How to buy BitDiamond (BTDMD) on Binance
There are a lot of trading platforms today on the WWW, but without a doubt Binance is among the most popular and innovative.
However, if you’d like to get started operating on it, the first thing you should do is to learn how to buy BitDiamond (BTDMD).
The goal of this article is to guide you on how to buy BitDiamond (BTDMD) on the Binance BitDiamond (BTDMD) exchange.
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Discover how to register on Binance
To be able to buy BitDiamond (BTDMD) on Binance, the first thing you must know is definitely how to subscribe.
Registering to the platform is very simple: check the following instructions.
Visit the Binance main page and press on the "Register" option.
You have the direct link here.
In the Binance main page you’ll see a button with the label "Register with a phone or email". Press it.
The Binance platform is totally compatible with iOS devices as well.
Here you’ll will see the subscription technique using an email address.
- First, pick the country from the drop down list according to the one you reside.
- The next step is choosing a secure password. This is crucial since it’s all about your money, so you need to create a really strong one
- If you wish to be informed periodically via email about Binance news, mark in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Now it just needs to be verified via email
You surely have received an email in the address you’ve just used for creating your Binance account. In its text you’ll find an activation keycode you’ll need to will enter in the corresponding box. Then click on "Send"
And that’s all! You are now signed up with Binance.
Now you can enter the Binance platform and observe all the options it offers.
You’ll discover how easy is to begin trading BitDiamond (BTDMD).
To get access to those options, the first thing you must do is fulfill the identity verification.
Notice: No BitDiamond (BTDMD) operation will be permitted if you overlook this security step.
In the next section, you’ll be guided about how to do it. Zero problems.
Learn to verify your account and start trading
To be an authorized customer you must complete the steps below:
Choose "Security" from the drop-down list under the user profile button
Another alternative is to go to the upper part of the screen and click on the "Verify" button
In the list shown on the left-hand side of the navigator window, click on the "Identification" option.
Select your Country of Residence.
The platform will show you three levels of verification: the one you already have, the Verified, and the Verified Plus.
Click on the "Start now" button below the "Verified" label, for this will be your beginning level.
A pop-up window will appear, and there you’ll have to provide your personal info: Nationality, first name and last name, middle name and date of birth. Also, make sure you type the exact address of your residence
It is time to sustain your identity using a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system requirements to take a selfie.
After completing all those steps, the Binance system will execute a verification process on your account.
So, wait patiently, Binance will let you know via email as soon as your request has been approved.
Congrats! As soon as you’ve received the confirmation you’re officially licensed to trade BitDiamond (BTDMD). The following instructions will be helpful.
Buying BitDiamond (BTDMD) on Binance
Beginning your BitDiamond (BTDMD) trading career has never been so simple, right?.
In this segment you’ll discover how simple is to convert money into BitDiamond (BTDMD).
It is time to check your identity with a legal document.
passport, ID card or even a driver’s license will be enough to fulfill this requirement.
Now, you will have to take a selfie, following the application’s instructions.
Once those requirements have been fulfilled, the Binance system will carry out a confirmation process on your account.
So, be patient, Binance will send you an email once your request has been approved.
Congratulations! Now you’re officially licensed to operate with BitDiamond (BTDMD). The following guidelines will be helpful.
Purchasing BitDiamond (BTDMD) on Binance
Now that you have subscribed to the platform and got your account confirmed, you are able to begin trading.
In this segment you’ll realize how easy is to buy a BitDiamond (BTDMD).
Be aware that you could have different options for this process
To know which alternatives you have when making a purchase, look for the "Buy cryptos" menu on the Binance homepage.
You have to, of course, make this happen after you’ve signed into your account
Placing your mouse pointer over this button will display a list of alternatives to make the purchase.
Next, you’ll need to show a legal document to verify your identity.
You can do this by using your passport, ID card, or license.
In the next stage, you will be asked to take a selfie, following the application’s guidance.
Now you will have to wait for a short time while an account confirmation process takes place.
Now you have to wait until your application has been accepted. Be patient, the system is going to let you know via e-mail.
Upon receiving that email it’s time to buy BitDiamond (BTDMD), just follow the guidelines below.
Learn to buy BitDiamond (BTDMD) on Binance
OK, account confirmed means you can begin buying BitDiamond (BTDMD) right now.
Learning how to buy a BitDiamond (BTDMD) is not so difficult.
You will probably find more than one option throughout the process
Use the "Buy cryptos" menu on the Binance main page to find out which alternatives you have when buying.
You need to, of course, do that once you are signed into your account
Move your mouse over this button and a list of buying alternatives will be shown.
Using your credit or debit card to purchase cryptos
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
The following guidelines will help you in the process:
In the next box, select the currency you’d like to buy with and indicate the amount you want to invest.
In the next field you must select the BitDiamond (BTDMD) you wish to buy
According the amount of USD you have just stated, the platform will immediately show you the quantity of BitDiamond (BTDMD) you will get.
These instructions will help you in the process:
In the next box, select the currency you’d like to buy with and enter how much you want to invest.
The the BitDiamond (BTDMD) you intend to buy should be indicated in the second field
The number of BitDiamond (BTDMD) you are going to get will depend upon the amount of USD you’ve previously defined. The Binance system will automatically show it to you.
Next click "Continue".
Now you must define your method of payment. To pay with a credit card, select in the "Visa/Mastercard" box the button "Add card".
