How to buy Lido DAO (LDO) Token. What is it, price and performance

How to buy Lido DAO (LDO) on Binance

There are several trading platforms today on the Internet, but without a doubt Binance is one of the most popular and innovative.

Therefore, the first thing you have to to do if you’ would like to get started operating on it is to learn how to buy Lido DAO (LDO).

For this reason, on this page we’ll provide you with all what you need to know to purchase Lido DAO (LDO) on the Binance crypto exchange.

Be able to register on Binance

Registering on the Binance platform is the very first step you must do.

Just follow each of the instructions below.

Navigate to the Binance homepage and click on the "Register" option.

Here you have the direct access to Binance.

Locate the "Register with a phone or email" button in the homepage and press it.

Apple phones or tablets can be used to do this as well.

For the purpose of this article, the email address subscription technique will be described.

• From the drop down list of countries, choose the one you’re living in.
• Now the crucial step: password. Define a string of characters strange enough not to be simply deducted. Don’t use your name, birth date or things like that. Keep in mind that it’s your property what will be protected by that word
• Choose if you want to receive information and news directly from Binance to your email address. Accept the "Terms of Service" and click on "Create Account"

Check the inbox in the email address you utilized for signing up and look for the activation code exclusive of your account. Type it in the corresponding line and press "Send"

Finally, your Binance enrollment has been activated.

Take a time to get acquainted to the different options of the Binance platform by browsing them.

You’ll realize how easy is to begin trading Lido DAO (LDO).

The identity checking is a required step you must complete to gain access to all these options.

Warning: No Lido DAO (LDO) operation will be permitted if you skip this safety step.

In the following section, you’ll be guided about how to do that. Hassle-free.

How to complete the verification of your Binance account and put hands on trading

These are the instructions to verify your Binance subscription and get the authorization to start trading:

Choose "Security" from the drop-down list under the user profile area

You may also click the "Verify" button at the top of the navigator window

In the list shown on the left-hand area of the navigator window, pick the "Identification" option.

Here you must select your country of residence.

The platform shows you three levels of verification: the current one, the Verified, and the Verified Plus.

To begin, select "Start now" just under the "Verified" level.

At this point, the subscriber is asked to provide some personal data:

• Nationality.
• First Name and Surname.
• Second name and date of birth.
• Residence address (exact).
• Middle name and date of birth.
• Middle name and date of birth.

It is time to corroborate your identity with a legal document.

You can do this with your passport, ID card, or license.

Follow the system instructions to take a selfie.

The final step is on Binance’s side: a confirmation process that will just take a while.

Once your profile has been accepted, Binance is going to send you an e-mail, just be patient.

Congrats! As soon as you’ve received the confirmation you’re officially licensed to operate with Lido DAO (LDO). See the guidelines that follow.

How to purchase Lido DAO (LDO) on Binance

In this section you’ll see how simple is to invest your money in Lido DAO (LDO).

The next step is to sustain your identity using a legal document.

You can do this with your ID card, passport, or driver’s license.

Follow the system guidelines to take a selfie.

Now you’ll have to wait for a short period while an account confirmation process takes place.

Now you must wait until your application has been approved. Be patient, Binance is going to send you an email.

Upon receiving that e-mail it’s time to get Lido DAO (LDO), just follow the guidelines below.

How to purchase Lido DAO (LDO) on Binance

Take a time to figure out how to buy a Lido DAO (LDO).

Some steps would probably have optional paths

The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.

Needless to say you must log into your account to do this

Hover your mouse over this option and a list of buying alternatives will deploy.

At this point, the Binance platform will ask you to show a legal document for identity corroboration.

Use your passport, ID card or even your driver’s license to complete this step.

Follow the system guidelines to take a selfie.

Once those steps have been fulfilled, the Binance platform will perform a confirmation process on your account.

So, wait patiently, Binance will send you an e-mail as soon as your application has been approved.

Upon receiving that email it’s time to acquire Lido DAO (LDO), to do so follow the guidelines below.

Learn to buy Lido DAO (LDO) on Binance

First you need to learn how to invest your money in Lido DAO (LDO).

Some steps would probably have alternative paths

See the "Buy cryptos" menu on the Binance homepage to know which options can be found when buying.

Obviously, you’ll only be able to do this after you’ve logged in

Hover your mouse on this button and a list of buying alternatives will be shown.

Buying Lido DAO (LDO) using a credit/debit card

What you need to do to buy the Lido DAO (LDO) of your choice using a credit card, should be to choose this option from the "Buy Cryptos" drop-down list.

Continue reading for further instructions:

In the next box, pick the currency you’d like to buy with and type the amount you are going to invest.

Next, pick the Lido DAO (LDO) you are going to purchase

The number of Lido DAO (LDO) you will receive will depend upon the amount of USD you have just defined. The Binance platform will immediately display it.

Next, just stick to the following directions:

Currency preferred and how much to invest should be indicated here.

In the second field you should select the Lido DAO (LDO) you wish to buy

The number of Lido DAO (LDO) you’ll get will depend upon the amount of USD you’ve recently stated. The Binance platform will automatically display it.

Now select "Continue".

To use your CC as a payment method, choose in the "Visa/Mastercard" box the option "Add card".

Credit card data must be typed in this step, then click "Next".

