Buying Wrapped Elrond (WEGLD) on the Binance platform
Binance is one of the leading trading platforms in the world.
Therefore, the first thing you should to do if you wish to start out operating on it is to discover how to buy Wrapped Elrond (WEGLD).
Stay on this article and you will find all what you need to know about purchasing crypto on Binance.
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Be able to register on Binance
To be able to buy Wrapped Elrond (WEGLD) on Binance, the first thing you must know is definitely how to subscribe.
Subscribing onto the Binance platform is easy: check the following guidelines.
On the Binance homepage you must locate the "Register" option and click on it.
You can log in directly by pressing here.
In the Binance homepage you’ll find a button named "Register with a phone or email". 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 suscribe with an email.
- From the drop down list of countries, select the one you reside.
- Next, type your e-mail address and a keycode. Bear in mind that you will trade money, so you ought to give relevance to the password you set up
- Choose whether you would want Binance to send information and news direct to your email. Accept the "Terms of Service" and click on "Create Account"
By now, you should have received an e-mail sent to the address you’ve just used to create your Binance account. It will have a one-time-only activation code you will enter in that page. Then click on "Send"
Finally, your Binance subscription is active.
You’ll see it’s simple to enter the Binance platform and observe all the options it has to offer.
This way you mayit will be possible to start trading Wrapped Elrond (WEGLD) conveniently.
The identity checking is a mandatory step you must fulfill to get access to all those options.
Please, take into account that it will be only after you have completed this safety measure that you’ll be allowed to start trading Wrapped Elrond (WEGLD).
No big deal, though. See the next paragraphs to complete that step.
How to complete the verification of your account and begin trading
These are the steps to verify your Binance account and get authorized to start trading:
On the main page, place the mouse pointer on the user profile menu and a list will immediately drop down where you will press "Security"
Another option is to move to the upper part of the screen and press the "Verify" button
In the list shown on the left-hand side of the navigator window, press on the "Identification" option.
Select the Country of Residence.
Next you’ll will immediately find three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
Press the "Start now" button below the "Verified" label, for this will be your beginning level.
In this step, you must enter some 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 birth date.
Next, you’ll have to to present a legal document to sustain your identity.
passport, ID card or even a license are all valid documents to fulfill this condition.
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.
So, be patient, Binance is going to let you know via e-mail as soon as your profile has been accepted.
Congratulations! Now you’re officially authorized to trade Wrapped Elrond (WEGLD). The following guidelines will be helpful.
Buying Wrapped Elrond (WEGLD) on Binance
OK, account approved means you can begin purchasing Wrapped Elrond (WEGLD) immediately.
Understanding how to invest your money in Wrapped Elrond (WEGLD) is not so difficult.
Now you’ll need to use a legal document to check your identity.
You can do this by using your ID card, passport, or driver’s license.
Now the system will require you to take a selfie under certain conditions.
Once those steps have been fulfilled, the Binance system will perform a verification process on your account.
When your profile has been approved, Binance is going to send you an e-mail, just be patient.
Upon receiving that email it’s time to get Wrapped Elrond (WEGLD), just see the instructions below.
Learn to buy Wrapped Elrond (WEGLD) on Binance
All right, account approved means you can begin purchasing Wrapped Elrond (WEGLD) immediately.
Learning how to convert money into Wrapped Elrond (WEGLD) is not so difficult.
You may have more than one option throughout the process
To find out which alternatives are available to you when buying, look for the "Buy cryptos" menu on the Binance main page.
You need to, of course, do this once you are signed into your account
Hovering your mouse pointer over this option will display a list of alternatives to make your purchase.
The next step is to check your identity with a legal document.
You can do this with your ID card, passport, or license.
Now, you will have to take a selfie, according to the platform’s instructions.
Once those requirements have been fulfilled, the Binance system will do a verification process on your account.
Now you have to wait until your profile has been approved. Be patient, the system will let you know via e-mail.
Congrats! Now you’re officially authorized to trade Wrapped Elrond (WEGLD). See the guidelines that follow.
How to buy Wrapped Elrond (WEGLD) on Binance
Starting your Wrapped Elrond (WEGLD) trading adventure has never been so easy, right?.
In this segment you’ll see how simple is to make a purchase of Wrapped Elrond (WEGLD).
Take into account that you have more than one option for this process
See the "Buy cryptos" menu on the Binance main page to find out which options you have when buying.
Needless to say you must log into your account to be able to do this
Placing your mouse pointer over this key will display a list of alternatives to make your purchase.
Using your debit or credit card to purchase cryptocurrencies
Choose the credit card-related option from the "Buy Cryptos" drop-down list.
Next, just carry out the following instructions:
Currency to be used and how much you will invest should be stated here.
Next, select the Wrapped Elrond (WEGLD) you are going to purchase
Once you do so, the platform will automatically show you the quantity of Wrapped Elrond (WEGLD) you are going to be given, according the amount of USD you’ve recently stated.
The following instructions will be helpful to continue the process:
In the next box, select the currency you want to buy with and specify how much you are going to invest.
In the second field you should choose the Wrapped Elrond (WEGLD) you would like to buy
The quantity of Wrapped Elrond (WEGLD) you’ll be given will depend upon the amount of USD you’ve just indicated. The Binance system will automatically display it.
Click on "Continue".
Now it’s time to define the method of payment you’ll use. To pay with a credit card, select in the "Visa/Mastercard" box the option "Add card".
