Learn how to buy Insight Protocol (INX) on the Binance platform
Binance is among the world’s most reputed trading platforms.
Therefore, the first thing you must to do if you’d like to start out trading on it is to figure out how to purchase Insight Protocol (INX).
Stay on this article and you will discover all what you need to know about purchasing crypto on Binance.
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Be able to register on Binance
To be able to buy Insight Protocol (INX) on Binance, one thing you must know indeed is how to subscribe.
Easy registration: just follow the detailed instructions below.
On the Binance main page you have to locate the "Register" button and click on it.
Here you have the direct access to Binance.
Look for the "Register with a phone or email" button in the homepage and press it.
Apple tablets or smartphones can be used to do this as well.
For the purpose of this article, the email address registration technique will be described.
- In the screen you’ll immediately see, choose your country of residence from the drop-down list.
- The next step is creating a secure password. This is quite important since it’s all about your money’s safety, so you need to create a really strong one
- Whether you want to be informed periodically via email 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
The Binance platform will automatically send a one-time-only activation code (NB: this is NOT the password you’ve created) that you’ll type it in the corresponding box, then press "Send"
And that’s it! You are now signed up with Binance.
Now you can navigate the Binance platform and review all the options it offers.
That’s the best way to understand how friendly the Binance platform is, and how quick you can begin operating with Insight Protocol (INX).
To have access to those options, the first thing you need to do is complete the identity verification.
It is very important to notice that unless you fulfill this safety measure, you will not get permission to start operating with Insight Protocol (INX).
No big deal, though. Read the next paragraphs to complete that step.
Verify your account to get started on trading
See the next instructions and become a certified subscriber:
On the main page, place the mouse pointer on the user profile menu and a list will immediately show up where you will press "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Look for the option "Identification" on the left part of the navigator window.
Here you’ll need to choose your country of residence.
It shows you 3 levels of verification: the current one, the Verified, and the Verified Plus.
Begin by pressing "Start now" just by the "Verified" level.
Then a pop-up window will display and there you will need to provide the following information:
- Nationality.
- First Name and Surname.
- Middle name and birth date.
- Residence address (exact).
It is time to corroborate your identity using a legal document.
ID card, passport or even a license will be enough to complete this condition.
Follow the system requirements to take a selfie.
Once those requirements have been completed, the Binance platform will perform a confirmation process on your account.
Now you have to wait until your profile has been accepted. Be patient, the system will send you an email.
Congratulations! Now you’re officially authorized to buy Insight Protocol (INX). The following guidelines will be helpful.
Purchasing Insight Protocol (INX) on Binance
Beginning your Insight Protocol (INX) trading career has never been so simple, right?.
First you need to learn how to buy a Insight Protocol (INX).
Now you’ll need to show a legal document to corroborate your identity.
ID card, passport or even a license will be enough to fulfill this formality.
In the next stage, you will be asked to take a selfie, according to the platform’s guidance.
Now you’ll have to wait for a short period while an account verification process takes place.
So, wait patiently, Binance will send you an email once your profile has been accepted.
After that, it’s time to purchase Insight Protocol (INX), to do so see the instructions below.
Buying Insight Protocol (INX) on Binance
Now that you are registered on the Binance platform and have your account approved, you can begin trading.
Learning how to convert cash into Insight Protocol (INX) is actually quite easy.
Take into account that you may have more than one option for this process
To find out which options are available to you when buying, see the "Buy cryptos" menu on the Binance main page.
You must, of course, try this once you are signed into your account
Move your mouse on this key and a list of buying alternatives will deploy.
At this point, the Binance platform will ask you to use a legal document for identity corroboration.
You can do this with your passport, ID card, or license.
Follow the system requirements to take a selfie.
The final step will be carried out by the Binance system: a certification process that will just take a while.
Now you must wait until your application has been accepted. Be patient, Binance will send you an e-mail.
The following instructions will guide you through the Insight Protocol (INX) buying process. As soon as you’ve received the confirmation e-mail, you are a Binance licensed Insight Protocol (INX) trader.
How to buy Insight Protocol (INX) on Binance
All right, account verified was all you needed to begin purchasing Insight Protocol (INX) right now.
The first step is to figure out how to buy a Insight Protocol (INX).
You may find different alternatives throughout the process
To know which options can be found when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
Needless to say you must be logged into your account to be able to do this
Placing your mouse pointer over this button will display a list of alternatives for making your purchase.
Did you know you can use your debit or credit card to purchase cryptocurrencies?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
After that, just follow the following guidelines:
Currency to be used and how much you’ll invest should be specified here.
In the next field you should select the Insight Protocol (INX) you wish to purchase
The quantity of Insight Protocol (INX) you will receive will depend upon the amount of USD you’ve recently defined. The Binance platform will automatically show it to you.
These directions will help you in the process:
Currency to be used and how much you will invest should be specified in the next box.
The the Insight Protocol (INX) you wish to buy should be picked from the second field
Considering the amount of USD you have previously stated, the platform will immediately show you the number of Insight Protocol (INX) you will get.
Click "Continue".
Now you must define the method of payment you’ll use. To pay with a credit card, choose in the "Visa/Mastercard" field the option "Add card".
