Learn how to purchase OLA (OLA) on the Binance platform
Binance could be considered one of the most innovative trading platforms in the world.
But if you wish to begin operating on it, the first thing you have to do is to figure out how to purchase OLA (OLA).
Continue reading this article and you will discover all the information you should have for purchasing crypto on Binance.
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How to register on Binance
Subscribing to the Binance platform is the very first step you must do.
To do so, you need to follow each of the steps listed below.
On the Binance homepage you must locate the "Register" button and press it.
Go directly to Binance by pressing here.
Look for the "Register with a phone or email" button in the homepage and press it.
You can also do this using your Apple smartphone.
Here you’ll will see the subscription process using an e-mail address.
- In the screen that will be displayed, pick your country of residence from the drop-down list.
- Next, enter your e-mail address and a safety password. Be well aware that you will trade money, so you have to give relevance to the password you set up
- Now you must accept "Terms of Service" and, if you want to get information, updates and news from Binance in your e-mail address, click in the corresponding box
You should have received an e-mail sent to the address you’ve just used for subscribing on the Binance platform. In its text you’ll see an activation password you’ll need to will enter in that page. Then click on "Send"
That’s all! You are now registered to Binance.
It would be a nice idea to browse the different options of the Binance platform and get acquainted to them.
That’s the best way to know how practical the Binance platform is, and how quick you can begin trading OLA (OLA).
The ID checking is a required step you have to fulfill to have access to all those options.
Notice: No OLA (OLA) operation will be allowed if you skip this security step.
However, you don’t need to worry, continue reading the following section to find out how to do it.
Verify your Binance account to start out trading
Read the next guidelines and become an authorized Binance trader:
On the main page, hover the mouse on the user profile option and a list will immediately appear where you will have to press "Security"
Another alternative is to go to the upper part of the navigator window and click on the "Verify" button
Locate the option "Identification" on the left side of the navigator window.
Now you should choose your country of residence.
It shows you 3 verification levels: the current one, the Verified, and the Verified Plus.
To begin, choose "Start now" located by the "Verified" level.
A pop-up window will be shown, and there you’re going to provide your personal data: Nationality, first name and last name, second name and birth date. Also, make sure you give the exact address of your residence
The next step is to corroborate your identity using a legal document.
You can do this by using your ID card, passport, or driver’s license.
Follow the system guidelines to take a selfie.
The last step is on Binance’s side: a corroboration process that will just take a while.
As soon as your request has been approved, Binance will send you an email, just be patient.
The following instructions will guide you through the OLA (OLA) buying process. As soon as you’ve received the confirmation email, you are a Binance licensed OLA (OLA) trader.
Buying OLA (OLA) on Binance
All right, account validated was all you needed to begin buying OLA (OLA) immediately.
First you need to know how to convert money into OLA (OLA).
It is time to sustain your identity using a legal document.
ID card, passport or even a license will be enough to fulfill this requirement.
Now the platform will ask you to take a selfie following certain instructions.
Now you’ll have to wait for a short time while an account verification process takes place.
Once your application has been accepted, you’ll be informed via email, just be patient.
The following instructions will guide you through the OLA (OLA) trading process. As soon as you’ve received the confirmation email, you are a Binance authorized OLA (OLA) trader.
Purchasing OLA (OLA) on Binance
Since you have subscribed to the platform and have your account verified, you can begin trading.
Learning how to convert money into OLA (OLA) is actually quite easy.
Some steps would probably have optional paths
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
You have to, of course, try this after you’ve logged into your account
See all the different buying options just by hovering your mouse over this button.
It is time to corroborate your identity with a legal document.
You can do this with your passport, ID card, or license.
Now the platform will require you to take a selfie following certain guidelines.
Now you’ll have to wait for a short period while an account confirmation process takes place.
Once your profile has been accepted, you will be informed via email, just be patient.
The following instructions will guide you through the OLA (OLA) trading process. As soon as you’ve received the confirmation e-mail, you are a Binance authorized OLA (OLA) trader.
Buying OLA (OLA) on Binance
All right, account confirmed means you can begin buying OLA (OLA) right now.
First you need to learn how to make a purchase of OLA (OLA).
Be aware that you may find different alternatives for this process
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
Needless to say you must be logged into your account to do this
Place your mouse over this button and a list of buying alternatives will be displayed.
Make use of your credit or debit card for buying cryptos
Pick the credit card-related option from the "Buy Cryptos" drop-down menu.
Read on for detailed guidelines:
Now you must pick the currency you wish to use and enter the amount you want to invest.
In the second field you should choose the OLA (OLA) you intend to get
When you do so, the platform will immediately show you the number of OLA (OLA) you will get, according the amount of USD you’ve previously invested.
Keep on reading for further directions:
Currency to be used and amount of the investment must be stated in the next box.
In the next field you should choose the OLA (OLA) you wish to buy
When you do so, the platform will immediately show you the quantity of OLA (OLA) you will get, according the amount of USD you’ve recently stated.
