Buying VINchain (VIN) on the Binance platform
Binance could be considered one of the leading trading platforms in the world.
So, if you want to start trading on it, the first thing you need to do is to understand how to get VINchain (VIN).
Stay on this post and you’ll discover all the information you need for buying crypto on Binance.
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Discover ways to register on Binance
Subscribing to the Binance platform is the initial step you have to accomplish.
Subscribing on the platform is very simple: observe the following guidelines.
Search for the "Register" button in the Binance homepage and click on it to begin the registration process.
Access directly to Binance by clicking here.
Locate the "Register with a phone or email" button in the main page and click on it.
iOS smartphones or tablets can be used to do this as well.
In this guide, we’ll will describe how to do this with an email.
- From the drop down list of countries, pick the one you’re living in.
- The next step is picking a safety password. This is vital since it’s all about your money’s safety, so you must to define a really strong one
- If you wish to be updated periodically via e-mail about Binance news, check in the corresponding option. Next, you must accept the "Terms of Service" and that’s almost all. Your account has been created Now it only needs to be verified via email
Binance will immediately send a one-time-only activation code (NB: this is NOT your password) that you’ll write it in the corresponding box, then press "Send"
You’re now a Binance subscriber!.
Now you may navigate the Binance platform and review all the options it has to offer.
You’ll immediately notice how easy is to begin operating with VINchain (VIN).
The ID verification is a mandatory step you must complete to get access to all these options.
Please, note that it is only after you have completed this safety measure that you’ll obtain permission to start trading VINchain (VIN).
In the next instructions, you’ll be guided about how to do it. Zero problems.
Learn to complete the verification of your Binance account and start trading
To be a certified Binance trader you must follow the next steps:
On the main screen, place the mouse pointer on the user profile option and a list will immediately show up where you will have to click on "Security"
Or just look for the "Verify" button on the top of the screen
Locate the option "Identification" on the left side of the navigator window.
Select the Country of Residence.
Next, the 3 levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on screen.
To begin, press "Start now" just under the "Verified" level.
At this point, you must provide certain personal data:
- Nationality.
- First Name and Last name.
- Second name and birth date.
- Residence address (exact).
- Middle name and date of birth.
- Second name and date of birth.
Here, the Binance platform will ask you to provide a legal document for identity checking.
Use your passport, ID card 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 fulfilled the platform’s instructions, you’ll have to wait a moment while your account is verified.
When your profile has been approved, you will be notified via e-mail, just be patient.
Upon receiving that email it’s time to acquire VINchain (VIN), just follow the guidelines below.
Buying VINchain (VIN) on Binance
Since you have subscribed to the Binance platform and got your account verified, you are OK to start trading.
Understanding how to make a purchase of VINchain (VIN) is not that hard.
Now you’ll need to use a legal document to sustain your identity.
You can do this by using your ID card, passport, or driver’s license.
In the next step, you will be asked to take a selfie, according to the application’s instructions.
Once those steps have been fulfilled, the Binance platform will do a verification process on your account.
Now you have to wait until your profile has been approved. Be patient, the platform is going to let you know via email.
Congrats! Once you’ve received the confirmation you’re officially enabled to trade VINchain (VIN). See the guidelines that follow.
Buying VINchain (VIN) on Binance
OK, account verified means you can begin buying VINchain (VIN) right now.
The first step is to discover how to invest your money in VINchain (VIN).
Be aware that you have different options for this process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Certainly, you’ll only be able to do this once you are logged in
Place your mouse over this option and a list of buying alternatives will deploy.
At this point, the Binance platform will ask you to provide a legal document for identity verification.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will be asked to take a selfie, according to the platform’s requirements.
The last step will be made by the Binance system: a confirmation process that will take only a short time.
As soon as your application has been accepted, Binance is going to send you an e-mail, just be patient.
The following instructions will guide you through the VINchain (VIN) purchasing process. As soon as you’ve received the confirmation email, you are a Binance licensed VINchain (VIN) trader.
Buying VINchain (VIN) on Binance
Since you have registered on the platform and got your account validated, you can start trading.
Understanding how to convert cash into VINchain (VIN) is actually quite easy.
Some steps may have alternative paths
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Needless to say you must log into your account to be able to do this
Place your mouse on this button and a list of buying alternatives will deploy.
Buying VINchain (VIN) using a credit/debit card
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
These instructions will help you in the process:
Now you should pick the currency you wish to use and specify the amount you want to invest.
The the VINchain (VIN) you’d like to buy should be indicated in the second field
Considering the amount of USD you have previously invested, the system will automatically display the number of VINchain (VIN) you’ll be given.
Keep on reading for further directions:
Currency to be used and amount of the investment should be stated here.
The the VINchain (VIN) you’d like to get must be chosen from the second field
Once you do so, the platform will automatically display the quantity of VINchain (VIN) you are going to get, considering the amount of USD you’ve previously stated.
Press "Continue".