Then the system will prompt you to indicate your credit card numbers.
In this step you must enter the address associated to the card. Type it exactly as it is, then choose "Add card".
Press "Continue" once you see your card has been successfully included in your user profile as a new method of payment.
Next, all the relevant details of the operation will be summarized: the sum to be charged on your credit card and the corresponding currency, and of course, the cryptos you are going to receive.
Obviously, Binance will take a small amount as a commission for supporting the operation, and it will appear in that overview as well.
In less than 1 minute click on "Confirm", and then the order will expire automatically.
The Binance system will now send you to the bank issuing the credit card. There you would make a standard online payment with your credit card.
You can take a look at your Binance digital wallet (referred to as the «Spot Wallet») once the banking procedure is complete and you’ll see your recently purchased Insight Protocol (INX) already there
Purchase Insight Protocol (INX) with Binance P2P
Another option you have to get a cryptocurrency is to trade it
with another subscriber. Method of payment is the first setting you should add.
Next, all the important details of the transaction will be displayed: the amount you’ll pay and the corresponding currency, and of course, the cryptos you are going to receive.
It will also indicate the commission you must pay for the operation.
You have 1 minute to press "Confirm", otherwise the order will be automatically terminated.
The following step needs to be carried out on the credit card bank platform. Proceed exactly as you usually do when making a standard online credit card payment.
You can check your Binance digital wallet (referred to as the «Spot Wallet») once the banking procedure is complete and you’ll see your recently bought Insight Protocol (INX) already there
Purchase Insight Protocol (INX) with Binance P2P
An optional way to buy crypto is to trade it
with another subscriber. To achieve this, the first step is to define the payment method you wish to apply.
- Login to the "Security" panel of your account.
- Select "Payment" from the menu on the left.
- Click on "Add a Payment Method" and the Binance platform will guide you through the rest of the procedure.
After you have added the new payment method to your profile, move to the "Buy Crypto" menu (upper bar of the navigator), pick the "Trading P2P" button, and follow the instructions below:
- On the top bar of the "P2P Account" menu, choose "Buy"
- In this bar you will see all the Insight Protocol (INX) available for buying via P2P trading. Choose the one you want, for this exercise we use «USDT» as an example.Note that any Insight Protocol (INX) purchased via P2P trading could be exchanged by any of the foreign currencies approved by Binance.
- Now you should choose the local currency you want to use, for example, «VES». Simply, drop down the list under the "Fiat" label.
- You need to type the amount in VES you’re going to use in the "Amount" box.
- You will see a list of traders’ ads a little while after you’ve selected the payment method.
- From the list displayed list, you can choose any of the sellers. It is recommendable to choose one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Press "Buy USDT"
- In this step, the amount you would want to invest in VES must be typed
- Select "Buy USDT" once again
- A purchase order has been generated and the trader and you will be able to contact each other for further details, in case you need it. You have a limited time to complete, if you fail doing so the order will be canceled by the platform (and that’s not good for your rating as a buyer). Once you paid, click on "Transferred, Next", then press "Confirm".
How to transfer your Insight Protocol (INX) to the Spot Wallet
When you have completed a payment to the seller, they will release the Insight Protocol (INX), just by confirming invoice of the payment.
You may see your wallet account balance to confirm reception.
But in case you would want to get another Insight Protocol (INX), you need to move them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" once the purchase order has been completed.
In the event you didn’t follow this step, don’t get worried, you can do it at any other moment.
Learn how to transfer your Insight Protocol (INX) to the Spot Wallet
The trader, upon confirming money reception, will automatically release the Insight Protocol (INX).
So, they will automatically be deposited into your wallet.
Take into account that your Insight Protocol (INX) must be in your Spot Wallet in order for you to get others, so you will have to transfer them there before.
To get this done, you only need to press "Transfer to Spot Wallet" right after the buying order has been completed.
Should you forget to do this right after the purchase, no problem at all: you’ll be able to do it at any moment.
- Drop the "Wallet" list down and click on the "Wallet Funds" option.
- Then click on the "Transfer" button on the upper right area of the screen.
- Configure the «From» and «To» options on the pop-up window to:
- From: Funds
- To: Fiat and Spot
- For The purpose of this article, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Set the cryptos you are moving for the Exchange and click "Confirm".
With these money already in your Spot Wallet, don’t fear to purchase any crypto you think will be profitable.
Purchase any cryptocurrency from Binance just following the steps described below:
- Pick the "Trading" option in the top top panel.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to invest.
- Select the cryptocurrency you wish to purchase.
- Select "Preview conversion".
- Validate the operation and that’s all. Now you will have the funds of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have funds available to trade any of the huge selection of Insight Protocol (INX) in the Binance platform.
To buy Insight Protocol (INX) from Binance all you have to do is the following:
- Select the "Trading" option in the top upper section.
- From that list select the "Convert" option.
- Indicate the amount of «USDT» you want to invest.
- Select the crypto you wish to purchase.
- Press "Preview conversion".
- Validate the operation and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
This article surely pictured you a wide vision of what Binance is and how you can do business with Insight Protocol (INX) on it.
Don’t wait any longer and start earning some extra money.