No doubt one of the world’s leading trading platforms today is Binance.
Therefore, the first thing you should to do if you wish to start operating on it is to discover ways to buy Frax (FRAX).
Stay on this article and you will see everything you need to know about buying crypto on Binance.
There is only way to start trading within Binance: registering to it.
Simply follow each of the steps listed below.
Go to the Binance homepage and press on the "Register" button.
You may log in directly by pressing here.
Right now press the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple mobile devices as well.
In this guide, we’ll will describe how to do this with an e-mail.
Binance will automatically send a one-time-only activation password (NB: this is NOT the password you’ve created) that you’ll type it in the corresponding line, then press "Send"
And that’s all! You are now and authorized subscriber of Binance.
It would be a nice idea to browse the different options of the Binance platform and become familiar with them.
This way you canyou will be able to start trading Frax (FRAX) quickly.
To gain access to these options, you have to fulfill the ID verification.
Please, take into account that it will be only after you have fulfilled this safety measure that you’ll be authorized to start operating with Frax (FRAX).
However, you don’t need to worry, continue reading the next section to learn how to do it.
To become a certified user you have to complete the steps described below:
From the user profile menu, pick "Security"
You may also click the "Verify" button on the upper part of the screen
Look for the option "Identification" on the left part of the navigator window.
Choose your Country of Residence.
It displays you 3 verification levels: the current one, the Verified, and the Verified Plus.
Press the "Start now" button under the "Verified" label, since this is the beginning level.
In this step, some personal information wil be required:
Here, the Binance platform will require you to use a legal document for identity verification.
Use your passport, ID card or even your driver’s license to complete this step.
In the next step, you will be asked to take a selfie, according to the platform’s requirements.
When you have completed the platform’s guidelines, you will have to wait a while for the verification to be performed on your account.
As soon as your request has been accepted, you’ll be notified via e-mail, just be patient.
Congratulations! As soon as you’ve got the confirmation you’re officially licensed to trade Frax (FRAX). See the guidelines that follow.
Take a time to figure out how to convert money into Frax (FRAX).
It is time to verify your identity using a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Now the platform will ask you to take a selfie under certain conditions.
The final step will be made by the Binance platform: a certification process that will take only a short time.
Now wait patiently, Binance will let you know via e-mail as soon as your application has been approved.
Congrats! Now you’re officially enabled to trade Frax (FRAX). The following guidelines will be helpful.
Understanding how to invest your money in Frax (FRAX) is not so difficult.
Some steps would probably have optional paths
To know which alternatives you have when buying, see the "Buy cryptos" menu on the Binance main page.
You must, of course, do that after you’ve signed into your account
Hover your mouse on this key and a list of buying alternatives will deploy.
It is time to verify your identity with a legal document.
You can do this by using your ID card, passport, or driver’s license.
Now the system will require you to take a selfie following certain instructions.
After you have completed the platform’s requirements, you’ll have to wait a while for the confirmation to be applied to your account.
As soon as your application has been accepted, you’ll be informed via email, just be patient.
The following instructions will guide you through the Frax (FRAX) purchasing process. As soon as you’ve got the confirmation e-mail, you have become a Binance authorized Frax (FRAX) trader.
Take a time to know how to make a purchase of Frax (FRAX).
Some processes might have alternative paths
Look for the "Buy cryptos" menu on the Binance main page to know which options are available to you when making a purchase.
Needless to say you must be logged into your account to be able to do this
See all the different purchase options just by placing your mouse over this button.
The first thing you will do to purchase the Frax (FRAX) of your choice using a credit card, is to select this method from the "Buy Cryptos" drop-down list.
Continue reading for detailed guidelines:
Currency to be used and how much you will invest should be defined here.
In the next field you must choose the Frax (FRAX) you intend to get
The number of Frax (FRAX) you will get will depend upon the amount of USD you have previously stated. The Binance platform will automatically display it.
After that, just observe these instructions:
Currency to be used and amount of the investment should be specified in the next box.
