Purchasing EDC Blockchain v1 [old] (EDC) on Binance
There are many trading platforms today on the Internet, but undoubtedly Binance is among the most popular and innovative.
Understanding how to trade with EDC Blockchain v1 [old] (EDC) is vital if you need to begin operating on that platform.
Stay on this article and you will find everything you need to know about purchasing crypto on Binance.
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Figure out how to register on Binance
To be able to buy EDC Blockchain v1 [old] (EDC) on Binance, the initial step you must know is definitely how to register.
Subscribing the platform is simple: observe the following instructions.
Visit the Binance main page and press on the "Register" option.

Access directly to Binance by pressing here.
Look for the "Register with a phone or email" button in the main page and click on it.

iOS tablets or smartphones can be used as well.
For the purpose of this post, the e-mail address registration technique will be explained.
- From the drop down list of countries, pick the one you reside.
- Now the vital part: password. Select an alphanumeric word strange enough not to be simply deducted. Don’t use your birth date, middle name or things like that. Be well aware that it’s your money what will be protected by that word

- If you wish to be informed periodically via e-mail about Binance news, mark in the corresponding option. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Next step is the email verification
Binance will immediately send an activation code (NB: this is NOT your password) that you’ll write it in the corresponding line, then click on "Send"
That’s all! You are now and authorized subscriber of Binance.
It is a nice idea to browse the different options of the Binance platform and become familiar with them.
This way you mayit will be possible to start operating with EDC Blockchain v1 [old] (EDC) easily.
The identity checking is a required step you need to fulfill to get access to all those options.
Please, be well aware that it will be only after you have fulfilled this safety step that you’ll get permission to start trading EDC Blockchain v1 [old] (EDC).
However, you don’t need to worry, read the following instructions to know how to do it.
How to verify your Binance account and get started on trading
To become a certified Binance trader you have to follow the next steps:
Click on "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

Look for the option "Identification" on the left part of the navigator window.
Country of residence is the first thing you must pick.
Next, the three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.

