Learn how to purchase Phaeton (PHAE) on the Binance platform
Undoubtedly one of the world’s top trading platforms nowadays is Binance.
Therefore, the first thing you need to to do if you wish to start out trading on it is to discover ways to purchase Phaeton (PHAE).
Before entering the wonderful realm of cryptocurrency within the Binance platform, you must know the following.
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Discover how to register on Binance
There’s only way to begin operating within Binance: opening an account in it.
Just follow each one of the instructions listed below.
Search for the "Register" option in the Binance main page and press on it to begin the registration process.
Press here to go straight to the Binance platform.
Now press the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple devices as well.
Here we’ll will describe the registration process using an email address.
- In the window you’ll immediately see, choose your country of residence from the drop-down list.
- Now the vital step: password. Create a string of characters difficult enough not to be easily guessed. Never use your birth date, middle name or things like that. Be well aware that it’s your cash what will be protected by that word
- Whether you would want to be updated periodically via e-mail about Binance news, mark in the corresponding box. Next, you must accept the "Terms of Service" and that’s almost all. Your account has been created Now it only needs to be verified via email
Binance will immediately send an activation password (NB: this is NOT the password you’ve created) that you’ll type it in the corresponding box, then press "Send"
Finally, your Binance subscription has been activated.
Now you may navigate the Binance platform and get to know all the options it has to offer.
You’ll immediately notice how easy is to begin operating with Phaeton (PHAE).
Complete the required ID checking to enable all those options.
It is very important to notice that until you fulfill this safety measure, you’ll not obtain permission to begin operating with Phaeton (PHAE).
But no need to worry, read the following instructions to find out how to do it.
How to verify your Binance account and get started on trading
These are the guidelines to verify your Binance subscription and get the authorization to start trading:
Click on "Security" from the drop-down list under the user profile button
Another alternative is to go to the top of the screen and press the "Verify" button
In the list shown on the left-hand part of the screen, select the "Identification" option.
Now you should pick your country of residence.
Next you’ll will immediately see three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
To begin, click on "Start now" just under the "Verified" level.
In this step, some personal data is required:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Residence address (exact).
- Middle name and date of birth.
- Second name and birth date.
Now you’ll have to to present a legal document to check your identity.
You can do this with your ID card, passport, or license.
Follow the system guidance to take a selfie.
Now you’ll have to wait for a short time while an account confirmation process is performed.
Now you have to wait until your application has been approved. Be patient, Binance is going to send you an e-mail.
The following instructions will guide you through the Phaeton (PHAE) trading process. As soon as you’ve received the confirmation e-mail, you’re a Binance authorized Phaeton (PHAE) trader.
How to buy Phaeton (PHAE) on Binance
So, account validated was all you needed to begin buying Phaeton (PHAE) immediately.
First you need to know how to buy a Phaeton (PHAE).
Here, the Binance platform will ask you to provide a legal document for identity verification.
You can do this by using your passport, ID card, or driver’s license.
Now, you will have to take a selfie, following the platform’s requirements.
The last step is on Binance’s side: a confirmation process that will take only a short time.
All you need to do is wait patiently, Binance is going to let you know via email as soon as your application has been accepted.
Upon receiving that email it’s time to acquire Phaeton (PHAE), to do so follow the instructions below.
Purchasing Phaeton (PHAE) on Binance
Now that you are registered on the Binance platform and got your account verified, you’re OK to start trading.
First you need to discover how to buy a Phaeton (PHAE).
You may find more than one option throughout the process
See the "Buy cryptos" menu on the Binance main page to find out which options you have when making a purchase.
You have to, of course, do that once you are signed into your account
Hovering your mouse pointer over this button will show a list of alternatives to make your purchase.
It is time to corroborate your identity using a legal document.
ID card, passport or even a driver’s license are all valid documents to fulfill this formality.
In the next step, you will be asked to take a selfie, according to the application’s guidelines.
Now you’ll have to wait for a short time while an account confirmation process takes place.
As soon as your profile has been accepted, Binance will send you an email, just be patient.
The following instructions will guide you through the Phaeton (PHAE) purchasing process. As soon as you’ve got the confirmation e-mail, you have become a Binance licensed Phaeton (PHAE) trader.
Learn to purchase Phaeton (PHAE) on Binance
All right, account confirmed means you can begin purchasing Phaeton (PHAE) immediately.
Learning how to buy a Phaeton (PHAE) is actually quite easy.
You may find more than one option throughout the process
See the "Buy cryptos" menu on the Binance homepage to find out which alternatives you have when buying.
Needless to say you must log into your account to be able to do this
Hovering your mouse pointer over this option will display a list of alternatives for making your purchase.
Did you know you can use your debit or credit card to purchase cryptos?
Select the credit card-related option from the drop-down menu labeled "Buy Cryptos".
After that, just adhere to the following instructions:
Currency preferred and how much to invest must be indicated in the next box.
Next, pick the Phaeton (PHAE) you are going to purchase
The number of Phaeton (PHAE) you are going to get will depend upon the amount of USD you’ve recently specified. The Binance platform will automatically display it.
Keep on reading for further instructions:
In the next box, select the currency you want to buy with and indicate how much you want to invest.