In case you decided to pay with your credit card, go to the "Visa/Mastercard" box and press the "Add card" button.
Type your card details and press "Next".
Now write the physical address details for the CC. Following this, select "Add card".
With this, your card will be added to the valid methods of payment in your account. Click "Continue".
The platform will now display the summary of the order you are generating. The sum your card will be charged in the currency you have picked, and the VINchain (VIN) you will receive.
It will also state the commission will be charged for the operation.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The Binance system will now reroute you to the bank issuing the credit card. Proceed just as you do when making a standard on-line credit card payment.
You may check your Binance digital wallet (called the «Spot Wallet») when the banking procedure has been completed to see your recently bought VINchain (VIN) already credited
Know how to purchase VINchain (VIN) through Binance P2P
An optional way to get a cryptocurrency is to trade it
with another user. Method of payment is the first parameter you must specify.
Next, you’ll see a summary of the transaction about to be completed. It includes the sum your card will be charged, the chosen currency and the quantity of VINchain (VIN) bought.
Obviously, Binance will claim a certain percentage as a commission for supporting the purchase, and it will be shown in that summary as well.
Within the next 60 seconds click on "Confirm", there after the order will be automatically terminated.
The next step needs to be done on the credit card bank webpage. Follow the directions in the same way you would normally make a payment with your credit card.
You can take a look at your Binance digital wallet (called the «Spot Wallet») when the banking procedure has been completed to find your recently purchased VINchain (VIN) already credited
See how easy is how to purchase VINchain (VIN) through Binance P2P
You can buy VINchain (VIN) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader as well. In that case, you should state which payment method you want to apply first.
- Go to "Security" in your account.
- In the menu on the left-hand side click on "Payment".
- Select "Add a Payment Method" and the Binance platform will guide you through the rest of the procedure.
Now that the new method of payment has been configured in your profile, go to the upper bar of the navigator and pass over "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following steps:
- Locate the "Buy" button on the upper bar of the "P2P Account" tab and click it
- The complete set of VINchain (VIN) available for purchase via P2P operations will be displayed in this list, so you will be able to pick the one you want. In this guide, we use «USDT».Note that any VINchain (VIN) bought through P2P trading is allowed to be exchanged by any of the foreign currencies approved by Binance.
- It is time to choose the local currency you want to make the payment with, for instance, «VES». To do this, see the drop-down list under the "Fiat" column.
- Now you need to type the sum in VES you’d like to spend in the "Amount" box.
- Indicate the payment method and wait for the platform to display all the dealers’ ads.
- From the list list shown, you can choose any of the traders. Although it is recommendable to choose one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Now click on "Buy USDT"
- Type the amount in VES you wish to invest
- Again, press "Buy USDT"
- Now an order has been generated and you’ll be able to contact the seller. Make the payment, press "Transferred, Next" and then press "Confirm". Note that there’s a time limit for you to make the payment.
Ways to transfer your VINchain (VIN) to the Spot Wallet
When you have made a payment to the trader, they may release the VINchain (VIN), just by confirming receipt of the payment.
The place where VINchain (VIN) are deposited is your Binance wallet.
Although, in order for you to buy another VINchain (VIN), you will have to move them to your Spot Wallet.
To achieve this, all you have to do is press "Transfer to Spot Wallet" once the buying order has been completed.
This VINchain (VIN) internal movement can be done anytime later.
The right way to transfer your VINchain (VIN) to the Spot Wallet
When you have completed a payment to the seller, they are going to release the VINchain (VIN), just by confirming payment reception.
The default place where VINchain (VIN) are deposited is your Binance wallet.
Although, in order for you to purchase another VINchain (VIN), you will need to transfer them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" immediately after the purchase order has been completed.
This VINchain (VIN) internal transfer can be done anytime later.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- The "Transfer" option is located at the top right. Press it.
- In the pop-up window, swap the «From» and «To» options so that it looks like this:
- From: Funds
- To: Fiat and Spot
- For The purpose of this post, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Input the cryptos you are moving for the Exchange and click "Confirm".
That’s it! Now you will have money in the Spot Wallet and you will be able to trade any of the numerous VINchain (VIN) that the Binance platform has.
Find out how easy is to purchase any crypto from the Binance platform:
- In the upper panel, look for the "Trading" option.
- From that list choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you want to invest.
- Now mark the cryptocurrency you’re about to get.
- Click on "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the selected crypto in your Spot Wallet.
All right! Now you have money available to trade any of the huge selection of VINchain (VIN) in the Binance platform.
To buy VINchain (VIN) from Binance all you have to do is described below:
- Select the "Trading" menu in the top top section.
- Press "Convert" from the list.
- Fill in the box the amount of «USDT» you would like to invest.
- Choose the cryptocurrency you would like to purchase.
- Choose "Preview conversion".
- Confirm the operation and that’s it. You now will have the funds of the chosen crypto in your Spot Wallet.
Based upon this information, you are now ready to start trading on Binance.
So, no need to think twice, make a profitable business within the Binance platform.