Buying Terracoin (TRC) on the Binance platform
Undoubtedly one of the top trading platforms in the world today is Binance.
However, if you’d like to get started operating on it, the first thing you should do is to figure out how to buy Terracoin (TRC).
Stay on this article and you will find all the information you should have for purchasing crypto on Binance.
----
Understand how to register on Binance
Subscribing to the Binance platform is the very first step you must accomplish.
Easy subscription: just follow the detailed guidelines below.
On the Binance homepage you have to locate the "Register" button and press it.
You may access directly by pressing here.
In the Binance homepage you’ll see a button named "Register with a phone or email". Press it.
iOS tablets or smartphones can be used as well.
For the purpose of this guide, the e-mail address subscription process will be explained.
- In the window that will be shown, choose your country of residence from the drop down list.
- Now the vital step: password. Choose a string of characters strange enough not to be easily deducted. Don’t use your name, birth date or things like that. Keep in mind that it’s your cash what will have to be protected by that password
- Whether you would want 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 e-mail verification
By now, you surely have received an email in the address you’ve just used for subscribing on the Binance platform. It will have a one-time-only activation password you will enter in the corresponding box. Then click on "Send"
Finally, your Binance subscription has been activated.
You’ll see it’s simple to access the Binance platform and observe all the options it has to offer.
This way you mayit is possible to begin trading Terracoin (TRC) very easily.
To gain access to those options, you need to complete the ID verification.
It is very important to notice that until you fulfill this security measure, youwon’t be authorized to begin trading Terracoin (TRC).
No big deal, though. Read the following instructions to complete that step.
Verify your account to get started trading
To become a certified subscriber you must complete the steps described below:
On the main screen, place the mouse pointer on the user profile button and a list will immediately drop down where you will need to press "Security"
You can also click the "Verify" button on the upper part of the navigator window
Locate the option "Identification" on the left part of the screen.
Country of residence should be selected here.
It displays you three levels of verification: the current one, the Verified, and the Verified Plus.
To begin, you should select "Verified", clicking on the "Start now" button below that label.
A pop-up window will appear, and there you will have to give your personal info: Nationality, first name and surname, middle name and birth date. Besides, make sure you provide the exact address of your residence
At this point, the Binance platform will require you to use a legal document for identity verification.
You can do this with your ID card, passport, or driver’s license.
In the next stage, you will have to take a selfie, according to the application’s guidelines.
Now you’ll have to wait for a short period while an account verification process is performed.
Now you must wait until your application has been accepted. Be patient, the system is going to let you know via e-mail.
The following instructions will guide you through the Terracoin (TRC) trading process. As soon as you’ve got the confirmation email, you have become a Binance licensed Terracoin (TRC) trader.
Buying Terracoin (TRC) on Binance
All right, account approved means you can begin buying Terracoin (TRC) immediately.
First you need to learn how to buy a Terracoin (TRC).
At this point, the Binance platform will require you to use a legal document for identity checking.
ID card, passport or even a driver’s license are all valid documents to fulfill this formality.
Now the system will require you to take a selfie under certain conditions.
The last step is on Binance’s side: a corroboration process that will just take a while.
As soon as your profile has been approved, the platform will let you know via e-mail, just be patient.
The following instructions will guide you through the Terracoin (TRC) purchasing process. As soon as you’ve got the confirmation e-mail, you’re a Binance licensed Terracoin (TRC) trader.
Buying Terracoin (TRC) on Binance
OK, account approved means you can begin buying Terracoin (TRC) right now.
In this segment you’ll realize how simple is to convert money into Terracoin (TRC).
Some processes may have optional paths
To find out which alternatives are available to you when making a purchase, see the "Buy cryptos" menu on the Binance main page.
Certainly, you’ll only be able to do this after you’ve logged in
Placing your mouse pointer over this option will display a list of alternatives to make your purchase.
Now you’ll have to to present a legal document to check your identity.
Use your ID card, passport or even your license to complete this step.
Now the platform will require you to take a selfie following certain guidelines.
Now you will have to wait for a short period while an account verification process takes place.
So, wait patiently, Binance is going to let you know via email when your application has been approved.
Congrats! Now you’re officially enabled to operate with Terracoin (TRC). The following instructions will be helpful.
Purchasing Terracoin (TRC) on Binance
Since you are subscribed to the Binance platform and got your account approved, you’re OK to start trading.
In this segment you’ll learn how simple is to make a purchase of Terracoin (TRC).
Take into account that you have different alternatives for this process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
You will need to, of course, try this once you are signed into your account
Find all the different buying options just by placing your mouse over this button.
Learn how to use your credit or debit card for buying Terracoin (TRC)
Select the credit card-related option from the drop-down menu labeled "Buy Cryptos".
These guidelines will be helpful to continue the process:
Now you must select the currency you want to use and indicate the amount you are going to invest.
Next, pick the Terracoin (TRC) you are going to purchase
After you do so, the platform will immediately show you the quantity of Terracoin (TRC) you will get, according the amount of USD you have recently specified.
Next, just stick to these directions:
Currency to be used and amount of the investment must be stated in the next box.
In the next field you should select the Terracoin (TRC) you wish to purchase
Taking into account the amount of USD you’ve just specified, the platform will automatically show you the number of Terracoin (TRC) you are going to get.