The the Frax (FRAX) you’d like to purchase must be indicated in the second field
Once you do so, the system will automatically display the quantity of Frax (FRAX) you’ll receive, considering the amount of USD you’ve just specified.
Click "Continue".
To use your credit card as a payment method, pick in the "Visa/Mastercard" box the option "Add card".
Indicate your credit card data and press "Next".
The credit card’s associated address must be stated next. Try not to mistype a single character, since you’ll need to write it exactly as it is, otherwise the card won’t be accepted. Then press "Add card".
Press "Continue" after you check your card has been successfully added to your account as a new payment method.
Next, all the relevant details of the transaction will be presented: the sum you’ll pay and the corresponding currency, and of course, the cryptos you are going to get.
It will also show you the commission will be charged for the purchase.
Within the next 60 seconds click on "Confirm", from then on the order will expire automatically.
The Binance platform will now reroute you to the credit card issuing bank. Follow the instructions in the same way you would normally make a payment with your card.
Your recently bought Frax (FRAX) will be available in your Binance e-wallet (referred to as the «Spot Wallet») once the banking process is complete
The platform will now show you the synthesis of the buying order you are creating. The amount your card will be charged with the currency you’ve selected, and the Frax (FRAX) you will receive.
It will also let you know the commission will be charged for the operation.
At this point you have 1 minute to press "Confirm", otherwise the order will automatically expire.
The next step needs to be done on the credit card bank system. Then you will complete a normal on-line payment with your credit card.
Once the banking procedure has been completed, you will have your purchased Frax (FRAX) in your Binance e-wallet (called the «Spot Wallet»)
When the new payment method has been configured in your profile, locate the "Buy Crypto" menu in the upper bar of the navigator, click the "Trading P2P" option and follow the steps described below:
When you have completed a payment to the seller, they will be able to release the Frax (FRAX), just by confirming payment reception.
The default place where Frax (FRAX) are added to is your Binance wallet.
But in order for you to get any other Frax (FRAX), you must move them to your Spot Wallet.
To do this, all you have to do is press "Transfer to Spot Wallet" immediately after the buying order has been completed.
Should you forget to do this right after the purchase, there’s nothing to worry about: you’ll always be able to do it at any moment.
After you have made a payment to the trader, they will be able to release the Frax (FRAX), by confirming payment reception.
So, they will instantly be added to your account balance.
Note that you must send them to your Spot Wallet in order for you to get another cryptocurrency.
That’s quite simple: just click on "Transfer to Spot Wallet" once the purchase order is completed.
This Frax (FRAX) internal movement can be performed anytime later.
Perfect! Now you have money available to purchase any of the huge selection of Frax (FRAX) in the Binance platform.
See how simple is to purchase any cryptocurrency from the Binance platform:
With these money already in your Spot Wallet, nothing keeps you from trading any crypto you believe will be profitable.
Buy any crypto from Binance just following the steps described next:
This article have surely pictured you a detailed vision of what Binance is and how you can trade Frax (FRAX) on it.
Don’t wait any more and start earning an extra income.
In case you want to make money via cryptocurrencies, you would have to learn how to operate the Kucoin platform. This exchange is providing great benefits to any or all its users, in fact it is showing a lot more evolution in all its tradings.
If you would like to learn very easily how to purchase a Frax (FRAX) in Kucoin, you need to stay in this article.
After you have subscribed to Kucoin and complied the safety requirements, you must deposit your currency. This technique is rather easy, good news is that there are several alternatives to do that.
One of them should be to enter to the "Balance" or "Assets" section at the top right in the navigator screen and look for the "Deposit" link. And then, select the Frax (FRAX) you want to transfer into your account to purchase new cryptos, for instance, USDT.
After that, you will have to find the network you will use to complete the transaction. We all suggest Tron (TRC20) for it takes the lowest commissions.
Next is the the address you must write in the «Exchange» where you currently have the USDT you want to convert to Kucoin. Once you have already done this, you are going to get the funds in the main account immediately.
