How to purchase PAW (PAW) on the Binance platform
Binance could be considered one of the world’s most innovative trading platforms.
However, if you want to begin trading on it, the first thing you should do is to understand how to buy PAW (PAW).
Stay on this post and you will see all the information you need for buying crypto on Binance.
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How to register on Binance
The only way to get started in trading within the Binance platform is subscribing to it.
Registering onto the platform is quite easy: observe the following guidelines.
See a Binance homepage and click on the "Register" option.
Access directly to Binance by pressing here.
Look for the "Register with a phone or email" button in the main page and click on it.
This can also be done with any Apple tablet.
In this article, we’ll will show you how to register using an e-mail account.
- In the window you’ll immediately see, select your country of residence from the drop-down list.
- The next step is defining a secure password. This is vital since it’s all about your money, so you need to create a really robust one
- Now you must accept "Terms of Service" and, if you wish to receive information, updates and news from Binance in your e-mail address, check in the corresponding box
Check the inbox at the e-mail address you used for registration and search the activation code exclusive of your Binance account. Type it in the corresponding box and click on "Send"
You’re now a Binance user!.
Take a time to become familiar with the different options of the Binance platform by browsing them.
That’s the best way to know how friendly the Binance platform is, and how quick you can start trading PAW (PAW).
Fulfill the required identity checking to enable all those options.
It is very important to notice that unless you complete this safety measure, you will not get permission to start trading PAW (PAW).
No big deal, though. See the following instructions to complete that step.
Verify your account to start out trading
To be an authorized end user you must follow the next steps:
Click on "Security" from the drop-down list under the user profile area
Another option is to move to the top of the screen and press the "Verify" button
Pick "Identification" on the left options list.
Pick the Country of Residence.
Next, the 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Now you should choose "Verified", clicking on the "Start now" option below it.
In this step, the subscriber is required to give some personal information:
- Nationality.
- First Name and Last name.
- Middle name and birth date.
- Residence address (exact).
- Middle name and birth date.
- Middle name and birth date.
Here, the Binance platform will require you to provide a legal document for identity checking.
You can do this with your passport, ID card, or license.
Now the system will require you to take a selfie under certain conditions.
The final step is on Binance’s side: a certification process that will just take a while.
Now you have to wait until your profile has been accepted. Be patient, the system is going to let you know via email.
The following instructions will guide you through the PAW (PAW) purchasing process. As soon as you’ve got the confirmation e-mail, you are a Binance authorized PAW (PAW) trader.
Buying PAW (PAW) on Binance
Now that you are registered on the Binance platform and have your account confirmed, you can start trading.
Learning how to invest your money in PAW (PAW) is actually quite easy.
Here, the Binance platform will ask you to provide a legal document for identity corroboration.
ID card, passport or even a driver’s license are all valid documents to complete this requirement.
In the next stage, you will be asked to take a selfie, according to the application’s instructions.
Once those requisites have been fulfilled, the Binance system will perform a verification process on your account.
As soon as your request has been accepted, the system will let you know via email, just be patient.
The following instructions will guide you through the PAW (PAW) trading process. As soon as you’ve got the confirmation email, you are a Binance licensed PAW (PAW) trader.
How to buy PAW (PAW) on Binance
Since you are subscribed to the platform and got your account confirmed, you can begin trading.
Learning how to buy a PAW (PAW) is not that hard.
Some steps might have alternative paths
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Needless to say you must log into your account to be able to do this
Find all the different purchase options just by placing your mouse over this button.
The next step is to corroborate your identity using a legal document.
passport, ID card or even a license will be enough to complete this condition.
Follow the system requirements to take a selfie.
Now you will have to wait for a short time while an account verification process takes place.
All you need to do is wait patiently, Binance is going to send you an email as soon as your profile has been approved.
Congratulations! Once you’ve received the confirmation you’re officially enabled to trade PAW (PAW). The following guidelines will be helpful.
How to buy PAW (PAW) on Binance
Since you are subscribed to the Binance platform and have your account confirmed, you can begin trading.
In this section you’ll realize how simple is to make a purchase of PAW (PAW).
Some processes may have optional paths
Browse through the "Buy cryptos" menu on the Binance main page to know which alternatives are available to you when making a purchase.
You will need to, of course, try this after you’ve signed into your account
Find all the different purchase options just by placing your mouse over this button.
Buying PAW (PAW) using a credit/debit card
Pick the credit card-related option from the drop-down list labeled "Buy Cryptos".
Next, just stick to the following instructions:
Currency preferred and amount of the investment should be defined in the next box.
In the second field you should choose the PAW (PAW) you’d like to purchase
The quantity of PAW (PAW) you’ll receive will depend upon the amount of USD you’ve previously indicated. The Binance platform will immediately show it to you.
After that, just observe the following instructions:
In the next box, select the currency you wish to buy with and indicate the amount you are going to invest.
Next, select the PAW (PAW) you’re going to get
Considering the amount of USD you have recently defined, the platform will immediately display the number of PAW (PAW) you will be given.
Click on "Continue".
