How to buy Decentralized Social (DESO) on the Binance platform
There is no doubt one of the world’s top-notch trading platforms nowadays is Binance.
Learning how to buy Decentralized Social (DESO) is essential if you wish to start operating on that platform.
This article will try to guide you about how to trade with Decentralized Social (DESO) on the Binance Decentralized Social (DESO) exchange.
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Figure out how to register on Binance
There is only way to begin trading on Binance: subscribing to it.
Registering to the Binance platform is quite easy: observe the following guidelines.
Visit the Binance main page and press on the "Register" key.
You may log in directly by clicking here.
Locate the "Register with a phone or email" button in the homepage and click on it.
You can also do this using your iOS device.
For the purpose of this article, the email address subscription process will be described.
- In the window that is displayed, select your country of residence from the drop down list.
- Now the extremely important step: password. Choose a string of characters difficult enough not to be simply guessed. Never use your name, birth date or things like that. Be well aware that it’s your money what will be secured by that word
- Here you must accept "Terms of Service" and, if you wish to get information, news and updates from Binance in your email address, mark in the corresponding box
Binance will immediately send an activation code (remember: this is NOT the password you’ve created) that you’ll type it in the corresponding box, then click on "Send"
That’s it! You are now and authorized subscriber of Binance.
It would be a good idea to visit the different areas of the Binance platform and get acquainted to them.
You’ll immediately notice how easy is to start trading Decentralized Social (DESO).
Complete the required identity checking to enable all these options.
It is very important to note that unless you complete this safety step, youwon’t be allowed to start operating with Decentralized Social (DESO).
In the next section, you’ll see how to do it. Zero problems.
Verify your Binance account to start out trading
To be an authorized subscriber you have to complete the next steps:
From the user profile menu, click on "Security"
You can also click on the "Verify" button on the upper part of the navigator window
In the list shown on the left-hand area of the navigator window, pick the "Identification" option.
Choose the Country of Residence.
Now, the 3 verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.
Press the "Start now" button under the "Verified" label, for this will be your beginning level.
A new window will pop-up, and there you’re going to provide your personal information: Nationality, first name and surname, middle name and birth date. Also, make sure you give the exact address of your residence
Next, you’ll need to show a legal document to verify your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will be asked to take a selfie, according to the platform’s instructions.
Now you’ll have to wait for a short period while an account verification process is performed.
Once your request has been approved, the system will let you know via email, just be patient.
After that, it’s time to get Decentralized Social (DESO), just see the guidelines below.
Buying Decentralized Social (DESO) on Binance
OK, account validated was all you needed to begin buying Decentralized Social (DESO) right now.
Learning how to invest your money in Decentralized Social (DESO) is not so difficult.
The next step is to corroborate your identity using a legal document.
passport, ID card or even a driver’s license are all valid documents to complete this condition.
Follow the system guidelines to take a selfie.
The final step will be made by the Binance system: a certification process that will just take a while.
When your application has been approved, the system is going to send you an e-mail, just be patient.
Upon receiving that email it’s time to purchase Decentralized Social (DESO), just see the instructions below.
Learn to purchase Decentralized Social (DESO) on Binance
OK, account confirmed means you can begin buying Decentralized Social (DESO) immediately.
Learning how to invest your money in Decentralized Social (DESO) is actually quite easy.
Take into account that you could have different options for this process
See the "Buy cryptos" menu on the Binance homepage to find out which options you have when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this key will show a list of alternatives to make the purchase.
Next, you’ll have to to provide a legal document to check your identity.
ID card, passport or even a driver’s license will be enough to fulfill this formality.
In the next stage, you will have to take a selfie, following the platform’s guidance.
The final step will be carried out by the Binance system: a certification process that will just take a while.
All you need to do is wait patiently, Binance is going to let you know via email when your profile has been approved.
Congrats! As soon as you’ve got the confirmation you’re officially enabled to trade Decentralized Social (DESO). The following guidelines will be helpful.
Purchasing Decentralized Social (DESO) on Binance
All right, account approved was all you needed to begin buying Decentralized Social (DESO) immediately.
The first thing is to know how to invest your money in Decentralized Social (DESO).
You may have more than one option throughout the process
Use the "Buy cryptos" menu on the Binance main page to find out which alternatives you have when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Placing your mouse pointer over this key will show a list of alternatives for making the purchase.
Did you know you could use your debit or credit card to buy DESO?
The first thing you need to do to purchase the Decentralized Social (DESO) of your choice using a credit card, should be to choose this option from the drop-down list labeled "Buy Cryptos".
The following instructions will help you in the process:
Currency to be used and how much to invest must be defined in the next box.
In the next field you must select the Decentralized Social (DESO) you would like to get
The quantity of Decentralized Social (DESO) you are going to receive will depend upon the amount of USD you’ve recently stated. The Binance system will automatically display it.
Continue reading for detailed guidelines:
Currency preferred and amount of the investment should be stated here.
The the Decentralized Social (DESO) you intend to buy must be indicated in the second field
The quantity of Decentralized Social (DESO) you will receive will depend upon the amount of USD you have just specified. The Binance platform will automatically display it.
Click on "Continue".
To use your CC as a payment method, go to the "Visa/Mastercard" box and click on the "Add card" option.
