How to buy CAKECRYPT (CAKECRYPT) on the Binance platform
You can find many trading platforms on the Internet nowadays, but clearly Binance is among the most popular and innovative.
Therefore, the first thing you should to do if you’d like to get started trading on it is to understand how to purchase CAKECRYPT (CAKECRYPT).
This post is intended to teach the reader on how to purchase CAKECRYPT (CAKECRYPT) on the Binance CAKECRYPT (CAKECRYPT) exchange.
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How to register on Binance
Subscribing to the Binance platform is the very first step you must accomplish.
Registering onto the platform is simple: see the following instructions.
On the Binance homepage you must locate the "Register" option and click on it.
Go directly to Binance by pressing here.
At this point click on the "Register with a phone or email" button.
The Binance platform is totally compatible with iOS mobile devices as well.
For the purpose of this article, the e-mail address subscription process will be explained.
- From the drop down list of countries, select the one you’re living in.
- Now the extremely important step: password. Create an alphanumeric word strange enough not to be simply deducted. Never use your name, birth date or things like that. Be well aware that it’s your cash what will have to be secured by that password
- Here you must accept "Terms of Service" and, if you want to get information, updates and news from Binance in your email address, click in the corresponding box
You should have received an e-mail sent to the address you’ve just used for creating your Binance account. In its text you’ll see an activation password you’ll need to will enter in that page. Then press "Send"
That’s it! You are now signed up with Binance.
Take a time to become familiar with the different options of the Binance platform by visiting them.
This way you canyou will be able to begin operating with CAKECRYPT (CAKECRYPT) without any trouble.
To get access to those options, you must fulfill the identity checking.
Important: No CAKECRYPT (CAKECRYPT) operation will be permitted if you skip this protection measure.
But no need to worry, continue reading the next section to learn how to do it.
Learn to verify your account and put hands on trading
To be an authorized customer you have to follow the next steps:
From the user profile menu, select "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Go to "Identification" on the left options list.
Here you should choose your country of residence.
Next you’ll will immediately find three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
Click on the "Start now" button under the "Verified" label, for this is the beginning level.
A pop-up window will appear, and there you will be required to enter your personal information: Nationality, first name and surname, middle name and birth date. Also, make sure you provide the exact address of your residence
It is time to verify your identity using a legal document.
passport, ID card or even a driver’s license are all valid documents to fulfill this formality.
Now the system will ask you to take a selfie following certain instructions.
Now you’ll have to wait for a short time while an account confirmation process is performed.
Now you have to wait until your request has been approved. Be patient, Binance will send you an email.
Congratulations! Once you’ve got the confirmation you’re officially enabled to buy CAKECRYPT (CAKECRYPT). See the guidelines that follow.
Buying CAKECRYPT (CAKECRYPT) on Binance
Now that you are registered on the Binance platform and have your account approved, you are OK to start trading.
Understanding how to invest your money in CAKECRYPT (CAKECRYPT) is actually quite easy.
It is time to support your identity using a legal document.
ID card, passport or even a license are all valid documents to complete this requirement.
Now the platform will require you to take a selfie under certain conditions.
Now you will have to wait for a short time while an account confirmation process takes place.
When your profile has been accepted, Binance is going to let you know via e-mail, just be patient.
The following instructions will guide you through the CAKECRYPT (CAKECRYPT) trading process. As soon as you’ve got the confirmation email, you are a Binance licensed CAKECRYPT (CAKECRYPT) trader.
How to purchase CAKECRYPT (CAKECRYPT) on Binance
Beginning your CAKECRYPT (CAKECRYPT) trading adventure has never been so simple, right?.
Take a time to discover how to invest your money in CAKECRYPT (CAKECRYPT).
You will probably find more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Obviously, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this button will show a list of alternatives to make your purchase.
Next, you’ll need to use a legal document to check your identity.
You can do this with your ID card, passport, or driver’s license.
Now the platform will ask you to take a selfie under certain conditions.
After completing all those steps, the Binance platform will perform a confirmation process on your account.
All you have to do is wait patiently, Binance is going to let you know via email when your profile has been accepted.
The following instructions will guide you through the CAKECRYPT (CAKECRYPT) purchasing process. As soon as you’ve got the confirmation email, you’re a Binance authorized CAKECRYPT (CAKECRYPT) trader.
Learn to purchase CAKECRYPT (CAKECRYPT) on Binance
Beginning your CAKECRYPT (CAKECRYPT) trading experience has never been so simple, right?.
In this section you’ll discover how simple is to invest your money in CAKECRYPT (CAKECRYPT).
Some steps might have alternative paths
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Needless to say you must log into your account to do this
Hover your mouse over this key and a list of buying alternatives will deploy.
Using your credit or debit card for buying cryptocurrencies
What you must do to purchase the CAKECRYPT (CAKECRYPT) of your choice using a credit card, should be to choose this option from the drop-down list labeled "Buy Cryptos".
Read on for further instructions:
Currency preferred and amount of the investment must be indicated here.
In the second field you should select the CAKECRYPT (CAKECRYPT) you wish to buy
Taking into account the amount of USD you’ve previously defined, the system will automatically show you the number of CAKECRYPT (CAKECRYPT) you will be given.
Keep on reading for detailed guidelines:
Now you should choose the currency you’d like to buy with and specify how much you want to invest.
Next, choose the CAKECRYPT (CAKECRYPT) you are going to purchase
When you do so, the system will immediately display the quantity of CAKECRYPT (CAKECRYPT) you will be given, taking into account the amount of USD you have recently stated.
