Purchasing ICON (ICX) on Binance
There are many trading platforms today on the WWW, but undoubtedly Binance is among the most popular and innovative.
Learning how to purchase ICON (ICX) is crucial if you’d like to begin trading on that platform.
Stay on this article and you will see all what you need to know about buying crypto on Binance.
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Understand how to register on Binance
Opening a Binance account is the very first step you must accomplish.
Quick and easy registration: just follow the instructions listed below.
Visit the Binance main page and press on the "Register" option.
Click here to go straight to the Binance platform.
In the Binance main page you’ll find a button with the label "Register with a phone or email". Press it.
The Binance platform is totally compatible with iOS devices as well.
In this guide, we’ll will show you how to do this using an email address.
- First, select the country from the drop-down list according to your place of residence.
- Now the vital step: password. Define an alphanumeric word strange enough not to be simply guessed. Don’t use your name, birth date or things like that. Be well aware that it’s your property what will have to be protected by that word
- Now you must accept "Terms of Service" and, if you want to get information, news and updates from Binance in your e-mail address, click in the corresponding box
The Binance platform will immediately send an activation keycode (NB: this is NOT your password) that you’ll write it in the corresponding box, then press "Send"
Finally, your Binance subscription is active.
Take a time to get acquainted to the different areas of the Binance platform by browsing them.
This way you canit is possible to begin operating with ICON (ICX) without difficulty.
The identity checking is a mandatory step you must fulfill to get access to all those options.
Please, be well aware that it will be only after you have fulfilled this safety measure that you’ll get permission to start trading ICON (ICX).
In the following paragraphs, you’ll be guided about how to do that. Zero problems.
How to complete the verification of your Binance account and start trading
Read the next guidelines and become a certified subscriber:
On the main screen, place the mouse pointer on the user profile menu and a list will immediately show up where you will press "Security"
You can also click the "Verify" button on the upper part of the screen
Locate the option "Identification" on the left part of the screen.
Now you must select your country of residence.
Now, the 3 levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Begin by clicking on "Start now" just under the "Verified" level.
Then a pop-up window will appear and there you will need to tytpe the following data:
- Nationality.
- First Name and Surname.
- Second name and birth date.
- Exact address of your residence.
It is time to sustain your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
Follow the system guidelines to take a selfie.
The final step will be carried out by the Binance platform: a verification process that will take only a short time.
As soon as your profile has been accepted, you will be informed via e-mail, just be patient.
Congrats! Now you’re officially enabled to buy ICON (ICX). See the guidelines that follow.
Purchasing ICON (ICX) on Binance
Now that you have registered on the platform and got your account validated, you are able to begin trading.
Understanding how to invest your money in ICON (ICX) is not that hard.
Now you’ll have to to use a legal document to sustain your identity.
You can do this by using your ID card, passport, or driver’s license.
Follow the system guidance to take a selfie.
Now you’ll have to wait for a short time while an account verification process takes place.
Now you must wait until your profile has been approved. Be patient, Binance will let you know via email.
Congratulations! As soon as you’ve got the confirmation you’re officially licensed to operate with ICON (ICX). The following instructions will be helpful.
Purchasing ICON (ICX) on Binance
Since you are registered on the Binance platform and got your account verified, you can begin trading.
Learning how to make a purchase of ICON (ICX) is not that hard.
Some steps may have optional paths
To know which alternatives you have when buying, see the "Buy cryptos" menu on the Binance main page.
You should, of course, try this once you are logged into your account
Hovering your mouse pointer over this option will display a list of alternatives to make your purchase.
The next step is to corroborate your identity with a legal document.
You can do this with your ID card, passport, or license.
Follow the system requirements to take a selfie.
Now you will have to wait for a short period while an account confirmation process is performed.
Now you have to wait until your profile has been accepted. Be patient, Binance is going to send you an e-mail.
The following instructions will guide you through the ICON (ICX) purchasing process. As soon as you’ve received the confirmation email, you’ve become a Binance authorized ICON (ICX) trader.
Buying ICON (ICX) on Binance
All right, account validated means you can begin buying ICON (ICX) immediately.
Learning how to buy a ICON (ICX) is not so difficult.
Some steps would probably have alternative paths
See the "Buy cryptos" menu on the Binance homepage to know which options you have when making a purchase.
Needless to say you must log into your account to be able to do this
Unveil all the different purchase options just by hovering your mouse over this button.
Did you know you can use your debit or credit card for buying ICX?
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
These directions will be helpful to continue the process:
Now you must select the currency you’d like to buy with and specify how much you are going to invest.
Next, select the ICON (ICX) you are going to buy
When you do so, the system will immediately show you the quantity of ICON (ICX) you will get, according the amount of USD you’ve just specified.
Continue reading for detailed guidelines:
Currency to be used and how much to invest must be defined here.
Next, choose the ICON (ICX) you’re going to purchase
Once you do so, the system will immediately display the quantity of ICON (ICX) you are going to receive, considering the amount of USD you have recently defined.
Press "Continue".
