Learn how to purchase SONM (BEP-20) (SNM) on Binance
Binance is among the top trading platforms in the world.
However, if you need to start operating on it, the first thing you have to do is to figure out how to purchase SONM (BEP-20) (SNM).
For this reason, in this post we’ll bring you all what you need to know to trade with SONM (BEP-20) (SNM) on the Binance crypto exchange.
----
Figure out how to register on Binance
The only way to start trading within Binance is subscribing to it.
Simply follow each one of the steps listed below.
On the Binance homepage you have to locate the "Register" button and click on it.
Press here to go straight to the Binance platform.
In the Binance main page you’ll see a button named "Register with a phone or email". Press it.
The Binance platform is totally compatible with iOS mobile devices as well.
In this guide, we’ll will describe how to do this with an e-mail.
- In the screen that is shown, select your country of residence from the drop-down list.
- The next step is choosing a secure password. This is of vital importance since it’s all about your money, so you must to create a strong one
- Now you must accept "Terms of Service" and, if you wish to receive information, updates and news from Binance in your e-mail address, mark in the corresponding box
By now, you surely have received an e-mail sent to the address you’ve just used for registering on the Binance platform. In its text you’ll find a one-time-only activation keycode you’ll have to will enter in the corresponding box. Then press "Send"
You’re now a Binance subscriber!.
It would be a good idea to navigate through the different areas of the Binance platform and become familiar with them.
You’ll realize how easy is to begin trading SONM (BEP-20) (SNM).
Fulfill the mandatory identity checking to enable all these options.
Please, note that it is only after you have completed this security step that you’ll be able to begin operating with SONM (BEP-20) (SNM).
In the following paragraphs, you’ll see how to do it. Zero problems.
How to complete the verification of your Binance account and get started on trading
See the following instructions and become a certified user:
On the main page, place the mouse pointer on the user profile button and a list will immediately appear where you will press "Security"
Or simply look for the "Verify" button on the top of the screen
Locate the option "Identification" on the left part of the screen.
Pick the Country of Residence.
You’ll will immediately see three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Click on the "Start now" button under the "Verified" label, since this will be your beginning level.
A pop-up window will be displayed, and there you’re going to provide your personal info: Nationality, first name and surname, second name and birth date. Besides, make sure you provide the exact address of your residence
It is time to sustain your identity with a legal document.
Use your ID card, passport or even your license to complete this step.
Now, you will be asked to take a selfie, according to the platform’s requirements.
The final step is on Binance’s side: a certification process that will take only a short time.
Now you must wait until your profile has been approved. Be patient, Binance will send you an e-mail.
Upon receiving that e-mail it’s time to acquire SONM (BEP-20) (SNM), just see the guidelines below.
Purchasing SONM (BEP-20) (SNM) on Binance
Starting your SONM (BEP-20) (SNM) trading adventure has never been so simple, right?.
Take a time to figure out how to buy a SONM (BEP-20) (SNM).
It is time to corroborate your identity using a legal document.
ID card, passport or even a license will be enough to complete this formality.
Now the system will ask you to take a selfie following certain instructions.
The final step is on Binance’s side: a certification process that will just take a while.
Now you must wait until your profile has been approved. Be patient, the platform is going to let you know via email.
The following instructions will guide you through the SONM (BEP-20) (SNM) trading process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance licensed SONM (BEP-20) (SNM) trader.
Buying SONM (BEP-20) (SNM) on Binance
All right, account verified was all you needed to begin purchasing SONM (BEP-20) (SNM) right now.
Understanding how to convert money into SONM (BEP-20) (SNM) is not so difficult.
You will probably have different alternatives throughout the process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
Needless to say you must sign in to your account to do this
Unveil all the different purchase options just by placing your mouse over this button.
Next, you’ll need to use a legal document to check your identity.
passport, ID card or even a driver’s license will be enough to complete this requirement.
Now the platform will ask you to take a selfie following certain instructions.
Now you’ll have to wait for a short period while an account confirmation process is performed.
Now you must wait until your profile has been approved. Be patient, Binance is going to let you know via e-mail.
Congrats! Once you’ve got the confirmation you’re officially licensed to operate with SONM (BEP-20) (SNM). The following guidelines will be helpful.
Buying SONM (BEP-20) (SNM) on Binance
Beginning your SONM (BEP-20) (SNM) trading adventure has never been so easy, right?.
In this section you’ll realize how simple is to invest your money in SONM (BEP-20) (SNM).
Take into account that you may find more than one option for this process
Look for the "Buy cryptos" menu on the Binance main page to find out which options can be found when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Uncover all the different purchase options just by hovering your mouse over this button.
Buying SONM (BEP-20) (SNM) with a credit/debit card
Pick the credit card-related option from the "Buy Cryptos" drop-down menu.
The following guidelines will help you in the process:
In the next box, choose the currency you want to use and type how much you are going to invest.
In the next field you must pick the SONM (BEP-20) (SNM) you intend to buy
The number of SONM (BEP-20) (SNM) you are going to receive will depend upon the amount of USD you’ve previously indicated. The Binance platform will immediately display it.
After that, just observe these directions:
Now you must select the currency you’d like to buy with and enter the amount you want to invest.
Next, select the SONM (BEP-20) (SNM) you are going to purchase
According the amount of USD you have just stated, the platform will automatically show you the number of SONM (BEP-20) (SNM) you are going to receive.
Press "Continue".
To add your credit card as a payment method, go to the "Visa/Mastercard" box and press the "Add card" option.
