Purchasing Virtacoin (VTA) on the Binance platform
There are several trading platforms today on the WWW, but certainly Binance is among the most popular and reputed.
Understanding how to trade with Virtacoin (VTA) is crucial if you wish to get started operating on that platform.
This post will try to guide you on how to trade with Virtacoin (VTA) on the Binance Virtacoin (VTA) platform.
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Be able to register on Binance
Opening a Binance account is the very first step you have to do.
Easy subscription: just follow the detailed instructions below.
On the Binance homepage you must locate the "Register" button and press it.
You have the direct link here.
Once on the Binance platform click on the "Register with a phone or email" button.
This can also be done with any iOS phone.
For the purpose of this guide, the e-mail address subscription process will be described.
- First, pick the country from the drop down list according to your place of residence.
- Now the extremely important part: password. Choose an alphanumeric word strange enough not to be easily deducted. Never use your birth date, middle name or things like that. Keep in mind that it’s your money what will be secured by that password
- Mark if you wish Binance to send information and news direct to your e-mail. Accept the "Terms of Service" and press "Create Account"
By now, you should have received an email sent to the address you’ve just used for subscribing on the Binance platform. In its text you’ll find a one-time-only activation keycode you will enter in the corresponding box. Then click on "Send"
You’re now a Binance subscriber!.
Take a time to get acquainted to the different options of the Binance platform by navigating through them.
That’s the best way to know how practical the Binance platform is, and how fast you can start trading Virtacoin (VTA).
Complete the mandatory ID checking to enable all those options.
It is very important to notice that until you complete this protection step, youwon’t be authorized to begin operating with Virtacoin (VTA).
In the next section, you’ll learn how to do it. Zero problems.
Verify your Binance account to begin trading
These are the guidelines to verify your Binance account and get the permission to start operating:
Select "Security" from the drop-down list under the user profile button
Or just look for the "Verify" button on the top of the screen
Locate the option "Identification" on the left side of the screen.
Pick your Country of Residence.
Now you’ll will find 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Begin by selecting "Start now" located under the "Verified" level.
Then it displays a pop-up window where you should provide the following information:
- Nationality.
- First Name and Last name.
- Middle name and birth date.
- Residence address (exact).
It is time to support your identity with a legal document.
passport, ID card or even a driver’s license are all valid documents to fulfill this requirement.
Now the platform 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.
Once your application has been approved, you’ll be informed via email, just be patient.
Upon receiving that email it’s time to purchase Virtacoin (VTA), just follow the instructions below.
Learn to purchase Virtacoin (VTA) on Binance
Now that you are registered on the Binance platform and got your account confirmed, you can begin trading.
First you need to know how to make a purchase of Virtacoin (VTA).
Here, the Binance platform will ask you to use a legal document for identity verification.
Use your ID card, passport or even your license to complete this step.
In the next stage, you will have to take a selfie, following the platform’s guidelines.
The last step will be made by the Binance platform: a corroboration process that will just take a while.
So, be patient, Binance is going to send you an e-mail when your application has been accepted.
The following instructions will guide you through the Virtacoin (VTA) purchasing process. As soon as you’ve received the confirmation email, you’ve become a Binance licensed Virtacoin (VTA) trader.
Buying Virtacoin (VTA) on Binance
OK, account verified means you can begin buying Virtacoin (VTA) right now.
Learning how to buy a Virtacoin (VTA) is not so difficult.
You will probably have more than one option throughout the process
To find out which options you have when buying, look for the "Buy cryptos" menu on the Binance homepage.
You should, of course, do this once you are signed into your account
Placing your mouse pointer over this button will show a list of alternatives for making the purchase.
Now you’ll need to provide a legal document to verify your identity.
You can do this with your passport, ID card, or license.
Now the platform will require you to take a selfie following certain instructions.
Once you have completed the platform’s guidelines, you’ll have to wait a short time while your account is confirmed.
Now you have to wait until your application has been accepted. Be patient, the platform will let you know via e-mail.
Upon receiving that email it’s time to buy Virtacoin (VTA), just see the guidelines below.
Buying Virtacoin (VTA) on Binance
OK, account confirmed means you can begin purchasing Virtacoin (VTA) right now.
The first step is to know how to make a purchase of Virtacoin (VTA).
You may have different options throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Certainly, you’ll only be able to do this once you are logged in
Hovering your mouse pointer over this button will display a list of alternatives to make the purchase.
Did you know you could use your credit or debit card to purchase cryptocurrencies?
Choose the credit card-related option from the "Buy Cryptos" drop-down menu.
Read on for detailed guidelines:
In the next box, select the currency you wish to buy with and type how much you are going to invest.
The the Virtacoin (VTA) you would like to get should be picked from the second field
When you do so, the platform will immediately show you the number of Virtacoin (VTA) you will get, taking into account the amount of USD you’ve previously stated.
Continue reading for detailed guidelines:
Now you should choose the currency you want to buy with and type how much you are going to invest.
In the next field you must choose the Virtacoin (VTA) you’d like to get
After you do so, the platform will automatically display the quantity of Virtacoin (VTA) you’ll receive, taking into account the amount of USD you have recently stated.
Click "Continue".
