How to buy WHEAT (WHEAT) on Binance
There are a lot of trading platforms on the WWW nowadays, but undoubtedly Binance is among the most popular and innovative.
Therefore, the first thing you must to do if you wish to start operating on it is to discover ways to buy WHEAT (WHEAT).
Continue reading this article and you’ll find all what you need to know about buying crypto on Binance.
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Discover ways to register on Binance
To be capable of buying WHEAT (WHEAT) on Binance, what you need to know is how to subscribe.
Subscribing to the platform is quite easy: see the following instructions.
Search for the "Register" option in the Binance homepage and press on it to start the registration process.
You can access directly by clicking here.
In the Binance main page you’ll find a button with the label "Register with a phone or email". Click on it.
Apple smartphones or tablets can be used to do this as well.
Here we’ll will describe the registration technique using an email address.
- In the screen that is displayed, choose your country of residence from the drop down list.
- The next step is choosing a safety password. This is quite important since it’s all about your money, so you have to create a robust one
- Choose whether you wish to receive information and news directly from Binance in your inbox. Accept the "Terms of Service" and press "Create Account"
Binance will automatically send an activation keycode (NB: this is NOT your password) that you’ll enter it in the corresponding box, then press "Send"
You’re now a Binance user!.
Take a time to become familiar with the different options of the Binance platform by navigating through them.
You’ll immediately notice how simple is to start trading WHEAT (WHEAT).
To have access to these options, the first thing you must do is fulfill the identity verification.
Notice: No WHEAT (WHEAT) operation will be permitted if you overlook this security step.
In the following section, you’ll be guided about how to do it. Hassle-free.
How to complete the verification of your account and put hands on trading
See the next instructions and become an authorized customer:
Pick "Security" from the drop-down list under the user profile button
Or just look for the "Verify" button on the upper part of the screen
Look for the option "Identification" on the left part of the screen.
Select your Country of Residence.
Now, the 3 verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on your navigator window.
To begin, press "Start now" located below the "Verified" level.
In this step, the subscriber is required to give some personal data:
- Nationality.
- First Name and Last name.
- Second name and date of birth.
- Residence address (exact).
- Second name and date of birth.
- Second name and birth date.
The next step is to sustain your identity with a legal document.
Use your ID card, passport or even your license to complete this step.
Follow the system guidance to take a selfie.
Now you’ll have to wait for a short time while an account verification process is performed.
Once your request has been approved, you’ll be notified via email, just be patient.
The following instructions will guide you through the WHEAT (WHEAT) trading process. As soon as you’ve got the confirmation email, you’re a Binance authorized WHEAT (WHEAT) trader.
Purchasing WHEAT (WHEAT) on Binance
OK, account confirmed was all you needed to begin buying WHEAT (WHEAT) right now.
Take a time to understand how to invest your money in WHEAT (WHEAT).
Here, the Binance platform will require you to provide a legal document for identity verification.
You can do this with your ID card, passport, or license.
Follow the system guidance to take a selfie.
After you have completed the system’s requirements, you will have to wait a while for the verification to be performed on your account.
All you need to do is wait patiently, Binance will send you an e-mail when your application has been accepted.
The following instructions will guide you through the WHEAT (WHEAT) purchasing process. As soon as you’ve received the confirmation email, you’ve become a Binance licensed WHEAT (WHEAT) trader.
Buying WHEAT (WHEAT) on Binance
Starting your WHEAT (WHEAT) trading adventure has never been so easy, right?.
In this segment you’ll learn how simple is to invest your money in WHEAT (WHEAT).
Take into account that you have more than one option for this process
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
You should, of course, do this after you’ve logged into your account
See all the different purchase options just by hovering your mouse over this button.
The next step is to corroborate your identity using a legal document.
You can do this with your ID card, passport, or driver’s license.
Now the system will ask you to take a selfie following certain instructions.
Once you have completed the platform’s requirements, you’ll have to wait a moment for the confirmation to be performed on your account.
So, be patient, Binance will let you know via email once your request has been approved.
Upon receiving that e-mail it’s time to get WHEAT (WHEAT), to do so see the guidelines below.
Buying WHEAT (WHEAT) on Binance
Now that you have registered on the platform and have your account approved, you are OK to start trading.
Understanding how to invest your money in WHEAT (WHEAT) is not so difficult.
Some steps might have optional paths
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
You need to, of course, do that after you’ve signed into your account
Hover your mouse on this key and a list of buying alternatives will be displayed.
Learn how to use your credit or debit card for buying cryptocurrencies
What you must do to buy the WHEAT (WHEAT) you want using a credit card, is to choose this option from the drop-down list labeled "Buy Cryptos".
Read on for further directions:
Currency to be used and amount of the investment must be indicated in the next box.
The the WHEAT (WHEAT) you intend to get should be indicated in the second field
When you do so, the system will immediately show you the number of WHEAT (WHEAT) you will get, considering the amount of USD you’ve previously invested.
These directions will help you in the process:
Now you should pick the currency you’d like to use and enter how much you are going to invest.
Next, select the WHEAT (WHEAT) you’re going to get
Considering the amount of USD you have recently defined, the platform will immediately show you the quantity of WHEAT (WHEAT) you’ll receive.
