How to Buy Cryptocurrency on Binance With Credit/Debit Card
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Before you can start trading, you need to buy cryptocurrencies first. There are a number of ways to buy cryptocurrencies from the Binance homepage, including Credit/Debit Card, Cash Balance, and P2P.
Before getting started, please make sure you have completed theidentity verification.
How to buy crypto with Credit/Debit Card
1. Log in to your Binance account and click [Buy Now] on the homepage banner.
2. You can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. Click [Continue].
3. You can choose your preferred payment method here. To buy with credit/debit card, click [Visa/Mastercard] - [Continue].
4. Follow the instructions and enter your card information.
6. Please check the payment details and fees and confirm your order within 1 minute, or the amount of crypto you can get would be recalculated based on the current market price. You can click [Refresh] to see the new order amount.
7. You will be redirected to your bank's OTP Transaction Page. Follow the on-screen instructions to verify the payment. After that, you can see the purchased crypto in your Binance Spot Wallet instantly.
There are two types of lending products available on Binance Savings : 1. Fixed Savings 2. Flexible Savings Fixed Savings locks your funds for a predetermined amount of time and rate of interest. In contrast, Flexible Savings lets you withdraw your deposited funds at any time. The interest rate, however, does change over time. Since you have a degree of flexibility to access your funds, the interest rates will subsequently be lower for anyone who chooses Flexible Savings products. How to use Binance Flexible Savings? 1 . Log in to your Binance account and click [Finance] - [Binance Earn]. if you are new to Binance, Sign up here www.binance.com Scroll down to [Savings] and click [ View More ] . You will find [ Flexible Savings ] and [ Fixed Savings ] on this page. To view all Flexible Savings products, click [Expand all Savings products] . 2 . Click the [Transfer] button where a second confirma...
What are Flexible Savings products? Flexible Savings acts as your Crypto savings account, allowing you to earn interest on your deposited crypto. The scheme is flexible and allows you to redeem your funds at any time. What are the terms of Flexible Savings products? Average annual return: The average annual return (AAR) uses the average daily interest rate from the past 7 days, multiplied by 365. It is a reference to the daily interest you are entitled to, but does not necessarily equal the exact interest rate you will receive. It uses past performance to predict future earnings, so there is always a margin of error involved. Interest per thousand: The daily interest per thousand coins/tokens of a particular asset based on the latest daily interest rate. Subscription and redemption Flexible Savings can be subscribed to and redeemed at any time. Your funds are then credited in real-time. There’s no waiting period to deal with. The time frame for subscription and redemption is op...