Card details must be completed in this step, then press "Next".
In this step you must enter the physical address details for the card. After this, select "Add card".
Now that your card has been added, click on "Continue".
Next, all the relevant details of the transaction will be summarized: the sum you’ll pay and the corresponding currency, and of course, the cryptos you will get.
Obviously, Binance will charge you a certain percentage as a commission for supporting the purchase, and that will appear in that quick view as well.
At this point you have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The Binance system will now reroute you to the credit card issuing bank. Proceed exactly as you usually do when making a standard on-line credit card payment.
You can check your Binance digital wallet (called the «Spot Wallet») once the banking procedure is complete and you’ll see your recently bought Decentralized Social (DESO) already there
Purchase Decentralized Social (DESO) via Binance P2P
You may get Decentralized Social (DESO) not only via a direct purchase, but trading them «Person To Person»
with another Binance trader as well. Method of payment is the first setting you will indicate.
Next, all the important details of the operation will be presented: the sum to be charged on your credit card and the corresponding currency, and obviously, the cryptos you will get.
Obviously, Binance will charge you a small amount as a commission for making the transaction, and it will appear in that snapshot as well.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
Next, you’ll be sent towards the site of the credit card issuing bank. Follow the guidelines in the same way you would make a payment with your card.
You may take a look at your Binance digital wallet (referred to as the «Spot Wallet») after the banking process has been done and you’ll find your recently bought Decentralized Social (DESO) already credited
Purchase Decentralized Social (DESO) with Binance P2P
You could buy Decentralized Social (DESO) not only via a direct purchase, but trading them «Person To Person»
with another Binance user too. In that case, you should indicate which payment method you would want to work with first.
- Go to your account and select "Security".
- Click on "Payment" on the left-hand side of the screen.
- Once the "Add a Payment Method" option is chosen the platform will guide you through the rest of the process.
After you finished configuring the new method of payment to your account, go to the "Buy Crypto" menu (upper part of the display), find the "Trading P2P" button, and follow the directions below:
- On the top bar of the "P2P Account" tab, choose "Buy"
- Here you can select the Decentralized Social (DESO) you’re interested in, among all those available for buying via P2P trading. We use «USDT» in this example.Note that any Decentralized Social (DESO) bought in P2P trading is allowed to be exchanged by any of the currencies available on Binance.
- Select the local currency you want to use from the drop-down menu under the "Fiat" column, for instance, «VES».
- Use the "Amount" box to enter the amount in VES you’re going to invest to buy Decentralized Social (DESO).
- Once you’ve defined the payment method, the Binance platform will show you a register of dealers’ offers.
- Any of the sellers displayed in the list can be selected, but it is advisable to select a verified one (with the blue diamond badge), and even better, a high-volume seller (gold star badge).
- Press "Buy USDT"
- In this step, the amount you wish to invest in VES must be entered
- Again, press "Buy USDT"
- This will open an order where you will have contact with the trader. Pay within the established time and press "Transferred, Next", then press "Confirm".
The right way to transfer your Decentralized Social (DESO) to the Spot Wallet
After you have made a payment to the trader, they are going to release the Decentralized Social (DESO), by confirming payment reception.
The default place where Decentralized Social (DESO) are added to is your account wallet.
But in order for you to purchase another Decentralized Social (DESO), you will have to transfer them to your Spot Wallet.
That’s quite simple: just click on "Transfer to Spot Wallet" right after the buying order is completed.
This Decentralized Social (DESO) internal movement can be done whenever you need.
Learn how to transfer your Decentralized Social (DESO) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
You may see your wallet Binance balance to confirm reception.
Nonetheless, you need to move them to your Spot Wallet in order for you to get another crypto.
To achieve this, all you have to do is click on "Transfer to Spot Wallet" once the buying order has been completed.
Should you forget to do this right after the purchase, there’s nothing to worry about: you’ll always be able to do it at any moment.
- Click on "Wallet Funds" from the "Wallet" drop-down list.
- Locate the "Transfer" button on the upper right area of the navigator window and press it.
- A pop-up window will open, where you must change the options to:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have money, in the example in this article we use «USDT»
- Type the amount you are sending to the spot walet and click "Confirm".
That’s it! Now you will have money in the Spot Wallet so you will be able to trade any of the numerous Decentralized Social (DESO) within the Binance platform.
Note how easy is to buy any cryptocurrency from Binance:
- In the top panel, find the "Trading" menu.
- From the listing select the "Convert" option.
- Fill in the box the amount of «USDT» you would like to spend.
- Choose the crypto you would like to purchase.
- Press "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
Perfect! Now you have money available to buy any of the several Decentralized Social (DESO) in the Binance platform.
Buy any crypto from the Binance platform just following the steps detailed next:
- Look for the "Trading" option in the top upper section.
- In the list select the "Convert" alternative.
- Type the amount of «USDT» you wish to invest.
- Now indicate the crypto you’re about to purchase.
- Select "Preview conversion".
- Validate the operation and that’s all. You will have the funds of the selected crypto in your Spot Wallet.
This article have surely pictured you a wide panorama of what Binance is and how you can do business with Decentralized Social (DESO) on it.
The future of money trading relies on Decentralized Social (DESO)., and Binance is a secure and comfortable environment to do business. Start right now!