Learn how to buy ugChain (UGC) on the Binance platform
You can find a lot of trading platforms today on the Internet, but without a doubt Binance is among the most popular and reputed.
So, if you want to begin trading on it, the first thing you must do is to discover how to buy ugChain (UGC).
Keep on reading this article and you’ll see all the information you need for buying crypto on Binance.
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How to register on Binance
Opening a Binance account is the very first step you need to accomplish.
Registering the Binance platform is quite simple: see the following instructions.
On the Binance homepage you must locate the "Register" button and press it.
Here you have the direct access to Binance.
Look for the "Register with a phone or email" button in the homepage and press it.
The Binance platform is totally compatible with iOS devices as well.
For the purpose of this post, the e-mail address subscription technique will be explained.
- In the screen that will be displayed, select your country of residence from the drop down list.
- The next step is picking a secure password. This is quite important since it’s all about your money, so you have to create a really strong one
- Here you must accept "Terms of Service" and, if you would want to receive information, updates and news from Binance in your email address, check in the corresponding box
Binance will immediately send an activation password (NB: this is NOT your password) that you’ll enter it in the corresponding box, then press "Send"
That’s all! You are now subscribed to Binance.
Take a time to get acquainted to the different options of the Binance platform by visiting them.
That’s the best way to understand how practical the Binance platform is, and how quick you can begin operating with ugChain (UGC).
The ID verification is a required step you have to fulfill to get access to all these options.
Please, be well aware that it will be only after you have fulfilled this safety step that you’ll obtain permission to start trading ugChain (UGC).
No big deal, though. Read the following section to complete that step.
Verify your Binance account to get started trading
Read the following instructions and become an authorized subscriber:
Click on "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 press the "Verify" button
In the list shown on the left-hand side of the screen, pick the "Identification" option.
Select your Country of Residence.
The platform displays you 3 levels of verification: the current one, the Verified, and the Verified Plus.
Here you must select "Verified", clicking on the "Start now" option under it.
At this point, the user is required to provide some personal data:
- Nationality.
- First Name and Last name.
- Second name and date of birth.
- Residence address (exact).
- Second name and birth date.
- Middle name and birth date.
Next, you’ll have to to provide a legal document to corroborate your identity.
Use your passport, ID card or even your license to complete this step.
In the next step, you will be asked to take a selfie, following the platform’s instructions.
After you have completed the system’s guidelines, you will have to wait a while for the verification to be applied to your account.
When your application has been accepted, you’ll be informed via email, just be patient.
Congrats! Now you’re officially enabled to trade ugChain (UGC). The following instructions will be helpful.
Purchasing ugChain (UGC) on Binance
Beginning your ugChain (UGC) trading adventure has never been so easy, right?.
In this segment you’ll discover how easy is to make a purchase of ugChain (UGC).
It is time to check your identity using a legal document.
Use your ID card, passport or even your license to complete this step.
Now, you will be asked to take a selfie, following the application’s guidance.
After completing all those requisites, the Binance platform will perform a confirmation process on your account.
Once your application has been approved, you’ll be informed via e-mail, just be patient.
Congrats! Now you’re officially licensed to trade ugChain (UGC). See the guidelines that follow.
How to buy ugChain (UGC) on Binance
Now that you have subscribed to the platform and got your account validated, you’re OK to start trading.
In this section you’ll discover how simple is to convert cash into ugChain (UGC).
Some steps may have optional paths
To find out which options you have when buying, browse through the "Buy cryptos" menu on the Binance homepage.
You will need to, of course, do this after you’ve signed into your account
Uncover all the different purchase options just by placing your mouse over this button.
Next, you’ll need to provide a legal document to support your identity.
Use your ID card, passport or even your license to complete this step.
Now, you will be asked to take a selfie, following the platform’s guidance.
When you have completed the system’s guidelines, you will have to wait a short time while your account is confirmed.
Now be patient, Binance is going to send you an e-mail when your request has been approved.
Congratulations! Now you’re officially enabled to buy ugChain (UGC). See the guidelines that follow.
How to purchase ugChain (UGC) on Binance
So, account approved means you can begin purchasing ugChain (UGC) right now.
Learning how to buy a ugChain (UGC) is actually quite easy.
Some steps might have alternative paths
Use the "Buy cryptos" menu on the Binance homepage to know which options can be found 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.
Make use of your credit or debit card for buying ugChain (UGC)
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
Read on for detailed guidelines:
Now you must choose the currency you want to buy with and indicate the amount you are going to invest.
In the second field you must pick the ugChain (UGC) you would like to buy
Taking into account the amount of USD you’ve just defined, the system will immediately show you the quantity of ugChain (UGC) you are going to receive.
Read on for further directions:
Currency preferred and amount of the investment should be defined in the next box.
Next, choose the ugChain (UGC) you’re going to purchase
When you do so, the system will immediately show you the number of ugChain (UGC) you’ll get, considering the amount of USD you’ve just invested.
Now select "Continue".
