Purchasing SIL Finance (SIL) on Binance
No doubt one of the world’s leading trading platforms nowadays is Binance.
So, if you need to start trading on it, the first thing you should do is to figure out how to get SIL Finance (SIL).
Keep on reading this post and you will see all the information you should have for buying crypto on Binance.
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Figure out how to register on Binance
Subscribing to the Binance platform is the very first step you have to accomplish.
Registering onto the platform is very simple: check the following instructions.
Visit the Binance main page and press on the "Register" option.
You have the direct access here.
Once on the Binance platform click on the "Register with a phone or email" button.
This can also be done with any iOS mobile.
In this article, we’ll will describe how to do this with an e-mail.
- In the window you’ll immediately see, choose your country of residence from the drop-down list.
- Now the crucial part: password. Choose an alphanumeric word rare enough not to be easily guessed. Don’t use your name, birth date or things like that. Keep in mind that it’s your money what will have to be protected by that password
- Here you must accept "Terms of Service" and, if you would want to get information, updates and news from Binance in your email address, check in the corresponding box
You surely have received an email sent to the address you’ve just used to create your Binance account. It will have an activation password you’ll need to will enter in the corresponding box. Then click on "Send"
You’re now a Binance subscriber!.
Take a time to become familiar with the different areas of the Binance platform by browsing them.
This way you mayit will be possible to start operating with SIL Finance (SIL) quickly.
To get access to those options, the first thing you must do is complete the identity verification.
Please, be well aware that it will be only after you have fulfilled this protection measure that you’ll be allowed to begin operating with SIL Finance (SIL).
No big deal, though. See the next instructions to complete that step.
How to complete the verification of your account and begin trading
Read the following guidelines and become a certified Binance trader:
Select "Security" from the drop-down list under the user profile area
Another option is to go to the top of the screen and click on the "Verify" button
Select "Identification" on the left list of options.
Now you’ll need to choose your country of residence.
It will show you 3 levels of verification: the one you already have, the Verified, and the Verified Plus.
Click on the "Start now" button below the "Verified" label, for this will be your beginning level.
Then a pop-up window will appear and there you should provide the following information:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Exact address of your residence.
At this point, the Binance platform will require you to provide a legal document for identity verification.
You can do this with your ID card, passport, or license.
Now the platform will ask you to take a selfie under certain conditions.
Now you’ll have to wait for a short period while an account verification process is performed.
Now you have to wait until your application has been approved. Be patient, Binance is going to send you an email.
Congrats! Now you’re officially authorized to trade SIL Finance (SIL). The following guidelines will be helpful.
Learn to buy SIL Finance (SIL) on Binance
Beginning your SIL Finance (SIL) trading career has never been so simple, right?.
In this section you’ll see how simple is to make a purchase of SIL Finance (SIL).
It is time to verify your identity using a legal document.
passport, ID card or even a license are all valid documents to fulfill this formality.
In the next stage, you will have to take a selfie, according to the platform’s requirements.
Now you will have to wait for a short period while an account confirmation process is performed.
So, wait patiently, Binance is going to let you know via email as soon as your profile has been accepted.
Upon receiving that email it’s time to acquire SIL Finance (SIL), to do so see the guidelines below.
Purchasing SIL Finance (SIL) on Binance
Since you have subscribed to the platform and have your account validated, you can start trading.
First you need to understand how to make a purchase of SIL Finance (SIL).
You will probably have more than one option throughout the process
To know which alternatives are available to you when making a purchase, see the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this option will show a list of alternatives to make the purchase.
It is time to corroborate your identity with a legal document.
ID card, passport or even a license are all valid documents to fulfill this formality.
Now, you will have to take a selfie, according to the platform’s guidance.
Now you will have to wait for a short period while an account confirmation process takes place.
So, be patient, Binance is going to let you know via email once your request has been accepted.
Congratulations! Once you’ve got the confirmation you’re officially licensed to buy SIL Finance (SIL). See the guidelines that follow.
Buying SIL Finance (SIL) on Binance
So, account approved was all you needed to begin buying SIL Finance (SIL) right now.
First you need to figure out how to buy a SIL Finance (SIL).
Some processes would probably have alternative paths
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Needless to say you must sign in to your account to do this
Hovering your mouse pointer over this option will show a list of alternatives for making the purchase.
Did you know you can use your debit or credit card for buying cryptocurrencies?
The first thing you will do to buy the SIL Finance (SIL) of your preference using a credit card, should be to pick this option from the "Buy Cryptos" drop-down list.
Read on for detailed guidelines:
Currency to be used and how much to invest must be stated here.
In the second field you must pick the SIL Finance (SIL) you would like to buy
The quantity of SIL Finance (SIL) you will be given will depend upon the amount of USD you’ve previously indicated. The Binance system will automatically display it.
Read on for further instructions:
Now you must pick the currency you want to use and indicate the amount you want to invest.
