Purchasing DEI (DEI) on the Binance platform
There are many trading platforms today on the WWW, but undoubtedly Binance is one of the most popular and innovative.
Therefore, the first thing you must to do if you need to start trading on it is to discover how to buy DEI (DEI).
That’s why on this page we will try to give you all the information you should have to buy DEI (DEI) on the Binance crypto platform.
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Discover how to register on Binance
The only way to get started in trading within Binance is registering to it.
Just follow each one of the steps below.
Search for the "Register" button in the Binance main page and press on it to begin the registration process.
Here you have the direct link to Binance.
Locate the "Register with a phone or email" button in the main page and press it.
The Binance platform is totally compatible with iOS devices as well.
In this guide, we’ll will show you how to do this with an e-mail.
- From the drop-down list of countries, pick the one you reside.
- The next step is picking a safety password. This is quite important since it’s all about your money, so you have to create a really robust one
- Indicate if you want Binance to send news and information direct to your e-mail. Accept the "Terms of Service" and click on "Create Account"
The Binance platform will automatically send a one-time-only activation code (remember: this is NOT the password you’ve created) that you’ll type it in the corresponding line, then click on "Send"
Finally, your Binance enrollment has been activated.
Take a time to get acquainted to the different options of the Binance platform by browsing them.
You’ll realize how simple is to start operating with DEI (DEI).
Complete the mandatory identity checking to enable all those options.
Please, take into account that it will be only after you have completed this security step that you’ll obtain permission to begin operating with DEI (DEI).
In the next paragraphs, you’ll be guided on how to do it. Zero problems.
How to complete the verification of your Binance account and begin trading
To become an authorized end user you must follow the steps below:
On the main page, hover the mouse on the user profile option and a list will immediately drop down where you will have to press "Security"
Another option is to go to the upper part of the screen and press the "Verify" button
In the list shown on the left-hand side of the screen, pick the "Identification" option.
Country of residence is the first thing you must pick.
The platform will show you 3 verification levels: the one you already have, the Verified, and the Verified Plus.
To begin, choose "Start now" located near the "Verified" level.
In this step, the subscriber is required to enter some personal information:
- Nationality.
- First Name and Surname.
- Second name and date of birth.
- Exact address of your residence.
- Second name and birth date.
- Second name and date of birth.
Next, you’ll need to show a legal document to check your identity.
passport, ID card or even a license are all valid documents to fulfill this requirement.
Now, you will be asked to take a selfie, according to the application’s requirements.
When you have fulfilled the system’s requisites, you’ll have to wait a moment while your account is confirmed.
As soon as your application has been approved, the platform will let you know via e-mail, just be patient.
The following instructions will guide you through the DEI (DEI) buying process. As soon as you’ve got the confirmation email, you’ve become a Binance licensed DEI (DEI) trader.
How to buy DEI (DEI) on Binance
All right, account verified means you can begin buying DEI (DEI) immediately.
In this section you’ll realize how simple is to invest your money in DEI (DEI).
At this point, the Binance platform will require you to show a legal document for identity verification.
You can do this by using your passport, ID card, or driver’s license.
In the next stage, you will have to take a selfie, following the platform’s instructions.
Now you’ll have to wait for a short time while an account confirmation process takes place.
Now wait patiently, Binance will let you know via email once your profile has been approved.
Congrats! Now you’re officially licensed to operate with DEI (DEI). The following guidelines will be helpful.
Purchasing DEI (DEI) on Binance
Now that you have registered on the platform and have your account approved, you can begin trading.
Take a time to learn how to invest your money in DEI (DEI).
Some processes may have alternative paths
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Needless to say you must log into your account to do this
Uncover all the different buying options just by placing your mouse over this button.
The next step is to sustain your identity with a legal document.
passport, ID card or even a driver’s license will be enough to fulfill this condition.
Follow the system guidelines to take a selfie.
After you have fulfilled the system’s guidelines, you’ll have to wait a moment for the confirmation to be applied to your account.
All you have to do is wait patiently, Binance is going to send you an e-mail as soon as your application has been approved.
Congrats! Once you’ve received the confirmation you’re officially authorized to operate with DEI (DEI). The following guidelines will be helpful.
Buying DEI (DEI) on Binance
OK, account validated means you can begin buying DEI (DEI) immediately.
In this section you’ll see how easy is to convert money into DEI (DEI).
Be aware that you have different options for this process
Look for the "Buy cryptos" menu on the Binance main page to know which options you have when buying.
You have to, of course, do this after you’ve signed into your account
Uncover all the different buying options just by placing your mouse over this button.
Did you know you could use your credit or debit card to buy cryptos?
Select the credit card-related option from the drop-down menu labeled "Buy Cryptos".
Continue reading for detailed guidelines:
Currency preferred and amount of the investment must be indicated here.
In the second field you must pick the DEI (DEI) you would like to buy
When you do so, the platform will automatically show you the number of DEI (DEI) you will receive, according the amount of USD you have just indicated.
Read on for detailed guidelines:
Currency preferred and how much to invest should be defined here.
In the next field you must choose the DEI (DEI) you would like to buy
Taking into account the amount of USD you’ve recently stated, the system will immediately show you the quantity of DEI (DEI) you are going to receive.
Now select "Continue".
