the commission you need to pay for the operation.
At this point you have 1 minute to press "Confirm", otherwise the order will automatically expire.
The next step needs to be carried out on the credit card banking system. Then you would make a standard online payment with your credit card.
As soon as the banking process is complete, you are already in possession of the recently purchased Monsoon Finance (MCASH) in your Binance e-wallet (referred to as the «Spot Wallet»)
Know how to purchase Monsoon Finance (MCASH) with Binance P2P
That is a transaction made «Person To Person», i.e.: exchanging Monsoon Finance (MCASH)
with another Binance trader. Payment method is the first parameter you should add.
- Go to the "Security" panel of your account.
- Locate the "Payment" option in the menu you’ll see from the menu on the left and click on it.
- Click the "Add a Payment Method" button and follow the system directions.
Once you have added the new payment method to your profile, go to the "Buy Crypto" menu (top part of the display), select the "Trading P2P" button, and follow the guidance below:
- On the top bar of the "P2P Account" menu, choose "Buy"
- In this bar you will see all the Monsoon Finance (MCASH) available for purchase through P2P trading. Choose the one you want, here we use «USDT» as an example.It is important to note that once you buy any crypto in P2P trading, you’ll be able to exchange it for any of the currencies valid in the Binance platform.
- Look for the "Fiat" label on the upper menu and deploy the drop-down list to see all available currencies. Let’s use «VES» in this example.
- Use the "Amount" box to enter the amount in VES you’d like to spend to buy Monsoon Finance (MCASH).
- You will be able to see a register of traders offering cryptos as soon as you choose the method of payment.
- From the list list shown, you may choose any of the sellers. It is recommendable to select one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Press "Buy USDT"
- Now the amount you want to invest in VES must be entered
- Select "Buy USDT" again
- A buying order has been opened and the seller and you will be able to contact each other for further details, if needed. You have a time limit to make the payment, otherwise the order will be canceled by the system (something not good for your reputation as a buyer). Once you have paid, press "Transferred, Next" and then press "Confirm".
How to transfer your Monsoon Finance (MCASH) to the Spot Wallet
When you have made a payment to the seller, they will release the Monsoon Finance (MCASH), by confirming payment reception.
The default place where Monsoon Finance (MCASH) are deposited is your account wallet.
Note that you need to move them to your Spot Wallet in order for you to get any other cryptocurrency.
That’s easy: just click on "Transfer to Spot Wallet" once the purchase order is completed.
In the event you didn’t follow this step, don’t get worried, you can do it later.
The right way to transfer your Monsoon Finance (MCASH) to the Spot Wallet
The seller, upon validating payment reception, will automatically release the Monsoon Finance (MCASH).
This way, they will quickly be added to your account balance.
NB: you need to send them to your Spot Wallet in case you would want to buy another crypto.
That’s quite simple: just press "Transfer to Spot Wallet" once the buying order is completed.
In case you didn’t do this, don’t stress, you can move the cryptos at any other moment.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- The "Transfer" option is located at the top right. Click on it.
- In the pop-up window, swap the «From» and «To» options to the following configuration:
- From: «Funds»
- To: «Fiat and Spot»
- For this article, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Set the amount you are sending to the spot walet and click "Confirm".
With these money already in your Spot Wallet, don’t fear to trade any cryptocurrency you think will yield the greatest profit.
To buy Monsoon Finance (MCASH) from the Binance platform all you have to do is described below:
- Find the "Trading" option in the upper panel.
- From that listing select the "Convert" alternative.
- Fill in the box the sum of «USDT» you want to spend.
- Now mark the cryptocurrency you’re interested in.
- Choose "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the chosen crypto in your Spot Wallet.
That’s it! Now you will have money in the Spot Wallet so you will be able to trade any of the numerous Monsoon Finance (MCASH) within the Binance platform.
To buy Monsoon Finance (MCASH) from Binance all you have to do is the following:
- Look for the "Trading" menu in the top upper section.
- From the list choose the "Convert" option.
- Fill in the box the amount of «USDT» you want to invest.
- Now select the crypto you’re interested in.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the amount of the selected crypto in your Spot Wallet.
Based upon the above mentioned information, you are now ready to start trading on Binance.
So, no time to waste, make a worthwhile business in this cryptocurrency platform.