Learn how to buy LooksRare (LOOKS) on the Binance platform
Binance is among the world’s most innovative trading platforms.
Understanding how to purchase LooksRare (LOOKS) is crucial in case you want to begin operating on that platform.
The goal of this article is to guide you about how to buy LooksRare (LOOKS) on the Binance LooksRare (LOOKS) platform.
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Discover ways to register on Binance
There’s only way to start trading on the Binance platform: subscribing to it.
Hassle-free registration: just follow the guidelines listed below.
Proceed to the Binance main page and click on the "Register" option.
You may access directly by clicking here.
Right now press the "Register with a phone or email" button.
Apple tablets or mobile phones can be used to do this as well.
For the purpose of this guide, the email address subscription process will be explained.
- From the drop-down list of countries, select the one you’re living in.
- Now, type your email address and a security password. Be well aware that you are going to trade money, you ought to give importance to the password you set up
- Here you must accept "Terms of Service" and, if you wish to get information, news and updates from Binance in your e-mail address, mark in the corresponding box
Binance will automatically send an activation code (remember: this is NOT your password) that you’ll enter it in the corresponding line, then press "Send"
Finally, your Binance subscription has been activated.
You can now access the Binance platform and get to know all the options it offers.
That’s the best way to know how practical the Binance platform is, and how fast you can start operating with LooksRare (LOOKS).
The ID verification is a mandatory step you need to complete to get access to all those options.
It is very important to note that until you fulfill this protection measure, youwon’t get permission to begin operating with LooksRare (LOOKS).
However, you don’t need to worry, read the next paragraphs to find out how to do it.
Learn to verify your Binance account and begin trading
To be a certified user you must complete the next steps:
On the main screen, hover the mouse on the user profile button and a list will immediately appear where you will have to click on "Security"
Another alternative is to move to the top of the screen and click on the "Verify" button
In the list shown on the left-hand part of the navigator window, pick the "Identification" option.
Pick the Country of Residence.
It will show you 3 levels of verification: the one you already have, the Verified, and the Verified Plus.
To begin, press "Start now" located under the "Verified" level.
Then it shows a pop-up window where you will need to enter the following data:
- Nationality.
- First and Last Name.
- Second name and date of birth.
- Exact address of your residence.
It is time to verify your identity with a legal document.
passport, ID card or even a license will be enough to fulfill this requirement.
In the next stage, you will have to take a selfie, following the application’s instructions.
Once those steps have been fulfilled, the Binance system will execute a verification process on your account.
Now you must wait until your profile has been accepted. Be patient, the platform will send you an e-mail.
Upon receiving that email it’s time to get LooksRare (LOOKS), just follow the guidelines below.
How to purchase LooksRare (LOOKS) on Binance
All right, account confirmed was all you needed to begin buying LooksRare (LOOKS) right now.
Learning how to buy a LooksRare (LOOKS) is actually quite easy.
It is time to verify your identity with a legal document.
You can do this with your passport, ID card, or driver’s license.
Follow the system instructions to take a selfie.
After completing all those steps, the Binance platform will perform a confirmation process on your account.
Once your application has been approved, you will be notified via e-mail, just be patient.
Upon receiving that e-mail it’s time to purchase LooksRare (LOOKS), to do so see the guidelines below.
Buying LooksRare (LOOKS) on Binance
Since you have subscribed to the Binance platform and have your account validated, you are able to begin trading.
In this segment you’ll see how simple is to convert cash into LooksRare (LOOKS).
Take into account that you could have different alternatives for this process
Browse through the "Buy cryptos" menu on the Binance homepage to find out which options are available to you when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Placing your mouse pointer over this key will display a list of alternatives to make your purchase.
The next step is to check your identity with a legal document.
ID card, passport or even a license are all valid documents to complete this formality.
Now the platform will ask you to take a selfie under certain conditions.
Now you will have to wait for a short time while an account verification process is performed.
Now you must wait until your profile has been approved. Be patient, Binance is going to let you know via email.
Congrats! Now you’re officially enabled to operate with LooksRare (LOOKS). See the guidelines that follow.
Purchasing LooksRare (LOOKS) on Binance
Starting your LooksRare (LOOKS) trading career has never been so easy, right?.
In this section you’ll see how simple is to convert cash into LooksRare (LOOKS).
Some processes would probably have alternative paths
Browse through 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
See all the different purchase options just by placing your mouse over this button.
Did you know you could use your credit or debit card to buy cryptos?
The first thing you need to do to buy the LooksRare (LOOKS) you want using a credit card, should be to choose this option from the "Buy Cryptos" drop-down menu.
The following instructions will be helpful to continue the process:
In the next box, pick the currency you’d like to use and enter the amount you want to invest.
The the LooksRare (LOOKS) you would like to purchase must be indicated in the second field
The number of LooksRare (LOOKS) you’ll receive will depend upon the amount of USD you have just stated. The Binance system will automatically show it to you.
These guidelines will be helpful to continue the process:
Now you must choose the currency you wish to use and enter how much you are going to invest.
In the next field you should select the LooksRare (LOOKS) you would like to buy
The quantity of LooksRare (LOOKS) you are going to get will depend upon the amount of USD you’ve recently defined. The Binance system will immediately display it.
Now select "Continue".
