How to buy HOdlcoin (HODL) on the Binance platform
There are many trading platforms on the Internet nowadays, but certainly Binance is one of the most popular and reputed.
However, if you wish to get started trading on it, the first thing you have to do is to discover ways to purchase HOdlcoin (HODL).
For this reason, on this page we’ll provide you with all what you need to know to purchase HOdlcoin (HODL) on the Binance crypto exchange.
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Discover ways to register on Binance
Subscribing to the Binance platform is the very first step you need to do.
Simply follow each one of the instructions below.
Search for the "Register" option in the Binance homepage and press on it to begin the registration process.
You have the direct link here.
Locate the "Register with a phone or email" button in the main page and press it.
iOS tablets or smartphones can be used to do this as well.
For the purpose of this guide, the e-mail address subscription process will be explained.
- From the drop-down list of countries, choose the one you’re living in.
- Next, type your e-mail address and a keycode. Be well aware that you will invest money, you should give importance to the password you choose
- Mark whether you would want to receive news and information directly from Binance in your inbox. Accept the "Terms of Service" and press "Create Account"
The Binance platform will automatically send a one-time-only activation code (NB: this is NOT your password) that you’ll type it in the corresponding line, then press "Send"
That’s it! You are now signed up with Binance.
Take a time to become familiar with the different areas of the Binance platform by visiting them.
This way you mayit will be possible to start trading HOdlcoin (HODL) quickly.
The ID checking is a mandatory step you must complete to get access to all these options.
Please, be well aware that it is only after you have fulfilled this protection measure that you’ll be able to start trading HOdlcoin (HODL).
In the following section, you’ll be guided on how to do it. Zero problems.
How to verify your account and get started on trading
Read the following instructions and become an authorized customer:
From the user profile menu, click on "Security"
Or simply look for the "Verify" button on the top of the navigator window
Locate the option "Identification" on the left side of the navigator window.
Pick your Country of Residence.
On this screen you’ll will immediately see three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
Begin by pressing "Start now" located by the "Verified" level.
A new window will pop-up, and there you’re going to give your personal data: Nationality, first name and last name, middle name and birth date. Also, make sure you provide the exact address of your residence
Now you’ll need to show a legal document to check your identity.
You can do this with your passport, ID card, or license.
Now the platform will require you to take a selfie under certain conditions.
The final step is on Binance’s side: a certification process that will take only a short time.
Now you have to wait until your profile has been accepted. Be patient, Binance is going to send you an email.
Congrats! Once you’ve received the confirmation you’re officially licensed to trade HOdlcoin (HODL). The following instructions will be helpful.
Buying HOdlcoin (HODL) on Binance
All right, account confirmed means you can begin purchasing HOdlcoin (HODL) right now.
Learning how to convert money into HOdlcoin (HODL) is actually quite easy.
At this point, the Binance platform will require you to provide a legal document for identity verification.
You can do this with your passport, ID card, or driver’s license.
Now the system will ask you to take a selfie following certain instructions.
The final step is on Binance’s side: a corroboration process that will take only a short time.
When your request has been approved, the platform is going to send you an e-mail, just be patient.
Congratulations! Once you’ve got the confirmation you’re officially authorized to buy HOdlcoin (HODL). The following guidelines will be helpful.
How to buy HOdlcoin (HODL) on Binance
OK, account verified was all you needed to begin buying HOdlcoin (HODL) right now.
The first thing is to figure out how to invest your money in HOdlcoin (HODL).
Some steps may have alternative paths
Look for the "Buy cryptos" menu on the Binance main page to find out which alternatives can be found when making a purchase.
Obviously, you’ll only be able to do this once you are logged in
Place your mouse over this option and a list of buying alternatives will be displayed.
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.
Now the platform will ask you to take a selfie following certain instructions.
When you have fulfilled the system’s requisites, you’ll have to wait a short time while your account is verified.
Now you have to wait until your request has been approved. Be patient, Binance will send you an e-mail.
Congratulations! Now you’re officially authorized to buy HOdlcoin (HODL). The following instructions will be helpful.
Purchasing HOdlcoin (HODL) on Binance
So, account validated means you can begin buying HOdlcoin (HODL) right now.
In this segment you’ll see how simple is to invest your money in HOdlcoin (HODL).
Some steps may have alternative paths
To find out which options you have when making a purchase, see the "Buy cryptos" menu on the Binance main page.
Needless to say you must log into your account to be able to do this
Hovering your mouse pointer over this option will display a list of alternatives for making the purchase.
Buying HOdlcoin (HODL) with a credit/debit card
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
Next, just stick to the following directions:
Now you must pick the currency you want to use and enter the amount you are going to invest.
The the HOdlcoin (HODL) you’d like to purchase must be indicated in the second field
According the amount of USD you’ve recently specified, the system will automatically show you the quantity of HOdlcoin (HODL) you’ll receive.
The following guidelines will help you in the process:
In the next box, select the currency you want to buy with and type how much you are going to invest.
