Learn how to buy Webcoin (WEB) on Binance
You can find several trading platforms today on the ’net, but undoubtedly Binance is among the most popular and innovative.
Understanding how to buy Webcoin (WEB) is crucial if you need to start trading on that platform.
For this reason, in this post we’ll try to give you all what you need to know to purchase Webcoin (WEB) on the Binance crypto platform.
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Discover ways to register on Binance
Opening a Binance account is the initial step you must do.
Just follow each of the steps below.
Visit the Binance main page and click on the "Register" button.
You may access directly by pressing here.
In the Binance homepage you’ll find a button named "Register with a phone or email". Press it.
This can also be done with any iOS device.
For the purpose of this post, the e-mail address subscription process will be described.
- In the window that will be shown, pick your country of residence from the drop down list.
- Next, enter your e-mail address and a password. Be well aware that you are going to trade your money, you ought to give importance to the password you choose
- Now you must accept "Terms of Service" and, if you want to get information, updates and news from Binance in your e-mail address, mark in the corresponding box
Check the inbox at the email address you used for enrollment and search the activation code for your Binance account. Write it in the corresponding box and click on "Send"
And that’s all! You are now registered to Binance.
Take a time to get acquainted to the different areas of the Binance platform by browsing them.
This way you canit is possible to start operating with Webcoin (WEB) easily.
The ID verification is a required step you need to fulfill to gain access to all those options.
Please, note that it is only after you have completed this security step that you’ll get permission to start trading Webcoin (WEB).
In the next paragraphs, you’ll learn how to do that. Zero problems.
Verify your Binance account to get started on trading
To be an authorized subscriber you have to follow the next steps:
From the user profile menu, select "Security"
You may also press "Verify" button on the upper part of the navigator window
Go to "Identification" on the left menu.
Here you must pick your country of residence.
The platform will display you three verification levels: the current one, the Verified, and the Verified Plus.
Begin by choosing "Start now" located under the "Verified" level.
At this point, you must provide some personal data:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Exact address of your residence.
- Middle name and birth date.
- Middle name and date of birth.
Next, you’ll have to to show a legal document to check your identity.
passport, ID card or even a license will be enough to complete this formality.
Now, you will have to take a selfie, according to the application’s guidelines.
After you have completed the platform’s guidelines, you will have to wait a while for the verification to be applied to your account.
Now you have to wait until your request has been accepted. Be patient, the system will let you know via email.
The following instructions will guide you through the Webcoin (WEB) purchasing process. As soon as you’ve received the confirmation e-mail, you’re a Binance authorized Webcoin (WEB) trader.
Learn to purchase Webcoin (WEB) on Binance
Since you have registered on the platform and have your account validated, you are able to begin trading.
In this section you’ll discover how easy is to convert money into Webcoin (WEB).
At this point, the Binance platform will require you to show a legal document for identity checking.
You can do this by using your ID card, passport, or license.
Follow the system instructions to take a selfie.
The final step is on Binance’s side: a verification process that will take only a short time.
As soon as your request has been accepted, the system will let you know via e-mail, just be patient.
The following instructions will guide you through the Webcoin (WEB) trading process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance authorized Webcoin (WEB) trader.
How to buy Webcoin (WEB) on Binance
Since you have registered on the platform and got your account approved, you can start trading.
In this segment you’ll learn how easy is to convert money into Webcoin (WEB).
Be aware that you have different alternatives for this process
See the "Buy cryptos" menu on the Binance homepage to find out which options are available to you when buying.
You should, of course, do that after you’ve signed into your account
Place your mouse over this key and a list of buying alternatives will deploy.
Here, the Binance platform will require you to present a legal document for identity verification.
You can do this with your passport, ID card, or driver’s license.
Follow the system guidelines to take a selfie.
After completing all those steps, the Binance system will execute a verification process on your account.
Now you must wait until your application has been approved. Be patient, the system is going to send you an e-mail.
The following instructions will guide you through the Webcoin (WEB) purchasing process. As soon as you’ve received the confirmation email, you’re a Binance authorized Webcoin (WEB) trader.
Buying Webcoin (WEB) on Binance
Since you are subscribed to the platform and got your account approved, you’re OK to begin trading.
Understanding how to convert money into Webcoin (WEB) is actually quite easy.
You will probably find different options throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
You should, of course, make this happen once you are logged into your account
Placing your mouse pointer over this key will show a list of alternatives for making the purchase.
Making use of your debit or credit card for buying cryptos
Choose the credit card-related option from the drop-down menu labeled "Buy Cryptos".
Keep on reading for detailed guidelines:
In the next box, select the currency you wish to use and enter how much you want to invest.
The the Webcoin (WEB) you would like to get must be indicated in the second field
The number of Webcoin (WEB) you will be given will depend upon the amount of USD you have recently stated. The Binance platform will immediately show it to you.
Next, just carry out the following directions:
Now you must choose the currency you want to use and indicate the amount you are going to invest.
The the Webcoin (WEB) you’d like to get should be indicated in the second field
After you do so, the system will automatically display the quantity of Webcoin (WEB) you’ll get, according the amount of USD you’ve recently indicated.
Click "Continue".
In case you decided to pay with a credit card, choose in the "Visa/Mastercard" box the button "Add card".
Card numbers must be entered in this step, then press "Next".
