Binance is a crypto exchange that is focused on the Asian market, but also supports English users. Binance has a multi-language support: Chinese, English, Korean, and Japanese and has all the major coins available: BTC, ETH, LTC, BNB etc. Trading fee is very low at around 0.1%. Binance is considered a very user friendly / beginner friendly cryptocurrency exchange.
How to Buy Bitcoin with Debit & Credit Cards
In order to buy the coins you first have to open an account. You can use our binance registration guide here.
After you have completed your registration log into your account, than go to homepage and click the Buy Crypto button.
On the following page choose your preferred payment option. For this guide we chose Koinal visa clearing solution.
On the next page you will have to confirm your order. and click go to payment. Note that The crypto amount quoted is based on the current rate and is not final. also ID verification (KYC) is not required for total cumulative purchases below $2,500.
Now fill in the Billing form that has two parts: the first is your credit card payment details.
The second is your personal details. than click the Complete Purchase button.
Bank cards issued within the following countries & regions are not supported by Koinal: Mainland China, Russia, USA, Vietnam, Bolivia, Colombia, Ecuador, Algeria, Bangladesh, Indonesia, Jordan, Kyrgyzstan, Morocco, Nepal, Saudi Arabia, Iran, Pakistan, Taiwan and Cambodia.
Now all that is left is the verification and you are done!
Once payment is completed, you can check your payment status on Koinal and deposit history on Binance.
Remember that it’s not safe to leave large sums of money on any cryptocurrency exchange. That means you are leaving your money in someone else’s wallet. The best choice is a hardware wallet such as Trezor or Ledger. Click here to read our Guide to Bitcoin and Altcoins wallets 2019.
Trezor or Ledger. Click here to read our Guide to Bitcoin and Altcoins wallets 2019.