How to purchase RingFi (RING) on the Binance platform
You can find many trading platforms on the Internet nowadays, but undoubtedly Binance is among the most popular and reputed.
Understanding how to buy RingFi (RING) is vital if you’ would like to start trading on that platform.
For this reason, in this post we will provide you with all what you need to know to buy RingFi (RING) on the Binance crypto platform.
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How to register on Binance
To be able to buy RingFi (RING) on Binance, the initial step you have to know is how to register.
Hassle-free subscription: just follow the instructions listed below.
Search for the "Register" button in the Binance main page and click on it to start the registration process.
Here you have the direct access to Binance.
At this moment click on the "Register with a phone or email" button.
You can also do this using your Apple mobile.
In this guide, we’ll will show you how to suscribe using an e-mail address.
- In the screen that will be shown, select your country of residence from the drop down list.
- The next step is choosing a safety password. This is crucial since it’s all about your money, so you need to create a strong one
- Choose whether you would want to receive news and information directly from Binance to your email address. Accept the "Terms of Service" and press "Create Account"
See the inbox at the email address you used for subscription and look for the activation code exclusive of your account. Write it in the corresponding box and click on "Send"
Finally, your Binance enrollment has been activated.
It would be a nice idea to have a walk through the different areas of the Binance platform and get acquainted to them.
This way you canyou will be able to begin operating with RingFi (RING) without any trouble.
The ID checking is a required step you must fulfill to have access to all those options.
Warning: No RingFi (RING) operation will be permitted if you ignore this safety step.
In the following paragraphs, you’ll be guided about how to do it. Zero problems.
Verify your account to start out trading
Read the following instructions and become an authorized customer:
From the user profile menu, select "Security"
Or simply look for the "Verify" button on the upper part of the screen
Look for the option "Identification" on the left part of the screen.
Now you should select your country of residence.
Next you’ll will immediately see three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
To begin, you should choose "Verified", clicking on the "Start now" option below that label.
Then it displays a pop-up window in which you will need to tytpe the following information:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Exact address of your residence.
The next step is to corroborate your identity with a legal document.
ID card, passport or even a license are all valid documents to complete this requirement.
Now, you will be asked to take a selfie, following the application’s instructions.
Once you have completed the system’s requirements, you will have to wait a moment while your account is verified.
So, wait patiently, Binance will send you an e-mail when your request has been accepted.
Upon receiving that e-mail it’s time to buy RingFi (RING), just follow the guidelines below.
Buying RingFi (RING) on Binance
All right, account validated means you can begin buying RingFi (RING) right now.
In this section you’ll see how simple is to convert money into RingFi (RING).
The next step is to corroborate your identity with a legal document.
passport, ID card or even a license will be enough to complete this condition.
In the next step, you will have to take a selfie, according to the application’s guidance.
Once those requirements have been completed, the Binance platform will execute a confirmation process on your account.
When your profile has been accepted, Binance is going to let you know via email, just be patient.
Congrats! Once you’ve got the confirmation you’re officially enabled to buy RingFi (RING). See the guidelines that follow.
Purchasing RingFi (RING) on Binance
Since you are registered on the platform and got your account approved, you are able to begin trading.
First you need to figure out how to invest your money in RingFi (RING).
Some processes would probably have alternative paths
To find out which options are available to you when making a purchase, see the "Buy cryptos" menu on the Binance homepage.
You should, of course, do this after you’ve logged into your account
Hovering your mouse pointer over this button will display a list of alternatives for making the purchase.
It is time to sustain your identity using a legal document.
You can do this by using your ID card, passport, or license.
Follow the system guidance to take a selfie.
The final step is on Binance’s side: a certification process that will take only a short time.
So, be patient, Binance is going to send you an e-mail as soon as your profile has been accepted.
The following instructions will guide you through the RingFi (RING) trading process. As soon as you’ve received the confirmation email, you have become a Binance licensed RingFi (RING) trader.
Buying RingFi (RING) on Binance
Starting your RingFi (RING) trading career has never been so simple, right?.
In this section you’ll realize how simple is to make a purchase of RingFi (RING).
You will probably find different options throughout the process
Browse through the "Buy cryptos" menu on the Binance homepage to know which alternatives can be found when making a purchase.
You need to, of course, try this once you are signed into your account
Unveil all the different buying options just by hovering your mouse over this button.
Buying RingFi (RING) with a credit/debit card
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
After that, just carry out the following instructions:
Now you should pick the currency you want to use and enter how much you are going to invest.
The the RingFi (RING) you would like to get should be indicated in the second field
Taking into account the amount of USD you’ve just specified, the system will immediately show you the quantity of RingFi (RING) you’ll get.
Continue reading for further directions:
Currency to be used and amount of the investment must be indicated here.
In the second field you should select the RingFi (RING) you would like to purchase
When you do so, the system will automatically display the number of RingFi (RING) you are going to get, taking into account the amount of USD you’ve just specified.
Now select "Continue".