Next click "Continue".
To include your CC as a payment method, select in the "Visa/Mastercard" box the button "Add card".
Type your card data and click "Next".
The credit card’s address should be specified next. Try not to mistype a single character, since you’ll need to enter it exactly as it is, otherwise your card might not be admitted. Then select "Add card".
When you see your new card has been added, click on "Continue".
Next, all the relevant details of the operation will be summarized: the sum you will pay and the corresponding currency, and obviously, the cryptos you are going to get.
In fact, Binance will claim a certain percentage as a commission for making the operation, and it will be shown in that quick view as well.
In less than 1 minute click on "Confirm", and then the order will be automatically shut down.
The platform will now send you to the bank issuing the credit card. Proceed just as you usually do when making a payment with your credit card on the bank website.
You may take a look at your Binance e-wallet (referred to as the «Spot Wallet») after the banking procedure is complete to see your recently purchased OLA (OLA) already there
Learn how to purchase OLA (OLA) with Binance P2P
An optional way to get crypto is to exchange it
with another subscriber. To accomplish this, the first step is to indicate which payment method you want to use.
The system will now show you the details of the order you are generating. The amount you will pay in the currency you’ve picked, and the OLA (OLA) you will be credited.
Another important detail in this overview is the amount Binance will charge you as a commision for making the transaction.
Now you have to validate the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically terminated.
The following step has to be carried out on the credit card bank platform. Follow the steps in the same way you would normally generate a payment with your card.
You may check your Binance digital wallet (called the «Spot Wallet») when the banking procedure is complete and you’ll see your recently bought OLA (OLA) already credited
Purchase OLA (OLA) with Binance P2P
Another option you have to buy crypto is to exchange it
with another subscriber. Method of payment is the first setting you must indicate.
- Login to the "Security" section of your account.
- In the menu on the left-hand side choose "Payment".
- Click the "Add a Payment Method" button and follow the platform guidance.
Now that the new method of payment has been added to your account, go to the top part of the screen and pass over "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following directions:
- Locate the "Buy" button on the upper bar of the "P2P Account" tab and press it
- In this bar you’ll find all the OLA (OLA) available for purchase via P2P operations. Select the one you would like to buy, here we will present «USDT» as an example.It is important to note that once you buy any crypto via P2P trading, you’ll be able to exchange it for any of the foreign currencies valid in the Binance platform.
- Locate the "Fiat" label on the top tabs and deploy the drop-down list to find all valid currencies. Let’s use «VES» in this example.
- In the "Amount" box, type the amount in VES you intend to invest.
- Choose the payment method and wait for the platform to display all of the dealers’ ads.
- Any of the traders shown in the list can be selected, although it is recommendable to choose a verified one (with the blue diamond mark), and better, a high-volume seller (gold star marking).
- Click on "Buy USDT"
- Now the amount you would want to invest in VES must be entered
- Select "Buy USDT" once 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 aborted by the system (and that’s bad for your rating as a buyer). Once you paid, press "Transferred, Next" and then press "Confirm".
Learn how to transfer your OLA (OLA) to the Spot Wallet
Once you have made a payment to the seller, they are going to release the OLA (OLA), just by confirming payment reception.
The default place where OLA (OLA) are added to is your Binance wallet.
But in case you would want to get any other OLA (OLA), you will have to send them to your Spot Wallet.
You can do this immediately right after the purchase order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t follow this step, don’t worry, you can do it at any other moment.
Ways to transfer your OLA (OLA) to the Spot Wallet
The trader, upon validating payment reception, will instantly release the OLA (OLA).
The place where OLA (OLA) are transferred to is your Binance wallet.
Take into account that your OLA (OLA) must be in your Spot Wallet in order for you to buy others, so you must transfer them there before.
To achieve this, you only need to click on "Transfer to Spot Wallet" once the purchase order is completed.
If you didn’t follow this step, don’t fear, you can move the cryptos at any other moment.
- Hover the mouse upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- Locate the "Transfer" option at the top right and press it.
- Set the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency in which you have money, in the example here we use «USDT»
- Input the amount you are moving for the Exchange and press "Confirm".
With these funds already in your Spot Wallet, don’t fear to buy any crypto you consider will yield the highest profit.
Buy any cryptocurrency from the Binance platform just following the instructions described next:
- Find the "Trading" option in the top section.
- Click on "Convert" from the list.
- Fill in the box the amount of «USDT» you wish to invest.
- Select the crypto you wish to buy.
- Select "Preview conversion".
- Confirm the transaction and that’s all. You now will have the amount of the chosen crypto in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from trading any crypto you think will be profitable.
Buy any cryptocurrency from the Binance platform just following the instructions described next:
- In the top panel, select the "Trading" menu.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to invest.
- Now indicate the cryptocurrency you’re interested in.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
Based upon the information above, you are now ready to start out trading on the Binance platform.
So, no time to waste, make a fruitful business in the Binance platform.