Purchasing ParaSwap (PSP) on Binance
There are many trading platforms today on the WWW, but without a doubt Binance is among the most popular and reputed.
Therefore, the first thing you have to to do if you wish to get started operating on it is to discover how to get ParaSwap (PSP).
Before getting into the exciting world of cryptocurrency on the Binance platform, you will have to know the following.
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Discover ways to register on Binance
Registering on the Binance platform is the very first step you have to do.
Subscribing on the platform is very simple: check the following instructions.
Search for the "Register" button in the Binance main page and press on it to begin the registration process.

Here you have the direct access to Binance.
Locate the "Register with a phone or email" button in the main page and click on it.

Apple devices can be used to do this as well.
For the purpose of this article, the e-mail address registration process will be described.
- First, pick the country from the drop down list according to your place of residence.
- Next, type your e-mail address and a safety password. Bear in mind that you are going to invest your money, so you should give relevance to the password you choose

- Mark whether you would want to receive news and information directly from Binance in your inbox. Accept the "Terms of Service" and press "Create Account"
By now, you should have received an e-mail in the address you’ve just used for creating your Binance account. It will have an activation code you’ll have to will enter in the corresponding box. Then press "Send"
You’re now a Binance user!.
It would be a good idea to browse the different options of the Binance platform and become familiar with them.
This way you canit is possible to begin operating with ParaSwap (PSP) conveniently.
To get access to these options, you need to complete the identity checking.
Please, note that it is only after you have fulfilled this safety step that you’ll be allowed to begin trading ParaSwap (PSP).
No big deal, though. Continue reading through the following instructions to fulfill that step.
How to verify your Binance account and put hands on trading
Read the next guidelines and become a certified Binance trader:
On the main screen, place the mouse pointer on the user profile menu and a list will immediately appear where you will need to press "Security"
Or simply look for the "Verify" button on the upper part of the navigator window

In the list shown on the left-hand part of the screen, select the "Identification" option.
Here you’ll need to choose your country of residence.
The platform will show you 3 levels of verification: the one you already have, the Verified, and the Verified Plus.

At this moment, you should choose "Verified", pressing the "Start now" option under it.
A new window will pop-up, and there you’ll be required to provide your personal data: Nationality, first name and surname, middle name and date of birth. Also, make sure you provide the exact address of your residence
Now you’ll have to to show a legal document to verify your identity.
You can do this with your ID card, passport, or driver’s license.
Now the platform will ask you to take a selfie under certain conditions.
Now you will have to wait for a short time while an account verification process is performed.
Once your request has been approved, you’ll be informed via e-mail, just be patient.
After that, it’s time to purchase ParaSwap (PSP), to do so see the guidelines below.
Buying ParaSwap (PSP) on Binance
All right, account verified means you can begin purchasing ParaSwap (PSP) immediately.
In this section you’ll realize how simple is to convert money into ParaSwap (PSP).
Here, the Binance platform will ask you to present a legal document for identity verification.
passport, ID card or even a driver’s license will be enough to complete this requirement.
Now, you will be asked to take a selfie, following the platform’s guidelines.
Now you will have to wait for a short period while an account confirmation process is performed.
All you have to do is be patient, Binance is going to send you an email once your request has been accepted.
Congratulations! Now you’re officially authorized to buy ParaSwap (PSP). The following instructions will be helpful.
Purchasing ParaSwap (PSP) on Binance
Since you are registered on the Binance platform and have your account validated, you’re OK to begin trading.
In this section you’ll see how easy is to convert cash into ParaSwap (PSP).
You may have different options throughout the process
To know which options are available to you 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
Move your mouse on this option and a list of buying alternatives will deploy.
Now you’ll need to present a legal document to verify your identity.
Use your ID card, passport or even your license to complete this step.
Now the platform will require you to take a selfie following certain instructions.
After you have fulfilled the system’s requirements, you’ll have to wait a moment while your account is confirmed.
Now be patient, Binance is going to send you an email when your profile has been accepted.
Congratulations! Now you’re officially authorized to trade ParaSwap (PSP). See the guidelines that follow.
Learn to purchase ParaSwap (PSP) on Binance
Now that you are subscribed to the Binance platform and have your account verified, you’re able to begin trading.
In this segment you’ll learn how easy is to make a purchase of ParaSwap (PSP).
Some processes might have optional paths
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.

Obviously, you’ll only be able to do this after you’ve logged in
Move your mouse over this option and a list of buying alternatives will deploy.
Buying ParaSwap (PSP) using a credit/debit card
The first thing you need to do to buy the ParaSwap (PSP) of your preference using a credit card, should be to pick this method from the drop-down menu labeled "Buy Cryptos".
After that, just carry out these instructions:
Currency to be used and amount of the investment must be indicated in the next box.

In the next field you must select the ParaSwap (PSP) you wish to buy
The number of ParaSwap (PSP) you’ll receive will depend upon the amount of USD you have previously specified. The Binance platform will automatically show it to you.
Read on for detailed guidelines:
Currency preferred and amount of the investment should be indicated in the next box.

