Learn how to buy Edain (EAI) on the Binance platform
Binance is among the world’s top trading platforms.
Learning how to trade with Edain (EAI) is crucial if you wish to begin trading on that platform.
Prior to getting into the exciting realm of crypto within the Binance platform, you need to get acquainted with the following.
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Discover how to register on Binance
To be able to buy Edain (EAI) on Binance, the very first thing you must know indeed is how to subscribe.
Registering the platform is simple: check the following instructions.
On the Binance homepage you must locate the "Register" button and press it.
Access directly to Binance by clicking here.
Look for the "Register with a phone or email" button in the main page and press it.
iOS mobile phones or tablets can be used as well.
For the purpose of this post, the e-mail address registration process will be described.
- In the window that is shown, choose your country of residence from the drop-down list.
- Now, type your e-mail address and a safety password. Be well aware that you are going to invest your money, so you ought to give importance to the password you set up
- Choose whether you would want to receive information and news directly from Binance in your inbox. Accept the "Terms of Service" and click on "Create Account"
Check the inbox at the email address you indicate at registration and search the activation code exclusive of your Binance account. Write it in the corresponding line and click on "Send"
You’re now a Binance user!.
It would be a nice idea to have a walk through the different options of the Binance platform and get acquainted to them.
You’ll discover how easy is to begin operating with Edain (EAI).
Complete the mandatory ID verification to enable all those options.
Please, take into account that it will be only after you have completed this security step that you’ll be authorized to start operating with Edain (EAI).
No big deal, though. Read the next section to complete that step.
How to verify your Binance account and begin trading
Read the next guidelines and become an authorized end user:
On the main screen, hover the mouse on the user profile button and a list will immediately show up where you will need to click on "Security"
You may also press "Verify" button on the upper part of the screen
Locate the option "Identification" on the left side of the navigator window.
Now you’ll have to choose your country of residence.
Next, the 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.
Begin by pressing "Start now" just by the "Verified" level.
A new window will pop-up, and there you’re going to give your personal info: Nationality, first name and surname, second name and date of birth. Also, make sure you type the exact address of your residence
It is time to check your identity using a legal document.
You can do this with your ID card, passport, or license.
Follow the system guidance to take a selfie.
The final step will be made by the Binance platform: a verification process that will take only a short time.
Now wait patiently, Binance is going to send you an email once your request has been approved.
The following instructions will guide you through the Edain (EAI) purchasing process. As soon as you’ve received the confirmation e-mail, you have become a Binance authorized Edain (EAI) trader.
Learn to buy Edain (EAI) on Binance
Since you are subscribed to the Binance platform and have your account approved, you’re able to start trading.
Take a time to understand how to buy a Edain (EAI).
The next step is to corroborate your identity with a legal document.
ID card, passport or even a driver’s license will be enough to complete this formality.
In the next stage, you will have to take a selfie, following the platform’s requirements.
Now you will have to wait for a short period while an account confirmation process is performed.
All you have to do is be patient, Binance will let you know via email when your request has been accepted.
The following instructions will guide you through the Edain (EAI) purchasing process. As soon as you’ve received the confirmation e-mail, you’re a Binance licensed Edain (EAI) trader.
Buying Edain (EAI) on Binance
OK, account approved was all you needed to begin buying Edain (EAI) immediately.
Take a time to learn how to convert money into Edain (EAI).
Be aware 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, make this happen once you are signed into your account
Unveil all the different purchase options just by hovering your mouse over this button.
At this point, the Binance platform will ask you to provide a legal document for identity corroboration.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
After you have completed the platform’s requirements, you’ll have to wait a moment while your account is verified.
Once your application has been approved, you will be informed via email, just be patient.
The following instructions will guide you through the Edain (EAI) trading process. As soon as you’ve received the confirmation email, you’ve become a Binance licensed Edain (EAI) trader.
Buying Edain (EAI) on Binance
Since you have registered on the Binance platform and have your account confirmed, you can start trading.
First you need to figure out how to convert money into Edain (EAI).
You will probably find more than one option throughout the process
To know which alternatives you have when buying, see the "Buy cryptos" menu on the Binance homepage.
Needless to say you must log into your account to do this
See all the different purchase options just by hovering your mouse over this button.
Did you know you can use your debit or credit card to purchase cryptos?
The first thing you must do to purchase the Edain (EAI) of your preference using a credit card, should be to pick this option from the "Buy Cryptos" drop-down menu.
Keep on reading for detailed guidelines:
In the next box, choose the currency you’d like to buy with and enter the amount you want to invest.
Next, choose the Edain (EAI) you are going to purchase
The number of Edain (EAI) you are going to be given will depend upon the amount of USD you have previously invested. The Binance platform will automatically show it to you.
These directions will be helpful to continue the process:
Now you should select the currency you’d like to use and specify the amount you are going to invest.
Next, select the Edain (EAI) you are going to get
Considering the amount of USD you have just stated, the platform will automatically display the number of Edain (EAI) you are going to be given.
