Important: Use our unique link and get 15% off commissions on Binance.
To get started, just enter your email address, create a password for your account and click [Create Account].
Your password should be a combination of numbers and letters. It should contain at least 8 characters, 1 upper case letter and 1 number for security.
For security verification, drag the puzzle piece to the right until it fits into its slot.
A 6-digit code will be sent to you via email. Enter it in the next screen.
Finally, you will reach the Welcome to Binance screen. This screen will outline some of the core features.
Step 2: Verify Your Account
Verification is a process used by exchanges to establish the identity of customers. It is necessary for any kind of financial transaction, especially those with higher levels of security or legitimacy. Any user who wants to trade crypto on exchanges must go through verification.
For new users, you may click [Get verified] on the homepage directly.
Click [Start Now] to verify your account.
Select your country (In your case United Kingdom) of residence. You will then see the list of verification requirements for your country. Click [Continue].
Enter your personal information and click [Continue].
Next, you will need to upload pictures of your ID documents. Most users can choose to verify with a passport, ID card, or driver’s license.
After uploading the document photos, the system will ask for a selfie. Click [Upload File] to upload an existing photo from your computer.
After that, the system will ask you to complete face verification. Click [Continue] to finish face verification on your computer.
After you complete the process, please wait for Binance to review your data promptly. Once your application has been verified, Binance will send you an email notification.
Cryptocurrencies and blockchain continue to be favored targets for criminal activity. The ability to make anonymous transactions can allow criminals to engage in financial transactions with more impunity. KYC protocols and identity verification is an essential element for policing the market and protecting crypto investors from theft.
Step 3: Fund Your Account and buy Fantom
To invest in Fantom, you’ll need to deposit some money into your account.
Log in to your account, head over to the “Buy Crypto” section on the Binance toolbar, and choose the “Credit/Debit Card” option.
Select Fantom and enter your order amount. The total price with fees will be calculated in the second bar.
After that, you will be prompted to enter your card details and after confirmation, you will finally buy your first Fantom. Usually, it will take between 10 and 30 minutes for the crypto to appear in your Binance account.
How to Save 40% on Fees When Buying Fantom
One way you can lower your trading fee is by keeping some Binance Coin in your account at all times so your fees can be taken from that. Doing this gets you 25% off all trading fees.
In total, you get a 40% discount on all transaction fees!
Alternative ways to buy Fantom
If you were unable to buy Fantom on the exchange using GBP, you can buy it using another cryptocurrency, such as Bitcoin. You can always buy BTC for the first time using platforms such as LocalBitcoins, then transfer your BTC to a Binance to buy Fantom. In this case, you can further reduce costs.
Below are a few of the sellers in the United Kingdom who sell bitcoins with GBP.
Buy Bitcoin via UK Bank transfer, UK banks only.
Due to KYC restrictions you MUST be 18 or over to purchase BTC.
KYC Photo ID Verification required for new users, and first time buyers with me. Your information and documents are 100% safe, I am compliant with all current legislation's and will not share your information. We MAY require a handwritten note to clarify you're intentions in sending the payment.
Faster Payments friendly, if your bank does not support faster payments, or there's a delay with the transfer, you will have to wait until the funds arrive before I release the Bitcoin to your wallet. I will never release early, or release before the funds show in my account.
Your real name on LocalBitcoins, ID and Bank Card, must match the same name on the transfer of the bank account you are sending from.
If the name on the transfer is different from the verification you have provided, I will dispute the payment immediately, and report you to LocalBitcoins admin. I will also contact the fraud department of both my bank and the bank the payment has been sent from, and report it as a fraudulent payment.
Any scammers or fraudsters who are using 3rd party bank accounts, or tricking people into sending money etc, do not bother wasting your time. I will call the owners bank immediately, and notify them that the account owner is being a victim of fraud, and the account is being used fraudulently to purchase Cryptocurrency.
If you intending to chargeback the payment, do not bother wasting your time. I will not hesitate to report you to both my bank and yours, along with the evidence of you purchasing, and receiving the Cryptocurrency you purchased via this platform.
I do not condone the use of bitcoins for illegitimate activities.
If the text on your ID, proof of address document and/or handwritten note are not legible I may ask for additional close up photo(s).
By opening a trade and not replying / going offline will result in being blocked forever by us and will never be able to trade with us again.
Following the completion of this trade you will become a trusted customer able to trade with any account on this website containing 'Localbitcoins.co.uk' - this means no more annoying ID or proof of address photos when opening a trade with ANY of us!
By continuing with this trade, you agree with all policies held at the bottom of localbitcoins.com. Please cancel this trade if you do not agree with any of the policies.
Hello thank you for wanting to trade.
In order to trade securely, first time customers are required to send a picture of your valid photo ID alongside the following handwriting statement.
"I [Your Name] will pay for the bitcoin from my bank account using my own money gotten legitimately and without any third party involved. [sign][date]"
Note: Payment must be made from your own bank account matching your real name on LocalBitcoins, and photo ID. Thus, third party transactions are not allowed.