Buying CanYaCoin (CAN) on Binance
There are many trading platforms on the ’net nowadays, but undoubtedly Binance is among the most popular and reputed.
Understanding how to trade with CanYaCoin (CAN) is essential if you’d like to get started on trading on that platform.
Prior to stepping into the exciting realm of cryptocurrency on the Binance platform, you need to know the following.
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How to register on Binance
Registering on the Binance platform is the initial step you need to do.
To do so, you have to follow each of the guidelines below.
Search for the "Register" option in the Binance main page and click on it to start the registration process.
Access directly to Binance by clicking here.
At this point press the "Register with a phone or email" button.
iOS devices can be used to do this as well.
For the purpose of this post, the email address registration process will be described.
- In the screen you’ll immediately see, pick your country of residence from the drop-down list.
- Now the extremely important part: password. Define a string of characters difficult enough not to be simply guessed. Don’t use your name, birth date or things like that. Be well aware that it’s your cash what will be protected by that password
- Choose whether you wish Binance to send news and information direct to your e-mail. Accept the "Terms of Service" and press "Create Account"
You surely have received an email in the address you’ve just used for registering on the Binance platform. In its text you’ll see an activation code you’ll need to will enter in that page. Then click on "Send"
That’s all! You are now and authorized subscriber of Binance.
It is a good idea to navigate through the different options of the Binance platform and become familiar with them.
You’ll discover how easy is to begin trading CanYaCoin (CAN).
Fulfill the mandatory ID verification to enable all those options.
It is very important to notice that unless you fulfill this protection measure, youwon’t be allowed to start operating with CanYaCoin (CAN).
No big deal, though. See the next paragraphs to complete that step.
Verify your account to start trading
Read the next instructions and become a certified user:
On the main page, place the mouse pointer on the user profile button and a list will immediately appear where you will have to press "Security"
Or simply look for the "Verify" button on the top of the screen
In the list displayed on the left-hand side of the screen, click on the "Identification" option.
Now you’ll have to pick your country of residence.
Now you’ll will see three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
Press the "Start now" button under the "Verified" label, for this will be your beginning level.
A pop-up window will appear, and there you’ll be required to give your personal information: Nationality, first name and surname, second name and date of birth. Also, make sure you provide the exact address of your residence
Now you’ll have to to use a legal document to support your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will be asked to take a selfie, according to the platform’s guidance.
The last step is on Binance’s side: a confirmation process that will take only a short time.
Now you must wait until your request has been approved. Be patient, Binance will let you know via e-mail.
Upon receiving that email it’s time to acquire CanYaCoin (CAN), just see the guidelines below.
How to buy CanYaCoin (CAN) on Binance
All right, account verified was all you needed to begin purchasing CanYaCoin (CAN) immediately.
The first step is to discover how to make a purchase of CanYaCoin (CAN).
Next, you’ll have to to provide a legal document to check your identity.
passport, ID card or even a driver’s license are all valid documents to complete this requirement.
Now the system will ask you to take a selfie following certain guidelines.
Once you have fulfilled the system’s instructions, you will have to wait a moment while your account is verified.
Now you must wait until your profile has been accepted. Be patient, the platform will let you know via email.
After that, it’s time to purchase CanYaCoin (CAN), to do so see the instructions below.
Buying CanYaCoin (CAN) on Binance
Beginning your CanYaCoin (CAN) trading adventure has never been so easy, right?.
Understanding how to invest your money in CanYaCoin (CAN) is actually quite easy.
Some processes would probably have alternative paths
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
You have to, of course, try this after you’ve logged into your account
Uncover all the different buying options just by hovering your mouse over this button.
Next, you’ll have to to show a legal document to check your identity.
You can do this with your passport, ID card, or license.
Follow the system guidelines to take a selfie.
The last step will be carried out by the Binance platform: a certification process that will take only a short time.
Now wait patiently, Binance is going to let you know via email when your request has been accepted.
Congratulations! Now you’re officially enabled to trade CanYaCoin (CAN). See the guidelines that follow.
Learn to buy CanYaCoin (CAN) on Binance
All right, account validated means you can begin purchasing CanYaCoin (CAN) right now.
Take a time to know how to make a purchase of CanYaCoin (CAN).
Be aware that you have more than one option for this process
See the "Buy cryptos" menu on the Binance main page to find out which options can be found when making a purchase.
You should, of course, do this after you’ve logged into your account
Uncover all the different buying options just by hovering your mouse over this button.
Did you know you could use your credit or debit card for buying CanYaCoin?
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Read on for detailed guidelines:
Currency preferred and amount of the investment should be indicated here.
In the second field you should select the CanYaCoin (CAN) you intend to buy
When you do so, the platform will automatically display the number of CanYaCoin (CAN) you are going to be given, according the amount of USD you have previously defined.
These directions will help you in the process:
Currency to be used and how much to invest should be indicated in the next box.
In the second field you must choose the CanYaCoin (CAN) you wish to purchase
The quantity of CanYaCoin (CAN) you’ll receive will depend upon the amount of USD you have recently defined. The Binance platform will immediately show it to you.
Next click "Continue".
Now you must specify your method of payment. To pay with a credit card, select in the "Visa/Mastercard" field the option "Add card".
Credit card numbers must be indicated in this step, then click "Next".
Now state the physical address details for the credit card. Following this, select "Add card".
