Let's start buying crypto currencies 😄.
You have many options when buying crypto currencies:
1. Credit/debit card: the simplest option for new users and the one we'll be discussing in this article.
2. Transfer funds to your Fiat and Spot wallet: transfer fiat currency from your bank account and use it on the exchange.
Buy Bitcoin with a credit/debit card on Binance. 💳
I suggest you use a Visa card for this step.
The one with the fewest restrictions is UBA's prepaid VISA card.
If you're on your mobile platform, go to SPOT, then BTC.
BTC purchase process via VISA Card Then you'll see 'Credit/Debit Card' with the VISA and Mastercard logos.
Click on the button and you'll be redirected to the purchase page.
Fill in the amount you wish to purchase and confirm payment.
How do I convert my Bitcoins into other cryptos ? 🤔
If you've followed the procedure above, check the 'SPOT' section of your Binance wallet and you'll see your BTC.
These BTC can be converted into other cryptos. Follow the next instructions to find out how.
⚠️Important note: When you're about to make a purchase, on the BTC/USDT pair for example, the second crypto 'USDT' is the currency that you have and wish to exchange with the first one, which is 'BTC'. On the other hand, in the case of a sale on the same pair 'BTC/USDT', the pair to be exchanged will be the first of the pair, i.e. 'BTC', which you will exchange for the second one 'USDT'.
Once this is clear to you, we'll proceed with the tutorial.
📉STEP 1: Go to the 'Trades' section, then look at the top left and you'll see the BTC/USDT pair. We have BTC, so we can only buy XXX/BTC pairs.
📊STEP 2: Click on the BTC/USDT pair at top left and select a XXX/BTC pair.
💱STEP 3: In our example, we're going to buy AXS/BTC. Select the crypto you want to exchange your BTC for.
🪙STEP 4: Make sure you click on Market Order for immediate execution.
🫰STEP 5: On Binance, your advantage is that you can choose the percentage of crypto you want to trade.
Select a percentage between 25,50,75 and 100% and validate the transaction.
Once you've completed these 5 steps, return to 'SPOT' where you'll find your Cryptos safely 😇.