In the next field you must select the Phaeton (PHAE) you’d like to get
Considering the amount of USD you have recently defined, the system will automatically show you the number of Phaeton (PHAE) you will be given.
Now select "Continue".
To use your credit card as a payment method, go to the "Visa/Mastercard" field and press the "Add card" button.
Then the system will prompt you to type your card data.
Your credit card’s associated address must be indicated next. Be very careful, since you must enter it exactly as it is, otherwise your card won’t be approved. Then choose "Add card".
Press "Continue" after you notice your card has been successfully added to your account as a new payment method.
The system will now show you the synthesis of the buying order you are about to complete. The sum your card will be charged in the currency you’ve chosen, and the Phaeton (PHAE) you will receive.
It will also state the commission you must pay for the operation.
At this point you have 1 minute to press "Confirm", otherwise the order will automatically expire.
The following step has to be carried out on the credit card bank webpage. Follow the instructions in the same way you would normally generate a payment with your credit card.
Your recently bought Phaeton (PHAE) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») when the banking procedure is complete
Know how to purchase Phaeton (PHAE) via Binance P2P
That is a transaction made «Person To Person», i.e.: exchanging Phaeton (PHAE)
with another Binance subscriber. To achieve this, the first step is to define which payment method you would want to use.
Next, all the important details of the operation will be presented: the amount to be charged on your credit card and the corresponding currency, and obviously, the cryptos you will receive.
Certainly, Binance will charge you a certain percentage as a commission for supporting the operation, and that will appear in that summary as well.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The system will now redirect you to the bank issuing the credit card. Proceed just as you do when making a normal online credit card payment.
You can take a look at your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking process has been done and you’ll find your recently purchased Phaeton (PHAE) already there
Purchase Phaeton (PHAE) with Binance P2P
You could buy Phaeton (PHAE) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance user too. To do this, the first step is to specify which payment method you would want to make use of.
- Go to your account and press "Security".
- Select "Payment" on the left-hand side of the screen.
- After choosing "Add a Payment Method" the system will guide you through the rest of the procedure.
Now that the new method of payment has been added to your profile, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the menu and choose "Trading P2P". Then see the following steps:
- Locate the "Buy" option on the upper bar of the "P2P Account" menu and click it
- Here you can choose the Phaeton (PHAE) you’re interested in, among all those available for purchase via P2P operations. We present «USDT» for this example.Purchasing any crypto through P2P trading allows the user to exchange it on the Binance platform for any of the foreign currencies available.
- Locate the "Fiat" label on the upper tabs and deploy the drop-down list to find all available currencies. Let’s use «VES» in this example.
- In the "Amount" box, input the amount in VES you would like to buy with.
- You will be able to see a list of dealers offering cryptos as soon as you choose the payment method.
- Select a seller from the displayed list. We recommend that you pick one that is verified and has a high completed sales rate.
- Next press "Buy USDT"
- Enter the amount in VES you would want to pay
- Press "Buy USDT" 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 complete, if you fail doing so the order will be terminated by the system (and that’s not good for your rating as a buyer). Once you have paid, click on "Transferred, Next", then press "Confirm".
Ways to transfer your Phaeton (PHAE) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as payment reception acknowledge has been done.
You may see your wallet account balance to confirm reception.
Note that you need to send them to your Spot Wallet in order for you to purchase another crypto.
To accomplish this, you only need to press "Transfer to Spot Wallet" once the buying order has been completed.
This Phaeton (PHAE) internal movement can be done whenever you need.
The right way to transfer your Phaeton (PHAE) to the Spot Wallet
Once you have completed a payment to the seller, they will be able to release the Phaeton (PHAE), by confirming invoice of the payment.
The place where Phaeton (PHAE) are added to is your Binance wallet.
Nonetheless, you need to transfer them to your Spot Wallet in order for you to buy any other crypto.
That’s easy: just press "Transfer to Spot Wallet" once the purchase order has been completed.
In the event you didn’t do this, don’t worry, you can move the cryptos at any other time.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- Locate the "Transfer" button on the upper right area of the navigator window and press it.
- A pop-up window will open, where you must set the options to:
- From: «Funds»
- To: «Fiat and Spot»
- For this article, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Enter the amount you are moving for the Exchange and press "Confirm".
With these money already in your Spot Wallet, don’t fear to purchase any cryptocurrency you think will be worthwhile.
Buy any cryptocurrency from the Binance platform just following the steps described below:
- Find the "Trading" option in the top top section.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Choose the cryptocurrency you would like to purchase.
- Press "Preview conversion".
- Confirm the transaction and that’s all. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
All right! Now you have funds available to trade any of the numerous Phaeton (PHAE) in the Binance platform.
See how easy is to purchase any cryptocurrency from the Binance platform:
- In the upper section, look for the "Trading" option.
- In the listing select the "Convert" option.
- Enter the sum of «USDT» you want to invest.
- Select the cryptocurrency you intend to get.
- Press "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the selected crypto in your Spot Wallet.
Based upon this information, you are now ready to begin trading on Binance.
The future of money trading relies on Phaeton (PHAE)., and Binance is a secure and practical place to do business. Begin right now!