How to buy DEW (DEW) on Binance
No doubt one of the world’s leading trading platforms nowadays is Binance.
Therefore, the first thing you must to do if you’d like to begin trading on it is to understand how to buy DEW (DEW).
Continue reading this post and you will discover all what you need to know about purchasing crypto on Binance.
----
Learn how to register on Binance
To be capable of buying DEW (DEW) on Binance, the vital thing you need to know is definitely how to subscribe.
Registering to the Binance platform is very simple: check the following instructions.
On the Binance homepage you have to locate the "Register" button and press it.
Access directly to Binance by pressing here.
Look for the "Register with a phone or email" button in the main page and click on it.
iOS tablets or phones can be used as well.
For the purpose of this post, the e-mail address subscription technique will be explained.
- First, pick the country from the drop down list according to the one you reside.
- Now, enter your email address and a password. Be well aware that you are going to invest your money, so you should give importance to the password you set up
- Now you must accept "Terms of Service" and, if you wish to get information, news and updates from Binance in your email address, check in the corresponding box
See the inbox at the email address you used for enrollment and search the activation code exclusive of your Binance account. Enter it in the corresponding box and press "Send"
And that’s all! You are now subscribed to Binance.
It would be a nice idea to have a walk through the different areas of the Binance platform and become familiar with them.
You’ll realize how simple is to begin operating with DEW (DEW).
The ID checking is a required step you have to fulfill to gain access to all those options.
Please, be well aware that it will be only after you have fulfilled this security step that you’ll be authorized to begin trading DEW (DEW).
In the next paragraphs, you’ll see how to do that. Zero problems.
How to verify your Binance account and start trading
The following are the steps to verify your Binance account and get the permission to start trading:
On the main screen, hover the mouse on the user profile menu and a list will immediately show up where you will have to click on "Security"
Or simply look for the "Verify" button on the top of the screen
In the list shown on the left-hand part of the navigator window, select the "Identification" option.
Country of residence is the first thing you must choose.
Next you’ll will immediately see three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
Press the "Start now" button below the "Verified" label, for this will be your beginning level.
Then it displays a pop-up window in which you should enter the following data:
- Nationality.
- First and Last Name.
- Middle name and birth date.
- Exact address of your residence.
Now you’ll need to present a legal document to check your identity.
ID card, passport or even a license will be enough to complete this requirement.
Now the system will require you to take a selfie following certain instructions.
Once you have fulfilled the system’s guidelines, you’ll have to wait a short time while your account is verified.
Now wait patiently, Binance will let you know via email when your application has been approved.
The following instructions will guide you through the DEW (DEW) purchasing process. As soon as you’ve received the confirmation e-mail, you’re a Binance authorized DEW (DEW) trader.
Purchasing DEW (DEW) on Binance
Now that you have registered on the Binance platform and got your account verified, you can start trading.
Learning how to buy a DEW (DEW) is not so difficult.
Now you’ll need to show a legal document to verify your identity.
ID card, passport or even a driver’s license will be enough to complete this condition.
Now the platform will ask you to take a selfie following certain guidelines.
After you have fulfilled the system’s requisites, you will have to wait a moment while your account is confirmed.
When your request has been accepted, the system is going to send you an email, just be patient.
Congratulations! Now you’re officially licensed to operate with DEW (DEW). The following instructions will be helpful.
How to purchase DEW (DEW) on Binance
Now that you are registered on the platform and have your account validated, you can begin trading.
In this section you’ll discover how easy is to make a purchase of DEW (DEW).
You may find different options throughout the process
See the "Buy cryptos" menu on the Binance homepage to find out which options you have when buying.
Needless to say you must login to your account to be able to do this
Hover your mouse over this key and a list of buying alternatives will deploy.
Here, the Binance platform will ask you to provide a legal document for identity corroboration.
Use your ID card, passport or even your license to complete this step.
Now the platform will require you to take a selfie following certain instructions.
Once you have fulfilled the system’s requirements, you’ll have to wait a moment while your account is confirmed.
Now wait patiently, Binance will let you know via e-mail as soon as your profile has been approved.
Congrats! Now you’re officially enabled to operate with DEW (DEW). The following instructions will be helpful.
Buying DEW (DEW) on Binance
Starting your DEW (DEW) trading experience has never been so simple, right?.
Learning how to invest your money in DEW (DEW) is actually quite easy.
You may have different options throughout the process
The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Place your mouse on this button and a list of buying alternatives will be shown.
Did you know you could use your debit or credit card to buy cryptos?
Pick the credit card-related option from the drop-down list labeled "Buy Cryptos".
The following instructions will help you in the process:
Now you must select the currency you want to buy with and enter the amount you want to invest.
In the next field you must choose the DEW (DEW) you intend to purchase
According the amount of USD you’ve just invested, the platform will automatically display the quantity of DEW (DEW) you’ll be given.
Keep on reading for detailed guidelines:
Currency to be used and amount of the investment must be stated in the next box.
