How to buy Street Credit (CRED) on the Binance platform
Undoubtedly one of the leading trading platforms in the world today is Binance.
Therefore, the first thing you have to to do if you’ would like to start out operating on it is to figure out how to get Street Credit (CRED).
This article will try to guide the reader on how to buy Street Credit (CRED) on the Binance Street Credit (CRED) platform.
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How to register on Binance
There is only way to get started in operating within Binance: opening an account in it.
No complicated subscription: just follow the detailed instructions listed below.
Search for the "Register" button in the Binance main page and click on it to begin the registration process.
You may access directly by clicking here.
At this point press the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple devices as well.
In this post, we’ll will describe how to suscribe with an e-mail.
- First, pick the country from the drop down list according to your place of residence.
- Now the extremely important 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 password
- In this step you must accept "Terms of Service" and, if you would want to receive information, news and updates from Binance in your e-mail address, mark in the corresponding box
You should have received an email sent to the address you’ve just used to create your Binance account. It will have a one-time-only activation keycode you will enter in that page. Then press "Send"
Finally, your Binance enrollment is active.
It would be a good idea to browse the different areas of the Binance platform and get acquainted to them.
You’ll immediately notice how easy is to start trading Street Credit (CRED).
To have access to these options, the first thing you must do is complete the identity checking.
Notice: No Street Credit (CRED) trading will be allowed if you ignore this safety step.
No big deal, though. Read the following section to complete that step.
How to complete the verification of your Binance account and start trading
These are the guidelines to verify your Binance subscription and get the authorization to start trading:
From the user profile menu, select "Security"
Or simply look for the "Verify" button on the upper part of the screen
Locate the option "Identification" on the left side of the screen.
Here you should pick your country of residence.
On this screen you’ll will see 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Now you should choose "Verified", pressing the "Start now" option below it.
Then it will display a pop-up window in which you must provide the following data:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Exact address of your residence.
At this point, the Binance platform will ask you to use a legal document for identity verification.
You can do this by using your passport, ID card, or license.
Follow the system guidelines to take a selfie.
Once you have fulfilled the platform’s requirements, you’ll have to wait a short time while your account is confirmed.
Now you must wait until your request has been accepted. Be patient, the system will let you know via e-mail.
Congrats! As soon as you’ve received the confirmation you’re officially authorized to buy Street Credit (CRED). The following instructions will be helpful.
Purchasing Street Credit (CRED) on Binance
So, account confirmed means you can begin purchasing Street Credit (CRED) immediately.
The first thing is to figure out how to convert money into Street Credit (CRED).
The next step is to verify your identity with a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will be asked to take a selfie, according to the application’s instructions.
Once those requirements have been fulfilled, the Binance platform will execute a confirmation process on your account.
Now wait patiently, Binance will let you know via email as soon as your request has been accepted.
Congrats! Once you’ve received the confirmation you’re officially authorized to buy Street Credit (CRED). See the guidelines that follow.
How to buy Street Credit (CRED) on Binance
Beginning your Street Credit (CRED) trading adventure has never been so simple, right?.
In this segment you’ll realize how simple is to invest your money in Street Credit (CRED).
Some processes might have alternative paths
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Certainly, you’ll only be able to do this after you’ve logged in
Unveil all the different buying options just by placing your mouse over this button.
Now you’ll need to show a legal document to check your identity.
passport, ID card or even a license are all valid documents to fulfill this condition.
Now the system will require you to take a selfie following certain guidelines.
The final step will be made by the Binance system: a certification process that will take only a short time.
As soon as your application has been accepted, you will be informed via e-mail, just be patient.
Congratulations! Now you’re officially authorized to operate with Street Credit (CRED). See the guidelines that follow.
How to buy Street Credit (CRED) on Binance
Since you are registered on the Binance platform and got your account verified, you are OK to begin trading.
Understanding how to make a purchase of Street Credit (CRED) is actually quite easy.
You may have more than one option throughout the process
Look for the "Buy cryptos" menu on the Binance homepage to find out which alternatives can be found when making a purchase.
Needless to say you must be logged into your account to be able to do this
Hovering your mouse pointer over this key will show a list of alternatives for making your purchase.
Buying Street Credit (CRED) with a credit/debit card
Pick the credit card-related option from the drop-down list labeled "Buy Cryptos".
These directions will help you in the process:
Currency to be used and how much you will invest should be defined here.
Next, select the Street Credit (CRED) you are going to get
Depending on the amount of USD you’ve just invested, the system will automatically display the quantity of Street Credit (CRED) you’ll get.
After that, just observe these guidelines:
Currency to be used and how much you’ll invest must be specified in the next box.
In the second field you should pick the Street Credit (CRED) you intend to get
Once you do so, the system will immediately display the quantity of Street Credit (CRED) you are going to get, according the amount of USD you have just defined.
Click "Continue".
To include your credit card as a payment method, go to the "Visa/Mastercard" box and click on the "Add card" button.
