Learn how to purchase Synchrony (SCY) on the Binance platform
Binance could be considered one of the world’s leading trading platforms.
However, if you want to start out operating on it, the first thing you should do is to discover how to get Synchrony (SCY).
This article will try to teach the reader about how to buy Synchrony (SCY) on the Binance Synchrony (SCY) exchange.
----
Discover how to register on Binance
Opening a Binance account is the initial step you must accomplish.
To do so, you need to follow each of the steps below.
Search for the "Register" button in the Binance homepage and click on it to begin the registration process.
Access directly to Binance by pressing here.
In the Binance main page you’ll find a button labeled "Register with a phone or email". Press it.
Apple mobile phones or tablets can be used to do this as well.
In this post you’ll will see the registration process using an e-mail address.
- In the screen you’ll immediately see, select your country of residence from the drop down list.
- Now, write your email address and a safety password. Keep in mind that you are going to invest your money, you have to give importance to the password you select
- Mark if you would want Binance to send information and news direct to your email. Accept the "Terms of Service" and click on "Create Account"
See the inbox in the email address you used for enrollment and search the activation code for your Binance account. Write it in the corresponding box and click on "Send"
You’re now a Binance user!.
It would be a nice idea to browse the different areas of the Binance platform and get acquainted to them.
This way you mayyou will be able to begin operating with Synchrony (SCY) easily.
To gain access to these options, the first thing you need to do is fulfill the ID checking.
Notice: No Synchrony (SCY) operation will be permitted if you skip this security step.
However, you don’t need to worry, read the next paragraphs to learn how to do it.
How to verify your account and begin trading
To become an authorized user you have to follow the steps below:
Choose "Security" from the drop-down list under the user profile section
Another option is to go to the upper part of the navigator window and click on the "Verify" button
Pick "Identification" on the left options list.
Pick the Country of Residence.
Here you’ll will immediately see three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Here you must choose "Verified", clicking on the "Start now" button under that label.
A pop-up window will appear, and there you’re going to give your personal data: Nationality, first name and last name, second name and birth date. Besides, make sure you enter the exact address of your residence
The next step is to corroborate your identity with a legal document.
You can do this with your passport, ID card, or license.
Follow the system requirements to take a selfie.
The last step is on Binance’s side: a certification process that will take only a short time.
All you have to do is wait patiently, Binance will send you an e-mail as soon as your application has been accepted.
After that, it’s time to purchase Synchrony (SCY), to do so see the instructions below.
Purchasing Synchrony (SCY) on Binance
So, account confirmed means you can begin purchasing Synchrony (SCY) immediately.
Learning how to buy a Synchrony (SCY) is actually quite easy.
Here, the Binance platform will require you to use a legal document for identity verification.
You can do this with your passport, ID card, or driver’s license.
Follow the system instructions to take a selfie.
When you have fulfilled the platform’s guidelines, you’ll have to wait a short time while your account is confirmed.
Now you have to wait until your request has been approved. Be patient, the platform is going to let you know via email.
After that, it’s time to acquire Synchrony (SCY), just see the instructions below.
How to buy Synchrony (SCY) on Binance
OK, account validated was all you needed to begin purchasing Synchrony (SCY) right now.
Learning how to make a purchase of Synchrony (SCY) is actually quite easy.
Be aware that you have different options for this process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
Certainly, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this option will display a list of alternatives to make the purchase.
At this point, the Binance platform will ask you to use a legal document for identity corroboration.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidance to take a selfie.
Once those steps have been fulfilled, the Binance system will execute a confirmation process on your account.
As soon as your request has been approved, you will be informed via e-mail, just be patient.
Congrats! Now you’re officially licensed to buy Synchrony (SCY). See the guidelines that follow.
Buying Synchrony (SCY) on Binance
Now that you are subscribed to the Binance platform and have your account approved, you are OK to start trading.
In this section you’ll discover how easy is to buy a Synchrony (SCY).
Take into account that you could have more than one option for this process
To find out which options can be found when buying, see the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this if you’re logged in
Placing your mouse pointer over this button will show a list of alternatives for making your purchase.
Did you know you could use your credit or debit card to purchase cryptos?
Select the credit card-related option from the drop-down list labeled "Buy Cryptos".
Next, just carry out these instructions:
Currency preferred and how much you will invest must be stated in the next box.
Next, choose the Synchrony (SCY) you are going to purchase
Taking into account the amount of USD you’ve just indicated, the system will automatically show you the quantity of Synchrony (SCY) you are going to get.
Read on for further directions:
Currency to be used and amount of the investment must be indicated here.
In the second field you must pick the Synchrony (SCY) you’d like to buy
The number of Synchrony (SCY) you will be given will depend upon the amount of USD you’ve recently invested. The Binance system will immediately display it.
Now select "Continue".
To use your Visa/MC credit card as a payment method, pick in the "Visa/Mastercard" field the button "Add card".
Type your card data and press "Next".
