Learn how to purchase ZumCoin (ZUM) on the Binance platform
You can find many trading platforms today on the Internet, but undoubtedly Binance is one of the most popular and innovative.
Learning how to trade with ZumCoin (ZUM) is essential in case you need to begin trading on that platform.
Stay on this post and you will find all the information you should have for buying crypto on Binance.
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Discover how to register on Binance
To be capable of buying ZumCoin (ZUM) on Binance, what you must know is definitely how to register.
Quick and easy subscription: just follow the detailed instructions below.
Proceed to the Binance main page and press on the "Register" option.
Press here to go straight to the Binance platform.
In the Binance main page you’ll see a button with the label "Register with a phone or email". Press it.
Apple tablets or phones can be used as well.
For the purpose of this guide, the email address registration technique will be described.
- First, select the country from the drop-down list according to the one you’re living in.
- Next, type your email address and a security password. Bear in mind that you are going to invest your money, so you should give relevance to the password you set up
- Choose whether you want Binance to send information and news direct to your email. Accept the "Terms of Service" and press "Create Account"
The Binance platform will immediately send a one-time-only activation code (remember: this is NOT your password) that you’ll write it in the corresponding line, then click on "Send"
Finally, your Binance enrollment has been activated.
You can now navigate the Binance platform and get to know all the options it has to offer.
This way you mayit will be possible to start trading ZumCoin (ZUM) easily.
The identity verification is a required step you need to fulfill to have access to all these options.
Please, be well aware that it is only after you have fulfilled this security measure that you’ll be authorized to start operating with ZumCoin (ZUM).
But no need to worry, continue reading the next paragraphs to know how to do it.
How to complete the verification of your Binance account and start trading
See the following guidelines and become an authorized subscriber:
On the main screen, place the mouse pointer on the user profile menu and a list will immediately appear where you will need to click on "Security"
Another option is to go to the upper part of the screen and press the "Verify" button
Look for the option "Identification" on the left side of the navigator window.
Choose the Country of Residence.
On this screen you’ll will see three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
Here you must choose "Verified", clicking on the "Start now" option under it.
In this step, the user is required to provide certain personal data:
- Nationality.
- First Name and Last name.
- Second name and birth date.
- Residence address (exact).
- Middle name and birth date.
- Second name and date of birth.
Here, the Binance platform will ask you to use a legal document for identity verification.
passport, ID card or even a license will be enough to complete this requirement.
Follow the system guidelines to take a selfie.
After you have completed the system’s requisites, you’ll have to wait a short time for the verification to be performed on your account.
Now be patient, Binance is going to let you know via e-mail when your application has been approved.
Congratulations! Once you’ve got the confirmation you’re officially enabled to operate with ZumCoin (ZUM). See the guidelines that follow.
How to purchase ZumCoin (ZUM) on Binance
Since you are registered on the platform and got your account verified, you are able to begin trading.
First you need to learn how to convert money into ZumCoin (ZUM).
Here, the Binance platform will require you to show a legal document for identity checking.
passport, ID card or even a license will be enough to fulfill this requirement.
Follow the system guidelines to take a selfie.
Now you will have to wait for a short time while an account confirmation process is performed.
Now you must wait until your request has been approved. Be patient, Binance will send you an e-mail.
Upon receiving that e-mail it’s time to get ZumCoin (ZUM), just see the guidelines below.
Buying ZumCoin (ZUM) on Binance
Beginning your ZumCoin (ZUM) trading experience has never been so easy, right?.
In this section you’ll see how easy is to make a purchase of ZumCoin (ZUM).
Take into account that you may have different options for this process
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
Certainly, you’ll only be able to do this once you are logged in
Hover your mouse over this key and a list of buying alternatives will be displayed.
The next step is to verify your identity using a legal document.
Use your passport, ID card or even your license to complete this step.
Now, you will have to take a selfie, according to the application’s requirements.
When you have fulfilled the system’s requirements, you will have to wait a moment while your account is confirmed.
Now be patient, Binance will send you an email when your application has been accepted.
The following instructions will guide you through the ZumCoin (ZUM) trading process. As soon as you’ve received the confirmation email, you’re a Binance licensed ZumCoin (ZUM) trader.
Purchasing ZumCoin (ZUM) on Binance
All right, account validated was all you needed to begin buying ZumCoin (ZUM) right now.
Understanding how to buy a ZumCoin (ZUM) is not so difficult.
Take into account that you have more than one option for this process
To find out which options you have when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
You have to, of course, make this happen once you are logged into your account
Hovering your mouse pointer over this option will show a list of alternatives for making your purchase.
Buying ZumCoin (ZUM) using a credit/debit card
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Keep on reading for further instructions:
In the next box, choose the currency you want to use and type the amount you are going to invest.
The the ZumCoin (ZUM) you wish to buy must be selected from the second field
After you do so, the system will immediately show you the number of ZumCoin (ZUM) you are going to get, considering the amount of USD you’ve recently indicated.
The following instructions will help you in the process:
Currency preferred and amount of the investment must be defined here.
