Buying Davinci Coin (DAC) on the Binance platform
Undoubtedly one of the leading trading platforms in the world nowadays is Binance.
Understanding how to purchase Davinci Coin (DAC) is vital in case you need to start out operating on that platform.
Keep on reading this post and you will see everything you need to know about buying crypto on Binance.
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Figure out how to register on Binance
To be able to buy Davinci Coin (DAC) on Binance, the vital thing you must know is definitely how to open your account.
Simply follow each of the steps below.
Search for the "Register" option in the Binance homepage and click on it to begin the registration process.
You have the direct link here.
Locate the "Register with a phone or email" button in the main page and click on it.
You can also do this using your Apple mobile.
For the purpose of this guide, the email address registration process will be explained.
- In the screen that is displayed, choose your country of residence from the drop-down list.
- Next, type your e-mail address and a keycode. Be well aware that you are going to trade money, you must give importance to the password you select
- Now you must accept "Terms of Service" and, if you wish to receive information, updates and news from Binance in your e-mail address, mark in the corresponding box
You surely have received an e-mail in the address you’ve just used for creating your Binance account. In its text you’ll find a one-time-only activation keycode you will enter in the corresponding box. Then click on "Send"
You’re now a Binance user!.
It is a good idea to visit the different options of the Binance platform and become familiar with them.
You’ll discover how simple is to start operating with Davinci Coin (DAC).
Complete the mandatory ID verification to enable all these options.
It is very important to notice that unless you fulfill this security step, youwon’t be able to begin trading Davinci Coin (DAC).
In the following paragraphs, you’ll learn how to do that. Hassle-free.
Verify your account to get started trading
To become a certified end user you must complete the next steps:
Click on "Security" from the drop-down list under the user profile area
Or simply look for the "Verify" button on the upper part of the screen
Look for the option "Identification" on the left part of the screen.
Here you must pick your country of residence.
Now, the three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on your navigator window.
Click on the "Start now" button below the "Verified" label, since this is the beginning level.
A new window will be displayed, and there you’re going to give your personal information: Nationality, first name and surname, middle name and date of birth. Also, make sure you type the exact address of your residence
Next, you’ll have to to show a legal document to verify your identity.
passport, ID card or even a license are all valid documents to complete this requirement.
In the next stage, you will be asked to take a selfie, according to the platform’s requirements.
After you have completed the platform’s instructions, you’ll have to wait a short time while your account is verified.
When your request has been accepted, you’ll be notified via e-mail, just be patient.
The following instructions will guide you through the Davinci Coin (DAC) trading process. As soon as you’ve got the confirmation email, you are a Binance licensed Davinci Coin (DAC) trader.
How to buy Davinci Coin (DAC) on Binance
All right, account validated means you can begin buying Davinci Coin (DAC) immediately.
Learning how to convert cash into Davinci Coin (DAC) is not so difficult.
It is time to check your identity using a legal document.
ID card, passport or even a license will be enough to complete this requirement.
In the next stage, you will be asked to take a selfie, following the platform’s requirements.
The last step will be carried out by the Binance system: a certification process that will just take a while.
So, be patient, Binance is going to let you know via e-mail when your profile has been accepted.
The following instructions will guide you through the Davinci Coin (DAC) trading process. As soon as you’ve received the confirmation e-mail, you are a Binance licensed Davinci Coin (DAC) trader.
Purchasing Davinci Coin (DAC) on Binance
All right, account approved was all you needed to begin purchasing Davinci Coin (DAC) immediately.
In this segment you’ll discover how simple is to make a purchase of Davinci Coin (DAC).
Be aware that you could have different alternatives for this process
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Certainly, you’ll only be able to do this after you’ve logged in
Find all the different buying options just by placing your mouse over this button.
It is time to support your identity using a legal document.
You can do this by using your passport, ID card, or license.
Now the platform will ask you to take a selfie following certain guidelines.
When you have fulfilled the system’s requisites, you will have to wait a short time for the verification to be performed on your account.
All you need to do is be patient, Binance is going to let you know via email when your application has been accepted.
The following instructions will guide you through the Davinci Coin (DAC) buying process. As soon as you’ve got the confirmation email, you’re a Binance licensed Davinci Coin (DAC) trader.
Purchasing Davinci Coin (DAC) on Binance
Beginning your Davinci Coin (DAC) trading career has never been so easy, right?.
Learning how to convert money into Davinci Coin (DAC) is actually quite easy.
You will probably have more than one option throughout the process
To know which alternatives can be found when making a purchase, look for the "Buy cryptos" menu on the Binance main page.
Needless to say you must be logged into your account to do this
Unveil all the different purchase options just by placing your mouse over this button.
Learn how to use your debit or credit card for buying cryptos
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
The following instructions will help you in the process:
Currency preferred and how much you’ll invest must be indicated in the next box.
Next, pick the Davinci Coin (DAC) you are going to get
After you do so, the system will automatically display the quantity of Davinci Coin (DAC) you will get, taking into account the amount of USD you have previously defined.
After that, just carry out the following instructions:
Now you must select the currency you want to use and specify how much you are going to invest.
The the Davinci Coin (DAC) you intend to get should be indicated in the second field
Depending on the amount of USD you have previously indicated, the system will immediately show you the quantity of Davinci Coin (DAC) you are going to get.
Click "Continue".
Now it’s time to define the method of payment you’ll use. To pay with a credit card, pick in the "Visa/Mastercard" field the button "Add card".
Then the platform will prompt you to type your credit card numbers.