If that doesn’t work in the country you’re currently living, you can attempt moving funds to your account via P2P trading. This type of transaction implies that you make a traditional bank transfer to one of the listed traders to receive any of the official cryptos.
When you get the money in your account, it’s the perfect time to learn how to use the Kucoin platform.
Before buying a Frax (FRAX) on Kucoin you must send the money you have just purchased to the trading accounts. To get this done you must navigate to the «Balance» menu, click the main account, enter the cryptocurrencies after which choose «Transfer». This last option can be found on the same line than the currency you are going to use to complete the purchase.
If that does not work in your country, you can try moving funds to your account through P2P trading. This kind of purchase signifies that you actually make a bank transfer to any of the registered traders to receive any of the genuine cryptos.
Once you received the money in your account, it’s the perfect time to start using the Kucoin platform.
Before buying a Frax (FRAX) on Kucoin you need to transfer the money you’ve just purchased to the trading accounts. To achieve this you have to open the «Balance» menu, click the main account, enter the cryptocurrencies and choose "Transfer". This last option can be found on the same line than the currency you will use for the purchase.
After that, you are directed to a window to pick where you wish to send the funds. You should take from the «Main Account» to the "Trading Account", and indicate the currency and the quantity you decided to send to trade. Then click on "Confirm".
Now that you got the money in the account, you are ready to buy your crypto and start trading.
Here you will see how to buy Frax (FRAX) in different techniques. To begin, you should go to the «Trade» menu and select "Spot trading" (Spot Market). Next enter the acronym Frax (FRAX) in the search line at the top corner of the page.
The system will highlight the crypto pairs you are able to trade with.
In other words, you‘ll only be in a position to purchase Frax (FRAX) just with the crypto pairs it shows you.
In this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT since we’ve got funds in this set. When we accomplish that, it quickly loads the crypto graph and the order book containing the buy and sell businesses.
To be able to complete the transaction, you ought to enter the corresponding code.
At the bottom-right, the financial markets to trade crypto can be seen, enabling instantly «Spot». There we have 3 options to purchase Frax (FRAX). Next we’ll describe the options:
You can also configure the order activation yet process it at the greatest market price. You can do this by choosing "Stop Market", and writing in «Stop Price» the sum you prefer the Frax (FRAX) to achieve to trigger the order and the amount of USDT to spend. By simply clicking Buy Frax (FRAX), your buying order will be processed at the market rate when it is the identical to the stop price you have previously put.
With just one of these three alternatives, you already have the Frax (FRAX) tokens you’ve just purchased available in your trading account. From this moment you may operate with this or you can purchase other cryptos. Bear in mind that with Frax (FRAX) you will only be authorized to get the cryptos available in their pairs. Often you will need to trade your Frax (FRAX) for a crypto that mostly appears in the Frax (FRAX) pairs, such as BTC, USDT, and BNB, and then you can get the one you actually want.
Now you can buy a Frax (FRAX) via Kucoin.
| Exchange | Market Pairs | Buy |
|---|---|---|
| Uniswap (V2) | GAME/WETH | - |
| Poloniex | BTC/USDT | - |
| Gate.io | BTC/USDT | - |
| Uniswap (V3) (Polygon) | MYST/WMATIC | - |
| Uniswap (V3) | MIM/USDC | - |
| Curve Finance | USDC/MIM | - |
| IDEX | CRV/ETH | - |
| SushiSwap | MIM/WETH | - |
| SpiritSwap | WFTM/MIM | - |
| Solidly | MIM/USDC | - |
| TraderJoe | MIM/WAVAX | - |
| SpookySwap | WFTM/MIM | - |
| Solarbeam | MIM/USDC | - |
| ApeSwap (BSC) | ETC/WBNB | - |
| Sifchain | dvpn/rowan | - |
| OpenOcean | MIM/USDC | - |
| SushiSwap (Fantom) | BSGG/MIM | - |
| Hoo | MIM/USDT | - |
| Hotbit | PPC/USDT | - |
