How to purchase Dynamix (DYNA) on the Binance platform
Undoubtedly one of the world’s top trading platforms today is Binance.
Therefore, the first thing you should to do if you need to get started trading on it is to discover how to get Dynamix (DYNA).
Before stepping into the alluring realm of cryptocurrency on the Binance platform, you should get acquainted with the following.
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Discover how to register on Binance
To be able to buy Dynamix (DYNA) on Binance, the very first thing you need to know is how to open your account.
To do so, you will need to follow each of the guidelines listed below.
On the Binance homepage you have to locate the "Register" option and click on it.
You may log in directly by clicking here.
Now click on the "Register with a phone or email" button.
Apple phones or tablets can be used to do this as well.
For the purpose of this post, the e-mail address subscription technique will be described.
- First, pick the country from the drop-down list according to your place of residence.
- Now the crucial part: password. Create an alphanumeric word rare enough not to be simply guessed. Don’t use your birth date, middle name or things like that. Keep in mind that it’s your money what will have to be protected by that word
- Indicate if you want to receive information and news directly from Binance in your inbox. Accept the "Terms of Service" and click on "Create Account"
See the inbox at the e-mail address you utilized for sign up and search the activation code for your Binance account. Type it in the corresponding box and press "Send"
Finally, your Binance subscription has been activated.
Take a time to become familiar with the different areas of the Binance platform by browsing them.
That’s the best way to realize how practical the Binance platform is, and how quick you can start operating with Dynamix (DYNA).
Fulfill the required ID checking to enable all those options.
It is very important to note that unless you complete this protection measure, you will not be able to begin operating with Dynamix (DYNA).
In the next paragraphs, you’ll be guided about how to do that. Hassle-free.
Verify your Binance account to get started on trading
To be an authorized end user you must follow the steps described below:
From the user profile menu, click on "Security"
Another alternative is to move to the upper part of the navigator window and press the "Verify" button
Click "Identification" on the left menu.
Choose the Country of Residence.
On this screen you’ll will find 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Now you must choose "Verified", clicking on the "Start now" button under it.
Then it will show a pop-up window where you will have to provide the following info:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Residence address (exact).
Here, the Binance platform will require you to show a legal document for identity checking.
ID card, passport or even a license will be enough to complete this formality.
Follow the system guidelines to take a selfie.
The last step will be made by the Binance system: a verification process that will just take a while.
When your request has been approved, Binance is going to send you an email, just be patient.
Congrats! Now you’re officially enabled to operate with Dynamix (DYNA). See the guidelines that follow.
Buying Dynamix (DYNA) on Binance
So, account verified means you can begin purchasing Dynamix (DYNA) right now.
Understanding how to invest your money in Dynamix (DYNA) is not so difficult.
Next, you’ll need to use a legal document to check your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
Once those requirements have been completed, the Binance platform will carry out a confirmation process on your account.
Now you have to wait until your profile has been approved. Be patient, the platform will let you know via e-mail.
The following instructions will guide you through the Dynamix (DYNA) purchasing process. As soon as you’ve received the confirmation email, you’ve become a Binance licensed Dynamix (DYNA) trader.
Purchasing Dynamix (DYNA) on Binance
Since you have registered on the platform and got your account confirmed, you can start trading.
Learning how to make a purchase of Dynamix (DYNA) is not so difficult.
Some processes might have optional paths
Use the "Buy cryptos" menu on the Binance homepage to find out which alternatives can be found when making a purchase.
Certainly, you’ll only be able to do this once you are logged in
Find all the different purchase options just by placing your mouse over this button.
Now you’ll have to to present a legal document to support your identity.
Use your passport, ID card or even your license to complete this step.
In the next stage, you will be asked to take a selfie, according to the application’s guidance.
Now you’ll have to wait for a short time while an account verification process is performed.
When your request has been accepted, you will be notified via e-mail, just be patient.
Upon receiving that email it’s time to purchase Dynamix (DYNA), to do so see the instructions below.
Purchasing Dynamix (DYNA) on Binance
Since you have registered on the platform and got your account verified, you’re able to start trading.
Understanding how to convert cash into Dynamix (DYNA) is actually quite easy.
Some steps might have alternative paths
To know which options you have when making a purchase, look for the "Buy cryptos" menu on the Binance homepage.
Obviously, you’ll only be able to do this if you’re logged in
Hover your mouse over this key and a list of buying alternatives will deploy.
Using your debit or credit card to buy Dynamix (DYNA)
The first thing you will do to buy the Dynamix (DYNA) of your choice using a credit card, should be to choose this option from the "Buy Cryptos" drop-down list.
Read on for further instructions:
Currency to be used and how much to invest must be specified here.
Next, pick the Dynamix (DYNA) you are going to get
Depending on the amount of USD you’ve previously stated, the system will automatically display the number of Dynamix (DYNA) you’ll get.
Continue reading for detailed guidelines:
Currency preferred and amount of the investment should be specified in the next box.
In the second field you should select the Dynamix (DYNA) you intend to get
The quantity of Dynamix (DYNA) you are going to be given will depend upon the amount of USD you’ve recently specified. The Binance platform will automatically display it.
Click on "Continue".