In this step you must state the address associated to the card. Type it exactly as it is, then press "Add card".
Now that your card has been successfully added, press "Continue".
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 quantity of Davinci Coin (DAC) bought.
In fact, Binance will charge you a certain percentage as a commission for making the operation, and that will appear in that quick view also.
You have 60 seconds to press "Confirm", otherwise the order will be automatically aborted.
Next, you’ll be sent to the site of the credit card issuing bank. Proceed just as you usually do when making a standard on-line credit card payment.
After the banking procedure is complete, you will have your purchased Davinci Coin (DAC) in your Binance digital wallet (referred to as the «Spot Wallet»)
See how easy is how to purchase Davinci Coin (DAC) via Binance P2P
You could get Davinci Coin (DAC) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. To get this done, the first step is to add which payment method you would want to make use of.
Next, all the relevant details of the operation will be summarized: the amount to be charged on your credit card and the corresponding currency, and of course, the cryptos you are going to get.
Indeed, Binance will take a certain percentage as a commission for supporting the operation, and it will appear in that snapshot as well.
Within the next 60 seconds click on "Confirm", after that time the order will expire automatically.
The Binance platform will now send you to the bank issuing the credit card. Proceed exactly as you do when making a standard online credit card payment.
Your recently purchased Davinci Coin (DAC) will be credited to your Binance e-wallet (referred to as the «Spot Wallet») once the banking procedure has been done
Buy Davinci Coin (DAC) via Binance P2P
This is a transaction made «Person To Person», i.e.: trading Davinci Coin (DAC)
with another Binance trader. To get this done, the first step is to add which payment method you would want to make use of.
- Choose "Security" in your profile.
- Locate the "Payment" option in the menu you’ll see on the left-hand side of the screen and select it.
- After choosing "Add a Payment Method" the Binance platform will guide you through the rest of the procedure.
Now that the new payment method has been configured in your profile, go to the upper bar of the navigator and hover on "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following instructions:
- Press the "Buy" option on the top bar of the "P2P Account" menu
- In this bar you’ll find all the Davinci Coin (DAC) available for purchase via P2P trading. Select the one you want, in our case we will use «USDT» as an example.Purchasing any crypto in P2P trading allows the trader to exchange it on the Binance platform for any of the foreign currencies available.
- Select the currency you want to use from the drop-down menu under the "Fiat" label, for example, «VES».
- Use the "Amount" box to type the sum in VES you’re going to invest to purchase Davinci Coin (DAC).
- Choose the method of payment and wait for the system to show you all the traders that are currently offering Davinci Coin (DAC).
- Locate a seller from the list shown. We recommend that you pick one that is verified and has a high completed sales rate.
- Select "Buy USDT"
- Enter the amount in VES you would like to invest
- Again, click on "Buy USDT"
- A buying order has been created and the seller and you will be able to contact each other for further details, if needed. You have a time limit to pay, otherwise the order will be terminated by the system (something not good for your rating as a buyer). Once you paid, click on "Transferred, Next", then press "Confirm".
Learn how to transfer your Davinci Coin (DAC) to the Spot Wallet
After you have completed a payment to the seller, they may release the Davinci Coin (DAC), by confirming invoice of the payment.
You may check your wallet Binance balance to confirm reception.
Nonetheless, you must move them to your Spot Wallet in case you want to get any other cryptocurrency.
You can do this immediately immediately after the buying order has been completed just by clicking "Transfer to Spot Wallet".
If you didn’t follow this step, don’t fear, you can move the cryptos at any other moment.
Ways to transfer your Davinci Coin (DAC) to the Spot Wallet
When you have made a payment to the seller, they are going to release the Davinci Coin (DAC), just by confirming payment reception.
The place where Davinci Coin (DAC) are deposited is your Binance wallet.
But in order for you to buy any other Davinci Coin (DAC), you must move them to your Spot Wallet.
That’s easy: just press "Transfer to Spot Wallet" right after the buying order is completed.
This Davinci Coin (DAC) internal movement can be carried out whenever you need.
- Press "Wallet Funds" from the "Wallet" drop-down menu.
- Locate the "Transfer" option on the upper right area of the screen and click on it.
- In the pop-up window, change the «From» and «To» options so that it looks like this:
- From: «Funds»
- To: «Fiat and Spot»
- Choose the currency in which you have funds, in the example here we use «USDT»
- Set the cryptos you are about to move for the Exchange and click "Confirm".
That’s it! This way you will have funds in the Spot Wallet and you will be able to buy any of the huge selection of Davinci Coin (DAC) that the Binance platform has.
Find out how easy is to buy any crypto from the Binance platform:
- Select the "Trading" option in the top upper section.
- Press "Convert" from the list.
- Fill in the box the amount of «USDT» you want to spend.
- Choose the crypto you intend to get.
- Click on "Preview conversion".
- Confirm the transaction and that’s it. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you believe could be profitable.
To buy Davinci Coin (DAC) from the Binance platform what you just have to do is the following:
- Find the "Trading" menu in the top upper section.
- From the listing choose the "Convert" alternative.
- Input the amount of «USDT» you would like to spend.
- Now indicate the cryptocurrency you’re about to purchase.
- Select "Preview conversion".
- Confirm the operation and that’s it. You now will have the funds of the selected crypto in your Spot Wallet.
This article have surely pictured you a detailed panorama of what Binance is and how you can trade Davinci Coin (DAC) on it.
The future of money trading relies on Davinci Coin (DAC)., and Binance is a safe and friendly place to do business. Start right now!