Buying Gro DAO Token (GRO) on Binance
There is no doubt one of the world’s top trading platforms nowadays is Binance.
But if you need to start operating on it, the first thing you must do is to figure out how to buy Gro DAO Token (GRO).
So, in this post we will supply you with all what you need to know to trade with Gro DAO Token (GRO) on the Binance crypto exchange.
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How to register on Binance
The only way to begin trading within the Binance platform is subscribing to it.
Registering onto the platform is quite simple: see the following instructions.
Search for the "Register" option in the Binance homepage and press on it to begin the registration process.
Go directly to Binance by clicking here.
In the Binance main page you’ll find a button with the label "Register with a phone or email". Click on it.
Apple tablets or smartphones can be used to do this as well.
For the purpose of this post, the email address registration technique will be described.
- First, pick the country from the drop-down list according to your place of residence.
- The next step is creating a secure password. This is quite relevant since it’s all about your money, so you must to invent a really robust one
- Whether you want 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 Now it only needs to be verified via email
Binance will automatically send an activation code (remember: this is NOT your password) that you’ll type it in the corresponding line, then click on "Send"
You’re now a Binance subscriber!.
Now you can 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 quick you can begin trading Gro DAO Token (GRO).
The ID verification is a required step you must complete to have access to all those options.
It is very important to note that unless you fulfill this safety step, you will not be authorized to start operating with Gro DAO Token (GRO).
No big deal, though. See the following paragraphs to complete that step.
Verify your account to start trading
The following are the steps to verify your Binance subscription and get the permission to begin trading:
Select "Security" from the drop-down list under the user profile section
Or just look for the "Verify" button on the upper part of the screen
In the list shown on the left-hand side of the screen, press on the "Identification" option.
Select the Country of Residence.
It will display you 3 verification levels: the current one, the Verified, and the Verified Plus.
Click on the "Start now" button under the "Verified" label, since this will be your beginning level.
Then a pop-up window will appear and there you should provide the following information:
- Nationality.
- First Name and Last name.
- Second name and date of birth.
- Exact address of your residence.
Here, the Binance platform will ask you to present a legal document for identity verification.
Use your passport, ID card or even your driver’s license to complete this step.
In the next stage, you will have to take a selfie, according to the application’s instructions.
The last step is on Binance’s side: a corroboration process that will just take a while.
As soon as your profile has been approved, Binance will let you know via email, just be patient.
The following instructions will guide you through the Gro DAO Token (GRO) purchasing process. As soon as you’ve received the confirmation email, you’ve become a Binance licensed Gro DAO Token (GRO) trader.
Purchasing Gro DAO Token (GRO) on Binance
So, account validated was all you needed to begin buying Gro DAO Token (GRO) immediately.
First you need to understand how to buy a Gro DAO Token (GRO).
It is time 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 guidelines to take a selfie.
Now you will have to wait for a short time while an account verification process is performed.
Once your request has been accepted, Binance will send you an e-mail, just be patient.
After that, it’s time to buy Gro DAO Token (GRO), to do so follow the guidelines below.
Purchasing Gro DAO Token (GRO) on Binance
Now that you have registered on the Binance platform and have your account validated, you’re able to start trading.
In this section you’ll discover how simple is to invest your money in Gro DAO Token (GRO).
Some steps may have optional paths
Look for the "Buy cryptos" menu on the Binance homepage to find out which alternatives are available to you when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Move your mouse over this button and a list of buying alternatives will deploy.
It is time to check your identity using a legal document.
Use your passport, ID card or even your driver’s license to complete this step.
Now the system will ask you to take a selfie following certain instructions.
After completing all those requirements, the Binance platform will do a confirmation process on your account.
Now you must wait until your profile has been approved. Be patient, the platform is going to let you know via e-mail.
Congrats! Now you’re officially enabled to buy Gro DAO Token (GRO). See the guidelines that follow.
Buying Gro DAO Token (GRO) on Binance
Beginning your Gro DAO Token (GRO) trading adventure has never been so simple, right?.
In this section you’ll discover how easy is to make a purchase of Gro DAO Token (GRO).
Some processes might have optional paths
To know which options you have when buying, browse through the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this if you’re logged in
Find all the different purchase options just by hovering your mouse over this button.
Learn how to use your debit or credit card for buying Gro DAO Token (GRO)
Pick the credit card-related option from the "Buy Cryptos" drop-down menu.
Read on for detailed guidelines:
Currency to be used and how much to invest must be stated in the next box.
In the second field you must select the Gro DAO Token (GRO) you would like to get
Once you do so, the system will automatically display the quantity of Gro DAO Token (GRO) you are going to receive, considering the amount of USD you have recently defined.
Read on for detailed guidelines:
In the next box, select the currency you want to use and specify the amount you are going to invest.
In the second field you must pick the Gro DAO Token (GRO) you would like to purchase
According the amount of USD you have just defined, the platform will immediately display the quantity of Gro DAO Token (GRO) you will be given.
Click on "Continue".
In case you want to pay with your credit card, pick in the "Visa/Mastercard" field the option "Add card".
Then the platform will ask you to indicate your credit card numbers.
Your credit card’s associated address should be stated next. Be very careful, since you must write it exactly as it is, otherwise your card might not be admitted. Then choose "Add card".