Your credit card’s address must be stated next. Try not to miss a single character, since you must type it exactly as it is, otherwise your card might not be admitted. Then select "Add card".
Now that your card has been successfully included, click on "Continue".
Next, all the relevant details of the transaction will be presented: the amount you will pay and the corresponding currency, and obviously, the cryptos you are going to receive.
Certainly, Binance will take a certain percentage as a commission for making the operation, and that will be shown in that summary as well.
Now you must certify the order clicking on the "Confirm" button during the next 60 seconds, or it will be automatically shut down.
After this, you’ll be sent towards the site of the bank issuing the credit card. Proceed just as you usually do when making a payment using your credit card on the bank website.
You may take a look at your Binance e-wallet (called the «Spot Wallet») once the banking procedure has been completed and you’ll see your recently purchased Synchrony (SCY) already there
Know how to buy Synchrony (SCY) via Binance P2P
You can get Synchrony (SCY) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user as well. Method of payment is the first parameter you should add.
The platform will now display the details of the purchase order you are creating. The amount you will pay in the currency you’ve selected, and the Synchrony (SCY) you will be credited.
Obviously, Binance will claim a certain percentage as a commission for making the purchase, and that will be shown in that snapshot as well.
Now you have to validate the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically terminated.
The next step must be done on the credit card banking platform. Then you should complete a normal on-line payment using your credit card.
After the banking procedure has been completed, you will have your recently bought Synchrony (SCY) in your Binance e-wallet (called the «Spot Wallet»)
Learn how to purchase Synchrony (SCY) with Binance P2P
You may buy Synchrony (SCY) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. To achieve this, the first step is to specify which payment method you wish to apply.
- Go to the "Security" panel of your profile.
- Click on "Payment" on the left-hand side of the screen.
- Click the "Add a Payment Method" button and follow the system guidance.
Now that the new method of payment has been configured in your account, go to the top bar of the navigator and hover on "Buy Crypto" to drop-down the menu and click on "Trading P2P". Then see the following directions:
- Look for the "Buy" button on the upper bar of the "P2P Account" menu and click it
- In this bar you’ll see the list of Synchrony (SCY) available for purchase through P2P operations. Choose the one you want, for this exercise we will present «USDT» as an example.Purchasing any crypto in P2P trading allows the subscriber to exchange it on the Binance platform for any of the currencies available.
- Now you should select the currency you want to pay with, for example, «VES». To do this, see the drop-down list under the "Fiat" column.
- Now you need to input the sum in VES you’d like to invest in the "Amount" box.
- Choose the method of payment and wait for the system to show you the register of the traders that are offering Synchrony (SCY).
- Select a trader from the displayed list. We recommend that you choose a verified one with a high completed sales rate.
- Select "Buy USDT"
- In this step, the amount you would want to invest in VES must be typed
- Again, press "Buy USDT"
- Doing so will open an order where you will be in touch with the trader. Pay within the established time and press "Transferred, Next" and then press "Confirm".
The right way to transfer your Synchrony (SCY) to the Spot Wallet
After you have completed a payment to the trader, they are going to release the Synchrony (SCY), by confirming receipt of the payment.
This way, they will immediately be added to your account balance.
Although, in order for you to purchase another Synchrony (SCY), you will have to transfer 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 follow this step, don’t worry, you can do it later.
The right way to transfer your Synchrony (SCY) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception validation has been done.
So, they will quickly be added to your account balance.
Note that you will need to send them to your Spot Wallet in case you want to get any other cryptocurrency.
That’s easy: just press "Transfer to Spot Wallet" once the purchase order is completed.
This Synchrony (SCY) internal movement can be performed whenever you need.
- Press "Wallet Funds" from the "Wallet" drop-down list.
- Next press "Transfer" button on the upper right area of the screen.
- In the pop-up window, swap the «From» and «To» options so that it looks like this:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have money, in the example right here we use «USDT»
- Type the cryptos you are sending for the Exchange and press "Confirm".
That’s it! Now you will have money in the Spot Wallet and you will be able to purchase any of the several of Synchrony (SCY) within the Binance platform.
Note how easy is to buy any crypto from Binance:
- In the upper panel, select the "Trading" menu.
- From that listing choose the "Convert" option.
- Fill in the box the sum of «USDT» you wish to invest.
- Now mark the crypto you’re interested in.
- Choose "Preview conversion".
- Confirm the operation and that’s all. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
All right! Now you have money available to purchase any of the several Synchrony (SCY) in the Binance platform.
Buy any cryptocurrency from the Binance platform just following the instructions detailed below:
- In the upper panel, loate the "Trading" option.
- From that listing choose the "Convert" option.
- Indicate the amount of «USDT» you want to spend.
- Choose the cryptocurrency you intend to purchase.
- Choose "Preview conversion".
- Confirm the operation and that’s all. You now will have the funds of the selected crypto in your Spot Wallet.
Depending on this information, you are now ready to commence trading on the Binance platform.
Cryptos are the future, and Binance is a secure and friendly site to do business. Begin right now!