Guide Mirror Protocol (MIR) Token. What is it, price and risks

Learn how to purchase Mirror Protocol (MIR) on the Binance platform

There is no doubt one of the world’s leading trading platforms today is Binance.

Therefore, the first thing you need to to do if you wish to start operating on it is to figure out how to purchase Mirror Protocol (MIR).

The goal of this post is to teach the reader on how to buy Mirror Protocol (MIR) on the Binance Mirror Protocol (MIR) platform.

Discover ways to register on Binance

Opening a Binance account is the initial step you must do.

Registering on the platform is simple: see the following instructions.

Search for the "Register" option in the Binance main page and click on it to start the registration process.

Press here to go straight to the Binance platform.

In the Binance main page you’ll find a button with the label "Register with a phone or email". Click on it.

You can also do this using your iOS phone.

In this post, we’ll will show you how to do this using an e-mail address.

• From the drop-down list of countries, choose the one you reside.
• Following, type your e-mail address and a password. Be well aware that you will trade money, so you ought to give importance to the password you set up
• Indicate whether you wish Binance to send news and information direct to your e-mail. Accept the "Terms of Service" and press "Create Account"

By now, you surely have received an email in the address you’ve just used for registering on the Binance platform. In its text you’ll see a one-time-only activation password you’ll have to will enter in that page. Then press "Send"

That’s it! You are now subscribed to Binance.

It would be a nice idea to navigate through the different options of the Binance platform and get acquainted to them.

This way you canyou will be able to start operating with Mirror Protocol (MIR) very easily.

Complete the required identity verification to enable all these options.

Please, be well aware that it is only after you have completed this safety step that you’ll be authorized to start operating with Mirror Protocol (MIR).

In the next section, you’ll see how to do it. Zero problems.

Verify your account to start out trading

These are the instructions to verify your Binance subscription and get authorized to begin trading:

Choose "Security" from the drop-down list under the user profile section

You can also click on the "Verify" button on the upper part of the screen

Press "Identification" on the left menu.

Select the Country of Residence.

The platform will display you three verification levels: the current one, the Verified, and the Verified Plus.

To begin, select "Start now" located near the "Verified" level.

Then it displays a pop-up window in which you will have to write the following info:

• Nationality.
• First and Last Name.
• Middle name and date of birth.
• Exact address of your residence.

The next step is to sustain your identity with a legal document.

Use your ID card, passport or even your driver’s license to complete this step.

Follow the system guidelines to take a selfie.

The final step is on Binance’s side: a confirmation process that will just take a while.

As soon as your application has been accepted, the system is going to let you know via email, just be patient.

After that, it’s time to purchase Mirror Protocol (MIR), just follow the guidelines below.

Buying Mirror Protocol (MIR) on Binance

Learning how to buy a Mirror Protocol (MIR) is actually quite easy.

At this point, the Binance platform will ask you to provide a legal document for identity verification.

Use your passport, ID card or even your license to complete this step.

Follow the system guidance to take a selfie.

After you have fulfilled the system’s requisites, you’ll have to wait a short time for the verification to be performed on your account.

Now be patient, Binance will let you know via e-mail as soon as your profile has been approved.

The following instructions will guide you through the Mirror Protocol (MIR) purchasing process. As soon as you’ve received the confirmation e-mail, you have become a Binance authorized Mirror Protocol (MIR) trader.

Purchasing Mirror Protocol (MIR) on Binance

Learning how to make a purchase of Mirror Protocol (MIR) is not that hard.

You may have more than one option throughout the process

To find out which alternatives are available to you when making a purchase, see the "Buy cryptos" menu on the Binance homepage.

Needless to say you must be logged into your account to do this

Find all the different buying options just by hovering your mouse over this button.

Next, you’ll have to to provide a legal document to check your identity.

Use your passport, ID card or even your driver’s license to complete this step.

Now, you will be asked to take a selfie, following the platform’s guidelines.

Once those steps have been fulfilled, the Binance platform will perform a confirmation process on your account.

So, wait patiently, Binance is going to send you an e-mail once your request has been approved.

Congratulations! Now you’re officially enabled to trade Mirror Protocol (MIR). The following guidelines will be helpful.

Buying Mirror Protocol (MIR) on Binance

Take a time to understand how to make a purchase of Mirror Protocol (MIR).

You may find different options throughout the process

Browse through the "Buy cryptos" menu on the Binance main page to know which options are available to you when making a purchase.

Obviously, you’ll only be able to do this if you’re logged in

Find all the different buying options just by hovering your mouse over this button.

Did you know you could use your credit or debit card to purchase Mirror Protocol?

Select the credit card-related option from the "Buy Cryptos" drop-down menu.

Read on for detailed guidelines:

Currency preferred and amount of the investment must be stated here.

Next, pick the Mirror Protocol (MIR) you are going to get

Once you do so, the platform will immediately show you the number of Mirror Protocol (MIR) you will get, taking into account the amount of USD you’ve just invested.

After that, just adhere to the following guidelines:

In the next box, pick the currency you want to use and indicate the amount you want to invest.

Next, select the Mirror Protocol (MIR) you’re going to purchase

The quantity of Mirror Protocol (MIR) you are going to receive will depend upon the amount of USD you’ve recently specified. The Binance system will immediately show it to you.

Click on "Continue".

