How to buy Vertcoin (VTC) on the Binance platform
There are many trading platforms today on the WWW, but certainly Binance is among the most popular and innovative.
However, if you’d like to get started operating on it, the first thing you should do is to learn how to purchase Vertcoin (VTC).
Prior to entering the wonderful realm of cryptocurrency on the Binance platform, you will have to get acquainted with the following.
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Discover how to register on Binance
Opening a Binance account is the very first step you need to do.
Quick and easy registration: just follow the guidelines listed below.
Search for the "Register" option in the Binance main page and click on it to begin the registration process.
You can log in directly by clicking here.
Locate the "Register with a phone or email" button in the main page and click on it.
The Binance platform is totally compatible with iOS mobile devices as well.
In this post, we’ll will show you how to do this with an email.
- First, choose the country from the drop down list according to your place of residence.
- The next step is creating a safety password. This is of vital importance since it’s all about your money’s safety, so you must to create a robust one
- Indicate if you would want Binance to send news and information direct to your email. Accept the "Terms of Service" and click on "Create Account"
Binance will automatically send a one-time-only activation code (remember: this is NOT the password you’ve created) that you’ll type it in the corresponding line, then press "Send"
Finally, your Binance account has been activated.
Take a time to become familiar with the different options of the Binance platform by visiting them.
That’s the best way to know how practical the Binance platform is, and how quick you can begin operating with Vertcoin (VTC).
To get access to these options, the first thing you have to do is complete the ID verification.
It is very important to note that unless you complete this safety step, you will not be authorized to start trading Vertcoin (VTC).
In the next paragraphs, you’ll see how to do that. Hassle-free.
Verify your Binance account to get started trading
See the following guidelines and become a certified end user:
On the main screen, hover the mouse on the user profile button and a list will immediately show up where you will press "Security"
You may also click on the "Verify" button on the upper part of the navigator window
Locate the option "Identification" on the left side of the navigator window.
Here you’ll have to choose your country of residence.
Now, the 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on your navigator window.
Now you should choose "Verified", pressing the "Start now" button under it.
At this point, you must give certain personal information:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Exact address of your residence.
- Second name and date of birth.
- Second name and date of birth.
It is time to sustain your identity with a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system instructions to take a selfie.
Now you’ll have to wait for a short time while an account verification process takes place.
So, wait patiently, Binance is going to send you an email as soon as your request has been approved.
The following instructions will guide you through the Vertcoin (VTC) trading process. As soon as you’ve got the confirmation email, you have become a Binance authorized Vertcoin (VTC) trader.
Purchasing Vertcoin (VTC) on Binance
OK, account confirmed means you can begin purchasing Vertcoin (VTC) immediately.
In this section you’ll see how easy is to invest your money in Vertcoin (VTC).
Now you’ll have to to use a legal document to corroborate your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system guidance to take a selfie.
Once those requirements have been fulfilled, the Binance platform will carry out a confirmation process on your account.
As soon as your request has been accepted, Binance will send you an e-mail, just be patient.
Upon receiving that e-mail it’s time to buy Vertcoin (VTC), to do so follow the guidelines below.
Purchasing Vertcoin (VTC) on Binance
Beginning your Vertcoin (VTC) trading career has never been so simple, right?.
In this segment you’ll learn how easy is to convert money into Vertcoin (VTC).
Some steps may have alternative paths
Look for the "Buy cryptos" menu on the Binance main page to know which alternatives can be found when buying.
Certainly, you’ll only be able to do this if you’re logged in
Place your mouse on this key and a list of buying alternatives will deploy.
The next step is to check your identity with a legal document.
ID card, passport or even a driver’s license will be enough to complete this formality.
Now the system will ask you to take a selfie under certain conditions.
After fulfilling all those steps, the Binance platform will perform a confirmation process on your account.
All you have to do is wait patiently, Binance is going to send you an email as soon as your application has been approved.
Upon receiving that email it’s time to buy Vertcoin (VTC), to do so see the guidelines below.
How to buy Vertcoin (VTC) on Binance
Beginning your Vertcoin (VTC) trading career has never been so easy, right?.
Understanding how to invest your money in Vertcoin (VTC) is actually quite easy.
You will probably have different alternatives throughout the process
See the "Buy cryptos" menu on the Binance homepage to find out which alternatives you have when buying.
Needless to say you must log into your account to do this
Place your mouse on this key and a list of buying alternatives will deploy.
Did you know you can use your debit or credit card for buying cryptocurrencies?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Next, just adhere to the following directions:
Currency preferred and amount of the investment should be defined in the next box.
Next, select the Vertcoin (VTC) you’re going to buy
According the amount of USD you’ve recently defined, the system will immediately show you the number of Vertcoin (VTC) you will be given.
After that, just follow these directions:
Now you should select the currency you’d like to buy with and indicate how much you want to invest.
Next, choose the Vertcoin (VTC) you are going to buy
The quantity of Vertcoin (VTC) you are going to get will depend upon the amount of USD you’ve previously indicated. The Binance platform will immediately show it to you.
Press "Continue".
Now it’s time to specify your method of payment. To pay with your credit card, choose in the "Visa/Mastercard" box the option "Add card".
Indicate your CC details and press "Next".
