Purchasing NYM (NYM) on the Binance platform
Binance could be considered one of the world’s leading trading platforms.
But if you wish to get started operating on it, the first thing you must do is to understand how to get NYM (NYM).
Before stepping into the amazing world of cryptocurrency within the Binance platform, you will have to know the following.
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How to register on Binance
There’s only way to begin operating on the Binance platform: subscribing to it.
Just follow each of the steps below.
Search for the "Register" option in the Binance main page and press on it to begin the registration process.
Click here to go straight to the Binance platform.
Look for the "Register with a phone or email" button in the homepage and press it.
iOS phones or tablets can be used as well.
In this article, we’ll will show you how to register using an email account.
- In the screen you’ll immediately see, select your country of residence from the drop-down list.
- Now, enter your e-mail address and a security password. Be well aware that you are going to invest your money, you must give importance to the password you select
- In this step you must accept "Terms of Service" and, if you would want to get information, news and updates from Binance in your email address, click in the corresponding box
The Binance platform will automatically send a one-time-only activation keycode (remember: this is NOT your password) that you’ll enter it in the corresponding line, then click on "Send"
That’s it! You are now subscribed to Binance.
Take a time to get acquainted to the different areas of the Binance platform by visiting them.
You’ll realize how simple is to start trading NYM (NYM).
To have access to those options, the first thing you need to do is complete the identity verification.
Notice: No NYM (NYM) operation will be allowed if you omit this safety step.
In the following paragraphs, you’ll be guided on how to do that. Zero problems.
Learn to verify your Binance account and start trading
To become a certified end user you must follow the next steps:
On the main screen, place the mouse pointer on the user profile option and a list will immediately show up where you will need to press "Security"
You can 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.
Country of residence must be picked here.
Now you’ll will find three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
At this moment, you should choose "Verified", clicking on the "Start now" button below it.
In this step, the subscriber is required to provide some personal data:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Exact address of your residence.
- Middle name and birth date.
- Middle name and birth date.
It is time to support your identity using a legal document.
Use your passport, ID card or even your license to complete this step.
Now the platform will ask you to take a selfie following certain guidelines.
After fulfilling all those requirements, the Binance platform will carry out a verification process on your account.
Now you must wait until your request has been accepted. Be patient, the platform will let you know via email.
The following instructions will guide you through the NYM (NYM) purchasing process. As soon as you’ve got the confirmation email, you’ve become a Binance licensed NYM (NYM) trader.
Buying NYM (NYM) on Binance
All right, account verified was all you needed to begin purchasing NYM (NYM) immediately.
First you need to discover how to invest your money in NYM (NYM).
The next step is to check your identity with a legal document.
Use your passport, ID card or even your driver’s license to complete this step.
Now the system will ask you to take a selfie following certain guidelines.
Once those requisites have been completed, the Binance platform will execute a verification process on your account.
Now you have to wait until your application has been accepted. Be patient, Binance is going to let you know via e-mail.
The following instructions will guide you through the NYM (NYM) trading process. As soon as you’ve received the confirmation email, you have become a Binance authorized NYM (NYM) trader.
Purchasing NYM (NYM) on Binance
Beginning your NYM (NYM) trading adventure has never been so simple, right?.
Understanding how to invest your money in NYM (NYM) is actually quite easy.
You will probably have different options throughout the process
To find out which options can be found when buying, see the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this if you’re logged in
Place your mouse over this button and a list of buying alternatives will deploy.
Here, the Binance platform will ask you to show a legal document for identity corroboration.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will have to take a selfie, following the application’s requirements.
Once those steps have been completed, the Binance system will do a verification process on your account.
All you need to do is wait patiently, Binance is going to send you an email once your request has been accepted.
Congrats! Now you’re officially enabled to operate with NYM (NYM). See the guidelines that follow.
Buying NYM (NYM) on Binance
Now that you have subscribed to the Binance platform and got your account validated, you can start trading.
Understanding how to convert money into NYM (NYM) is actually quite easy.
You will probably find different options throughout the process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
Needless to say you must log into your account to do this
Place your mouse over this key and a list of buying alternatives will deploy.
Did you know you can use your debit or credit card for buying NYM?
Choose the credit card-related option from the drop-down menu labeled "Buy Cryptos".
Read on for detailed guidelines:
Now you must pick the currency you’d like to buy with and enter how much you want to invest.
The the NYM (NYM) you would like to purchase must be selected from the second field
Considering the amount of USD you’ve recently defined, the platform will immediately display the quantity of NYM (NYM) you’ll be given.
Next, just stick to the following instructions:
In the next box, select the currency you wish to use and indicate the amount you want to invest.
Next, choose the NYM (NYM) you are going to purchase
Once you do so, the platform will immediately show you the quantity of NYM (NYM) you’ll be given, taking into account the amount of USD you have recently specified.
Press "Continue".
Now you must specify your method of payment. To pay with a credit card, select in the "Visa/Mastercard" box the option "Add card".
