Purchasing VeriumReserve (VRM) on Binance
No doubt one of the world’s top-notch trading platforms nowadays is Binance.
But if you need to start out operating on it, the first thing you need to do is to figure out how to get VeriumReserve (VRM).
Prior to getting into the wonderful realm of crypto within the Binance platform, you should get acquainted with the following.
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Understand how to register on Binance
To be capable of buying VeriumReserve (VRM) on Binance, one thing you must know indeed is how to subscribe.
Simply follow each one of the steps listed 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 see a button named "Register with a phone or email". Press it.
You can also do this using your iOS tablet.
For the purpose of this post, the e-mail address subscription process will be described.
- In the screen you’ll immediately see, pick your country of residence from the drop-down list.
- Now the extremely important part: password. Define a string of characters strange enough not to be simply guessed. Don’t use your birth date, middle name or things like that. Bear in mind that it’s your cash what will have to be protected by that word
- If you wish to be informed periodically via e-mail 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 Now it just needs to be verified via e-mail
You should have received an e-mail in the address you’ve just used for registering on the Binance platform. It will have an activation keycode you’ll need to will enter in that page. Then press "Send"
Finally, your Binance account has been activated.
It is a nice idea to have a walk through the different options of the Binance platform and get acquainted to them.
That’s the best way to know how practical the Binance platform is, and how fast you can start trading VeriumReserve (VRM).
The identity checking is a required step you must fulfill to have access to all those options.
Notice: No VeriumReserve (VRM) operation will be permitted if you omit this safety step.
No big deal, though. Continue reading through the next paragraphs to fulfill that step.
How to verify your account and put hands on trading
These are the instructions to verify your Binance subscription and get authorized to begin operating:
From the user profile menu, click on "Security"
You may also click the "Verify" button at the top of the navigator window
Go to "Identification" on the left menu.
Now you must pick your country of residence.
Now, the 3 levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Press the "Start now" button under the "Verified" label, for this is the beginning level.
A pop-up window will appear, and there you will be required to enter your personal data: Nationality, first name and surname, middle name and date of birth. Besides, make sure you give the exact address of your residence
Here, the Binance platform will require you to show a legal document for identity checking.
Use your passport, ID card or even your license to complete this step.
Now the system will require you to take a selfie following certain guidelines.
Once you have completed the platform’s requisites, you’ll have to wait a moment while your account is verified.
As soon as your application has been approved, the platform is going to let you know via email, just be patient.
The following instructions will guide you through the VeriumReserve (VRM) purchasing process. As soon as you’ve received the confirmation e-mail, you’re a Binance licensed VeriumReserve (VRM) trader.
Learn to purchase VeriumReserve (VRM) on Binance
All right, account approved was all you needed to begin purchasing VeriumReserve (VRM) right now.
In this section you’ll discover how simple is to invest your money in VeriumReserve (VRM).
It is time to sustain your identity with a legal document.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
Now you’ll have to wait for a short period while an account confirmation process is performed.
Now you must wait until your application has been accepted. Be patient, the platform will send you an e-mail.
Congrats! Now you’re officially authorized to operate with VeriumReserve (VRM). The following instructions will be helpful.
Buying VeriumReserve (VRM) on Binance
Beginning your VeriumReserve (VRM) trading experience has never been so easy, right?.
Take a time to learn how to buy a VeriumReserve (VRM).
Some steps would probably have optional paths
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
Needless to say you must be logged into your account to do this
See all the different purchase options just by placing your mouse over this button.
Here, the Binance platform will require you to show a legal document for identity corroboration.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system requirements to take a selfie.
Now you will have to wait for a short time while an account verification process takes place.
Now you have to wait until your request has been accepted. Be patient, Binance is going to let you know via email.
After that, it’s time to buy VeriumReserve (VRM), just see the instructions below.
Purchasing VeriumReserve (VRM) on Binance
All right, account validated means you can begin purchasing VeriumReserve (VRM) immediately.
First you need to understand how to make a purchase of VeriumReserve (VRM).
You may have more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
Certainly, you’ll only be able to do this once you are logged in
Place your mouse on this key and a list of buying alternatives will be shown.
Did you know you could use your credit or debit card to purchase VeriumReserve?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Read on for further directions:
Currency to be used and amount of the investment should be indicated here.
Next, select the VeriumReserve (VRM) you are going to get
Depending on the amount of USD you’ve previously invested, the platform will automatically show you the number of VeriumReserve (VRM) you are going to be given.
Read on for detailed guidelines:
Currency to be used and how much you’ll invest should be defined here.
In the second field you must pick the VeriumReserve (VRM) you intend to buy
Depending on the amount of USD you’ve just indicated, the platform will immediately show you the quantity of VeriumReserve (VRM) you’ll receive.
Click "Continue".
Now it’s time to define your method of payment. To pay with a credit card, pick in the "Visa/Mastercard" box the button "Add card".
Card details must be entered in this step, then click "Next".
Your credit card’s associated address must be stated next. Be very careful, since you must write it exactly as it is, otherwise your card won’t be admitted. Then select "Add card".
