Learn how to purchase SEED (SEED) on Binance
Binance is one of the top-notch trading platforms in the world.
But if you want to get started trading on it, the first thing you must do is to discover ways to get SEED (SEED).
That’s why in this post we’ll provide you with all what you need to know to trade with SEED (SEED) on the Binance cryptocurrency platform.
----
How to register on Binance
To be capable of buying SEED (SEED) on Binance, the vital thing you must know indeed is how to open your account.
To do so, you need to follow each of the steps listed below.
Go to the Binance main page and press on the "Register" option.
Here you have the direct link to Binance.
Locate the "Register with a phone or email" button in the homepage and click on it.
The Binance platform is totally compatible with iOS mobile devices as well.
In this article we’ll will show you the registration process using an email address.
- First, pick the country from the drop down list according to your place of residence.
- The next step is picking a safety password. This is vital since it’s all about your money, so you have to create a really robust one
- If you want to be updated periodically via e-mail about Binance news, mark in the corresponding option. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Now it just needs to be verified via e-mail
See the inbox in the email address you indicate at registration and search the activation code for your account. Write it in the corresponding line and click on "Send"
Finally, your Binance subscription has been activated.
It would be a nice idea to browse the different options of the Binance platform and become familiar with them.
This way you canit is possible to start operating with SEED (SEED) quickly.
Complete the required identity verification to enable all these options.
Please, note that it is only after you have completed this security measure that you’ll get permission to begin trading SEED (SEED).
In the following paragraphs, you’ll be guided on how to do that. Hassle-free.
Verify your account to start out trading
To be an authorized end user you have to complete the next steps:
From the user profile menu, choose "Security"
You may also press "Verify" button on the upper part of the screen
Look for the option "Identification" on the left part of the screen.
Choose your Country of Residence.
The platform shows you 3 levels of verification: the one you already have, the Verified, and the Verified Plus.
Begin by selecting "Start now" located near the "Verified" level.
Then a pop-up window will appear and there you will need to write the following information:
- Nationality.
- First and Last Name.
- Middle name and birth date.
- Exact address of your residence.
Next, you’ll have to to use a legal document to support your identity.
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.
The final step is on Binance’s side: a verification process that will take only a short time.
As soon as your application has been approved, you will be notified via email, just be patient.
Congrats! As soon as you’ve got the confirmation you’re officially authorized to trade SEED (SEED). The following guidelines will be helpful.
Purchasing SEED (SEED) on Binance
Since you have registered on the Binance platform and have your account confirmed, you can begin trading.
First you need to learn how to convert money into SEED (SEED).
At this point, the Binance platform will ask you to provide a legal document for identity corroboration.
ID card, passport or even a driver’s license will be enough to fulfill this formality.
Follow the system guidance to take a selfie.
Once you have fulfilled the platform’s guidelines, you’ll have to wait a moment while your account is confirmed.
Now you must wait until your application has been approved. Be patient, the system is going to let you know via email.
Congrats! Now you’re officially licensed to buy SEED (SEED). The following guidelines will be helpful.
How to buy SEED (SEED) on Binance
Now that you are subscribed to the platform and got your account confirmed, you can start trading.
Take a time to know how to invest your money in SEED (SEED).
You will probably have more than one option throughout the process
To find out which options can be found when making a purchase, browse through the "Buy cryptos" menu on the Binance main page.
Needless to say you must login to your account to be able to do this
Hovering your mouse pointer over this key will display a list of alternatives to make your purchase.
Here, the Binance platform will ask you to use a legal document for identity corroboration.
Use your ID card, passport or even your license to complete this step.
In the next step, you will have to take a selfie, according to the platform’s guidelines.
Once those requirements have been completed, the Binance system will do a verification process on your account.
Once your application has been approved, the system is going to send you an email, just be patient.
Upon receiving that e-mail it’s time to get SEED (SEED), just see the guidelines below.
Buying SEED (SEED) on Binance
So, account approved means you can begin buying SEED (SEED) right now.
In this section you’ll realize how easy is to make a purchase of SEED (SEED).
Some steps might have optional paths
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, do this once you are signed into your account
Place your mouse on this button and a list of buying alternatives will deploy.
Buying SEED (SEED) using a credit/debit card
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
These instructions will be helpful to continue the process:
Now you should choose the currency you’d like to buy with and type how much you are going to invest.
Next, select the SEED (SEED) you are going to buy
Considering the amount of USD you have previously stated, the platform will immediately show you the number of SEED (SEED) you’ll be given.
These guidelines will help you in the process:
Now you must choose the currency you’d like to buy with and indicate the amount you are going to invest.
In the second field you must choose the SEED (SEED) you wish to purchase
The number of SEED (SEED) you’ll get will depend upon the amount of USD you’ve recently stated. The Binance platform will immediately show it to you.
Click on "Continue".
If you decided to pay with a credit card, go to the "Visa/Mastercard" box and press the "Add card" option.
Then the platform will ask you to type your CC numbers.
