Purchasing Zilliqa (ZIL) on Binance
Binance could be considered one of the world’s leading trading platforms.
However, if you’d like to get started trading on it, the first thing you must do is to learn how to purchase Zilliqa (ZIL).
The object of this post is to guide the reader about how to purchase Zilliqa (ZIL) on the Binance Zilliqa (ZIL) platform.
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Understand how to register on Binance
There is only way to begin trading within Binance: registering to it.
Subscribing onto the Binance platform is very simple: check the following guidelines.
Search for the "Register" option in the Binance main page and click on it to start the registration process.
You can log in directly by pressing here.
Look for the "Register with a phone or email" button in the main page and click on it.
iOS devices can be used as well.
In this post, we’ll will describe how to do this using an email address.
- In the window you’ll immediately see, pick your country of residence from the drop-down list.
- Now the crucial step: password. Choose a string of characters rare enough not to be easily guessed. Never use your name, birth date or things like that. Keep in mind that it’s your cash what will have to be protected by that word
- Choose if you would want to receive news and information directly from Binance to your email address. Accept the "Terms of Service" and click on "Create Account"
Binance will automatically send an activation password (remember: this is NOT your password) that you’ll type it in the corresponding box, then press "Send"
And that’s all! You are now signed up with Binance.
You can now enter the Binance platform and get to know all the options it has to offer.
You’ll immediately notice how easy is to begin trading Zilliqa (ZIL).
Fulfill the required ID verification to enable all those options.
Important: No Zilliqa (ZIL) operation will be permitted if you ignore this safety step.
In the next section, you’ll learn how to do that. Hassle-free.
How to complete the verification of your account and begin trading
These are the steps to verify your Binance subscription and get the permission to start operating:
From the user profile menu, click on "Security"
Or just look for the "Verify" button on the top of the screen
Locate the option "Identification" on the left side of the navigator window.
Country of residence should be picked here.
Next, the three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on your navigator window.
To begin, you must choose "Verified", clicking on the "Start now" button below it.
At this point, the subscriber is required to provide certain personal data:
- Nationality.
- First Name and Last name.
- Second name and date of birth.
- Residence address (exact).
- Second name and date of birth.
- Middle name and date of birth.
Next, you’ll have to to present a legal document to verify your identity.
passport, ID card or even a driver’s license are all valid documents to fulfill this condition.
Follow the system guidelines to take a selfie.
The final step is on Binance’s side: a confirmation process that will take only a short time.
As soon as your profile has been accepted, Binance will send you an email, just be patient.
Upon receiving that e-mail it’s time to get Zilliqa (ZIL), just see the instructions below.
How to purchase Zilliqa (ZIL) on Binance
Now that you have subscribed to the platform and have your account confirmed, you can start trading.
Learning how to buy a Zilliqa (ZIL) is actually quite easy.
Now you’ll need to show a legal document to corroborate your identity.
You can do this with your ID card, passport, or license.
In the next step, you will be asked to take a selfie, according to the application’s guidance.
Once those requisites have been fulfilled, the Binance system will perform a confirmation process on your account.
All you need to do is be patient, Binance is going to send you an e-mail when your request has been accepted.
Congratulations! Once you’ve received the confirmation you’re officially authorized to operate with Zilliqa (ZIL). The following instructions will be helpful.
Purchasing Zilliqa (ZIL) on Binance
Now that you are registered on the Binance platform and got your account verified, you can begin trading.
The first thing is to discover how to make a purchase of Zilliqa (ZIL).
You may find more than one option throughout the process
To know which options are available to you when making a purchase, see the "Buy cryptos" menu on the Binance main page.
Needless to say you must be logged into your account to be able to do this
Hover your mouse on this option and a list of buying alternatives will be displayed.
Here, the Binance platform will ask you to use a legal document for identity checking.
ID card, passport or even a license are all valid documents to fulfill this requirement.
Follow the system guidance to take a selfie.
The last step is on Binance’s side: a corroboration process that will just take a while.
When your profile has been approved, the platform is going to send you an e-mail, just be patient.
Upon receiving that e-mail it’s time to buy Zilliqa (ZIL), just see the instructions below.
Buying Zilliqa (ZIL) on Binance
Since you are subscribed to the Binance platform and have your account verified, you can start trading.
Take a time to understand how to invest your money in Zilliqa (ZIL).
Be aware that you have different options for this process
To know which alternatives can be found when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
You must, of course, make this happen after you’ve logged into your account
Placing your mouse pointer over this key will show a list of alternatives for making your purchase.
Did you know you can use your debit or credit card to purchase ZIL?
The first thing you will do to purchase the Zilliqa (ZIL) you want using a credit card, should be to select this option from the drop-down list labeled "Buy Cryptos".
Read on for detailed guidelines:
Now you must pick the currency you wish to use and indicate the amount you want to invest.
The the Zilliqa (ZIL) you’d like to buy should be selected from the second field
The number of Zilliqa (ZIL) you’ll receive will depend upon the amount of USD you have just defined. The Binance platform will automatically display it.
Read on for further directions:
Currency preferred and amount of the investment must be specified in the next box.
Next, pick the Zilliqa (ZIL) you’re going to get
After you do so, the system will immediately show you the number of Zilliqa (ZIL) you are going to receive, according the amount of USD you have recently invested.
