Buying Zynecoin (ZYN) on the Binance platform
You can find several trading platforms on the Internet nowadays, but certainly Binance is among the most popular and reputed.
Understanding how to trade with Zynecoin (ZYN) is essential if you want to start trading on that platform.
Before stepping into the alluring world of cryptocurrency on the Binance platform, you should get acquainted with the following.
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How to register on Binance
To be able to buy Zynecoin (ZYN) on Binance, the first thing you must know is how to subscribe.
Subscribing onto the platform is very simple: see the following instructions.
On the Binance homepage you have to locate the "Register" option and press it.
You can log in directly by pressing here.
In the Binance homepage you’ll see a button with the label "Register with a phone or email". Click on it.
You can also do this using your Apple phone.
In this post, we’ll will describe how to do this using an email address.
- In the screen that will be displayed, pick your country of residence from the drop-down list.
- The next step is defining a safety password. This is vital since it’s all about your money’s safety, so you need to define a strong one
- Mark if you wish Binance to send news and information direct to your e-mail. Accept the "Terms of Service" and click on "Create Account"
See the inbox at the email address you utilized for subscription and look for the activation code for your account. Type it in the corresponding box and press "Send"
You’re now a Binance subscriber!.
Take a time to get acquainted to the different options of the Binance platform by visiting them.
You’ll immediately notice how easy is to begin operating with Zynecoin (ZYN).
Complete the mandatory ID verification to enable all those options.
Warning: No Zynecoin (ZYN) trading will be allowed if you skip this protection measure.
No big deal, though. Continue reading through the following paragraphs to fulfill that step.
Learn to verify your account and start trading
These are the steps to verify your Binance subscription and get the permission to begin operating:
From the user profile menu, click on "Security"
You may also click the "Verify" button on the upper part of the screen
Look for the option "Identification" on the left side of the navigator window.
Pick your Country of Residence.
You’ll will see three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Begin by pressing "Start now" just by the "Verified" level.
Then a pop-up window will be shown and there you will need to tytpe the following info:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
Here, the Binance platform will require you to provide a legal document for identity corroboration.
You can do this with your passport, ID card, or driver’s license.
Now the platform will ask you to take a selfie under certain conditions.
The last step will be made by the Binance platform: a certification process that will take only a short time.
As soon as your profile has been approved, the system will let you know via e-mail, just be patient.
After that, it’s time to get Zynecoin (ZYN), to do so follow the instructions below.
Purchasing Zynecoin (ZYN) on Binance
OK, account verified means you can begin purchasing Zynecoin (ZYN) immediately.
Learning how to make a purchase of Zynecoin (ZYN) is not that hard.
Next, you’ll need to use a legal document to sustain your identity.
passport, ID card or even a license are all valid documents to complete this requirement.
Follow the system guidance to take a selfie.
Once you have fulfilled the platform’s guidelines, you will have to wait a short time for the confirmation to be performed on your account.
When your application has been approved, the platform will let you know via email, just be patient.
The following instructions will guide you through the Zynecoin (ZYN) trading process. As soon as you’ve received the confirmation email, you are a Binance authorized Zynecoin (ZYN) trader.
Buying Zynecoin (ZYN) on Binance
Beginning your Zynecoin (ZYN) trading adventure has never been so easy, right?.
In this section you’ll realize how simple is to convert money into Zynecoin (ZYN).
Some processes would probably have alternative paths
The "Buy cryptos" menu on the Binance main page will be your reference at buying time.
You have to, of course, make this happen after you’ve signed into your account
Hover your mouse over this option and a list of buying alternatives will deploy.
The next step is to sustain your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
Now the system will require you to take a selfie following certain guidelines.
The last step is on Binance’s side: a corroboration process that will take only a short time.
When your profile has been accepted, Binance is going to send you an email, just be patient.
Upon receiving that e-mail it’s time to acquire Zynecoin (ZYN), to do so follow the instructions below.
How to purchase Zynecoin (ZYN) on Binance
Starting your Zynecoin (ZYN) trading career has never been so simple, right?.
Learning how to invest your money in Zynecoin (ZYN) is not that hard.
Some steps may have alternative paths
See the "Buy cryptos" menu on the Binance homepage to find out which options you have when buying.
Certainly, you’ll only be able to do this once you are logged in
Hover your mouse on this button and a list of buying alternatives will be displayed.
Using your debit or credit card to buy Zynecoin (ZYN)
Pick the credit card-related option from the "Buy Cryptos" drop-down menu.
Keep on reading for further directions:
Currency to be used and amount of the investment should be stated in the next box.
In the next field you must choose the Zynecoin (ZYN) you’d like to buy
According the amount of USD you’ve previously specified, the system will automatically show you the number of Zynecoin (ZYN) you are going to be given.
Continue reading for further directions:
Now you should select the currency you’d like to use and enter the amount you want to invest.
In the next field you must pick the Zynecoin (ZYN) you would like to purchase
The quantity of Zynecoin (ZYN) you’ll get will depend upon the amount of USD you’ve previously indicated. The Binance platform will immediately display it.
Next click "Continue".
Now it’s time to define the method of payment you’ll use. To pay with your credit card, select in the "Visa/Mastercard" field the option "Add card".
