How to purchase Wrapped Fantom (WFTM) on Binance
There are several trading platforms on the Internet nowadays, but undoubtedly Binance is one of the most popular and reputed.
Understanding how to trade with Wrapped Fantom (WFTM) is essential if you want to start out trading on that platform.
The goal of this article is to guide you on how to buy Wrapped Fantom (WFTM) on the Binance Wrapped Fantom (WFTM) exchange.
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Be able to register on Binance
To be able to buy Wrapped Fantom (WFTM) on Binance, one thing you must know is certainly how to open your account.
Registering to the Binance platform is quite easy: check the following guidelines.
See a Binance main page and click on the "Register" key.
Here you have the direct link to Binance.
Locate the "Register with a phone or email" button in the main page and click on it.
Apple devices can be used as well.
For the purpose of this post, the e-mail address registration process will be shown.
- In the window that is displayed, select your country of residence from the drop-down list.
- Now, write your email address and a password. Be well aware that you will invest your money, so you have to give importance to the password you choose
- Here you must accept "Terms of Service" and, if you would want to receive information, news and updates from Binance in your e-mail address, mark in the corresponding box
The Binance platform will automatically send a one-time-only activation keycode (remember: this is NOT your password) that you’ll enter it in the corresponding line, then click on "Send"
Finally, your Binance account has been activated.
Take a time to become familiar with the different options of the Binance platform by visiting them.
This way you canit is possible to begin trading Wrapped Fantom (WFTM) easily.
The identity verification is a mandatory step you need to fulfill to have access to all these options.
It is very important to note that unless you fulfill this protection step, you will not obtain permission to begin trading Wrapped Fantom (WFTM).
No big deal, though. See the following paragraphs to complete that step.
Learn to complete the verification of your Binance account and begin trading
To be a certified customer you have to complete the next steps:
Click on "Security" from the drop-down list under the user profile button
You may also press "Verify" button on the upper part of the navigator window
Select "Identification" on the left list of options.
Here you should select your country of residence.
Next, the three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.
To begin, select "Start now" just near the "Verified" level.
A new window will be displayed, and there you will have to provide your personal data: Nationality, first name and last name, second name and date of birth. Also, make sure you give the exact address of your residence
Next, you’ll need to use a legal document to verify your identity.
Use your ID card, passport or even your driver’s license to complete this step.
In the next stage, you will have to take a selfie, according to the application’s instructions.
After you have fulfilled the system’s guidelines, you’ll have to wait a short time while your account is confirmed.
All you have to do is be patient, Binance is going to let you know via e-mail once your application has been approved.
Upon receiving that e-mail it’s time to purchase Wrapped Fantom (WFTM), just see the guidelines below.
How to buy Wrapped Fantom (WFTM) on Binance
Starting your Wrapped Fantom (WFTM) trading career has never been so simple, right?.
Take a time to know how to invest your money in Wrapped Fantom (WFTM).
Here, the Binance platform will ask you to use a legal document for identity verification.
You can do this by using your passport, ID card, or driver’s license.
Now the platform will require you to take a selfie under certain conditions.
The final step is on Binance’s side: a confirmation process that will just take a while.
All you have to do is be patient, Binance will send you an e-mail as soon as your request has been accepted.
Congratulations! Now you’re officially authorized to operate with Wrapped Fantom (WFTM). The following guidelines will be helpful.
Buying Wrapped Fantom (WFTM) on Binance
Since you have registered on the platform and got your account verified, you can start trading.
In this segment you’ll see how easy is to make a purchase of Wrapped Fantom (WFTM).
Be aware that you could have more than one option for this process
To know which options can be found when making a purchase, look for the "Buy cryptos" menu on the Binance homepage.
You have to, of course, do this once you are signed into your account
Uncover all the different buying options just by placing your mouse over this button.
Next, you’ll have to to provide a legal document to support your identity.
You can do this with your passport, ID card, or driver’s license.
Follow the system instructions to take a selfie.
Once those steps have been completed, the Binance platform will do a confirmation process on your account.
So, be patient, Binance will send you an e-mail once your profile has been approved.
The following instructions will guide you through the Wrapped Fantom (WFTM) trading process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance licensed Wrapped Fantom (WFTM) trader.
Purchasing Wrapped Fantom (WFTM) on Binance
Now that you have registered on the Binance platform and got your account confirmed, you can begin trading.
The first step is to know how to convert money into Wrapped Fantom (WFTM).
Be aware that you have more than one option for this process
To know which options can be found when buying, look for the "Buy cryptos" menu on the Binance homepage.
You should, of course, make this happen once you are logged into your account
See all the different purchase options just by hovering your mouse over this button.
Buying Wrapped Fantom (WFTM) with a credit/debit card
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
After that, just follow these directions:
In the next box, select the currency you’d like to buy with and specify the amount you are going to invest.
The the Wrapped Fantom (WFTM) you wish to buy should be selected from the second field
Considering the amount of USD you have previously invested, the platform will immediately show you the number of Wrapped Fantom (WFTM) you are going to be given.
After that, just observe the following instructions:
In the next box, choose the currency you want to use and enter the amount you are going to invest.
In the next field you should pick the Wrapped Fantom (WFTM) you’d like to get
According the amount of USD you’ve previously specified, the platform will immediately display the quantity of Wrapped Fantom (WFTM) you are going to receive.
Press "Continue".
To include your CC as a payment method, go to the "Visa/Mastercard" box and press the "Add card" button.