The credit card’s associated address should be specified next. Be very careful, since you’ll need to write it exactly as it is, otherwise your card won’t be accepted. Then select "Add card".

When you see your card has been successfully added, click on "Continue".

Next, all the relevant details of the transaction will be displayed: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you will get.

In fact, Binance will claim a certain percentage as a commission for supporting the transaction, and that will appear in that summary as well.

At this point you have 60 seconds to press "Confirm", otherwise the order will automatically expire.

The next step needs to be done on the credit card banking platform. There you should make a normal online payment with your credit card.

You can take a look at your Binance digital wallet (called the «Spot Wallet») once the banking procedure is complete and you’ll find your recently purchased Lido DAO (LDO) already credited

Learn how to purchase Lido DAO (LDO) through Binance P2P

Next, you’ll see a summary of the transaction in its final stage. It includes the sum you are paying, the selected currency and the amount of Lido DAO (LDO) you will be given.

Obviously, Binance will claim a small amount as a commission for supporting the purchase, and it will be shown in that quick view as well.

In less than 1 minute click on "Confirm", after that time the order will be automatically canceled.

After this, you’ll be sent towards the site of the credit card issuing bank. Then you should make a normal online payment using your credit card.

When the banking process is complete, you are already in possession of the recently purchased Lido DAO (LDO) in your Binance e-wallet (referred to as the «Spot Wallet»)

See how easy is how to buy Lido DAO (LDO) through Binance P2P

1. Go to your profile and press "Security".
2. In the menu on the left-hand side select "Payment".
3. Once the "Add a Payment Method" button is pressed the platform will guide you through the rest of the procedure.

Once you have configured the new method of payment to your account, go to the "Buy Crypto" menu (top bar of the navigator), pick the "Trading P2P" button, and follow the guidance below:

1. Click the "Buy" button found on the upper bar of the "P2P Account" tab
2. The complete set of Lido DAO (LDO) available for purchase through P2P trading will be displayed in this menu, so you will be able to choose the one you’re interested in. In this guide, we present «USDT».Note that any Lido DAO (LDO) bought through P2P trading could be exchanged by any of the foreign currencies approved by Binance.
3. Look for the "Fiat" label on the top tabs and reveal the drop-down menu to see all available currencies. We’ll use «VES» in this example.
4. Use the "Amount" box to type the amount in VES you’d like to spend to buy Lido DAO (LDO).
5. Indicate the payment method and wait for the system to show you the list of the traders that are currently offering Lido DAO (LDO).
6. Any of the traders shown in the list can be chosen, but it is advisable to choose a verified one (see the blue diamond marking), and even better, a high-volume seller (golden star marking).
7. Now click on "Buy USDT"
8. Write the amount in VES you wish to invest
9. Press "Buy USDT" once again
10. That will open an order where you will have contact with the trader. Make the payment within the established time and press "Transferred, Next", then press "Confirm".

Tips on how to transfer your Lido DAO (LDO) to the Spot Wallet

When you have made a payment to the trader, they will release the Lido DAO (LDO), by confirming receipt of the payment.

So, they will instantly be deposited into your wallet.

Take into account that your Lido DAO (LDO) must be in your Spot Wallet in case you would want to purchase others, so you must send them there before.

That’s quite simple: just press "Transfer to Spot Wallet" once the buying order has been completed.

If you didn’t do this, don’t worry, you can do it later.

How to transfer your Lido DAO (LDO) to the Spot Wallet

Cryptos will be released by the trader as soon as money reception acknowledge has been done.

The default place where Lido DAO (LDO) are added to is your Binance wallet.

Take into account that your Lido DAO (LDO) must be in your Spot Wallet in order for you to buy others, so you need to send them there before.

That’s quite simple: just press "Transfer to Spot Wallet" once the buying order has been completed.

This Lido DAO (LDO) internal transfer can be done whenever you need.

1. Press "Wallet Funds" from the "Wallet" drop-down list.
2. The "Transfer" option is located on the upper right area of the navigator window. Click on it.
3. In the pop-up window, change the «From» and «To» options so that it looks like this:
• From: "Funds"
• To: "Fiat and Spot"
4. For The purpose of this post, we will use «USDT» as an example, but you’ll obviously choose the currency you have
5. Input the cryptos you are transferring to the spot walet and press "Confirm".

Perfect! Now you have money available to buy any of the huge selection of Lido DAO (LDO) in the Binance platform.

To purchase Lido DAO (LDO) from Binance what you just have to do is the following:

1. In the top section, look for the "Trading" menu.
2. Press "Convert" from the list.
3. Fill in the box the sum of «USDT» you wish to spend.
4. Choose the crypto you wish to get.
5. Click on "Preview conversion".
6. Confirm the transaction and that’s all. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.

With these money already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you believe could be profitable.

To buy Lido DAO (LDO) from Binance what you just have to do is the following:

1. In the upper panel, look for the "Trading" option.
2. Press "Convert" from the list.
3. Indicate the amount of «USDT» you would like to spend.
4. Select the cryptocurrency you intend to purchase.
5. Choose "Preview conversion".
6. Confirm the transaction and that’s it. Now you will have the funds of the selected crypto in your Spot Wallet.

This post have surely pictured you a wide overview of what Binance is and how you can trade Lido DAO (LDO) on it.

So, no need to think twice, make a worthwhile business within this crypto platform.