In this step you must specify the address associated to the credit card. Type it exactly as it is, then select "Add card".
Click "Continue" after you check your card has been successfully included in your account as a new method of payment.
The system will now show you the summary of the purchase order you are about to complete. The amount you will pay with the currency you’ve picked, and the SEED (SEED) you will get.
Indeed, Binance will take a small amount as a commission for making the operation, and it will appear in that quick view as well.
You have 60 seconds to click on "Confirm", otherwise the order will be automatically terminated.
The next step needs to be done on the credit card banking platform. Follow the steps in the same way you would pay with your credit card.
Your recently purchased SEED (SEED) will be available in your Binance e-wallet (referred to as the «Spot Wallet») once the banking process is complete
Purchase SEED (SEED) via Binance P2P
You can buy SEED (SEED) not only via a direct purchase, but trading them «Person To Person»
with another Binance trader too. You should state the payment method you would want to use first.
Next, all the relevant details of the operation will be summarized: the amount to be charged on your credit card and the corresponding currency, and obviously, the cryptos you will receive.
Another important detail in this overview is the sum you’ll be charged as a commision for making the operation.
Now you have to certify the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically canceled.
The platform will now send you to the credit card issuing bank. Proceed just as you usually do when making a payment with your card on the bank website.
You may take a look at your Binance digital wallet (referred to as the «Spot Wallet») when the banking process has been finished to find your recently purchased SEED (SEED) already there
Buy SEED (SEED) via Binance P2P
This means «Person To Person», i.e.: exchanging SEED (SEED)
with another Binance subscriber. To do this, the first step is to state which payment method you wish to use.
- Go to your account and select "Security".
- Look for the "Payment" option in the menu you’ll see from the menu on the left and choose it.
- Click the "Add a Payment Method" button and follow the system instructions.
Now that the new payment method has been added to your profile, go to the top part of the display and hover on "Buy Crypto" to drop-down the list of options and click on "Trading P2P". Then see the following guidelines:
- Look for the "Buy" button on the top bar of the "P2P Account" tab and press it
- This bar contains the list of SEED (SEED) available for buying via P2P trading. Pick the one you want, in our case we will present «USDT» as an example.It is important to note that when you purchase any crypto through P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- It is time to select the local currency you want to make the payment with, for instance, «VES». To do this, place the list under the "Fiat" label.
- Use the "Amount" box to indicate the amount in VES you’d like to spend to purchase SEED (SEED).
- Once you have defined the payment method, the Binance system will display a register of dealers’ offers.
- Any of the traders shown 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).
- Click on "Buy USDT"
- In this step, the amount you would like to pay in VES must be entered
- Again, click on "Buy USDT"
- A purchase order has been created and the trader and you will be able to contact each other for details, if needed. You have a limited time to complete, if you fail doing so the order will be canceled by the platform (and that’s bad for your rating as a buyer). Once you paid, click on "Transferred, Next" and then press "Confirm".
How to transfer your SEED (SEED) to the Spot Wallet
The seller, upon validating money reception, will immediately release the SEED (SEED).
The default place where SEED (SEED) are transferred to is your Binance wallet.
Take into account that your SEED (SEED) must be in your Spot Wallet in order for you to buy others, so you need to send them there before.
You can move them immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
If you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it later.
Ways to transfer your SEED (SEED) to the Spot Wallet
When you have made a payment to the trader, they will release the SEED (SEED), just by confirming receipt of the payment.
You may verify your wallet account balance to confirm reception.
But in order for you to purchase another SEED (SEED), you will need to transfer them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order has been completed.
Should you forget to follow this step right after the purchase, no problem at all: you’ll always be able to do it later.
- Drop the "Wallet" menu down and select the "Wallet Funds" option.
- Locate the "Transfer" button at the top right and click on it.
- A pop-up window will open, where you should change the options to:
- From: Funds
- To: Fiat and Spot
- Select the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Set the amount you are about to send to the spot walet and press "Confirm".
All right! Now you have money available to buy any of the huge selection of SEED (SEED) in the Binance platform.
Find out how simple is to buy any crypto from the Binance platform:
- Select the "Trading" menu in the upper panel.
- Click on "Convert" from the list.
- Type the sum of «USDT» you would like to invest.
- Now indicate the crypto you’re about to get.
- Select "Preview conversion".
- Confirm the operation and that’s it. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
That’s it! This way you will have funds in the Spot Wallet and you will be able to purchase any of the huge selection of SEED (SEED) within the Binance platform.
To purchase SEED (SEED) from Binance all you have to do is the following:
- In the top panel, select the "Trading" menu.
- Select "Convert" from the list.
- Type the amount of «USDT» you wish to spend.
- Choose the cryptocurrency you intend to buy.
- Select "Preview conversion".
- Validate the operation and that’s it. You will have the amount of the chosen cryptocurrency in your Spot Wallet.
This post have surely pictured you a detailed vision of what Binance is and how you can do business with SEED (SEED) on it.
So, no need to think twice, make a fruitful business within the Binance platform.