Learn how to purchase IC DEFI (ICD) on the Binance platform
There are a lot of trading platforms on the ’net nowadays, but certainly Binance is one of the most popular and innovative.
But if you need to start trading on it, the first thing you must do is to discover how to purchase IC DEFI (ICD).
This article is intended to guide the reader on how to buy IC DEFI (ICD) on the Binance IC DEFI (ICD) exchange.
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Be able to register on Binance
The only way to get started in trading on Binance is opening an account in it.
Easy registration: just follow the guidelines listed below.
Search for the "Register" option in the Binance homepage and click on it to begin the registration process.
Click here to go straight to the Binance platform.
At this point click on the "Register with a phone or email" button.
You can also do this using your iOS mobile.
For the purpose of this guide, the email address subscription process will be described.
- In the window you’ll immediately see, pick your country of residence from the drop down list.
- The next step is defining a secure password. This is quite important since it’s all about your money, so you have to create a robust one
- In this step you must accept "Terms of Service" and, if you want to get information, news and updates from Binance in your e-mail address, check in the corresponding box
Binance will automatically send a one-time-only activation password (NB: this is NOT the password you’ve created) that you’ll enter it in the corresponding line, then press "Send"
You’re now a Binance subscriber!.
Now you may enter the Binance platform and review all the options it offers.
This way you canit is possible to start trading IC DEFI (ICD) conveniently.
The ID verification is a required step you must fulfill to gain access to all those options.
It is very important to notice that unless you fulfill this safety step, you will not be allowed to begin trading IC DEFI (ICD).
In the next instructions, you’ll learn how to do that. Zero problems.
Verify your Binance account to get started on trading
To become a certified subscriber you have to follow the next steps:
On the main screen, hover the mouse on the user profile button and a list will immediately show up where you will click on "Security"
Or just look for the "Verify" button on the upper part of the navigator window
In the list displayed on the left-hand part of the screen, press on the "Identification" option.
Country of residence must be chosen here.
Now, the three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
will be shown on screen.
To begin, press "Start now" located under the "Verified" level.
A pop-up window will be displayed, and there you will have to provide your personal info: Nationality, first name and surname, middle name and date of birth. Besides, make sure you give the exact address of your residence
At this point, the Binance platform will require you to present a legal document for identity corroboration.
Use your ID card, passport or even your driver’s license to complete this step.
Now the system will ask you to take a selfie following certain instructions.
Now you’ll have to wait for a short time while an account verification process is performed.
As soon as your request has been approved, you will be informed via email, just be patient.
The following instructions will guide you through the IC DEFI (ICD) purchasing process. As soon as you’ve received the confirmation email, you’ve become a Binance authorized IC DEFI (ICD) trader.
Buying IC DEFI (ICD) on Binance
Now that you are registered on the Binance platform and got your account validated, you’re OK to begin trading.
Understanding how to make a purchase of IC DEFI (ICD) is actually quite easy.
Now you’ll need to use a legal document to sustain your identity.
You can do this with your ID card, passport, or license.
Now the system will require you to take a selfie under certain conditions.
After you have fulfilled the system’s requisites, you’ll have to wait a moment while your account is verified.
Now be patient, Binance will let you know via email as soon as your request has been approved.
The following instructions will guide you through the IC DEFI (ICD) trading process. As soon as you’ve received the confirmation e-mail, you’re a Binance licensed IC DEFI (ICD) trader.
How to buy IC DEFI (ICD) on Binance
Since you are subscribed to the platform and got your account verified, you are OK to begin trading.
Learning how to convert money into IC DEFI (ICD) is actually quite easy.
Some steps may have alternative paths
The "Buy cryptos" menu on the Binance main page should be your reference when making a purchase.
You should, of course, do this once you are signed into your account
Find all the different purchase options just by hovering your mouse over this button.
Next, you’ll need to show a legal document to sustain your identity.
You can do this with your ID card, passport, or license.
Now, you will be asked to take a selfie, according to the application’s instructions.
Now you’ll have to wait for a short time while an account confirmation process is performed.
Now you must wait until your request has been accepted. Be patient, Binance is going to let you know via e-mail.
Upon receiving that email it’s time to purchase IC DEFI (ICD), to do so see the instructions below.
Buying IC DEFI (ICD) on Binance
OK, account verified means you can begin purchasing IC DEFI (ICD) right now.
Learning how to convert money into IC DEFI (ICD) is actually quite easy.
Some processes may have optional paths
To find out which alternatives can be found when buying, see the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this after you’ve logged in
Unveil all the different purchase options just by hovering your mouse over this button.
Making use of your credit or debit card for buying IC DEFI (ICD)
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
Read on for further instructions:
Currency preferred and how much to invest should be specified in the next box.
Next, pick the IC DEFI (ICD) you are going to purchase
The quantity of IC DEFI (ICD) you will receive will depend upon the amount of USD you’ve previously specified. The Binance system will automatically show it to you.
The following guidelines will be helpful to continue the process:
In the next box, choose the currency you want to use and specify how much you are going to invest.