Click on "Continue".
In case you are going to pay with a credit card, choose in the "Visa/Mastercard" box the button "Add card".
Then the system will prompt you to enter your credit card details.
Your credit card’s associated address should be specified next. Try not to err a single character, since you’ll need to enter it exactly as it is, otherwise your card won’t be approved. Then choose "Add card".
With this step, your credit card will be added to the valid methods of payment in your user profile. Click "Continue".
The next screen will display a summary of the transaction about to be completed. It includes the sum you will pay, the chosen currency and the amount of CAKECRYPT (CAKECRYPT) bought.
In fact, Binance will take a small amount as a commission for making the operation, and that will be shown in that snapshot as well.
Now you have to acknowledge the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically terminated.
The following step needs to be done on the credit card banking webpage. Follow the guidelines in the same way you would normally pay with your card.
When the banking process is complete, you are already in possession of the recently bought CAKECRYPT (CAKECRYPT) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy CAKECRYPT (CAKECRYPT) with Binance P2P
Another option you may use to purchase a cryptocurrency is to exchange it
with another trader. Method of payment is the first parameter you must define.
The platform will now display the details of the purchase order you are about to complete. The sum you are paying in the currency you have selected, and the CAKECRYPT (CAKECRYPT) you will receive.
Indeed, Binance will take a certain percentage as a commission for supporting the purchase, and it will appear in that summary also.
Now you have to certify the order pressing the "Confirm" button within the next minute, or it will be automatically canceled.
Next, you will be sent towards the banking platform the credit card has been issued by. Follow the instructions in the same way you would normally pay with your card.
Your recently purchased CAKECRYPT (CAKECRYPT) will be available in your Binance digital wallet (called the «Spot Wallet») when the banking process is complete
Know how to buy CAKECRYPT (CAKECRYPT) with Binance P2P
Another option you may use to buy crypto is to exchange it
with another person. Method of payment is the first setting you must indicate.
- Click on "Security" in your account.
- From the list on the left-hand side choose "Payment".
- Choose "Add a Payment Method" and the platform will guide you through the rest of the process.
After the new method of payment has been added to your account, locate the "Buy Crypto" menu on the top bar of the navigator, click the "Trading P2P" option and follow the guidelines described below:
- Locate the "Buy" button on the upper bar of the "P2P Account" tab and click it
- Here you can pick the CAKECRYPT (CAKECRYPT) you want, among all those available for buying via P2P trading. We will use «USDT» for this guide.Note that any CAKECRYPT (CAKECRYPT) bought through P2P trading is allowed to be exchanged by any of the currencies available on Binance.
- Locate the "Fiat" label on the top menu and deploy the drop-down list to find all available currencies. Let’s use «VES» in this example.
- In the "Amount" box, input the amount in VES you wish to buy with.
- You will see a list of traders offering cryptos as soon as you have selected the payment method.
- Select a trader from the list shown. We recommend that you choose a verified one with a high completed sales rate.
- Press "Buy USDT"
- Write the amount in VES you wish to invest
- Click on "Buy USDT" again
- That will open a buying order where you will be in touch with the trader. Make the payment within the time limit and click on "Transferred, Next" and then press "Confirm".
Ways to transfer your CAKECRYPT (CAKECRYPT) to the Spot Wallet
When you have completed a payment to the seller, they will be able to release the CAKECRYPT (CAKECRYPT), by confirming receipt of the payment.
So, they will automatically be deposited into your wallet.
Note that you will need to transfer them to your Spot Wallet in case you want to buy any other cryptocurrency.
To achieve this, you only need to click on "Transfer to Spot Wallet" right after the buying order is completed.
In case you didn’t follow this step, don’t get worried, you can move the cryptos at any other time.
How to transfer your CAKECRYPT (CAKECRYPT) to the Spot Wallet
After you have made a payment to the seller, they will be able to release the CAKECRYPT (CAKECRYPT), just by confirming invoice of the payment.
You may see your wallet Binance balance to confirm reception.
However, in order for you to get any other CAKECRYPT (CAKECRYPT), you will have to send them to your Spot Wallet.
To do this, you only need to press "Transfer to Spot Wallet" once the buying order has been completed.
Should you forget to do this right after buying the cryptos, no problem at all: you’ll be able to do it at any moment.
- Hover the mouse over "Wallet" and select "Wallet Funds" from the drop-down menu.
- The "Transfer" option is located on the upper right area of the navigator window. Click on it.
- A new window will pop-up, where you should configure the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Select the currency in which you have funds, in the example here we use «USDT»
- Input the cryptos you are sending to the spot walet and press "Confirm".
With these funds already in your Spot Wallet, don’t fear to purchase any crypto you believe could be worthwhile.
To buy CAKECRYPT (CAKECRYPT) from Binance what you just have to do is described below:
- Pick the "Trading" menu in the top panel.
- From that list choose the "Convert" alternative.
- Input the sum of «USDT» you want to invest.
- Now select the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Validate the transaction and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
That’s all! Now you will have money in the Spot Wallet and you will be able to trade any of the several of CAKECRYPT (CAKECRYPT) that the Binance platform has.
See how simple is to purchase any cryptocurrency from the Binance platform:
- Locate the "Trading" option in the top top panel.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you want to invest.
- Now select the crypto you’re interested in.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. Now you will have the funds of the selected crypto in your Spot Wallet.
This post have surely pictured you a wide overview of what Binance is and how you can trade CAKECRYPT (CAKECRYPT) on it.
Don’t wait any further and start generating an extra income.