Click on the "Start now" button below the "Verified" label, since this will be your beginning level.
In this step, you must provide certain personal information:
- Nationality.
- First Name and Last name.
- Second name and birth date.
- Residence address (exact).
- Second name and birth date.
- Middle name and birth date.
Next, you’ll have to to provide a legal document to sustain your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Now the system will require you to take a selfie following certain instructions.
After you have fulfilled the platform’s requirements, you’ll have to wait a short time for the verification to be performed on your account.
Now wait patiently, Binance will let you know via email when your profile has been approved.
Congratulations! Once you’ve got the confirmation you’re officially authorized to buy EDC Blockchain v1 [old] (EDC). The following instructions will be helpful.
Buying EDC Blockchain v1 [old] (EDC) on Binance
Since you have registered on the platform and have your account approved, you are OK to begin trading.
The first step is to learn how to make a purchase of EDC Blockchain v1 [old] (EDC).
Here, the Binance platform will ask you to show a legal document for identity corroboration.
Use your passport, ID card or even your license to complete this step.
Follow the system guidelines to take a selfie.
Now you will have to wait for a short period while an account confirmation process is performed.
Now you have to wait until your application has been approved. Be patient, the platform will let you know via email.
The following instructions will guide you through the EDC Blockchain v1 [old] (EDC) trading process. As soon as you’ve got the confirmation email, you’re a Binance authorized EDC Blockchain v1 [old] (EDC) trader.
Purchasing EDC Blockchain v1 [old] (EDC) on Binance
Since you have registered on the Binance platform and got your account approved, you are able to start trading.
In this section you’ll realize how simple is to make a purchase of EDC Blockchain v1 [old] (EDC).
You will probably have different options throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
![Start buying EDC Blockchain v1 [old] with a verified account on Binance](https://dnn.media/assets/images/markets/binance/6.png)
You must, of course, do that after you’ve logged into your account
Placing your mouse pointer over this key will display a list of alternatives to make your purchase.
Now you’ll need to provide a legal document to sustain your identity.
You can do this by using your ID card, passport, or license.
Follow the system instructions to take a selfie.
After completing all those steps, the Binance platform will perform a verification process on your account.
Now you must wait until your request has been accepted. Be patient, Binance is going to let you know via e-mail.
Congratulations! Now you’re officially enabled to operate with EDC Blockchain v1 [old] (EDC). See the guidelines that follow.
Buying EDC Blockchain v1 [old] (EDC) on Binance
Now that you are registered on the platform and got your account verified, you are able to start trading.
First you need to learn how to convert money into EDC Blockchain v1 [old] (EDC).
You will probably have different alternatives throughout the process
To know which alternatives you have when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
![Start buying EDC Blockchain v1 [old] with a verified account on Binance](https://dnn.media/assets/images/markets/binance/6.png)
You must, of course, make this happen after you’ve signed into your account
Hovering your mouse pointer over this key will display a list of alternatives for making your purchase.
Making use of your debit or credit card for buying cryptos
Select the credit card-related option from the "Buy Cryptos" drop-down list.
Read on for detailed guidelines:
Currency to be used and amount of the investment must be specified here.
![Select the crypto EDC Blockchain v1 [old] to buy with a verified account on Binance](https://dnn.media/assets/images/markets/binance/7.png)
Next, select the EDC Blockchain v1 [old] (EDC) you are going to purchase
The quantity of EDC Blockchain v1 [old] (EDC) you’ll get will depend upon the amount of USD you have recently stated. The Binance system will automatically display it.
Next, just observe these directions:
In the next box, choose the currency you wish to use and enter how much you are going to invest.
![Select the crypto EDC Blockchain v1 [old] to buy with a verified account on Binance](https://dnn.media/assets/images/markets/binance/7.png)
In the second field you should pick the EDC Blockchain v1 [old] (EDC) you’d like to get
The quantity of EDC Blockchain v1 [old] (EDC) you are going to be given will depend upon the amount of USD you have just defined. The Binance platform will immediately display it.
Now select "Continue".
In case you’re going to pay with your credit card, pick in the "Visa/Mastercard" field the button "Add card".
![Add your credit card to buy the crypto EDC Blockchain v1 [old] with a verified account on Binance](https://dnn.media/assets/images/markets/binance/8.png)
Enter your credit card details and press "Next".
In this step you must enter the physical address details of the credit card. After this, select "Add card".
Click "Continue" once you notice your card has been successfully added to your account as a new method of payment.
The platform will now show you the details of the order you are generating. The amount you will pay in the currency you have picked, and the EDC Blockchain v1 [old] (EDC) you will receive.
It will also let you know the commission you need to pay for the purchase.
Now you must accept the order pressing the "Confirm" button during the next 60 seconds, or it will be automatically terminated.
![Confirmation of the purchase for the crypto EDC Blockchain v1 [old] with a verified account on Binance](https://dnn.media/assets/images/markets/binance/9.png)
The next step must be done on the credit card bank system. Follow the guidelines in the same way you would normally pay with your credit card.