The the IC DEFI (ICD) you would like to purchase should be selected from the second field
Considering the amount of USD you have just defined, the system will immediately display the quantity of IC DEFI (ICD) you are going to receive.
Click on "Continue".
Now it’s time to define the method of payment you’ll use. To pay with your credit card, pick in the "Visa/Mastercard" field the option "Add card".
Card details must be typed in this step, then press "Next".
In this step you must enter the address the credit card is associated to. Write it exactly as it is, then select "Add card".
With this, your credit card will be added to the valid methods of payment in your account. Press "Continue".
The system will now show you the synthesis of the buying order you are creating. The amount you will pay in the currency you’ve picked, and the IC DEFI (ICD) you will get.
Another important detail in this snapshot is the sum Binance will charge you as a commision for making the purchase.
You have 1 minute to click on "Confirm", otherwise the order will be automatically shut down.
The Binance platform will now send you to the bank issuing the credit card. Follow the directions in the same way you would normally pay with your credit card.
You can check your Binance digital wallet (called the «Spot Wallet») after the banking procedure has been finished and you’ll find your recently purchased IC DEFI (ICD) already there
Purchase IC DEFI (ICD) with Binance P2P
You could get IC DEFI (ICD) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. Method of payment is the first parameter you must state.
The system will now show you the synthesis of the purchase order you are creating. The sum you are paying in the currency you’ve selected, and the IC DEFI (ICD) you will receive.
It will also state the commission you must pay for the purchase.
Now you must certify the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically aborted.
The platform will now redirect you to the credit card issuing bank. Proceed just as you do when making a payment using your card on the bank website.
Your recently bought IC DEFI (ICD) will be credited to your Binance digital wallet (referred to as the «Spot Wallet») when the banking process has been done
Buy IC DEFI (ICD) with Binance P2P
You could buy IC DEFI (ICD) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber as well. Payment method is the first setting you will add.
- Login to the "Security" section of your profile.
- In the list on the left-hand side click on "Payment".
- After choosing "Add a Payment Method" the system will guide you through the rest of the procedure.
Once you finished adding the new payment method to your profile, move to the "Buy Crypto" menu (top bar of the navigator), select the "Trading P2P" button, and follow the guidance below:
- Click the "Buy" button found on the upper bar of the "P2P Account" menu
- In this bar you’ll see the list of IC DEFI (ICD) available for buying via P2P operations. Select the one you want, here we will use «USDT» as an example.Buying any crypto via P2P trading will allow the user to exchange it on Binance for any of the currencies available.
- Choose the local currency you want to pay with from the drop-down menu under the "Fiat" label, for example, «VES».
- Use the "Amount" box to input the amount in VES you’d like to invest to buy IC DEFI (ICD).
- After you have stated the method of payment, the platform will display a register of dealers’ offers.
- From the list list shown, you can pick any of the traders. Although it is recommendable to choose a verified one and better if a good percentage of completed sales is displayed.
- Now select "Buy USDT"
- In this step, the amount you would like to pay in VES must be input
- Again, click on "Buy USDT"
- Now an order has been generated and you’ll be able to contact the trader. Pay, click on "Transferred, Next" and then press "Confirm". Note that there’s a limited time for you to make the payment.
How you can transfer your IC DEFI (ICD) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception acknowledge has been done.
This way, they will quickly be deposited into your wallet.
Take into account that your IC DEFI (ICD) must be in your Spot Wallet in order for you to buy others, so you must transfer them there before.
You can move them immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
This IC DEFI (ICD) internal movement can be done whenever you need.
How to transfer your IC DEFI (ICD) to the Spot Wallet
The seller, upon confirming money reception, will instantly release the IC DEFI (ICD).
You may verify your wallet account balance to confirm reception.
Take into account that your IC DEFI (ICD) must be in your Spot Wallet in case you would want to purchase others, so you will have to send them there before.
You can do this immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t do this, don’t stress, you can move the cryptos at any other time.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- Locate the "Transfer" option on the upper right area of the navigator window and press it.
- A pop-up window will open, where you must configure the options to:
- From: "Funds"
- To: "Fiat and Spot"
- For The purpose of this article, we will use «USDT» as an example, but you’ll obviously indicate the currency you have
- Type the amount you are about to send for the Exchange and press "Confirm".
Perfect! Now you have money available to purchase any of the numerous IC DEFI (ICD) in the Binance platform.
Purchase any crypto from Binance just following the instructions detailed below:
- Find the "Trading" option in the upper panel.
- Press "Convert" from the list.
- Input the amount of «USDT» you would like to invest.
- Choose the cryptocurrency you would like to buy.
- Click on "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the chosen crypto in your Spot Wallet.
All right! Now you have money available to purchase any of the several IC DEFI (ICD) in the Binance platform.
Buy any crypto from the Binance platform just following the instructions detailed next:
- Pick the "Trading" option in the top upper section.
- Choose "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Now select the cryptocurrency you’re interested in.
- Choose "Preview conversion".
- Validate the operation and that’s it. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
You’ve already seen how simple is to start doing business with IC DEFI (ICD) on Binance.
So, no time to waste, make a fruitful business within the Binance platform.