Type your credit card details and press "Next".
The credit card’s associated address should be specified next. Be very careful, since you must write it exactly as it is, otherwise your card won’t be accepted. Then choose "Add card".
Click "Continue" once you see your card has been successfully added to your account as a new method of payment.
The next screen will display a snapshot of the operation in its final stage. It includes the sum your card will be charged, the selected currency and the amount of NYM (NYM) you will be credited.
It will also let you know the commission you will have to pay for the transaction.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The platform will now reroute you to the credit card issuing bank. Follow the steps in the same way you would normally make a payment with your card.
After the banking procedure is complete, you are already in possession of the recently bought NYM (NYM) in your Binance e-wallet (referred to as the «Spot Wallet»)
Buy NYM (NYM) via Binance P2P
That is a transaction made «Person To Person», i.e.: exchanging NYM (NYM)
with another Binance subscriber. To accomplish this, the first step is to define which payment method you want to use.
Next, you’ll be presented a summary of the transaction in its final stage. That includes the amount you will pay, the chosen currency and the quantity of NYM (NYM) you will receive.
Another important detail in this overview is the amount you’ll be charged as a commision for making the operation.
Now you have to acknowledge the order pressing the "Confirm" button within the following minute, or it will be automatically shut down.
The system will now reroute you to the bank issuing the credit card. Follow the guidelines in the same way you would make a payment with your card.
As soon as the banking process has been finished, you are already in possession of the recently bought NYM (NYM) in your Binance e-wallet (called the «Spot Wallet»)
Buy NYM (NYM) via Binance P2P
That means «Person To Person», i.e.: exchanging NYM (NYM)
with another Binance subscriber. To do this, the first step is to add which payment method you would want to make use of.
- Login to the "Security" section of your profile.
- Select "Payment" from the menu on the left.
- Click the "Add a Payment Method" button and follow the platform instructions.
Once you finished including the new method of payment to your account, move to the "Buy Crypto" menu (top bar of the navigator), select the "Trading P2P" option, and follow the directions below:
- Look for the "Buy" button on the upper bar of the "P2P Account" menu and press it
- Here you can pick the NYM (NYM) you want, among all those available for buying via P2P operations. We present «USDT» in this guide.Purchasing any crypto in P2P trading will allow the subscriber to exchange it on the Binance platform for any of the currencies available.
- Locate the "Fiat" label on the upper menu and reveal the drop-down menu to find all available currencies. We’ll use «VES» in this example.
- In the "Amount" box, type the sum in VES you intend to invest.
- After you have indicated the method of payment, the system will show you a register of traders’ ads.
- From the list list shown, you may pick any of the traders. It is advisable to select one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Now click on "Buy USDT"
- In this step, the amount you want to pay in VES must be input
- Again, select "Buy USDT"
- Now a purchase order has been generated and you’ll be able to contact the seller. Pay, click on "Transferred, Next", then press "Confirm". Be aware that there’s a time limit for you to make the payment.
The right way to transfer your NYM (NYM) to the Spot Wallet
When you have completed a payment to the trader, they will release the NYM (NYM), just by confirming payment reception.
The default place where NYM (NYM) are transferred to is your Binance wallet.
Take into account that your NYM (NYM) must be in your Spot Wallet in case you want to purchase others, so you must transfer them there before.
That’s easy: just press "Transfer to Spot Wallet" once the buying order has been completed.
This NYM (NYM) internal transfer can be done anytime later.
The right way to transfer your NYM (NYM) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception acknowledge has been done.
The place where NYM (NYM) are deposited is your Binance wallet.
However, in case you want to buy another NYM (NYM), you will need to transfer them to your Spot Wallet.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it at any moment.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down list.
- Then press "Transfer" option on the upper right area of the screen.
- A pop-up window will open, where you must configure the options to:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have funds, in the example here we use «USDT»
- Enter the cryptos you are transferring to the spot walet and press "Confirm".
All right! Now you have funds available to buy any of the numerous NYM (NYM) in the Binance platform.
Discover how easy is to buy any cryptocurrency from Binance:
- Select the "Trading" menu in the top upper panel.
- Click on "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to invest.
- Choose the cryptocurrency you would like to get.
- Click on "Preview conversion".
- Validate the operation and that’s all. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
That’s all! Now you will have money in the Spot Wallet and you will be able to trade any of the numerous NYM (NYM) within the Binance platform.
To buy NYM (NYM) from Binance all you have to do is described below:
- Select the "Trading" menu in the upper panel.
- From that list choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you would like to invest.
- Choose the crypto you intend to get.
- Choose "Preview conversion".
- Confirm the operation and that’s all. You will have the amount of the chosen crypto in your Spot Wallet.
You’ve already seen how easy is to start doing business with NYM (NYM) on Binance.
The future of money trading relies on NYM (NYM)., and Binance is a safe and friendly platform to do business. Begin today!