Your recently purchased EDC Blockchain v1 [old] (EDC) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking process is complete
Buy EDC Blockchain v1 [old] (EDC) through Binance P2P
That means «Person To Person», i.e.: trading EDC Blockchain v1 [old] (EDC)
with another Binance subscriber. In that case, you should add which payment method you would want to make use of first.
The system will now display the summary of the order you are about to complete. The sum you are paying with the currency you have selected, and the EDC Blockchain v1 [old] (EDC) you will receive.
Another important detail in this quick view is the percentage Binance will charge you as a commision for making the transaction.
Now you must certify the order clicking on the "Confirm" button within the following minute, or it will be automatically canceled.
![Confirmation of the purchase for the crypto EDC Blockchain v1 [old] with a verified account on Binance](https://dnn.media/assets/images/markets/binance/9.png)
The Binance platform will now send you to the credit card issuing bank. Then you will complete a normal online payment using your credit card.
Your recently purchased EDC Blockchain v1 [old] (EDC) will be deposited to your Binance digital wallet (referred to as the «Spot Wallet») after the banking procedure has been done
Buy EDC Blockchain v1 [old] (EDC) through Binance P2P
Another option you may use to get a cryptocurrency is to exchange it
with another trader. To do this, the first step is to indicate which payment method you want to make use of.
![Buy EDC Blockchain v1 [old] crypto in P2P with a verified account on Binance](https://dnn.media/assets/images/markets/binance/11.png)
- Go to the "Security" panel of your account.
- In the menu on the left-hand side choose "Payment".
- Press the "Add a Payment Method" button and follow the platform directions.
After you have configured the new payment method to your account, go to the "Buy Crypto" menu (top part of the screen), find the "Trading P2P" option, and follow the directions below:
- On the upper bar of the "P2P Account" tab, choose "Buy"
- The complete set of EDC Blockchain v1 [old] (EDC) available for purchase through P2P trading will be shown in this menu, so you will be able to choose the one you’re interested in. In this guide, we will use «USDT».Purchasing one of these EDC Blockchain v1 [old] (EDC) in P2P trading allows the user to exchange it on Binance for any of the currencies available.
- Select the currency you want to use from the drop-down menu under the "Fiat" label, for example, «VES».
- In the "Amount" box, enter the sum in VES you wish to invest.
- You will be able to see a list of dealers’ offers a little while after you’ve defined the payment method.
- From the list list shown, you can pick any of the traders. It is recommendable to select one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Select "Buy USDT"
- Type the amount in VES you wish to pay
- Click on "Buy USDT" again
- Now a purchase order has been created and you’ll be able to contact the seller. Pay, press "Transferred, Next" and then press "Confirm". Notice that there’s a limited time for you to make the payment.
The right way to transfer your EDC Blockchain v1 [old] (EDC) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
You may see your wallet Binance balance to confirm reception.
Take into account that your EDC Blockchain v1 [old] (EDC) must be in your Spot Wallet in case you would want to get others, so you need to transfer them there before.
You can do this immediately right after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
If you forget to follow this step right after the purchase, no problem at all: you’ll be able to do it later.
Learn how to transfer your EDC Blockchain v1 [old] (EDC) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception validation has been done.
You may verify your wallet Binance balance to confirm reception.
Note that you will have to move them to your Spot Wallet in case you want to buy another crypto.
You can do this immediately right after the buying order has been completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t follow this step, don’t be concerned, you can move the cryptos later.
![Transfer funds and EDC Blockchain v1 [old] crypto with a verified account on Binance](https://dnn.media/assets/images/markets/binance/12.png)
- Drop the "Wallet" menu down and select the "Wallet Funds" option.
- The "Transfer" button is located at the top right. Click on it.
- A new window will pop-up, where you must configure the options to:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Enter the amount you are moving to the spot walet and press "Confirm".
Perfect! Now you have funds available to purchase any of the huge selection of EDC Blockchain v1 [old] (EDC) in the Binance platform.
![EDC Blockchain v1 [old] exchange preview with a verified account on Binance](https://dnn.media/assets/images/markets/binance/13.png)
To buy EDC Blockchain v1 [old] (EDC) from the Binance platform all you have to do is the following:
- In the top panel, look for the "Trading" option.
- From that list choose the "Convert" alternative.
- Type the amount of «USDT» you wish to spend.
- Now mark the crypto you’re about to buy.
- Choose "Preview conversion".
- Confirm the transaction and that’s it. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, don’t fear to purchase any crypto you think might be profitable.
![EDC Blockchain v1 [old] exchange preview with a verified account on Binance](https://dnn.media/assets/images/markets/binance/13.png)
Discover how easy is to purchase any crypto from the Binance platform:
- Pick the "Trading" option in the top panel.
- Click on "Convert" from the list.
- Type the sum of «USDT» you wish to spend.
- Now mark the cryptocurrency you’re interested in.
- Click on "Preview conversion".
- Confirm the transaction and that’s it. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
Based on the information above, you are now ready to commence trading on Binance.
Don’t wait any more and begin generating an extra income.