How to buy Data Transaction Token (XD) on Binance
No doubt one of the world’s top-notch trading platforms today is Binance.
But if you wish to start operating on it, the first thing you must do is to figure out how to get Data Transaction Token (XD).
Prior to entering the wonderful realm of crypto on the Binance platform, you need to know the following.
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Figure out how to register on Binance
To be able to buy Data Transaction Token (XD) on Binance, the vital thing you have to know is how to subscribe.
Simply follow each one of the steps listed below.
On the Binance main page you have to locate the "Register" option and click on it.
Go directly to Binance by clicking here.
In the Binance homepage you’ll find a button with the label "Register with a phone or email". Press it.
The Binance platform is totally compatible with iOS devices as well.
In this post we’ll will show you the registration process using an email address.
- First, pick the country from the drop-down list according to your place of residence.
- The next step is picking a safety password. This is quite relevant since it’s all about your money, so you need to invent a really robust one
- Mark if you want to receive information and news directly from Binance in your inbox. Accept the "Terms of Service" and click on "Create Account"
Binance will immediately send a one-time-only activation keycode (remember: this is NOT the password you’ve created) that you’ll enter it in the corresponding box, then press "Send"
And that’s all! You are now signed up with Binance.
You can now enter the Binance platform and get to know all the options it offers.
You’ll immediately notice how easy is to begin operating with Data Transaction Token (XD).
To have access to these options, the first thing you need to do is fulfill the ID checking.
It is very important to note that until you complete this safety measure, you’ll not be authorized to start operating with Data Transaction Token (XD).
No big deal, though. Continue reading through the next section to complete that step.
Verify your Binance account to get started on trading
See the following instructions and become an authorized user:
On the main screen, hover the mouse on the user profile option and a list will immediately drop down where you will have to click on "Security"
Another option is to move to the top of the screen and press the "Verify" button
Look for the option "Identification" on the left part of the navigator window.
Here you’ll need to pick your country of residence.
Next you’ll will immediately find 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Begin by selecting "Start now" located by the "Verified" level.
A pop-up window will be displayed, and there you’re going to enter your personal information: Nationality, first name and last name, middle name and date of birth. Besides, make sure you provide the exact address of your residence
Next, you’ll have to to show a legal document to corroborate your identity.
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 requirements, the Binance system will execute a confirmation process on your account.
Now you must wait until your request has been accepted. Be patient, Binance will let you know via email.
Upon receiving that e-mail it’s time to buy Data Transaction Token (XD), to do so follow the instructions below.
Purchasing Data Transaction Token (XD) on Binance
Beginning your Data Transaction Token (XD) trading adventure has never been so easy, right?.
First you need to know how to invest your money in Data Transaction Token (XD).
The next step is to sustain your identity using a legal document.
You can do this with your passport, ID card, or driver’s license.
Now, you will be asked to take a selfie, according to the platform’s requirements.
Once you have fulfilled the system’s guidelines, you’ll have to wait a short while for the verification to be applied to your account.
Once your application has been accepted, you will be informed via e-mail, just be patient.
Congrats! As soon as you’ve received the confirmation you’re officially licensed to trade Data Transaction Token (XD). The following instructions will be helpful.
Purchasing Data Transaction Token (XD) on Binance
Now that you are subscribed to the Binance platform and got your account validated, you’re OK to begin trading.
In this section you’ll realize how easy is to convert cash into Data Transaction Token (XD).
Some steps may have alternative paths
The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.
You have to, of course, make this happen after you’ve logged into your account
Placing your mouse pointer over this key will display a list of alternatives to make your purchase.
At this point, the Binance platform will ask you to use a legal document for identity corroboration.
You can do this with your ID card, passport, or license.
Now, you will be asked to take a selfie, following the platform’s guidance.
Once those requisites have been fulfilled, the Binance platform will perform a verification process on your account.
All you have to do is be patient, Binance will send you an e-mail once your request has been accepted.
The following instructions will guide you through the Data Transaction Token (XD) purchasing process. As soon as you’ve got the confirmation email, you’re a Binance authorized Data Transaction Token (XD) trader.
Learn to purchase Data Transaction Token (XD) on Binance
OK, account validated was all you needed to begin purchasing Data Transaction Token (XD) right now.
Learning how to buy a Data Transaction Token (XD) is not that hard.
You may find different alternatives throughout the process
To find out which options can be found when making a purchase, see the "Buy cryptos" menu on the Binance main page.
You have to, of course, do this after you’ve signed into your account
Placing your mouse pointer over this button will show a list of alternatives for making your purchase.
Did you know you can use your debit or credit card to buy cryptos?
What you will do to buy the Data Transaction Token (XD) of your choice using a credit card, is to pick this method from the drop-down menu labeled "Buy Cryptos".
Read on for detailed guidelines:
Currency to be used and amount of the investment must be indicated in the next box.
The the Data Transaction Token (XD) you intend to get must be indicated in the second field
The quantity of Data Transaction Token (XD) you’ll be given will depend upon the amount of USD you have just invested. The Binance platform will immediately show it to you.
After that, just follow the following guidelines:
In the next box, choose the currency you’d like to buy with and enter the amount you are going to invest.