The the ParaSwap (PSP) you would like to get must be selected from the second field
According the amount of USD you have recently specified, the system will immediately display the number of ParaSwap (PSP) you’ll receive.
Click on "Continue".
To add your CC as a payment method, go to the "Visa/Mastercard" box and click on the "Add card" button.

Then the platform will ask you to enter your card data.
In this step you must enter the address the card is associated to. Enter it exactly as it is, then press "Add card".
With this step, your credit card will be added to the valid methods of payment in your user profile. Press "Continue".
The system will now show you the summary of the buying order you are creating. The amount you are paying with the currency you have selected, and the ParaSwap (PSP) you will be given.
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.

After this, you’ll be redirected towards the site of the credit card issuing bank. Follow the instructions in the same way you would normally pay with your card.
Your recently bought ParaSwap (PSP) will be deposited to your Binance e-wallet (called the «Spot Wallet») when the banking procedure is complete
See how easy is how to purchase ParaSwap (PSP) through Binance P2P
Another option you have to buy crypto is to trade it
with another person. Payment method is the first parameter you should specify.
Next, all the relevant details of the transaction will be presented: the amount you are paying and the corresponding currency, and obviously, the cryptos you are going to receive.
It will also show you the commission you will need to pay for the purchase.
Within the next 60 seconds click on "Confirm", and then the order will expire automatically.

The platform will now reroute you to the credit card issuing bank. Follow the guidelines in the same way you would make a payment with your card.
When the banking process is complete, you will get your purchased ParaSwap (PSP) in your Binance e-wallet (referred to as the «Spot Wallet»)
Know how to purchase ParaSwap (PSP) via Binance P2P
You can buy ParaSwap (PSP) not only via a direct purchase, but trading them «Person To Person»
with another Binance subscriber too. You should indicate the payment method you would want to use first.

- Go to your profile and choose "Security".
- Look for the "Payment" option in the menu you’ll see from the menu on the left and click on it.
- After choosing "Add a Payment Method" the Binance platform will guide you through the rest of the process.
Now that the new method of payment has been included in your profile, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following steps:
- On the top bar of the "P2P Account" menu, choose "Buy"
- The complete set of ParaSwap (PSP) available for purchase via P2P operations will be displayed in this menu, so you will be able to pick the one you’re interested in. As for this example, we will present «USDT».It is important to note that when you buy any crypto through P2P trading, you will 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 reveal the drop-down menu to see all available currencies. We’ll use «VES» in this example.
- In the "Amount" box, indicate the sum in VES you would like to invest.
- Choose the payment method and wait for the system to show you all of the dealers’ ads.
- From the list displayed list, you may pick any of the sellers. 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 like to pay
- Again, select "Buy USDT"
- A purchase order has been generated and the seller and you will be able to contact each other for details, in case you need it. You have a limited time to pay, otherwise the order will be aborted by the system (something not good for your reputation as a buyer). Once you have paid, click on "Transferred, Next" and then press "Confirm".
How you can transfer your ParaSwap (PSP) to the Spot Wallet
Once you have made a payment to the seller, they are going to release the ParaSwap (PSP), just by confirming payment reception.
You may see your wallet Binance balance to confirm reception.
But in order for you to buy any other ParaSwap (PSP), you 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".
In case you didn’t follow this step, don’t stress, you can move the cryptos later.
Ways to transfer your ParaSwap (PSP) to the Spot Wallet
The seller, upon receiving your money, will instantly release the ParaSwap (PSP).
The place where ParaSwap (PSP) are deposited is your Binance wallet.
However, in order for you to get another ParaSwap (PSP), you must transfer them to your Spot Wallet.
To achieve this, all you have to do is press "Transfer to Spot Wallet" once the purchase order is completed.
If 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.

- Click on "Wallet Funds" from the "Wallet" drop-down list.
- The "Transfer" button is located on the upper right area of the navigator window. Click on it.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency in which you have funds, in the example here we use «USDT»
- Input the amount you are sending to the spot walet and press "Confirm".
With these money already in your Spot Wallet, don’t fear to trade any crypto you think could be profitable.

Buy any cryptocurrency from Binance just following the instructions described next:
- In the upper section, look for the "Trading" option.
- Press "Convert" from the list.
- Enter the amount of «USDT» you want to spend.
- Choose the crypto you intend to buy.
- Click on "Preview conversion".
- Confirm the operation and that’s it. Now you will have the funds of the selected crypto in your Spot Wallet.
All right! Now you have funds available to buy any of the several ParaSwap (PSP) in the Binance platform.

Purchase any crypto from the Binance platform just following the instructions detailed below:
- Pick the "Trading" option in the top top section.
- From the listing select the "Convert" alternative.
- Input the sum of «USDT» you would like to spend.
- Now select the crypto you’re about to get.
- Choose "Preview conversion".
- Validate the operation and that’s all. You now will have the funds of the selected crypto in your Spot Wallet.
You’ve already seen how easy is to start out trading ParaSwap (PSP) on Binance.
So, no need to think twice, make a fruitful business within this cryptocurrency platform.