Is there a method for how to buy Bitcoin on Binance?
Do you have a Binance account? If not, then I highly recommend you make one. Binance is a wonderful cryptocurrency exchange site where you can get your hands on many different kinds of coins. But perhaps you want to know how to buy Bitcoin on Binance? We’ll explore the possibilities for that here.
How to buy Bitcoin on Binance; is it possible?
Well, as far as I know, you cannot use USD to get Bitcoin on Binance. And if there is a method for doing this, then I’m not sure what it is. In fcat, I don’t think you can buy any of the coins on Binance with USD. It’s more of an exchange site than it is a purchasing site.
However, fear not. There is a way to get Bitcoin, and put it on Binance. Even if there is no real method for how to buy Bitcoin on Binance.
Getting around the problem
Fortunately, there IS a site that you can use to buy Bitcoin straight-up: Coinbase. If you don’t know what that is, then Coinbase is a very popular cryptocurrency exchanging site. Unlike Binance, you can link your banking information up, and use it to buy Bitcoin here. However, also unlike Binance, there are only four different cryptocurrencies listed here. They are: Bitcoin, Bitcoin cash, Ethereum, and Litecoin.
Therefore, finding out how to buy Bitcoin on Binance, is by using Coinbase as a medium of sorts. If you don’t already have an account, then you can click here to create one. It’s pretty easy to link your bank account up to Coinbase. Once that’s done, you can then use your USD to buy Bitcoin. Then, getting Bitcoin onto Binance is as simple as transferring some there. You’re done!
Only one more piece of advice I have for you: sign up on Robinhood. They’re going to be enabling cryptocurrency trading shortly. If you sign up now, you’ll be right there ready to react!