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Binance is one of the leading trading platforms in the world.
But if you wish to begin trading on it, the first thing you need to do is to discover ways to purchase MyBit (MYB).
This post is intended to teach the reader about how to buy MyBit (MYB) on the Binance MyBit (MYB) platform.
To be able to buy MyBit (MYB) on Binance, the initial step you need to know is how to register.
Easy registration: just follow the detailed guidelines below.
On the Binance main page you must locate the "Register" button and click on it.
You have the direct access here.
Locate the "Register with a phone or email" button in the homepage and click on it.
This can also be done with any Apple tablet.
In this guide, we’ll will explain how to do this using an e-mail account.
Check the inbox in the e-mail address you indicate at sign up and search the activation code for your Binance account. Enter it in the corresponding line and press "Send"
And that’s it! You are now subscribed to Binance.
It would be a nice idea to visit the different areas of the Binance platform and get acquainted to them.
That’s the best way to know how friendly the Binance platform is, and how quick you can begin operating with MyBit (MYB).
To have access to these options, the first thing you must do is fulfill the identity checking.
It is very important to note that until you fulfill this safety step, youwon’t be allowed to begin trading MyBit (MYB).
But no need to worry, see the next paragraphs to find out how to do it.
See the following instructions and become an authorized customer:
Pick "Security" from the drop-down list under the user profile area
You can also click on the "Verify" button on the upper part of the navigator window
Locate the option "Identification" on the left part of the screen.
Country of residence must be selected here.
It will show you 3 verification levels: the one you already have, the Verified, and the Verified Plus.
Now you must select "Verified", clicking on the "Start now" button under that label.
Then it displays a pop-up window where you must provide the following info:
Now you’ll need to use a legal document to check your identity.
You can do this with your ID card, passport, or license.
Follow the system guidance to take a selfie.
Now you will have to wait for a short period while an account confirmation process is performed.
All you need to do is wait patiently, Binance is going to let you know via email once your profile has been approved.
The following instructions will guide you through the MyBit (MYB) buying process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance licensed MyBit (MYB) trader.
In this section you’ll discover how easy is to make a purchase of MyBit (MYB).
Here, the Binance platform will ask you to show a legal document for identity verification.
Use your ID card, passport or even your license to complete this step.
Follow the system requirements to take a selfie.
After you have fulfilled the platform’s requirements, you will have to wait a moment for the confirmation to be applied to your account.
Now wait patiently, Binance will send you an email when your application has been approved.
Upon receiving that email it’s time to get MyBit (MYB), just see the instructions below.
Learning how to invest your money in MyBit (MYB) is actually quite easy.
Take into account that you have more than one option for this process
To know which alternatives you have when making a purchase, browse through the "Buy cryptos" menu on the Binance main page.
Certainly, you’ll only be able to do this once you are logged in
Find all the different purchase options just by placing your mouse over this button.
Next, you’ll need to show a legal document to sustain your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidance to take a selfie.
Now you’ll have to wait for a short time while an account verification process takes place.
Now be patient, Binance will let you know via email when your profile has been approved.
Congrats! Now you’re officially enabled to trade MyBit (MYB). See the guidelines that follow.
In this section you’ll realize how easy is to make a purchase of MyBit (MYB).
You will probably have different alternatives throughout the process
Use the "Buy cryptos" menu on the Binance homepage to find out which options you have when buying.
Obviously, you’ll only be able to do this after you’ve logged in
Unveil all the different buying options just by hovering your mouse over this button.
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
Keep on reading for further instructions:
In the next box, select the currency you’d like to use and indicate how much you are going to invest.
In the next field you must choose the MyBit (MYB) you’d like to buy
The quantity of MyBit (MYB) you are going to get will depend upon the amount of USD you have previously specified. The Binance system will automatically display it.
Next, just adhere to the following instructions:
Currency preferred and how much to invest should be stated here.
Next, pick the MyBit (MYB) you are going to buy
When you do so, the system will automatically display the quantity of MyBit (MYB) you’ll be given, considering the amount of USD you have just defined.
Press "Continue".
Now it’s time to indicate your method of payment. To pay with your credit card, choose in the "Visa/Mastercard" box the button "Add card".
CC numbers must be entered in this step, then click "Next".
Now indicate the physical address details for the CC. After this, select "Add card".
With this, your credit card will be added to the payment methods in your user profile. Press "Continue".
Next, all the important details of the operation will be summarized: the amount you will pay and the corresponding currency, and obviously, the cryptos you are going to get.
It will also let you know the commission you will need to pay for the transaction.
You have 60 seconds to click on "Confirm", otherwise the order will be automatically shut down.
The following step must be done on the credit card bank webpage. There you would make a normal on-line payment with your credit card.
You may check your Binance digital wallet (referred to as the «Spot Wallet») after the banking process has been done to find your recently purchased MyBit (MYB) already credited
Next, all the relevant details of the operation will be displayed: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you are going to get.
Another detail of relevance in this quick view is the amount Binance will charge you as a commision for making the purchase.
Now you must certify the order clicking on the "Confirm" button within the following minute, or it will be automatically terminated.
After this, you will be redirected to the banking platform the credit card has been issued by. Follow the steps in the same way you would pay with your credit card.
