Lyra LYRA Rank #4424
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There is no doubt one of the most reputed trading platforms in the world today is Binance.
Understanding how to purchase Lyra (LYRA) is crucial in case you want to get started on trading on that platform.
The object of this article is to guide the reader on how to purchase Lyra (LYRA) on the Binance Lyra (LYRA) platform.
To be capable of buying Lyra (LYRA) on Binance, the very first thing you have to know is definitely how to open your account.
No complicated subscription: just follow the guidelines below.
On the Binance homepage you must locate the "Register" button and press it.
You may log in directly by clicking here.
Now press the "Register with a phone or email" button.
Apple smartphones or tablets can be used as well.
In this post, we’ll will explain how to do this with an e-mail.
See the inbox of the e-mail address you indicate at sign up and search the activation code for your account. Enter it in the corresponding line and press "Send"
You’re now a Binance subscriber!.
Now you may access the Binance platform and observe all the options it offers.
You’ll immediately notice how easy is to start trading Lyra (LYRA).
The identity verification is a mandatory step you must complete to gain access to all these options.
Notice: No Lyra (LYRA) trading will be allowed if you skip this safety step.
However, you don’t need to worry, read the following paragraphs to learn how to do it.
The following are the guidelines to verify your Binance account and get the permission to begin operating:
On the main screen, place the mouse pointer on the user profile button and a list will immediately drop down where you will need to click on "Security"
Another option is to go to the upper part of the navigator window and press the "Verify" button
Look for the option "Identification" on the left side of the screen.
Here you should choose your country of residence.
Now you’ll will find 3 verification levels:
Click on the "Start now" button below the "Verified" label, for this is the beginning level.
A new window will pop-up, and there you’re going to give your personal information: Nationality, first name and surname, second name and birth date. Also, make sure you enter the exact address of your residence
At this point, the Binance platform will require you to present a legal document for identity corroboration.
Use your passport, ID card or even your license to complete this step.
Follow the system instructions to take a selfie.
The last step will be made by the Binance system: a corroboration process that will take only a short time.
Now you have to wait until your application has been accepted. Be patient, the platform will send you an e-mail.
The following instructions will guide you through the Lyra (LYRA) buying process. As soon as you’ve received the confirmation e-mail, you’ve become a Binance authorized Lyra (LYRA) trader.
In this segment you’ll see how simple is to make a purchase of Lyra (LYRA).
Next, you’ll need to present a legal document to check your identity.
passport, ID card or even a license are all valid documents to fulfill this condition.
Follow the system instructions to take a selfie.
After you have fulfilled the system’s requirements, you will have to wait a short while for the verification to be performed on your account.
Now wait patiently, Binance will let you know via email when your application has been approved.
Congrats! Now you’re officially authorized to operate with Lyra (LYRA). The following guidelines will be helpful.
Learning how to convert cash into Lyra (LYRA) is actually quite easy.
Some processes might have optional paths
To find out which options you have when buying, look for the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this once you are logged in
Placing your mouse pointer over this button will display a list of alternatives to make the purchase.
Here, the Binance platform will ask you to present a legal document for identity corroboration.
You can do this with your passport, ID card, or driver’s license.
In the next step, you will have to take a selfie, according to the application’s guidance.
After fulfilling all those requisites, the Binance platform will carry out a verification process on your account.
When your profile has been approved, you will be informed via e-mail, just be patient.
Upon receiving that e-mail it’s time to get Lyra (LYRA), to do so follow the instructions below.
Understanding how to invest your money in Lyra (LYRA) is not that hard.
Some steps may have alternative paths
To know which alternatives are available to you when making a purchase, see the "Buy cryptos" menu on the Binance main page.
Needless to say you must login to your account to be able to do this
Unveil all the different buying options just by placing your mouse over this button.
The first thing you must do to purchase the Lyra (LYRA) of your preference using a credit card, should be to select this option from the "Buy Cryptos" drop-down list.
The following guidelines will help you in the process:
Currency to be used and how much you’ll invest should be indicated here.
The the Lyra (LYRA) you would like to buy should be picked from the second field
According the amount of USD you’ve just invested, the system will automatically display the quantity of Lyra (LYRA) you will get.
Keep on reading for further directions:
Currency preferred and amount of the investment should be defined in the next box.
In the second field you should select the Lyra (LYRA) you would like to purchase
Taking into account the amount of USD you have previously defined, the system will immediately display the quantity of Lyra (LYRA) you’ll receive.
Now select "Continue".
In case you want to pay with your credit card, go to the "Visa/Mastercard" box and press the "Add card" button.
Then the platform will prompt you to enter your credit card data.
In this step you must state the address the card is associated to. Type it exactly as it is, then select "Add card".
Press "Continue" after you notice your card has been successfully included in your account as a new method of payment.
The system will now show you the synthesis of the purchase order you are creating. The sum you will pay with the currency you’ve selected, and the Lyra (LYRA) you will receive.
In fact, Binance will take a small amount as a commission for making the transaction, and it will be shown in that quick view also.
You have 1 minute to press "Confirm", otherwise the order will be automatically terminated.
The Binance system will now send you to the credit card issuing bank. Proceed just as you usually do when making a payment using your credit card on the bank website.
You may check your Binance digital wallet (referred to as the «Spot Wallet») after the banking process has been completed and you’ll see your recently bought Lyra (LYRA) already there
Next, all the important details of the transaction will be displayed: the sum you will pay and the corresponding currency, and obviously, the cryptos you will get.
Certainly, Binance will charge you a certain percentage as a commission for supporting the purchase, and it will be shown in that quick view also.