The the Data Transaction Token (XD) you intend to purchase must be indicated in the second field
After you do so, the platform will automatically display the number of Data Transaction Token (XD) you will get, considering the amount of USD you’ve previously indicated.
Click "Continue".
In case you’re going to pay with your credit card, go to the "Visa/Mastercard" box and press the "Add card" button.
Card numbers must be indicated in this step, then press "Next".
Now specify the physical address details of the CC. Following this, select "Add card".
Press "Continue" once you see your card has been successfully included in your account as a new method of payment.
Next, you’ll see an overview of the transaction about to be completed. That includes the amount your card will be charged, the chosen currency and the amount of Data Transaction Token (XD) you will be credited.
Another important detail in this snapshot is the percentage Binance will charge you as a commision for making the operation.
Within the next 60 seconds press "Confirm", there after the order will be automatically canceled.
Next, you’ll be redirected to the site of the credit card issuing bank. Then you would complete a standard online payment with your credit card.
You may check your Binance digital wallet (referred to as the «Spot Wallet») after the banking procedure is complete and you’ll find your recently purchased Data Transaction Token (XD) already credited
Buy Data Transaction Token (XD) via Binance P2P
You could buy Data Transaction Token (XD) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance user as well. To accomplish this, the first step is to define the payment method you would want to make use of.
The platform will now show you the synthesis of the order you are generating. The sum your card will be charged with the currency you have selected, and the Data Transaction Token (XD) you will receive.
It will also state the commission will be charged for the purchase.
Now you must acknowledge the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically aborted.
The Binance system will now reroute you to the credit card issuing bank. Follow the guidelines in the same way you would pay with your card.
Once the banking procedure is complete, you are already in possession of the purchased Data Transaction Token (XD) in your Binance digital wallet (referred to as the «Spot Wallet»)
Know how to buy Data Transaction Token (XD) via Binance P2P
A different way to buy crypto is to exchange it
with another person. To do this, the first step is to indicate the payment method you would want to use.
- Click on "Security" in your profile.
- In the menu on the left-hand side select "Payment".
- After Selecting "Add a Payment Method" the platform will guide you through the rest of the process.
Once you have configured the new payment method to your account, go to the "Buy Crypto" menu (top bar of the navigator), select the "Trading P2P" option, and follow the instructions below:
- On the top bar of the "P2P Account" menu, choose "Buy"
- Here you can select the Data Transaction Token (XD) you’re interested in, among all those available for purchase via P2P trading. We will use «USDT» in this guide.It is important to note that once you buy one of these cryptocurrencies via P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Choose the local currency you want to use from the drop-down list under the "Fiat" column, for instance, «VES».
- In the "Amount" box, indicate the sum in VES you wish to buy with.
- Define the method of payment and wait for the platform to display all of the dealers that are offering Data Transaction Token (XD).
- Locate a seller from the displayed list. We recommend that you choose a verified one with a high percentage of sales completed.
- Select "Buy USDT"
- In this step, the amount you want to invest in VES must be input
- Press "Buy USDT" again
- That will open an order where you will have contact with the trader. Pay within the established time and click on "Transferred, Next", then press "Confirm".
Ways to transfer your Data Transaction Token (XD) to the Spot Wallet
The seller, upon confirming money reception, will automatically release the Data Transaction Token (XD).
You may see your wallet account balance to confirm reception.
Note that you must send them to your Spot Wallet in order for you to get another cryptocurrency.
To get this done, you only need to click on "Transfer to Spot Wallet" once the buying order has been completed.
This Data Transaction Token (XD) internal transfer can be done whenever you need.
How to transfer your Data Transaction Token (XD) to the Spot Wallet
The trader, upon validating money reception, will instantly release the Data Transaction Token (XD).
The place where Data Transaction Token (XD) are added to is your Binance wallet.
However, in order for you to get any other Data Transaction Token (XD), you must 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.
If you didn’t do this, don’t be concerned, you can do it at any other time.
- Place the mouse pointer over "Wallet" and select "Wallet Funds" from the drop-down menu.
- Locate the "Transfer" button at the top right and press it.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: "Funds"
- To: "Fiat and Spot"
- Select the currency in which you have funds, in the example in this article we use «USDT»
- Set the cryptos you are moving to the spot walet and click "Confirm".
That’s it! This way you will have money in the Spot Wallet so you will be able to trade any of the numerous Data Transaction Token (XD) that the Binance platform has.
Find out how simple is to purchase any cryptocurrency from Binance:
- Pick the "Trading" menu in the top section.
- From the listing choose the "Convert" alternative.
- Indicate the amount of «USDT» you would like to spend.
- Select the cryptocurrency you would like to get.
- Select "Preview conversion".
- Validate the operation and that’s it. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
That’s it! This way you will have funds in the Spot Wallet so you will be able to trade any of the huge selection of Data Transaction Token (XD) that the Binance platform has.
Purchase any cryptocurrency from Binance just following the instructions detailed below:
- In the top panel, select the "Trading" option.
- Press "Convert" from the list.
- Indicate the sum of «USDT» you would like to invest.
- Now mark the crypto you’re about to get.
- Choose "Preview conversion".
- Confirm the operation and that’s all. You will have the amount of the chosen crypto in your Spot Wallet.
Based on this information, you are now ready to start trading on the Binance platform.
Don’t wait any further and begin earning some extra money.