Purchasing Paypex (PAYX) on Binance
There are several trading platforms today on the ’net, but clearly Binance is one of the most popular and reputed.
Therefore, the first thing you should to do if you wish to get started operating on it is to understand how to get Paypex (PAYX).
Keep on reading this article and you will discover all what you need to know about buying crypto on Binance.
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Discover how to register on Binance
Registering on the Binance platform is the initial step you must complete.
Subscribing the Binance platform is easy: observe the following guidelines.
See a Binance homepage and click on the "Register" button.
Click here to go straight to the Binance platform.
In the Binance homepage you’ll find a button with the label "Register with a phone or email". Click on it.
This can also be done with any Apple device.
For the purpose of this article, the e-mail address subscription technique will be described.
- From the drop-down list of countries, select the one you reside.
- Now the extremely important step: password. Define a string of characters rare enough not to be easily guessed. Never use your name, birth date or things like that. Bear in mind that it’s your cash what will have to be protected by that password
- Now you must accept "Terms of Service" and, if you would want to receive information, updates and news from Binance in your email address, click in the corresponding box
Check the inbox of the email address you utilized for enrollment and look for the activation code exclusive of your Binance account. Type it in the corresponding box and press "Send"
And that’s all! You are now and authorized subscriber of Binance.
Take a time to become familiar with the different options of the Binance platform by visiting them.
This way you canit will be possible to start operating with Paypex (PAYX) very easily.
To gain access to those options, you have to complete the identity checking.
It is very important to note that until you fulfill this protection measure, you will not obtain permission to start operating with Paypex (PAYX).
No big deal, though. See the next paragraphs to fulfill that step.
How to complete the verification of your Binance account and begin trading
See the next guidelines and become a certified user:
On the main page, place the mouse pointer on the user profile menu and a list will immediately appear where you will have to click on "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Look for the option "Identification" on the left part of the navigator window.
Pick your Country of Residence.
Next, the three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Begin by selecting "Start now" located below the "Verified" level.
Then a pop-up window will appear and there you must write the following data:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Exact address of your residence.
Here, the Binance platform will require you to provide a legal document for identity verification.
ID card, passport or even a license will be enough to complete this requirement.
Follow the system instructions to take a selfie.
After completing all those steps, the Binance platform will perform a verification process on your account.
As soon as your application has been accepted, you’ll be notified via e-mail, just be patient.
Upon receiving that e-mail it’s time to buy Paypex (PAYX), to do so follow the instructions below.
Purchasing Paypex (PAYX) on Binance
OK, account verified means you can begin buying Paypex (PAYX) immediately.
In this segment you’ll realize how easy is to invest your money in Paypex (PAYX).
Now you’ll need to provide a legal document to support your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
Once those steps have been completed, the Binance system will carry out a verification process on your account.
Now you must wait until your application has been approved. Be patient, the platform is going to let you know via e-mail.
Congrats! Now you’re officially authorized to buy Paypex (PAYX). See the guidelines that follow.
Purchasing Paypex (PAYX) on Binance
Starting your Paypex (PAYX) trading career has never been so simple, right?.
Take a time to learn how to buy a Paypex (PAYX).
Some steps would probably have alternative paths
To find out which options are available to you when making a purchase, look for the "Buy cryptos" menu on the Binance main page.
You will need to, of course, do that once you are signed into your account
Hovering your mouse pointer over this key will display a list of alternatives to make your purchase.
It is time to corroborate your identity with a legal document.
passport, ID card or even a driver’s license will be enough to fulfill this requirement.
In the next stage, you will have to take a selfie, following the application’s guidelines.
The last step will be carried out by the Binance platform: a confirmation process that will just take a while.
Now you have to wait until your request has been approved. Be patient, Binance will let you know via email.
Congratulations! Now you’re officially enabled to operate with Paypex (PAYX). The following instructions will be helpful.
How to buy Paypex (PAYX) on Binance
Since you are subscribed to the platform and got your account validated, you’re OK to start trading.
The first step is to learn how to make a purchase of Paypex (PAYX).
Some processes might have alternative paths
Look for the "Buy cryptos" menu on the Binance main page to know which alternatives are available to you when making a purchase.
You have to, of course, do this after you’ve signed into your account
Uncover all the different purchase options just by hovering your mouse over this button.
Buying Paypex (PAYX) with a credit/debit card
Choose the credit card-related option from the "Buy Cryptos" drop-down menu.
The following guidelines will be helpful to continue the process:
Now you must pick the currency you want to buy with and type the amount you want to invest.
Next, choose the Paypex (PAYX) you’re going to buy
Once you do so, the platform will immediately display the number of Paypex (PAYX) you are going to be given, according the amount of USD you’ve recently invested.
Read on for further directions:
Currency to be used and how much to invest should be defined in the next box.
In the second field you must select the Paypex (PAYX) you would like to buy
After you do so, the system will automatically display the quantity of Paypex (PAYX) you’ll get, according the amount of USD you’ve just defined.
