Purchasing PosEx (PEX) on Binance
No doubt one of the leading trading platforms in the world today is Binance.
Understanding how to trade with PosEx (PEX) is crucial in case you want to begin operating on that platform.
Stay on this post and you’ll see everything you need to know about purchasing crypto on Binance.
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How to register on Binance
To be capable of buying PosEx (PEX) on Binance, the first thing you must know indeed is how to subscribe.
No complicated registration: just follow the guidelines below.
On the Binance homepage you must locate the "Register" option and click on it.

Access directly to Binance by pressing here.
At this point press the "Register with a phone or email" button.

This can also be done with any iOS mobile.
For the purpose of this guide, the email address registration technique will be shown.
- From the drop-down list of countries, select the one you reside.
- The next step is choosing a secure password. This is of vital importance since it’s all about your money, so you must to create a really strong one

- In this step you must accept "Terms of Service" and, if you would want to receive information, updates and news from Binance in your e-mail address, check in the corresponding box
The Binance platform will immediately send a one-time-only activation code (remember: this is NOT your password) that you’ll write it in the corresponding line, then click on "Send"
You’re now a Binance user!.
Take a time to become familiar with the different areas of the Binance platform by navigating through them.
That’s the best way to realize how practical the Binance platform is, and how fast you can begin trading PosEx (PEX).
The identity checking is a mandatory step you must fulfill to gain access to all those options.
Please, take into account that it is only after you have fulfilled this security step that you’ll get permission to begin trading PosEx (PEX).
In the next instructions, you’ll learn how to do that. Hassle-free.
Verify your account to get started trading
These are the instructions to verify your Binance subscription and get authorized to start trading:
From the user profile menu, select "Security"
Or simply look for the "Verify" button on the upper part of the navigator window

In the list shown on the left-hand side of the navigator window, pick the "Identification" option.
Country of residence must be chosen here.
Now, the three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.

To begin, click on "Start now" just under the "Verified" level.
Then a pop-up window will appear and there you should write the following data:
- Nationality.
- First Name and Last name.
- Second name and date of birth.
- Exact address of your residence.
Here, the Binance platform will ask you to show a legal document for identity verification.
passport, ID card or even a driver’s license will be enough to fulfill this requirement.
Now the platform will ask you to take a selfie under certain conditions.
Now you’ll have to wait for a short time while an account verification process takes place.
As soon as your profile has been approved, you will be informed via e-mail, just be patient.
The following instructions will guide you through the PosEx (PEX) buying process. As soon as you’ve got the confirmation email, you are a Binance authorized PosEx (PEX) trader.
Purchasing PosEx (PEX) on Binance
Now that you have registered on the Binance platform and have your account approved, you can begin trading.
Learning how to buy a PosEx (PEX) is actually quite easy.
Now you’ll need to present a legal document to sustain your identity.
passport, ID card or even a driver’s license are all valid documents to complete this formality.
Now, you will be asked to take a selfie, according to the application’s guidelines.
After fulfilling all those requirements, the Binance platform will perform a confirmation process on your account.
Now you have to wait until your profile has been accepted. Be patient, Binance is going to send you an e-mail.
Upon receiving that email it’s time to purchase PosEx (PEX), to do so see the guidelines below.
Purchasing PosEx (PEX) on Binance
Beginning your PosEx (PEX) trading experience has never been so easy, right?.
In this segment you’ll discover how easy is to convert money into PosEx (PEX).
You may have different alternatives throughout the process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.

You have to, of course, make this happen after you’ve logged into your account
Placing your mouse pointer over this option will display a list of alternatives for making your purchase.
The next step is to corroborate your identity using a legal document.
You can do this by using your passport, ID card, or driver’s license.
Now the system will ask you to take a selfie under certain conditions.
When you have completed the system’s requirements, you will have to wait a short time while your account is confirmed.
Now you have to wait until your application has been approved. Be patient, the platform will let you know via e-mail.
After that, it’s time to get PosEx (PEX), just see the instructions below.
Purchasing PosEx (PEX) on Binance
OK, account verified was all you needed to begin purchasing PosEx (PEX) immediately.
In this segment you’ll learn how simple is to make a purchase of PosEx (PEX).
Take into account that you may have different alternatives for this process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.

You must, of course, do that once you are signed into your account
See all the different purchase options just by hovering your mouse over this button.
Did you know you can use your debit or credit card for buying PEX?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Keep on reading for further directions:
In the next box, choose the currency you want to use and type the amount you are going to invest.

Next, select the PosEx (PEX) you are going to get
Once you do so, the system will automatically show you the number of PosEx (PEX) you’ll receive, taking into account the amount of USD you have recently stated.
Next, just adhere to the following directions:
In the next box, choose the currency you wish to buy with and specify the amount you want to invest.

In the next field you must choose the PosEx (PEX) you’d like to purchase
Once you do so, the system will automatically display the quantity of PosEx (PEX) you’ll get, according the amount of USD you’ve just specified.
Click on "Continue".
Now you must define your method of payment. To pay with your credit card, select in the "Visa/Mastercard" field the button "Add card".

