Binance is among the world’s top-notch trading platforms.
Understanding how to purchase Karma (KRM) is essential if you’ would like to start operating on that platform.
Continue reading this article and you’ll discover everything you need to know about buying crypto on Binance.
To be capable of buying Karma (KRM) on Binance, the first thing you must know is how to open your account.
Hassle-free subscription: just follow the instructions listed below.
Proceed to the Binance main page and click on the "Register" button.
Click here to go straight to the Binance platform.
Look for the "Register with a phone or email" button in the main page and press it.
Apple phones or tablets can be used as well.
For the purpose of this guide, the email address registration technique will be shown.
Binance will automatically send a one-time-only activation code (remember: this is NOT the password you’ve created) that you’ll enter it in the corresponding line, then click on "Send"
You’re now a Binance user!.
You’ll see it’s simple to access the Binance platform and review all the options it has to offer.
You’ll realize how simple is to begin trading Karma (KRM).
The identity checking is a mandatory step you must complete to gain access to all these options.
It is very important to notice that unless you fulfill this security step, you will not get permission to start trading Karma (KRM).
No big deal, though. Read the next section to complete that step.
Read the following guidelines and become a certified end user:
On the main page, place the mouse pointer on the user profile button and a list will immediately show up where you will need to click on "Security"
Another option is to move to the top of the screen and click on the "Verify" button
Look for the option "Identification" on the left side of the screen.
Now you should select your country of residence.
The platform will show you 3 verification levels: the current one, the Verified, and the Verified Plus.
Press the "Start now" button below the "Verified" label, since this will be your beginning level.
A pop-up window will be displayed, and there you’re going to provide your personal data: Nationality, first name and surname, second name and date of birth. Besides, make sure you type the exact address of your residence
Next, you’ll need to provide a legal document to check your identity.
passport, ID card or even a driver’s license will be enough to complete this requirement.
Now, you will have to take a selfie, following the application’s guidance.
After you have completed the platform’s requirements, you’ll have to wait a moment while your account is verified.
As soon as your request has been approved, you will be notified via e-mail, just be patient.
The following instructions will guide you through the Karma (KRM) buying process. As soon as you’ve received the confirmation email, you are a Binance licensed Karma (KRM) trader.
In this section you’ll learn how easy is to make a purchase of Karma (KRM).
At this point, the Binance platform will require you to present a legal document for identity corroboration.
ID card, passport or even a driver’s license will be enough to fulfill this formality.
Now, you will be asked to take a selfie, according to the application’s instructions.
After you have completed the system’s requirements, you will have to wait a moment for the confirmation to be applied to your account.
All you need to do is wait patiently, Binance is going to let you know via e-mail once your profile has been accepted.
After that, it’s time to acquire Karma (KRM), just see the guidelines below.
In this segment you’ll learn how simple is to buy a Karma (KRM).
Some processes might have alternative paths
To find out which alternatives you have when making a purchase, see the "Buy cryptos" menu on the Binance main page.
Needless to say you must sign in to your account to do this
Hover your mouse over this key and a list of buying alternatives will be displayed.
The next step is to verify your identity using a legal document.
You can do this with your passport, ID card, or license.
Now, you will be asked to take a selfie, following the platform’s guidance.
Once those requirements have been fulfilled, the Binance platform will carry out a confirmation process on your account.
Now you have to wait until your profile has been approved. Be patient, Binance is going to send you an email.
The following instructions will guide you through the Karma (KRM) buying process. As soon as you’ve got the confirmation email, you’ve become a Binance licensed Karma (KRM) trader.
The first thing is to learn how to buy a Karma (KRM).
Some steps might have alternative paths
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Certainly, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this button will show a list of alternatives to make the purchase.
The first thing you need to do to buy the Karma (KRM) you want using a credit card, is to pick this option from the drop-down menu labeled "Buy Cryptos".
Next, just follow the following guidelines:
Currency preferred and amount of the investment should be indicated in the next box.
Next, select the Karma (KRM) you are going to get
The number of Karma (KRM) you’ll be given will depend upon the amount of USD you have previously stated. The Binance platform will automatically show it to you.
Continue reading for further instructions:
Now you must choose the currency you wish to buy with and type how much you are going to invest.
In the second field you must select the Karma (KRM) you would like to buy
The quantity of Karma (KRM) you are going to receive will depend upon the amount of USD you have just defined. The Binance platform will automatically show it to you.
Now select "Continue".
Now it’s time to indicate your method of payment. To pay with your credit card, select in the "Visa/Mastercard" field the button "Add card".
Enter your card details and click "Next".
In this step you must write the physical address details for the credit card. Following this, select "Add card".
With this step, your card will be added to the payment methods in your account. Press "Continue".
The next screen will display a summary of the transaction about to be completed. That includes the sum your card will be charged, the chosen currency and the amount of Karma (KRM) bought.
Certainly, Binance will claim a small amount as a commission for making the operation, and it will appear in that snapshot as well.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The following step has to be carried out on the credit card banking platform. Proceed exactly as you do when making a payment using your card on the bank website.
When the banking process has been finished, you are already in possession of the purchased Karma (KRM) in your Binance e-wallet (referred to as the «Spot Wallet»)
The next screen will display a snapshot of the operation about to be completed. It includes the sum your card will be charged, the selected currency and the quantity of Karma (KRM) you will receive.
It will also show you the commission will be charged for the purchase.
Now you must certify the order clicking on the "Confirm" button during the next 60 seconds, or it will be automatically terminated.
