Look for the "Register with a phone or email" button in the main page and press it.
iOS tablets or mobile phones can be used as well.
For the purpose of this post, the email address subscription process will be explained.
First, pick the country from the drop down list according to your place of residence.
Now the extremely important step: password. Choose an alphanumeric word rare enough not to be simply guessed. Never use your birth date, middle name or things like that. Be well aware that it’s your cash what will be protected by that word
Mark if you want to receive information and news directly from Binance to your email address. Accept the "Terms of Service" and press "Create Account"
The Binance platform will immediately send a one-time-only activation keycode (remember: this is NOT the password you’ve created) that you’ll write it in the corresponding line, then press "Send"
And that’s it! You are now registered to Binance.
Now you may navigate the Binance platform and review all the options it has to offer.
This way you canyou will be able to begin trading Maker (MKR) conveniently.
The identity verification is a mandatory step you must complete to get access to all these options.
It is very important to notice that until you complete this protection step, you will not obtain permission to start operating with Maker (MKR).
In the following paragraphs, you’ll learn how to do it. Hassle-free.
Verify your account to get started on trading
Read the following guidelines and become an authorized subscriber:
On the main page, place the mouse pointer on the user profile button and a list will immediately show up where you will need to click on "Security"
Another alternative is to move to the upper part of the screen and click on the "Verify" button
Locate the option "Identification" on the left part of the navigator window.
Country of residence must be selected here.
You’ll will immediately find three verification levels:
The one you already have.
The Verified Plus.
To begin, select "Start now" just by the "Verified" level.
Then a pop-up window will be shown and there you must enter the following info:
First and Last Name.
Middle name and birth date.
Residence address (exact).
At this point, the Binance platform will ask you to provide a legal document for identity verification.
passport, ID card or even a license are all valid documents to fulfill this condition.
Now the system will require you to take a selfie following certain guidelines.
Now you will have to wait for a short time while an account verification process is performed.
Once your request has been accepted, Binance will send you an email, just be patient.
After that, it’s time to get Maker (MKR), to do so see the instructions below.
Purchasing Maker (MKR) on Binance
Starting your Maker (MKR) trading experience has never been so easy, right?.
Learning how to convert cash into Maker (MKR) is not that hard.
Next, you’ll have to to present a legal document to support your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Now the platform will require you to take a selfie following certain instructions.
The last step is on Binance’s side: a certification process that will just take a while.
All you have to do is be patient, Binance is going to send you an email once your application has been approved.
The following instructions will guide you through the Maker (MKR) buying process. As soon as you’ve received the confirmation email, you have become a Binance authorized Maker (MKR) trader.
Buying Maker (MKR) on Binance
Since you are registered on the Binance platform and have your account validated, you can start trading.
In this segment you’ll discover how simple is to convert money into Maker (MKR).
Be aware that you have more than one option for this process
Use the "Buy cryptos" menu on the Binance main page to find out which options you have when buying.
Certainly, you’ll only be able to do this after you’ve logged in
Place your mouse over this key and a list of buying alternatives will be shown.
Next, you’ll need to use a legal document to sustain your identity.
You can do this with your ID card, passport, or license.
Now, you will be asked to take a selfie, according to the application’s instructions.
Once those steps have been fulfilled, the Binance platform will execute a verification process on your account.
Once your application has been approved, you’ll be notified via e-mail, just be patient.
After that, it’s time to acquire Maker (MKR), just follow the instructions below.
Purchasing Maker (MKR) on Binance
Since you are subscribed to the Binance platform and have your account verified, you are OK to start trading.
Understanding how to buy a Maker (MKR) is not so difficult.
You may find different alternatives throughout the process
To know which alternatives you have when buying, look for the "Buy cryptos" menu on the Binance main page.
You must, of course, do that after you’ve logged into your account
Place your mouse on this key and a list of buying alternatives will be shown.
Did you know you could use your debit or credit card to purchase Maker?
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Read on for further directions:
Now you should select the currency you want to buy with and type the amount you want to invest.
The the Maker (MKR) you wish to purchase should be selected from the second field
After you do so, the system will automatically show you the quantity of Maker (MKR) you are going to be given, taking into account the amount of USD you’ve just stated.
After that, just carry out these guidelines:
Currency preferred and how much to invest must be stated in the next box.
Next, select the Maker (MKR) you are going to buy
Depending on the amount of USD you’ve recently invested, the system will immediately show you the quantity of Maker (MKR) you will receive.
Next click "Continue".
In case you want to pay with a credit card, select in the "Visa/Mastercard" field the option "Add card".
Card numbers must be typed in this step, then press "Next".
The credit card’s address should be indicated next. Be very careful, since you must enter it exactly as it is, otherwise your card won’t be accepted. Then choose "Add card".
