Buying Kols Offering Token (KOT) on the Binance platform
You can find several trading platforms today on the Internet, but without a doubt Binance is among the most popular and reputed.
However, if you’ would like to begin trading on it, the first thing you need to do is to discover how to get Kols Offering Token (KOT).
Stay on this post and you’ll find all what you need to know about purchasing crypto on Binance.
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Be able to register on Binance
Opening a Binance account is the very first step you need to do.
No complicated subscription: just follow the guidelines below.
On the Binance main page you must locate the "Register" button and press it.
You have the direct access here.
Once on the Binance platform press the "Register with a phone or email" button.
Apple tablets or smartphones can be used as well.
In this guide we’ll will show you the registration technique using an e-mail address.
- First, pick the country from the drop-down list according to your place of residence.
- Now, write your email address and a password. Keep in mind that you are going to trade money, you have to give importance to the password you select
- Here you must accept "Terms of Service" and, if you would want to receive information, updates and news from Binance in your e-mail address, click in the corresponding box
Check the inbox of the email address you utilized for signing up and search the activation code for your Binance account. Type it in the corresponding box and click on "Send"
And that’s all! You are now and authorized subscriber of Binance.
Now you may navigate the Binance platform and observe all the options it offers.
You’ll immediately notice how simple is to start trading Kols Offering Token (KOT).
Fulfill the required identity checking to enable all those options.
It is very important to notice that unless you complete this security step, you will not be able to start trading Kols Offering Token (KOT).
No big deal, though. Continue reading through the next section to complete that step.
Learn to complete the verification of your Binance account and begin trading
See the following instructions and become an authorized end user:
From the user profile menu, pick "Security"
Another alternative is to move to the upper part of the navigator window and click on the "Verify" button
Look for the option "Identification" on the left side of the navigator window.
Choose your Country of Residence.
Next, the three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.
Now you must select "Verified", pressing the "Start now" button below that label.
At this point, you must provide some personal data:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Residence address (exact).
- Second name and date of birth.
- Middle name and date of birth.
Here, the Binance platform will require you to provide a legal document for identity corroboration.
Use your ID card, passport or even your license to complete this step.
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, the system is going to let you know via email.
The following instructions will guide you through the Kols Offering Token (KOT) purchasing process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance licensed Kols Offering Token (KOT) trader.
How to purchase Kols Offering Token (KOT) on Binance
Beginning your Kols Offering Token (KOT) trading career has never been so easy, right?.
Understanding how to invest your money in Kols Offering Token (KOT) is not so difficult.
Now you’ll have to to present a legal document to verify your identity.
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 guidelines.
Once those requirements have been fulfilled, the Binance system will execute a verification process on your account.
Now you must wait until your application has been accepted. Be patient, Binance is going to send you an email.
After that, it’s time to buy Kols Offering Token (KOT), just see the instructions below.
Buying Kols Offering Token (KOT) on Binance
OK, account verified was all you needed to begin purchasing Kols Offering Token (KOT) right now.
The first step is to know how to buy a Kols Offering Token (KOT).
You may find more than one option throughout the process
To know which alternatives are available to you when buying, look for the "Buy cryptos" menu on the Binance main page.
You will need to, of course, do that after you’ve logged into your account
Placing your mouse pointer over this option will show a list of alternatives for making your purchase.
Now you’ll need to present a legal document to check your identity.
passport, ID card or even a driver’s license are all valid documents to fulfill this formality.
Now, you will be asked to take a selfie, according to the application’s instructions.
After completing all those steps, the Binance platform will do a verification process on your account.
Once your request has been accepted, you’ll be notified via e-mail, just be patient.
After that, it’s time to buy Kols Offering Token (KOT), just see the instructions below.
Buying Kols Offering Token (KOT) on Binance
Now that you have subscribed to the Binance platform and have your account confirmed, you can begin trading.
Learning how to invest your money in Kols Offering Token (KOT) is not that hard.
Be aware that you have more than one option for this process
See the "Buy cryptos" menu on the Binance homepage to know which options can be found when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Place your mouse over this option and a list of buying alternatives will deploy.
Buying Kols Offering Token (KOT) using a credit/debit card
Choose the credit card-related option from the drop-down menu labeled "Buy Cryptos".
After that, just follow these directions:
In the next box, choose the currency you wish to buy with and indicate how much you are going to invest.
Next, choose the Kols Offering Token (KOT) you are going to purchase
The quantity of Kols Offering Token (KOT) you are going to receive will depend upon the amount of USD you have previously invested. The Binance platform will immediately display it.
These guidelines will help you in the process:
Currency to be used and amount of the investment must be indicated here.
In the second field you must pick the Kols Offering Token (KOT) you wish to get
After you do so, the system will immediately show you the number of Kols Offering Token (KOT) you are going to receive, considering the amount of USD you’ve recently invested.
Now select "Continue".
Now it’s time to 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 platform will prompt you to indicate your CC details.
In this step you must write the address associated to the card. Type it exactly as it is, then select "Add card".
With this, your card will be added to the payment methods in your account. Press "Continue".
