How to Buy Ethereum with Binance?

Cointral Marketing Manager
How to Buy Ethereum with Binance?

If you want to make cryptocurrency transactions with Binance, one of the most important exchanges in the cryptocurrency world, this guide will help. In this guide, we will explain to you Binance and Ethereum purchasing method with visual support. You can learn more about this by browsing our previous articles “Binance Bitcoin Purchase” and “How to Withdraw Money from Binance”.

Buy Ethereum

To be able to trade on the Binance exchange, you first need to have Ethereum. If you want to buy Ethereum, you can buy ETH from Cointral with your credit card. You can start trading at Binance by entering the Ethereum address given to you during your Binance registration.

To buy Ethereum, you can get guidance from the image below. If you want to make a cash purchase, you can trade more than 1200 cryptocurrencies from our Cointral branch with the help of our expert staff.

To purchase Ethereum with credit card, you must first login at cointral.com. Then click on Online Transactions, https://online.cointral.com select the Ethereum from the “Buy Crypto With Card” section. Then, you can proceed to the second stage by typing the Ethereum address you received from Binance in the address section.

After determining the amount of Ethereum you will purchase and entering your address, the second step is to enter your credit card, invoice and personal information. You complete the information in the relevant sections and proceed to the approval stage.

Once you’ve entered your card, invoice, and personal information, you’ll need to perform a two-step verification to continue your Ethereum purchase. You can proceed to the next stage by performing the verification procedures with your mobile phone number and e-mail address you previously entered.

Once you complete the verification process, you will proceed to another stage of your purchase.

In this stage, you are asked to attach a photo of your Passport, ID or Driver’s license. However, you must pay attention to three criteria when uploading the photo.

1.            All four corners of the photo should be visible.

2.            The information in the photo should be readable.

3.            Flash photos should not be uploaded.

Please fill in your name / surname, date of birth, gender, province, identity number and validity date of your identity number and attach your photo with the above mentioned criteria. You can then upload your attached file by typing your address information.

Your Ethereum purchase is successfully completed.

As we explained in the images above, you can buy Ethereum easily at the best price at Cointral. So, how can you transfer these ETHs to Binance? Here are the answers on how to transfer your currency on Binance.

How to Transfer Money on Binance?

After you have forward your request to purchase Ethereum with Cointral, the ETHs you have purchased will be transferred to your Ethereum wallet in Binance. When purchasing Ethereum with Cointral, you can transfer your Ethereum from Cointral to the Binance exchange by selecting your Ethereum wallet in your Binance account.

However, if you have purchased other altcoins such as XRP, Litecoin, USDT, Dash instead of Ethereum, make sure that your wallet address is the address of the cryptocurrency you purchased when you transfer money to Binance. If you type the wrong address, your cryptocurrency will be lost.

How to Deposit on Binance?

To put it briefly, you must first register to make a deposit to Binance. Later, you can buy crypto coins such as Ethereum, Ripple, Tether, Litecoin from the stock exchanges that can trade with TL or you can purchase cryptocurrency at Cointral with the steps above.

You can easily deposit on Binance by following the steps below. Here are the steps to deposit;

• Log in to Binance first.

• After logging in to your account, select the Deposit tab in the Funds category from the menu.

After entering the Deposit section, select the coin to trade on the Binance exchange. If you wish to transfer Ethereum from other exchanges or from your wallet, you must also select ETH at Binance.

After selecting the cryptocurrency you will trade from the coin list, it will take you to the address section. In this section, enter the deposit address to which you want to transfer.

After you have written the coin address, your transfer will be completed successfully. The processing time may vary depending on the coin you select. With Cointral, you can carry out your cryptocurrency transactions easily with the best price available.

Investment information, comments and recommendations contained herein are not included in the scope of investment advisory. Therefore, making an investment decision based solely on the information and comments contained herein may not produce results that are in line with your expectations.