Now we’ve set you up with your Binance account, let’s purchase some cryptocurrency. Next, you have to complete the Know Your Customer (KYC) process. KYC helps us make sure you are who you claim to be and fulfill our legal requirements.
You’ve got a few options to choose from when purchasing crypto:
1. Credit/debit card: the most straightforward option for new users.
2. Deposit funds into your Fiat and Spot wallet: transfer fiat currency from your bank account and use it on the exchange.
Purchasing crypto with a credit/debit card
If you are still on the Binance welcome screen, select [Buy crypto with your credit card]. Otherwise, hover over [Buy Crypto] and select [Credit/Debit Card] from the Binance homepage.
Select the currency you will be paying with and the coin you wish to purchase. In our example, we've gone for £100 of bitcoin (BTC). Press the [Buy] button to proceed with inputting your card details.
Once the process is complete, your purchased crypto will be credited to your [Fiat and Spot] wallet.
Source: http://binance.com
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