Now you must indicate the method of payment you’ll use. To pay with your credit card, select in the "Visa/Mastercard" field the option "Add card".
Then the system will ask you to type your credit card data.
Your credit card’s associated address must be specified next. Try not to mistype a single character, since you must type it exactly as it is, otherwise your card won’t be admitted. Then choose "Add card".
With this step, your card will be added to the payment methods in your user profile. Press "Continue".
The system will now show you the synthesis of the buying order you are creating. The sum your card will be charged with the currency you’ve chosen, and the ugChain (UGC) you will get.
Another important detail in this quick view is the amount Binance will charge you as a commision for making the transaction.
Now you must accept the order pressing the "Confirm" button within the next minute, or it will be automatically shut down.
The following step must be carried out on the credit card banking webpage. Then you should make a normal on-line payment using your credit card.
When the banking process has been finished, you’ll have your recently bought ugChain (UGC) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy ugChain (UGC) through Binance P2P
You may buy ugChain (UGC) not only via a direct purchase, but trading them «Person To Person»
with another Binance user as well. Payment method is the first parameter you must state.
Next, all the relevant details of the transaction will be presented: the amount to be charged on your credit card and the corresponding currency, and obviously, the cryptos you will receive.
Obviously, Binance will charge you a small amount as a commission for making the transaction, and it will appear in that summary as well.
Now you must acknowledge the order pressing the "Confirm" button during the next minute, or it will be automatically canceled.
The platform will now redirect you to the credit card issuing bank. Follow the directions in the same way you would generate a payment with your credit card.
You may check your Binance e-wallet (called the «Spot Wallet») when the banking process has been completed and you’ll see your recently bought ugChain (UGC) already there
Know how to buy ugChain (UGC) through Binance P2P
Another option you have to buy crypto is to trade it
with another person. To accomplish this, the first step is to specify the payment method you wish to work with.
- Go to the "Security" section of your profile.
- Locate the "Payment" option in the menu you’ll see from the menu on the left and select it.
- Select "Add a Payment Method" and the Binance platform will guide you through the rest of the process.
Once you have added the new method of payment to your profile, go to the "Buy Crypto" menu (top part of the screen), find the "Trading P2P" button, and follow the instructions below:
- On the top bar of the "P2P Account" tab, select "Buy"
- Here you can select the ugChain (UGC) you’re interested in, among all those available for purchase via P2P trading. We will use «USDT» in this guide.Note that any ugChain (UGC) bought via P2P trading could be exchanged by any of the currencies available on Binance.
- Select the local currency you want to use from the drop-down menu under the "Fiat" label, for example, «VES».
- In the "Amount" box, enter the sum in VES you wish to invest.
- Once you have defined the payment method, the platform will show you a list of dealers’ offers.
- From the list list shown, you may choose any of the traders. Although it is recommendable to select a verified one and better if a good percentage of completed sales is displayed.
- Click on "Buy USDT"
- Now the amount you want to pay in VES must be input
- Click on "Buy USDT" again
- That will open an order where you will have contact with the trader. Make the payment within the time limit and click on "Transferred, Next", then press "Confirm".
Learn how to transfer your ugChain (UGC) to the Spot Wallet
When you have made a payment to the seller, they may release the ugChain (UGC), just by confirming receipt of the payment.
You may see your wallet account balance to confirm reception.
But in order for you to get another ugChain (UGC), you will need to move them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" right after the buying order is completed.
If you didn’t follow this step, don’t stress, you can move the cryptos at any other time.
How you can transfer your ugChain (UGC) to the Spot Wallet
The trader, upon validating money reception, will automatically release the ugChain (UGC).
The default place where ugChain (UGC) are deposited is your Binance wallet.
Note that you will need to move them to your Spot Wallet in order for you to buy any other crypto.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order has been completed.
This ugChain (UGC) internal movement can be performed whenever you need.
- Select "Wallet Funds" from the "Wallet" drop-down menu.
- See the "Transfer" option at the top right and press it.
- A new window will pop-up, where you must configure the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Select the currency according to your funds in the platform, in this example we’ll use «USDT»
- Type the cryptos you are sending for the Exchange and click "Confirm".
That’s all! This way you will have funds in the Spot Wallet so you will be able to buy any of the several of ugChain (UGC) that the Binance platform has.
Buy any crypto from Binance just following the instructions described below:
- Select the "Trading" menu in the upper section.
- Select "Convert" from the list.
- Input the sum of «USDT» you want to invest.
- Choose the crypto you intend to buy.
- Press "Preview conversion".
- Validate the operation and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have funds available to trade any of the huge selection of ugChain (UGC) in the Binance platform.
Buy any crypto from the Binance platform just following the instructions detailed next:
- Select the "Trading" option in the top upper section.
- Pick "Convert" from the list.
- Enter the amount of «USDT» you would like to spend.
- Now mark the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Confirm the operation and that’s it. You will have the funds of the chosen crypto in your Spot Wallet.
Based upon the information above, you are now ready to start trading on Binance.
So, no need to think twice, make a worthwhile business in this cryptocurrency platform.