Purchasing Myriad (XMY) on the Binance platform
You can find many trading platforms on the ’net nowadays, but clearly Binance is one of the most popular and reputed.
Learning how to buy Myriad (XMY) is essential if you wish to begin operating on that platform.
Keep on reading this article and you’ll find all the information you need for purchasing crypto on Binance.
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Discover ways to register on Binance
There’s only way to start trading within Binance: opening an account in it.
Subscribing onto the Binance platform is easy: check the following guidelines.
Visit the Binance main page and press on the "Register" option.
Access directly to Binance by clicking here.
In the Binance homepage you’ll find a button labeled "Register with a phone or email". Click on it.
Apple phones or tablets can be used to do this as well.
For the purpose of this post, the e-mail address subscription process will be shown.
- From the drop-down list of countries, pick the one you’re living in.
- Now the crucial step: password. Define a string of characters rare enough not to be easily guessed. Don’t use your name, birth date or things like that. Be well aware that it’s your cash what will be secured by that word
- If you wish to be informed periodically via email about Binance news, mark in the corresponding option. Next, you must accept the "Terms of Service" and that’s almost all. Your account has been created Now it just needs to be verified via e-mail
See the inbox of the email address you utilized for registration and search the activation code for your Binance account. Write it in the corresponding box and press "Send"
You’re now a Binance user!.
It would be a good idea to have a walk through the different areas of the Binance platform and become familiar with them.
You’ll immediately notice how simple is to begin operating with Myriad (XMY).
Complete the required ID verification to enable all these options.
Please, take into account that it is only after you have fulfilled this safety measure that you’ll be able to begin operating with Myriad (XMY).
In the next instructions, you’ll see how to do it. Hassle-free.
Verify your Binance account to get started on trading
Read the next guidelines and become a certified end user:
Click on "Security" from the drop-down list under the user profile section
Another alternative is to move to the top of the screen and press the "Verify" button
Select "Identification" on the left options list.
Select the Country of Residence.
It will show you three verification levels: the one you already have, the Verified, and the Verified Plus.
To begin, press "Start now" just under the "Verified" level.
A new window will be displayed, and there you will be required to give your personal data: Nationality, first name and surname, second name and date of birth. Besides, make sure you type the exact address of your residence
Next, you’ll need to provide a legal document to support your identity.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
Now you’ll have to wait for a short time while an account confirmation process takes place.
Now wait patiently, Binance will let you know via email as soon as your request has been accepted.
Congrats! As soon as you’ve got the confirmation you’re officially enabled to buy Myriad (XMY). See the guidelines that follow.
How to purchase Myriad (XMY) on Binance
Beginning your Myriad (XMY) trading career has never been so easy, right?.
In this segment you’ll realize how easy is to make a purchase of Myriad (XMY).
It is time to verify your identity with a legal document.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system instructions to take a selfie.
After fulfilling all those requirements, the Binance platform will carry out a confirmation process on your account.
Now wait patiently, Binance is going to let you know via email as soon as your profile has been accepted.
After that, it’s time to buy Myriad (XMY), to do so see the instructions below.
Learn to buy Myriad (XMY) on Binance
So, account approved was all you needed to begin buying Myriad (XMY) immediately.
Take a time to learn how to invest your money in Myriad (XMY).
You may find more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Certainly, you’ll only be able to do this once you are logged in
See all the different buying options just by placing your mouse over this button.
Now you’ll need to show a legal document to verify your identity.
ID card, passport or even a driver’s license will be enough to complete this formality.
Follow the system requirements to take a selfie.
Once those requisites have been completed, the Binance platform will execute a verification process on your account.
Once your application has been approved, the system is going to send you an e-mail, just be patient.
Congratulations! Once you’ve got the confirmation you’re officially licensed to operate with Myriad (XMY). See the guidelines that follow.
Learn to buy Myriad (XMY) on Binance
So, account verified means you can begin buying Myriad (XMY) right now.
The first thing is to discover how to convert money into Myriad (XMY).
Be aware that you may have different options for this process
To know which options can be found when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
Obviously, you’ll only be able to do this once you are logged in
Hover your mouse over this button and a list of buying alternatives will be displayed.
Buying Myriad (XMY) with a credit/debit card
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
These guidelines will help you in the process:
Now you must pick the currency you want to buy with and type the amount you are going to invest.
Next, select the Myriad (XMY) you are going to buy
Once you do so, the platform will automatically display the number of Myriad (XMY) you are going to get, taking into account the amount of USD you’ve just specified.
Read on for detailed guidelines:
Now you must select the currency you want to use and enter the amount you are going to invest.
In the second field you must choose the Myriad (XMY) you’d like to purchase
The number of Myriad (XMY) you will receive will depend upon the amount of USD you’ve recently defined. The Binance platform will automatically show it to you.
Click on "Continue".
In case you decided to pay with your credit card, pick in the "Visa/Mastercard" box the option "Add card".
Enter your card data and press "Next".