Now it’s time to indicate the method of payment you’ll use. To pay with your credit card, select in the "Visa/Mastercard" box the option "Add card".
Then the platform will ask you to enter your card data.
In this step you must state the physical address details of the CC. After this, select "Add card".
Now that your card has been successfully added, press "Continue".
Next, all the relevant details of the operation will be summarized: the amount you will pay and the corresponding currency, and of course, the cryptos you will receive.
In fact, Binance will claim a small amount as a commission for supporting the purchase, and it will be shown in that quick view as well.
At this point you have 60 seconds to click on "Confirm", otherwise the order will be automatically aborted.
The system will now send you to the bank issuing the credit card. There you will make a standard on-line payment with your credit card.
Your recently bought LooksRare (LOOKS) will be credited to your Binance digital wallet (called the «Spot Wallet») when the banking process has been done
Buy LooksRare (LOOKS) with Binance P2P
You can get LooksRare (LOOKS) not only via a direct purchase, but trading them «Person To Person»
with another Binance subscriber too. Payment method is the first parameter you will state.
The next screen will display an overview of the operation about to be completed. That includes the sum your card will be charged, the chosen currency and the quantity of LooksRare (LOOKS) bought.
It will also let you know the commission you need to pay for the transaction.
Now you have to certify the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically canceled.
After this, you will be redirected towards the site of the bank issuing the credit card. Proceed exactly as you do when making a standard online credit card payment.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») after the banking procedure is complete and you’ll find your recently bought LooksRare (LOOKS) already credited
Learn how to purchase LooksRare (LOOKS) with Binance P2P
You could buy LooksRare (LOOKS) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance user too. In that case, you should define the payment method you wish to make use of first.
- Go to your profile and select "Security".
- From the list on the left-hand side click on "Payment".
- Click on "Add a Payment Method" and the Binance system will guide you through the rest of the process.
Now that the new payment method has been configured in your account, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the menu and press "Trading P2P". Then see the following directions:
- Look for the "Buy" button on the upper bar of the "P2P Account" tab and click it
- The complete set of LooksRare (LOOKS) available for buying via P2P operations will be displayed in this list, so you will be able to select the one you would like to buy. As for this example, we present «USDT».It is important to note that when you buy one of these cryptocurrencies in P2P trading, you’ll be able to exchange it for any of the foreign currencies that operate on the Binance platform.
- Look for the "Fiat" label on the upper tabs and deploy the drop-down menu to find all valid currencies. Let’s use «VES» in this example.
- Use the "Amount" box to type the sum in VES you’d like to spend to purchase LooksRare (LOOKS).
- Define the payment method and wait for the system to show you all the dealers’ ads.
- Any of the traders displayed in the list can be chosen, although it is recommendable to select a verified one (with the blue diamond marking), and better, a high-volume seller (gold star badge).
- Now click on "Buy USDT"
- Now the amount you want to invest in VES must be typed
- Press "Buy USDT" once again
- Now a purchase order has been generated and the trader and you will contact. Complete the payment, press "Transferred, Next" and then press "Confirm". Notice that there’s a time limit for you to pay.
Tips on how to transfer your LooksRare (LOOKS) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception acknowledge has been done.
So, they will automatically be deposited into your wallet.
However, in order for you to get another LooksRare (LOOKS), you will have to send them to your Spot Wallet.
To achieve this, all you have to do is press "Transfer to Spot Wallet" once the buying order is completed.
If you didn’t follow this step, don’t worry, you can do it later.
Tips on how to transfer your LooksRare (LOOKS) to the Spot Wallet
The seller, upon validating payment reception, will immediately release the LooksRare (LOOKS).
The default place where LooksRare (LOOKS) are added to is your account wallet.
Take into account that your LooksRare (LOOKS) must be in your Spot Wallet in order for you to buy others, so you must transfer them there before.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
This LooksRare (LOOKS) internal transfer can be performed anytime later.
- Select "Wallet Funds" from the "Wallet" drop-down menu.
- Then press "Transfer" button at the top right.
- A new window will pop-up, where you should configure the options to:
- From: Funds
- To: Fiat and Spot
- For this post, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Type the amount you are moving to the spot walet and press "Confirm".
All right! Now you have money available to purchase any of the huge selection of LooksRare (LOOKS) in the Binance platform.
Purchase any crypto from Binance just following the steps detailed next:
- Pick the "Trading" menu in the top section.
- In the list select the "Convert" option.
- Enter the sum of «USDT» you would like to invest.
- Now indicate the cryptocurrency you’re about to get.
- Select "Preview conversion".
- Confirm the transaction and that’s all. You will have the funds of the selected cryptocurrency in your Spot Wallet.
With these money already in your Spot Wallet, nothing keeps you from trading any crypto you think will yield the greatest profit.
Buy any crypto from the Binance platform just following the instructions detailed next:
- Look for the "Trading" menu in the top top panel.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you would like to invest.
- Now indicate the crypto you’re about to get.
- Click on "Preview conversion".
- Confirm the operation and that’s it. You now will have the funds of the selected crypto in your Spot Wallet.
This article have surely pictured you a wide overview of what Binance is and how you can do business with LooksRare (LOOKS) on it.
So, no need to think twice, make a worthwhile business within the Binance platform.