How to buy Status (SNT) on the Binance platform
Undoubtedly one of the top-notch trading platforms in the world today is Binance.
Understanding how to trade with Status (SNT) is essential if you’d like to begin trading on that platform.
Prior to getting into the amazing realm of crypto on the Binance platform, you should get acquainted with the following.
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How to register on Binance
The only way to start operating on the Binance platform is opening an account in it.
Subscribing the platform is easy: check the following instructions.
Search for the "Register" option in the Binance homepage and click on it to start the registration process.
You can log in directly by clicking here.
Look for the "Register with a phone or email" button in the main page and press it.
You can also do this using your Apple mobile.
In this article, we’ll will show you how to register with an e-mail.
- From the drop down list of countries, pick the one you’re living in.
- Now the extremely important part: password. Define an alphanumeric word rare enough not to be simply deducted. Don’t use your birth date, middle name or things like that. Be well aware that it’s your cash what will be secured by that password
- Here you must accept "Terms of Service" and, if you would want to receive information, updates and news from Binance in your e-mail address, click in the corresponding box
By now, you should have received an email sent to the address you’ve just used for creating your Binance account. It will have a one-time-only activation code you will enter in the corresponding box. Then press "Send"
Finally, your Binance subscription is active.
It would be a good idea to navigate through the different options of the Binance platform and become familiar with them.
You’ll discover how simple is to begin trading Status (SNT).
To gain access to these options, the first thing you have to do is complete the ID verification.
It is very important to notice that until you complete this safety step, youwon’t be authorized to begin operating with Status (SNT).
In the following instructions, you’ll see how to do that. Zero problems.
How to complete the verification of your account and start trading
The following are the instructions to verify your Binance subscription and get authorized to begin trading:
On the main screen, place the mouse pointer on the user profile button and a list will immediately show up where you will have to click on "Security"
Or simply look for the "Verify" button on the upper part of the navigator window
Select "Identification" on the left options list.
Pick the Country of Residence.
Now you’ll will find 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Begin by clicking on "Start now" located under the "Verified" level.
Then a pop-up window will appear and there you will need to provide the following info:
- Nationality.
- First Name and Surname.
- Second name and birth date.
- Exact address of your residence.
Next, you’ll have to to use a legal document to check your identity.
ID card, passport or even a license will be enough to complete this formality.
Now the platform will require you to take a selfie under certain conditions.
The last step is on Binance’s side: a certification process that will take only a short time.
Now you have to wait until your profile has been accepted. Be patient, Binance is going to let you know via email.
The following instructions will guide you through the Status (SNT) purchasing process. As soon as you’ve received the confirmation e-mail, you are a Binance authorized Status (SNT) trader.
Purchasing Status (SNT) on Binance
Starting your Status (SNT) trading experience has never been so easy, right?.
In this segment you’ll see how easy is to convert money into Status (SNT).
It is time to support your identity with a legal document.
Use your ID card, passport or even your license to complete this step.
Now the platform will require you to take a selfie under certain conditions.
After you have completed the platform’s requirements, you will have to wait a short time while your account is confirmed.
Now be patient, Binance will send you an email as soon as your request has been approved.
Upon receiving that email it’s time to purchase Status (SNT), just follow the guidelines below.
Purchasing Status (SNT) on Binance
Starting your Status (SNT) trading career has never been so simple, right?.
First you need to discover how to buy a Status (SNT).
You will probably find different alternatives throughout the process
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
Obviously, you’ll only be able to do this if you’re logged in
Placing your mouse pointer over this option will show a list of alternatives for making your purchase.
At this point, 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.
Now the platform will ask you to take a selfie following certain instructions.
Once those steps have been fulfilled, the Binance platform will execute a confirmation process on your account.
Now you must wait until your request has been accepted. Be patient, the platform is going to let you know via e-mail.
After that, it’s time to acquire Status (SNT), just see the guidelines below.
Learn to buy Status (SNT) on Binance
Now that you have subscribed to the Binance platform and got your account confirmed, you are able to start trading.
First you need to learn how to buy a Status (SNT).
Some steps would probably have optional paths
To know which alternatives can be found when making a purchase, browse through the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this if you’re logged in
Place your mouse on this option and a list of buying alternatives will deploy.
Using your debit or credit card to purchase cryptocurrencies
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
The following instructions will be helpful to continue the process:
Currency to be used and how much you’ll invest should be indicated here.
Next, pick the Status (SNT) you’re going to purchase
The number of Status (SNT) you’ll be given will depend upon the amount of USD you’ve previously invested. The Binance platform will automatically display it.
These directions will help you in the process:
In the next box, choose the currency you’d like to buy with and specify how much you are going to invest.
Next, pick the Status (SNT) you’re going to buy
Once you do so, the system will automatically display the number of Status (SNT) you’ll be given, according the amount of USD you have recently indicated.
Now select "Continue".
In case you decided to pay with a credit card, pick in the "Visa/Mastercard" box the option "Add card".
Then the platform will prompt you to enter your credit card details.