The following field is intended to enter the address associated to the credit card. Write it exactly as it is, then choose "Add card".
With this, your card will be added to the payment methods in your user profile. Press "Continue".
Next, you’ll be presented an overview of the transaction in its final stage. That includes the amount your card will be charged, the chosen currency and the amount of Myriad (XMY) bought.
It will also let you know the commission will be charged for the purchase.
At this point you have 1 minute to click on "Confirm", otherwise the order will automatically expire.
After this, you will be redirected towards the banking platform the credit card belongs to. Follow the steps in the same way you would pay with your credit card.
You can check your Binance e-wallet (referred to as the «Spot Wallet») after the banking process has been completed to see your recently purchased Myriad (XMY) already credited
Purchase Myriad (XMY) with Binance P2P
You can get Myriad (XMY) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. Payment method is the first parameter you will add.
Next, all the important details of the transaction will be presented: the sum to be charged on your credit card and the corresponding currency, and obviously, the cryptos you are going to receive.
Certainly, Binance will charge you a certain percentage as a commission for making the operation, and it will appear in that overview as well.
Now you must accept the order clicking on the "Confirm" button during the following 60 seconds, or it will be automatically canceled.
The system will now redirect you to the bank issuing the credit card. Proceed just as you do when making a payment with your card on the bank website.
After the banking process has been finished, you are already in possession of the recently bought Myriad (XMY) in your Binance digital wallet (called the «Spot Wallet»)
Learn how to buy Myriad (XMY) with Binance P2P
A different way to get a cryptocurrency is to exchange it
with another person. To achieve this, the first step is to indicate which payment method you would want to apply.
- Go to "Security" in your profile.
- From the list on the left-hand side select "Payment".
- Select "Add a Payment Method" and 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 top bar of the navigator and pass over "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following instructions:
- On the top bar of the "P2P Account" tab, select "Buy"
- Here you can select the Myriad (XMY) you’re interested in, among all those available for purchase through P2P trading. We present «USDT» in this guide.It is important to note that once you buy one of these cryptocurrencies via P2P trading, you’ll be able to exchange it for any of the foreign currencies that operate on the Binance platform.
- Choose the local currency you want to make the payment with from the drop-down list under the "Fiat" label, for example, «VES».
- Use the "Amount" box to enter the amount in VES you’re going to spend to purchase Myriad (XMY).
- Select the method of payment and wait for the platform to display all the traders’ ads.
- From the list list shown, you can pick any of the sellers. However, it is advisable to choose one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Click on "Buy USDT"
- Write the amount in VES you would want to pay
- Again, click on "Buy USDT"
- Now an order has been created and you’ll be able to contact the seller. Make the payment, click on "Transferred, Next", then press "Confirm". Note that there’s a limited time for you to pay.
Tips on how to transfer your Myriad (XMY) to the Spot Wallet
After you have made a payment to the trader, they will release the Myriad (XMY), by confirming invoice of the payment.
You may see your wallet Binance balance to confirm reception.
Take into account that your Myriad (XMY) must be in your Spot Wallet in order for you to buy others, so you will have to send them there before.
That’s easy: just press "Transfer to Spot Wallet" immediately after the purchase order has been completed.
If you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it at any moment.
Learn how to transfer your Myriad (XMY) to the Spot Wallet
The trader, upon confirming money reception, will instantly release the Myriad (XMY).
The default place where Myriad (XMY) are deposited is your account wallet.
Take into account that your Myriad (XMY) must be in your Spot Wallet in case you want to get others, so you must send them there before.
You can move them immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
In case you didn’t do this, don’t fear, you can do it at any other moment.
- Place the mouse pointer upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- Locate the "Transfer" option on the upper right area of the navigator window and press it.
- Configure the «From» and «To» options on the pop-up window to:
- From: Funds
- To: Fiat and Spot
- Select the currency corresponding to your funds in the platform, in this example we’ll use «USDT»
- Type the amount you are about to move for the Exchange and click "Confirm".
With these money already in your Spot Wallet, don’t fear to buy any cryptocurrency you think will be profitable.
To buy Myriad (XMY) from the Binance platform all you have to do is the following:
- In the top section, select the "Trading" option.
- In the list choose the "Convert" option.
- Fill in the box the sum of «USDT» you would like to spend.
- Select the crypto you would like to purchase.
- Choose "Preview conversion".
- Validate the operation and that’s it. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.
That’s it! Now you will have funds in the Spot Wallet so you will be able to trade any of the huge selection of Myriad (XMY) within the Binance platform.
Note how simple is to purchase any crypto from the Binance platform:
- Find the "Trading" option in the top upper panel.
- From that list choose the "Convert" option.
- Fill in the box the sum of «USDT» you would like to invest.
- Choose the crypto you intend to purchase.
- Select "Preview conversion".
- Confirm the operation and that’s all. You will have the funds of the selected cryptocurrency in your Spot Wallet.
Depending on the above mentioned information, you are now ready to begin trading on Binance.
So, no need to think twice, make a profitable business within this crypto platform.