Purchasing Oracle System (ORC) on the Binance platform
Binance is among the most reputed trading platforms in the world.
Understanding how to buy Oracle System (ORC) is essential if you wish to get started on operating on that platform.
Continue reading this post and you will discover all what you need to know about purchasing crypto on Binance.
----
Figure out how to register on Binance
There is only way to get started in trading on Binance: subscribing to it.
To do so, you should follow each of the instructions listed below.
Proceed to the Binance homepage and press on the "Register" key.
You can log in directly by pressing here.
Now click on the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple devices as well.
In this post, we’ll will describe how to register using an e-mail address.
- In the screen that is shown, pick your country of residence from the drop down list.
- Now, write your email address and a keycode. Be well aware that you are going to trade money, you should give importance to the password you set up
- Now you must accept "Terms of Service" and, if you wish to receive information, updates and news from Binance in your email address, click in the corresponding box
You should have received an e-mail sent to the address you’ve just used for subscribing on the Binance platform. It will have an activation code you will enter in the corresponding box. Then press "Send"
And that’s it! You are now signed up with Binance.
It would be a nice idea to navigate through the different areas of the Binance platform and get acquainted to them.
You’ll realize how simple is to start operating with Oracle System (ORC).
The ID verification is a mandatory step you must fulfill to get access to all these options.
Please, be well aware that it is only after you have fulfilled this security measure that you’ll be authorized to start operating with Oracle System (ORC).
No big deal, though. See the following paragraphs to fulfill that step.
Learn to complete the verification of your Binance account and put hands on trading
The following are the instructions to verify your Binance subscription and get the permission to start operating:
Pick "Security" from the drop-down list under the user profile area
You may also press "Verify" button at the top of the screen
Look for the option "Identification" on the left part of the screen.
Now you should select your country of residence.
Now you’ll will immediately see three verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Click on the "Start now" button below the "Verified" label, for this will be your beginning level.
In this step, the subscriber is asked to enter some personal information:
- Nationality.
- First Name and Surname.
- Second name and date of birth.
- Exact address of your residence.
- Second name and date of birth.
- Middle name and date of birth.
The next step is to sustain your identity with a legal document.
passport, ID card or even a driver’s license will be enough to fulfill this formality.
Now, you will have to take a selfie, according to the platform’s guidelines.
After completing all those requisites, the Binance system will perform a verification process on your account.
So, be patient, Binance is going to send you an email when your request has been approved.
Congrats! As soon as you’ve received the confirmation you’re officially licensed to trade Oracle System (ORC). The following instructions will be helpful.
Buying Oracle System (ORC) on Binance
So, account validated means you can begin buying Oracle System (ORC) right now.
First you need to figure out how to convert money into Oracle System (ORC).
Now you’ll need to present a legal document to verify your identity.
ID card, passport or even a license will be enough to fulfill this requirement.
In the next stage, you will have to take a selfie, following the application’s instructions.
Once those steps have been fulfilled, the Binance platform will carry out a confirmation process on your account.
As soon as your profile has been approved, you will be informed via email, just be patient.
After that, it’s time to purchase Oracle System (ORC), to do so follow the guidelines below.
Purchasing Oracle System (ORC) on Binance
Now that you are registered on the platform and got your account approved, you’re able to begin trading.
In this section you’ll learn how easy is to buy a Oracle System (ORC).
Take into account that you could have different alternatives for this process
Use the "Buy cryptos" menu on the Binance main page to find out which alternatives can be found when buying.
Certainly, you’ll only be able to do this after you’ve logged in
Unveil all the different purchase options just by placing your mouse over this button.
Now you’ll have to to present a legal document to verify your identity.
You can do this by using your ID card, passport, or license.
Follow the system guidelines to take a selfie.
After completing all those requirements, the Binance system will do a verification process on your account.
Now you have to wait until your profile has been accepted. Be patient, the platform is going to send you an email.
The following instructions will guide you through the Oracle System (ORC) trading process. As soon as you’ve received the confirmation e-mail, you have become a Binance authorized Oracle System (ORC) trader.
How to buy Oracle System (ORC) on Binance
All right, account confirmed was all you needed to begin purchasing Oracle System (ORC) immediately.
In this section you’ll learn how simple is to invest your money in Oracle System (ORC).
You may have more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference at buying time.
Needless to say you must log into your account to do this
Placing your mouse pointer over this option will show a list of alternatives for making your purchase.
Did you know you can use your credit or debit card for buying cryptos?
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
These directions will be helpful to continue the process:
In the next box, choose the currency you want to buy with and indicate how much you want to invest.
The the Oracle System (ORC) you would like to purchase should be picked from the second field
The quantity of Oracle System (ORC) you are going to receive will depend upon the amount of USD you have just specified. The Binance system will automatically show it to you.
The following directions will help you in the process:
Currency to be used and amount of the investment should be indicated here.
Next, choose the Oracle System (ORC) you’re going to buy
The number of Oracle System (ORC) you will receive will depend upon the amount of USD you have just specified. The Binance system will immediately display it.
Next click "Continue".
