Buying Onyx (ONYX) on the Binance platform
You can find many trading platforms today on the WWW, but clearly Binance is one of the most popular and reputed.
Therefore, the first thing you need to to do if you wish to start trading on it is to learn how to buy Onyx (ONYX).
Continue reading this post and you’ll find all what you need to know about purchasing crypto on Binance.
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Discover how to register on Binance
The only way to start operating within the Binance platform is opening an account in it.
Registering the platform is very simple: see the following guidelines.
Navigate to the Binance main page and press on the "Register" button.
Go directly to Binance by clicking here.
Look for the "Register with a phone or email" button in the main page and click on it.
You can also do this using your iOS device.
In this guide, we’ll will explain how to do this using an e-mail account.
- From the drop-down list of countries, select the one you’re living in.
- The next step is choosing a secure password. This is quite relevant since it’s all about your money, so you must to define a robust one
- In this step you must accept "Terms of Service" and, if you would want to receive information, updates and news from Binance in your e-mail address, check in the corresponding box
You surely have received an e-mail sent to the address you’ve just used for subscribing on the Binance platform. It will have a one-time-only activation code you’ll need to will enter in that page. Then press "Send"
That’s all! You are now signed up with Binance.
It would be a nice idea to visit the different areas of the Binance platform and get acquainted to them.
You’ll immediately notice how easy is to begin operating with Onyx (ONYX).
Fulfill the mandatory identity checking to enable all those options.
Please, note that it will be only after you have fulfilled this safety step that you’ll obtain permission to begin operating with Onyx (ONYX).
In the next paragraphs, you’ll be guided on how to do it. Hassle-free.
How to complete the verification of your Binance account and put hands on trading
See the following guidelines and become an authorized subscriber:
On the main screen, hover the mouse on the user profile option and a list will immediately appear where you will click on "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Click "Identification" on the left options list.
Pick your Country of Residence.
The platform will show you 3 verification levels: the current one, the Verified, and the Verified Plus.
Begin by choosing "Start now" just below the "Verified" level.
Then it displays a pop-up window in which you will have to write the following information:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
Here, the Binance platform will require you to show a legal document for identity checking.
Use your passport, ID card or even your license to complete this step.
Follow the system guidelines to take a selfie.
Once you have completed the platform’s requirements, you will have to wait a short while for the verification to be applied to your account.
When your profile has been approved, you’ll be notified via e-mail, just be patient.
The following instructions will guide you through the Onyx (ONYX) buying process. As soon as you’ve received the confirmation email, you have become a Binance licensed Onyx (ONYX) trader.
Learn to purchase Onyx (ONYX) on Binance
Now that you are subscribed to the platform and have your account approved, you’re able to begin trading.
The first step is to learn how to make a purchase of Onyx (ONYX).
It is time to verify your identity using a legal document.
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.
Once those requirements have been completed, the Binance system will do a verification process on your account.
Once your request has been accepted, you will be notified via email, just be patient.
The following instructions will guide you through the Onyx (ONYX) buying process. As soon as you’ve received the confirmation e-mail, you’re a Binance licensed Onyx (ONYX) trader.
Purchasing Onyx (ONYX) on Binance
Now that you are subscribed to the Binance platform and got your account verified, you are able to start trading.
Understanding how to convert cash into Onyx (ONYX) is actually quite easy.
Some steps would probably have optional paths
To know which options are available to you when buying, browse through the "Buy cryptos" menu on the Binance homepage.
Needless to say you must be logged into your account to be able to do this
Hover your mouse over this key and a list of buying alternatives will be shown.
The next step is to corroborate your identity using a legal document.
You can do this with your passport, ID card, or license.
In the next step, you will have to take a selfie, following the platform’s requirements.
Once you have completed the platform’s requirements, you’ll have to wait a short time while your account is verified.
As soon as your application has been accepted, you will be notified via e-mail, just be patient.
Upon receiving that email it’s time to buy Onyx (ONYX), to do so see the guidelines below.
Buying Onyx (ONYX) on Binance
Beginning your Onyx (ONYX) trading adventure has never been so easy, right?.
Learning how to buy a Onyx (ONYX) is not so difficult.
Be aware that you may have different options for this process
To know which options can be found when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
Obviously, you’ll only be able to do this after you’ve logged in
Move your mouse on this option and a list of buying alternatives will deploy.
Buying Onyx (ONYX) using a credit/debit card
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Read on for further instructions:
Currency to be used and how much you will invest must be indicated in the next box.
In the second field you must pick the Onyx (ONYX) you would like to buy
The quantity of Onyx (ONYX) you will be given will depend upon the amount of USD you have previously invested. The Binance platform will immediately show it to you.
Continue reading for detailed guidelines:
Currency preferred and amount of the investment should be stated in the next box.
The the Onyx (ONYX) you would like to buy must be picked from the second field
Depending on the amount of USD you’ve recently stated, the system will immediately show you the quantity of Onyx (ONYX) you are going to be given.
Click "Continue".
To use your credit card as a payment method, select in the "Visa/Mastercard" field the option "Add card".
Credit card details must be indicated in this step, then press "Next".
Your credit card’s address must be indicated next. Be very careful, since you’ll need to write it exactly as it is, otherwise your card won’t be approved. Then press "Add card".
