No doubt one of the leading trading platforms in the world today is Binance.
Understanding how to trade with LoyalCoin (LYL) is essential if you’ would like to get started trading on that platform.
Stay on this post and you’ll see everything you need to know about buying crypto on Binance.
Opening a Binance account is the very first step you must complete.
Subscribing onto the Binance platform is very simple: see the following guidelines.
Visit the Binance main page and click on the "Register" button.
You can log in directly by clicking here.
In the Binance main page you’ll find a button with the label "Register with a phone or email". Press it.
The Binance platform is totally compatible with iOS mobile devices as well.
Here we’ll will explain the registration technique using an email address.
You surely have received an e-mail in the address you’ve just used for subscribing on the Binance platform. In its text you’ll see an activation code you will enter in that page. Then click on "Send"
You’re now a Binance user!.
Now you can enter the Binance platform and observe all the options it offers.
This way you canit is possible to start operating with LoyalCoin (LYL) without difficulty.
To have access to these options, the first thing you must do is fulfill the ID verification.
It is very important to notice that unless you fulfill this security measure, youwon’t get permission to start trading LoyalCoin (LYL).
No big deal, though. Read the following instructions to fulfill that step.
See the next guidelines and become a certified subscriber:
From the user profile menu, select "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Select "Identification" on the left options list.
Country of residence must be picked here.
Now, the 3 levels of verification:
At this moment, you should select "Verified", pressing the "Start now" option under that label.
In this step, some personal information is required:
The next step is to verify your identity using a legal document.
ID card, passport or even a license will be enough to complete this formality.
Now, you will be asked to take a selfie, according to the application’s requirements.
After you have fulfilled the system’s guidelines, you will have to wait a moment for the verification to be performed on your account.
Now you must wait until your application has been accepted. Be patient, Binance is going to send you an e-mail.
Upon receiving that e-mail it’s time to get LoyalCoin (LYL), to do so see the instructions below.
In this section you’ll discover how easy is to convert cash into LoyalCoin (LYL).
Here, the Binance platform will require you to use a legal document for identity corroboration.
ID card, passport or even a license are all valid documents to fulfill this requirement.
Now the system will require you to take a selfie following certain instructions.
After you have completed the system’s requisites, you will have to wait a short time while your account is verified.
All you need to do is be patient, Binance will let you know via e-mail as soon as your application has been approved.
After that, it’s time to get LoyalCoin (LYL), just see the guidelines below.
In this segment you’ll see how simple is to invest your money in LoyalCoin (LYL).
Some processes may have optional paths
To know which alternatives are available to you when making a purchase, look for the "Buy cryptos" menu on the Binance main page.
Needless to say you must login to your account to be able to do this
Hover your mouse on this option and a list of buying alternatives will deploy.
Next, you’ll need to provide a legal document to verify your identity.
Use your ID card, passport or even your license to complete this step.
Follow the system requirements to take a selfie.
The final step will be carried out by the Binance system: a confirmation process that will take only a short time.
Once your request has been accepted, Binance will send you an e-mail, just be patient.
After that, it’s time to acquire LoyalCoin (LYL), just follow the instructions below.
Learning how to buy a LoyalCoin (LYL) is actually quite easy.
Some steps may have optional paths
Browse through the "Buy cryptos" menu on the Binance homepage to know which options are available to you when making a purchase.
Needless to say you must login to your account to be able to do this
Placing your mouse pointer over this option will display a list of alternatives for making the purchase.
Choose the credit card-related option from the "Buy Cryptos" drop-down menu.
Continue reading for detailed guidelines:
In the next box, pick the currency you’d like to buy with and indicate how much you want to invest.
Next, pick the LoyalCoin (LYL) you’re going to get
Once you do so, the system will immediately display the quantity of LoyalCoin (LYL) you’ll get, taking into account the amount of USD you’ve previously invested.
Read on for further directions:
Currency preferred and amount of the investment should be specified here.
In the second field you must select the LoyalCoin (LYL) you wish to purchase
Considering the amount of USD you’ve previously specified, the system will immediately display the quantity of LoyalCoin (LYL) you will get.
Next click "Continue".
To use your Visa/MC credit card as a payment method, select in the "Visa/Mastercard" field the button "Add card".
Type your credit card data and click "Next".
Now state the physical address details for the card. Then select "Add card".
Now that your new card has been successfully added, press "Continue".
Next, all the important details of the operation will be summarized: the sum you’ll pay and the corresponding currency, and obviously, the cryptos you are going to receive.
Obviously, Binance will take a certain percentage as a commission for making the transaction, and it will be shown in that summary as well.
In less than 1 minute click on "Confirm", there after the order will expire automatically.
The following step needs to be carried out on the credit card bank webpage. Proceed exactly as you do when making a payment using your card on the bank website.
Your recently bought LoyalCoin (LYL) will be available in your Binance e-wallet (referred to as the «Spot Wallet») once the banking procedure has been finished
Next, all the important details of the operation will be displayed: the amount you are paying and the corresponding currency, and obviously, the cryptos you are going to get.
It will also let you know the commission you should pay for the purchase.
Now you must certify the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically canceled.
The system will now reroute you to the bank issuing the credit card. Follow the instructions in the same way you would pay with your card.
