Purchasing POA Network (POA) on Binance
You can find a lot of trading platforms today on the ’net, but clearly Binance is among the most popular and innovative.
Understanding how to trade with POA Network (POA) is crucial if you want to get started operating on that platform.
This article will try to guide you about how to buy POA Network (POA) on the Binance POA Network (POA) platform.
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How to register on Binance
The only way to begin operating on Binance is subscribing to it.
Registering the Binance platform is easy: check the following guidelines.
On the Binance main page you must locate the "Register" button and click on it.
Here you have the direct access to Binance.
Look for the "Register with a phone or email" button in the homepage and press it.
The Binance platform is totally compatible with Apple mobile devices as well.
In this guide, we’ll will describe how to register with an e-mail.
- First, choose the country from the drop down list according to the one you’re living in.
- Now, write your email address and a keycode. Be well aware that you will invest your money, you have to give relevance to the password you choose
- Indicate if you wish to receive news and information directly from Binance in your inbox. Accept the "Terms of Service" and press "Create Account"
You surely have received an email in the address you’ve just used for registering on the Binance platform. In its text you’ll find a one-time-only activation code you’ll need to will enter in that page. Then click on "Send"
And that’s it! You are now and authorized subscriber of Binance.
You’ll see it’s simple to navigate the Binance platform and get to know all the options it has to offer.
That’s the best way to realize how friendly the Binance platform is, and how fast you can begin trading POA Network (POA).
The ID verification is a mandatory step you have to fulfill to gain access to all these options.
Please, be well aware that it will be only after you have completed this security measure that you’ll be able to begin trading POA Network (POA).
However, you don’t need to worry, continue reading the next section to know how to do it.
Verify your account to get started trading
Read the following guidelines and become an authorized customer:
Click on "Security" from the drop-down list under the user profile section
Another alternative is to go to the upper part of the screen and click on the "Verify" button
Look for the option "Identification" on the left part of the screen.
Country of residence must be picked here.
On this screen you’ll will immediately see 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Begin by choosing "Start now" just under the "Verified" level.
A new window will pop-up, and there you’re going to give your personal data: Nationality, first name and surname, second name and birth date. Also, make sure you type the exact address of your residence
The next step is to check your identity with a legal document.
You can do this by using your ID card, passport, or license.
Follow the system guidance to take a selfie.
Now you’ll have to wait for a short period while an account verification process is performed.
Once your profile has been accepted, you will be informed via e-mail, just be patient.
Congrats! Now you’re officially licensed to trade POA Network (POA). The following guidelines will be helpful.
Learn to purchase POA Network (POA) on Binance
Since you are subscribed to the Binance platform and got your account approved, you’re able to start trading.
Learning how to buy a POA Network (POA) is actually quite easy.
Next, you’ll need to present a legal document to corroborate your identity.
passport, ID card or even a license are all valid documents to complete this requirement.
Follow the system instructions to take a selfie.
After you have fulfilled the system’s requirements, you’ll have to wait a short time while your account is verified.
Now wait patiently, Binance is going to send you an e-mail as soon as your request has been accepted.
After that, it’s time to get POA Network (POA), just see the guidelines below.
Buying POA Network (POA) on Binance
So, account approved was all you needed to begin buying POA Network (POA) right now.
Understanding how to invest your money in POA Network (POA) is actually quite easy.
You may have more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.
You must, of course, do this once you are signed into your account
Uncover all the different buying options just by hovering your mouse over this button.
Next, you’ll need to use a legal document to check your identity.
Use your passport, ID card or even your driver’s license to complete this step.
In the next stage, you will be asked to take a selfie, following the application’s requirements.
Once those requirements have been completed, the Binance platform will carry out a verification process on your account.
When your application has been approved, Binance is going to let you know via email, just be patient.
Congratulations! Once you’ve received the confirmation you’re officially authorized to trade POA Network (POA). The following guidelines will be helpful.
Purchasing POA Network (POA) on Binance
All right, account validated means you can begin buying POA Network (POA) immediately.
The first step is to learn how to convert money into POA Network (POA).
Take into account that you have different options for this process
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Obviously, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this key will show a list of alternatives to make the purchase.
Buying POA Network (POA) with a credit/debit card
The first thing you must do to purchase the POA Network (POA) of your preference using a credit card, should be to select this method from the drop-down list labeled "Buy Cryptos".
These instructions will help you in the process:
In the next box, select the currency you want to buy with and specify the amount you are going to invest.
The the POA Network (POA) you’d like to purchase should be picked from the second field
The quantity of POA Network (POA) you’ll get will depend upon the amount of USD you have recently indicated. The Binance system will automatically display it.
The following instructions will help you in the process:
Currency to be used and how much you will invest must be defined here.
The the POA Network (POA) you would like to purchase must be indicated in the second field
The quantity of POA Network (POA) you are going to get will depend upon the amount of USD you have just specified. The Binance platform will automatically show it to you.
Now select "Continue".