Credit card details must be indicated in this step, then click "Next".
The credit card’s associated address should be stated next. Try not to err a single character, since you’ll need to enter it exactly as it is, otherwise the card won’t be admitted. Then press "Add card".
Click "Continue" once you see your card has been successfully added to your user profile as a new method of payment.
The system will now show you the details of the order you are creating. The amount you are paying in the currency you’ve picked, and the BitDiamond (BTDMD) you will get.
Another detail of relevance in this overview is the amount you’ll be charged as a commision for making the transaction.
You have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The system will now reroute you to the bank issuing the credit card. Proceed exactly as you do when making a payment with your credit card on the bank website.
You can take a look at your Binance e-wallet (called the «Spot Wallet») as soon as the banking process has been completed and you’ll see your recently purchased BitDiamond (BTDMD) already there
Learn how to buy BitDiamond (BTDMD) with Binance P2P
That is a transaction made «Person To Person», i.e.: trading BitDiamond (BTDMD)
with another Binance subscriber. Method of payment is the first setting you should define.
Next, all the relevant details of the operation will be presented: the sum you’ll pay and the corresponding currency, and of course, the cryptos you will receive.
Certainly, Binance will take a certain percentage as a commission for supporting the purchase, and it will appear in that summary as well.
Within the next 60 seconds press "Confirm", from then on the order will expire automatically.
The following step must be done on the credit card bank platform. Then you would complete a normal on-line payment using your credit card.
You can take a look at your Binance e-wallet (called the «Spot Wallet») as soon as the banking procedure has been finished and you’ll find your recently bought BitDiamond (BTDMD) already there
Buy BitDiamond (BTDMD) through Binance P2P
An optional way to buy crypto is to exchange it
with another person. You should specify which payment method you want to apply first.
- Login to the "Security" section of your account.
- Click on "Payment" from the menu on the left.
- After choosing "Add a Payment Method" the Binance platform will guide you through the rest of the process.
Once you finished configuring the new payment method to your profile, move to the "Buy Crypto" menu (top part of the screen), select the "Trading P2P" button, and follow the directions below:
- Press the "Buy" option located on the top bar of the "P2P Account" tab
- All the BitDiamond (BTDMD) available for buying through P2P operations will be displayed in this menu, so you will be able to select the one you want. As for this example, we use «USDT».It is important to note that once you buy one of these cryptocurrencies in P2P trading, you’ll be able to exchange it for any of the currencies valid in the Binance platform.
- Select the local currency you want to use from the drop-down menu under the "Fiat" column, for instance, «VES».
- Use the "Amount" box to type the amount in VES you’d like to invest to buy BitDiamond (BTDMD).
- You will be able to see a register of traders’ offers as soon as you have defined the payment method.
- Select a trader from the displayed list. We advise that you choose one that is verified and has a high completed sales rate.
- Next select "Buy USDT"
- Enter the amount in VES you want to invest
- Select "Buy USDT" again
- A buying order has been created 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 pay, otherwise the order will be shut down by the platform (and that’s bad for your reputation as a buyer). Once you paid, click on "Transferred, Next", then press "Confirm".
How to transfer your BitDiamond (BTDMD) to the Spot Wallet
When you have completed a payment to the trader, they will release the BitDiamond (BTDMD), by confirming payment reception.
The default place where BitDiamond (BTDMD) are deposited is your account wallet.
Nonetheless, you need to move them to your Spot Wallet in order for you to get any other crypto.
You can do this immediately right after the buying order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to follow this step right after the purchase, there’s nothing to worry about: you’ll be able to do it at any moment.
How you can transfer your BitDiamond (BTDMD) to the Spot Wallet
After you have completed a payment to the seller, they may release the BitDiamond (BTDMD), by confirming payment reception.
So, they will immediately be added to your wallet balance.
However, in case you want to buy any other BitDiamond (BTDMD), you need to send them to your Spot Wallet.
To accomplish this, you only need to press "Transfer to Spot Wallet" once the buying order is completed.
This BitDiamond (BTDMD) internal transfer can be done whenever you need.
- Drop the "Wallet" list down and select the "Wallet Funds" button.
- Locate the "Transfer" button at the top right and click on it.
- Configure the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- Select the currency in which you have funds, in the example in this article we use «USDT»
- Input the amount you are about to transfer for the Exchange and press "Confirm".
That’s it! Now you will have funds in the Spot Wallet so you will be able to buy any of the numerous BitDiamond (BTDMD) that the Binance platform has.
Buy any crypto from the Binance platform just following the instructions detailed below:
- Select the "Trading" menu in the top panel.
- Press "Convert" from the list.
- Fill in the box the amount of «USDT» you want to spend.
- Now mark the cryptocurrency you’re about to purchase.
- Choose "Preview conversion".
- Confirm the transaction and that’s it. You will have the amount of the selected crypto in your Spot Wallet.
That’s it! This way you will have money in the Spot Wallet and you will be able to trade any of the several of BitDiamond (BTDMD) within the Binance platform.
Buy any cryptocurrency from the Binance platform just following the steps detailed next:
- Find the "Trading" menu in the upper section.
- From that list select the "Convert" alternative.
- Input the sum of «USDT» you want to invest.
- Now mark the cryptocurrency you’re interested in.
- Click on "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
You’ve already learned how easy is to start trading BitDiamond (BTDMD) on Binance.
So, no time to waste, make a worthwhile business in this crypto platform.