With this, your card will be added to the valid methods of payment in your user profile. Click "Continue".
The platform will now display the summary of the order you are creating. The sum your card will be charged with the currency you have picked, and the VeriumReserve (VRM) you will get.
Certainly, Binance will claim a small amount as a commission for supporting the transaction, and that will be shown in that quick view also.
Within the next 60 seconds press "Confirm", from then on the order will be automatically shut down.
The platform will now send you to the bank issuing the credit card. There you should make a standard on-line payment using your credit card.
You may check your Binance e-wallet (referred to as the «Spot Wallet») when the banking process is complete and you’ll see your recently bought VeriumReserve (VRM) already there
See how easy is how to buy VeriumReserve (VRM) via Binance P2P
This means «Person To Person», i.e.: exchanging VeriumReserve (VRM)
with another Binance user. Payment method is the first setting you will define.
The platform will now show you the details of the order you are generating. The sum you will pay with the currency you’ve chosen, and the VeriumReserve (VRM) you will get.
Indeed, Binance will charge you a small amount as a commission for supporting the purchase, and that will appear in that overview also.
Within the next 60 seconds press "Confirm", after that time the order will be automatically aborted.
The next step has to be done on the credit card bank webpage. Proceed exactly as you do when making a normal on-line credit card payment.
After the banking process has been done, you are already in possession of the purchased VeriumReserve (VRM) in your Binance e-wallet (referred to as the «Spot Wallet»)
Know how to buy VeriumReserve (VRM) with Binance P2P
Another option you have to buy a cryptocurrency is to exchange it
with another user. To get this done, the first step is to add which payment method you wish to work with.
- Login to the "Security" section of your account.
- Select "Payment" on the left-hand side of the screen.
- Click on "Add a Payment Method" and the platform will guide you through the rest of the process.
Once the new method of payment has been configured in your account, locate the "Buy Crypto" menu on the top bar of the navigator, press on the "Trading P2P" button and follow the directions described below:
- Click on the "Buy" button located on the upper bar of the "P2P Account" tab
- In this bar you’ll find all the VeriumReserve (VRM) available for purchase through P2P operations. Choose the one you want, in our case we present «USDT» as an example.Note that any VeriumReserve (VRM) bought via P2P trading is allowed to be exchanged by any of the currencies approved by Binance.
- Choose the currency you want to use from the drop-down menu under the "Fiat" column, for example, «VES».
- In the "Amount" box, indicate the sum in VES you wish to buy with.
- Choose the payment method and wait for the system to show you all of the traders that are offering VeriumReserve (VRM).
- From the list displayed list, you can pick any of the traders. It is recommendable to select a verified one and better if a good percentage of completed sales is displayed.
- Click on "Buy USDT"
- Enter the amount in VES you would want to invest
- Click on "Buy USDT" again
- Now an order has been created and the seller and you will be in touch. Pay, press "Transferred, Next" and then press "Confirm". Be aware that there’s a time limit for you to pay.
The right way to transfer your VeriumReserve (VRM) to the Spot Wallet
The trader, upon receiving your payment, will instantly release the VeriumReserve (VRM).
This way, they will quickly be added to your wallet balance.
Note that you must send them to your Spot Wallet in order for you to buy any other crypto.
That’s easy: just press "Transfer to Spot Wallet" right after the buying order is completed.
This VeriumReserve (VRM) internal movement can be performed anytime later.
How you can transfer your VeriumReserve (VRM) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception validation has been done.
The default place where VeriumReserve (VRM) are transferred to is your account wallet.
Note that you will have to move them to your Spot Wallet in case you would want to buy another crypto.
You can do this immediately right after the purchase order is completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t follow this step, don’t be anxious, you can do it later.
- Drop the "Wallet" list down and select the "Wallet Funds" button.
- See the "Transfer" button at the top right and click on it.
- A new window will pop-up, where you must change 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»
- Enter the amount you are transferring to the spot walet and click "Confirm".
That’s all! This way you will have money in the Spot Wallet so you will be able to trade any of the several of VeriumReserve (VRM) within the Binance platform.
Buy any crypto from the Binance platform just following the steps described below:
- In the upper section, select the "Trading" option.
- From that listing select the "Convert" option.
- Input the amount of «USDT» you would like to spend.
- Now select the crypto you’re about to get.
- Select "Preview conversion".
- Confirm the transaction and that’s all. You now will have the funds of the chosen crypto in your Spot Wallet.
Perfect! Now you have money available to buy any of the numerous VeriumReserve (VRM) in the Binance platform.
Buy any cryptocurrency from Binance just following the instructions described below:
- In the upper panel, select the "Trading" menu.
- Press "Convert" from the list.
- Fill in the box the sum of «USDT» you want to invest.
- Choose the cryptocurrency you wish to purchase.
- Press "Preview conversion".
- Validate the transaction and that’s it. You now will have the amount of the selected crypto in your Spot Wallet.
Based on this information, you are now ready to start trading on the Binance platform.
The future of money trading relies on VeriumReserve (VRM)., and Binance is a secure and friendly place to do business. Begin today!