In case you decided to pay with a credit card, select in the "Visa/Mastercard" box the button "Add card".
Then the platform will prompt you to type your CC data.
Now enter the physical address details for the card. After this, select "Add card".
Click "Continue" after you see your card has been successfully added to your user profile as a new payment method.
Next, you’ll see a summary of the operation about to be completed. That includes the amount your card will be charged, the selected currency and the quantity of Dynamix (DYNA) purchased.
It will also indicate the commission will be charged for the operation.
In less than 1 minute press "Confirm", from then on the order will be automatically aborted.
The next step needs to be done on the credit card bank platform. Follow the steps in the same way you would pay with your credit card.
When the banking procedure is complete, you are already in possession of the recently bought Dynamix (DYNA) in your Binance digital wallet (referred to as the «Spot Wallet»)
See how easy is how to buy Dynamix (DYNA) via Binance P2P
Another option you have to purchase a cryptocurrency is to exchange it
with another user. To do this, the first step is to specify the payment method you would want to make use of.
Next, all the relevant details of the transaction will be summarized: the amount you’ll pay and the corresponding currency, and of course, the cryptos you will get.
It will also show you the commission will be charged for the operation.
Now you must accept the order clicking on the "Confirm" button during the next 60 seconds, or it will be automatically shut down.
The platform will now redirect you to the credit card issuing bank. Follow the instructions in the same way you would make a payment with your credit card.
After the banking procedure is complete, you will have your purchased Dynamix (DYNA) in your Binance digital wallet (referred to as the «Spot Wallet»)
Learn how to buy Dynamix (DYNA) through Binance P2P
Another option you may use to get a cryptocurrency is to trade it
with another trader. You should indicate which payment method you want to use first.
- Login to the "Security" panel of your account.
- Select "Payment" on the left-hand side of the screen.
- As soon as the "Add a Payment Method" button is pressed the Binance platform will guide you through the rest of the procedure.
After you have added the new payment method to your profile, go to the "Buy Crypto" menu (top part of the display), find the "Trading P2P" option, and follow the directions below:
- Locate the "Buy" button on the top bar of the "P2P Account" tab and press it
- In this bar you will see all the Dynamix (DYNA) available for buying via P2P operations. Pick the one you would like to buy, for this exercise we will present «USDT» as an example.Any Dynamix (DYNA) bought in P2P trading could be exchanged by any of the currencies approved by Binance.
- Now you should choose the currency you want to make the payment with, for instance, «VES». Simply, drop down the list under the "Fiat" label.
- In the "Amount" box, type the amount in VES you wish to buy with.
- You will be able to see a register of dealers’ offers as soon as you have defined the payment method.
- Any of the traders shown in the list can be chosen, although it is advisable to choose a verified one (with the blue diamond badge), and better, a high-volume seller (gold star mark).
- Now click on "Buy USDT"
- Now the amount you want to pay in VES must be typed
- Press "Buy USDT" again
- Doing so will open a buying order where you will have contact with the trader. Complete the payment within the time limit and press "Transferred, Next" and then press "Confirm".
Tips on how to transfer your Dynamix (DYNA) to the Spot Wallet
Cryptos will be released by the seller as soon as money reception validation has been done.
The place where Dynamix (DYNA) are deposited is your account wallet.
Take into account that your Dynamix (DYNA) must be in your Spot Wallet in case you would want to purchase others, so you will need to send them there before.
To achieve this, you only need to press "Transfer to Spot Wallet" once the purchase order is completed.
Should you forget to follow this step right after the purchase, no problem at all: you’ll be able to do it later.
Ways to transfer your Dynamix (DYNA) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception acknowledge has been done.
You may verify your wallet Binance balance to confirm reception.
But in order for you to get any other Dynamix (DYNA), you will need to send them to your Spot Wallet.
That’s quite simple: just click on "Transfer to Spot Wallet" right after the purchase order has been completed.
If you forget to follow this step right after the purchase, there’s nothing to worry about: you’ll be able to do it at any moment.
- Select "Wallet Funds" from the "Wallet" drop-down menu.
- Locate the "Transfer" button on the upper right area of the navigator window and click on it.
- A pop-up window will open, where you should 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 cryptos you are about to transfer for the Exchange and press "Confirm".
That’s it! Now you will have funds in the Spot Wallet and you will be able to trade any of the several of Dynamix (DYNA) that the Binance platform has.
Purchase any cryptocurrency from the Binance platform just following the steps described below:
- Look for the "Trading" option in the top top section.
- From the list select the "Convert" alternative.
- Input the sum of «USDT» you want to invest.
- Select the crypto you intend to get.
- Click on "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, don’t fear to buy any crypto you consider might be profitable.
Buy any cryptocurrency from Binance just following the steps described next:
- Pick the "Trading" option in the top section.
- Press "Convert" from the list.
- Type the amount of «USDT» you want to invest.
- Choose the cryptocurrency you intend to buy.
- Click on "Preview conversion".
- Validate the transaction and that’s it. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
You’ve already learned how simple is to start out trading Dynamix (DYNA) on Binance.
Cryptos have come to stay, and Binance is a secure and friendly site to do business. Begin right now!