Credit card data must be entered in this step, then press "Next".
Your credit card’s address must be specified next. Try not to mistype a single character, since you’ll need to type it exactly as it is, otherwise your card won’t be approved. Then press "Add card".
With this, your card will be added to the valid methods of payment in your account. Click "Continue".
Next, all the relevant details of the operation will be summarized: the sum to be charged on your credit card and the corresponding currency, and of course, the cryptos you will receive.
Indeed, Binance will charge you a small amount as a commission for supporting the operation, and that will appear in that overview as well.
At this point you have 60 seconds to click on "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 do when making a standard on-line credit card payment.
When the banking process is complete, you are already in possession of the recently purchased Wrapped Fantom (WFTM) in your Binance digital wallet (referred to as the «Spot Wallet»)
See how easy is how to buy Wrapped Fantom (WFTM) with Binance P2P
You may get Wrapped Fantom (WFTM) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. Method of payment is the first parameter you will define.
The system will now show you the summary of the order you are about to complete. The sum your card will be charged in the currency you’ve picked, and the Wrapped Fantom (WFTM) you will be given.
Indeed, Binance will charge you a certain percentage as a commission for supporting the purchase, and that will be shown in that quick view as well.
Within the next 60 seconds press "Confirm", there after the order will expire automatically.
The system will now reroute you to the bank issuing the credit card. Proceed exactly as you do when making a standard online credit card payment.
You may take a look at your Binance e-wallet (called the «Spot Wallet») once the banking procedure has been completed to find your recently bought Wrapped Fantom (WFTM) already credited
Purchase Wrapped Fantom (WFTM) via Binance P2P
This is a transaction made «Person To Person», i.e.: trading Wrapped Fantom (WFTM)
with another Binance trader. In that case, you should indicate the payment method you wish to work with first.
- Login to the "Security" section of your profile.
- In the menu on the left-hand side select "Payment".
- Press the "Add a Payment Method" button and follow the system instructions.
Once you have included the new payment method to your account, move to the "Buy Crypto" menu (upper part of the screen), find the "Trading P2P" option, and follow the guidance below:
- On the upper bar of the "P2P Account" tab, select "Buy"
- Here you can select the Wrapped Fantom (WFTM) you’re interested in, among all those available for purchase through P2P operations. We use «USDT» for this example.Any Wrapped Fantom (WFTM) bought via P2P trading could be exchanged by any of the foreign currencies approved by Binance.
- Look for the "Fiat" column on the top menu and reveal the drop-down list to find all available currencies. Let’s use «VES» in this example.
- In the "Amount" box, enter the amount in VES you wish to buy with.
- Select the method of payment and wait for the platform to display all the dealers’ ads.
- From the list displayed list, you may choose any of the traders. Although it is recommendable to select a verified one and better if a good percentage of completed sales is displayed.
- Next click on "Buy USDT"
- In this step, the amount you would like to invest in VES must be entered
- Again, select "Buy USDT"
- A purchase order has been opened and the seller and you will be able to contact each other for details, in case you need it. You have a limited time to complete, otherwise the order will be canceled by the system (and that’s bad for your reputation as a buyer). Once you paid, click on "Transferred, Next" and then press "Confirm".
Learn how to transfer your Wrapped Fantom (WFTM) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as payment reception validation has been done.
The default place where Wrapped Fantom (WFTM) are deposited is your Binance wallet.
Take into account that your Wrapped Fantom (WFTM) must be in your Spot Wallet in case you would want to get others, so you need to move them there before.
You can do this immediately right after the buying order has been completed just by clicking "Transfer to Spot Wallet".
This Wrapped Fantom (WFTM) internal movement can be done anytime later.
Tips on how to transfer your Wrapped Fantom (WFTM) to the Spot Wallet
After you have completed a payment to the trader, they are going to release the Wrapped Fantom (WFTM), just by confirming payment reception.
You may see your wallet account balance to confirm reception.
Although, in order for you to get another Wrapped Fantom (WFTM), you must move them to your Spot Wallet.
You can move them immediately immediately after the purchase order is completed just by clicking "Transfer to Spot Wallet".
This Wrapped Fantom (WFTM) internal transfer can be performed anytime later.
- Click on "Wallet Funds" from the "Wallet" drop-down list.
- The "Transfer" button is located at the top right. Press it.
- Set the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- For The purpose of this post, we use «USDT» as an example, but you’ll obviously choose the currency you have
- Enter the cryptos you are moving for the Exchange and click "Confirm".
All right! Now you have money available to buy any of the numerous Wrapped Fantom (WFTM) in the Binance platform.
To buy Wrapped Fantom (WFTM) from the Binance platform all you have to do is the following:
- In the top section, look for the "Trading" menu.
- Press "Convert" from the list.
- Fill in the box the amount of «USDT» you want to spend.
- Choose the crypto you intend to get.
- Choose "Preview conversion".
- Validate the operation and that’s it. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have money available to purchase any of the numerous Wrapped Fantom (WFTM) in the Binance platform.
Note how simple is to purchase any crypto from Binance:
- Find the "Trading" menu in the top top section.
- Click on "Convert" from the list.
- Enter the amount of «USDT» you would like to spend.
- Choose the crypto you would like to get.
- Select "Preview conversion".
- Validate the transaction and that’s all. You now will have the amount of the chosen crypto in your Spot Wallet.
You’ve already learned how simple is to start out trading Wrapped Fantom (WFTM) on Binance.
Don’t wait any more and start earning an extra income.