How to buy Rubycoin (RBY) on Binance
You can find many trading platforms today on the WWW, but certainly Binance is one of the most popular and innovative.
Learning how to purchase Rubycoin (RBY) is essential if you need to start out trading on that platform.
This article will try to teach you on how to buy Rubycoin (RBY) on the Binance Rubycoin (RBY) exchange.
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Figure out how to register on Binance
The only way to begin operating on Binance is opening an account in it.
Simply follow each one of the guidelines below.
Search for the "Register" option in the Binance homepage and press on it to start the registration process.
Here you have the direct link to Binance.
Right now press the "Register with a phone or email" button.
You can also do this using your iOS phone.
For the purpose of this guide, the e-mail address subscription process will be explained.
- In the window you’ll immediately see, select your country of residence from the drop down list.
- Now, write your e-mail address and a safety password. Be well aware that you will trade money, so you have to give relevance to the password you set up
- If you would want to be updated periodically via email about Binance news, check in the corresponding box. Next, you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Now it only needs to be verified via email
Binance will automatically send an activation password (remember: this is NOT your password) that you’ll enter it in the corresponding line, then press "Send"
And that’s it! You are now subscribed to Binance.
You can now navigate the Binance platform and review all the options it offers.
That’s the best way to understand how practical the Binance platform is, and how quick you can begin operating with Rubycoin (RBY).
Fulfill the required identity verification to enable all those options.
Notice: No Rubycoin (RBY) operation will be allowed if you ignore this security measure.
No big deal, though. Continue reading through the next instructions to fulfill that step.
Learn to complete the verification of your account and start trading
To be an authorized user you have to complete the steps described below:
On the main screen, hover the mouse on the user profile option and a list will immediately show up where you will have to click on "Security"
You may also press "Verify" button on the upper part of the navigator window
Go to "Identification" on the left options list.
Select your Country of Residence.
It will display you 3 levels of verification: the current one, the Verified, and the Verified Plus.
To begin, you should select "Verified", clicking on the "Start now" option under it.
Then it will appear a pop-up window in which you must tytpe the following information:
- Nationality.
- First Name and Surname.
- Second name and birth date.
- Exact address of your residence.
Next, you’ll have to to provide a legal document to verify your identity.
You can do this with your ID card, passport, or license.
Now the platform will require you to take a selfie under certain conditions.
The last step will be made by the Binance system: a confirmation process that will just take a while.
As soon as your profile has been approved, you’ll be notified via e-mail, just be patient.
Upon receiving that email it’s time to acquire Rubycoin (RBY), to do so follow the guidelines below.
How to buy Rubycoin (RBY) on Binance
All right, account verified was all you needed to begin buying Rubycoin (RBY) right now.
In this segment you’ll see how simple is to buy a Rubycoin (RBY).
The next step is to verify your identity with a legal document.
You can do this by using your passport, ID card, or license.
Now the platform will require 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.
When your application has been accepted, Binance will send you an e-mail, just be patient.
Upon receiving that email it’s time to get Rubycoin (RBY), just follow the instructions below.
How to purchase Rubycoin (RBY) on Binance
Since you have registered on the platform and got your account approved, you can start trading.
The first step is to know how to invest your money in Rubycoin (RBY).
You may have more than one option throughout the process
To know which options you have when making a purchase, see the "Buy cryptos" menu on the Binance main page.
You have to, of course, make this happen once you are logged into your account
Move your mouse on this button and a list of buying alternatives will deploy.
At this point, the Binance platform will ask you to provide a legal document for identity verification.
Use your passport, ID card or even your license to complete this step.
Follow the system instructions to take a selfie.
Now you will have to wait for a short time while an account confirmation process is performed.
Now you must wait until your application has been approved. Be patient, Binance will let you know via e-mail.
After that, it’s time to purchase Rubycoin (RBY), just see the guidelines below.
Buying Rubycoin (RBY) on Binance
Since you are registered on the Binance platform and got your account verified, you’re able to begin trading.
In this segment you’ll learn how easy is to invest your money in Rubycoin (RBY).
Some steps would probably have optional paths
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Obviously, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this option will display a list of alternatives for making your purchase.
Buying Rubycoin (RBY) using a credit/debit card
What you will do to buy the Rubycoin (RBY) you want using a credit card, is to select this method from the drop-down menu labeled "Buy Cryptos".
Next, just observe the following directions:
Currency preferred and how much you’ll invest must be stated in the next box.
In the second field you should choose the Rubycoin (RBY) you wish to purchase
Taking into account the amount of USD you have just specified, the system will immediately display the number of Rubycoin (RBY) you will get.
The following guidelines will be helpful to continue the process:
Now you should select the currency you want to use and enter the amount you are going to invest.
The the Rubycoin (RBY) you intend to get should be chosen from the second field
The quantity of Rubycoin (RBY) you will receive will depend upon the amount of USD you have recently indicated. The Binance system will automatically show it to you.
Click "Continue".
In case you want to pay with a credit card, choose in the "Visa/Mastercard" box the button "Add card".
Card data must be entered in this step, then click "Next".
