Purchasing Syfin (SYF) on Binance
Binance could be considered one of the world’s top trading platforms.
Therefore, the first thing you should to do if you wish to begin operating on it is to understand how to purchase Syfin (SYF).
For this reason, on this page we will provide you with all the information you should have to trade with Syfin (SYF) on the Binance crypto platform.
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Learn how to register on Binance
Subscribing to the Binance platform is the very first step you need to complete.
Subscribing onto the platform is quite easy: observe the following guidelines.
Go to the Binance homepage and click on the "Register" button.
Here you have the direct access to Binance.
At this point press the "Register with a phone or email" button.
You can also do this using your Apple tablet.
In this post we’ll will show you the subscription process using an e-mail address.
- In the screen that is displayed, choose your country of residence from the drop-down list.
- Now the crucial step: password. Create an alphanumeric word difficult enough not to be easily guessed. Don’t use your birth date, middle name or things like that. Keep in mind that it’s your property what will be secured by that word
- If you wish to be informed periodically via email about Binance news, check in the corresponding box. Next, you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Next step is the email verification
By now, you should have received an email in the address you’ve just used for subscribing on the Binance platform. In its text you’ll find an activation keycode you’ll have to will enter in the corresponding box. Then press "Send"
And that’s it! You are now subscribed to Binance.
Take a time to become familiar with the different options of the Binance platform by navigating through them.
You’ll immediately notice how simple is to begin operating with Syfin (SYF).
The ID verification is a mandatory step you need to complete to have access to all those options.
Please, take into account that it will be only after you have completed this safety measure that you’ll get permission to begin trading Syfin (SYF).
No big deal, though. Read the next section to fulfill that step.
How to complete the verification of your account and get started on trading
See the following guidelines and become an authorized end user:
On the main screen, place the mouse pointer on the user profile menu 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
Locate the option "Identification" on the left side of the navigator window.
Select the Country of Residence.
You’ll will see three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
To begin, choose "Start now" located by the "Verified" level.
Then a pop-up window will be shown and there you must tytpe the following data:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Residence address (exact).
Now you’ll need to use a legal document to sustain your identity.
passport, ID card or even a driver’s license are all valid documents to fulfill this formality.
Now the platform will require you to take a selfie following certain instructions.
Once those requirements have been fulfilled, the Binance system will execute a confirmation process on your account.
Now you have to wait until your profile has been approved. Be patient, the system is going to send you an e-mail.
Congratulations! Once you’ve got the confirmation you’re officially authorized to buy Syfin (SYF). The following guidelines will be helpful.
Purchasing Syfin (SYF) on Binance
Now that you have registered on the Binance platform and got your account validated, you can start trading.
In this section you’ll discover how easy is to convert cash into Syfin (SYF).
Next, you’ll need to show a legal document to check your identity.
You can do this by using your ID card, passport, or license.
In the next stage, you will be asked to take a selfie, following the application’s guidelines.
When you have fulfilled the platform’s instructions, you will have to wait a moment for the confirmation to be performed on your account.
All you need to do is be patient, Binance is going to let you know via email when your request has been approved.
Congrats! Once you’ve received the confirmation you’re officially licensed to operate with Syfin (SYF). See the guidelines that follow.
Buying Syfin (SYF) on Binance
Since you have registered on the platform and have your account approved, you’re able to start trading.
In this section you’ll see how easy is to buy a Syfin (SYF).
Some processes would probably have optional paths
To know which options can be found when making a purchase, see the "Buy cryptos" menu on the Binance main page.
You need to, of course, try this after you’ve logged into your account
Hovering your mouse pointer over this key will display a list of alternatives to make your purchase.
Here, the Binance platform will require you to provide a legal document for identity verification.
You can do this by using your ID card, passport, or driver’s license.
Now the system will ask you to take a selfie following certain instructions.
Now you will have to wait for a short time while an account confirmation process is performed.
As soon as your request has been accepted, you will be informed via email, just be patient.
The following instructions will guide you through the Syfin (SYF) purchasing process. As soon as you’ve got the confirmation email, you are a Binance licensed Syfin (SYF) trader.
Buying Syfin (SYF) on Binance
Beginning your Syfin (SYF) trading experience has never been so easy, right?.
Take a time to discover how to buy a Syfin (SYF).
You may have more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.
Needless to say you must log into your account to be able to do this
Find all the different buying options just by placing your mouse over this button.
Did you know you could use your debit or credit card for buying SYF?
The first thing you need to do to buy the Syfin (SYF) you want using a credit card, is to pick this method from the drop-down menu labeled "Buy Cryptos".
These guidelines will help you in the process:
Now you should select the currency you wish to use and type the amount you want to invest.
The the Syfin (SYF) you wish to get should be indicated in the second field
The number of Syfin (SYF) you are going to be given will depend upon the amount of USD you have just stated. The Binance platform will immediately show it to you.
Continue reading for detailed guidelines:
Currency to be used and amount of the investment should be specified here.