After this, you will be redirected towards the banking platform the credit card has been issued by. Then you should complete a normal on-line payment with your credit card.
You may check your Binance e-wallet (called the «Spot Wallet») as soon as the banking procedure is complete and you’ll see your recently bought Karma (KRM) already there
Now that the new payment method has been added to your profile, go to the top part of the screen and hover on "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following directions:
After you have made a payment to the trader, they may release the Karma (KRM), just by confirming invoice of the payment.
The place where Karma (KRM) are transferred to is your Binance wallet.
However, in order for you to get any other Karma (KRM), you will need to send them to your Spot Wallet.
You can do this immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
This Karma (KRM) internal transfer can be carried out whenever you need.
Once you have made a payment to the seller, they will release the Karma (KRM), by confirming receipt of the payment.
You may see your wallet account balance to confirm reception.
Nonetheless, you will need to send them to your Spot Wallet in case you would want to buy any other cryptocurrency.
You can move them immediately immediately after the buying order has been completed just by clicking "Transfer to Spot Wallet".
If 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.
All right! Now you have money available to purchase any of the numerous Karma (KRM) in the Binance platform.
See how simple is to buy any crypto from the Binance platform:
All right! Now you have funds available to buy any of the huge selection of Karma (KRM) in the Binance platform.
Purchase any cryptocurrency from Binance just following the steps detailed next:
You’ve already seen how easy is to commence doing business with Karma (KRM) on Binance.
Cryptos have come to stay, and Binance is a safe and friendly platform to do business. Start right now!
In case you like to make money by purchasing cryptocurrencies, you should figure out how to make use of the Kucoin platform. This trade is bringing great benefits to all its users, and it is showing increasingly more evolution in all its operations.
If you need to learn conveniently how to buy a Karma (KRM) in Kucoin, you have to stay in this post.
When you’ve created your account into the Kucoin platform and fulfilled the security requirements, you should deposit your cash. This procedure is rather easy, the best part is that there are several options to accomplish that.
One of them is to go to the «Balance» or «Assets» section at the top right of the navigator screen and look for the «Deposit» hyperlink. After that, select the Karma (KRM) you want to transfer into your personal account to purchase new cryptos, for instance, USDT.
Following this, you should select the network you will utilize to make the operation. We strongly advise Tron (TRC20) since it takes the lowest commissions.
Below is the the address you should write in the «Exchange» where you currently have the USDT you’d like to transfer to Kucoin. Once you have already done this, you will obtain the funds in the main account immediately.
If this doesn’t work in your country, you could try moving the money to your account through P2P trading. This kind of transaction signifies that you actually make a conventional bank transfer to any of the authorized traders to get any of the approved cryptos.
Once you obtained the funds in your account, it’s the perfect time to learn how to interact with the Kucoin website.
Purchasing a Karma (KRM) on Kucoin you need to send the money you have just purchased to the trading account. To do this you have to go to the "Balance" menu, click the main account, enter your cryptocurrencies and choose «Transfer». This last option can be situated on the same line than the currency you will use to complete the purchase.
If that does not work in the country you’re currently living, you should attempt moving the money to your account via P2P trading. This kind of deal implies that you make a bank transfer to one of the listed traders to receive any of the genuine cryptos.
Once you get the money in your account, it’s time for you to start using the Kucoin platform.
Before buying a Karma (KRM) on Kucoin you have to transfer the money you’ve just purchased to the trading accounts. To achieve this you must navigate to the «Balance» menu, click the main account, enter the cryptocurrencies and then choose "Transfer". This last option can be located on the same line than the currency you will use to complete the purchase.
After this, you are directed to a menu to choose where you wish to send the funds. You should transfer from the «Main Account» to the "Trading Account", and add the currency and the sum you wish to send to trade. Then click «Confirm».
Now that you got the cash in the account, you are ready to purchase your crypto and start trading.
Now we will discuss how to buy Karma (KRM) in different techniques. To begin, you should open the «Trade» menu and pick "Spot trading" (Spot Market). Then just enter the word Karma (KRM) in the search box in the top corner of the web page.
The platform will reveal the crypto pairs you are allowed to trade with.
In short, you will only be capable to purchase Karma (KRM) just with the crypto pairs it shows you.
In this case, you’re allowed do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT because we’ve got funds in this set. When we do it, it quickly loads the crypto chart and the order book containing the buy and sell procedures.
For being able to accomplish the transaction, you have to type the trading code.
At the bottom on the right-hand side, the platform shows us the financial markets to trade crypto, instantly enabling «Spot». There we have 3 ways to purchase Karma (KRM). Those are the following:
You can also set the order activation but process it at the ideal market price. You will do this by selecting «Stop Market», and typing in «Stop Price» the value you wish the Karma (KRM) to get to trigger the order and the amount of USDT to pay. By simply clicking Buy Karma (KRM), your buying order will be processed at the market rate when it is the just like the stop price you’ve just typed.
With just one of these three options, you already have the Karma (KRM) tokens you’ve just bought available in your trading account. From now on you can trade with this or you may want to buy any other cryptos. Bear in mind that with Karma (KRM) you’ll only be capable of get the cryptos available in their pairs. Often you will have to trade your Karma (KRM) for a crypto that is typically available in the Karma (KRM) pairs, such as BTC, USDT, and BNB, and after that you can get the one you actually wish.
Now you can start buying a Karma (KRM) at the Kucoin site.
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