In the second field you must pick the SIL Finance (SIL) you would like to purchase
The quantity of SIL Finance (SIL) you will be given will depend upon the amount of USD you’ve just stated. The Binance system will immediately display it.
Click "Continue".
Now it’s time to specify the method of payment you’ll use. To pay with your credit card, pick in the "Visa/Mastercard" box the button "Add card".
CC numbers must be entered in this step, then click "Next".
In this step you must write the physical address details of the credit card. Following this, select "Add card".
When you see your new card has been added, click on "Continue".
Next, all the important details of the transaction will be displayed: the sum to be charged on your credit card and the corresponding currency, and obviously, the cryptos you will get.
It will also let you know the commission you must pay for the transaction.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The following step must be carried out on the credit card bank webpage. Follow the instructions in the same way you would pay with your card.
Your recently purchased SIL Finance (SIL) will be available in your Binance digital wallet (called the «Spot Wallet») once the banking process is complete
Purchase SIL Finance (SIL) through Binance P2P
An optional way to purchase crypto is to exchange it
with another subscriber. Payment method is the first parameter you will add.
Next, all the relevant details of the operation will be summarized: the sum you will pay and the corresponding currency, and obviously, the cryptos you will receive.
It will also let you know the commission will be charged for the operation.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The following step needs to be done on the credit card banking webpage. Follow the instructions in the same way you would make a payment with your card.
Your recently bought SIL Finance (SIL) will be available in your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking process has been done
Purchase SIL Finance (SIL) with Binance P2P
You could get SIL Finance (SIL) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber too. Method of payment is the first setting you must indicate.
- Go to the "Security" section of your account.
- Select "Payment" from the menu on the left.
- Once the "Add a Payment Method" option is chosen the Binance platform will guide you through the rest of the process.
Once you finished including the new method of payment to your profile, go to the "Buy Crypto" menu (upper bar of the navigator), find the "Trading P2P" button, and follow the guidance below:
- Press the "Buy" button located on the top bar of the "P2P Account" tab
- The complete set of SIL Finance (SIL) available for purchase through P2P operations will be shown in this list, so you will be able to pick the one you would like to buy. In this guide, we will use «USDT».It is important to note that once you purchase any crypto via P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Now you should select the local currency you want to use, for example, «VES». To do this, drop down the list under the "Fiat" label.
- In the "Amount" box, input the sum in VES you intend to invest.
- After you’ve chosen the payment method, the system will show you a register of traders’ ads.
- Locate a seller from the list shown. We recommend that you choose one that is verified and has a high percentage of sales completed.
- Click on "Buy USDT"
- Write the amount in VES you would like to invest
- Click on "Buy USDT" again
- A purchase order has been opened and the seller and you will be able to contact each other for details, if needed. You have a time limit to make the payment, otherwise the order will be aborted by the system (something bad for your rating as a buyer). Once you paid, press "Transferred, Next" and then press "Confirm".
The right way to transfer your SIL Finance (SIL) to the Spot Wallet
Once you have made a payment to the seller, they may release the SIL Finance (SIL), just by confirming receipt of the payment.
You may verify your wallet account balance to confirm reception.
Nonetheless, you will need to send them to your Spot Wallet in order for you to purchase any other crypto.
You can move them immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to follow this step right after buying the cryptos, no problem at all: you’ll be able to do it later.
Tips on how to transfer your SIL Finance (SIL) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as payment reception acknowledge has been done.
So, they will automatically be deposited into your wallet.
Note that you need to send them to your Spot Wallet in case you want to purchase any other cryptocurrency.
That’s quite simple: just press "Transfer to Spot Wallet" once the buying order is completed.
Should you forget to do this right after the purchase, there’s nothing to worry about: you’ll be able to do it later.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- The "Transfer" button is located at the top right. Press it.
- Configure the «From» and «To» options on the pop-up window to:
- From: Funds
- To: Fiat and Spot
- Choose the currency according to your funds in the platform, in this example we’ll use «USDT»
- Type the amount you are about to move to the spot walet and click "Confirm".
All right! Now you have money available to buy any of the several SIL Finance (SIL) in the Binance platform.
Buy any cryptocurrency from the Binance platform just following the instructions detailed below:
- Pick the "Trading" menu in the upper panel.
- In the listing select the "Convert" option.
- Indicate the amount of «USDT» you want to spend.
- Select the cryptocurrency you intend to buy.
- Click on "Preview conversion".
- Validate the operation and that’s all. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, don’t fear to buy any crypto you think will yield the highest profit.
See how simple is to buy any cryptocurrency from the Binance platform:
- Locate the "Trading" menu in the top top panel.
- Click on "Convert" from the list.
- Fill in the box the amount of «USDT» you want to invest.
- Choose the cryptocurrency you intend to purchase.
- Choose "Preview conversion".
- Validate the operation and that’s all. Now you will have the amount of the selected crypto in your Spot Wallet.
This text have surely pictured you a wide panorama of what Binance is and how you can do business with SIL Finance (SIL) on it.
Don’t wait any further and start earning an extra income.