You can find a lot of trading platforms today on the WWW, but without a doubt Binance is one of the most popular and reputed.
Understanding how to trade with Digital Money Bits (DMB) is crucial if you want to start out operating on that platform.
This post is intended to teach the reader about how to buy Digital Money Bits (DMB) on the Binance Digital Money Bits (DMB) exchange.
Opening a Binance account is the initial step you need to accomplish.
To do so, you need to follow each one of the steps below.
Search for the "Register" option in the Binance main page and click on it to begin the registration process.
Here you have the direct link to Binance.
In the Binance homepage you’ll see a button labeled "Register with a phone or email". Press it.
Apple tablets or phones can be used as well.
For the purpose of this post, the e-mail address registration process will be shown.
The Binance platform will automatically send an activation keycode (NB: this is NOT your password) that you’ll type it in the corresponding line, then click on "Send"
You’re now a Binance user!.
You can now access the Binance platform and observe all the options it offers.
You’ll discover how easy is to start operating with Digital Money Bits (DMB).
To gain access to those options, you have to fulfill the identity checking.
Please, note that it is only after you have completed this security step that you’ll be allowed to begin operating with Digital Money Bits (DMB).
No big deal, though. See the following instructions to complete that step.
To be an authorized subscriber you must follow the next steps:
From the user profile menu, click on "Security"
You can also press "Verify" button on the upper part of the screen
Look for the option "Identification" on the left side of the navigator window.
Now you should pick your country of residence.
Next you’ll will immediately see three levels of verification:
Now you should choose "Verified", clicking on the "Start now" option below it.
A pop-up window will be shown, and there you’re going to enter your personal information: Nationality, first name and surname, middle name and date of birth. Also, make sure you provide the exact address of your residence
Here, the Binance platform will require you to use a legal document for identity corroboration.
Use your ID card, passport or even your license to complete this step.
Now the system will ask you to take a selfie under certain conditions.
Now you’ll have to wait for a short period while an account verification process is performed.
As soon as your request has been approved, you will be informed via e-mail, just be patient.
After that, it’s time to purchase Digital Money Bits (DMB), just follow the guidelines below.
The first step is to know how to buy a Digital Money Bits (DMB).
Here, the Binance platform will require you to show a legal document for identity corroboration.
Use your ID card, passport or even your license to complete this step.
Now, you will have to take a selfie, according to the application’s requirements.
Once you have fulfilled the system’s instructions, you’ll have to wait a moment for the confirmation to be performed on your account.
Now you have to wait until your profile has been accepted. Be patient, the platform is going to send you an email.
Congratulations! Once you’ve got the confirmation you’re officially enabled to buy Digital Money Bits (DMB). The following instructions will be helpful.
First you need to figure out how to buy a Digital Money Bits (DMB).
Take into account that you have different alternatives for this process
To know which alternatives can be found when buying, see the "Buy cryptos" menu on the Binance main page.
You have to, of course, do this after you’ve logged into your account
Placing your mouse pointer over this button will display a list of alternatives to make the purchase.
The next step is to support your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
In the next stage, you will have to take a selfie, according to the application’s guidance.
After you have completed the system’s requisites, you’ll have to wait a moment while your account is verified.
When your request has been accepted, Binance is going to let you know via email, just be patient.
After that, it’s time to buy Digital Money Bits (DMB), to do so see the guidelines below.
The first thing is to discover how to make a purchase of Digital Money Bits (DMB).
Be aware that you have more than one option for this process
Look for the "Buy cryptos" menu on the Binance homepage to know which options are available to you when buying.
Needless to say you must be logged into your account to do this
See all the different buying options just by placing your mouse over this button.
What you need to do to purchase the Digital Money Bits (DMB) you want using a credit card, should be to choose this option from the drop-down list labeled "Buy Cryptos".
Keep on reading for detailed guidelines:
Now you must choose the currency you’d like to buy with and type the amount you want to invest.
Next, select the Digital Money Bits (DMB) you’re going to get
After you do so, the platform will automatically show you the number of Digital Money Bits (DMB) you will be given, taking into account the amount of USD you’ve recently stated.
These instructions will help you in the process:
Currency to be used and how much to invest should be specified in the next box.
In the next field you must select the Digital Money Bits (DMB) you intend to purchase
The number of Digital Money Bits (DMB) you are going to receive will depend upon the amount of USD you have just defined. The Binance platform will automatically show it to you.
Now select "Continue".
In case you decided to pay with your credit card, select in the "Visa/Mastercard" box the button "Add card".
Card details must be entered in this step, then click "Next".
In this step you must write the address the card is associated to. Type it exactly as it is, then choose "Add card".
With this step, your card will be added to the payment methods in your user profile. Press "Continue".
Next, all the important details of the transaction will be presented: the sum you’ll pay and the corresponding currency, and of course, the cryptos you are going to receive.
Obviously, Binance will charge you a certain percentage as a commission for supporting the transaction, and it will appear in that summary also.
In less than 1 minute press "Confirm", and then the order will expire automatically.
The Binance platform will now reroute you to the bank issuing the credit card. Then you would complete a standard on-line payment with your credit card.
Your recently purchased Digital Money Bits (DMB) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking procedure is complete
Next, you’ll see a summary of the operation in its final stage. That includes the sum your card will be charged, the selected currency and the quantity of Digital Money Bits (DMB) you will receive.
Another important detail in this snapshot is the percentage you’ll be charged as a commision for making the purchase.
Within the next 60 seconds click on "Confirm", and then the order will expire automatically.
The following step must be carried out on the credit card bank system. Follow the guidelines in the same way you would generate a payment with your credit card.