Enter your card details and press "Next".
Now write the physical address details for the card. Then select "Add card".
With this, your card will be added to the payment methods in your account. Click "Continue".
The next screen will display a summary of the transaction about to be completed. It includes the sum you are paying, the selected currency and the amount of Wrapped Elrond (WEGLD) bought.
In fact, Binance will claim a small amount as a commission for supporting the purchase, and it will appear in that quick view as well.
You have 1 minute to click on "Confirm", otherwise the order will be automatically shut down.
The next step must be done on the credit card bank platform. Then you should complete a normal on-line payment using your credit card.
You can take a look at your Binance e-wallet (called the «Spot Wallet») as soon as the banking process is complete and you’ll see your recently purchased Wrapped Elrond (WEGLD) already credited
Purchase Wrapped Elrond (WEGLD) with Binance P2P
You can buy Wrapped Elrond (WEGLD) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. Payment method is the first setting you will add.
The next screen will display a snapshot of the transaction in its final stage. It includes the amount your card will be charged, the selected currency and the quantity of Wrapped Elrond (WEGLD) purchased.
Another detail of relevance in this overview is the sum you’ll be charged as a commision for making the operation.
Now you have to certify the order pressing the "Confirm" button within the next 60 seconds, or it will be automatically terminated.
After this, you’ll be redirected to the site of the credit card issuing bank. Follow the guidelines in the same way you would normally pay with your card.
Your recently purchased Wrapped Elrond (WEGLD) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») once the banking procedure has been finished
See how easy is how to buy Wrapped Elrond (WEGLD) via Binance P2P
A different way to buy a cryptocurrency is to exchange it
with another user. To achieve this, the first step is to define the payment method you want to make use of.
- Login to the "Security" section of your profile.
- Locate the "Payment" option in the menu you’ll see from the menu on the left and click on it.
- After Clicking on "Add a Payment Method" the Binance system will guide you through the rest of the process.
After you finished including the new method of payment to your profile, move to the "Buy Crypto" menu (top bar of the navigator), find the "Trading P2P" option, and follow the directions below:
- On the upper bar of the "P2P Account" menu, choose "Buy"
- This bar contains the list of Wrapped Elrond (WEGLD) available for purchase through P2P trading. Choose the one you want, here we use «USDT» as an example.It is important to note that once you buy any crypto in P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- It is time to select the local currency you want to make the payment with, for instance, «VES». Simply, drop down the list under the "Fiat" label.
- In the "Amount" box, type the sum in VES you would like to buy with.
- Define the method of payment and wait for the system to show you all the dealers’ ads.
- Any of the sellers shown in the list can be chosen, but it is recommendable to choose a verified one (see the blue diamond marking), and better, a high-volume seller (golden star mark).
- Next click on "Buy USDT"
- In this step, the amount you would want to invest in VES must be typed
- Again, select "Buy USDT"
- A purchase order has been generated and the seller and you will be able to contact each other for details, if needed. You have a limited time to pay, if you fail doing so the order will be shut down by the platform (and that’s bad for your reputation as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
The right way to transfer your Wrapped Elrond (WEGLD) to the Spot Wallet
After you have made a payment to the trader, they will release the Wrapped Elrond (WEGLD), by confirming invoice of the payment.
You may see your wallet account balance to confirm reception.
Note that you need to move them to your Spot Wallet in order for you to buy another crypto.
That’s easy: just click on "Transfer to Spot Wallet" right after the purchase order is completed.
This Wrapped Elrond (WEGLD) internal movement can be performed anytime later.
Ways to transfer your Wrapped Elrond (WEGLD) to the Spot Wallet
The trader, upon validating money reception, will instantly release the Wrapped Elrond (WEGLD).
So, they will quickly be deposited into your wallet.
Note that you will have to transfer them to your Spot Wallet in order for you to purchase another cryptocurrency.
You can do this immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
If you forget to follow this step right after the purchase, no problem at all: you’ll always be able to do it later.
- Drop the "Wallet" menu down and click on the "Wallet Funds" option.
- Then click on the "Transfer" option on the upper right area of the screen.
- In the pop-up window, swap the «From» and «To» options to the following configuration:
- From: "Funds"
- To: "Fiat and Spot"
- For this post, we will use «USDT» as an example, but you’ll obviously select the currency you have
- Input the amount you are transferring for the Exchange and press "Confirm".
Perfect! Now you have money available to buy any of the huge selection of Wrapped Elrond (WEGLD) in the Binance platform.
Discover how easy is to buy any crypto from the Binance platform:
- Pick the "Trading" menu in the top panel.
- Select "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".
- Validate the transaction and that’s all. You will have the amount of the selected crypto in your Spot Wallet.
That’s all! Now you will have funds in the Spot Wallet and you will be able to buy any of the several of Wrapped Elrond (WEGLD) that the Binance platform has.
Find out how easy is to buy any cryptocurrency from Binance:
- In the upper panel, loate the "Trading" menu.
- In the listing select the "Convert" option.
- Fill in the box the amount of «USDT» you would like to spend.
- Now indicate the crypto you’re interested in.
- Choose "Preview conversion".
- Validate the transaction and that’s it. You now will have the amount of the selected crypto in your Spot Wallet.
Based on the information above, you are now ready to commence trading on Binance.
Don’t wait any further and begin generating some extra money.