Now you must certify the order pressing the "Confirm" button during the next minute, or it will be automatically canceled.
The following step must be carried out on the credit card bank system. There you will complete a normal on-line payment with your credit card.
As soon as the banking process is complete, you’ll get your recently bought Lyra (LYRA) in your Binance e-wallet (referred to as the «Spot Wallet»)
After you have configured the new payment method to your profile, go to the "Buy Crypto" menu (top part of the display), pick the "Trading P2P" option, and follow the guidance below:
The seller, upon validating payment reception, will automatically release the Lyra (LYRA).
So, they will quickly be deposited into your wallet.
But in order for you to buy another Lyra (LYRA), you will need to move them to your Spot Wallet.
That’s easy: just press "Transfer to Spot Wallet" once the buying order is completed.
If you didn’t follow this step, don’t fear, you can move the cryptos at any other time.
Cryptos will be released by the trader as soon as money reception validation has been done.
So, they will immediately be deposited into your wallet.
NB: you will need to transfer them to your Spot Wallet in case you would want to buy another crypto.
To achieve this, all you have to do is click on "Transfer to Spot Wallet" once the buying order is completed.
Should you forget to follow this step right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it at any moment.
That’s all! Now you will have money in the Spot Wallet so you will be able to trade any of the several of Lyra (LYRA) within the Binance platform.
Purchase any crypto from the Binance platform just following the steps detailed below:
With these money already in your Spot Wallet, don’t fear to purchase any cryptocurrency you consider could yield the highest profit.
Buy any crypto from Binance just following the steps described next:
Depending on the information above, you are now ready to start trading on Binance.
Don’t wait any more and begin generating some extra money.
If you want to earn money by purchasing cryptocurrencies, you should learn how to operate the Kucoin platform. This exchange is bringing great benefits to all its users, and it is making increasingly more evolution in all its tradings.
If you would like to learn quickly how to purchase a Lyra (LYRA) in Kucoin, you need to stay in this article.
After you’ve subscribed to Kucoin and met the safety requirements, you should deposit your money. The process is fairly simple, good news is that you have several ways to accomplish that.
One of them is usually to click to the «Assets» or «Balance» section at the top right on the navigator screen and look for the "Deposit" hyperlink. Next, pick the Lyra (LYRA) you want to put into your account to purchase new cryptos, for instance, USDT.
Next, you should find the network you will use to get the transaction done. We usually advise Tron (TRC20) because it gets the lowest commissions.
Next you’ll find the address you need to insert in the "Exchange" where you have the USDT you want to transfer to Kucoin. When you have already done this, you are going to get the funds in the main account in a matter of seconds.
If this does not work in your country, you should try transferring funds to your account via P2P trading. This kind of transaction implies that you make a bank transfer to one of the authorized traders to get any of the approved cryptos.
Now that you have the money in your account, it’s time for you to learn how to use the Kucoin platform.
Before buying a Lyra (LYRA) on Kucoin you need to send the money you have just purchased to the trading account. To get this done you must click on 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 will use to complete the purchase.
If this is not working in your country, you should try transferring the money to your account through P2P trading. This kind of purchase implies that you actually make a conventional bank transfer to one of the registered traders to get any of the authorized cryptos.
When you get the funds in your account, it’s time to learn how to interact with the Kucoin platform.
Before buying a Lyra (LYRA) on Kucoin you have to send the money you’ve just purchased to the trading accounts. To get this done you must go to the "Balance" menu, click the main account, enter the cryptocurrencies after which choose «Transfer». This last button can be situated on the same line than the currency you are going to use for the purchase.
Next, you are redirected to a window to pick where you are going to send the funds. You must take from the "Main Account" to the "Trading Account", and add the currency and the amount you decided to send to trade. Then click on "Confirm".
Now that you have the money already credited in the account, you can buy your crypto and start trading.
Here we will discuss how to buy Lyra (LYRA) in different ways. To start, you should open the «Trade» menu and select "Spot trading" (Spot Market). Then just enter the term Lyra (LYRA) in the search line in the top corner of the page.
The system will indicate the crypto pairs you are authorized to operate with.
In short, you will only be capable to buy Lyra (LYRA) only with the crypto pairs it shows you.
With this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We select ADA/USDT because we have funds in this set. When we do this, it instantly loads the crypto graph and the order book with all the buy and sell operations.
To be able to make the operation, it is necessary to enter the corresponding password.
At the bottom on the right-hand area, it displays us the financial markets to trade crypto, instantly enabling «Spot». There we now have 3 options to buy Lyra (LYRA). Those are the following:
You can also configure the order activation and process it at the ideal market price. You will do this by going to "Stop Market", and typing in «Stop Price» the value you prefer the Lyra (LYRA) to get to activate the order and the amount of USDT to invest. By hitting Buy Lyra (LYRA), your order will be processed at the market rate when it is the just like the stop price you have set.
With any of these alternatives, you already have the Lyra (LYRA) tokens you have bought in your trading account. From this moment you’re free to trade with this or you can purchase other cryptos. Remember that with Lyra (LYRA) you will only be capable of get the cryptos available in their pairs. Often you will need to trade your Lyra (LYRA) for a crypto that typically appears in the Lyra (LYRA) pairs, such as BTC, USDT, and BNB, and you could buy the one that you really expect.
You can now buy a Lyra (LYRA) using Kucoin.
| Exchange | Market Pairs | Buy |
|---|---|---|
| SushiSwap | MIM/WETH | - |
| Bancor Network | DGD/BNT | - |
| BKEX | SYS/USDT | - |
| Uniswap (V3) (Optimism) | WETH/KROM | - |