How to pay in Bixxus Shop from Binance

In this article I will show you how to pay in Bixxus store from Binance. 

How to pay in Bixxus Shop from Binance? In this article I will show you how to pay from Binance. And how to buy cryptocurrencies so you can purchase our products. This information is important for you, as the only means of payment accepted are cryptocurrencies. 

We will go through the steps from buying Bitcoin to sending the payment and finalizing the order. I will also show you how to pay with commissions less than 0.5 USD by making a payment with Litecoin, Bitcoin Cash or Dogecoin. This tutorial is oriented to perform the process from the computer. The steps in the Binance App are similar.

What is Binance?

I could make a whole page talking about everything that is the Binance ecosystem, but for what concerns us in this article, it is the largest cryptocurrency exchange in the world. 

Why pay in Bixxus from Binance?

Being the cryptocurrency exchange and buying platform with the largest volume and coverage worldwide, it is obvious to say that it is one of the places where you can acquire crypto easily no matter where you are in the world. 

Steps to buy bitcoin on Binance without using a credit card

If you already know this process go to point 10. ve al punto 10. 

  1. Register on Binance here and upload the required documents. You must be of legal age.
  2. Go to the TRADING section and choose P2P.

3. Choose BTC  and the local currency in which you are going to pay (the currency of your country).

4. Elige un vendedor. La sección P2P de Binance es un Marketplace de venta de criptomonedas así que debes elegir un usuario que venda un monto de bitcoin similar al que necesitas comprar y que tenga un medio de pago en el cual puedas depositar o transferir fácilmente. Como muestra la siguiente imagen, al frente de la palabra “Límite” aparecen las cantidades que este vendedor ofrece y al lado derecho los bancos o Apps en los que acepta pagos. 

Don’t worry too much about security, Binance offers a secure deposit system for P2P transactions and if you follow the steps outlined above, no problems will arise.

NOTE: To find out how much cryptocurrency you need for a Bixxus order, you can place a test order first. 

5. Choose the amount of Bitcoin. Once you click on “BUY BTC” you will get to a screen like the following image where you must enter the amount of bitcoin you are going to buy or the amount in Fiat money. Read the merchant terms on the left side. Fill in the fields and again press the “Buy BTC” button.

6. Make the payment and mark as PAID. On the right side of this screen you can read the seller’s instructions to make the payment. On the left side you will find the payment methods offered. Choose the one that suits you best and make the payment. Remember that the transaction is secure, since Binance has withheld the amount of Bitcoin you have chosen to buy from the seller. IMPORTANT: the secure deposit is due according to the counter at the bottom so you must pay and mark as paid on the yellow button before the time reaches zero. If the counter reaches zero and you have not marked as paid the transaction will be canceled and the platform will return the bitcoins to the seller. 

7. Release of bitcoin. Once you pay, send the payment receipt in the chat. As soon as the seller validates the payment with your bank, he will release the bitcoins and you will be able to see them in your P2P wallet.  If you have any questions or the release is taking too long you can write a message to the seller at the bottom right. 

8. Send the funds to your Spot wallet. As soon as you receive the notification that the funds were released go to the wallets section and click on P2P and you will be able to see your Bitcoins. The P2P wallet does not allow you to transfer to external wallets so you must send the BTC to the Spot wallet. As you can see in the following image on the right side of the Bitcoin row there is a TRANSFER option, click there and choose FIAT and SPOT wallet. Do not worry this transfer does not have any cost. 

9. Options to pay in Bixxus from Binance.  Having Bitcoin in your Spot account you have 2 different ways to pay for your Bixxus order. 

a. Pay with Bitcoin, Binance withdrawal fee of 0.00051 (20 USD approx.)

b. Pay with Litecoin, Bitcoin Cash or Dogecoin with very low commission (0.2 USD aprox.) 

If you choose option a, just go to Bixxus, place your order and follow the steps below. If you prefer to save with option b, go to point #11. 

10. Pay for your Bixxus order with bitcoin (option a).

 

  • Log in to your Bixxus account,
  • Choose the product,
  • Fill in the billing fields,
  • Choose Bitcoin in the payment cryptocurrencies.
  • Click on pay 

Copy the wallet address and go to Binace/Spot wallet. Click on WITHDRAW in the Bitcoin row. 

Paste the Bitcoin address in the ADDRESS box. Type the amount of bitcoin in the AMOUNT box. Make sure you do not change the amount or characters in the address so that the payment is made correctly. 
If necessary, select BITCOIN NETWORK in the dropdown to choose network.

IMPORTANT: whether it is bitcoin or any other cryptocurrency that you are going to withdraw from Binance, the exchange deducts the commission from the amount sent. It is essential that you add the cost of the commission to the amount requested by Bixxus otherwise your order will be unsuccessful due to insufficient payment.

Example:

If the amount to be paid in Bixxus is 0.0054 BTC.
Binance withdrawal fee at the moment: 0.00051 BTC
Total to send: 0.00591 BTC

In the case of Litecoin Binance has a fixed withdrawal fee of 0.001 LTC so you should always add this amount to the amount to send. Withdrawal fees for Bitcoin or other cryptocurrencies may change, but they are always visible at the time of withdrawal.

Bitcoin transfers take a few minutes to be confirmed. And that’s it, as soon as the transaction is confirmed your order is completed and you receive your digital goods. 

11. Pay your order on Bixxus with Litecoin (LTC) Bitcoin Cash or Dogecoin, low commission. 

I will show you the process to do it with Litecoin (LTC), for Bitcoin Cash and Dogecoin it is exactly the same. 

To achieve this we have to do a couple of extra steps in Binance, but it will be worth it because you will save shipping costs almost entirely. Having the Bitcoin in the Binance SPOT wallet we mouse over the TRADING tab and click on CLASSIC as shown in the image. 

Search for LTC in the right search bar. Choose LTC/BTC

In the next step we focus on the left option (Buy LTC). 

I recommend you to leave the default price or if you already know how the exchange works you can modify it taking into account the price fluctuation of the green values on the left. 
In the scrollable bar you can choose the amount of BTC you are going to convert to LTC. To change it all you have to set it to 100% or you can type the amount manually in the BTC box. 

Once you click the BUY LTC button your bitcoin will be converted to the equivalent Litecoin amount. If the trade takes a long time to execute it means that the price has changed, in this case you should cancel the trade at the bottom and create a new one. This operation is absolutely inexpensive so you will not spend more than a cent on it. 

At this point you will have LITECOIN in your SPOT wallet. Go back to point 10 and follow the steps replacing Bitcoin with Litecoin. Apply the same process to pay with BCH or DOGE. 

Withdrawing LTC from Binance has a fee of 0.001 LTC, that is minus 0.15 USD. Adding the BTC to LTC exchange fee and the withdrawal fee, the costs for a 1000 USD transaction do not exceed 0.2 USD, which is absolutely low compared to any other online payment method. 

Remember to use the Bixxus purse

If you are a recurring buyer in Bixxus Shop the best thing you can do is to recharge the wallet with an amount sufficient for several purchases and thus save even more on commissions since purchases from the internal wallet are free of charge. You can reload it with LTC, BTC, BCH or DOGE. 

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