Your recently purchased LoyalCoin (LYL) will be available in your Binance digital wallet (referred to as the «Spot Wallet») once the banking process is complete
Once the new payment method has been added to your profile, look for the "Buy Crypto" menu on the top bar of the navigator, click the "Trading P2P" option and follow the guidelines described below:
The seller, upon receiving your payment, will automatically release the LoyalCoin (LYL).
You may verify your wallet account balance to confirm reception.
Nonetheless, you must move them to your Spot Wallet in case you would want to buy another cryptocurrency.
To do this, all you have to do is click on "Transfer to Spot Wallet" immediately after the buying order has been completed.
In case you didn’t do this, don’t be concerned, you can do it later.
The trader, upon receiving your payment, will immediately release the LoyalCoin (LYL).
The place where LoyalCoin (LYL) are added to is your account wallet.
Take into account that your LoyalCoin (LYL) must be in your Spot Wallet in order for you to buy others, so you will have to move them there before.
That’s easy: just click on "Transfer to Spot Wallet" once 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 be able to do it later.
With these funds already in your Spot Wallet, don’t fear to buy any cryptocurrency you believe will be worthwhile.
Note how easy is to buy any crypto from Binance:
That’s it! This way you will have funds in the Spot Wallet and you will be able to buy any of the numerous LoyalCoin (LYL) within the Binance platform.
Purchase any crypto from Binance just following the steps detailed below:
Based on the above mentioned information, you are now ready to start out trading on Binance.
Don’t wait any further and start generating some extra money.
In case you want to make money through cryptocurrencies, you should be able to utilize Kucoin platform. This form oftrade is getting good benefits for all its users, in fact it is making increasingly more progress in all its operations.
If you need to learn easily how to purchase a LoyalCoin (LYL) in Kucoin, you must keep on reading this post.
Once you’ve created your account into the Kucoin platform and complied the safety requirements, you need to deposit your dollars. Using this method is fairly easy, the best part is that there are several options to do that.
One of them is to go to the «Balance» or «Assets» section at the top right on the navigator screen and look for the "Deposit" link. There after, pick the LoyalCoin (LYL) you want to transfer into your account to purchase new cryptos, for instance, USDT.
Next, you will select the network you will use for completing the transaction. We strongly advise Tron (TRC20) for it takes the lowest commissions.
Next is the the address you should put in the "Exchange" where you have the USDT you wish to send to Kucoin. Once you have already done this, you can expect to instantly get the funds within your main account.
If this is not working in the country you’re living, you could try transferring the money to your account through P2P trading. This kind of purchase signifies that you make a bank transfer to one of the listed traders to receive any of the official cryptos.
Once you have the funds in your account, it’s time to start using the Kucoin platform.
Before buying a LoyalCoin (LYL) on Kucoin you need to move the money you have just purchased to the trading accounts. To accomplish this you have to click on the «Balance» menu, click on the main account, enter the cryptocurrencies after which choose "Transfer". This last button can be located on the same line as the currency you are about to use to complete the purchase.
If this doesn’t work in your country, you could try moving funds to your account via P2P trading. This kind of transaction implies that you make a bank transfer to any of the registered traders to get any of the genuine cryptos.
When you received the funds in your account, it’s time for you to learn how to work with the Kucoin website.
Before buying a LoyalCoin (LYL) on Kucoin you need to transfer the money you have just purchased to the trading accounts. To do this you have to open the "Balance" menu, click the main account, enter your cryptocurrencies after which choose «Transfer». This last option can be located on the same line as the currency you are about to use to complete the purchase.
After that, you are sent to a window to choose where you are going to send the funds. You will need to take from the «Main Account» to the "Trading Account", and add the currency and the amount you wish to send to trade. Then visit «Confirm».
Now that you got the money within your account, you can buy your crypto and begin trading.
Next we will explain how to buy LoyalCoin (LYL) in different methods. To start, you should open the «Trade» menu and select «Spot trading» (Spot Market). Then simply type the term LoyalCoin (LYL) in the search line in the top corner of the site.
The system will indicate the crypto pairs you are able to trade with.
In short, you‘ll only be able to purchase LoyalCoin (LYL) just with the crypto pairs it shows you.
Just for this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We select ADA/USDT as we have funds in this pair. When we accomplish that, it immediately loads the crypto information and the order book with the buy and sell businesses.
For being able to make the operation, you will need to type the trading key.
At the bottom-right, the markets to trade crypto can be seen, instantly enabling the «Spot». There are 3 ways to purchase LoyalCoin (LYL). The options are as follows:
You can also establish the order activation and process it at the best market price. You can do this by selecting "Stop Market", and indicating in «Stop Price» the value you want the LoyalCoin (LYL) to reach to activate the order and the amount of USDT to pay. By simply clicking Buy LoyalCoin (LYL), your order will be executed at the market rate once it is the just like the stop price you’ve just set.
With any of these alternatives, you’ve already got the LoyalCoin (LYL) tokens you’ve just bought available in your trading account. From now on you can trade with this or you may want to get other cryptos. Remember that with LoyalCoin (LYL) you’ll only be authorized to get the cryptos available in their pairs. Often you will need to trade your LoyalCoin (LYL) for a crypto that is usually available in the LoyalCoin (LYL) pairs, such as BTC, USDT, and BNB, after which you could buy the one that you really want.
You can now start buying a LoyalCoin (LYL) from the Kucoin site.
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