Click on "Continue".
If you’re going to pay with a credit card, pick in the "Visa/Mastercard" box the button "Add card".
Type your credit card numbers and press "Next".
In this step you must write the address associated to the credit card. Type it exactly as it is, then choose "Add card".
Click "Continue" after you notice your card has been successfully included in your user profile as a new method of payment.
The platform will now display the details of the buying order you are about to complete. The sum your card will be charged with the currency you have chosen, and the Zilliqa (ZIL) you will get.
It will also show you the commission you must pay for the operation.
In less than 1 minute click on "Confirm", from then on the order will expire automatically.
After this, you’ll be redirected to the bank platform the credit card has been issued by. Then you should complete a normal online payment using your credit card.
After the banking process is complete, you will have your purchased Zilliqa (ZIL) in your Binance e-wallet (referred to as the «Spot Wallet»)
Buy Zilliqa (ZIL) with Binance P2P
You can buy Zilliqa (ZIL) not only via a direct purchase, but trading them «Person To Person»
with another Binance user as well. You should specify which payment method you wish to use first.
Next, you’ll see a quick view of the transaction in its final stage. It includes the amount your card will be charged, the chosen currency and the amount of Zilliqa (ZIL) bought.
Another detail of relevance in this summary is the amount you’ll be charged as a commision for making the transaction.
In less than 1 minute click on "Confirm", there after the order will be automatically shut down.
The following step needs to be carried out on the credit card banking webpage. Proceed exactly as you do when making a payment with your card on the bank website.
You may check your Binance e-wallet (referred to as the «Spot Wallet») once the banking process is complete to find your recently bought Zilliqa (ZIL) already there
Learn how to purchase Zilliqa (ZIL) with Binance P2P
A different way to get crypto is to trade it
with another trader. In that case, you should define the payment method you want to apply first.
- Go to the "Security" section of your profile.
- Locate the "Payment" option in the menu you’ll see on the left-hand side of the screen and choose it.
- As soon as the "Add a Payment Method" button is pressed the platform will guide you through the rest of the procedure.
Now that the new payment method has been added to your account, go to the top part of the screen and pass over "Buy Crypto" to drop-down the list of options and click on "Trading P2P". Then see the following guidelines:
- Look for the "Buy" option on the top bar of the "P2P Account" tab and click it
- Here you can choose the Zilliqa (ZIL) you’re interested in, among all those available for purchase via P2P operations. We present «USDT» for this example.Any Zilliqa (ZIL) purchased in P2P trading could be exchanged by any of the foreign currencies available on Binance.
- Look for the "Fiat" column on the upper tabs and reveal the drop-down list to see all valid currencies. We’ll use «VES» in this example.
- In the "Amount" box, enter the sum in VES you intend to buy with.
- After you’ve defined the method of payment, the Binance platform will display a register of traders’ ads.
- From the list list shown, you can choose any of the sellers. Although it is advisable to choose a verified one and better if a good percentage of completed sales is displayed.
- Now select "Buy USDT"
- In this step, the amount you wish to pay in VES must be typed
- Again, click on "Buy USDT"
- That will open an order where you will have contact with the trader. Complete the payment within the established time and press "Transferred, Next" and then press "Confirm".
How to transfer your Zilliqa (ZIL) to the Spot Wallet
The seller, upon receiving your money, will instantly release the Zilliqa (ZIL).
You may verify your wallet account balance to confirm reception.
Note that you need to send them to your Spot Wallet in order for you to purchase another crypto.
You can do this immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
This Zilliqa (ZIL) internal movement can be performed anytime later.
How to transfer your Zilliqa (ZIL) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception acknowledge has been done.
This way, they will instantly be deposited into your wallet.
Nonetheless, you need to send them to your Spot Wallet in order for you to purchase any other cryptocurrency.
That’s easy: just click on "Transfer to Spot Wallet" immediately after the purchase order has been completed.
Should you forget to follow this step right after buying the cryptos, no problem at all: you’ll be able to do it later.
- Hover the mouse over "Wallet" and select "Wallet Funds" from the drop-down list.
- The "Transfer" button is located at the top right. Press it.
- In the pop-up window, change the «From» and «To» options to the following configuration:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have money, in the example in this article we use «USDT»
- Type the cryptos you are about to move to the spot walet and click "Confirm".
That’s all! Now you will have money in the Spot Wallet so you will be able to trade any of the numerous Zilliqa (ZIL) within the Binance platform.
Buy any cryptocurrency from the Binance platform just following the steps described below:
- Look for the "Trading" menu in the top upper section.
- Press "Convert" from the list.
- Indicate the amount of «USDT» you would like to invest.
- Choose the crypto you wish to get.
- Click on "Preview conversion".
- Confirm the operation and that’s all. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from purchasing any crypto you believe could be worthwhile.
To buy Zilliqa (ZIL) from Binance all you have to do is the following:
- In the top panel, select the "Trading" menu.
- From the listing select the "Convert" alternative.
- Input the amount of «USDT» you want to spend.
- Select the crypto you wish to get.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the selected crypto in your Spot Wallet.
This article surely pictured you a wide vision of what Binance is and how you can do business with Zilliqa (ZIL) on it.
Don’t wait any more and begin earning an extra income.