In case you are going to pay with your credit card, go to the "Visa/Mastercard" box and press the "Add card" option.
Credit card details must be indicated in this step, then press "Next".
Your credit card’s address must be specified next. Try not to err a single character, since you’ll need to type it exactly as it is, otherwise the card could not be approved. Then select "Add card".
With this, your card will be added to the valid methods of payment in your user profile. Press "Continue".
The next screen will display a snapshot of the operation about to be completed. It includes the sum your card will be charged, the chosen currency and the quantity of Virtacoin (VTA) bought.
It will also indicate the commission will be charged for the operation.
Now you must acknowledge the order pressing the "Confirm" button during the next minute, or it will be automatically canceled.
The Binance platform will now reroute you to the bank issuing the credit card. Proceed just as you do when making a payment using your credit card on the bank website.
As soon as the banking process is complete, you are already in possession of the recently bought Virtacoin (VTA) in your Binance e-wallet (called the «Spot Wallet»)
Buy Virtacoin (VTA) through Binance P2P
You can buy Virtacoin (VTA) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance user as well. You should add which payment method you want to apply first.
The next screen will display a summary of the operation about to be completed. It includes the sum your card will be charged, the chosen currency and the amount of Virtacoin (VTA) purchased.
Certainly, Binance will take a small amount as a commission for supporting the operation, and that will be shown in that overview also.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The Binance system will now send you to the bank issuing the credit card. Proceed just as you usually do when making a standard on-line credit card payment.
Your recently bought Virtacoin (VTA) will be available in your Binance e-wallet (referred to as the «Spot Wallet») once the banking process is complete
Know how to purchase Virtacoin (VTA) via Binance P2P
This is a transaction made «Person To Person», i.e.: trading Virtacoin (VTA)
with another Binance user. Payment method is the first setting you should state.
- Login to the "Security" section of your account.
- Choose "Payment" on the left-hand side of the screen.
- Click the "Add a Payment Method" button and follow the system directions.
After you finished including the new method of payment to your profile, go to the "Buy Crypto" menu (top part of the screen), select the "Trading P2P" button, and follow the guidelines below:
- On the top bar of the "P2P Account" tab, choose "Buy"
- This bar shows all the Virtacoin (VTA) available for purchase through P2P trading. Select the one you would like to buy, for this exercise we use «USDT» as an example.It is important to note that when you purchase one of these cryptocurrencies through P2P trading, you’ll be able to exchange it for any of the currencies valid in the Binance platform.
- Choose the local currency you want to pay with from the drop-down menu under the "Fiat" column, for example, «VES».
- Now you must type the amount in VES you’d like to invest in the "Amount" box.
- Select the payment method and wait for the platform to display the list of the traders that are offering Virtacoin (VTA).
- Select a trader from the list shown. We advise that you pick a verified one with a high percentage of sales completed.
- Select "Buy USDT"
- Write the amount in VES you want to pay
- Again, press "Buy USDT"
- This will open a purchase order where you will have contact with the seller. Pay within the established time and click on "Transferred, Next" and then press "Confirm".
Learn how to transfer your Virtacoin (VTA) to the Spot Wallet
The trader, upon confirming payment reception, will immediately release the Virtacoin (VTA).
So, they will immediately be added to your account balance.
Note that you will need to send them to your Spot Wallet in case you want to buy any other crypto.
That’s quite simple: just press "Transfer to Spot Wallet" once the buying order has been completed.
This Virtacoin (VTA) internal transfer can be done whenever you need.
How to transfer your Virtacoin (VTA) to the Spot Wallet
Once you have made a payment to the seller, they will release the Virtacoin (VTA), just by confirming payment reception.
So, they will automatically be deposited into your wallet.
Although, in case you want to get any other Virtacoin (VTA), you will need to transfer them to your Spot Wallet.
To accomplish this, you only need to click on "Transfer to Spot Wallet" immediately after the buying order is completed.
This Virtacoin (VTA) internal transfer can be done anytime later.
- Drop the "Wallet" menu down and click on the "Wallet Funds" button.
- Then press "Transfer" option at the top right.
- In the pop-up window, swap the «From» and «To» options so that it looks like this:
- From: "Funds"
- To: "Fiat and Spot"
- For this post, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Set the amount you are sending to the spot walet and click "Confirm".
That’s all! Now you will have funds in the Spot Wallet so you will be able to buy any of the several of Virtacoin (VTA) that the Binance platform has.
Discover how simple is to buy any cryptocurrency from the Binance platform:
- Pick the "Trading" option in the top top section.
- From that listing select the "Convert" option.
- Fill in the box the amount of «USDT» you would like to spend.
- Now select the crypto you’re interested in.
- Press "Preview conversion".
- Validate the transaction and that’s all. Now you will have the amount of the chosen crypto in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from purchasing any crypto you believe could be profitable.
Purchase any cryptocurrency from the Binance platform just following the instructions described next:
- In the upper panel, find the "Trading" option.
- From that listing select the "Convert" option.
- Indicate the sum of «USDT» you want to invest.
- Choose the crypto you wish to buy.
- Select "Preview conversion".
- Validate 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 doing business with Virtacoin (VTA) on Binance.
So, no need to think twice, make a fruitful business in this crypto platform.