How to buy etherum (ETH) on Binance ?

How to buy etherum (ETH) on Binance ?

You have chosen to use the platform Binance to buy etheriem but you need to be guided to use it. No problem, we will guide you step by step to learn how to use it. However, please note that in order to buy the etherum, you will have to use other crypto-currencies. Therefore, you need to have a portfolio online.

Your registration on Binance

Before you buy the etherum on Binance, you must first register on Binance. However, it is something really simple to do. You must first select the language in which you want to use Binance before you fill in your email address and set a password. However, to ensure greater security, we recommend that you use a complex password. You then have the option to use Google Authentificator to provide a double security to your account. We can only advise you to do so.


The verification of your identity

However, you will not be able to enjoy totally of Binance. Indeed, for this, the platform must verify your identity. For this, you must indicate if you live or not in China before you enter some information about your identity, including your first name, last name, your country of residence and vote sex. You must then indicate the number of your identification document and provide photocopy of both sides of your identity card. Finally you must take a picture holding your id card and a paper with the day’s date to hand.


Make a deposit on Binance

Once again, please note that on Binance, you can only make deposits in crypto-currency. An online portfolio you will be therefore essential to be able to make a deposit. To do that, you need to select the crypto-currency you want to deposit and its amount. Once you made your choice, you must provide the address of your online portfolio on which are deposited the crypto-currency you wish to deposit before you commit. The crypto-currencies will then be transferred from your online wallet to your account on Binance.


Buy etherum on Binance

To buy étherum on Binance, you must use the crypto-currencies that you have previously transferred from your online portfolio. You will then have to click on the Exchange tab you will find at the top of the screen. Then select the etherum, the crypto-currency that you want to buy. Before you validate your purchase, you can view information about the transaction, including the number of étherum that you are going to receive. It only remains for you then to choose the offer that suits you, and commit the transaction.


What you must remember

  • Binance is a site where you buy crypto-currencies in using other. However, you can only buy with real money.
  • To use Binance, you must use an online wallet.
  • To buy etherum on Binance, you must first register on the platform.
  • Once you have made your deposit and that the transfer from your online portfolio is done, you can finally buy the etherum.