The the Syfin (SYF) you intend to purchase must be chosen from the second field
The quantity of Syfin (SYF) you will be given will depend upon the amount of USD you have previously stated. The Binance platform will immediately show it to you.
Click on "Continue".
To use your credit card as a payment method, choose in the "Visa/Mastercard" box the option "Add card".
Then the platform will ask you to indicate your credit card details.
In this step you must write the physical address details for the CC. Then select "Add card".
Click "Continue" after you see your card has been successfully added to your user profile as a new payment method.
The system will now display the summary of the order you are generating. The amount you are paying with the currency you have picked, and the Syfin (SYF) you will get.
It will also indicate the commission will be charged for the purchase.
In less than 1 minute press "Confirm", and then the order will be automatically shut down.
The system will now redirect you to the credit card issuing bank. Then you would complete a normal online payment with your credit card.
You can take a look at your Binance digital wallet (called the «Spot Wallet») when the banking procedure has been done and you’ll find your recently bought Syfin (SYF) already credited
Learn how to buy Syfin (SYF) through Binance P2P
Another option you have to get a cryptocurrency is to exchange it
with another person. To get this done, the first step is to specify the payment method you wish to use.
The platform will now display the summary of the buying order you are generating. The sum your card will be charged in the currency you have chosen, and the Syfin (SYF) you will be given.
Another detail of relevance in this quick view is the amount Binance will charge you as a commision for making the operation.
Within the next 60 seconds click on "Confirm", from then on the order will expire automatically.
The Binance system will now send you to the bank issuing the credit card. Proceed just as you do when making a payment with your card on the bank website.
Your recently purchased Syfin (SYF) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») once the banking process is complete
Purchase Syfin (SYF) through Binance P2P
Another option you may use to get a cryptocurrency is to trade it
with another user. Method of payment is the first setting you will define.
- Go to your profile and click on "Security".
- In the menu on the left-hand side choose "Payment".
- Choose "Add a Payment Method" and the Binance system will guide you through the rest of the procedure.
After the new method of payment has been configured in your profile, look for the "Buy Crypto" menu in the top bar of the navigator, press on the "Trading P2P" option and follow the steps described below:
- On the top bar of the "P2P Account" tab, select "Buy"
- Here you can pick the Syfin (SYF) you’re interested in, among all those available for buying through P2P trading. We will use «USDT» for this guide.Purchasing any crypto via P2P trading allows the trader to exchange it on Binance for any of the currencies available.
- Look for the "Fiat" column on the upper menu and deploy the drop-down list to find all valid currencies. We’ll use «VES» in this example.
- In the "Amount" box, indicate the amount in VES you wish to invest.
- You will see a list of dealers’ offers a little while after you have indicated the method of payment.
- Any of the traders shown in the list can be chosen, but it is recommendable to choose a verified one (with the blue diamond marking), and even better, a high-volume seller (golden star marking).
- Select "Buy USDT"
- Write the amount in VES you would want to pay
- Again, press "Buy USDT"
- Doing so will open a purchase order where you will have connection with the trader. Pay within the time limit and press "Transferred, Next", then press "Confirm".
How to transfer your Syfin (SYF) to the Spot Wallet
After you have completed a payment to the seller, they are going to release the Syfin (SYF), just by confirming payment reception.
The default place where Syfin (SYF) are added to is your Binance wallet.
Nonetheless, you must transfer them to your Spot Wallet in case you would want to purchase another cryptocurrency.
That’s quite simple: just click on "Transfer to Spot Wallet" once the buying order has been completed.
This Syfin (SYF) internal transfer can be carried out whenever you need.
How to transfer your Syfin (SYF) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception validation has been done.
So, they will immediately be added to your account balance.
Nonetheless, you need to send them to your Spot Wallet in case you would want to purchase any other crypto.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after the purchase, there’s nothing to worry about: you’ll always be able to do it later.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down list.
- Now click on the "Transfer" option at the top right.
- In the pop-up window, swap the «From» and «To» options to the following configuration:
- From: «Funds»
- To: «Fiat and Spot»
- Choose the currency in which you have funds, in the example here we use «USDT»
- Set the cryptos you are about to send to the spot walet and press "Confirm".
All right! Now you have money available to purchase any of the huge selection of Syfin (SYF) in the Binance platform.
Find out how easy is to purchase any crypto from Binance:
- Find the "Trading" menu in the upper section.
- From that list choose the "Convert" alternative.
- Indicate the amount of «USDT» you would like to invest.
- Select the cryptocurrency you would like to get.
- Select "Preview conversion".
- Validate the operation and that’s all. You will have the funds of the selected cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from trading any crypto you think will yield the highest profit.
Purchase any cryptocurrency from Binance just following the steps detailed below:
- Find the "Trading" option in the top upper panel.
- In the list choose the "Convert" option.
- Type the sum of «USDT» you would like to spend.
- Choose the crypto you would like to get.
- Click on "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
Depending on the above mentioned information, you are now ready to commence trading on Binance.
Cryptos are the future, and Binance is a safe and friendly platform to do business. Start today!