In this step you must write the address the card is associated to. Type it exactly as it is, then choose "Add card".
With this step, your card will be added to the payment methods in your account. Click "Continue".
The platform will now show you the summary of the purchase order you are generating. The sum you are paying with the currency you have selected, and the Vertcoin (VTC) you will receive.
Another detail of relevance in this quick view is the sum Binance will charge you as a commision for making the transaction.
Now you have to acknowledge the order pressing the "Confirm" button within the following minute, or it will be automatically shut down.
The Binance platform will now redirect you to the credit card issuing bank. Then you will make a standard online payment with your credit card.
You may take a look at your Binance digital wallet (called the «Spot Wallet») when the banking process is complete to find your recently bought Vertcoin (VTC) already credited
Purchase Vertcoin (VTC) through Binance P2P
This means «Person To Person», i.e.: trading Vertcoin (VTC)
with another Binance trader. In that case, you should add which payment method you wish to work with first.
The platform will now show you the details of the buying order you are generating. The amount you will pay with the currency you have selected, and the Vertcoin (VTC) you will get.
Indeed, Binance will charge you a certain percentage as a commission for supporting the transaction, and it will appear in that snapshot as well.
Now you must certify the order pressing the "Confirm" button during the following minute, or it will be automatically terminated.
After this, you will be redirected towards the site of the credit card issuing bank. Proceed just as you do when making a payment with your credit card on the bank website.
You may check your Binance digital wallet (called the «Spot Wallet») after the banking procedure is complete to find your recently purchased Vertcoin (VTC) already credited
Purchase Vertcoin (VTC) through Binance P2P
You could get Vertcoin (VTC) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber too. In that case, you should specify which payment method you would want to use first.
- Go to your profile and press "Security".
- Locate the "Payment" option in the menu you’ll see from the menu on the left and choose it.
- As soon as the "Add a Payment Method" option is chosen the Binance system will guide you through the rest of the procedure.
Once the new method of payment has been added to your account, locate the "Buy Crypto" menu on the top bar of the navigator, press on the "Trading P2P" option and follow the directions described below:
- On the upper bar of the "P2P Account" tab, pick "Buy"
- In this bar you will see the list of Vertcoin (VTC) available for purchase via P2P trading. Select the one you want, here we use «USDT» as an example.Any Vertcoin (VTC) purchased through P2P trading could be exchanged by any of the currencies approved by Binance.
- Look for the "Fiat" column on the upper tabs and reveal the drop-down menu to find all available currencies. Let’s use «VES» in this example.
- In the "Amount" box, enter the sum in VES you would like to buy with.
- Indicate the payment method and wait for the system to display all of the traders’ ads.
- From the list displayed list, you may pick any of the sellers. However, it is advisable to select one with the «Verified» mark and better if a high percentage of completed sales is displayed.
- Select "Buy USDT"
- Type the amount in VES you would like to invest
- Click on "Buy USDT" again
- Now a purchase order has been created and the trader and you will contact. Complete the payment, press "Transferred, Next" and then press "Confirm". Notice that there’s a time limit for you to make the payment.
How to transfer your Vertcoin (VTC) to the Spot Wallet
When you have made a payment to the trader, they may release the Vertcoin (VTC), just by confirming receipt of the payment.
This way, they will immediately be added to your wallet balance.
Take into account that your Vertcoin (VTC) must be in your Spot Wallet in case you want to buy others, so you need to transfer them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the buying order is completed.
Should you forget to do this right after buying the cryptos, no problem at all: you’ll be able to do it later.
The right way to transfer your Vertcoin (VTC) to the Spot Wallet
The trader, upon validating money reception, will automatically release the Vertcoin (VTC).
You may see your wallet Binance balance to confirm reception.
Take into account that your Vertcoin (VTC) must be in your Spot Wallet in case you would want to get others, so you must move them there before.
To achieve this, you only need to click on "Transfer to Spot Wallet" once the purchase order is completed.
This Vertcoin (VTC) internal transfer can be performed whenever you need.
- Drop the "Wallet" list down and click on the "Wallet Funds" button.
- Next click on the "Transfer" button at the top right.
- A pop-up window will open, where you should change the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Select the currency in which you have funds, in the example here we use «USDT»
- Enter the amount you are about to send to the spot walet and press "Confirm".
All right! Now you have money available to purchase any of the several Vertcoin (VTC) in the Binance platform.
Find out how easy is to buy any crypto from Binance:
- Select the "Trading" option in the top top section.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to invest.
- Select the crypto you would like to get.
- Select "Preview conversion".
- Confirm the transaction and that’s all. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
That’s all! Now you will have funds in the Spot Wallet and you will be able to trade any of the numerous Vertcoin (VTC) within the Binance platform.
Buy any cryptocurrency from Binance just following the steps detailed below:
- Pick the "Trading" menu in the upper panel.
- Choose "Convert" from the list.
- Enter the sum of «USDT» you would like to spend.
- Now indicate the cryptocurrency you’re about to buy.
- Choose "Preview conversion".
- Confirm the operation and that’s all. You will have the funds of the selected cryptocurrency in your Spot Wallet.
You’ve already learned how easy is to start doing business with Vertcoin (VTC) on Binance.
Don’t wait any more and start earning some extra money.