Once the banking procedure has been completed, you will have your purchased MyBit (MYB) in your Binance e-wallet (called the «Spot Wallet»)
When the new payment method has been added to your profile, look for the "Buy Crypto" menu in the top bar of the navigator, press on the "Trading P2P" button and follow the directions described below:
The seller, upon validating money reception, will immediately release the MyBit (MYB).
The default place where MyBit (MYB) are transferred to is your Binance wallet.
Take into account that your MyBit (MYB) must be in your Spot Wallet in order for you to get others, so you must transfer them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" once the buying order is completed.
This MyBit (MYB) internal transfer can be carried out anytime later.
Once you have made a payment to the trader, they may release the MyBit (MYB), just by confirming payment reception.
The default place where MyBit (MYB) are transferred to is your account wallet.
Take into account that your MyBit (MYB) must be in your Spot Wallet in order for you to get others, so you will need to send them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the buying order is completed.
Should you forget to follow this step right after buying the cryptos, no problem at all: you’ll always be able to do it later.
Perfect! Now you have funds available to trade any of the numerous MyBit (MYB) in the Binance platform.
Buy any cryptocurrency from Binance just following the steps described next:
Perfect! Now you have funds available to trade any of the huge selection of MyBit (MYB) in the Binance platform.
Discover how simple is to buy any cryptocurrency from Binance:
You’ve already learned how simple is to commence trading MyBit (MYB) on Binance.
The future of money trading relies on MyBit (MYB)., and Binance is a safe and practical environment to do business. Start right now!
If you like to make money through cryptocurrencies, you must discover ways to make use of the Kucoin platform. This exchange is providing good benefits to all its users, in fact it is making increasingly more progress in all its tradings.
If you need to learn without difficulty how to buy a MyBit (MYB) in Kucoin, you have to keep on reading this article.
Once you have subscribed to Kucoin and complied the safety requirements, you must deposit your currency. Using this method is rather simple, and you have several alternatives to do so.
One of them is usually to navigate to the «Balance» or «Assets» section at the top right of the screen and choose the «Deposit» button. From then on, choose the MyBit (MYB) you want to put into your personal account to purchase new cryptos, for instance, USDT.
After that, you will select the network you will use to complete the operation. We strongly advise Tron (TRC20) for it gets the lowest commissions.
Below is the the address you have to insert in the «Exchange» where you have the USDT you want to convert to Kucoin. Once you have already done this, you are going to obtain the funds in the main account in a matter of seconds.
If that does not work in your country, you should try moving the money to your account through P2P trading. This type of deal signifies that you actually make a traditional bank transfer to any of the authorized traders to obtain any of the accepted cryptos.
Now that you received the money in your account, it’s time for you to learn how to interact with the Kucoin website.
Purchasing a MyBit (MYB) on Kucoin you have to send the money you have just purchased to the trading account. To do this you have to click on the «Balance» menu, click the main account, enter your cryptocurrencies then choose «Transfer». This last option can be situated on the same line as the currency you’ll use for the purchase.
If that does not work in your country, you could attempt moving the money to your account via P2P trading. This type of purchase implies that you make a traditional bank transfer to one of the listed traders to receive any of the approved cryptos.
Now that you get the funds in your account, it’s time for you to learn how to interact with the Kucoin platform.
Purchasing a MyBit (MYB) on Kucoin you need to move the money you’ve just purchased to the trading accounts. To accomplish this you have to click on the «Balance» menu, click the main account, enter your cryptocurrencies and then choose «Transfer». This last option can be situated on the same line than the currency you will use for the purchase.
After that, you are sent to a window to pick where you wish to send the funds. You must transfer from the «Main Account» to the «Trading Account», and indicate the currency and the sum you wish to send to trade. Then click "Confirm".
Now that you have the cash already credited in the account, you are able to buy your crypto and start trading.
Now we will clarify how to purchase MyBit (MYB) in different methods. To begin, you need to open the «Trade» menu and pick "Spot trading" (Spot Market). Next write the word MyBit (MYB) in the search line at the top corner of the webpage.
The system will highlight the crypto pairs you can operate with.
In short, you will only be allowed to buy MyBit (MYB) just with the crypto pairs displayed there.
For this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT as we’ve got funds in this couple. When we do it, it quickly loads the crypto chart and the order book with all the buy and sell operations.
In order to be able to accomplish the operation, you will have to enter the trading key.
At the bottom-right, it shows the user the markets to trade crypto, instantly enabling «Spot». There we have 3 options to buy MyBit (MYB). Those are the following:
You can also configure the order activation yet process it at the ideal market price. You do this by going to «Stop Market», and writing in "Stop Price" the value you prefer the MyBit (MYB) to reach to trigger the order and the amount of USDT to spend. By clicking on Buy MyBit (MYB), your buying order will be processed at the market rate when it is the just like the stop price you have set.
With any of these alternatives, you’ve already got the MyBit (MYB) tokens you have bought in your trading account. From this moment you can operate with this or you can buy other cryptos. Bear in mind that with MyBit (MYB) you’ll only be authorized to get the cryptos available in their pairs. Frequently you will need to sell your MyBit (MYB) for a crypto that is typically available in the MyBit (MYB) pairs, such as BTC, USDT, and BNB, then you could purchase the one that you really expect.
You can now start trading a MyBit (MYB) via Kucoin.
| Exchange | Market Pairs | Buy |
|---|---|---|
| Bancor Network | DGD/BNT | - |
| ProBit Global | LTC/USDT | - |