After the banking process is complete, you are already in possession of the recently bought Digital Money Bits (DMB) in your Binance e-wallet (called the «Spot Wallet»)
Now that the new method of payment has been included in your profile, go to the top bar of the navigator and hover on "Buy Crypto" to drop-down the menu and click on "Trading P2P". Then see the following steps:
Cryptos will be released by the trader as soon as money reception validation has been done.
You may verify your wallet Binance balance to confirm reception.
Take into account that your Digital Money Bits (DMB) must be in your Spot Wallet in case you would want to get others, so you will have to move them there before.
You can move them 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.
Cryptocurrencies will be released by the seller as soon as payment reception validation has been done.
This way, they will automatically be added to your account balance.
Although, in case you would want to get any other Digital Money Bits (DMB), you will need to send them to your Spot Wallet.
You can move them immediately right after the buying order has been completed just by clicking "Transfer to Spot Wallet".
This Digital Money Bits (DMB) internal movement can be done anytime later.
That’s it! This way you will have money in the Spot Wallet so you will be able to buy any of the numerous Digital Money Bits (DMB) that the Binance platform has.
Buy any crypto from the Binance platform just following the steps described below:
Perfect! Now you have funds available to buy any of the several Digital Money Bits (DMB) in the Binance platform.
To purchase Digital Money Bits (DMB) from Binance what you just have to do is described below:
Based on the above mentioned information, you are now ready to begin trading on the Binance platform.
Don’t wait any more and begin generating some extra money.
If you want to make money through cryptocurrencies, you must learn how to operate the Kucoin platform. This exchange is getting good benefits to any or all its users, and it is making a lot more evolution in all its operations.
If you need to learn quickly how to purchase a Digital Money Bits (DMB) in Kucoin, you will need to read this post.
Once you have created your account into the Kucoin platform and fulfilled the security requirements, you must deposit your currency. This procedure is pretty easy, and there are several options to accomplish that.
One of them is to navigate to the «Balance» or «Assets» section at the top right in the display and look for the "Deposit" button. After that, choose the Digital Money Bits (DMB) you would want to put into your personal account to purchase new cryptos, for instance, USDT.
Following this, you will find the network you will use for making the operation. We all suggest Tron (TRC20) for it retains the lowest commissions.
Next you’ll find the address you should write in the "Exchange" where you currently have the USDT you’d like to send to Kucoin. When you do this, you will get the funds in your main account immediately.
If that doesn’t work in the country you’re living, you may try moving the money to your account via P2P trading. This type of transaction implies that you actually make a traditional bank transfer to any of the registered traders to get any of the genuine cryptos.
When you received the funds in your account, it’s time for you to learn how to interact with the Kucoin platform.
Before buying a Digital Money Bits (DMB) on Kucoin you have to transfer the money you have just purchased to the trading account. To achieve this you have to click on the "Balance" menu, click the main account, enter your cryptocurrencies and after that choose "Transfer". This last button can be found on the same line than the currency you are going to use to complete the purchase.
If that doesn’t work in the country you’re currently living, you can try transferring funds to your account through P2P trading. This type of deal implies that you actually make a bank transfer to any of the listed traders to get any of the genuine cryptos.
Now that you get the funds in your account, it’s time for you to start interacting the Kucoin website.
Before buying a Digital Money Bits (DMB) on Kucoin you must transfer the money you’ve just purchased to the trading accounts. To accomplish this you need to open the «Balance» menu, click on the main account, enter your cryptocurrencies and then choose "Transfer". This last option can be located on the same line than the currency you’ll use to complete the purchase.
After that, you will be redirected to a window for choosing where you wish to send the funds. You must transfer from the «Main Account» to the "Trading Account", and indicate the currency and the quantity you wish to send to operate. Then visit «Confirm».
Once you have the funds in the account, you are ready to buy your crypto and begin trading.
Here you will learn how to purchase Digital Money Bits (DMB) in different ways. To start, you have to go to the «Trade» menu and click on "Spot trading" (Spot Market). Next enter the term Digital Money Bits (DMB) in the search box in the top corner of the site.
The platform will reveal the crypto pairs you are allowed to operate with.
In other words, you will only be capable to purchase Digital Money Bits (DMB) only with the crypto pairs it shows you.
With this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT since we’ve got funds in this couple. When we do so, it automatically loads the crypto chart and the order book with the buy and sell tradings.
To be able to accomplish the operation, it is necessary to enter the corresponding code.
At the bottom on the right-hand side, the platform displays us the financial markets to trade crypto, immediately enabling the «Spot». There we now have 3 options to buy Digital Money Bits (DMB). Those are the following:
You can also set the order activation and process it at the ideal market price. You can do this by going to "Stop Market", and typing in «Stop Price» the sum you wish the Digital Money Bits (DMB) to arrive to activate the order and the amount of USDT to spend. By simply clicking Buy Digital Money Bits (DMB), your order will be executed at the market rate when it is the identical to the stop price you have typed.
With just one of these three alternatives, you already have the Digital Money Bits (DMB) tokens you have bought in your trading account. From this moment you are able to trade with this or you may want to purchase other cryptos. Remember that with Digital Money Bits (DMB) you’ll only be able to get the cryptos available in their pairs. Frequently you will need to trade your Digital Money Bits (DMB) for a crypto that is commonly available in the Digital Money Bits (DMB) pairs, such as BTC, USDT, and BNB, then you can get the particular one you really wish.
You can now start trading a Digital Money Bits (DMB) at the Kucoin site.
| Exchange | Market Pairs | Buy |
|---|---|---|
| Crex24 | FTC/BTC | - |
