Learn how to purchase LoopNetwork (LOOP) on the Binance platform
There are many trading platforms today on the ’net, but undoubtedly Binance is among the most popular and innovative.
Therefore, the first thing you must to do if you wish to start out trading on it is to figure out how to buy LoopNetwork (LOOP).
This post is intended to guide the reader on how to buy LoopNetwork (LOOP) on the Binance LoopNetwork (LOOP) platform.
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Learn how to register on Binance
The only way to get started in trading within Binance is subscribing to it.
Simply follow each of the steps below.
On the Binance main page you must locate the "Register" button and click on it.
Go directly to Binance by clicking here.
In the Binance homepage you’ll see a button with the label "Register with a phone or email". Press it.
The Binance platform is totally compatible with Apple devices as well.
In this article we’ll will explain the subscription technique using an email address.
- From the drop-down list of countries, pick the one you reside.
- Now, enter your e-mail address and a safety password. Keep in mind that you will invest your money, so you ought to give relevance to the password you choose
- Whether you wish 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 Next step is the e-mail verification
Check the inbox of the email address you indicate at subscription and look for the activation code for your account. Write it in the corresponding box 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 navigating through them.
That’s the best way to understand how friendly the Binance platform is, and how quick you can start trading LoopNetwork (LOOP).
The ID verification is a mandatory step you must complete to have access to all those options.
Please, note that it is only after you have completed this protection measure that you’ll be authorized to start operating with LoopNetwork (LOOP).
However, you don’t need to worry, read the next paragraphs to know how to do it.
How to verify your Binance account and start trading
See the next guidelines and become a certified customer:
Choose "Security" from the drop-down list under the user profile section
You may also click on the "Verify" button on the upper part of the screen
Look for the option "Identification" on the left side of the screen.
Now you’ll need to select your country of residence.
Now, the three levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.
Click on the "Start now" button below the "Verified" label, since this will be your beginning level.
Then it shows a pop-up window where you should tytpe the following info:
- Nationality.
- First Name and Last name.
- Middle name and birth date.
- Residence address (exact).
Here, the Binance platform will ask you to provide a legal document for identity corroboration.
Use your passport, ID card or even your driver’s license to complete this step.
In the next stage, you will be asked to take a selfie, following the platform’s guidance.
Now you’ll have to wait for a short time while an account verification process takes place.
As soon as your application has been approved, the platform will send you an e-mail, just be patient.
Upon receiving that e-mail it’s time to acquire LoopNetwork (LOOP), just see the instructions below.
How to purchase LoopNetwork (LOOP) on Binance
Starting your LoopNetwork (LOOP) trading experience has never been so easy, right?.
The first step is to understand how to buy a LoopNetwork (LOOP).
Now you’ll need to provide a legal document to sustain your identity.
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 time while an account confirmation process is performed.
Once your profile has been approved, the system will let you know via email, just be patient.
Upon receiving that email it’s time to acquire LoopNetwork (LOOP), just follow the guidelines below.
Learn to buy LoopNetwork (LOOP) on Binance
So, account confirmed was all you needed to begin buying LoopNetwork (LOOP) immediately.
Learning how to make a purchase of LoopNetwork (LOOP) is actually quite easy.
Take into account that you may have different alternatives for this process
Look for the "Buy cryptos" menu on the Binance main page to know which alternatives are available to you when making a purchase.
You should, of course, do that after you’ve signed into your account
Placing your mouse pointer over this option will show a list of alternatives for making your purchase.
At this point, the Binance platform will require you to provide a legal document for identity checking.
Use your passport, ID card or even your license to complete this step.
In the next stage, you will have to take a selfie, according to the application’s guidance.
After completing all those steps, the Binance platform will do a verification process on your account.
When your application has been approved, the system will send you an e-mail, just be patient.
Upon receiving that email it’s time to get LoopNetwork (LOOP), just see the instructions below.
Buying LoopNetwork (LOOP) on Binance
Since you are subscribed to the platform and got your account confirmed, you can begin trading.
Understanding how to buy a LoopNetwork (LOOP) is not so difficult.
Some steps may have alternative paths
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Obviously, you’ll only be able to do this after you’ve logged in
Find all the different buying options just by placing your mouse over this button.
Making use of your debit or credit card for buying LoopNetwork (LOOP)
Select the credit card-related option from the "Buy Cryptos" drop-down list.
Next, just carry out these directions:
In the next box, pick the currency you wish to buy with and indicate how much you are going to invest.
In the next field you must choose the LoopNetwork (LOOP) you wish to get
Once you do so, the system will immediately show you the quantity of LoopNetwork (LOOP) you will receive, according the amount of USD you’ve recently invested.
Read on for detailed guidelines:
In the next box, pick the currency you wish to use and specify how much you want to invest.
Next, select the LoopNetwork (LOOP) you are going to buy
Once you do so, the system will automatically show you the number of LoopNetwork (LOOP) you are going to get, taking into account the amount of USD you’ve just specified.
Press "Continue".
To use your credit card as a payment method, go to the "Visa/Mastercard" box and click on the "Add card" option.
Type your card details and click "Next".