Then the platform will ask you to enter your credit card numbers.
In this step you must state the physical address details of the card. After this, select "Add card".
With this, your credit card will be added to the valid methods of payment in your user profile. Press "Continue".
Next, you’ll see a snapshot of the transaction about to be completed. It includes the sum you will pay, the selected currency and the amount of SONM (BEP-20) (SNM) bought.
Obviously, Binance will claim a certain percentage as a commission for making the purchase, and that will be shown in that overview as well.
Now you have to accept the order pressing the "Confirm" button during the following 60 seconds, or it will be automatically canceled.
The following step needs to be carried out on the credit card bank platform. Then you should make a standard online payment with your credit card.
You may take a look at your Binance e-wallet (called the «Spot Wallet») once the banking process is complete and you’ll see your recently bought SONM (BEP-20) (SNM) already credited
See how easy is how to purchase SONM (BEP-20) (SNM) with Binance P2P
This means «Person To Person», i.e.: trading SONM (BEP-20) (SNM)
with another Binance user. To get this done, the first step is to state the payment method you would want to make use of.
The system will now display the summary of the order you are about to complete. The sum you will pay with the currency you’ve chosen, and the SONM (BEP-20) (SNM) you will be given.
Another detail of relevance in this quick view is the sum you’ll be charged as a commision for making the purchase.
At this point you have 60 seconds to press "Confirm", otherwise the order will automatically expire.
Next, you’ll be redirected to the site of the bank issuing the credit card. Proceed just as you usually do when making a normal online credit card payment.
You can check your Binance digital wallet (called the «Spot Wallet») when the banking process is complete and you’ll see your recently bought SONM (BEP-20) (SNM) already credited
Buy SONM (BEP-20) (SNM) via Binance P2P
You can get SONM (BEP-20) (SNM) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance trader as well. In that case, you should add the payment method you would want to work with first.
- Login to the "Security" section of your account.
- Click on "Payment" on the left-hand side of the screen.
- Press the "Add a Payment Method" button and follow the platform instructions.
Now that the new payment method has been configured in your account, go to the upper part of the screen and pass over "Buy Crypto" to drop-down the menu and click on "Trading P2P". Then see the following steps:
- Look for the "Buy" button on the upper bar of the "P2P Account" menu and press it
- Here you can choose the SONM (BEP-20) (SNM) you would like to buy, among all those available for buying through P2P trading. We present «USDT» in this example.Buying one of these SONM (BEP-20) (SNM) in P2P trading allows the trader to exchange it on the Binance platform for any of the foreign currencies available.
- Look for the "Fiat" label on the upper menu and reveal the drop-down list to see all available currencies. We’ll use «VES» in this example.
- In the "Amount" box, enter the amount in VES you intend to invest.
- Once you’ve chosen the payment method, the Binance system will show you a register of dealers’ ads.
- Any of the traders 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 mark).
- Now click on "Buy USDT"
- Write the amount in VES you wish to invest
- Again, select "Buy USDT"
- This will open an order where you will be in touch with the seller. Pay within the established time and click on "Transferred, Next", then press "Confirm".
How you can transfer your SONM (BEP-20) (SNM) to the Spot Wallet
The seller, upon validating money reception, will immediately release the SONM (BEP-20) (SNM).
This way, they will automatically be added to your account balance.
However, in order for you to purchase any other SONM (BEP-20) (SNM), you must move them to your Spot Wallet.
To accomplish this, you only need to press "Transfer to Spot Wallet" immediately after the buying order is completed.
This SONM (BEP-20) (SNM) internal movement can be done whenever you need.
Tips on how to transfer your SONM (BEP-20) (SNM) to the Spot Wallet
The seller, upon confirming payment reception, will instantly release the SONM (BEP-20) (SNM).
The place where SONM (BEP-20) (SNM) are added to is your account wallet.
Nonetheless, you will have to send them to your Spot Wallet in case you would want to buy any other crypto.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order has been completed.
In the event you didn’t follow this step, don’t be concerned, you can move the cryptos later.
- Select "Wallet Funds" from the "Wallet" drop-down menu.
- Next press "Transfer" button on the upper right area of the navigator window.
- A pop-up window will open, where you should configure the options to:
- From: «Funds»
- To: «Fiat and Spot»
- Choose the currency corresponding to your funds in the platform, in this example we’ll use «USDT»
- Set the amount you are sending to the spot walet and press "Confirm".
With these funds already in your Spot Wallet, don’t fear to purchase any crypto you consider will be profitable.
To buy SONM (BEP-20) (SNM) from Binance what you just have to do is the following:
- In the upper panel, loate the "Trading" option.
- From the listing select the "Convert" alternative.
- Fill in the box the amount of «USDT» you would like to spend.
- Now indicate the crypto you’re about to get.
- Press "Preview conversion".
- Confirm the operation and that’s all. You now will have the amount of the selected crypto in your Spot Wallet.
Perfect! Now you have funds available to trade any of the huge selection of SONM (BEP-20) (SNM) in the Binance platform.
Buy any cryptocurrency from Binance just following the steps detailed next:
- Find the "Trading" menu in the top section.
- From that list choose the "Convert" option.
- Fill in the box the sum of «USDT» you want to invest.
- Choose the crypto you intend to get.
- Press "Preview conversion".
- Confirm the operation and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
Depending on the above mentioned information, you are now ready to begin trading on Binance.
Don’t wait any longer and start generating some extra money.