Your credit card’s associated address should be indicated next. Try not to err a single character, since you’ll need to enter it exactly as it is, otherwise your card might not be approved. Then choose "Add card".
With this, your card will be added to the payment methods in your account. Click "Continue".
The system will now display the synthesis of the order you are generating. The amount your card will be charged with the currency you’ve picked, and the Rubycoin (RBY) you will be credited.
Certainly, Binance will take a certain percentage as a commission for supporting the purchase, and it will appear in that overview as well.
Within the next 60 seconds press "Confirm", there after the order will be automatically aborted.
The next step has to be done on the credit card bank webpage. Follow the instructions in the same way you would generate a payment with your credit card.
You may take a look at your Binance e-wallet (referred to as the «Spot Wallet») once the banking procedure is complete to see your recently purchased Rubycoin (RBY) already there
Learn how to buy Rubycoin (RBY) via Binance P2P
A different way to purchase a cryptocurrency is to trade it
with another trader. To accomplish this, the first step is to state the payment method you would want to apply.
Next, you’ll be presented a snapshot of the operation in its final stage. It includes the amount your card will be charged, the selected currency and the quantity of Rubycoin (RBY) purchased.
Another important detail in this summary is the sum you’ll be charged as a commision for making the transaction.
You have 1 minute to press "Confirm", otherwise the order will automatically expire.
The platform will now send you to the credit card issuing bank. Then you will make a normal online payment with your credit card.
Your recently purchased Rubycoin (RBY) will be credited to your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking procedure has been finished
Learn how to buy Rubycoin (RBY) via Binance P2P
Another option you may use to purchase a cryptocurrency is to trade it
with another trader. Method of payment is the first parameter you must indicate.
- Go to the "Security" panel of your profile.
- Select "Payment" from the menu on the left.
- Click on "Add a Payment Method" and the Binance system will guide you through the rest of the process.
After the new payment method has been added to your account, locate the "Buy Crypto" menu in the top bar of the navigator, press on the "Trading P2P" option and follow the steps described below:
- Locate the "Buy" button on the top bar of the "P2P Account" menu and click it
- Here you can select the Rubycoin (RBY) you would like to buy, among all those available for purchase via P2P trading. We use «USDT» in this example.It is important to note that when you buy any crypto via P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Locate the "Fiat" column on the upper tabs and deploy the drop-down list to see all available currencies. Let’s use «VES» in this example.
- Use the "Amount" box to enter the amount in VES you’re going to use to buy Rubycoin (RBY).
- You will see a list of dealers’ ads a little while after you select the payment method.
- Any of the sellers shown in the list can be chosen, although it is advisable to select a verified one (see the blue diamond mark), and even better, a high-volume seller (gold star badge).
- Select "Buy USDT"
- Write the amount in VES you want to pay
- Click on "Buy USDT" again
- A purchase 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 pay, otherwise the order will be aborted by the platform (something bad for your rating as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
Tips on how to transfer your Rubycoin (RBY) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception acknowledge has been done.
You may verify your wallet Binance balance to confirm reception.
Take into account that your Rubycoin (RBY) must be in your Spot Wallet in order for you to get others, so you will have to move them there before.
To achieve this, you only need to press "Transfer to Spot Wallet" once the purchase order has been completed.
In the event you didn’t follow this step, don’t get worried, you can do it at any other time.
Tips on how to transfer your Rubycoin (RBY) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception acknowledge has been done.
You may see your wallet account balance to confirm reception.
Note that you need to transfer them to your Spot Wallet in case you would want to get another crypto.
You can do this immediately right after the buying order has been completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t follow this step, don’t fear, you can do it later.
- Drop the "Wallet" list down and press on the "Wallet Funds" button.
- The "Transfer" button is located on the upper right area of the screen. Press it.
- In the pop-up window, swap the «From» and «To» options to the following configuration:
- From: «Funds»
- To: «Fiat and Spot»
- Choose the currency in which you have funds, in the example in this article we use «USDT»
- Set the amount you are moving for the Exchange and press "Confirm".
That’s it! Now you will have money in the Spot Wallet and you will be able to purchase any of the numerous Rubycoin (RBY) that the Binance platform has.
Note how easy is to purchase any crypto from Binance:
- Find the "Trading" option in the top upper panel.
- Select "Convert" from the list.
- Indicate the sum of «USDT» you would like to invest.
- Select the cryptocurrency you wish to buy.
- Click on "Preview conversion".
- Validate the transaction and that’s it. You will have the amount of the selected cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, don’t fear to buy any cryptocurrency you believe might yield the greatest profit.
Discover how easy is to buy any crypto from the Binance platform:
- Select the "Trading" option in the upper section.
- Pick "Convert" from the list.
- Indicate the sum of «USDT» you would like to spend.
- Choose the cryptocurrency you intend to purchase.
- Click on "Preview conversion".
- Validate the operation and that’s it. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
This text have surely pictured you a detailed overview of what Binance is and how you can do business with Rubycoin (RBY) on it.
Don’t wait any more and start generating an extra income.