Purchasing Sonar (PING) on the Binance platform
Binance could be considered one of the top-notch trading platforms in the world.
Therefore, the first thing you must to do if you want to get started operating on it is to discover how to buy Sonar (PING).
For this reason, on this page we’ll give you all what you need to know to purchase Sonar (PING) on the Binance crypto platform.
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Understand how to register on Binance
To be able to buy Sonar (PING) on Binance, the vital thing you need to know is how to subscribe.
Simply follow each one of the instructions below.
Search for the "Register" button in the Binance homepage and click on it to start the registration process.
Access directly to Binance by pressing here.
In the Binance homepage you’ll see a button with the label "Register with a phone or email". Click on it.
The Binance platform is totally compatible with Apple mobile devices as well.
For the purpose of this post, the email address subscription process will be explained.
- In the window you’ll immediately see, select your country of residence from the drop-down list.
- Now the vital part: password. Define a string of characters rare enough not to be easily deducted. Don’t use your birth date, middle name or things like that. Bear in mind that it’s your money what will have to be secured by that word
- Indicate if you wish to receive news and information directly from Binance to your email address. Accept the "Terms of Service" and click on "Create Account"
Binance will automatically send an activation keycode (remember: this is NOT your password) that you’ll write it in the corresponding box, then click on "Send"
Finally, your Binance enrollment is active.
You can now enter the Binance platform and review all the options it offers.
This way you mayyou will be able to begin operating with Sonar (PING) very easily.
The identity verification is a mandatory step you must fulfill to get access to all these options.
It is very important to notice that unless you fulfill this safety step, youwon’t get permission to begin trading Sonar (PING).
No big deal, though. Continue reading through the following section to complete that step.
How to verify your account and start trading
Read the following guidelines and become a certified Binance trader:
On the main screen, place the mouse pointer on the user profile menu and a list will immediately show up where you will need to press "Security"
You can also press "Verify" button on the upper part of the navigator window
In the list shown on the left-hand part of the navigator window, press on the "Identification" option.
Country of residence is the first thing you must choose.
Now, the three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on screen.
To begin, choose "Start now" located below the "Verified" level.
A pop-up window will be shown, and there you’re going to provide your personal data: Nationality, first name and surname, middle name and birth date. Also, make sure you type the exact address of your residence
Next, you’ll need to use a legal document to verify your identity.
You can do this by using your ID card, passport, or license.
Now the system will require you to take a selfie under certain conditions.
After completing all those steps, the Binance system will do a verification process on your account.
So, be patient, Binance will let you know via e-mail as soon as your request has been accepted.
The following instructions will guide you through the Sonar (PING) buying process. As soon as you’ve received the confirmation e-mail, you’ve become a Binance authorized Sonar (PING) trader.
Purchasing Sonar (PING) on Binance
Starting your Sonar (PING) trading experience has never been so simple, right?.
In this segment you’ll learn how easy is to make a purchase of Sonar (PING).
It is time to corroborate your identity using a legal document.
Use your passport, ID card or even your license to complete this step.
Now the system will ask you to take a selfie following certain guidelines.
Once those requirements have been completed, the Binance system will carry out a verification process on your account.
Now you must wait until your application has been approved. Be patient, Binance will let you know via e-mail.
The following instructions will guide you through the Sonar (PING) purchasing process. As soon as you’ve got the confirmation email, you’re a Binance licensed Sonar (PING) trader.
Learn to purchase Sonar (PING) on Binance
Now that you have registered on the platform and got your account confirmed, you are able to begin trading.
Understanding how to convert money into Sonar (PING) is not that hard.
Some steps might have alternative paths
Use the "Buy cryptos" menu on the Binance homepage to find out which options can be found when making a purchase.
Needless to say you must login to your account to do this
Unveil all the different purchase options just by placing your mouse over this button.
Next, you’ll have to to present a legal document to corroborate your identity.
passport, ID card or even a driver’s license will be enough to complete this requirement.
Now, you will have to take a selfie, according to the application’s instructions.
After fulfilling all those requisites, the Binance system will carry out a verification process on your account.
Once your profile has been accepted, Binance will send you an email, just be patient.
Congratulations! As soon as you’ve got the confirmation you’re officially authorized to operate with Sonar (PING). The following instructions will be helpful.
Buying Sonar (PING) on Binance
Now that you have subscribed to the Binance platform and have your account approved, you can start trading.
Understanding how to make a purchase of Sonar (PING) is not that hard.
Take into account that you may have more than one option for this process
Use the "Buy cryptos" menu on the Binance homepage to know which alternatives are available to you when making a purchase.
Needless to say you must be logged into your account to do this
Hover your mouse on this button and a list of buying alternatives will be displayed.
Buying Sonar (PING) with a credit/debit card
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
Next, just carry out these instructions:
In the next box, pick the currency you want to buy with and enter the amount you want to invest.
Next, select the Sonar (PING) you’re going to purchase
The quantity of Sonar (PING) you are going to receive will depend upon the amount of USD you’ve previously stated. The Binance system will automatically display it.
After that, just follow the following directions:
Now you should select the currency you want to use and indicate the amount you want to invest.
