How to buy Universal Store of Value (USV) on Binance
You can find a lot of trading platforms on the Internet nowadays, but certainly Binance is among the most popular and innovative.
Learning how to purchase Universal Store of Value (USV) is vital if you wish to get started on trading on that platform.
Continue reading this article and you will find all what you need to know about purchasing crypto on Binance.
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Learn how to register on Binance
There’s only way to begin trading within the Binance platform: subscribing to it.
Simply follow each one of the steps below.
Search for the "Register" option in the Binance homepage and click on it to begin the registration process.
Here you have the direct link to Binance.
In the Binance homepage you’ll find a button named "Register with a phone or email". Click on it.
iOS 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, choose your country of residence from the drop down list.
- The next step is choosing a safety password. This is quite relevant since it’s all about your money, so you must to invent a really strong one
- If you wish to be informed periodically via email about Binance news, check in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Next step is the e-mail verification
By now, you surely have received an email sent to the address you’ve just used for creating your Binance account. In its text you’ll see an activation code you’ll have to will enter in that page. Then click on "Send"
You’re now a Binance user!.
Take a time to get acquainted to the different areas of the Binance platform by navigating through them.
That’s the best way to realize how practical the Binance platform is, and how fast you can start trading Universal Store of Value (USV).
The ID verification is a required step you must complete to have access to all these options.
It is very important to notice that until you fulfill this safety measure, youwon’t obtain permission to start trading Universal Store of Value (USV).
No big deal, though. See the following instructions to complete that step.
Verify your account to start trading
To become a certified subscriber you have to complete the steps described below:
Click on "Security" from the drop-down list under the user profile area
You can also press "Verify" button at the top of the navigator window
Locate the option "Identification" on the left part of the screen.
Now you should select your country of residence.
Now, the 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on screen.
Click on the "Start now" button under the "Verified" label, for this will be your beginning level.
A pop-up window will appear, and there you’re going to enter your personal information: Nationality, first name and last name, second name and date of birth. Also, make sure you provide the exact address of your residence
Here, the Binance platform will ask you to use a legal document for identity corroboration.
ID card, passport or even a license will be enough to fulfill this formality.
Now the system will ask you to take a selfie under certain conditions.
After fulfilling all those steps, the Binance platform will execute a verification process on your account.
As soon as your application has been accepted, Binance is going to let you know via e-mail, just be patient.
Congrats! Once you’ve received the confirmation you’re officially licensed to trade Universal Store of Value (USV). See the guidelines that follow.
Learn to purchase Universal Store of Value (USV) on Binance
All right, account verified means you can begin purchasing Universal Store of Value (USV) right now.
Learning how to convert money into Universal Store of Value (USV) is not so difficult.
Here, the Binance platform will require you to use a legal document for identity verification.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
After fulfilling all those steps, the Binance system will perform a confirmation process on your account.
All you have to do is be patient, Binance is going to send you an email when your application has been accepted.
Congratulations! Once you’ve received the confirmation you’re officially licensed to operate with Universal Store of Value (USV). The following instructions will be helpful.
Buying Universal Store of Value (USV) on Binance
So, account verified was all you needed to begin purchasing Universal Store of Value (USV) immediately.
Understanding how to invest your money in Universal Store of Value (USV) is not that hard.
Some steps would probably have optional paths
Look for the "Buy cryptos" menu on the Binance homepage to find out which options can be found when buying.
Certainly, you’ll only be able to do this after you’ve logged in
Unveil all the different buying options just by hovering your mouse over this button.
At this point, the Binance platform will ask you to use a legal document for identity corroboration.
Use your ID card, passport or even your license to complete this step.
In the next step, you will be asked to take a selfie, according to the application’s instructions.
The last step is on Binance’s side: a confirmation process that will take only a short time.
As soon as your request has been approved, Binance is going to send you an e-mail, just be patient.
After that, it’s time to buy Universal Store of Value (USV), just see the instructions below.
Learn to buy Universal Store of Value (USV) on Binance
Starting your Universal Store of Value (USV) trading career has never been so easy, right?.
In this segment you’ll discover how simple is to convert money into Universal Store of Value (USV).
Some processes may have optional paths
To know which options can be found when making a purchase, browse through 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 show a list of alternatives to make the purchase.
Buying Universal Store of Value (USV) with a credit/debit card
The first thing you must do to buy the Universal Store of Value (USV) of your choice using a credit card, should be to pick this method from the drop-down menu labeled "Buy Cryptos".
After that, just observe the following directions:
In the next box, select the currency you’d like to use and indicate the amount you are going to invest.
In the second field you should select the Universal Store of Value (USV) you’d like to get
After you do so, the system will immediately show you the quantity of Universal Store of Value (USV) you will be given, according the amount of USD you’ve just stated.
Next, just follow these guidelines:
Now you should pick the currency you wish to use and enter how much you want to invest.
In the next field you must choose the Universal Store of Value (USV) you intend to buy
Taking into account the amount of USD you’ve previously stated, the system will immediately display the number of Universal Store of Value (USV) you will get.
Press "Continue".
If you are going to pay with a credit card, select in the "Visa/Mastercard" box the button "Add card".
Credit card data must be indicated in this step, then click "Next".
In this step you must write the physical address details for the CC. Then select "Add card".