CC details must be entered in this step, then click "Next".
The next field is intended to specify the address the credit card is associated to. Enter it exactly as it is, then choose "Add card".
With this step, your card will be added to the payment methods in your user profile. Click "Continue".
Next, all the important details of the operation will be displayed: the sum to be charged on your credit card and the corresponding currency, and of course, the cryptos you are going to get.
Another important detail in this snapshot is the percentage you’ll be charged as a commision for making the transaction.
In less than 1 minute press "Confirm", after that time the order will expire automatically.

The following step must be done on the credit card bank webpage. Follow the guidelines in the same way you would normally pay with your card.
After the banking process is complete, you are already in possession of the recently bought PosEx (PEX) in your Binance e-wallet (referred to as the «Spot Wallet»)
Buy PosEx (PEX) via Binance P2P
A different way to purchase crypto is to exchange it
with another user. Payment method is the first parameter you will add.
Next, all the relevant details of the transaction will be summarized: the amount you are paying and the corresponding currency, and obviously, the cryptos you are going to get.
It will also let you know the commission you will need to pay for the purchase.
In less than 1 minute press "Confirm", after that time the order will expire automatically.

After this, you’ll be redirected to the bank platform the credit card has been issued by. Follow the directions in the same way you would pay with your card.
Your recently purchased PosEx (PEX) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking procedure has been done
See how easy is how to purchase PosEx (PEX) via Binance P2P
You could buy PosEx (PEX) not only via a direct purchase, but trading them «Person To Person»
with another Binance user too. To get this done, the first step is to indicate which payment method you want to work with.

- Go to your profile and choose "Security".
- In the menu on the left-hand side click on "Payment".
- Click on "Add a Payment Method" and the system will guide you through the rest of the process.
Once the new payment method has been included in your profile, locate the "Buy Crypto" menu in the upper bar of the navigator, press on the "Trading P2P" button and follow the guidelines described below:
- Click the "Buy" button found on the top bar of the "P2P Account" tab
- Here you can select the PosEx (PEX) you want, among all those available for purchase via P2P trading. We use «USDT» for this example.Buying any crypto through P2P trading allows the user to exchange it on the Binance platform for any of the currencies available.
- Select the local currency you want to use from the drop-down menu under the "Fiat" label, for example, «VES».
- Use the "Amount" box to enter the sum in VES you’re going to invest to purchase PosEx (PEX).
- Once you have chosen the method of payment, the Binance system will show you a list of traders’ offers.
- Locate a trader from the list shown. We recommend that you pick a verified one with a high percentage of sales completed.
- Next select "Buy USDT"
- Type the amount in VES you want to invest
- Again, select "Buy USDT"
- A purchase order has been created and the seller and you will be able to contact each other for further details, if needed. You have a time limit to make the payment, if you fail doing so the order will be canceled by the system (and that’s bad for your reputation as a buyer). Once you paid, click on "Transferred, Next" and then press "Confirm".
How you can transfer your PosEx (PEX) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception acknowledge has been done.
You may check your wallet Binance balance to confirm reception.
But in case you want to get any other PosEx (PEX), you will need to transfer them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" right after the purchase order has been completed.
This PosEx (PEX) internal movement can be done anytime later.
Ways to transfer your PosEx (PEX) to the Spot Wallet
The seller, upon receiving your payment, will automatically release the PosEx (PEX).
So, they will quickly be added to your account balance.
Take into account that your PosEx (PEX) must be in your Spot Wallet in case you would want to buy others, so you will have to transfer them there before.
That’s easy: just click on "Transfer to Spot Wallet" once the buying order has been completed.
This PosEx (PEX) internal movement can be performed anytime later.

- Hover the mouse upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- Then click on the "Transfer" button on the upper right area of the navigator window.
- In the pop-up window, swap the «From» and «To» options to the following configuration:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have funds, in the example here we use «USDT»
- Enter the amount you are sending to the spot walet and press "Confirm".
That’s all! Now you will have funds in the Spot Wallet and you will be able to purchase any of the huge selection of PosEx (PEX) within the Binance platform.

Purchase any crypto from the Binance platform just following the steps detailed next:
- In the top section, select the "Trading" option.
- From that listing choose the "Convert" option.
- Enter the amount of «USDT» you want to spend.
- Now indicate the crypto you’re interested in.
- Press "Preview conversion".
- Confirm the operation and that’s all. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have funds available to trade any of the huge selection of PosEx (PEX) in the Binance platform.

Find out how simple is to buy any crypto from the Binance platform:
- Locate the "Trading" menu in the top top panel.
- Choose "Convert" from the list.
- Fill in the box the amount of «USDT» you wish to spend.
- Select the crypto you intend to get.
- Select "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the selected crypto in your Spot Wallet.
Based on this information, you are now ready to begin trading on the Binance platform.
So, no time to waste, make a worthwhile business within this cryptocurrency platform.