Learn how to buy Drachma (DRA) on Binance
Binance is one of the leading trading platforms in the world.
Therefore, the first thing you must to do if you wish to start out operating on it is to discover ways to buy Drachma (DRA).
Continue reading this article and you’ll see all what you need to know about purchasing crypto on Binance.
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How to register on Binance
There is only way to begin trading within the Binance platform: subscribing to it.
Hassle-free registration: just follow the detailed instructions below.
On the Binance homepage you have to locate the "Register" option and click on it.
Go directly to Binance by pressing here.
In the Binance homepage you’ll find a button named "Register with a phone or email". Click on it.
This can also be done with any iOS smartphone.
In this guide, we’ll will explain how to do this using an email account.
- From the drop down list of countries, choose the one you reside.
- Now the crucial part: password. Select an alphanumeric word rare enough not to be simply deducted. Never use your name, birth date or things like that. Be well aware that it’s your property what will be secured by that password
- If you would want to be updated periodically via email about Binance news, mark in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Next step is the email verification
See the inbox of the email address you utilized for subscription and look for the activation code exclusive of your Binance account. Write it in the corresponding line and press "Send"
And that’s all! You are now signed up with Binance.
You’ll see it’s simple to access the Binance platform and observe all the options it offers.
That’s the best way to know how practical the Binance platform is, and how quick you can start trading Drachma (DRA).
To gain access to these options, you must complete the ID verification.
Please, note that it is only after you have completed this security measure that you’ll be able to start operating with Drachma (DRA).
However, you don’t need to worry, see the next paragraphs to find out how to do it.
Verify your Binance account to start out trading
To be a certified subscriber you have to complete the next steps:
Pick "Security" from the drop-down list under the user profile button
Or just look for the "Verify" button on the upper part of the navigator window
In the list shown on the left-hand area of the screen, pick the "Identification" option.
Now you must choose your country of residence.
Now, the three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.
Press the "Start now" button below the "Verified" label, since this is the beginning level.
At this point, some personal information wil be required:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Exact address of your residence.
- Second name and birth date.
- Second name and date of birth.
Now you’ll need to provide a legal document to check your identity.
passport, ID card or even a driver’s license are all valid documents to complete this formality.
Follow the system requirements to take a selfie.
When you have completed the platform’s instructions, you’ll have to wait a short time while your account is verified.
So, be patient, Binance is going to let you know via e-mail when your request has been approved.
The following instructions will guide you through the Drachma (DRA) trading process. As soon as you’ve got the confirmation email, you’ve become a Binance licensed Drachma (DRA) trader.
Purchasing Drachma (DRA) on Binance
OK, account verified was all you needed to begin purchasing Drachma (DRA) immediately.
In this segment you’ll learn how simple is to make a purchase of Drachma (DRA).
Next, you’ll need to present a legal document to check your identity.
You can do this by using your ID card, passport, or license.
Now, you will be asked to take a selfie, following the application’s guidance.
Once those requisites have been fulfilled, the Binance system will perform a confirmation process on your account.
So, wait patiently, Binance is going to send you an e-mail as soon as your request has been accepted.
After that, it’s time to purchase Drachma (DRA), just follow the instructions below.
Buying Drachma (DRA) on Binance
Beginning your Drachma (DRA) trading adventure has never been so easy, right?.
The first thing is to learn how to buy a Drachma (DRA).
Some steps might have optional paths
Look for the "Buy cryptos" menu on the Binance homepage to know which options you have when buying.
Certainly, you’ll only be able to do this once you are logged in
Unveil all the different buying options just by hovering your mouse over this button.
Here, the Binance platform will ask you to provide a legal document for identity checking.
You can do this by using your ID card, passport, or license.
Follow the system guidance to take a selfie.
When you have fulfilled the system’s requisites, you’ll have to wait a while for the confirmation to be applied to your account.
All you have to do is wait patiently, Binance will let you know via email as soon as your application has been approved.
The following instructions will guide you through the Drachma (DRA) purchasing process. As soon as you’ve received the confirmation email, you are a Binance licensed Drachma (DRA) trader.
Purchasing Drachma (DRA) on Binance
Starting your Drachma (DRA) trading experience has never been so simple, right?.
In this segment you’ll learn how easy is to invest your money in Drachma (DRA).
You may find different options throughout the process
See the "Buy cryptos" menu on the Binance homepage to know which options you have when making a purchase.
Obviously, you’ll only be able to do this once you are logged in
Placing your mouse pointer over this key will display a list of alternatives for making the purchase.
Learn how to use your debit or credit card to buy cryptocurrencies
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Continue reading for detailed guidelines:
Now you must pick the currency you’d like to buy with and specify the amount you want to invest.
The the Drachma (DRA) you wish to buy should be indicated in the second field
Considering the amount of USD you’ve recently specified, the platform will immediately display the quantity of Drachma (DRA) you are going to be given.
These instructions will be helpful to continue the process:
Currency to be used and amount of the investment should be indicated in the next box.