Next, pick the HOdlcoin (HODL) you are going to buy
Taking into account the amount of USD you’ve just invested, the platform will immediately display the quantity of HOdlcoin (HODL) you’ll receive.
Click "Continue".
To add your credit card as a payment method, go to the "Visa/Mastercard" field and press the "Add card" button.
Indicate your card details and click "Next".
In this step you must write the address associated to the credit card. Enter it exactly as it is, then select "Add card".
Now that your card has been successfully included, press "Continue".
The system will now show you the details of the purchase order you are creating. The sum your card will be charged with the currency you’ve picked, and the HOdlcoin (HODL) you will receive.
Obviously, Binance will charge you a certain percentage as a commission for making the purchase, and that will be shown in that summary as well.
Now you have to acknowledge the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically aborted.
The Binance system will now send you to the credit card issuing bank. There you will make a standard online payment with your credit card.
Once the banking procedure has been done, you will have your purchased HOdlcoin (HODL) in your Binance e-wallet (referred to as the «Spot Wallet»)
Learn how to purchase HOdlcoin (HODL) via Binance P2P
You may get HOdlcoin (HODL) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. Payment method is the first setting you will add.
Next, all the important details of the operation will be presented: the amount you will pay and the corresponding currency, and obviously, the cryptos you are going to receive.
It will also indicate the commission you should pay for the transaction.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The platform will now redirect you to the bank issuing the credit card. Proceed just as you do when making a payment using your card on the bank website.
Your recently purchased HOdlcoin (HODL) will be available in your Binance e-wallet (called the «Spot Wallet») when the banking process has been completed
Buy HOdlcoin (HODL) with Binance P2P
You could get HOdlcoin (HODL) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber as well. Payment method is the first parameter you should define.
- Go to your profile and press "Security".
- Select "Payment" from the menu on the left.
- Once the "Add a Payment Method" option is chosen the system will guide you through the rest of the procedure.
Now that the new payment method has been included in your account, go to the upper part of the screen and pass over "Buy Crypto" to drop-down the list of options and choose "Trading P2P". Then see the following instructions:
- Click on the "Buy" button on the top bar of the "P2P Account" menu
- Here you can choose the HOdlcoin (HODL) you would like to buy, among all those available for buying via P2P operations. We use «USDT» for this guide.Buying any crypto through P2P trading allows the subscriber to exchange it on Binance for any of the foreign currencies available.
- Now you should choose the local currency you want to use, for example, «VES». Simply, place the list under the "Fiat" column.
- Use the "Amount" box to enter the amount in VES you’d like to invest to buy HOdlcoin (HODL).
- Choose the method of payment and wait for the platform to display the list of the traders that are offering HOdlcoin (HODL).
- Any of the sellers displayed in the list can be chosen, although it is advisable to select a verified one (with the blue diamond mark), and even better, a high-volume seller (gold star marking).
- Next press "Buy USDT"
- Now the amount you would want to pay in VES must be entered
- Press "Buy USDT" again
- Now a buying order has been opened and you’ll be able to contact the trader. Pay, click on "Transferred, Next", then press "Confirm". Note that there’s a limited time for you to make the payment.
Tips on how to transfer your HOdlcoin (HODL) to the Spot Wallet
When you have completed a payment to the seller, they will be able to release the HOdlcoin (HODL), by confirming payment reception.
This way, they will instantly be added to your wallet balance.
Although, in case you want to get any other HOdlcoin (HODL), you will need to move them to your Spot Wallet.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t do this, don’t be concerned, you can do it later.
Ways to transfer your HOdlcoin (HODL) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception validation has been done.
The place where HOdlcoin (HODL) are added to is your Binance wallet.
NB: you need to move them to your Spot Wallet in case you want to purchase another crypto.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t follow this step, don’t get worried, you can move the cryptos at any other time.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down list.
- The "Transfer" button is located at the top right. Press it.
- A pop-up window will open, where you must set the options to:
- From: «Funds»
- To: «Fiat and Spot»
- Choose the currency in which you have money, in the example right here we use «USDT»
- Type the amount you are moving for the Exchange and click "Confirm".
Perfect! Now you have money available to purchase any of the several HOdlcoin (HODL) in the Binance platform.
Find out how easy is to purchase any crypto from Binance:
- In the upper section, select the "Trading" option.
- Choose "Convert" from the list.
- Type the sum of «USDT» you would like to invest.
- Select the cryptocurrency you intend to buy.
- Select "Preview conversion".
- Confirm the transaction and that’s all. You now will have the amount of the selected crypto in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you believe could be worthwhile.
Purchase any crypto from the Binance platform just following the steps detailed below:
- Pick the "Trading" option in the upper section.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you want to spend.
- Now indicate the crypto you’re interested in.
- Click on "Preview conversion".
- Validate the transaction and that’s all. You will have the amount of the selected cryptocurrency in your Spot Wallet.
This article have surely pictured you a wide panorama of what Binance is and how you can do business with HOdlcoin (HODL) on it.
So, no need to think twice, make a fruitful business within the Binance platform.