If you want to buy Spartan Protocol (SPARTA), you will need either Bitcoin (BTC) or Ethereum (ETH) for trading purposes. In this post, we’re going to look at some major cryptocurrency exchanges like Binance to help you identify the best sites for buying cryptocurrency with a credit card or bank account. Read on to learn more about the best cryptocurrency trading strategies.
Several phishing cases have been reported in recent years, which are imitations of the original website; Therefore, it is important to carefully check the URL to the website.
First, look for the “Secure” certificate, which should appear in your address bar and serves as confirmation of the website’s legitimacy. Second, to be extra safe when trading on the platform, be sure to bookmark the official website to avoid confusion in future searches.
You need to enter your details by clicking on the “Register” tab at the top right corner of the site’s page and entering your trading information. For example, you must enter your mobile phone number or email address. It is necessary to use your primary email address which is easily accessible and most secure as you will need it at all times to log into your Binance account.
You should also choose a strong password for your email, which should contain a combination of numbers, symbols, uppercase and lowercase letters. As a verification code for your account and to complete the registration process, you will receive a 6-digit code at the email address you provided.
You can send money directly from your bank account to your Binance Crypto wallet account via SWIFT money transfer or use your debit/credit card. In this section, I’ll show you how to use your credit card.
Binance previously banned the use of credit or debit cards on its platform, but this has now changed. Binance has partnered with Simplex to allow its users to buy Bitcoin or Ethereum using their credit or debit card. As a result, crypto transaction speeds have increased, transaction fees have decreased, and transaction flexibility has increased.
- Hover your mouse cursor over the Buy Crypto tab on the top bar and select the drop-down menu. Then select the currency, e.g. B. US Dollars and click the “Credit/Debit Card” button to continue to the next step.
- You will be taken to the next page where you will see options to select the bitcoin you want (select BTC) and the amount you need to spend to buy your desired amount of bitcoin. The total amount you need to spend is displayed based on the amount of bitcoin you requested and the current market price (including all fees). However, you can set the total fee first, and then the system will automatically calculate the order amount for you.
- Enter your credit card information and your personal information. After that, click “Pay Now” and wait for your information to be verified.
- If this is your first Simplex payment, you will need to verify your email address and phone number with a code that will be sent to you via email or SMS. Open the link in your email and enter the code you received via SMS to complete the verification process. After completing all the previous steps, click Continue.
- The use of an official document is then used to verify identity. Simply upload your ID photo along with your personal information and then click on the “Upload Document” tab.
Now let me demonstrate how you can use your Binance investment to buy the Spartan Protocol (SPARTA). However, not all cryptocurrencies can be traded on Binance, so we need to transfer our coins to an exchange where the Spartan Protocol (SPARTA) can be traded.
- After setting up your trading account with one of the Spartan Protocol (SPARTA) exchanges, you need to transfer your BTC from Binance to that exchange.
- Typically this is achieved through the use of a wallet system. To make a Huobi deposit, navigate to “Funds” in the top right corner and select “Exchange Account”. In the token area, look for “BTC” and copy the displayed “Deposit Address”.
- This part can be a bit tricky to complete, but don’t worry, it’s no harder than a bank transfer. Then return to Binance and copy your unique BTC wallet address.
- You need to enter the deposit address that you copied from the other exchange and select BTC as the transfer network. Enter the amount you want to withdraw (you can click the “Max” button if you want to withdraw them all).
- Then click on the Submit button to start the withdrawal process. Binance may request your 2FA code before proceeding with the withdrawal and you will also need to confirm the withdrawal via email.
That’s all there is to it; Now you have to wait for the blockchain to confirm your transaction.
You must now return to Huobi and buy the Spartan Protocol (SPARTA) with the bitcoins you sent. Hover your mouse over “Spot Trading” and then click “Exchange” to access the trading menu. Search for Huobi Trade in the left column, make sure to select the pair “BTC” and type “SPARTA” in the search bar.
After moving your coin, click on it and you will see a SPARTA/BTC price chart in the middle of the page. Select the “Market” tab as this is the easiest way to place orders. You can either enter your amount or choose a percentage of your BTC deposit to spend on the purchase by clicking the percentage buttons. Click the Buy SPARTA button.
