Purchasing FEED Token (FEED) on the Binance platform
Binance could be considered one of the world’s top trading platforms.
But if you wish to start operating on it, the first thing you should do is to figure out how to purchase FEED Token (FEED).
Stay on this post and you will discover all the information you need for purchasing crypto on Binance.
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Be able to register on Binance
Registering on the Binance platform is the very first step you must accomplish.
Simply follow each one of the instructions below.
On the Binance main page you have to locate the "Register" button and press it.
Here you have the direct link to Binance.
Once on the Binance platform click on the "Register with a phone or email" button.
This can also be done with any Apple phone.
For the purpose of this guide, the e-mail address subscription technique will be shown.
- In the screen you’ll immediately see, pick your country of residence from the drop-down list.
- Now the vital step: password. Choose an alphanumeric word difficult enough not to be simply guessed. Never use your name, birth date or things like that. Bear in mind that it’s your cash what will be secured by that password
- Indicate if you want Binance to send information and news direct to your email. Accept the "Terms of Service" and click on "Create Account"
See the inbox at the email address you indicate at sign up and search the activation code exclusive of your Binance account. Type it in the corresponding box and press "Send"
And that’s it! You are now and authorized subscriber of Binance.
You can now navigate the Binance platform and get to know all the options it has to offer.
That’s the best way to understand how friendly the Binance platform is, and how fast you can begin trading FEED Token (FEED).
To gain access to these options, you need to complete the identity verification.
Notice: No FEED Token (FEED) operation will be permitted if you omit this security measure.
But no need to worry, see the next section to know how to do it.
Verify your account to begin trading
To be an authorized subscriber you have to complete the steps below:
On the main page, hover the mouse on the user profile option and a list will immediately appear where you will press "Security"
You can also click on the "Verify" button at the top of the navigator window
In the list shown on the left-hand part of the screen, select the "Identification" option.
Country of residence is the first thing you must select.
Next you’ll will immediately find three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
Press the "Start now" button below the "Verified" label, since this will be your beginning level.
In this step, some personal information wil be required:
- Nationality.
- First Name and Surname.
- Middle name and birth date.
- Exact address of your residence.
- Second name and birth date.
- Second name and date of birth.
The next step is to corroborate your identity with a legal document.
passport, ID card or even a driver’s license will be enough to fulfill this formality.
Follow the system requirements to take a selfie.
When you have fulfilled the system’s instructions, you’ll have to wait a short time while your account is verified.
So, wait patiently, Binance is going to send you an email when your request has been accepted.
Congrats! Once you’ve got the confirmation you’re officially licensed to trade FEED Token (FEED). The following instructions will be helpful.
How to purchase FEED Token (FEED) on Binance
Now that you are subscribed to the platform and got your account approved, you can start trading.
Learning how to invest your money in FEED Token (FEED) is not so difficult.
Next, you’ll need to show a legal document to verify your identity.
ID card, passport or even a driver’s license are all valid documents to fulfill this condition.
Now, you will be asked to take a selfie, following the application’s guidance.
Once you have completed the system’s guidelines, you’ll have to wait a short time while your account is confirmed.
Now you have to wait until your request has been accepted. Be patient, Binance will let you know via email.
Congrats! Now you’re officially authorized to buy FEED Token (FEED). See the guidelines that follow.
Buying FEED Token (FEED) on Binance
Now that you have subscribed to the platform and got your account approved, you are OK to begin trading.
Understanding how to make a purchase of FEED Token (FEED) is actually quite easy.
Some processes would probably have alternative paths
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Needless to say you must be logged into your account to be able to do this
Find all the different buying options just by placing your mouse over this button.
Now you’ll need to show a legal document to support your identity.
You can do this with your ID card, passport, or license.
Now the platform will ask you to take a selfie following certain instructions.
Now you will have to wait for a short time while an account verification process is performed.
As soon as your request has been approved, Binance is going to send you an e-mail, just be patient.
Upon receiving that email it’s time to buy FEED Token (FEED), just follow the guidelines below.
Buying FEED Token (FEED) on Binance
Beginning your FEED Token (FEED) trading adventure has never been so simple, right?.
In this segment you’ll realize how simple is to buy a FEED Token (FEED).
Some steps would probably have optional paths
Use the "Buy cryptos" menu on the Binance main page to know which alternatives can be found when buying.
Needless to say you must login to your account to do this
Hovering your mouse pointer over this key will show a list of alternatives for making your purchase.
Did you know you could use your debit or credit card to buy FEED?
The first thing you need to do to purchase the FEED Token (FEED) of your preference using a credit card, should be to pick this method from the drop-down menu labeled "Buy Cryptos".
Read on for detailed guidelines:
Now you should choose the currency you want to buy with and enter how much you want to invest.
The the FEED Token (FEED) you’d like to get should be picked from the second field
After you do so, the system will automatically display the number of FEED Token (FEED) you will get, taking into account the amount of USD you’ve recently specified.
After that, just stick to these guidelines:
Currency to be used and amount of the investment should be defined here.
Next, pick the FEED Token (FEED) you’re going to buy
The quantity of FEED Token (FEED) you’ll receive will depend upon the amount of USD you have just indicated. The Binance platform will immediately display it.