Press "Continue" once you see your card has been successfully included in your user profile as a new method of payment.
Next, all the important details of the transaction will be displayed: the sum you are paying and the corresponding currency, and obviously, the cryptos you are going to receive.
Certainly, Binance will take a certain percentage as a commission for supporting the operation, and that will be shown in that quick view as well.
At this point you have 1 minute to click on "Confirm", otherwise the order will be automatically canceled.
Next, you’ll be redirected towards the site of the bank issuing the credit card. Proceed just as you usually do when making a standard on-line credit card payment.
You may take a look at your Binance e-wallet (referred to as the «Spot Wallet») once the banking procedure is complete and you’ll see your recently bought Maker (MKR) already there
Buy Maker (MKR) via Binance P2P
You could buy Maker (MKR) not only via a direct purchase, but exchanging them «Person To Person» with another Binance user too. Method of payment is the first setting you will state.
Next, you’ll be presented a snapshot of the operation about to be completed. It includes the amount you are paying, the chosen currency and the amount of Maker (MKR) bought.
Another important detail in this summary is the sum you’ll be charged as a commision for making the operation.
At this point you have 1 minute to press "Confirm", otherwise the order will automatically expire.
The following step needs to be carried out on the credit card bank platform. There you should complete a standard on-line payment using your credit card.
Your recently purchased Maker (MKR) will be deposited to your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking procedure has been done
Purchase Maker (MKR) through Binance P2P
A different way to purchase a cryptocurrency is to trade it with another trader. Method of payment is the first parameter you should indicate.
Go to the "Security" section of your profile.
Click on "Payment" from the menu on the left.
After choosing "Add a Payment Method" the Binance platform will guide you through the rest of the procedure.
Now that the new payment method has been configured in your account, go to the upper part of the display and hover on "Buy Crypto" to drop-down the menu and click on "Trading P2P". Then see the following guidelines:
Look for the "Buy" button on the upper bar of the "P2P Account" tab and press it
Here you can pick the Maker (MKR) you’re interested in, among all those available for purchase through P2P operations. We use «USDT» for this example.Note that any Maker (MKR) bought in P2P trading could be exchanged by any of the foreign currencies available on Binance.
Choose the local currency you want to pay with from the drop-down list under the "Fiat" column, for example, «VES».
Use the "Amount" box to type the amount in VES you’d like to invest to purchase Maker (MKR).
Define the payment method and wait for the system to show you the register of the dealers that are currently offering Maker (MKR).
From the list list shown, you can pick any of the traders. It is advisable to choose one with the «Verified» mark and better if a high percentage of completed sales is displayed.
Press "Buy USDT"
In this step, the amount you would want to invest in VES must be input
Select "Buy USDT" once again
Now a buying order has been generated and the seller and you will be in touch. Complete the payment, press "Transferred, Next", then press "Confirm". Notice that there’s a time limit for you to make the payment.
How to transfer your Maker (MKR) to the Spot Wallet
The trader, upon receiving your payment, will instantly release the Maker (MKR).
You may verify your wallet account balance to confirm reception.
NB: you will need to transfer them to your Spot Wallet in order for you to get another cryptocurrency.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t do this, don’t worry, you can move the cryptos later.
Tips on how to transfer your Maker (MKR) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception acknowledge has been done.
You may check your wallet Binance balance to confirm reception.
Take into account that your Maker (MKR) must be in your Spot Wallet in case you want to get others, so you will need to send them there before.
You can move them immediately immediately after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
In case you didn’t follow this step, don’t be anxious, you can move the cryptos later.
Drop the "Wallet" list down and click on the "Wallet Funds" button.
The "Transfer" button is located on the upper right area of the navigator window. Click on it.
Configure the «From» and «To» options on the pop-up window to:
To: Fiat and Spot
For this post, we use «USDT» as an example, but you’ll obviously select the currency you have
Input the amount you are about to transfer to the spot walet and press "Confirm".
With these money already in your Spot Wallet, don’t fear to purchase any crypto you consider could yield the highest profit.
Purchase any cryptocurrency from the Binance platform just following the instructions described next:
Find the "Trading" option in the top section.
In the listing choose the "Convert" alternative.
Fill in the box the sum of «USDT» you would like to invest.
Now select the cryptocurrency you’re about to buy.
Click on "Preview conversion".
Validate the transaction and that’s all. You now will have the amount of the chosen crypto in your Spot Wallet.
All right! Now you have money available to purchase any of the numerous Maker (MKR) in the Binance platform.
Buy any cryptocurrency from Binance just following the steps detailed below:
In the top panel, select the "Trading" option.
Select "Convert" from the list.
Fill in the box the amount of «USDT» you wish to invest.
Now indicate the crypto you’re interested in.
Press "Preview conversion".
