Buying Terareum (TERA) on the Binance platform
Binance is among the top trading platforms in the world.
Therefore, the first thing you need to to do if you need to start trading on it is to figure out how to buy Terareum (TERA).
The goal of this article is to teach you on how to trade with Terareum (TERA) on the Binance Terareum (TERA) exchange.
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How to register on Binance
To be capable of buying Terareum (TERA) on Binance, one thing you must know indeed is how to open your account.
Just follow each of the instructions below.
Search for the "Register" option in the Binance homepage and click on it to start the registration process.
Here you have the direct access to Binance.
Look for the "Register with a phone or email" button in the homepage and click on it.
The Binance platform is totally compatible with Apple devices as well.
In this post you’ll will see the subscription process using an email address.
- From the drop down list of countries, choose the one you reside.
- The next step is defining a secure password. This is quite relevant since it’s all about your money’s safety, so you have to invent a robust one
- In this step you must accept "Terms of Service" and, if you want to receive information, updates and news from Binance in your e-mail address, click in the corresponding box
You should have received an email in the address you’ve just used to create your Binance account. In its text you’ll find an activation code you’ll have to will enter in the corresponding box. Then click on "Send"
Finally, your Binance enrollment is active.
You’ll see it’s simple to enter the Binance platform and get to know all the options it has to offer.
You’ll realize how simple is to start trading Terareum (TERA).
To gain access to those options, the first thing you must do is fulfill the identity verification.
Notice: No Terareum (TERA) operation will be allowed if you skip this safety measure.
However, you don’t need to worry, see the next paragraphs to know how to do it.
Verify your Binance account to get started trading
See the next instructions and become a certified customer:
On the main screen, place the mouse pointer on the user profile option and a list will immediately show up where you will need to press "Security"
You can also click the "Verify" button on the upper part of the screen
Locate the option "Identification" on the left part of the navigator window.
Here you must select your country of residence.
Now, the 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on your navigator window.
At this moment, you must choose "Verified", clicking on the "Start now" option under it.
Then it will show a pop-up window where you must provide the following information:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
At this point, the Binance platform will ask you to show a legal document for identity verification.
You can do this by using your ID card, passport, or license.
Now, you will be asked to take a selfie, following the application’s instructions.
After fulfilling all those steps, the Binance system will carry out a confirmation process on your account.
As soon as your application has been accepted, the platform will send you an e-mail, just be patient.
After that, it’s time to get Terareum (TERA), to do so see the instructions below.
How to buy Terareum (TERA) on Binance
Starting your Terareum (TERA) trading career has never been so simple, right?.
The first thing is to know how to convert money into Terareum (TERA).
Next, you’ll need to provide a legal document to support your identity.
passport, ID card or even a driver’s license will be enough to fulfill this condition.
In the next stage, you will have to take a selfie, according to the application’s instructions.
The last step will be made by the Binance system: a verification process that will just take a while.
When your request has been approved, you’ll be notified via email, just be patient.
The following instructions will guide you through the Terareum (TERA) trading process. As soon as you’ve got the confirmation e-mail, you are a Binance licensed Terareum (TERA) trader.
Buying Terareum (TERA) on Binance
Now that you are subscribed to the platform and got your account verified, you’re OK to begin trading.
Learning how to invest your money in Terareum (TERA) is not that hard.
You may have more than one option throughout the process
See the "Buy cryptos" menu on the Binance main page to find out which alternatives you have when making a purchase.
Needless to say you must log into your account to do this
Hovering your mouse pointer over this option will display a list of alternatives for making the purchase.
Here, the Binance platform will ask you to use a legal document for identity checking.
passport, ID card or even a license are all valid documents to fulfill this formality.
Follow the system guidance to take a selfie.
The final step will be carried out by the Binance platform: a verification process that will take only a short time.
All you need to do is wait patiently, Binance is going to send you an e-mail once your application has been approved.
After that, it’s time to purchase Terareum (TERA), to do so follow the instructions below.
Buying Terareum (TERA) on Binance
So, account approved was all you needed to begin purchasing Terareum (TERA) right now.
Understanding how to convert cash into Terareum (TERA) is actually quite easy.
Some steps might have alternative paths
Use the "Buy cryptos" menu on the Binance main page to know which options are available to you when making a purchase.
You must, of course, try this after you’ve logged into your account
Placing your mouse pointer over this key will display a list of alternatives to make the purchase.
Buying Terareum (TERA) with a credit/debit card
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Keep on reading for further directions:
Currency to be used and amount of the investment must be indicated here.
In the second field you should select the Terareum (TERA) you would like to buy
Depending on the amount of USD you’ve previously defined, the system will automatically show you the quantity of Terareum (TERA) you will get.
After that, just follow these directions:
Currency preferred and amount of the investment should be indicated here.
In the second field you must pick the Terareum (TERA) you wish to purchase
The number of Terareum (TERA) you’ll get will depend upon the amount of USD you’ve previously defined. The Binance system will immediately show it to you.
Click "Continue".
To add your Visa/MC credit card as a payment method, go to the "Visa/Mastercard" box and click on the "Add card" button.