Press "Continue".
In case you’re going to pay with a credit card, choose in the "Visa/Mastercard" field the button "Add card".
Type your card numbers and click "Next".
The next field is where you’ll indicate the address the credit card is associated to. Type it exactly as it is, then press "Add card".
Now that your new card has been included, press "Continue".
Next, all the important details of the transaction will be displayed: the amount you are paying and the corresponding currency, and of course, the cryptos you are going to receive.
In fact, Binance will charge you a small amount as a commission for supporting the operation, and it will be shown in that summary also.
At this point you have 1 minute to press "Confirm", otherwise the order will be automatically canceled.
After this, you’ll be sent to the banking platform the credit card has been issued by. Then you would complete a standard on-line payment using your credit card.
After the banking procedure has been completed, you are already in possession of the purchased FEED Token (FEED) in your Binance e-wallet (referred to as the «Spot Wallet»)
Purchase FEED Token (FEED) with Binance P2P
Another option you have to get a cryptocurrency is to exchange it
with another subscriber. Method of payment is the first setting you must indicate.
The next screen will display a summary of the transaction in its final stage. It includes the amount your card will be charged, the chosen currency and the quantity of FEED Token (FEED) purchased.
It will also let you know the commission will be charged for the transaction.
In less than 1 minute click on "Confirm", from then on the order will be automatically shut down.
The Binance platform will now reroute you to the bank issuing the credit card. Follow the steps in the same way you would pay with your credit card.
Once the banking process is complete, you are already in possession of the purchased FEED Token (FEED) in your Binance e-wallet (referred to as the «Spot Wallet»)
Buy FEED Token (FEED) via Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging FEED Token (FEED)
with another Binance trader. To do this, the first step is to define the payment method you want to work with.
- Go to "Security" in your account.
- Locate the "Payment" option in the menu you’ll see from the menu on the left and click on it.
- Click the "Add a Payment Method" button and follow the system guidance.
Now that the new method of payment has been configured in your account, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following steps:
- Look for the "Buy" option on the upper bar of the "P2P Account" tab and click it
- All the FEED Token (FEED) available for buying via P2P trading will be displayed in this menu, so you will be able to pick the one you’re interested in. In this guide, we will use «USDT».Buying one of these FEED Token (FEED) through P2P trading will allow the subscriber to exchange it on Binance for any of the currencies available.
- Locate the "Fiat" column on the upper menu and reveal the drop-down list to see all valid currencies. Let’s use «VES» in this example.
- In the "Amount" box, enter the sum in VES you intend to buy with.
- Select the method of payment and wait for the platform to show you all the dealers that are currently offering FEED Token (FEED).
- From the list list shown, you may pick any of the traders. However, it is advisable to choose one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Select "Buy USDT"
- Now the amount you would like to pay in VES must be input
- Again, press "Buy USDT"
- Doing so will open a buying order where you will have contact with the trader. Complete the payment within the time limit and click on "Transferred, Next" and then press "Confirm".
Learn how to transfer your FEED Token (FEED) to the Spot Wallet
Once you have completed a payment to the seller, they are going to release the FEED Token (FEED), just by confirming invoice of the payment.
You may check your wallet account balance to confirm reception.
Note that you will have to move them to your Spot Wallet in case you would want to purchase another crypto.
That’s easy: just click on "Transfer to Spot Wallet" once the purchase order is completed.
This FEED Token (FEED) internal transfer can be performed anytime later.
Ways to transfer your FEED Token (FEED) to the Spot Wallet
The trader, upon validating payment reception, will instantly release the FEED Token (FEED).
So, they will immediately be deposited into your wallet.
Take into account that your FEED Token (FEED) must be in your Spot Wallet in case you would want to purchase others, so you will have to move them there before.
That’s easy: just press "Transfer to Spot Wallet" once the purchase order is completed.
If you forget to do this right after buying the cryptos, no problem at all: you’ll be able to do it at any moment.
- Hover the mouse on "Wallet" and select "Wallet Funds" from the drop-down list.
- The "Transfer" option is located at the top right. Click on it.
- A new window will pop-up, where you must set the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Enter the amount you are transferring for the Exchange and click "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from purchasing any cryptocurrency you consider might be profitable.
Note how easy is to buy any crypto from the Binance platform:
- Look for the "Trading" menu in the top top section.
- From the listing select the "Convert" alternative.
- Type the amount of «USDT» you would like to invest.
- Now select the crypto you’re about to purchase.
- Press "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the chosen crypto in your Spot Wallet.
All right! Now you have money available to trade any of the numerous FEED Token (FEED) in the Binance platform.
To buy FEED Token (FEED) from the Binance platform what you just have to do is the following:
- In the top panel, look for the "Trading" option.
- Click on "Convert" from the list.
- Type the amount of «USDT» you wish to invest.
- Now indicate the crypto you’re about to purchase.
- Click on "Preview conversion".
- Validate the operation and that’s it. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
This post surely pictured you a detailed overview of what Binance is and how you can trade FEED Token (FEED) on it.
So, no time to waste, make a profitable business within the Binance platform.