Now that your new card has been added, click on "Continue".
Next, all the relevant details of the operation will be presented: the sum you will pay and the corresponding currency, and obviously, the cryptos you are going to receive.
Certainly, Binance will take a small amount as a commission for making the transaction, and that will be shown in that overview also.
Within the next 60 seconds click on "Confirm", there after the order will be automatically shut down.
The Binance platform will now send you to the bank issuing the credit card. Proceed just as you usually do when making a normal online credit card payment.
As soon as the banking process is complete, you are already in possession of the recently bought Onyx (ONYX) in your Binance digital wallet (called the «Spot Wallet»)
Know how to buy Onyx (ONYX) through Binance P2P
You may get Onyx (ONYX) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. You should state which payment method you wish to use first.
Next, all the important details of the operation will be displayed: the amount you are paying and the corresponding currency, and of course, the cryptos you will get.
In fact, Binance will claim a small amount as a commission for supporting the transaction, and it will be shown in that overview as well.
At this point you have 60 seconds to press "Confirm", otherwise the order will be automatically terminated.
The Binance platform will now reroute you to the credit card issuing bank. Follow the instructions in the same way you would make a payment with your credit card.
As soon as the banking process has been finished, you’ll have your purchased Onyx (ONYX) in your Binance digital wallet (called the «Spot Wallet»)
See how easy is how to buy Onyx (ONYX) through Binance P2P
Another option you have to buy a cryptocurrency is to trade it
with another trader. To achieve this, the first step is to specify which payment method you wish to work with.
- Click on "Security" in your profile.
- From the list on the left-hand side choose "Payment".
- Click on "Add a Payment Method" and the Binance platform will guide you through the rest of the procedure.
Once the new payment method has been configured in your account, look for the "Buy Crypto" menu on the top part of the display, press on the "Trading P2P" button and follow the guidelines described below:
- Locate the "Buy" button on the top bar of the "P2P Account" menu and press it
- All the Onyx (ONYX) available for purchase through P2P trading will be displayed in this menu, so you will be able to pick the one you want. As for this example, we will use «USDT».It is important to note that once you purchase one of these cryptocurrencies through P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- It is time to select the local currency you want to make the payment with, for instance, «VES». To do this, drop down the list under the "Fiat" column.
- Use the "Amount" box to input the amount in VES you’d like to invest to purchase Onyx (ONYX).
- You will see a list of traders’ offers as soon as you define the method of payment.
- From the list displayed list, you can pick any of the traders. It is recommendable to select a verified one and better if a high percentage of completed sales is displayed.
- Now press "Buy USDT"
- Type the amount in VES you would want to invest
- Again, select "Buy USDT"
- That will open a buying order where you will have contact with the trader. Make the payment within the time limit and click on "Transferred, Next", then press "Confirm".
Tips on how to transfer your Onyx (ONYX) to the Spot Wallet
The seller, upon validating money reception, will instantly release the Onyx (ONYX).
The default place where Onyx (ONYX) are transferred to is your Binance wallet.
Note that you will have to move them to your Spot Wallet in case you want to purchase another cryptocurrency.
That’s easy: just press "Transfer to Spot Wallet" right after the buying order is completed.
This Onyx (ONYX) internal movement can be performed anytime later.
How to transfer your Onyx (ONYX) to the Spot Wallet
Once you have made a payment to the seller, they may release the Onyx (ONYX), just by confirming payment reception.
The place where Onyx (ONYX) are added to is your account wallet.
Take into account that your Onyx (ONYX) must be in your Spot Wallet in order for you to purchase others, so you must transfer them there before.
To get this done, all you have to do is click on "Transfer to Spot Wallet" immediately after the purchase order has been completed.
This Onyx (ONYX) internal transfer can be carried out whenever you need.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down menu.
- Now press "Transfer" option on the upper right area of the navigator window.
- Set the «From» and «To» options on the pop-up window to:
- From: Funds
- To: Fiat and Spot
- For The purpose of this post, we will use «USDT» as an example, but you’ll obviously indicate the currency you have
- Type the cryptos you are transferring to the spot walet and press "Confirm".
Perfect! Now you have money available to purchase any of the several Onyx (ONYX) in the Binance platform.
Purchase any crypto from Binance just following the steps detailed next:
- Pick the "Trading" menu in the upper panel.
- In the list select the "Convert" alternative.
- Fill in the box the amount of «USDT» you wish to spend.
- Choose the crypto you would like to buy.
- Click on "Preview conversion".
- Validate the transaction and that’s all. Now you will have the amount of the chosen crypto in your Spot Wallet.
That’s it! Now you will have money in the Spot Wallet and you will be able to buy any of the huge selection of Onyx (ONYX) within the Binance platform.
Purchase any crypto from the Binance platform just following the instructions described below:
- Look for the "Trading" menu in the top top section.
- Select "Convert" from the list.
- Fill in the box the amount of «USDT» you want to spend.
- Select the cryptocurrency you intend to buy.
- Select "Preview conversion".
- Validate the operation and that’s it. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
You’ve already learned how simple is to begin doing business with Onyx (ONYX) on Binance.
Don’t wait any longer and start earning some extra money.