Now you must indicate the method of payment you’ll use. To pay with a credit card, select in the "Visa/Mastercard" box the option "Add card".
Then the system will prompt you to type your credit card numbers.
The credit card’s address must be specified next. Be very careful, since you must enter it exactly as it is, otherwise the card won’t be approved. Then select "Add card".
With this step, your card will be added to the valid methods of payment in your user profile. Press "Continue".
The platform will now display the synthesis of the purchase order you are generating. The sum your card will be charged in the currency you have chosen, and the PAW (PAW) you will receive.
Obviously, Binance will charge you a small amount as a commission for supporting the transaction, and it will appear in that quick view as well.
In less than 1 minute press "Confirm", and then the order will be automatically canceled.
The platform will now reroute you to the bank issuing the credit card. Then you will complete a standard on-line payment with your credit card.
Once the banking procedure is complete, you are already in possession of the recently purchased PAW (PAW) in your Binance e-wallet (referred to as the «Spot Wallet»)
Learn how to purchase PAW (PAW) via Binance P2P
You can get PAW (PAW) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. In that case, you should indicate the payment method you would want to make use of first.
The platform will now show you the details of the buying order you are about to complete. The amount your card will be charged in the currency you’ve selected, and the PAW (PAW) you will be credited.
Another detail of relevance in this overview is the sum you’ll be charged as a commision for making the transaction.
At this point you have 60 seconds to press "Confirm", otherwise the order will be automatically shut down.
After this, you will be sent to the bank platform the credit card has been issued by. Proceed exactly as you usually do when making a payment using your card on the bank website.
You can take a look at your Binance digital wallet (called the «Spot Wallet») after the banking procedure has been completed and you’ll find your recently purchased PAW (PAW) already there
Purchase PAW (PAW) through Binance P2P
That is a transaction made «Person To Person», i.e.: exchanging PAW (PAW)
with another Binance user. You should specify the payment method you wish to work with first.
- Go to your profile and click on "Security".
- Choose "Payment" from the menu on the left.
- Choose "Add a Payment Method" and the Binance system will guide you through the rest of the procedure.
Once you have configured the new payment method to your account, move to the "Buy Crypto" menu (upper bar of the navigator), select the "Trading P2P" option, and follow the instructions below:
- Click on the "Buy" option found on the upper bar of the "P2P Account" tab
- Here you can select the PAW (PAW) you’re interested in, among all those available for purchase through P2P operations. We use «USDT» in this example.Any PAW (PAW) purchased in P2P trading is allowed to be exchanged by any of the foreign currencies approved by Binance.
- Now you should choose the currency you want to use, for instance, «VES». Simply, place the list under the "Fiat" column.
- Use the "Amount" box to indicate the amount in VES you’d like to spend to purchase PAW (PAW).
- You will be able to see a register of traders’ offers a little while after you choose the payment method.
- From the list list shown, you can choose any of the traders. It is advisable to choose one with the «Verified» mark and better if a high percentage of completed sales is displayed.
- Now select "Buy USDT"
- Type the amount in VES you wish to pay
- Again, press "Buy USDT"
- Doing so will open an order where you will have connection with the trader. Pay within the established time and press "Transferred, Next", then press "Confirm".
Ways to transfer your PAW (PAW) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception acknowledge has been done.
You may see your wallet Binance balance to confirm reception.
Take into account that your PAW (PAW) must be in your Spot Wallet in order for you to purchase others, so you will need to move them there before.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order has been completed.
This PAW (PAW) internal transfer can be performed anytime later.
The right way to transfer your PAW (PAW) to the Spot Wallet
The seller, upon confirming money reception, will instantly release the PAW (PAW).
The place where PAW (PAW) are added to is your Binance wallet.
Take into account that your PAW (PAW) must be in your Spot Wallet in order for you to buy others, so you must move them there before.
To accomplish this, all you have to do is click on "Transfer to Spot Wallet" once the purchase order has been completed.
This PAW (PAW) internal movement can be carried out whenever you need.
- Drop the "Wallet" list down and select the "Wallet Funds" button.
- Then press "Transfer" button at the top right.
- Change 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 in this article we use «USDT»
- Set the cryptos you are sending for the Exchange and click "Confirm".
That’s it! Now you will have funds in the Spot Wallet and you will be able to buy any of the huge selection of PAW (PAW) that the Binance platform has.
Note how simple is to buy any crypto from Binance:
- In the upper section, loate the "Trading" option.
- From that listing select the "Convert" alternative.
- Fill in the box the amount of «USDT» you want to spend.
- Choose the crypto you would like to get.
- Press "Preview conversion".
- Confirm the transaction and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
That’s it! This way you will have money in the Spot Wallet and you will be able to trade any of the huge selection of PAW (PAW) within the Binance platform.
To purchase PAW (PAW) from Binance what you just have to do is the following:
- In the top section, look for the "Trading" menu.
- Pick "Convert" from the list.
- Indicate the sum of «USDT» you would like to invest.
- Now select the crypto you’re about to buy.
- Click on "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
Depending on the information above, you are now ready to start trading on Binance.
So, no time to waste, make a profitable business within the Binance platform.