Nov 10, · To facilitate trade on its platform, the Binance cryptocurrency exchange has been built with users in mind. The platform has two commercial interfaces, one for basic users, while the other is for advanced users. However, both come with easy-to-use features so that anyone can trade in Binance without problems, regardless of their level. Head over to the Funds section on the Binance toolbar, and choose the Buy with Credit Card option. Select Bitcoin as the cryptocurrency you want to purchase, then enter your order amount. The second bar will display the total amount you’ll be charged, with the % fees included. Next, you’ll be asked to confirm your order. Buy stablecoins listed on Binance by wiring money from your account to the providers of these coins. Then, use these stablecoins to buy Bitcoin on Binance exchange.
How to buy bitcoin to trade on binanceHow to trade in Binance? Tutorial step by step - Crypto Economy
However, Binance has decided to make this bold move, but the credit cards can only be used to purchase a limited set of tokens, namely Bitcoin, Litecoin, Ethereum and XRP. Nonetheless, there are a few limitations. Also, the support for banks is not universal, and those that can use the service will be charged 3.
Fill the blanks with your details, and use the same to log in the account. Select Bitcoin as the cryptocurrency you want to purchase, then enter your order amount. Read the short disclaimer to understand the purchasing process. After reading and understanding the disclaimer, click on I have read and agreed on the disclaimer , then Go to Payment.
This feature was updated in February Some outdated blogs will tell you that you need to deposit some form of an altcoin to purchase Bitcoin. This is not buying Bitcoin, but trading or exchanging one coin for another. Tip 1 : For your first purchase, we recommend you start with a small amount just to be safe. Once the small amount is in your Binance account, you can proceed to purchase more and even frequently without having to worry whether your coins will be credited to your account.
Tip 2 : Depositing coins from one exchange to Binance may have some limitations, and plagued with withdrawal fees. We recommend you use the new feature and enjoy its convenience as you can deposit directly into your wallet. Fill the blanks with the details required, then verify the Phone number and email you provided while opening the Binance account. Binance, for one, has managed to garner the attention of almost every individual in the crypto space mostly because of its huge trade volumes and the number of coins it offers.
Binance was once a crypto-to-crypto exchange. In a nutshell, this meant it was necessary to have some funds in cryptocurrency already to be eligible for trading on Binance.
Once you have funds in cryptocurrency, you can seamlessly trade in over altcoins that Binance lists. To get started with Binance, the first step is to get registered with Binance. You will be re-directed to the registration page where you will have to enter your email address and create a password for your account. Now go back to the homepage and sign in to your account using your email ID and the password you selected in the first step.
When you log in for the first time, Binance asks you to set up a 2FA for your account. Once you are done with securing your account by setting up 2FA, the next step is to fund your account with cryptocurrencies to start trading.
To do this, navigate to Funds, then to Buy with Credit Card. To do this, log in to your Coinbase account and click on Accounts in the menu bar. You will be directed to the above screen. Click Send under the altcoin that you wish to transfer to Binance to go to the following screen. Here you have to enter a wallet address for the Recipient to whom you want to send the funds.
In this guide we explain step by step how to transfer cryptocurrency to Binance, how to execute a buy or sell order and how to convert it back to Euros. Everything you need know how to start trading at Binance. In our Binance review you will learn more about the exchange itself and in this tutorial we will focus on how the exchange itself works.
There are a lot of phishing sites online that replicate the Binance website and try to steal your funds. Use the following link to go to Binance. Bookmark the page and make sure that the green lock is always on the screen when you log in. Three double check before every login that the URL is Binance. If you do search for Binance via a search engine, never click on an advertisement.
To use the exchange, an account is required. Registering is easy and requires only an email address and password. If you already have an account you skip these steps 1 to 6. When trading on the cryptocurrency market, security is top priority. This is not only the responsibility of the exchange, but also yours as a user.
Unfortunately there are some people who try to find out your account details in a sneaky way, and you have to be one step ahead of those criminals. By following the steps below, you will make it more difficult for these people to find out your details:. For most people, a normal account without any verification is more than enough. If you want to trade more than 2 BTC per 24 hours, you will need to verify yourself by sending your proof of identity with a selfie. The instructions for this are explained on the verification page.