When you see your new card has been added, press "Continue".
The platform will now display the synthesis of the purchase order you are about to complete. The sum you are paying with the currency you have picked, and the Gro DAO Token (GRO) you will receive.
Another detail of relevance in this snapshot is the sum you’ll be charged as a commision for making the transaction.
Now you must certify the order pressing the "Confirm" button during the next minute, or it will be automatically shut down.
After this, you will be sent towards the site of the bank issuing the credit card. Proceed exactly as you do when making a payment using your credit card on the bank website.
When the banking process is complete, you are already in possession of the recently purchased Gro DAO Token (GRO) in your Binance digital wallet (called the «Spot Wallet»)
Purchase Gro DAO Token (GRO) via Binance P2P
Another option you may use to buy crypto is to trade it
with another trader. To achieve this, the first step is to define which payment method you wish to work with.
Next, you’ll see a quick view of the transaction in its final stage. That includes the sum your card will be charged, the selected currency and the quantity of Gro DAO Token (GRO) you will be given.
Another important detail in this summary is the amount Binance will charge you as a commision for making the operation.
At this point you have 60 seconds to click on "Confirm", otherwise the order will be automatically shut down.
Next, you will be sent to the site of the credit card issuing bank. Follow the steps in the same way you would normally generate a payment with your credit card.
Your recently purchased Gro DAO Token (GRO) will be available in your Binance e-wallet (called the «Spot Wallet») once the banking process is complete
Know how to purchase Gro DAO Token (GRO) via Binance P2P
That is a transaction made «Person To Person», i.e.: exchanging Gro DAO Token (GRO)
with another Binance user. To achieve this, the first step is to add the payment method you wish to work with.
- Go to the "Security" panel of your account.
- Locate the "Payment" option in the menu you’ll see on the left-hand side of the screen and choose it.
- After Selecting "Add a Payment Method" the Binance platform will guide you through the rest of the process.
Now that the new method of payment has been added to your profile, go to the top part of the screen and pass over "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following directions:
- Look for the "Buy" option on the upper bar of the "P2P Account" menu and press it
- Here you can pick the Gro DAO Token (GRO) you’re interested in, among all those available for purchase via P2P trading. We present «USDT» for this guide.Buying one of these Gro DAO Token (GRO) through P2P trading will allow the trader to exchange it on the Binance platform for any of the foreign currencies available.
- Choose the local currency you want to pay with from the drop-down list under the "Fiat" label, for example, «VES».
- In the "Amount" box, input the amount in VES you would like to buy with.
- After you have stated the payment method, the system will display a list of traders’ offers.
- Any of the sellers shown in the list can be selected, but it is advisable to choose a verified one (see the blue diamond mark), and better, a high-volume seller (golden star marking).
- Now click on "Buy USDT"
- In this step, the amount you wish to invest in VES must be entered
- Again, press "Buy USDT"
- This will open a buying order where you will be in touch with the seller. Complete the payment within the established time and click on "Transferred, Next" and then press "Confirm".
Tips on how to transfer your Gro DAO Token (GRO) to the Spot Wallet
The trader, upon receiving your payment, will automatically release the Gro DAO Token (GRO).
You may see your wallet Binance balance to confirm reception.
Take into account that your Gro DAO Token (GRO) must be in your Spot Wallet in order for you to get others, so you must move them there before.
To get this done, you only need to press "Transfer to Spot Wallet" once the buying order has been completed.
In the event you didn’t do this, don’t worry, you can do it at any other time.
Learn how to transfer your Gro DAO Token (GRO) to the Spot Wallet
When you have made a payment to the trader, they will be able to release the Gro DAO Token (GRO), by confirming payment reception.
So, they will automatically be added to your wallet balance.
Nonetheless, you will have to transfer them to your Spot Wallet in order for you to buy any other crypto.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after the purchase, 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 menu.
- See the "Transfer" button at the top right and press it.
- A pop-up window will open, where you should change the options to:
- From: «Funds»
- To: «Fiat and Spot»
- Choose the currency in which you have money, in the example here we use «USDT»
- Input the amount you are sending for the Exchange and press "Confirm".
That’s it! Now you will have funds in the Spot Wallet and you will be able to purchase any of the several of Gro DAO Token (GRO) within the Binance platform.
Buy any cryptocurrency from Binance just following the steps detailed below:
- Look for the "Trading" option in the top top section.
- From that list select the "Convert" option.
- Input the sum of «USDT» you would like to invest.
- Select the crypto you intend to purchase.
- Press "Preview conversion".
- Confirm the operation and that’s all. Now you will have the funds of the chosen crypto in your Spot Wallet.
Perfect! Now you have money available to buy any of the numerous Gro DAO Token (GRO) in the Binance platform.
Note how simple is to buy any crypto from the Binance platform:
- In the top panel, select the "Trading" option.
- From that listing select the "Convert" option.
- Fill in the box the sum of «USDT» you wish to invest.
- Now indicate the cryptocurrency you’re about to buy.
- Click on "Preview conversion".
- Validate the operation and that’s all. Now you will have the amount of the chosen crypto in your Spot Wallet.
This post have surely pictured you a wide vision of what Binance is and how you can do business with Gro DAO Token (GRO) on it.
Cryptos have come to stay, and Binance is a safe and practical place to do business. Begin today!