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You can find a lot of trading platforms on the ’net nowadays, but undoubtedly Binance is among the most popular and reputed.
However, if you need to get started trading on it, the first thing you should do is to learn how to purchase CloakCoin (CLOAK).
Prior to getting into the exciting world of crypto within the Binance platform, you must know the following.
There’s only way to begin operating on the Binance platform: opening an account in it.
Easy registration: just follow the instructions below.
Search for the "Register" option in the Binance homepage and press on it to begin the registration process.
Press here to go straight to the Binance platform.
In the Binance main page you’ll find a button named "Register with a phone or email". Click on it.
iOS devices can be used as well.
For the purpose of this post, the email address subscription process will be described.
Check the inbox at the e-mail address you used for subscription and search the activation code exclusive of your account. Type it in the corresponding line and click on "Send"
Finally, your Binance account has been activated.
Take a time to become familiar with the different areas of the Binance platform by navigating through them.
This way you mayit is possible to start trading CloakCoin (CLOAK) easily.
The identity verification is a required step you have to complete to gain access to all those options.
Warning: No CloakCoin (CLOAK) trading will be permitted if you ignore this security measure.
But no need to worry, see the next paragraphs to learn how to do it.
Read the following instructions and become a certified subscriber:
Pick "Security" from the drop-down list under the user profile area
Or just look for the "Verify" button on the top of the screen
Look for the option "Identification" on the left part of the navigator window.
Choose your Country of Residence.
Here you’ll will immediately see 3 verification levels:
Press the "Start now" button below the "Verified" label, since this is the beginning level.
Then it displays a pop-up window in which you must enter the following data:
Next, you’ll have to to use a legal document to support your identity.
ID card, passport or even a license are all valid documents to fulfill this condition.
In the next step, you will have to take a selfie, following the application’s guidelines.
After you have completed the platform’s instructions, you will have to wait a short time for the confirmation to be applied to your account.
As soon as your profile has been accepted, Binance is going to send you an e-mail, just be patient.
Congratulations! As soon as you’ve received the confirmation you’re officially authorized to trade CloakCoin (CLOAK). The following guidelines will be helpful.
In this segment you’ll learn how easy is to buy a CloakCoin (CLOAK).
The next step is to support your identity with a legal document.
passport, ID card or even a driver’s license are all valid documents to fulfill this requirement.
Follow the system instructions to take a selfie.
Now you’ll have to wait for a short period while an account confirmation process takes place.
Now you must wait until your application has been approved. Be patient, Binance is going to let you know via email.
The following instructions will guide you through the CloakCoin (CLOAK) buying process. As soon as you’ve got the confirmation email, you’ve become a Binance licensed CloakCoin (CLOAK) trader.
The first thing is to figure out how to buy a CloakCoin (CLOAK).
Some steps may have alternative paths
Look for the "Buy cryptos" menu on the Binance homepage to know which alternatives you have when making a purchase.
Obviously, you’ll only be able to do this after you’ve logged in
Hovering your mouse pointer over this option will display a list of alternatives for making your purchase.
It is time to support your identity using a legal document.
You can do this with your ID card, passport, or license.
Now the platform will ask you to take a selfie under certain conditions.
When you have fulfilled the system’s guidelines, you’ll have to wait a short time for the verification to be applied to your account.
So, wait patiently, Binance will let you know via email when your profile has been approved.
After that, it’s time to get CloakCoin (CLOAK), to do so see the instructions below.
First you need to discover how to invest your money in CloakCoin (CLOAK).
Take into account that you may find different options for this process
Browse through the "Buy cryptos" menu on the Binance homepage to find out which options can be found when buying.
Obviously, you’ll only be able to do this if you’re logged in
Find all the different buying options just by hovering your mouse over this button.
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
Continue reading for detailed guidelines:
Now you should pick the currency you want to buy with and specify how much you are going to invest.
Next, choose the CloakCoin (CLOAK) you are going to get
The quantity of CloakCoin (CLOAK) you will get will depend upon the amount of USD you have previously stated. The Binance system will automatically display it.
Next, just adhere to the following instructions:
Now you should choose the currency you wish to buy with and indicate the amount you want to invest.
In the second field you must select the CloakCoin (CLOAK) you wish to get
After you do so, the system will immediately show you the number of CloakCoin (CLOAK) you’ll receive, considering the amount of USD you’ve recently specified.
Next click "Continue".
Now it’s time to specify the method of payment you’ll use. To pay with your credit card, select in the "Visa/Mastercard" box the option "Add card".
Then the system will ask you to type your credit card numbers.
In this step you must indicate the address associated to the credit card. Type it exactly as it is, then press "Add card".
Click "Continue" once you see your card has been successfully included in your account as a new payment method.
The system will now display the details of the order you are creating. The amount your card will be charged in the currency you’ve chosen, and the CloakCoin (CLOAK) you will get.
Another important detail in this summary is the percentage you’ll be charged as a commision for making the transaction.
You have 60 seconds to click on "Confirm", otherwise the order will be automatically canceled.
After this, you’ll be sent to the banking platform the credit card has been issued by. Follow the steps in the same way you would make a payment with your card.
When the banking procedure is complete, you are already in possession of the purchased CloakCoin (CLOAK) in your Binance e-wallet (referred to as the «Spot Wallet»)
Next, all the important details of the transaction will be presented: the sum to be charged on your credit card and the corresponding currency, and of course, the cryptos you will receive.
Another detail of relevance in this quick view is the percentage Binance will charge you as a commision for making the transaction.
Now you have to certify the order clicking on the "Confirm" button within the next minute, or it will be automatically aborted.