Next, pick the Sonar (PING) you are going to buy
Depending on the amount of USD you’ve recently invested, the platform will immediately show you the number of Sonar (PING) you will receive.
Click on "Continue".
Now it’s time to specify the method of payment you’ll use. To pay with a credit card, choose in the "Visa/Mastercard" box the option "Add card".
Card data must be typed in this step, then press "Next".
The credit card’s associated address must be stated next. Try not to miss a single character, since you’ll need to type it exactly as it is, otherwise the card might not be admitted. Then press "Add card".
Press "Continue" once you check your card has been successfully included in your user profile as a new method of payment.
Next, all the important details of the transaction will be presented: the amount you’ll pay and the corresponding currency, and of course, the cryptos you will receive.
Obviously, Binance will take a certain percentage as a commission for making the purchase, and it will appear in that snapshot also.
Now you must validate the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically canceled.
Next, you will be redirected towards the bank platform the credit card has been issued by. There you would make a normal online payment using your credit card.
Once the banking procedure is complete, you are already in possession of the purchased Sonar (PING) in your Binance digital wallet (called the «Spot Wallet»)
Know how to purchase Sonar (PING) with Binance P2P
That is a transaction made «Person To Person», i.e.: trading Sonar (PING)
with another Binance user. Method of payment is the first setting you should specify.
Next, you’ll see a summary of the operation about to be completed. It includes the sum you will pay, the selected currency and the amount of Sonar (PING) purchased.
In fact, Binance will take a small amount as a commission for making the purchase, and that will be shown in that overview as well.
You have 60 seconds to press "Confirm", otherwise the order will be automatically terminated.
The following step has to be carried out on the credit card banking system. Follow the instructions in the same way you would normally generate a payment with your credit card.
As soon as the banking procedure has been finished, you are already in possession of the purchased Sonar (PING) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy Sonar (PING) with Binance P2P
That is a transaction made «Person To Person», i.e.: trading Sonar (PING)
with another Binance user. To accomplish this, the first step is to specify which payment method you would want to work with.
- Go to the "Security" panel of your profile.
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and select it.
- Press the "Add a Payment Method" button and follow the platform guidance.
After the new payment method has been included in your profile, locate the "Buy Crypto" menu on the top part of the screen, click the "Trading P2P" button and follow the steps described below:
- Locate the "Buy" button on the upper bar of the "P2P Account" menu and click it
- In this bar you will see the list of Sonar (PING) available for buying through P2P operations. Choose the one you want, here we will present «USDT» as an example.It is important to note that once you purchase one of these cryptocurrencies through P2P trading, you will be able to exchange it for any of the foreign currencies that operate on the Binance platform.
- Select the local currency you want to make the payment with from the drop-down menu under the "Fiat" column, for instance, «VES».
- Now you must input the amount in VES you’d like to spend in the "Amount" box.
- After you’ve selected the payment method, the system will show you a list of traders’ ads.
- From the list displayed list, you may choose any of the sellers. It is recommendable to select one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Select "Buy USDT"
- In this step, the amount you would want to invest in VES must be typed
- Press "Buy USDT" once again
- A buying order has been created and the seller and you will be able to contact each other for further details, if needed. You have a limited time to make the payment, if you fail doing so the order will be shut down by the system (and that’s bad for your reputation as a buyer). Once you have paid, click on "Transferred, Next", then press "Confirm".
The right way to transfer your Sonar (PING) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception validation has been done.
So, they will instantly be added to your wallet balance.
Take into account that your Sonar (PING) must be in your Spot Wallet in case you would want to buy others, so you need to move them there before.
You can do this immediately right after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t do this, don’t stress, you can do it at any other time.
How you can transfer your Sonar (PING) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception validation has been done.
You may check your wallet Binance balance to confirm reception.
NB: you will have to transfer them to your Spot Wallet in order for you to purchase another cryptocurrency.
That’s quite simple: just press "Transfer to Spot Wallet" once the buying order has been completed.
Should you forget to do this right after buying the cryptos, no problem at all: you’ll always be able to do it at any moment.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- The "Transfer" option is located at the top right. Click on it.
- A pop-up window will open, where you should set the options to:
- From: Funds
- To: Fiat and Spot
- Select the currency according to your funds in the platform, in this example we’ll use «USDT»
- Enter the cryptos you are about to move for the Exchange and click "Confirm".
Perfect! Now you have funds available to trade any of the huge selection of Sonar (PING) in the Binance platform.
See how simple is to purchase any cryptocurrency from Binance:
- In the upper section, look for the "Trading" option.
- From that listing select the "Convert" option.
- Fill in the box the sum of «USDT» you want to invest.
- Select the crypto you wish to purchase.
- Click on "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 numerous Sonar (PING) in the Binance platform.
Note how easy is to buy any crypto from the Binance platform:
- Locate the "Trading" option in the top top panel.
- In the listing choose the "Convert" alternative.
- Indicate the sum of «USDT» you wish to invest.
- Now mark the cryptocurrency you’re about to purchase.
- Press "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
Based on the information above, you are now ready to begin trading on the Binance platform.
Cryptos are the future, and Binance is a secure and practical site to do business. Start today!