Your credit card’s address should be specified next. Be very careful, since you must enter it exactly as it is, otherwise your card might not be approved. Then select "Add card".
Now that your new card has been included, press "Continue".
Next, you’ll see a summary of the transaction about to be completed. It includes the amount you will pay, the selected currency and the quantity of Webcoin (WEB) you will be given.
Another important detail in this snapshot is the sum you’ll be charged as a commision for making the purchase.
At this point you have 1 minute to click on "Confirm", otherwise the order will be automatically aborted.
The following step must be carried out on the credit card bank system. Follow the guidelines in the same way you would normally pay with your credit card.
After the banking procedure has been done, you are already in possession of the purchased Webcoin (WEB) in your Binance digital wallet (referred to as the «Spot Wallet»)
See how easy is how to purchase Webcoin (WEB) with Binance P2P
That means «Person To Person», i.e.: exchanging Webcoin (WEB)
with another Binance trader. To achieve this, the first step is to indicate which payment method you would want to use.
The system will now show you the summary of the purchase order you are generating. The sum you are paying with the currency you’ve picked, and the Webcoin (WEB) you will get.
Another important detail in this snapshot is the sum Binance will charge you as a commision for making the purchase.
Now you have to acknowledge the order pressing the "Confirm" button within the next 60 seconds, or it will be automatically shut down.
The following step must be carried out on the credit card banking platform. Proceed just as you usually do when making a payment using your card on the bank website.
Your recently purchased Webcoin (WEB) will be available in your Binance e-wallet (called the «Spot Wallet») after the banking process is complete
Buy Webcoin (WEB) with Binance P2P
This means «Person To Person», i.e.: exchanging Webcoin (WEB)
with another Binance user. Method of payment is the first parameter you will indicate.
- Login to the "Security" section of your profile.
- Look for the "Payment" option in the menu you’ll see from the menu on the left and choose it.
- Click on "Add a Payment Method" and the Binance system will guide you through the rest of the process.
Once the new method of payment has been added to your account, look for the "Buy Crypto" menu on the top part of the screen, press on the "Trading P2P" option and follow the directions described below:
- Locate the "Buy" button on the top bar of the "P2P Account" tab and press it
- All the Webcoin (WEB) available for buying through P2P trading will be shown in this list, so you will be able to pick the one you’re interested in. In this guide, we will use «USDT».Buying one of these Webcoin (WEB) via P2P trading allows the trader to exchange it on the Binance platform for any of the currencies available.
- Now you should select the local currency you want to make the payment with, for instance, «VES». To do this, see the drop-down list under the "Fiat" label.
- Use the "Amount" box to input the amount in VES you’d like to use to purchase Webcoin (WEB).
- You will be able to see a list of traders offering cryptos as soon as you have defined the payment method.
- Select a seller from the displayed list. We suggest that you choose a verified one with a high completed sales rate.
- Now select "Buy USDT"
- Now the amount you would want to invest in VES must be entered
- Press "Buy USDT" again
- A purchase order has been created and the trader and you will be able to contact each other for further details, if needed. You have a limited time to pay, if you fail doing so the order will be aborted by the system (something not good for your reputation as a buyer). Once you paid, click on "Transferred, Next" and then press "Confirm".
Tips on how to transfer your Webcoin (WEB) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception acknowledge has been done.
The default place where Webcoin (WEB) are deposited is your account wallet.
NB: you will have to move them to your Spot Wallet in case you would want to buy any other crypto.
That’s quite simple: just press "Transfer to Spot Wallet" immediately after the buying order has been completed.
If you forget to do this right after the purchase, there’s nothing to worry about: you’ll always be able to do it later.
Ways to transfer your Webcoin (WEB) to the Spot Wallet
Once you have completed a payment to the seller, they will release the Webcoin (WEB), by confirming receipt of the payment.
The place where Webcoin (WEB) are added to is your Binance wallet.
Take into account that your Webcoin (WEB) must be in your Spot Wallet in order for you to purchase others, so you will have to send them there before.
You can do this immediately right after the purchase order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t follow this step, don’t get worried, you can do it later.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down menu.
- The "Transfer" option 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»
- Choose the currency in which you have funds, in the example right here we use «USDT»
- Type the amount you are moving for the Exchange and press "Confirm".
With these money already in your Spot Wallet, don’t fear to trade any cryptocurrency you believe will yield the highest profit.
To purchase Webcoin (WEB) from the Binance platform what you just have to do is described below:
- Select the "Trading" menu in the upper panel.
- Click on "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to invest.
- Now indicate the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Confirm the transaction and that’s all. You now will have the amount of the chosen crypto in your Spot Wallet.
That’s it! This way you will have money in the Spot Wallet so you will be able to buy any of the numerous Webcoin (WEB) that the Binance platform has.
Note how simple is to purchase any cryptocurrency from the Binance platform:
- Select the "Trading" menu in the top panel.
- Choose "Convert" from the list.
- Fill in the box the amount of «USDT» you want to invest.
- Now indicate the crypto you’re interested in.
- Click on "Preview conversion".
- Validate the operation and that’s it. You will have the funds of the selected crypto in your Spot Wallet.
Based on the above mentioned information, you are now ready to start trading on Binance.
So, no need to think twice, make a fruitful business in this cryptocurrency platform.