Click "Continue".
To use your Visa/MC credit card as a payment method, choose in the "Visa/Mastercard" field the option "Add card".
Type your credit card numbers and press "Next".
Your credit card’s associated address must be specified next. Try not to mistype a single character, since you’ll need to write it exactly as it is, otherwise your card might not be accepted. Then choose "Add card".
Click "Continue" once you notice your card has been successfully included in your user profile as a new payment method.
The next screen will display a snapshot of the transaction about to be completed. It includes the amount your card will be charged, the selected currency and the quantity of WHEAT (WHEAT) purchased.
It will also let you know the commission will be charged for the transaction.
Now you must accept the order pressing the "Confirm" button within the following minute, or it will be automatically terminated.
The Binance platform will now redirect you to the bank issuing the credit card. Then you will make a standard on-line payment using your credit card.
You may take a look at your Binance digital wallet (called the «Spot Wallet») after the banking process has been finished and you’ll find your recently purchased WHEAT (WHEAT) already credited
Buy WHEAT (WHEAT) through Binance P2P
You can buy WHEAT (WHEAT) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user as well. In that case, you should add the payment method you wish to use first.
Next, you’ll be presented a snapshot of the transaction about to be completed. It includes the sum your card will be charged, the selected currency and the amount of WHEAT (WHEAT) purchased.
Another detail of relevance in this snapshot is the sum Binance will charge you as a commision for making the operation.
In less than 1 minute click on "Confirm", and then the order will be automatically terminated.
The platform will now reroute you to the credit card issuing bank. Follow the instructions in the same way you would generate a payment with your card.
Your recently bought WHEAT (WHEAT) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking procedure has been finished
Purchase WHEAT (WHEAT) with Binance P2P
You may get WHEAT (WHEAT) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. In that case, you should specify which payment method you would want to apply first.
- Click on "Security" in your profile.
- Choose "Payment" from the menu on the left.
- Select "Add a Payment Method" and the system will guide you through the rest of the procedure.
Once you have configured the new method of payment to your profile, go to the "Buy Crypto" menu (upper bar of the navigator), select the "Trading P2P" option, and follow the guidelines below:
- Click the "Buy" option on the upper bar of the "P2P Account" menu
- The complete set of WHEAT (WHEAT) available for purchase through P2P operations will be shown in this list, so you will be able to select the one you would like to buy. In this guide, we will use «USDT».It is important to note that when you buy one of these cryptocurrencies in P2P trading, you’ll be able to exchange it for any of the currencies that operate on the Binance platform.
- Choose the local currency you want to pay with from the drop-down menu under the "Fiat" column, for example, «VES».
- Use the "Amount" box to enter the sum in VES you’re going to use to buy WHEAT (WHEAT).
- Define the method of payment and wait for the system to display all the traders’ ads.
- Locate a seller from the displayed list. We suggest that you choose a verified one with a high completed sales rate.
- Select "Buy USDT"
- In this step, the amount you wish to invest in VES must be entered
- Again, click on "Buy USDT"
- That will open a buying order where you will have connection with the seller. Pay within the established time and click on "Transferred, Next", then press "Confirm".
How you can transfer your WHEAT (WHEAT) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception acknowledge has been done.
You may verify your wallet Binance balance to confirm reception.
Take into account that your WHEAT (WHEAT) must be in your Spot Wallet in order for you to get others, so you need to transfer them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" once the purchase order has been completed.
In case you didn’t do this, don’t be concerned, you can move the cryptos at any other moment.
How you can transfer your WHEAT (WHEAT) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception validation has been done.
This way, they will immediately be deposited into your wallet.
NB: you will have to move them to your Spot Wallet in order for you to get another crypto.
That’s quite simple: just click on "Transfer to Spot Wallet" once the purchase order is completed.
In case you didn’t follow this step, don’t stress, you can do it at any other time.
- Select "Wallet Funds" from the "Wallet" drop-down menu.
- Locate the "Transfer" option on the upper right area of the navigator window and click on it.
- Set the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency corresponding to your funds in the platform, in this example we’ll use «USDT»
- Type the cryptos you are sending to the spot walet and click "Confirm".
With these money already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you believe might yield the highest profit.
Note how simple is to buy any cryptocurrency from Binance:
- Select the "Trading" menu in the top panel.
- Choose "Convert" from the list.
- Enter the amount of «USDT» you wish to spend.
- Now indicate the crypto you’re about to buy.
- Click on "Preview conversion".
- Confirm the operation and that’s it. You will have the funds of the selected cryptocurrency in your Spot Wallet.
All right! Now you have funds available to purchase any of the numerous WHEAT (WHEAT) in the Binance platform.
To purchase WHEAT (WHEAT) from the Binance platform what you just have to do is described below:
- In the upper panel, find the "Trading" menu.
- From that list select the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to invest.
- Choose the cryptocurrency you would like to get.
- Press "Preview conversion".
- Confirm the transaction and that’s it. You now will have the funds of the selected crypto in your Spot Wallet.
You’ve already seen how simple is to begin trading WHEAT (WHEAT) on Binance.
Don’t wait any more and begin earning some extra money.