Then the system will prompt you to type your card details.
Now write the physical address details of the credit card. After this, select "Add card".
Press "Continue" after you check your card has been successfully included in your account as a new payment method.
The platform will now show you the summary of the purchase order you are generating. The sum your card will be charged with the currency you have selected, and the Street Credit (CRED) you will get.
Obviously, Binance will charge you a small amount as a commission for making the operation, and that will be shown in that overview also.
You have 60 seconds to click on "Confirm", otherwise the order will be automatically canceled.
The system will now send you to the credit card issuing bank. There you will make a normal on-line payment with your credit card.
Your recently bought Street Credit (CRED) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») once the banking procedure is complete
See how easy is how to buy Street Credit (CRED) through Binance P2P
Another option you have to buy a cryptocurrency is to exchange it
with another subscriber. To get this done, the first step is to add the payment method you wish to use.
The platform will now display the synthesis of the buying order you are creating. The sum you are paying in the currency you’ve chosen, and the Street Credit (CRED) you will get.
Another important detail in this quick view is the sum you’ll be charged as a commision for making the operation.
Within the next 60 seconds click on "Confirm", from then on the order will be automatically shut down.
The system will now send you to the bank issuing the credit card. Then you should complete a standard online payment with your credit card.
You can check your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking process has been done to see your recently purchased Street Credit (CRED) already credited
See how easy is how to buy Street Credit (CRED) via Binance P2P
You can get Street Credit (CRED) not only via a direct purchase, but trading them «Person To Person»
with another Binance subscriber as well. Payment method is the first setting you will define.
- Go to the "Security" section of your profile.
- Look for the "Payment" option in the menu you’ll see from the menu on the left and select it.
- Click the "Add a Payment Method" button and follow the platform directions.
Once you have added the new method of payment to your account, go to the "Buy Crypto" menu (top part of the screen), pick the "Trading P2P" option, and follow the guidelines below:
- Click on the "Buy" option located on the top bar of the "P2P Account" menu
- Here you can pick the Street Credit (CRED) you’re interested in, among all those available for buying via P2P trading. We present «USDT» for this example.It is important to note that when you buy one of these cryptocurrencies via P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Now you should choose the local currency you want to make the payment with, for instance, «VES». To do this, drop down the list under the "Fiat" label.
- Now you must input the amount in VES you’d like to invest in the "Amount" box.
- You will be able to see a register of traders offering cryptos a little while after you’ve indicated the payment method.
- Select a trader from the list shown. We suggest that you choose a verified one with a high completed sales rate.
- Next click on "Buy USDT"
- Now the amount you would like to invest in VES must be input
- Again, click on "Buy USDT"
- Now a buying order has been created and you’ll be able to contact the seller. Make the payment, click on "Transferred, Next" and then press "Confirm". Notice that there’s a time limit for you to make the payment.
The right way to transfer your Street Credit (CRED) to the Spot Wallet
After you have made a payment to the trader, they may release the Street Credit (CRED), by confirming invoice of the payment.
You may verify your wallet Binance balance to confirm reception.
Nonetheless, you will need to transfer them to your Spot Wallet in case you would want to buy any other cryptocurrency.
That’s easy: just click on "Transfer to Spot Wallet" once the purchase order has been completed.
If you forget to do this right after buying the cryptos, no problem at all: you’ll always be able to do it later.
Ways to transfer your Street Credit (CRED) to the Spot Wallet
The seller, upon receiving your payment, will automatically release the Street Credit (CRED).
You may check your wallet Binance balance to confirm reception.
Although, in case you want to purchase any other Street Credit (CRED), you will need to send them to your Spot Wallet.
You can do this immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t do this, don’t fear, you can move the cryptos later.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- The "Transfer" option is located at the top right. Press it.
- A new window will pop-up, where you should change the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Select the currency according to the funds you have in the platform, in this example we’ll use «USDT»
- Set the cryptos you are about to send for the Exchange and click "Confirm".
With these funds already in your Spot Wallet, don’t fear to purchase any crypto you believe will yield the greatest profit.
To buy Street Credit (CRED) from Binance all you have to do is described below:
- In the upper section, loate the "Trading" option.
- Choose "Convert" from the list.
- Indicate the amount of «USDT» you want to spend.
- Now select the cryptocurrency you’re interested in.
- Press "Preview conversion".
- Validate the operation and that’s it. You will have the amount of the chosen crypto in your Spot Wallet.
All right! Now you have money available to buy any of the several Street Credit (CRED) in the Binance platform.
Buy any cryptocurrency from Binance just following the instructions described below:
- Locate the "Trading" option in the top upper panel.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to spend.
- Now indicate the crypto you’re about to get.
- Click on "Preview conversion".
- Validate the transaction and that’s all. Now you will have the amount of the chosen crypto in your Spot Wallet.
Depending on the information above, you are now ready to commence trading on Binance.
Cryptos have come to stay, and Binance is a safe and friendly site to do business. Begin right now!