How to buy Codex (CDEX) on Binance
Binance could be considered one of the world’s leading trading platforms.
However, if you wish to get started operating on it, the first thing you must do is to figure out how to get Codex (CDEX).
Before entering the amazing realm of cryptocurrency within the Binance platform, you must get acquainted with the following.
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Understand how to register on Binance
Registering on the Binance platform is the initial step you need to complete.
To do so, you will need to follow each one of the instructions below.
On the Binance main page you must locate the "Register" option and press it.
You have the direct access here.
In the Binance homepage you’ll see a button named "Register with a phone or email". Press it.
iOS tablets or smartphones can be used to do this as well.
In this article, we’ll will show you how to suscribe with an email.
- From the drop-down list of countries, select the one you’re living in.
- The next step is choosing a safety password. This is crucial since it’s all about your money, so you have to define a really strong one
- In this step you must accept "Terms of Service" and, if you would want to get information, updates and news from Binance in your email address, mark in the corresponding box
Binance will immediately send an activation code (NB: this is NOT the password you’ve created) that you’ll type it in the corresponding line, then click on "Send"
You’re now a Binance user!.
Take a time to become familiar with the different areas of the Binance platform by visiting them.
That’s the best way to know how practical the Binance platform is, and how fast you can start operating with Codex (CDEX).
The identity verification is a required step you must fulfill to gain access to all these options.
Please, take into account that it will be only after you have completed this security step that you’ll be allowed to begin operating with Codex (CDEX).
In the following section, you’ll be guided on how to do that. Hassle-free.
Verify your Binance account to get started trading
Read the following instructions and become a certified Binance trader:
From the user profile menu, choose "Security"
You can also click on the "Verify" button at the top of the screen
Look for the option "Identification" on the left part of the navigator window.
Now you should select your country of residence.
Next, the three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on your navigator window.
At this moment, you must choose "Verified", pressing the "Start now" button under it.
A new window will be shown, and there you’re going to give your personal information: Nationality, first name and surname, middle name and date of birth. Besides, make sure you enter the exact address of your residence
Next, you’ll need to provide a legal document to check your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidance to take a selfie.
Now you will have to wait for a short time while an account verification process is performed.
When your profile has been accepted, you will be informed via email, just be patient.
After that, it’s time to get Codex (CDEX), just follow the guidelines below.
Purchasing Codex (CDEX) on Binance
So, account confirmed was all you needed to begin buying Codex (CDEX) immediately.
Take a time to discover how to convert money into Codex (CDEX).
Here, the Binance platform will ask you to present a legal document for identity corroboration.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system instructions to take a selfie.
The final step will be carried out by the Binance platform: a corroboration process that will take only a short time.
Now wait patiently, Binance is going to send you an email when your request has been approved.
Upon receiving that email it’s time to buy Codex (CDEX), just see the guidelines below.
Buying Codex (CDEX) on Binance
OK, account verified was all you needed to begin buying Codex (CDEX) right now.
Take a time to know how to invest your money in Codex (CDEX).
Take into account that you have different alternatives for this process
Browse through the "Buy cryptos" menu on the Binance main page to find out which alternatives can be found when making a purchase.
Certainly, you’ll only be able to do this after you’ve logged in
Placing your mouse pointer over this option will display a list of alternatives to make the purchase.
The next step is to support your identity with a legal document.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
After fulfilling all those requisites, the Binance system will perform a verification process on your account.
Now wait patiently, Binance will let you know via email when your application has been accepted.
Congratulations! Once you’ve got the confirmation you’re officially enabled to operate with Codex (CDEX). See the guidelines that follow.
Buying Codex (CDEX) on Binance
Beginning your Codex (CDEX) trading career has never been so easy, right?.
The first step is to understand how to convert money into Codex (CDEX).
Some steps may have optional paths
See the "Buy cryptos" menu on the Binance main page to find out which options are available to you when buying.
Obviously, you’ll only be able to do this if you’re logged in
Placing your mouse pointer over this button will show a list of alternatives to make the purchase.
Did you know you could use your credit or debit card for buying Codex?
The first thing you must do to purchase the Codex (CDEX) you want using a credit card, should be to choose this option from the drop-down list labeled "Buy Cryptos".
Next, just carry out the following directions:
In the next box, pick the currency you’d like to use and specify the amount you want to invest.
In the next field you should pick the Codex (CDEX) you wish to buy
The number of Codex (CDEX) you’ll get will depend upon the amount of USD you’ve previously stated. The Binance platform will immediately display it.
Continue reading for detailed guidelines:
In the next box, select the currency you want to buy with and indicate how much you are going to invest.
The the Codex (CDEX) you’d like to purchase should be indicated in the second field
Considering the amount of USD you’ve just specified, the platform will automatically show you the number of Codex (CDEX) you will receive.
Click on "Continue".
To use your credit card as a payment method, pick in the "Visa/Mastercard" box the option "Add card".