Click "Continue".
Now you must indicate your method of payment. To pay with a credit card, choose in the "Visa/Mastercard" field the button "Add card".
Then the system will prompt you to type your CC details.
Now indicate the physical address details of the credit card. Following this, select "Add card".
With this, your credit card will be added to the valid methods of payment in your user profile. Click "Continue".
Next, all the important details of the transaction 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.
Indeed, Binance will claim a certain percentage as a commission for making the transaction, and it will be shown in that summary also.
Now you must certify the order clicking on the "Confirm" button during the following 60 seconds, or it will be automatically aborted.
The Binance platform will now reroute you to the credit card issuing bank. Follow the guidelines in the same way you would normally pay with your card.
You may take a look at your Binance e-wallet (called the «Spot Wallet») once the banking procedure is complete to find your recently bought Edain (EAI) already there
Purchase Edain (EAI) via Binance P2P
A different way to purchase crypto is to exchange it
with another user. You should specify which payment method you want to make use of first.
The system will now display the synthesis of the buying order you are about to complete. The amount you are paying with the currency you’ve chosen, and the Edain (EAI) you will get.
It will also indicate the commission you need to pay for the transaction.
In less than 1 minute press "Confirm", after that time the order will expire automatically.
The following step must be done on the credit card bank platform. There you should make a standard online payment using your credit card.
Your recently purchased Edain (EAI) will be credited to your Binance digital wallet (called the «Spot Wallet») when the banking procedure has been done
Purchase Edain (EAI) with Binance P2P
You may get Edain (EAI) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. To get this done, the first step is to add the payment method you want to use.
- Go to your account and press "Security".
- Locate the "Payment" option in the menu you’ll see from the menu on the left and select it.
- Click on "Add a Payment Method" and the system will guide you through the rest of the procedure.
Once the new payment method has been included in your account, locate the "Buy Crypto" menu in the upper bar of the navigator, press on the "Trading P2P" option and follow the directions described below:
- On the upper bar of the "P2P Account" tab, pick "Buy"
- The complete set of Edain (EAI) available for purchase via P2P trading will be displayed in this list, so you will be able to pick the one you want. As for this example, we use «USDT».It is important to note that when you purchase one of these cryptocurrencies in P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Select the local currency you want to pay with from the drop-down menu under the "Fiat" column, for instance, «VES».
- Use the "Amount" box to enter the sum in VES you’d like to invest to purchase Edain (EAI).
- Select the method of payment and wait for the system to display all of the dealers’ ads.
- From the list displayed list, you may pick any of the sellers. Although it is recommendable to choose a verified one and better if a high percentage of completed sales is displayed.
- Click on "Buy USDT"
- Type the amount in VES you would like to pay
- Again, click on "Buy USDT"
- That will open a buying order where you will be in touch with the seller. Complete the payment within the time limit and press "Transferred, Next", then press "Confirm".
Learn how to transfer your Edain (EAI) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception acknowledge has been done.
The default place where Edain (EAI) are deposited is your account wallet.
Although, in order for you to purchase any other Edain (EAI), you need to transfer them to your Spot Wallet.
To achieve this, you only need to press "Transfer to Spot Wallet" once the buying order has been completed.
Should you forget to do this right after the purchase, there’s nothing to worry about: you’ll be able to do it at any moment.
Ways to transfer your Edain (EAI) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
You may check your wallet account balance to confirm reception.
NB: you will need to send them to your Spot Wallet in order for you to purchase any other cryptocurrency.
To accomplish this, all you have to do is click on "Transfer to Spot Wallet" once the purchase order is completed.
This Edain (EAI) internal transfer can be performed anytime later.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down list.
- Then press "Transfer" option at the top right.
- A pop-up window will open, where you should set the options to:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency in which you have funds, in the example right here we use «USDT»
- Input the cryptos you are moving to the spot walet and press "Confirm".
Perfect! Now you have funds available to purchase any of the huge selection of Edain (EAI) in the Binance platform.
To buy Edain (EAI) from the Binance platform what you just have to do is described below:
- Find the "Trading" menu in the upper section.
- In the list choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to spend.
- Now mark the cryptocurrency you’re about to purchase.
- Click on "Preview conversion".
- Confirm the operation and that’s it. You now will have the funds of the chosen crypto in your Spot Wallet.
All right! Now you have funds available to trade any of the several Edain (EAI) in the Binance platform.
To buy Edain (EAI) from the Binance platform all you have to do is the following:
- In the upper panel, select the "Trading" menu.
- Choose "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Select the crypto you wish to get.
- Select "Preview conversion".
- Validate the operation and that’s it. You now will have the amount of the selected cryptocurrency in your Spot Wallet.
Based on the information above, you are now ready to start out trading on Binance.
The future of money trading relies on Edain (EAI)., and Binance is a secure and comfortable platform to do business. Start right now!