Then the platform will ask you to indicate your CC details.
In this step you must indicate the address associated to the card. Enter it exactly as it is, then press "Add card".
Press "Continue" once you check your card has been successfully included in your user profile as a new method of payment.
The system will now show you the summary of the buying order you are about to complete. The amount you will pay with the currency you’ve selected, and the Zynecoin (ZYN) you will get.
It will also show you the commission you need to pay for the operation.
In less than 1 minute click on "Confirm", after that time the order will be automatically canceled.
After this, you’ll be sent to the bank platform the credit card belongs to. Then you will complete a standard on-line payment using your credit card.
After the banking process is complete, you will have your recently bought Zynecoin (ZYN) in your Binance e-wallet (called the «Spot Wallet»)
Know how to buy Zynecoin (ZYN) via Binance P2P
This means «Person To Person», i.e.: exchanging Zynecoin (ZYN)
with another Binance user. In that case, you should define the payment method you wish to work with first.
Next, all the important details of the transaction will be displayed: the amount you are paying and the corresponding currency, and of course, the cryptos you are going to get.
Indeed, Binance will take a small amount as a commission for supporting the transaction, and that will appear in that summary also.
Within the next 60 seconds press "Confirm", from then on the order will be automatically shut down.
The system will now send you to the credit card issuing bank. Proceed just as you usually do when making a standard on-line credit card payment.
As soon as the banking procedure has been completed, you are already in possession of the recently bought Zynecoin (ZYN) in your Binance e-wallet (called the «Spot Wallet»)
Purchase Zynecoin (ZYN) with Binance P2P
An alternative way to buy a cryptocurrency is to exchange it
with another subscriber. In that case, you should indicate which payment method you wish to work with first.
- Choose "Security" in your account.
- Click on "Payment" on the left-hand side of the screen.
- Choose "Add a Payment Method" and the platform will guide you through the rest of the procedure.
Once you have added the new method of payment to your profile, move to the "Buy Crypto" menu (top bar of the navigator), pick the "Trading P2P" option, and follow the instructions below:
- On the upper bar of the "P2P Account" tab, choose "Buy"
- Here you can pick the Zynecoin (ZYN) you’re interested in, among all those available for buying through P2P trading. We use «USDT» in this guide.Buying one of these Zynecoin (ZYN) via P2P trading allows the user to exchange it on Binance for any of the currencies available.
- Now you should select the currency you want to pay with, for example, «VES». To do this, place the list under the "Fiat" label.
- Use the "Amount" box to input the sum in VES you’re going to use to purchase Zynecoin (ZYN).
- Choose the method of payment and wait for the platform to show you all of the dealers that are currently offering Zynecoin (ZYN).
- Any of the sellers displayed in the list can be selected, but it is recommendable to select a verified one (see the blue diamond mark), and better, a high-volume seller (gold star badge).
- Now select "Buy USDT"
- Enter the amount in VES you want to pay
- Click on "Buy USDT" again
- A buying 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 time limit to make the payment, 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", then press "Confirm".
How to transfer your Zynecoin (ZYN) to the Spot Wallet
When you have completed a payment to the trader, they may release the Zynecoin (ZYN), just by confirming receipt of the payment.
You may check your wallet Binance balance to confirm reception.
Take into account that your Zynecoin (ZYN) must be in your Spot Wallet in order for you to buy others, so you will have to move them there before.
You can move them immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to follow this step right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it later.
The right way to transfer your Zynecoin (ZYN) to the Spot Wallet
The seller, upon receiving your money, will automatically release the Zynecoin (ZYN).
So, they will instantly be deposited into your wallet.
However, in order for you to get another Zynecoin (ZYN), you will have to transfer them to your Spot Wallet.
That’s easy: just press "Transfer to Spot Wallet" once the buying order has been completed.
If you didn’t follow this step, don’t fear, you can do it at any other moment.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down list.
- See the "Transfer" option on the upper right area of the navigator window and press it.
- A new window will pop-up, where you must change the options to:
- From: Funds
- To: Fiat and Spot
- Select the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Type the amount you are transferring to the spot walet and click "Confirm".
With these funds already in your Spot Wallet, don’t fear to trade any cryptocurrency you think could be profitable.
To purchase Zynecoin (ZYN) from Binance all you have to do is described below:
- Find the "Trading" menu in the top top panel.
- From that list select the "Convert" option.
- Indicate the amount of «USDT» you would like to spend.
- Select the crypto you intend to get.
- Press "Preview conversion".
- Validate the operation and that’s it. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
That’s all! This way you will have funds in the Spot Wallet so you will be able to purchase any of the huge selection of Zynecoin (ZYN) within the Binance platform.
Note how easy is to buy any crypto from the Binance platform:
- Look for the "Trading" option in the top upper panel.
- In the list select the "Convert" option.
- Fill in the box the amount of «USDT» you would like to spend.
- Now mark the cryptocurrency you’re about to buy.
- Press "Preview conversion".
- Confirm the operation and that’s all. You now will have the funds of the selected crypto in your Spot Wallet.
You’ve already seen how simple is to start out doing business with Zynecoin (ZYN) on Binance.
Don’t wait any more and begin earning some extra money.