DREP Guide [old] (DREP) Token. Project explained, price and risks

Learn how to purchase DREP [old] (DREP) on the Binance platform

There are a lot of trading platforms on the WWW nowadays, but without a doubt Binance is one of the most popular and reputed.

Learning how to buy DREP [old] (DREP) is crucial if you want to begin trading on that platform.

So, on this page we will bring you all what you need to know to trade with DREP [old] (DREP) on the Binance cryptocurrency platform.

Be able to register on Binance

The only way to get started in trading on Binance is subscribing to it.

Easy subscription: just follow the detailed instructions listed below.

On the Binance homepage you have to locate the "Register" button and click on it.

Go directly to Binance by clicking here.

In the Binance homepage you’ll find a button named "Register with a phone or email". Click on it.

iOS mobile phones or tablets can be used as well.

In this article, 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.
• Following, type your email address and a keycode. Be well aware that you are going to invest money, so you ought to give relevance to the password you select
• Whether you wish to be informed periodically via e-mail about Binance news, mark in the corresponding box. Next, you must accept the "Terms of Service" and that’s almost all. Your account has been created Next step is the e-mail verification

Binance will immediately send a one-time-only activation code (NB: this is NOT your password) that you’ll enter it in the corresponding box, then press "Send"

You’re now a Binance user!.

Now you can enter the Binance platform and observe all the options it has to offer.

That’s the best way to know how practical the Binance platform is, and how quick you can begin operating with DREP [old] (DREP).

To get access to those options, you need to fulfill the ID checking.

It is very important to notice that until you fulfill this protection step, youwon’t be authorized to begin trading DREP [old] (DREP).

In the following instructions, you’ll be guided about how to do it. Hassle-free.

Verify your Binance account to get started trading

Read the next guidelines and become a certified Binance trader:

From the user profile menu, pick "Security"

Or just look for the "Verify" button on the upper part of the navigator window

Click "Identification" on the left menu.

Choose your Country of Residence.

Next, the three levels of verification:

• The one you already have.
• The Verified.
• The Verified Plus.

Here you must select "Verified", clicking on the "Start now" button below that label.

At this point, the subscriber is required to enter certain personal data:

• Nationality.
• First and Last Name.
• Middle name and date of birth.
• Residence address (exact).
• Middle name and date of birth.
• Second name and date of birth.

Next, you’ll have to to show a legal document to corroborate your identity.

Use your passport, ID card or even your license to complete this step.

In the next step, you will be asked to take a selfie, following the application’s guidance.

The last step will be made by the Binance system: a confirmation process that will take only a short time.

Now you must wait until your profile has been accepted. Be patient, the system will send you an email.

Congratulations! As soon as you’ve received the confirmation you’re officially licensed to operate with DREP [old] (DREP). The following instructions will be helpful.

Buying DREP [old] (DREP) on Binance

In this segment you’ll learn how easy is to convert cash into DREP [old] (DREP).

Now you’ll need to present a legal document to verify your identity.

passport, ID card or even a license will be enough to fulfill this condition.

Follow the system requirements to take a selfie.

Once those requirements have been fulfilled, the Binance platform will perform a confirmation process on your account.

Now you must wait until your application has been approved. Be patient, Binance will let you know via email.

Congratulations! Now you’re officially licensed to operate with DREP [old] (DREP). The following instructions will be helpful.

How to purchase DREP [old] (DREP) on Binance

The first step is to figure out how to make a purchase of DREP [old] (DREP).

Be aware that you have different alternatives for this process

To find out which alternatives you have when making a purchase, see the "Buy cryptos" menu on the Binance main page.

Needless to say you must log into your account to do this

Placing your mouse pointer over this button will display a list of alternatives for making your purchase.

Now you’ll need to show a legal document to corroborate your identity.

You can do this with your passport, ID card, or driver’s license.

Now, you will have to take a selfie, according to the application’s guidelines.

Once those steps have been fulfilled, the Binance platform will perform a confirmation process on your account.

All you have to do is wait patiently, Binance will send you an email as soon as your application has been approved.

Congrats! Now you’re officially licensed to trade DREP [old] (DREP). See the guidelines that follow.

Purchasing DREP [old] (DREP) on Binance

The first step is to learn how to buy a DREP [old] (DREP).

You may have more than one option 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 after you’ve logged in

Hovering your mouse pointer over this button will show a list of alternatives for making the purchase.

Did you know you could use your credit or debit card to buy DREP [old]?

What you need to do to purchase the DREP [old] (DREP) of your preference using a credit card, is to pick this option from the drop-down menu labeled "Buy Cryptos".

Keep on reading for detailed guidelines:

Now you should pick the currency you’d like to buy with and indicate the amount you want to invest.

The the DREP [old] (DREP) you’d like to buy must be indicated in the second field

After you do so, the system will immediately show you the number of DREP [old] (DREP) you will get, considering the amount of USD you have previously stated.

After that, just adhere to these directions:

Currency to be used and how much you will invest should be indicated in the next box.

Next, pick the DREP [old] (DREP) you are going to purchase

According the amount of USD you have previously indicated, the system will automatically display the quantity of DREP [old] (DREP) you’ll get.

Now select "Continue".

In case you decided to pay with a credit card, go to the "Visa/Mastercard" box and press the "Add card" option.

Card data must be indicated in this step, then click "Next".

