How To Buy Ethereum With Credit Card From Binance

in #ethereum4 years ago (edited)

First of all, you need to have an account on Binance to start trading. If you don’t have an account, you can simply visit its website and register an account. Its process is very fast and simple. You need only enter your personal information to have an account. After that, you can log in to the site.

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– On the upper-right corner of the screen, find the “Buy Crypto” button, and move your mouse on it. Now, 5 different options to buy cryptocurrencies appear which include bank deposits, credit-debit cards, P2P trading, cash balance, and third-party payments. Simply put your mouse on the “credit/debit card” option and click it.

– In the next window you need to enter the cryptocurrency that you want to buy and also the amount of money you want to spend on your ETH purchase

– After entering the amount, you need to click on the “Buy” button. If your account is not verified yet, it might ask you to verify it with the “Verify Now” button.

– On the verification page, you need to verify your identity with Binance to make a trade. For this reason, you should enter your legal first and last name, date of birth, residential address, and also upload a photo of your ID and take a picture of yourself. As we mentioned earlier, this is a standard process that is required to make you able to buy cryptocurrencies.

– After verification of your account, you should confirm your payment details. Here you have the option to buy Ethereum with credit card directly from a related route. This option could be used to buy faster and with cheaper fees. However, because you need to enter another platform for this, then you have to pass the verification process on the second platform, too.

– Now you are almost done, the only thing that you should do is to check your order summary and complete it.

As you can see, buying Ethereum and other cryptocurrencies from Binance is pretty straight forward and easy. You can also use various services provided by Binance to use your Ether.

CEX.Io

CEX is another popular cryptocurrency exchange that provides a simple way to buy Ethereum with a credit card and debit card. CEX is a UK-based exchange that supports the buying-selling of ETH and many other cryptocurrencies. It is one of the old crypto exchanges out there and is operating since 2013.

Working with CEX is pretty easy. You need to register an account on this site and enter your credit card details to make direct purchases. After that, you only need to enter the amount of money that you want to spend and make a buying order. Follow us to understand how this process should be done.

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How To Buy Ethereum With Credit Card From CEX.Io

Just like Binance and many other cryptocurrency exchanges you need to register an account to be able to use CEX services. On CEX you should pass another process to verify your account and order. You should click on the “Cards” button to configure your credit/debit card.

After entering your card information, you should verify it. This process takes 24-48 hours and you are required to take a selfie with your card. You should take a good selfie in which your face and details of your credit card should be clearly distinguishable. However, after verifying your card, you only need to select the amount of Ethereum that you want to buy. This makes a buy order for you, which should be completed to be executed.

CEX provides a relatively easy way to buy Ethereum with a credit card with verifying credit card with picture. This exchange lets users from every place in the world buy and sell cryptocurrencies. But after all, its rates and fees are very high compared to other crypto exchanges.

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