If you wish to buy Bitcoin on Binance, then you’ll need to create an account on Binance. Binance is the most famous Cryptocurrency in the world and widely used, because of it’s extensive selection of Altcoins, which continues to grow with frequent additions. You can withdraw 2 BTC per day without any verification, it’s also supports mobile app for both iOS and Android devices.
You can get started by purchasing some BTC on Binance with a credit or debit card if you don’t own any Cryptocurrency yet.
The most convenient cryptocurrency to deposit if you want to purchase Bitcoin (BTC) is Ethereum. Once your purchase is complete, you can also use the Bitcoin you bought for trading with a big selection of other coins.
Now if you want to make a deposit, head to the navigation bar at the top, click Funds – Deposits. Search for ETH for Ethereum and select it. The website will provide you with a deposit address for the cryptocurrency you selected. The address will be alpha numeric and all lowercase. Copy the address and go to your wallet of choice. Send the amount you wish to deposit to the address you copied. The process won’t be instant, it will take upto an hour for the funds to show up on your Binance account.
If you wish to check your balance, go to Funds – Balances in the navigation bar at the top of the website. Now Exchange – Basic, if you want to place an order. Let’s assume you’ve deposited Ethereum, On the top right corner, select BTC and search for ETH, which is the ticker for Ethereum. The ETH/BTC trading pair should appear.
You can only buy BTC by placing a sell order for ETH. In this case, you will be selling your ETH for obtaining BTC.
That’s how you buy Bitcoin on Binance.
Wish you all the best,