Purchasing Aave KNC (AKNC) on Binance
There are several trading platforms today on the Internet, but undoubtedly Binance is one of the most popular and reputed.
Understanding how to buy Aave KNC (AKNC) is crucial if you wish to start out operating on that platform.
The goal of this article is to guide the reader on how to buy Aave KNC (AKNC) on the Binance Aave KNC (AKNC) exchange.
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Be able to register on Binance
There’s only way to start trading on the Binance platform: subscribing to it.
No complicated registration: just follow the instructions below.
Search for the "Register" option in the Binance main page and press on it to begin the registration process.
Access directly to Binance by clicking here.
Locate the "Register with a phone or email" button in the main page and press it.
The Binance platform is totally compatible with iOS mobile devices as well.
In this post, we’ll will describe how to do this using an email address.
- From the drop down list of countries, choose the one you reside.
- Following, write your email address and a security password. Be well aware that you will invest your money, so you should give relevance to the password you set up
- Now you must accept "Terms of Service" and, if you would want to receive information, updates and news from Binance in your e-mail address, mark in the corresponding box
Binance will automatically send a one-time-only activation code (remember: this is NOT the password you’ve created) that you’ll enter it in the corresponding box, then press "Send"
Finally, your Binance account has been activated.
You can now enter the Binance platform and observe all the options it offers.
This way you canit will be possible to start trading Aave KNC (AKNC) quickly.
To get access to these options, you must complete the ID checking.
It is very important to notice that until you complete this security measure, you will not get permission to begin trading Aave KNC (AKNC).
No big deal, though. See the following instructions to fulfill that step.
Verify your account to get started on trading
Read the next instructions and become an authorized subscriber:
Select "Security" from the drop-down list under the user profile area
Another option is to move to the upper part of the screen and press the "Verify" button
Pick "Identification" on the left options list.
Country of residence must be selected here.
The platform will display you 3 levels of verification: the one you already have, the Verified, and the Verified Plus.
To begin, click on "Start now" just below the "Verified" level.
A pop-up window will appear, and there you will be required to give your personal information: Nationality, first name and last name, middle name and birth date. Besides, make sure you type the exact address of your residence
It is time to support your identity using a legal document.
ID card, passport or even a license are all valid documents to fulfill this condition.
Now the platform will ask you to take a selfie under certain conditions.
Now you will have to wait for a short time while an account verification process is performed.
As soon as your profile has been accepted, Binance will send you an e-mail, just be patient.
The following instructions will guide you through the Aave KNC (AKNC) trading process. As soon as you’ve got the confirmation e-mail, you have become a Binance authorized Aave KNC (AKNC) trader.
Purchasing Aave KNC (AKNC) on Binance
Since you are registered on the Binance platform and got your account validated, you can begin trading.
Learning how to make a purchase of Aave KNC (AKNC) is actually quite easy.
Here, the Binance platform will ask you to present a legal document for identity verification.
Use your ID card, passport or even your license to complete this step.
Now the system will require you to take a selfie following certain instructions.
Now you’ll have to wait for a short time while an account verification process takes place.
All you have to do is wait patiently, Binance is going to let you know via email once your request has been accepted.
The following instructions will guide you through the Aave KNC (AKNC) purchasing process. As soon as you’ve received the confirmation e-mail, you have become a Binance authorized Aave KNC (AKNC) trader.
Purchasing Aave KNC (AKNC) on Binance
Starting your Aave KNC (AKNC) trading experience has never been so easy, right?.
Learning how to convert money into Aave KNC (AKNC) is not that hard.
Be aware that you have different options for this process
The "Buy cryptos" menu on the Binance main page should be your reference when making a purchase.
Needless to say you must login to your account to be able to do this
Placing your mouse pointer over this button will show a list of alternatives to make the purchase.
Now you’ll have to to provide a legal document to support your identity.
You can do this by using your ID card, passport, or license.
Follow the system guidance to take a selfie.
Once those steps have been fulfilled, the Binance platform will carry out a verification process on your account.
Now you have to wait until your profile has been approved. Be patient, Binance will let you know via email.
After that, it’s time to acquire Aave KNC (AKNC), to do so see the instructions below.
Purchasing Aave KNC (AKNC) on Binance
Now that you have subscribed to the Binance platform and got your account verified, you can start trading.
First you need to learn how to buy a Aave KNC (AKNC).
Some processes might have optional paths
Browse through the "Buy cryptos" menu on the Binance main page to know which alternatives can be found when buying.
You should, of course, try this once you are logged into your account
See all the different purchase options just by hovering your mouse over this button.
Buying Aave KNC (AKNC) using a credit/debit card
The first thing you must do to purchase the Aave KNC (AKNC) of your choice using a credit card, is to select this method from the "Buy Cryptos" drop-down menu.
These directions will help you in the process:
Currency to be used and how much you will invest should be stated in the next box.
The the Aave KNC (AKNC) you intend to buy should be indicated in the second field
When you do so, the platform will immediately display the quantity of Aave KNC (AKNC) you’ll receive, taking into account the amount of USD you’ve recently invested.
Keep on reading for detailed guidelines:
In the next box, pick the currency you wish to buy with and specify how much you are going to invest.