Press "Continue" once you check your card has been successfully added to your account as a new method of payment.
The next screen will display a summary of the operation in its final stage. That includes the amount your card will be charged, the chosen currency and the quantity of CanYaCoin (CAN) bought.
Indeed, Binance will claim a certain percentage as a commission for making the operation, and it will appear in that summary as well.
You have 1 minute to press "Confirm", otherwise the order will automatically expire.
The Binance system will now redirect you to the credit card issuing bank. Follow the steps in the same way you would pay with your credit card.
You may take a look at your Binance e-wallet (called the «Spot Wallet») as soon as the banking procedure is complete and you’ll see your recently purchased CanYaCoin (CAN) already credited
Buy CanYaCoin (CAN) through Binance P2P
Another option you may use to purchase a cryptocurrency is to trade it
with another trader. To accomplish this, the first step is to specify which payment method you want to work with.
The next screen will display a quick view of the operation in its final stage. That includes the sum your card will be charged, the chosen currency and the amount of CanYaCoin (CAN) purchased.
Another detail of relevance in this quick view is the percentage you’ll be charged as a commision for making the operation.
You have 60 seconds to press "Confirm", otherwise the order will be automatically terminated.
The following step needs to be done on the credit card bank webpage. There you should make a normal online payment using your credit card.
After the banking procedure is complete, you are already in possession of the recently purchased CanYaCoin (CAN) in your Binance e-wallet (called the «Spot Wallet»)
Purchase CanYaCoin (CAN) through Binance P2P
A different way to buy a cryptocurrency is to trade it
with another user. Payment method is the first setting you will define.
- Select "Security" in your account.
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and select it.
- Once the "Add a Payment Method" button is pressed the system will guide you through the rest of the process.
Now that the new method of payment has been added to your account, go to the upper bar of the navigator and pass over "Buy Crypto" to drop-down the menu and press "Trading P2P". Then see the following steps:
- Press the "Buy" button on the upper bar of the "P2P Account" tab
- All the CanYaCoin (CAN) available for purchase through P2P trading will be shown in this list, so you will be able to choose the one you want. As for this example, we will present «USDT».Buying any crypto through P2P trading allows the user to exchange it on the Binance platform for any of the currencies available.
- Now you should choose the local currency you want to use, for instance, «VES». To do this, drop down the list under the "Fiat" column.
- Use the "Amount" box to enter the sum in VES you’d like to use to buy CanYaCoin (CAN).
- You will be able to see a list of dealers’ ads as soon as you define the payment method.
- Any of the sellers shown in the list can be selected, although it is recommendable to choose a verified one (with the blue diamond badge), and better, a high-volume seller (golden star marking).
- Press "Buy USDT"
- Now the amount you would want to pay in VES must be entered
- Click on "Buy USDT" once again
- A buying order has been created and the trader and you will be able to contact each other for further details, in case you need it. You have a limited time to complete, if you fail doing so the order will be canceled by the platform (and that’s not good for your reputation as a buyer). Once you paid, click on "Transferred, Next" and then press "Confirm".
Tips on how to transfer your CanYaCoin (CAN) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception validation has been done.
The place where CanYaCoin (CAN) are added to is your account wallet.
Take into account that your CanYaCoin (CAN) must be in your Spot Wallet in order for you to buy others, so you will need to send them there before.
To achieve this, you only need to click on "Transfer to Spot Wallet" immediately after the buying order has been completed.
In the event you didn’t do this, don’t be anxious, you can move the cryptos later.
How you can transfer your CanYaCoin (CAN) to the Spot Wallet
When you have made a payment to the seller, they are going to release the CanYaCoin (CAN), by confirming payment reception.
The place where CanYaCoin (CAN) are added to is your account wallet.
Take into account that your CanYaCoin (CAN) must be in your Spot Wallet in case you want to purchase others, so you will have to move them there before.
You can do this immediately immediately after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after buying the cryptos, no problem at all: you’ll be able to do it later.
- Hover the mouse on "Wallet" and select "Wallet Funds" from the drop-down list.
- Then click on the "Transfer" option at the top right.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: Funds
- To: Fiat and Spot
- For The purpose of this article, we use «USDT» as an example, but you’ll obviously choose the currency you have
- Input the amount you are moving for the Exchange and click "Confirm".
Perfect! Now you have money available to buy any of the several CanYaCoin (CAN) in the Binance platform.
Discover how simple is to purchase any crypto from the Binance platform:
- Find the "Trading" menu in the top top section.
- In the list choose the "Convert" option.
- Indicate the amount of «USDT» you want to invest.
- Now indicate the cryptocurrency you’re about to get.
- Choose "Preview conversion".
- Confirm the transaction and that’s it. You will have the funds of the selected cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from trading any cryptocurrency you believe could yield the greatest profit.
Purchase any cryptocurrency from Binance just following the steps detailed below:
- Locate the "Trading" option in the top upper panel.
- Pick "Convert" from the list.
- Input the amount of «USDT» you want to spend.
- Choose the crypto you would like to buy.
- Press "Preview conversion".
- Validate the operation and that’s it. You now will have the amount of the selected crypto in your Spot Wallet.
You’ve already seen how simple is to start doing business with CanYaCoin (CAN) on Binance.
So, no need to think twice, make a fruitful business within the Binance platform.