If you’re going to pay with a credit card, choose in the "Visa/Mastercard" box the button "Add card".
Then the platform will ask you to type your credit card numbers.
Now state the physical address details for the card. Then select "Add card".
With this, your card will be added to the payment methods in your user profile. Press "Continue".
Next, you’ll be presented a quick view of the transaction about to be completed. It includes the sum you will pay, the chosen currency and the amount of POA Network (POA) you will receive.
Obviously, Binance will charge you a small amount as a commission for supporting the operation, and that will be shown in that summary also.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The following step has to be done on the credit card bank platform. Then you will complete a normal online payment using your credit card.
You can check your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking procedure has been finished to find your recently purchased POA Network (POA) already there
Learn how to buy POA Network (POA) through Binance P2P
Another option you have to buy a cryptocurrency is to exchange it
with another person. Method of payment is the first setting you must indicate.
The system will now display the synthesis of the purchase order you are generating. The amount you are paying in the currency you’ve picked, and the POA Network (POA) you will be given.
It will also indicate the commission will be charged for the operation.
Now you have to acknowledge the order clicking on the "Confirm" button within the next minute, or it will be automatically shut down.
The next step has to be carried out on the credit card banking system. Follow the directions in the same way you would generate a payment with your card.
You can take a look at your Binance e-wallet (called the «Spot Wallet») when the banking procedure is complete and you’ll see your recently purchased POA Network (POA) already there
See how easy is how to buy POA Network (POA) via Binance P2P
An alternative way to get crypto is to exchange it
with another user. In that case, you should add the payment method you wish to work with first.
- Go to your profile and click on "Security".
- In the menu on the left-hand side select "Payment".
- Click on "Add a Payment Method" and the Binance system will guide you through the rest of the procedure.
After the new payment method has been configured in your profile, locate the "Buy Crypto" menu on the upper part of the display, press on the "Trading P2P" option and follow the guidelines described below:
- Press the "Buy" option found on the top bar of the "P2P Account" menu
- The complete set of POA Network (POA) available for purchase via P2P operations will be displayed in this list, so you will be able to pick the one you’re interested in. In this guide, we will present «USDT».Any POA Network (POA) purchased in P2P trading is allowed to be exchanged by any of the currencies available on Binance.
- Now you should select the currency you want to pay with, for instance, «VES». Simply, see the drop-down menu under the "Fiat" column.
- Now you need to type the amount in VES you’re going to spend in the "Amount" box.
- After you’ve indicated the payment method, the system will display a register of traders’ ads.
- Any of the sellers shown in the list can be selected, although it is recommendable to select a verified one (see the blue diamond badge), and better, a high-volume seller (golden star badge).
- Now select "Buy USDT"
- Now the amount you would like to pay in VES must be input
- Click on "Buy USDT" again
- A purchase order has been opened and the trader and you will be able to contact each other for further details, in case you need it. You have a limited time to pay, if you fail doing so the order will be terminated by the platform (something not good for your reputation as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
How to transfer your POA Network (POA) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception acknowledge has been done.
The place where POA Network (POA) are deposited is your account wallet.
Note that you need to transfer them to your Spot Wallet in order for you to buy another crypto.
That’s quite simple: just click on "Transfer to Spot Wallet" once the buying order has been completed.
This POA Network (POA) internal transfer can be done anytime later.
The right way to transfer your POA Network (POA) to the Spot Wallet
Once you have made a payment to the trader, they will be able to release the POA Network (POA), by confirming invoice of the payment.
You may verify your wallet Binance balance to confirm reception.
Take into account that your POA Network (POA) must be in your Spot Wallet in order for you to purchase others, so you will have to transfer them there before.
You can move them immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
If you didn’t follow this step, don’t get worried, you can do it at any other time.
- Drop the "Wallet" list down and select the "Wallet Funds" button.
- The "Transfer" option is located on the upper right area of the screen. Press it.
- Set the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency in which you have money, in the example in this article we use «USDT»
- Input the cryptos you are transferring to the spot walet and click "Confirm".
That’s it! This way you will have money in the Spot Wallet so you will be able to trade any of the huge selection of POA Network (POA) within the Binance platform.
Purchase any cryptocurrency from Binance just following the steps detailed below:
- Find the "Trading" option in the top top section.
- From that list select the "Convert" option.
- Type the amount of «USDT» you want to spend.
- Now mark the cryptocurrency you’re about to get.
- Select "Preview conversion".
- Validate the operation and that’s it. You now will have the amount of the selected cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from buying any crypto you believe could be worthwhile.
Discover how simple is to buy any crypto from the Binance platform:
- Look for the "Trading" menu in the top upper panel.
- Select "Convert" from the list.
- Fill in the box the amount of «USDT» you would like to invest.
- Now indicate the cryptocurrency you’re about to purchase.
- Select "Preview conversion".
- Confirm the transaction and that’s it. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
This article surely pictured you a wide panorama of what Binance is and how you can do business with POA Network (POA) on it.
So, no need to think twice, make a profitable business in the Binance platform.