Validate the transaction and that’s all. Now you will have the amount of the chosen crypto in your Spot Wallet.
This post have surely pictured you a detailed vision of what Binance is and how you can trade Maker (MKR) on it.
Cryptos have come to stay, and Binance is a secure and friendly site to do business. Begin right now!
Know how to buy a Maker (MKR) on Kucoin
If you like to make money by buying cryptocurrencies, you should learn how to utilize the Kucoin platform. This trade is bringing good benefits for all its users, in fact it is making a lot more progress in all its tradings.
If you wish to learn very easily how to purchase a Maker (MKR) in Kucoin, you must read this post.
Once you have created your account into the Kucoin platform and complied the security requirements, you need to deposit your cash. This technique is fairly easy, and you have several ways to accomplish that.
One of them should be to enter to the «Balance» or «Assets» section at the top right in the navigator screen and select the «Deposit» button. Next, choose the Maker (MKR) you would like to put into your account to buy new cryptos, for instance, USDT.
Next, you should select the network you will utilize for completing the operation. All of us recommend Tron (TRC20) because it requires the lowest commissions.
Below you’ll find the address you must insert in the «Exchange» where you currently have the USDT you wish to transfer to Kucoin. Once you do this, you can expect to obtain the funds within your main account immediately.
Another option to fund your account is by charging your credit card or any other payment methods provided by the working platform. These options will depend on your country of residence availability.
If that is not working in your country, you should attempt moving funds to your account through P2P trading. This kind of deal means that you actually make a bank transfer to any of the documented traders to obtain any of the accepted cryptos.
Once you get the money in your account, it’s time for you to learn how to work with the Kucoin platform.
Learn how to buy a Crypto on Kucoin
Before buying a Maker (MKR) on Kucoin you need to send the money you have just purchased to the trading accounts. To get this done you have to navigate 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 as the currency you are about to use to complete the purchase.
A different option to fund your account is by charging your credit card or any of the other payment methods which are available from the working platform. These options will on your country of residence regulations.
If this doesn’t work in the country you’re currently living, you may attempt transferring funds to your account through P2P trading. This kind of transaction signifies that you actually make a traditional bank transfer to one of the authorized traders to receive any of the accepted cryptos.
Once you obtained the money in your account, it’s the perfect time to learn how to use the Kucoin platform.
Learn how to buy a Crypto on Kucoin
Before buying a Maker (MKR) on Kucoin you must send the money you have just purchased to the trading accounts. To do this you must go to the «Balance» menu, click the main account, enter the cryptocurrencies after which choose «Transfer». This last button can be located on the same line than the currency you are going to use to complete the purchase.
Next, you are directed to a menu to select where you wish to send the funds. You need to transfer from the "Main Account" to the «Trading Account», and add the currency and the quantity you want to send to trade. Then click «Confirm».
Now that you got the money in your account, you can buy your crypto and start trading.
Buy Maker (MKR) quick and safely
Next you will learn how to purchase Maker (MKR) in different methods. To begin, you should open up the «Trade» menu and choose «Spot trading» (Spot Market). Then enter the acronym Maker (MKR) in the search box at the top corner of the web page.
The platform will show you the crypto pairs you can operate with.
In other words, you will only be in a position to buy Maker (MKR) just with the crypto pairs it shows you.
In this case, you’re able do it with «USDT», «USDC», «KCS», and «BTC».
We select ADA/USDT as we’ve got funds in this two. When we do so, it automatically loads the crypto information and the order book containing the buy and sell businesses.
For being able to complete the transaction, you ought to type the corresponding key.
Purchase Maker (MKR)
At the bottom on the right-hand part, the platform shows the user the markets to trade crypto, immediately enabling the «Spot». There we now have 3 ways to purchase Maker (MKR). Those are the following:
This is how you purchase instantly at the market price. You simply add the quantity of «USDT» you would like to spend or perhaps type the proportion of your money and press on Buy Maker (MKR). The Maker (MKR) funds will immediately be deposited to your account.
Configure buy order
You can also configure the order activation but process it at the greatest market price. You do this by going to «Stop Market», and writing in "Stop Price" the amount you want the Maker (MKR) to achieve to activate the order and the amount of USDT to pay. By simply clicking Buy Maker (MKR), your purchase will be processed at the market rate once it is the same as the stop price you’ve just determined.
Step 9 purchased
With just one of these three options, you’ve already got the Maker (MKR) tokens you have purchased available in your trading account. From this moment you may make transactions with this or you can get other cryptos. Remember that with Maker (MKR) you’ll only be capable of get the cryptos available in their pairs. Often you will need to sell your Maker (MKR) for a crypto that mostly appears in the Maker (MKR) pairs, such as BTC, USDT, and BNB, then you could purchase the particular one you really wish.