Next, pick the DEW (DEW) you are going to get
The quantity of DEW (DEW) you’ll be given will depend upon the amount of USD you have previously invested. The Binance platform will immediately display it.
Now select "Continue".
Now you must specify your method of payment. To pay with a credit card, select in the "Visa/Mastercard" box the button "Add card".
Card details must be indicated in this step, then press "Next".
In this step you must state the address associated to the credit card. Write it exactly as it is, then choose "Add card".
Press "Continue" after you check your card has been successfully included in your account as a new method of payment.
The system will now display the details of the purchase order you are generating. The amount your card will be charged in the currency you’ve picked, and the DEW (DEW) you will be credited.
It will also show you the commission you must pay for the transaction.
At this point you have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The following step must be done on the credit card bank system. Proceed exactly as you usually do when making a standard on-line credit card payment.
You can check your Binance e-wallet (called the «Spot Wallet») when the banking process is complete and you’ll find your recently bought DEW (DEW) already credited
Know how to buy DEW (DEW) with Binance P2P
That means «Person To Person», i.e.: exchanging DEW (DEW)
with another Binance subscriber. In that case, you should define the payment method you wish to apply first.
Next, all the important details of the operation will be summarized: the sum to be charged on your credit card and the corresponding currency, and obviously, the cryptos you are going to receive.
Obviously, Binance will claim a small amount as a commission for supporting the operation, and that will appear in that overview also.
Within the next 60 seconds click on "Confirm", and then the order will expire automatically.
The platform will now send you to the bank issuing the credit card. Then you will complete a standard online payment using your credit card.
Your recently purchased DEW (DEW) will be available in your Binance digital wallet (called the «Spot Wallet») when the banking process has been finished
Learn how to purchase DEW (DEW) with Binance P2P
That is a transaction made «Person To Person», i.e.: trading DEW (DEW)
with another Binance user. Method of payment is the first parameter you must add.
- Go to your profile and click on "Security".
- In the list on the left-hand side choose "Payment".
- Choose "Add a Payment Method" and the Binance system will guide you through the rest of the process.
Now that the new payment method has been added to your profile, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following steps:
- Press the "Buy" button on the top bar of the "P2P Account" menu
- All the DEW (DEW) available for purchase through P2P operations will be displayed in this menu, so you will be able to pick the one you want. In this guide, we present «USDT».Note that any DEW (DEW) purchased through P2P trading could be exchanged by any of the foreign currencies approved by Binance.
- Choose the currency you want to use from the drop-down list under the "Fiat" label, for example, «VES».
- In the "Amount" box, type the amount in VES you intend to buy with.
- After you’ve stated the payment method, the Binance system will display a list of traders’ ads.
- Select a seller from the list shown. We advise that you choose one that is verified and has a high percentage of sales completed.
- Press "Buy USDT"
- In this step, the amount you wish to invest in VES must be entered
- Again, select "Buy USDT"
- Now a buying order has been opened and the trader and you will contact. Pay, click on "Transferred, Next", then press "Confirm". Notice that there’s a limited time for you to pay.
Tips on how to transfer your DEW (DEW) to the Spot Wallet
The seller, upon validating payment reception, will automatically release the DEW (DEW).
You may check your wallet Binance balance to confirm reception.
However, in case you want to buy another DEW (DEW), you need to move them to your Spot Wallet.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
If you forget to do this right after buying the cryptos, no problem at all: you’ll be able to do it at any moment.
Learn how to transfer your DEW (DEW) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception acknowledge has been done.
You may see your wallet account balance to confirm reception.
Although, in case you want to purchase another DEW (DEW), you will have to send them to your Spot Wallet.
You can do this immediately right after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
If you forget to do this right after the purchase, no problem at all: you’ll be able to do it at any moment.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- See the "Transfer" button at the top right and click on it.
- A pop-up window will open, where you must change the options to:
- From: Funds
- To: Fiat and Spot
- Choose the currency in which you have money, in the example in this article we use «USDT»
- Set the cryptos you are sending to the spot walet and click "Confirm".
All right! Now you have funds available to buy any of the numerous DEW (DEW) in the Binance platform.
Note how easy is to buy any crypto from Binance:
- Find the "Trading" menu in the upper section.
- Choose "Convert" from the list.
- Indicate the sum of «USDT» you wish to invest.
- Now mark the crypto you’re about to buy.
- Choose "Preview conversion".
- Confirm the transaction and that’s it. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from purchasing any crypto you think could be worthwhile.
Purchase any crypto from Binance just following the instructions described below:
- In the top panel, select the "Trading" menu.
- In the list select the "Convert" alternative.
- Indicate the amount of «USDT» you want to invest.
- Select the cryptocurrency you would like to purchase.
- Choose "Preview conversion".
- Confirm the operation and that’s all. You will have the funds of the chosen crypto in your Spot Wallet.
This article have surely pictured you a wide panorama of what Binance is and how you can trade DEW (DEW) on it.
Don’t wait any further and begin generating an extra income.