Next, you’ll be redirected towards the site of the credit card issuing bank. Follow the instructions in the same way you would normally generate a payment with your credit card.
Your recently purchased CloakCoin (CLOAK) will be available in your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking procedure has been finished
Once you have configured the new method of payment to your account, move to the "Buy Crypto" menu (upper bar of the navigator), find the "Trading P2P" button, and follow the directions below:
Cryptocurrencies will be released by the seller as soon as money reception validation has been done.
So, they will instantly be added to your wallet balance.
Nonetheless, you will need to send them to your Spot Wallet in case you want to get any other cryptocurrency.
That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the buying order is completed.
This CloakCoin (CLOAK) internal movement can be performed whenever you need.
The seller, upon confirming money reception, will automatically release the CloakCoin (CLOAK).
The place where CloakCoin (CLOAK) are transferred to is your account wallet.
NB: you will need to transfer them to your Spot Wallet in case you want to buy another cryptocurrency.
You can move them immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
If you didn’t follow this step, don’t get worried, you can do it at any other time.
That’s it! Now you will have funds in the Spot Wallet and you will be able to buy any of the numerous CloakCoin (CLOAK) that the Binance platform has.
To buy CloakCoin (CLOAK) from Binance all you have to do is described below:
With these funds already in your Spot Wallet, don’t fear to purchase any cryptocurrency you think will yield the highest profit.
Buy any cryptocurrency from Binance just following the steps detailed below:
Based on the above mentioned information, you are now ready to start out trading on Binance.
Don’t wait any further and start generating an extra income.
In case you want to make money via cryptocurrencies, you must discover how to utilize the Kucoin platform. This exchange is providing great benefits to any or all its users, and it is making a lot more progress in all its operations.
If you wish to learn very easily how to buy a CloakCoin (CLOAK) in Kucoin, you will need to read this post.
After you’ve created your account into the Kucoin platform and met the safety requirements, you need to deposit your cash. This method is fairly simple, good news is that you have several alternatives to do so.
One of them is to click to the «Balance» or «Assets» section at the top right of the display and look for the "Deposit" link. And then, choose the CloakCoin (CLOAK) you would want to put into your account to buy new cryptos, for instance, USDT.
Following this, you will have to pick the network you will utilize for making the operation. We strongly recommend Tron (TRC20) since it requires the lowest commissions.
Next is the the address you should insert in the «Exchange» where you currently have the USDT you want to send to Kucoin. When you have already done this, you will obtain the funds in the main account in a matter of seconds.
If that seems not to be not working in your country, you could attempt transferring funds to your account via P2P trading. This kind of transaction means that you make a traditional bank transfer to one of the listed traders to obtain any of the genuine cryptos.
Now that you get the funds in your account, it’s time to learn how to navigate through the Kucoin website.
Before buying a CloakCoin (CLOAK) on Kucoin you have to send the money you’ve just purchased to the trading account. To get this done you have to go to the "Balance" menu, click on the main account, enter your cryptocurrencies then choose «Transfer». This last option can be situated on the same line than the currency you are going to use to complete the purchase.
If that is not working in the country you’re currently living, you should attempt moving funds to your account through P2P trading. This kind of deal implies that you make a conventional bank transfer to one of the documented traders to receive any of the official cryptos.
When you get the money in your account, it’s time to start navigating the Kucoin platform.
Purchasing a CloakCoin (CLOAK) on Kucoin you must transfer the money you have just purchased to the trading account. To accomplish this you need to click on the "Balance" menu, click the main account, enter your cryptocurrencies and then choose "Transfer". This last option can be found on the same line than the currency you’ll use to complete the purchase.
Next, you will be sent to a window to choose where you want to send the funds. You have to take from the "Main Account" to the «Trading Account», and indicate the currency and the quantity you want to send to trade. Then click on "Confirm".
Now that you got the money already credited within your account, you can purchase your crypto and begin trading.
Next we will describe how to purchase CloakCoin (CLOAK) in diverse methods. To begin, you must go to the «Trade» menu and select «Spot trading» (Spot Market). Next enter the term CloakCoin (CLOAK) in the search box at the top corner of the web page.
The system will show you the crypto pairs you are able to trade with.
In other words, you‘ll only be capable to buy CloakCoin (CLOAK) just with the crypto pairs it shows you.
Just for this case, you’re allowed do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT because we’ve got funds in this set. When we do it, it automatically loads the crypto chart and the order book with the buy and sell procedures.
For being able to do the transaction, you need to enter the corresponding password.
At the bottom on the right-hand side, it displays us the financial markets to trade crypto, immediately enabling the «Spot». There we have 3 options to buy CloakCoin (CLOAK). The options are as follows:
You can also set the order activation yet process it at the ideal market price. You do this by choosing "Stop Market", and typing in "Stop Price" the sum you wish the CloakCoin (CLOAK) to get to trigger the order and the amount of USDT to spend. By clicking on Buy CloakCoin (CLOAK), your purchase will be processed at the market rate when it is the identical to the stop price you have previously typed.
With any of these alternatives, you’ve already got the CloakCoin (CLOAK) tokens you have bought available in your trading account. From now on you may make transactions with that or you may want to buy other cryptos. Remember that with CloakCoin (CLOAK) you will only be capable of get the cryptos available in their pairs. Usually, you will need to trade the CloakCoin (CLOAK) for a crypto that is usually available in the CloakCoin (CLOAK) pairs, such as BTC, USDT, and BNB, and after that you could buy the one that you actually expect.
Now you can start buying a CloakCoin (CLOAK) at the Kucoin platform.