In the next field you must pick the Aave KNC (AKNC) you intend to get
When you do so, the platform will immediately display the quantity of Aave KNC (AKNC) you’ll get, according the amount of USD you have recently stated.
Press "Continue".
In case you’re going to pay with a credit card, pick in the "Visa/Mastercard" box the button "Add card".
Credit card details must be indicated in this step, then press "Next".
In this step you must specify the physical address details of the credit card. Following this, select "Add card".
When you see your card has been successfully added, press "Continue".
Next, you’ll see a summary of the transaction about to be completed. It includes the sum your card will be charged, the selected currency and the quantity of Aave KNC (AKNC) purchased.
It will also show you the commission you will need to pay for the transaction.
You have 60 seconds to press "Confirm", otherwise the order will be automatically canceled.
The system will now reroute you to the credit card issuing bank. Then you would make a standard on-line payment using your credit card.
As soon as the banking process has been completed, you are already in possession of the purchased Aave KNC (AKNC) in your Binance digital wallet (referred to as the «Spot Wallet»)
See how easy is how to purchase Aave KNC (AKNC) through Binance P2P
A different way to purchase a cryptocurrency is to exchange it
with another subscriber. You should indicate which payment method you wish to use first.
Next, all the important details of the transaction will be displayed: the amount you will pay and the corresponding currency, and of course, the cryptos you are going to get.
It will also let you know the commission will be charged for the transaction.
In less than 1 minute press "Confirm", there after the order will be automatically terminated.
The following step must be carried out on the credit card banking webpage. Follow the instructions in the same way you would make a payment with your credit card.
You may take a look at your Binance e-wallet (referred to as the «Spot Wallet») once the banking process has been done and you’ll find your recently bought Aave KNC (AKNC) already credited
Buy Aave KNC (AKNC) through Binance P2P
An alternative way to buy crypto is to exchange it
with another user. To achieve this, the first step is to indicate the payment method you wish to apply.
- Go to your account and press "Security".
- Click on "Payment" from the menu on the left.
- Once the "Add a Payment Method" button is pressed the Binance platform will guide you through the rest of the procedure.
Once you finished including the new payment method to your account, go to the "Buy Crypto" menu (top bar of the navigator), find the "Trading P2P" option, and follow the guidance below:
- Click the "Buy" button found on the upper bar of the "P2P Account" menu
- In this bar you’ll see the list of Aave KNC (AKNC) available for purchase via P2P operations. Pick the one you want, for this exercise we will present «USDT» as an example.Buying one of these Aave KNC (AKNC) through P2P trading allows the trader to exchange it on the Binance platform for any of the currencies available.
- It is time to select the local currency you want to pay with, for example, «VES». Simply, place the list under the "Fiat" label.
- Now you must type the amount in VES you’d like to use in the "Amount" box.
- Select the method of payment and wait for the platform to display the register of the traders that are offering Aave KNC (AKNC).
- Any of the sellers shown in the list can be chosen, although it is advisable to choose a verified one (see the blue diamond marking), and better, a high-volume seller (golden star marking).
- Now press "Buy USDT"
- Enter the amount in VES you wish to pay
- Click on "Buy USDT" again
- A purchase order has been generated and the seller and you will be able to contact each other for details, in case you need it. You have a limited time to make the payment, if you fail doing so the order will be canceled by the platform (and that’s bad for your reputation as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
Tips on how to transfer your Aave KNC (AKNC) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception acknowledge has been done.
This way, they will instantly be deposited into your wallet.
Although, in case you want to buy any other Aave KNC (AKNC), you will need to move them to your Spot Wallet.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
If you didn’t follow this step, don’t fear, you can move the cryptos later.
Ways to transfer your Aave KNC (AKNC) to the Spot Wallet
The seller, upon receiving your money, will immediately release the Aave KNC (AKNC).
The default place where Aave KNC (AKNC) are transferred to is your account wallet.
But in case you want to get any other Aave KNC (AKNC), you need to move them to your Spot Wallet.
To accomplish this, you only need to press "Transfer to Spot Wallet" once the buying order is completed.
This Aave KNC (AKNC) internal movement can be done whenever you need.
- Click on "Wallet Funds" from the "Wallet" drop-down list.
- Locate the "Transfer" button at the top right and click on it.
- A new window will pop-up, where you must set the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency in which you have funds, in the example right here we use «USDT»
- Enter the cryptos you are transferring for the Exchange and press "Confirm".
Perfect! Now you have funds available to trade any of the numerous Aave KNC (AKNC) in the Binance platform.
To purchase Aave KNC (AKNC) from Binance all you have to do is the following:
- Find the "Trading" option in the upper section.
- Click on "Convert" from the list.
- Input the sum of «USDT» you would like to invest.
- Choose the crypto you would like to get.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. You will have the funds of the chosen crypto in your Spot Wallet.
All right! Now you have money available to buy any of the several Aave KNC (AKNC) in the Binance platform.
To buy Aave KNC (AKNC) from the Binance platform all you have to do is described below:
- In the upper section, find the "Trading" menu.
- In the listing select the "Convert" option.
- Input the sum of «USDT» you wish to invest.
- Now select the cryptocurrency you’re about to get.
- Press "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the amount of the chosen crypto in your Spot Wallet.
Depending on the information above, you are now ready to start trading on Binance.
So, no need to think twice, make a profitable business in the Binance platform.