Then the system will ask you to type your credit card data.
In this step you must enter the physical address details for the card. After this, select "Add card".
With this, your credit card will be added to the valid methods of payment in your account. Press "Continue".
Next, you’ll see an overview of the operation about to be completed. It includes the amount your card will be charged, the selected currency and the amount of Codex (CDEX) bought.
Another detail of relevance in this quick view is the amount Binance will charge you as a commision for making the operation.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The next step must be carried out on the credit card bank platform. Proceed exactly as you usually do when making a standard on-line credit card payment.
You may take a look at your Binance e-wallet (called the «Spot Wallet») when the banking procedure has been finished to see your recently purchased Codex (CDEX) already there
Know how to purchase Codex (CDEX) via Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging Codex (CDEX)
with another Binance trader. You should define which payment method you want to use first.
The platform will now display the synthesis of the order you are generating. The amount your card will be charged with the currency you’ve chosen, and the Codex (CDEX) you will be given.
Another important detail in this quick view is the sum Binance will charge you as a commision for making the operation.
In less than 1 minute press "Confirm", there after the order will be automatically aborted.
Next, you will be sent to the site of the bank issuing the credit card. There you would make a normal online payment with your credit card.
Your recently purchased Codex (CDEX) will be available in your Binance digital wallet (referred to as the «Spot Wallet») after the banking process is complete
Purchase Codex (CDEX) with Binance P2P
A different way to buy crypto is to trade it
with another user. To get this done, the first step is to define the payment method you would want to make use of.
- Login to the "Security" panel of your account.
- Click on "Payment" from the menu on the left.
- Click on "Add a Payment Method" and the system will guide you through the rest of the procedure.
Once the new payment method has been included in your profile, locate the "Buy Crypto" menu on the upper part of the display, click the "Trading P2P" button and follow the directions described below:
- Locate the "Buy" button on the top bar of the "P2P Account" tab and press it
- Here you can choose the Codex (CDEX) you’re interested in, among all those available for buying via P2P trading. We use «USDT» for this guide.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 foreign currencies that operate on the Binance platform.
- Choose the local currency you want to use from the drop-down menu under the "Fiat" label, for instance, «VES».
- Use the "Amount" box to enter the sum in VES you’re going to invest to purchase Codex (CDEX).
- Choose the method of payment and wait for the platform to show you all of the dealers’ ads.
- Locate a seller from the displayed list. We advise that you choose a verified one with a high completed sales rate.
- Press "Buy USDT"
- Type the amount in VES you wish to pay
- Press "Buy USDT" once again
- A buying order has been created and the trader and you will be able to contact each other for details, if needed. You have a time limit to make the payment, otherwise the order will be shut down by the platform (and that’s not good for your rating as a buyer). Once you paid, click on "Transferred, Next" and then press "Confirm".
Learn how to transfer your Codex (CDEX) to the Spot Wallet
After you have made a payment to the trader, they will be able to release the Codex (CDEX), by confirming invoice of the payment.
You may check your wallet account balance to confirm reception.
However, in order for you to buy another Codex (CDEX), you need to send them to your Spot Wallet.
You can do this immediately immediately after the buying order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t do this, don’t fear, you can move the cryptos later.
How to transfer your Codex (CDEX) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception acknowledge has been done.
So, they will automatically be added to your account balance.
Take into account that your Codex (CDEX) must be in your Spot Wallet in case you would want to purchase others, so you need to send them there before.
You can move them immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
This Codex (CDEX) internal movement can be performed anytime later.
- Place the mouse pointer over "Wallet" and select "Wallet Funds" from the drop-down list.
- Locate the "Transfer" option on the upper right area of the screen and press it.
- A new window will pop-up, where you must configure the options to:
- 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
- Type the amount you are transferring for the Exchange and press "Confirm".
All right! Now you have money available to trade any of the numerous Codex (CDEX) in the Binance platform.
To buy Codex (CDEX) from Binance what you just have to do is described below:
- In the upper section, loate the "Trading" option.
- Choose "Convert" from the list.
- Fill in the box the amount of «USDT» you want to spend.
- Now indicate the crypto you’re about to get.
- Select "Preview conversion".
- Validate the transaction and that’s it. You now will have the amount of the selected crypto in your Spot Wallet.
That’s all! This way you will have funds in the Spot Wallet so you will be able to buy any of the huge selection of Codex (CDEX) that the Binance platform has.
Buy any cryptocurrency from Binance just following the steps detailed below:
- Find the "Trading" option in the top panel.
- In the list select the "Convert" alternative.
- Fill in the box the sum of «USDT» you wish to spend.
- Choose the crypto you intend to get.
- Click on "Preview conversion".
- Validate the transaction and that’s it. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
Based upon this information, you are now ready to commence trading on the Binance platform.
So, no need to think twice, make a profitable business in this crypto platform.