When you see your card has been included, click on "Continue".
Next, you’ll be presented a quick view of the transaction in its final stage. That includes the sum you will pay, the chosen currency and the amount of Universal Store of Value (USV) purchased.
Another detail of relevance in this overview is the sum Binance will charge you as a commision for making the purchase.
Within the next 60 seconds click on "Confirm", from then on the order will be automatically aborted.
Next, you will be sent to the banking platform the credit card has been issued by. Proceed just as you usually do when making a payment with your credit card on the bank website.
You can take a look at your Binance e-wallet (called the «Spot Wallet») as soon as the banking process has been completed and you’ll find your recently bought Universal Store of Value (USV) already there
Purchase Universal Store of Value (USV) through Binance P2P
A different way to purchase crypto is to exchange it
with another user. To do this, the first step is to define the payment method you want to use.
Next, you’ll see a summary of the operation in its final stage. It includes the sum you are paying, the chosen currency and the amount of Universal Store of Value (USV) bought.
It will also state the commission will be charged for the transaction.
Within the next 60 seconds click on "Confirm", there after the order will be automatically terminated.
The platform will now send you to the bank issuing the credit card. Then you would complete a standard online payment using your credit card.
Your recently bought Universal Store of Value (USV) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») when the banking procedure has been finished
Buy Universal Store of Value (USV) via Binance P2P
You may buy Universal Store of Value (USV) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance trader too. In that case, you should indicate which payment method you would want to make use of first.
- Login to the "Security" section of your profile.
- Click on "Payment" from the menu on the left.
- Press the "Add a Payment Method" button and follow the system directions.
After the new payment method has been included in your profile, look for the "Buy Crypto" menu in the top part of the display, press on the "Trading P2P" button and follow the guidelines described below:
- On the top bar of the "P2P Account" menu, pick "Buy"
- In this bar you will find the list of Universal Store of Value (USV) available for purchase through P2P trading. Select the one you would like to buy, in our case we will present «USDT» as an example.Purchasing one of these Universal Store of Value (USV) through P2P trading will allow the user to exchange it on Binance for any of the currencies available.
- Look for the "Fiat" label on the upper menu and reveal the drop-down menu to see all valid currencies. Let’s use «VES» in this example.
- In the "Amount" box, indicate the amount in VES you would like to invest.
- Indicate the payment method and wait for the system to display all the traders’ ads.
- From the list displayed list, you can choose any of the sellers. It is advisable to choose a verified one and better if a high percentage of completed sales is displayed.
- Next select "Buy USDT"
- Write the amount in VES you would like to pay
- Press "Buy USDT" again
- A buying order has been opened and the seller and you will be able to contact each other for details, if needed. You have a limited time to make the payment, otherwise the order will be canceled by the system (something not good for your reputation as a buyer). Once you paid, click on "Transferred, Next" and then press "Confirm".
How to transfer your Universal Store of Value (USV) to the Spot Wallet
After you have completed a payment to the seller, they may release the Universal Store of Value (USV), just by confirming invoice of the payment.
The default place where Universal Store of Value (USV) are deposited is your Binance wallet.
Take into account that your Universal Store of Value (USV) must be in your Spot Wallet in order for you to purchase others, so you will need to move them there before.
To get this done, all you have to do is press "Transfer to Spot Wallet" once the buying order has been completed.
If you forget to follow this step right after the purchase, there’s nothing to worry about: you’ll be able to do it at any moment.
How you can transfer your Universal Store of Value (USV) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception validation has been done.
This way, they will immediately be deposited into your wallet.
Take into account that your Universal Store of Value (USV) must be in your Spot Wallet in case you want to buy others, so you will have to move them there before.
To accomplish this, you only need to click on "Transfer to Spot Wallet" right after the purchase order is completed.
This Universal Store of Value (USV) internal transfer can be performed whenever you need.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down list.
- The "Transfer" button is located at the top right. Press it.
- A new window will pop-up, where you should change the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Select the currency in which you have funds, in the example right here we use «USDT»
- Type the cryptos you are moving for the Exchange and press "Confirm".
All right! Now you have funds available to buy any of the huge selection of Universal Store of Value (USV) in the Binance platform.
Purchase any crypto from Binance just following the steps described next:
- In the top section, loate the "Trading" option.
- Click on "Convert" from the list.
- Fill in the box the amount of «USDT» you want to spend.
- Now indicate the cryptocurrency you’re interested in.
- Press "Preview conversion".
- Validate the operation and that’s it. You now will have the funds of the chosen crypto in your Spot Wallet.
Perfect! Now you have funds available to trade any of the huge selection of Universal Store of Value (USV) in the Binance platform.
To purchase Universal Store of Value (USV) from Binance what you just have to do is the following:
- In the upper panel, find the "Trading" option.
- From the listing choose the "Convert" option.
- Indicate the sum of «USDT» you wish to spend.
- Now mark the cryptocurrency you’re interested in.
- Press "Preview conversion".
- Confirm the transaction and that’s it. You now will have the amount of the chosen crypto in your Spot Wallet.
You’ve already seen how easy is to start out trading Universal Store of Value (USV) on Binance.
Cryptos have come to stay, and Binance is a secure and practical site to do business. Begin right now!