In this step you must specify the physical address details for the CC. Then select "Add card".
When you see your card has been included, press "Continue".
The platform will now display the synthesis of the buying order you are generating. The amount you will pay in the currency you’ve chosen, and the Status (SNT) you will get.
Certainly, Binance will take a small amount as a commission for supporting the operation, and it will appear in that summary also.
Now you must certify the order pressing the "Confirm" button within the next 60 seconds, or it will be automatically shut down.
The following step has to be done on the credit card bank platform. There you will complete a standard on-line payment with your credit card.
After the banking procedure has been completed, you are already in possession of the recently purchased Status (SNT) in your Binance e-wallet (called the «Spot Wallet»)
Know how to buy Status (SNT) through Binance P2P
That means «Person To Person», i.e.: trading Status (SNT)
with another Binance user. Method of payment is the first setting you must specify.
The system will now show you the details of the order you are creating. The sum your card will be charged in the currency you have chosen, and the Status (SNT) you will be given.
Certainly, Binance will charge you a certain percentage as a commission for supporting the operation, and it will appear in that summary as well.
Now you have to acknowledge the order clicking on the "Confirm" button during the following 60 seconds, or it will be automatically terminated.
The Binance platform will now redirect you to the credit card issuing bank. There you would make a normal online payment with your credit card.
You can check your Binance digital wallet (called the «Spot Wallet») once the banking procedure is complete to see your recently bought Status (SNT) already there
Purchase Status (SNT) through Binance P2P
That is a transaction made «Person To Person», i.e.: exchanging Status (SNT)
with another Binance user. Payment method is the first setting you should state.
- Choose "Security" in your profile.
- From the menu on the left-hand side select "Payment".
- Choose "Add a Payment Method" and the Binance platform will guide you through the rest of the procedure.
Now that the new payment method has been included in your profile, go to the top bar of the navigator and hover on "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following guidelines:
- Locate the "Buy" option on the top bar of the "P2P Account" tab and press it
- All the Status (SNT) available for buying via P2P operations will be displayed in this menu, so you will be able to pick the one you want. As for this example, we present «USDT».Note that any Status (SNT) purchased in P2P trading could be exchanged by any of the currencies available on Binance.
- Choose the currency you want to use from the drop-down list under the "Fiat" label, for example, «VES».
- You need to type the sum in VES you’d like to use in the "Amount" box.
- Once you have chosen the payment method, the Binance platform will show you a register of traders’ ads.
- Any of the sellers displayed in the list can be chosen, but it is advisable to select a verified one (see the blue diamond marking), and better, a high-volume seller (gold star badge).
- Click on "Buy USDT"
- Enter the amount in VES you want to pay
- Again, press "Buy USDT"
- A purchase order has been generated and the trader and you will be able to contact each other for further details, if needed. You have a time limit to complete, if you fail doing so the order will be terminated by the system (and that’s bad for your rating as a buyer). Once you paid, press "Transferred, Next" and then press "Confirm".
Ways to transfer your Status (SNT) to the Spot Wallet
Once you have completed a payment to the seller, they are going to release the Status (SNT), just by confirming receipt of the payment.
The default place where Status (SNT) are deposited is your Binance wallet.
Take into account that your Status (SNT) must be in your Spot Wallet in case you would want to get others, so you will have to send them there before.
That’s easy: just press "Transfer to Spot Wallet" once the buying order is completed.
In the event you didn’t do this, don’t be anxious, you can do it later.
The right way to transfer your Status (SNT) to the Spot Wallet
When you have completed a payment to the seller, they are going to release the Status (SNT), by confirming invoice of the payment.
So, they will instantly be added to your wallet balance.
But in order for you to buy another Status (SNT), you must transfer them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order has been completed.
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.
- Drop the "Wallet" list down and press on the "Wallet Funds" button.
- Locate the "Transfer" option on the upper right area of the navigator window and click on it.
- Configure the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- Choose the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Input the cryptos you are transferring to the spot walet and click "Confirm".
That’s all! This way you will have funds in the Spot Wallet and you will be able to buy any of the several of Status (SNT) that the Binance platform has.
To buy Status (SNT) from the Binance platform all you have to do is the following:
- Find the "Trading" menu in the top panel.
- Pick "Convert" from the list.
- Enter the sum of «USDT» you would like to spend.
- Select the cryptocurrency you would like to purchase.
- Click on "Preview conversion".
- Validate the transaction and that’s it. You will have the amount of the selected cryptocurrency in your Spot Wallet.
Perfect! Now you have funds available to buy any of the several Status (SNT) in the Binance platform.
Buy any cryptocurrency from the Binance platform just following the instructions described below:
- Find the "Trading" option in the top panel.
- From the listing select the "Convert" alternative.
- Input the sum of «USDT» you wish to invest.
- Now mark the cryptocurrency you’re interested in.
- Press "Preview conversion".
- Validate the operation and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
This post surely pictured you a detailed panorama of what Binance is and how you can do business with Status (SNT) on it.
So, no time to waste, make a profitable business in the Binance platform.