Press "Continue".
To include your CC as a payment method, go to the "Visa/Mastercard" field and press the "Add card" option.
Then the system will prompt you to enter your credit card details.
The next field is intended to specify the address associated to the credit card. Type it exactly as it is, then select "Add card".
With this step, your credit card will be added to the valid methods of payment in your user profile. Press "Continue".
Next, all the important details of the transaction will be displayed: the amount you will pay and the corresponding currency, and of course, the cryptos you will get.
Another detail of relevance in this quick view is the amount Binance will charge you as a commision for making the purchase.
You have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
Next, you’ll be redirected to the banking platform the credit card has been issued by. Proceed just as you do when making a payment with your credit card on the bank website.
Your recently purchased Terracoin (TRC) will be credited to your Binance digital wallet (called the «Spot Wallet») as soon as the banking process is complete
Purchase Terracoin (TRC) with Binance P2P
Another option you have to get crypto is to exchange it
with another trader. In that case, you should indicate which payment method you want to work with first.
The platform will now display the details of the order you are about to complete. The sum you are paying in the currency you’ve selected, and the Terracoin (TRC) you will be credited.
Certainly, Binance will charge you a small amount as a commission for supporting the transaction, and that will appear in that summary also.
Now you must certify the order clicking on the "Confirm" button within the next minute, or it will be automatically aborted.
The following step must be carried out on the credit card bank system. Follow the guidelines in the same way you would make a payment with your credit card.
You can take a look at your Binance e-wallet (called the «Spot Wallet») once the banking procedure has been done to see your recently purchased Terracoin (TRC) already credited
See how easy is how to purchase Terracoin (TRC) via Binance P2P
This is a transaction made «Person To Person», i.e.: trading Terracoin (TRC)
with another Binance subscriber. You should add the payment method you want to apply first.
- Choose "Security" in your account.
- Press "Payment" on the left-hand side of the screen.
- After choosing "Add a Payment Method" the Binance platform will guide you through the rest of the process.
When the new method of payment has been included 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 guidelines described below:
- Press the "Buy" button located on the top bar of the "P2P Account" menu
- Here you can select the Terracoin (TRC) you would like to buy, among all those available for buying through P2P operations. We will present «USDT» for this guide.Note that any Terracoin (TRC) bought via P2P trading could be exchanged by any of the currencies available on Binance.
- Locate the "Fiat" label on the top menu and deploy the drop-down list to see all valid currencies. We’ll use «VES» in this example.
- In the "Amount" box, input the sum in VES you wish to invest.
- Once you’ve defined the method of payment, the system will display a list of dealers’ ads.
- Any of the sellers displayed in the list can be chosen, but it is recommendable to choose a verified one (with the blue diamond marking), and better, a high-volume seller (gold star badge).
- Press "Buy USDT"
- In this step, the amount you wish to invest in VES must be entered
- Again, press "Buy USDT"
- That will open a purchase order where you will have connection with the seller. Complete the payment within the established time and click on "Transferred, Next" and then press "Confirm".
Learn how to transfer your Terracoin (TRC) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception acknowledge has been done.
This way, they will quickly be added to your account balance.
Take into account that your Terracoin (TRC) must be in your Spot Wallet in order for you to purchase others, so you will have to send them there before.
You can move them immediately immediately after the buying order is completed just by clicking "Transfer to Spot Wallet".
If you forget to do this right after the purchase, no problem at all: you’ll be able to do it at any moment.
Tips on how to transfer your Terracoin (TRC) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception acknowledge has been done.
The place where Terracoin (TRC) are added to is your account wallet.
Nonetheless, you must move them to your Spot Wallet in case you want to buy another cryptocurrency.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
This Terracoin (TRC) internal movement can be carried out anytime later.
- Drop the "Wallet" menu down and click on the "Wallet Funds" option.
- The "Transfer" button is located on the upper right area of the navigator window. Press it.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: «Funds»
- To: «Fiat and Spot»
- For this post, we will use «USDT» as an example, but you’ll obviously indicate the currency you have
- Input the amount you are sending to the spot walet and press "Confirm".
That’s it! Now you will have money in the Spot Wallet and you will be able to buy any of the several of Terracoin (TRC) that the Binance platform has.
Purchase any crypto from the Binance platform just following the instructions described next:
- Find the "Trading" menu in the upper panel.
- In the list select the "Convert" alternative.
- Indicate the sum of «USDT» you wish to spend.
- Select the cryptocurrency you would like to buy.
- Click on "Preview conversion".
- Validate the operation and that’s all. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
That’s all! Now you will have funds in the Spot Wallet and you will be able to buy any of the several of Terracoin (TRC) that the Binance platform has.
Discover how simple is to purchase any cryptocurrency from Binance:
- In the upper section, find the "Trading" option.
- From the listing choose the "Convert" option.
- Indicate the sum of «USDT» you would like to spend.
- Choose the crypto you wish to buy.
- Select "Preview conversion".
- Validate the operation and that’s it. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
This text surely pictured you a detailed overview of what Binance is and how you can trade Terracoin (TRC) on it.
So, no need to think twice, make a worthwhile business in this cryptocurrency platform.