Now you must specify the method of payment you’ll use. To pay with your credit card, choose in the "Visa/Mastercard" field the button "Add card".
Then the platform will ask you to type your card data.
The next field is where you’ll enter the address the credit card is associated to. Type it exactly as it is, then press "Add card".
With this step, your credit card will be added to the valid methods of payment in your account. Click "Continue".
The next screen will display an overview of the operation about to be completed. That includes the amount your card will be charged, the selected currency and the amount of RingFi (RING) purchased.
Another detail of relevance in this quick view is the amount you’ll be charged as a commision for making the transaction.
Now you must acknowledge the order pressing the "Confirm" button within the following minute, or it will be automatically terminated.
The system will now reroute you to the credit card issuing bank. Proceed just as you usually do when making a normal online credit card payment.
Once the banking process has been completed, you’ll have your recently bought RingFi (RING) in your Binance digital wallet (called the «Spot Wallet»)
See how easy is how to purchase RingFi (RING) via Binance P2P
Another option you may use to get a cryptocurrency is to trade it
with another person. Payment method is the first setting you must state.
The next screen will display an overview of the transaction about to be completed. It includes the amount you are paying, the selected currency and the amount of RingFi (RING) you will be given.
Obviously, Binance will take a certain percentage as a commission for making the operation, and it will be shown in that quick view also.
You have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The following step needs to be carried out on the credit card bank platform. Follow the instructions in the same way you would normally pay with your credit card.
When the banking process is complete, you are already in possession of the recently bought RingFi (RING) in your Binance digital wallet (referred to as the «Spot Wallet»)
See how easy is how to buy RingFi (RING) through Binance P2P
You may get RingFi (RING) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber too. To get this done, the first step is to specify the payment method you wish to work with.
- Go to your account and press "Security".
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and click on it.
- After Selecting "Add a Payment Method" the Binance platform will guide you through the rest of the procedure.
Once the new payment method has been configured in your account, locate the "Buy Crypto" menu on the top bar of the navigator, click the "Trading P2P" button and follow the instructions described below:
- On the top bar of the "P2P Account" tab, select "Buy"
- Here you can pick the RingFi (RING) you would like to buy, among all those available for purchase through P2P trading. We use «USDT» for this example.Note that any RingFi (RING) bought in P2P trading is allowed to be exchanged by any of the foreign currencies approved by Binance.
- Select the local currency you want to use from the drop-down list under the "Fiat" label, for example, «VES».
- Now you must input the amount in VES you’re going to use in the "Amount" box.
- Choose the method of payment and wait for the system to display all of the traders that are currently offering RingFi (RING).
- Any of the traders displayed in the list can be selected, although it is advisable to choose a verified one (with the blue diamond badge), and even better, a high-volume seller (gold star badge).
- Now select "Buy USDT"
- Now the amount you would want to pay in VES must be input
- Click on "Buy USDT" again
- Now an order has been created and you’ll be able to contact the seller. Complete the payment, press "Transferred, Next", then press "Confirm". Be aware that there’s a limited time for you to make the payment.
Ways to transfer your RingFi (RING) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception acknowledge has been done.
So, they will quickly be deposited into your wallet.
Note that you need to transfer them to your Spot Wallet in order for you to get another cryptocurrency.
To achieve this, you only need to click on "Transfer to Spot Wallet" immediately after the buying order has been completed.
In the event you didn’t do this, don’t fear, you can move the cryptos later.
Ways to transfer your RingFi (RING) to the Spot Wallet
The seller, upon receiving your payment, will immediately release the RingFi (RING).
You may check your wallet Binance balance to confirm reception.
Take into account that your RingFi (RING) must be in your Spot Wallet in order for you to buy others, so you will have to transfer them there before.
To do this, all you have to do is press "Transfer to Spot Wallet" immediately after the buying order has been completed.
In case you didn’t follow this step, don’t worry, you can move the cryptos at any other moment.
- Drop the "Wallet" menu down and press on the "Wallet Funds" button.
- Then click on the "Transfer" button on the upper right area of the screen.
- Configure 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 right here we use «USDT»
- Input the cryptos you are moving for the Exchange and press "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from trading any cryptocurrency you believe might be worthwhile.
Note how easy is to purchase any crypto from Binance:
- In the top panel, select the "Trading" option.
- In the listing select the "Convert" option.
- Fill in the box the sum of «USDT» you wish to invest.
- Now mark the crypto you’re interested in.
- Press "Preview conversion".
- Confirm the operation and that’s all. You now will have the amount of the chosen crypto in your Spot Wallet.
With these money already in your Spot Wallet, don’t fear to buy any crypto you think could be profitable.
See how simple is to purchase any crypto from Binance:
- Look for the "Trading" option in the top top section.
- From the listing choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you want to invest.
- Now select the cryptocurrency you’re about to get.
- Click on "Preview conversion".
- Validate the operation and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
Based upon this information, you are now ready to commence trading on the Binance platform.
Cryptos are the future, and Binance is a secure and friendly platform to do business. Begin right now!