Then the platform will ask you to type your card details.
Your credit card’s address must be indicated next. Try not to err a single character, since you must write it exactly as it is, otherwise the card won’t be admitted. Then select "Add card".
With this, your credit card will be added to the valid methods of payment in your account. Click "Continue".
The system will now display the summary of the order you are creating. The amount your card will be charged with the currency you have selected, and the Terareum (TERA) you will get.
It will also indicate the commission you will have to pay for the operation.
Now you have to accept the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically terminated.
The Binance system will now redirect you to the credit card issuing bank. Proceed exactly as you do when making a normal on-line credit card payment.
You can check your Binance e-wallet (referred to as the «Spot Wallet») once the banking procedure is complete to see your recently purchased Terareum (TERA) already there
Purchase Terareum (TERA) with Binance P2P
This means «Person To Person», i.e.: trading Terareum (TERA)
with another Binance user. Payment method is the first parameter you must specify.
Next, all the relevant details of the transaction will be displayed: the amount you’ll pay and the corresponding currency, and of course, the cryptos you will get.
Obviously, Binance will charge you a small amount as a commission for supporting the purchase, and that will be shown in that quick view also.
Within the next 60 seconds click on "Confirm", there after the order will expire automatically.
The Binance system will now send you to the bank issuing the credit card. There you will complete a normal online payment with your credit card.
You can take a look at your Binance e-wallet (called the «Spot Wallet») as soon as the banking procedure is complete to find your recently bought Terareum (TERA) already credited
Purchase Terareum (TERA) through Binance P2P
You could get Terareum (TERA) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. You should add the payment method you would want to use first.
- Go to your profile and press "Security".
- Click on "Payment" from the menu on the left.
- Select "Add a Payment Method" and the platform will guide you through the rest of the process.
Now that the new method of payment has been configured in your profile, go to the upper part of the screen and pass over "Buy Crypto" to drop-down the list of options and choose "Trading P2P". Then see the following steps:
- Locate the "Buy" button on the top bar of the "P2P Account" tab and press it
- In this bar you will see all the Terareum (TERA) available for purchase via P2P trading. Choose the one you want, for this exercise we will use «USDT» as an example.It is important to note that once you buy one of these cryptocurrencies through P2P trading, you will be able to exchange it for any of the foreign currencies valid in the Binance platform.
- Look for the "Fiat" label on the top tabs and deploy the drop-down list to see all available currencies. We’ll use «VES» in this example.
- Use the "Amount" box to indicate the sum in VES you’d like to use to buy Terareum (TERA).
- After you have stated the payment method, the platform will display a list of traders’ ads.
- Any of the sellers displayed in the list can be selected, although it is recommendable to choose a verified one (with the blue diamond marking), and better, a high-volume seller (gold star badge).
- Now click on "Buy USDT"
- Write the amount in VES you wish to invest
- Press "Buy USDT" again
- Now an order has been generated and the seller and you will be in touch. Pay, click on "Transferred, Next", then press "Confirm". Be aware that there’s a limited time for you to make the payment.
The right way to transfer your Terareum (TERA) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception validation has been done.
So, they will instantly be deposited into your wallet.
Take into account that your Terareum (TERA) must be in your Spot Wallet in case you would want to get others, so you must move them there before.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
If you didn’t do this, don’t get worried, you can move the cryptos at any other moment.
How to transfer your Terareum (TERA) to the Spot Wallet
When you have completed a payment to the trader, they will be able to release the Terareum (TERA), just by confirming receipt of the payment.
So, they will immediately be added to your account balance.
Nonetheless, you will need to move them to your Spot Wallet in order for you to purchase any other crypto.
To achieve this, all you have to do is press "Transfer to Spot Wallet" right after the purchase order has been completed.
This Terareum (TERA) internal movement can be performed anytime later.
- Drop the "Wallet" menu down and select the "Wallet Funds" button.
- The "Transfer" button is located on the upper right area of the navigator window. Click on it.
- A new window will pop-up, where you should change the options to:
- From: Funds
- To: Fiat and Spot
- Choose the currency in which you have funds, in the example here we use «USDT»
- Enter the cryptos you are transferring to the spot walet and click "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you think might be profitable.
Find out how simple is to purchase any crypto from the Binance platform:
- Find the "Trading" menu in the top panel.
- Choose "Convert" from the list.
- Input the amount of «USDT» you wish to invest.
- Select the cryptocurrency you would like to purchase.
- Click on "Preview conversion".
- Confirm the operation and that’s all. Now you will have the funds of the selected crypto in your Spot Wallet.
All right! Now you have money available to purchase any of the huge selection of Terareum (TERA) in the Binance platform.
Note how simple is to buy any crypto from Binance:
- In the upper section, find the "Trading" menu.
- From that listing choose the "Convert" alternative.
- Input the amount of «USDT» you wish to invest.
- Now select the cryptocurrency you’re interested in.
- Press "Preview conversion".
- Validate the transaction and that’s all. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
You’ve already seen how simple is to start trading Terareum (TERA) on Binance.
Cryptos have come to stay, and Binance is a secure and practical place to do business. Begin right now!