Next, all the relevant details of the operation will be presented: the sum you are paying and the corresponding currency, and of course, the cryptos you will get.
It will also let you know the commission will be charged for the operation.
Within the next 60 seconds press "Confirm", and then the order will be automatically terminated.
The next step needs to be carried out on the credit card bank system. Follow the instructions in the same way you would normally generate a payment with your card.
When the banking procedure has been done, you will get your purchased Kols Offering Token (KOT) in your Binance digital wallet (called the «Spot Wallet»)
Learn how to buy Kols Offering Token (KOT) via Binance P2P
An alternative way to purchase crypto is to exchange it
with another person. You should specify the payment method you want to make use of first.
The platform will now show you the synthesis of the order you are about to complete. The sum your card will be charged with the currency you have chosen, and the Kols Offering Token (KOT) you will get.
It will also indicate the commission will be charged for the purchase.
Within the next 60 seconds click on "Confirm", after that time the order will expire automatically.
The following step must be done on the credit card banking platform. Follow the guidelines in the same way you would pay with your card.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») after the banking process is complete and you’ll find your recently bought Kols Offering Token (KOT) already credited
Know how to buy Kols Offering Token (KOT) with Binance P2P
You may buy Kols Offering Token (KOT) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader as well. To get this done, the first step is to specify which payment method you want to use.
- Go to your profile and select "Security".
- In the menu on the left-hand side click on "Payment".
- Select "Add a Payment Method" and the Binance platform will guide you through the rest of the procedure.
Now that the new payment method has been added to your account, go to the top part of the screen and pass over "Buy Crypto" to drop-down the menu and click on "Trading P2P". Then see the following guidelines:
- On the top bar of the "P2P Account" tab, choose "Buy"
- All the Kols Offering Token (KOT) available for buying via P2P operations will be displayed in this list, so you will be able to select the one you’re interested in. In this guide, we use «USDT».Buying any crypto in P2P trading will allow the subscriber to exchange it on Binance for any of the foreign currencies available.
- Locate the "Fiat" column on the top menu and reveal the drop-down menu to find all valid currencies. Let’s use «VES» in this example.
- Now you must enter the amount in VES you’re going to use in the "Amount" box.
- After you’ve stated the payment method, the platform will display a list of dealers’ ads.
- Locate a seller from the displayed list. We advise that you pick a verified one with a high completed sales rate.
- Select "Buy USDT"
- Type the amount in VES you wish to pay
- Select "Buy USDT" again
- A purchase order has been created and the trader and you will be able to contact each other for details, if needed. You have a limited time to complete, if you fail doing so the order will be aborted by the system (and that’s not good for your reputation as a buyer). Once you have paid, click on "Transferred, Next" and then press "Confirm".
Learn how to transfer your Kols Offering Token (KOT) to the Spot Wallet
The seller, upon validating money reception, will automatically release the Kols Offering Token (KOT).
So, they will quickly be deposited into your wallet.
Nonetheless, you must move them to your Spot Wallet in order for you to get any other cryptocurrency.
To get this done, all you have to do is click on "Transfer to Spot Wallet" once the purchase order is completed.
In the event you didn’t follow this step, don’t fear, you can move the cryptos at any other moment.
The right way to transfer your Kols Offering Token (KOT) to the Spot Wallet
The trader, upon confirming money reception, will immediately release the Kols Offering Token (KOT).
You may see your wallet account balance to confirm reception.
Take into account that your Kols Offering Token (KOT) must be in your Spot Wallet in case you would want to buy others, so you will have to transfer them there before.
To do this, you only need to press "Transfer to Spot Wallet" immediately after the purchase order is completed.
This Kols Offering Token (KOT) internal movement can be performed whenever you need.
- Drop the "Wallet" list down and click on the "Wallet Funds" option.
- The "Transfer" option is located on the upper right area of the navigator window. Click on it.
- In the pop-up window, change the «From» and «To» options to the following configuration:
- From: «Funds»
- To: «Fiat and Spot»
- For The purpose of this article, we will use «USDT» as an example, but you’ll obviously select the currency you have
- Set the amount you are transferring to the spot walet and press "Confirm".
With these funds already in your Spot Wallet, don’t fear to purchase any crypto you think will be profitable.
Discover how simple is to purchase any cryptocurrency from the Binance platform:
- Locate 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 mark the cryptocurrency you’re interested in.
- Click on "Preview conversion".
- Validate the operation and that’s it. You now will have the amount of the selected cryptocurrency in your Spot Wallet.
That’s it! Now you will have money in the Spot Wallet so you will be able to trade any of the numerous Kols Offering Token (KOT) that the Binance platform has.
See how simple is to purchase any cryptocurrency from the Binance platform:
- Find the "Trading" option in the top top panel.
- From the list choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you wish to invest.
- Select the cryptocurrency you intend to buy.
- Select "Preview conversion".
- Confirm the operation and that’s it. Now you will have the amount of the chosen crypto in your Spot Wallet.
You’ve already learned how easy is to start doing business with Kols Offering Token (KOT) on Binance.
So, no need to think twice, make a fruitful business within the Binance platform.