In the second field you must select the ZumCoin (ZUM) you wish to purchase
The quantity of ZumCoin (ZUM) you’ll receive will depend upon the amount of USD you have just indicated. The Binance system will immediately display it.
Next click "Continue".
To use your CC as a payment method, go to the "Visa/Mastercard" field and click on the "Add card" button.
Type your credit card numbers and press "Next".
The following field is intended to enter the address associated to the credit card. Type it exactly as it is, then choose "Add card".
Press "Continue" once you notice your card has been successfully included in your account as a new payment method.
Next, all the important details of the transaction will be summarized: the sum you are paying and the corresponding currency, and of course, the cryptos you are going to receive.
Obviously, Binance will charge you a small amount as a commission for supporting the transaction, and it will appear in that quick view as well.
Now you must validate the order pressing the "Confirm" button during the following minute, or it will be automatically aborted.
The platform will now reroute you to the credit card issuing bank. Proceed just as you do when making a standard online credit card payment.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») when the banking procedure has been finished and you’ll see your recently bought ZumCoin (ZUM) already there
Purchase ZumCoin (ZUM) with Binance P2P
An optional way to purchase crypto is to trade it
with another trader. To achieve this, the first step is to indicate which payment method you wish to use.
The platform will now show you the summary of the purchase order you are creating. The amount you will pay in the currency you’ve picked, and the ZumCoin (ZUM) you will be given.
It will also show you the commission will be charged for the transaction.
In less than 1 minute press "Confirm", and then the order will expire automatically.
After this, you will be redirected to the site of the credit card issuing bank. Follow the steps in the same way you would normally generate a payment with your card.
Once the banking procedure is complete, you are already in possession of the purchased ZumCoin (ZUM) in your Binance e-wallet (called the «Spot Wallet»)
Buy ZumCoin (ZUM) via Binance P2P
This means «Person To Person», i.e.: trading ZumCoin (ZUM)
with another Binance subscriber. Payment method is the first setting you should indicate.
- Go to the "Security" section of your account.
- Choose "Payment" from the menu on the left.
- Click the "Add a Payment Method" button and follow the platform guidance.
Once you have added the new method of payment to your account, move to the "Buy Crypto" menu (top bar of the navigator), find the "Trading P2P" option, and follow the guidelines below:
- On the upper bar of the "P2P Account" menu, pick "Buy"
- The complete set of ZumCoin (ZUM) available for purchase through P2P trading will be shown in this menu, so you will be able to choose the one you would like to buy. In this guide, we present «USDT».Any ZumCoin (ZUM) bought in P2P trading is allowed to be exchanged by any of the currencies available on Binance.
- Now you should choose the local currency you want to make the payment with, for example, «VES». Simply, see the drop-down list under the "Fiat" column.
- Use the "Amount" box to type the amount in VES you’d like to invest to purchase ZumCoin (ZUM).
- You will be able to see a list of dealers’ ads as soon as you choose the method of payment.
- From the list displayed list, you can pick any of the sellers. It is advisable to choose a verified one and better if a high percentage of completed sales is displayed.
- Click on "Buy USDT"
- In this step, the amount you wish to invest in VES must be input
- Click on "Buy USDT" once again
- This will open a purchase order where you will have contact with the trader. Pay within the time limit and click on "Transferred, Next", then press "Confirm".
Learn how to transfer your ZumCoin (ZUM) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception acknowledge has been done.
The default place where ZumCoin (ZUM) are transferred to is your Binance wallet.
Nonetheless, you must transfer them to your Spot Wallet in order for you to get another cryptocurrency.
You can move them immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
This ZumCoin (ZUM) internal transfer can be carried out whenever you need.
Tips on how to transfer your ZumCoin (ZUM) to the Spot Wallet
When you have completed a payment to the seller, they may release the ZumCoin (ZUM), just by confirming receipt of the payment.
This way, they will instantly be added to your account balance.
Nonetheless, you must transfer them to your Spot Wallet in case you want to buy any other cryptocurrency.
To achieve this, all you have to do is click on "Transfer to Spot Wallet" once the purchase order has been completed.
In case you didn’t follow this step, don’t get worried, you can move the cryptos at any other time.
- Drop the "Wallet" menu down and press on the "Wallet Funds" option.
- The "Transfer" button is located at the top right. Press it.
- A pop-up window will open, where you should set the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Set the amount you are transferring to the spot walet and press "Confirm".
With these money already in your Spot Wallet, nothing keeps you from trading any cryptocurrency you consider will be worthwhile.
Note how simple is to purchase any crypto from the Binance platform:
- In the top section, look for the "Trading" menu.
- Click on "Convert" from the list.
- Fill in the box the amount of «USDT» you would like to invest.
- Now select the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Validate the transaction and that’s it. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from trading any crypto you think will be profitable.
Discover how easy is to buy any crypto from the Binance platform:
- Select the "Trading" menu in the top top section.
- In the list choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to invest.
- Select the cryptocurrency you intend to buy.
- Press "Preview conversion".
- Validate the operation and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
This text have surely pictured you a wide overview of what Binance is and how you can do business with ZumCoin (ZUM) on it.
So, no time to waste, make a profitable business within the Binance platform.