In case you’re going to pay with your credit card, select in the "Visa/Mastercard" box the button "Add card".

Card details must be typed in this step, then click "Next".

In this step you must write the address associated to the card. Enter it exactly as it is, then select "Add card".

Click "Continue" after you see your card has been successfully included in your account as a new payment method.

The next screen will display a snapshot of the transaction about to be completed. That includes the sum you will pay, the selected currency and the amount of Mirror Protocol (MIR) you will receive.

Certainly, Binance will take a small amount as a commission for making the transaction, and that will be shown in that quick view also.

Now you have to accept the order clicking on the "Confirm" button within the next 60 seconds, or it will be automatically canceled.

Next, you’ll be redirected towards the site of the bank issuing the credit card. Proceed exactly as you do when making a payment with your credit card on the bank website.

When the banking process is complete, you are already in possession of the purchased Mirror Protocol (MIR) in your Binance e-wallet (referred to as the «Spot Wallet»)

Know how to purchase Mirror Protocol (MIR) through Binance P2P

Next, all the relevant details of the operation will be displayed: the sum you’ll pay and the corresponding currency, and of course, the cryptos you will receive.

It will also state the commission will be charged for the operation.

At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.

The platform will now redirect you to the bank issuing the credit card. Proceed just as you usually do when making a payment using your credit card on the bank website.

Your recently bought Mirror Protocol (MIR) will be available in your Binance e-wallet (referred to as the «Spot Wallet») when the banking procedure is complete

Purchase Mirror Protocol (MIR) through Binance P2P

1. Go to "Security" in your account.
2. Press "Payment" on the left-hand side of the screen.
3. Press the "Add a Payment Method" button and follow the system instructions.

Now that the new method of payment has been configured in your account, go to the upper bar of the navigator and pass over "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following instructions:

1. On the top bar of the "P2P Account" menu, select "Buy"
2. The complete set of Mirror Protocol (MIR) available for purchase through P2P operations will be shown in this menu, so you will be able to select the one you’re interested in. As for this example, we present «USDT».Buying any crypto through P2P trading will allow the subscriber to exchange it on the Binance platform for any of the foreign currencies available.
3. Choose the local currency you want to use from the drop-down list under the "Fiat" column, for example, «VES».
4. You need to input the amount in VES you’d like to spend in the "Amount" box.
5. Indicate the payment method and wait for the platform to show you all of the traders that are offering Mirror Protocol (MIR).
6. Any of the sellers shown in the list can be chosen, but it is recommendable to select a verified one (see the blue diamond mark), and even better, a high-volume seller (golden star badge).
7. Press "Buy USDT"
8. Type the amount in VES you would like to pay
9. Click on "Buy USDT" again
10. A purchase order has been generated and the trader and you will be able to contact each other for details, if needed. You have a limited time to make the payment, otherwise the order will be shut down by the platform (something not good for your rating as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".

Tips on how to transfer your Mirror Protocol (MIR) to the Spot Wallet

Cryptocurrencies will be released by the seller as soon as money reception validation has been done.

You may see your wallet Binance balance to confirm reception.

Take into account that your Mirror Protocol (MIR) must be in your Spot Wallet in order for you to buy others, so you will need to transfer them there before.

That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the buying order is completed.

This Mirror Protocol (MIR) internal transfer can be done anytime later.

Ways to transfer your Mirror Protocol (MIR) to the Spot Wallet

Cryptos will be released by the trader as soon as payment reception validation has been done.

You may check your wallet Binance balance to confirm reception.

Take into account that your Mirror Protocol (MIR) must be in your Spot Wallet in order for you to purchase others, so you must send them there before.

To do this, all you have to do is click on "Transfer to Spot Wallet" right after the buying order has been completed.

If you forget to do this right after the purchase, no problem at all: you’ll be able to do it at any moment.

1. Click on "Wallet Funds" from the "Wallet" drop-down list.
2. See the "Transfer" option at the top right and click on it.
3. In the pop-up window, swap the «From» and «To» options to the following settings:
• From: «Funds»
• To: «Fiat and Spot»
4. For this article, we use «USDT» as an example, but you’ll obviously choose the currency you have
5. Enter the amount you are sending for the Exchange and press "Confirm".

With these funds already in your Spot Wallet, don’t fear to trade any crypto you consider will be profitable.

Purchase any cryptocurrency from the Binance platform just following the steps described next:

1. Select the "Trading" option in the top upper panel.
2. In the list select the "Convert" alternative.
3. Fill in the box the sum of «USDT» you would like to invest.
4. Now select the crypto you’re interested in.
5. Click on "Preview conversion".
6. Validate the transaction and that’s it. You will have the amount of the selected cryptocurrency in your Spot Wallet.

That’s all! Now you will have funds in the Spot Wallet so you will be able to buy any of the huge selection of Mirror Protocol (MIR) within the Binance platform.

See how easy is to buy any cryptocurrency from Binance:

1. Pick the "Trading" option in the top upper panel.
2. Click on "Convert" from the list.
3. Enter the amount of «USDT» you would like to spend.
4. Select the crypto you would like to buy.
5. Select "Preview conversion".
6. Validate the transaction and that’s all. You now will have the funds of the selected crypto in your Spot Wallet.

This post surely pictured you a wide vision of what Binance is and how you can trade Mirror Protocol (MIR) on it.

Don’t wait any more and start generating some extra money.