Click on "Continue".
To use your credit card as a payment method, select in the "Visa/Mastercard" box the option "Add card".
Then the system will ask you to type your card data.
The credit card’s address must be indicated next. Try not to err a single character, since you must write it exactly as it is, otherwise the card might not be approved. 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 system will now show you the details of the purchase order you are about to complete. The amount your card will be charged with the currency you have picked, and the Paypex (PAYX) you will get.
Indeed, Binance will charge you a certain percentage as a commission for supporting the operation, and that will be shown in that quick view as well.
Within the next 60 seconds press "Confirm", after that time the order will expire automatically.
After this, you’ll be redirected towards the site of the bank issuing the credit card. Follow the guidelines in the same way you would make a payment with your credit card.
When the banking procedure has been finished, you will get your recently purchased Paypex (PAYX) in your Binance e-wallet (referred to as the «Spot Wallet»)
Buy Paypex (PAYX) via Binance P2P
You could buy Paypex (PAYX) not only via a direct purchase, but trading them «Person To Person»
with another Binance trader too. Payment method is the first parameter you will state.
Next, all the relevant details of the transaction will be displayed: the sum you are paying and the corresponding currency, and obviously, the cryptos you are going to receive.
In fact, Binance will take a small amount as a commission for supporting the purchase, and that will appear in that overview also.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The following step must be carried out on the credit card banking platform. Proceed just as you do when making a normal online credit card payment.
Your recently purchased Paypex (PAYX) will be available in your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking process is complete
Learn how to purchase Paypex (PAYX) with Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging Paypex (PAYX)
with another Binance subscriber. In that case, you should add the payment method you would want to work with first.
- Go to your account and choose "Security".
- Choose "Payment" on the left-hand side of the screen.
- As soon as the "Add a Payment Method" option is chosen the system will guide you through the rest of the procedure.
Now that the new payment method has been added to your profile, go to the top bar of the navigator and hover on "Buy Crypto" to drop-down the list of options and press "Trading P2P". Then see the following guidelines:
- Click on the "Buy" option located on the upper bar of the "P2P Account" menu
- Here you can choose the Paypex (PAYX) you would like to buy, among all those available for buying via P2P trading. We will present «USDT» in this example.Any Paypex (PAYX) purchased via P2P trading could be exchanged by any of the currencies available on Binance.
- It is time to choose the currency you want to make the payment with, for instance, «VES». Simply, place the list under the "Fiat" label.
- Now you need to enter the sum in VES you’d like to spend in the "Amount" box.
- Choose the payment method and wait for the platform to display all of the dealers’ ads.
- From the list list shown, you may choose any of the traders. It is recommendable to choose one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Next select "Buy USDT"
- Now the amount you want to pay in VES must be entered
- Press "Buy USDT" once again
- Doing so will open a purchase order where you will have contact with the trader. Pay within the time limit and click on "Transferred, Next", then press "Confirm".
How you can transfer your Paypex (PAYX) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception acknowledge has been done.
This way, they will instantly be deposited into your wallet.
NB: you must transfer them to your Spot Wallet in order for you to get another cryptocurrency.
That’s quite simple: just click on "Transfer to Spot Wallet" once the purchase order is completed.
If you forget to do this right after the purchase, there’s nothing to worry about: you’ll be able to do it later.
The right way to transfer your Paypex (PAYX) to the Spot Wallet
The trader, upon confirming money reception, will instantly release the Paypex (PAYX).
You may see your wallet Binance balance to confirm reception.
But in order for you to buy any other Paypex (PAYX), you will need to move them to your Spot Wallet.
You can move them immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
If you forget to follow this step right after the purchase, no problem at all: you’ll be able to do it at any moment.
- Drop the "Wallet" menu down and click on the "Wallet Funds" button.
- Next press "Transfer" option on the upper right area of the screen.
- Change the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Enter the cryptos you are moving to the spot walet and press "Confirm".
That’s all! This way you will have money in the Spot Wallet and you will be able to trade any of the huge selection of Paypex (PAYX) within the Binance platform.
Purchase any cryptocurrency from Binance just following the steps described next:
- Look for the "Trading" option in the top upper section.
- Click on "Convert" from the list.
- Input the amount of «USDT» you wish to invest.
- Choose the cryptocurrency you intend to purchase.
- Choose "Preview conversion".
- Confirm the transaction and that’s it. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you consider will be worthwhile.
To buy Paypex (PAYX) from the Binance platform what you just have to do is the following:
- In the upper section, loate the "Trading" menu.
- Pick "Convert" from the list.
- Fill in the box the amount of «USDT» you want to spend.
- Now indicate the crypto you’re about to purchase.
- Press "Preview conversion".
- Confirm the transaction and that’s all. You now will have the funds of the selected crypto in your Spot Wallet.
You’ve already learned how simple is to start doing business with Paypex (PAYX) on Binance.
So, no need to think twice, make a fruitful business within the Binance platform.