How to buy cryptocurrency like ripple and ethereum in UAE through Binance exchange.steemCreated with Sketch.

in dubai •  7 years ago  (edited)

This guide is continuation of my first post and if you don't know how to buy Bitcoin in UAE then click here.

If you already have bitcoin in your Bitoasis wallet then click here to open binance website and follow the guide:

Click on the create account button:
binance 1.PNG

Fill in the form as shown and click on Register button. You will receive an email to verify your account so open your inbox and click on the verify email button mentioned in email from binance:
binance 2.PNG

Now your account is verified so proceed to login page, enter your email and password then click Login:
binance 3.PNG

Drag the slider to complete the puzzle for verification that you are human :D
binance 4.png

Once you login you will see this page: Now click on funds and then click deposits:
binance 6.png

Now click on "Select deposit coin" then write "BTC" in the search and click on bitcoin as shown:
binance 7.PNG

Now you can see your bitcoin deposit address so click on the copy address button:
binance 8.PNG

Now go to your Bitoasis wallet, click on send tab and paste the address there. Now enter the amount of bitcoin you want to send in your binance account which will be used to purchase other cyrptocurrencies from binance. Click confirm to proceed.
binance 9.PNG

Once your bitcoin is deposited at your binance account now you can easily purchase any cryptocurrency like ripple, ethereum, EOS, litecoin and many more by utilizing your bitcoin. So click on the exchange and then click basic as shown:binance 10.png

Now to purchase a cyrptocurrency just write its short form as shown for ripple its "XRP" and then click on the XRP/BTC pair to buy ripple. You can by any cryptocurrency in the same way from this list.
binance 11.PNG

Now you can buy and sell XRP (Ripple) in this window:
binance 12.PNG

Disclaimer: I am not a financial adviser and please do your own research before investing. Cryptocurrency market is volatile and there is risk to lose your money.

I hope you liked my guide and please upvote it if you did.

If you want to purchase a hardware wallet to store your digital currencies i would recommend you to buy a Ledger S Nano because it can hold alot of coins including bitcoin ethereum and ripple. The whole list can be found on their website.

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