In case you decided to pay with a credit card, pick in the "Visa/Mastercard" field the button "Add card".
Then the platform will ask you to enter your CC details.
Now write the physical address details of the card. Following this, select "Add card".
With this, your credit card will be added to the valid methods of payment in your account. Press "Continue".
Next, all the important details of the transaction will be displayed: the amount you’ll pay and the corresponding currency, and obviously, the cryptos you will get.
Certainly, Binance will take a small amount as a commission for supporting the operation, and it will appear in that overview also.
Now you must validate the order pressing the "Confirm" button within the following minute, or it will be automatically shut down.
The following step needs to be done on the credit card banking platform. Follow the directions in the same way you would normally make a payment with your credit card.
As soon as the banking procedure is complete, you are already in possession of the purchased ICON (ICX) in your Binance digital wallet (called the «Spot Wallet»)
Purchase ICON (ICX) with Binance P2P
You can buy ICON (ICX) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. Payment method is the first parameter you should indicate.
Next, all the important details of the operation will be summarized: the amount you’ll pay and the corresponding currency, and of course, the cryptos you will receive.
Obviously, Binance will claim a small amount as a commission for supporting the operation, and it will appear in that snapshot as well.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
After this, you’ll be sent towards the site of the bank issuing the credit card. Then you would make a standard online payment with your credit card.
Your recently purchased ICON (ICX) will be deposited to your Binance digital wallet (called the «Spot Wallet») as soon as the banking process is complete
Buy ICON (ICX) with Binance P2P
You could buy ICON (ICX) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance user too. To accomplish this, the first step is to state which payment method you wish to use.
- Go to the "Security" section of your profile.
- Locate the "Payment" option in the menu you’ll see on the left-hand side of the screen and choose it.
- Click the "Add a Payment Method" button and follow the platform guidance.
After the new method of payment has been included in your account, locate the "Buy Crypto" menu on the top bar of the navigator, press on the "Trading P2P" option and follow the directions described below:
- Locate the "Buy" button on the upper bar of the "P2P Account" menu and click it
- In this bar you will see the list of ICON (ICX) available for buying through P2P trading. Pick the one you want, in our case we will present «USDT» as an example.Note that any ICON (ICX) bought in P2P trading is allowed to be exchanged by any of the currencies approved by Binance.
- Choose the currency you want to use from the drop-down list under the "Fiat" column, for instance, «VES».
- You must input the sum in VES you’re going to invest in the "Amount" box.
- Select the payment method and wait for the system to show you the register of the traders that are currently offering ICON (ICX).
- From the list list shown, you can pick any of the sellers. However, it is recommendable to select a verified one and better if a high percentage of completed sales is displayed.
- Click on "Buy USDT"
- Type the amount in VES you want to invest
- Again, click on "Buy USDT"
- Now an order has been created and you’ll be able to contact the seller. Pay, press "Transferred, Next", then press "Confirm". Note that there’s a time limit for you to make the payment.
How to transfer your ICON (ICX) to the Spot Wallet
Once you have completed a payment to the seller, they will be able to release the ICON (ICX), just by confirming payment reception.
The place where ICON (ICX) are transferred to is your account wallet.
But in order for you to buy another ICON (ICX), you will need to send them to your Spot Wallet.
You can move them immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
In case you didn’t do this, don’t worry, you can do it at any other time.
Tips on how to transfer your ICON (ICX) to the Spot Wallet
Cryptos will be released by the seller as soon as payment reception acknowledge has been done.
This way, they will automatically be deposited into your wallet.
Take into account that your ICON (ICX) must be in your Spot Wallet in order for you to get others, so you need to transfer them there before.
You can do this immediately immediately after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after buying the cryptos, no problem at all: you’ll always be able to do it at any moment.
- Drop the "Wallet" list down and press on the "Wallet Funds" option.
- Locate the "Transfer" button on the upper right area of the navigator window and press it.
- In the pop-up window, change the «From» and «To» options to the following settings:
- From: "Funds"
- To: "Fiat and Spot"
- For The purpose of this post, we will use «USDT» as an example, but you’ll obviously choose the currency you have
- Type the amount you are about to send to the spot walet and click "Confirm".
Perfect! Now you have money available to trade any of the several ICON (ICX) in the Binance platform.
Note how easy is to buy any cryptocurrency from Binance:
- In the upper panel, loate the "Trading" option.
- Click on "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to invest.
- Now mark the cryptocurrency you’re about to get.
- Choose "Preview conversion".
- Validate the transaction and that’s all. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
That’s all! This way you will have money in the Spot Wallet and you will be able to trade any of the numerous ICON (ICX) within the Binance platform.
To buy ICON (ICX) from the Binance platform what you just have to do is the following:
- In the upper panel, look for the "Trading" option.
- In the list choose the "Convert" alternative.
- Enter the amount of «USDT» you wish to spend.
- Now indicate the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Confirm the operation and that’s all. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
This article surely pictured you a detailed panorama of what Binance is and how you can trade ICON (ICX) on it.
Cryptos are the future, and Binance is a secure and comfortable site to do business. Begin right now!