The the Drachma (DRA) you’d like to purchase must be selected from the second field
Taking into account the amount of USD you’ve recently indicated, the system will immediately show you the number of Drachma (DRA) you will get.
Press "Continue".
If you want to pay with your credit card, pick in the "Visa/Mastercard" box the button "Add card".
Type your CC details and click "Next".
Now state the physical address details for the credit card. Then select "Add card".
When you see your card has been included, press "Continue".
Next, all the relevant details of the operation will be presented: the sum to be charged on your credit card and the corresponding currency, and of course, the cryptos you are going to get.
It will also let you know the commission will be charged for the purchase.
Now you must validate the order clicking on the "Confirm" button during the following minute, or it will be automatically aborted.
The Binance system will now redirect you to the credit card issuing bank. Proceed just as you usually do when making a standard online credit card payment.
Your recently bought Drachma (DRA) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking process has been completed
Know how to buy Drachma (DRA) through Binance P2P
That means «Person To Person», i.e.: trading Drachma (DRA)
with another Binance trader. In that case, you should define the payment method you wish to apply first.
Next, all the relevant details of the transaction will be presented: the amount to be charged on your credit card and the corresponding currency, and of course, the cryptos you will get.
It will also show you the commission will be charged for the purchase.
At this point you have 60 seconds to press "Confirm", otherwise the order will be automatically canceled.
The system will now send you to the bank issuing the credit card. Follow the steps in the same way you would normally pay with your card.
Once the banking process is complete, you are already in possession of the recently bought Drachma (DRA) in your Binance e-wallet (called the «Spot Wallet»)
Buy Drachma (DRA) through Binance P2P
You can buy Drachma (DRA) not only via a direct purchase, but trading them «Person To Person»
with another Binance trader too. To do this, the first step is to specify which payment method you would want to apply.
- Go to your account and press "Security".
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and click on it.
- Click on "Add a Payment Method" and the Binance system will guide you through the rest of the process.
Once you finished configuring the new method of payment to your profile, move to the "Buy Crypto" menu (top part of the screen), find the "Trading P2P" option, and follow the guidance below:
- On the upper bar of the "P2P Account" tab, select "Buy"
- Here you can select the Drachma (DRA) you’re interested in, among all those available for purchase through P2P operations. We will use «USDT» for this guide.It is important to note that once you purchase one of these cryptocurrencies via P2P trading, you will be able to exchange it for any of the foreign currencies that operate on the Binance platform.
- Locate the "Fiat" column on the top tabs and reveal the drop-down menu to see all available currencies. We’ll use «VES» in this example.
- In the "Amount" box, type the sum in VES you intend to buy with.
- You will see a list of traders’ ads as soon as you have selected the method of payment.
- Locate a seller from the displayed list. We suggest that you choose one that is verified and has a high percentage of sales completed.
- Next select "Buy USDT"
- Type the amount in VES you wish to pay
- Select "Buy USDT" again
- Now an order has been generated and you’ll be able to contact the trader. Pay, click on "Transferred, Next", then press "Confirm". Be aware that there’s a limited time for you to make the payment.
Tips on how to transfer your Drachma (DRA) to the Spot Wallet
The seller, upon receiving your payment, will automatically release the Drachma (DRA).
You may check your wallet account balance to confirm reception.
But in order for you to buy any other Drachma (DRA), you will have to transfer them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order has been completed.
This Drachma (DRA) internal transfer can be carried out whenever you need.
Ways to transfer your Drachma (DRA) to the Spot Wallet
The trader, upon receiving your money, will automatically release the Drachma (DRA).
This way, they will quickly be added to your account balance.
However, in order for you to purchase another Drachma (DRA), you must transfer them to your Spot Wallet.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
This Drachma (DRA) internal transfer can be done anytime later.
- Place the mouse pointer over "Wallet" and select "Wallet Funds" from the drop-down list.
- The "Transfer" option is located on the upper right area of the screen. Click on it.
- Set the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency in which you have funds, in the example in this article we use «USDT»
- Input the amount you are moving to the spot walet and press "Confirm".
Perfect! Now you have funds available to trade any of the numerous Drachma (DRA) in the Binance platform.
Find out how easy is to purchase any cryptocurrency from the Binance platform:
- Pick the "Trading" option in the top section.
- Choose "Convert" from the list.
- Fill in the box the amount of «USDT» you want to spend.
- Select the cryptocurrency you would like to buy.
- Press "Preview conversion".
- Validate the operation and that’s all. You now will have the amount of the selected cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, don’t fear to purchase any crypto you believe will yield the greatest profit.
See how simple is to purchase any crypto from the Binance platform:
- Select the "Trading" option in the top top section.
- Pick "Convert" from the list.
- Enter the sum of «USDT» you would like to invest.
- Select the crypto you wish to get.
- Press "Preview conversion".
- Confirm the transaction and that’s all. You will have the funds of the chosen crypto in your Spot Wallet.
You’ve already learned how easy is to start doing business with Drachma (DRA) on Binance.
Don’t wait any longer and begin earning an extra income.