Now you must define the method of payment you’ll use. To pay with a credit card, choose in the "Visa/Mastercard" field the option "Add card".
Card data must be entered in this step, then press "Next".
In this step you must indicate the address the credit card is associated to. Enter it exactly as it is, then choose "Add card".
Press "Continue" once you check your card has been successfully included in your account as a new payment method.
The platform will now show you the details of the purchase order you are generating. The amount you will pay with the currency you have picked, and the Oracle System (ORC) you will receive.
It will also state the commission you should pay for the operation.
Now you must acknowledge the order pressing the "Confirm" button during the next minute, or it will be automatically shut down.
The Binance platform will now reroute you to the credit card issuing bank. There you should complete a standard on-line payment using your credit card.
You can check your Binance digital wallet (referred to as the «Spot Wallet») when the banking process has been done and you’ll see your recently bought Oracle System (ORC) already there
Purchase Oracle System (ORC) via Binance P2P
You could get Oracle System (ORC) not only by means of a direct purchase, but trading them «Person To Person»
with another Binance user too. You should indicate the payment method you would want to use first.
The platform will now show you the synthesis of the order you are creating. The amount your card will be charged in the currency you’ve selected, and the Oracle System (ORC) you will get.
Another important detail in this quick view is the amount Binance will charge you as a commision for making the operation.
At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
The system will now send you to the bank issuing the credit card. Proceed just as you usually do when making a payment with your card on the bank website.
Your recently bought Oracle System (ORC) will be available in your Binance digital wallet (called the «Spot Wallet») after the banking process has been completed
Know how to buy Oracle System (ORC) via Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging Oracle System (ORC)
with another Binance subscriber. To achieve this, the first step is to state which payment method you would want to apply.
- Click on "Security" in your account.
- In the menu on the left-hand side click on "Payment".
- Choose "Add a Payment Method" and the Binance platform will guide you through the rest of the process.
Now that the new method of payment has been configured in your account, go to the top part of the display and pass over "Buy Crypto" to drop-down the list of options and select "Trading P2P". Then see the following steps:
- Press the "Buy" option on the top bar of the "P2P Account" tab
- In this bar you’ll see the list of Oracle System (ORC) available for buying through P2P trading. Pick the one you would like to buy, in our case we will use «USDT» as an example.Buying any crypto via P2P trading will allow the subscriber to exchange it on Binance for any of the currencies available.
- Choose the currency you want to use from the drop-down menu under the "Fiat" column, for instance, «VES».
- Now you must indicate the sum in VES you’re going to use in the "Amount" box.
- You will be able to see a register of traders’ offers as soon as you’ve defined the method of payment.
- Locate a seller from the displayed list. We suggest that you choose a verified one with a high completed sales rate.
- Click on "Buy USDT"
- Now the amount you would want to pay in VES must be typed
- Again, click on "Buy USDT"
- Now a purchase order has been generated and you’ll be able to contact the seller. Make the payment, press "Transferred, Next", then press "Confirm". Notice that there’s a limited time for you to pay.
How to transfer your Oracle System (ORC) to the Spot Wallet
When you have made a payment to the trader, they will be able to release the Oracle System (ORC), by confirming invoice of the payment.
This way, they will quickly be added to your account balance.
Take into account that your Oracle System (ORC) must be in your Spot Wallet in case you want to purchase others, so you need to send them there before.
You can move them immediately right after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This Oracle System (ORC) internal transfer can be done anytime later.
How you can transfer your Oracle System (ORC) 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 Oracle System (ORC) must be in your Spot Wallet in case you want to get others, so you will need to move them there before.
To get this done, you only need to press "Transfer to Spot Wallet" right after the purchase order has been completed.
This Oracle System (ORC) internal movement can be performed anytime later.
- Hover the mouse over "Wallet" and select "Wallet Funds" from the drop-down list.
- See the "Transfer" option at the top right and press it.
- Change the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency in which you have money, in the example here we use «USDT»
- Type the amount you are moving for the Exchange and click "Confirm".
That’s it! Now you will have funds in the Spot Wallet so you will be able to buy any of the huge selection of Oracle System (ORC) within the Binance platform.
Purchase any crypto from the Binance platform just following the steps described below:
- In the upper section, loate the "Trading" option.
- Select "Convert" from the list.
- Input the sum of «USDT» you would like to invest.
- Now select the cryptocurrency you’re about to get.
- Select "Preview conversion".
- Confirm the operation and that’s it. You will have the amount of the selected cryptocurrency in your Spot Wallet.
That’s it! This way you will have funds in the Spot Wallet and you will be able to trade any of the numerous Oracle System (ORC) within the Binance platform.
Buy any crypto from the Binance platform just following the instructions detailed next:
- Locate the "Trading" menu in the top top section.
- In the listing select the "Convert" option.
- Indicate the sum of «USDT» you would like to spend.
- Now select the crypto you’re interested in.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
This text surely pictured you a wide vision of what Binance is and how you can do business with Oracle System (ORC) on it.
So, no need to think twice, make a worthwhile business within the Binance platform.