Now it’s time to indicate the method of payment you’ll use. To pay with a credit card, choose in the "Visa/Mastercard" box the option "Add card".
Credit card data must be typed in this step, then click "Next".
The following field is where you’ll state the address associated to the card. Type it exactly as it is, then select "Add card".
With this, your card will be added to the payment methods in your account. Click "Continue".
The platform will now show you the summary of the buying order you are generating. The amount you will pay with the currency you’ve selected, and the DEI (DEI) you will receive.
Obviously, Binance will charge you a small amount as a commission for making the operation, and that will be shown in that snapshot as well.
Now you must acknowledge the order pressing the "Confirm" button within the next 60 seconds, or it will be automatically canceled.
The following step must be carried out on the credit card bank platform. Proceed just as you usually do when making a payment with your card on the bank website.
You may take a look at your Binance e-wallet (called the «Spot Wallet») after the banking process has been finished and you’ll see your recently purchased DEI (DEI) already there
Learn how to buy DEI (DEI) via Binance P2P
An alternative way to buy crypto is to exchange it
with another person. You should add the payment method you wish to use first.
The system will now show you the details of the purchase order you are creating. The sum you will pay with the currency you have selected, and the DEI (DEI) you will receive.
Another important detail in this quick view is the amount you’ll be charged as a commision for making the transaction.
In less than 1 minute click on "Confirm", after that time the order will be automatically shut down.
The next step needs to be carried out on the credit card banking system. Then you should complete a normal on-line payment using your credit card.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») once the banking process has been done and you’ll find your recently purchased DEI (DEI) already credited
Purchase DEI (DEI) via Binance P2P
You could get DEI (DEI) not only via a direct purchase, but trading them «Person To Person»
with another Binance user as well. To do this, the first step is to define which payment method you would want to make use of.
- Login to the "Security" section of your profile.
- From the menu on the left-hand side choose "Payment".
- Press the "Add a Payment Method" button and follow the system directions.
Now that the new method of payment has been included in your account, go to the top bar of the navigator and hover on "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following guidelines:
- Click the "Buy" button on the top bar of the "P2P Account" tab
- All the DEI (DEI) available for purchase through P2P operations will be displayed in this list, so you will be able to pick the one you want. In this guide, we will use «USDT».It is important to note that when you purchase any crypto in P2P trading, you will be able to exchange it for any of the foreign currencies valid in the Binance platform.
- Choose the local currency you want to use from the drop-down list under the "Fiat" label, for example, «VES».
- Now you must enter the sum in VES you’d like to spend in the "Amount" box.
- Once you have stated the method of payment, the platform will show you a list of dealers’ ads.
- Any of the sellers displayed in the list can be chosen, although it is advisable to select a verified one (see the blue diamond badge), and even better, a high-volume seller (gold star mark).
- Next click on "Buy USDT"
- Now the amount you wish to pay in VES must be typed
- Again, click on "Buy USDT"
- A purchase order has been generated and the trader and you will be able to contact each other for details, in case you need it. You have a limited time to make the payment, otherwise the order will be terminated by the system (something not good for your reputation as a buyer). Once you paid, press "Transferred, Next" and then press "Confirm".
Learn how to transfer your DEI (DEI) to the Spot Wallet
Once you have made a payment to the trader, they will release the DEI (DEI), just by confirming receipt of the payment.
So, they will instantly be deposited into your wallet.
However, in order for you to purchase any other DEI (DEI), you will need to move them to your Spot Wallet.
That’s easy: just press "Transfer to Spot Wallet" right after the purchase order is completed.
This DEI (DEI) internal movement can be performed anytime later.
Ways to transfer your DEI (DEI) to the Spot Wallet
Once you have made a payment to the trader, they will release the DEI (DEI), by confirming payment reception.
So, they will automatically be deposited into your wallet.
Take into account that your DEI (DEI) must be in your Spot Wallet in case you would want to purchase others, so you must move them there before.
To get this done, you only need to click on "Transfer to Spot Wallet" right after the buying order is completed.
If you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it later.
- Drop the "Wallet" menu down and select the "Wallet Funds" option.
- Locate the "Transfer" button at the top right and press it.
- In the pop-up window, change the «From» and «To» options to the following settings:
- From: Funds
- To: Fiat and Spot
- Select the currency according to the funds you have in the platform, in this example we’ll use «USDT»
- Input the amount you are moving for the Exchange and press "Confirm".
Perfect! Now you have money available to buy any of the numerous DEI (DEI) in the Binance platform.
Find out how simple is to purchase any crypto from the Binance platform:
- Look for the "Trading" option in the top top section.
- In the listing choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to spend.
- Now select the crypto you’re about to purchase.
- Choose "Preview conversion".
- Confirm the transaction and that’s it. You will have the amount of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have money available to buy any of the huge selection of DEI (DEI) in the Binance platform.
To buy DEI (DEI) from the Binance platform all you have to do is described below:
- In the top section, loate the "Trading" menu.
- From that listing select the "Convert" alternative.
- Fill in the box the amount of «USDT» you want to invest.
- Select the cryptocurrency you intend to get.
- Press "Preview conversion".
- Confirm the operation and that’s it. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
You’ve already seen how simple is to start trading DEI (DEI) on Binance.
The future of money trading relies on DEI (DEI)., and Binance is a safe and friendly environment to do business. Start right now!