The next field is intended to indicate the address associated to the card. Write it exactly as it is, then press "Add card".
With this, your credit card will be added to the payment methods in your account. Press "Continue".
The system will now display the details of the order you are generating. The amount you are paying in the currency you have picked, and the LoopNetwork (LOOP) you will receive.
It will also state the commission will be charged for the transaction.
You have 1 minute to press "Confirm", otherwise the order will automatically expire.
Next, you’ll be redirected towards the banking platform the credit card has been issued by. There you would make a standard online payment using your credit card.
When the banking procedure has been done, you’ll get your recently purchased LoopNetwork (LOOP) in your Binance e-wallet (called the «Spot Wallet»)
Purchase LoopNetwork (LOOP) via Binance P2P
Another option you have to get crypto is to exchange it
with another user. You should state the payment method you would want to make use of first.
The platform will now display the summary of the order you are creating. The sum your card will be charged with the currency you have chosen, and the LoopNetwork (LOOP) you will get.
In fact, Binance will claim a small amount as a commission for supporting the operation, and that will appear in that overview also.
Now you have to validate the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically canceled.
The following step has to be carried out on the credit card bank system. Proceed exactly as you do when making a normal on-line credit card payment.
Your recently bought LoopNetwork (LOOP) will be available in your Binance digital wallet (called the «Spot Wallet») after the banking process is complete
Buy LoopNetwork (LOOP) with Binance P2P
Another option you have to buy a cryptocurrency is to exchange it
with another trader. Method of payment is the first parameter you should indicate.
- Click on "Security" in your profile.
- Click on "Payment" from the menu on the left.
- Press the "Add a Payment Method" button and follow the platform instructions.
After the new payment method has been included in your profile, look for the "Buy Crypto" menu on the top bar of the navigator, click the "Trading P2P" button and follow the steps described below:
- Locate the "Buy" button on the upper bar of the "P2P Account" tab and click it
- In this bar you will see the list of LoopNetwork (LOOP) available for purchase via P2P operations. Select the one you would like to buy, in our case we use «USDT» as an example.It is important to note that when you buy one of these cryptocurrencies via P2P trading, you will be able to exchange it for any of the foreign currencies valid in the Binance platform.
- Select the currency you want to pay with from the drop-down list under the "Fiat" column, for example, «VES».
- Use the "Amount" box to input the sum in VES you’re going to invest to buy LoopNetwork (LOOP).
- Once you’ve chosen the payment method, the system will show you a list of dealers’ ads.
- Any of the traders displayed in the list can be chosen, although it is recommendable to choose a verified one (see the blue diamond marking), and better, a high-volume seller (gold star mark).
- Click on "Buy USDT"
- Type the amount in VES you wish to pay
- Press "Buy USDT" again
- Doing so will open an order where you will have connection with the seller. Make the payment within the time limit and press "Transferred, Next", then press "Confirm".
How you can transfer your LoopNetwork (LOOP) to the Spot Wallet
Once you have completed a payment to the trader, they will be able to release the LoopNetwork (LOOP), just by confirming payment reception.
You may check your wallet Binance balance to confirm reception.
NB: you must move them to your Spot Wallet in order for you to purchase any other crypto.
That’s easy: just click on "Transfer to Spot Wallet" immediately after the purchase order has been completed.
This LoopNetwork (LOOP) internal transfer can be carried out whenever you need.
Ways to transfer your LoopNetwork (LOOP) to the Spot Wallet
After you have made a payment to the seller, they will release the LoopNetwork (LOOP), by confirming payment reception.
The default place where LoopNetwork (LOOP) are transferred to is your account wallet.
Nonetheless, you need to send them to your Spot Wallet in order for you to purchase another crypto.
That’s quite simple: just press "Transfer to Spot Wallet" right after the buying order is completed.
If you forget to follow this step right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it at any moment.
- Select "Wallet Funds" from the "Wallet" drop-down menu.
- The "Transfer" button is located on the upper right area of the navigator window. Press it.
- Configure the «From» and «To» options on the pop-up window to:
- From: Funds
- To: Fiat and Spot
- Select the currency in which you have money, in the example here we use «USDT»
- Enter the amount you are moving to the spot walet and click "Confirm".
With these funds already in your Spot Wallet, don’t fear to trade any cryptocurrency you consider might yield the highest profit.
To buy LoopNetwork (LOOP) from Binance what you just have to do is the following:
- In the top section, loate the "Trading" menu.
- In the listing select the "Convert" option.
- Input the amount of «USDT» you wish to invest.
- Now mark the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Validate the operation and that’s it. Now you will have the funds of the selected crypto in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from trading any cryptocurrency you consider could be worthwhile.
Find out how easy is to purchase any cryptocurrency from the Binance platform:
- Select the "Trading" menu in the top top panel.
- From the list select the "Convert" alternative.
- Enter the sum of «USDT» you want to spend.
- Choose the crypto you wish to purchase.
- Press "Preview conversion".
- Validate the transaction and that’s all. You now will have the amount of the chosen cryptocurrency in your Spot Wallet.
Depending on the above mentioned information, you are now ready to start trading on Binance.
Don’t wait any further and start earning an extra income.