Your credit card’s associated address should be specified next. Be very careful, since you’ll need to type it exactly as it is, otherwise your card won’t be approved. Then select "Add card".

When you see your card has been successfully added, press "Continue".

The next screen will display an overview of the transaction in its final stage. It includes the sum your card will be charged, the selected currency and the amount of DREP [old] (DREP) you will be credited.

Obviously, Binance will take a small amount as a commission for supporting the transaction, and that will be shown in that snapshot as well.

Within the next 60 seconds press "Confirm", there after the order will be automatically terminated.

The platform will now send you to the bank issuing the credit card. Proceed exactly as you usually do when making a payment with your credit card on the bank website.

When the banking procedure has been finished, you are already in possession of the purchased DREP [old] (DREP) in your Binance digital wallet (referred to as the «Spot Wallet»)

Buy DREP [old] (DREP) via Binance P2P

Next, you’ll be presented a summary of the operation about to be completed. That includes the amount you will pay, the selected currency and the amount of DREP [old] (DREP) bought.

It will also state the commission will be charged for the purchase.

At this point you have 1 minute to click on "Confirm", otherwise the order will automatically expire.

The system will now send you to the credit card issuing bank. Proceed just as you do when making a normal on-line credit card payment.

You may take a look at your Binance digital wallet (called the «Spot Wallet») after the banking process has been done and you’ll see your recently bought DREP [old] (DREP) already credited

Purchase DREP [old] (DREP) with Binance P2P

1. Go to the "Security" section of your profile.
2. Select "Payment" on the left-hand side of the screen.
3. Click on "Add a Payment Method" and the system will guide you through the rest of the process.

Now that the new payment method has been configured in your profile, go to the upper part of the screen and hover on "Buy Crypto" to drop-down the list of options and press "Trading P2P". Then see the following directions:

1. Click the "Buy" option found on the top bar of the "P2P Account" menu
2. The complete set of DREP [old] (DREP) available for purchase via P2P operations will be displayed in this list, so you will be able to choose the one you’re interested in. As for this example, we present «USDT».It is important to note that once you buy one of these cryptocurrencies through P2P trading, you will be able to exchange it for any of the foreign currencies that operate on the Binance platform.
3. Select the currency you want to pay with from the drop-down menu under the "Fiat" column, for instance, «VES».
4. You must type the amount in VES you’re going to invest in the "Amount" box.
5. Once you have indicated the method of payment, the Binance system will display a list of dealers’ ads.
6. From the list displayed list, you can choose any of the traders. Although it is advisable to select one with the «Verified» mark and better if a good percentage of completed sales is displayed.
7. Select "Buy USDT"
8. Write the amount in VES you would like to invest
9. Again, press "Buy USDT"
10. A purchase order has been generated and the seller and you will be able to contact each other for details, if needed. You have a time limit to complete, otherwise the order will be shut down by the system (something bad for your rating as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".

Learn how to transfer your DREP [old] (DREP) to the Spot Wallet

The seller, upon validating money reception, will automatically release the DREP [old] (DREP).

You may check your wallet account balance to confirm reception.

Take into account that your DREP [old] (DREP) must be in your Spot Wallet in case you want to get others, so you must send them there before.

To accomplish this, all you have to do is press "Transfer to Spot Wallet" once the purchase order has been completed.

In the event you didn’t follow this step, don’t be anxious, you can do it at any other time.

The right way to transfer your DREP [old] (DREP) to the Spot Wallet

Once you have completed a payment to the seller, they may release the DREP [old] (DREP), by confirming invoice of the payment.

The default place where DREP [old] (DREP) are added to is your account wallet.

Take into account that your DREP [old] (DREP) must be in your Spot Wallet in case you would want to buy others, so you will need to transfer them there before.

You can move them immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".

If you didn’t follow this step, don’t stress, you can move the cryptos at any other time.

1. Place the mouse pointer over "Wallet" and select "Wallet Funds" from the drop-down list.
2. Then press "Transfer" button at the top right.
3. Change the «From» and «To» options on the pop-up window to:
• From: "Funds"
• To: "Fiat and Spot"
4. For this article, we use «USDT» as an example, but you’ll obviously choose the currency you have
5. Type the amount you are transferring to the spot walet and press "Confirm".

With these funds already in your Spot Wallet, nothing keeps you from trading any crypto you think might yield the greatest profit.

Buy any cryptocurrency from Binance just following the instructions detailed below:

1. Pick the "Trading" menu in the top top panel.
2. Press "Convert" from the list.
3. Fill in the box the amount of «USDT» you would like to invest.
4. Choose the cryptocurrency you intend to get.
5. Press "Preview conversion".
6. Validate the operation and that’s it. You will have the amount of the selected cryptocurrency in your Spot Wallet.

That’s all! Now you will have money in the Spot Wallet so you will be able to trade any of the several of DREP [old] (DREP) that the Binance platform has.

Discover how easy is to buy any crypto from the Binance platform:

1. Look for the "Trading" menu in the top top panel.
2. In the list select the "Convert" option.
3. Fill in the box the sum of «USDT» you wish to invest.
4. Select the cryptocurrency you would like to buy.
5. Press "Preview conversion".
6. Validate the transaction and that’s all. You will have the amount of the chosen cryptocurrency in your Spot Wallet.

This article surely pictured you a detailed overview of what Binance is and how you can trade DREP [old] (DREP) on it.

Don’t wait any longer and begin generating an extra income.