Buying OwlDAO (OWL) on Binance
There is no doubt one of the most innovative trading platforms in the world nowadays is Binance.
However, if you need to begin trading on it, the first thing you must do is to discover ways to purchase OwlDAO (OWL).
This article will try to guide you on how to trade with OwlDAO (OWL) on the Binance OwlDAO (OWL) platform.
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Be able to register on Binance
There is only way to begin operating within Binance: registering to it.
Subscribing onto the platform is simple: check the following guidelines.
Search for the "Register" option in the Binance main page and click on it to start the registration process.
Click here to go straight to the Binance platform.
In the Binance homepage you’ll see a button named "Register with a phone or email". Click on it.
The Binance platform is totally compatible with iOS devices as well.
For the purpose of this post, the email address registration technique will be shown.
- From the drop down list of countries, select the one you’re living in.
- The next step is defining a safety password. This is of vital importance since it’s all about your money’s safety, so you must to define a robust one
- Mark if you wish to receive news and information directly from Binance in your inbox. Accept the "Terms of Service" and press "Create Account"
Binance will immediately send an activation code (NB: this is NOT the password you’ve created) that you’ll write it in the corresponding box, then click on "Send"
You’re now a Binance user!.
Now you may access the Binance platform and review all the options it has to offer.
You’ll immediately notice how simple is to begin trading OwlDAO (OWL).
The identity verification is a mandatory step you need to fulfill to gain access to all those options.
Important: No OwlDAO (OWL) trading will be permitted if you skip this protection measure.
No big deal, though. Read the next instructions to fulfill that step.
How to complete the verification of your Binance account and put hands on trading
To be an authorized subscriber you must complete the steps described below:
From the user profile menu, select "Security"
You can also press "Verify" button at the top of the navigator window
In the list shown on the left-hand area of the navigator window, pick the "Identification" option.
Here you’ll need to pick your country of residence.
You’ll will immediately find 3 levels of verification:
- The current one.
- The Verified.
- The Verified Plus.
Press the "Start now" button below the "Verified" label, for this is the beginning level.
At this point, you must enter certain personal data:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
- Second name and birth date.
- Middle name and date of birth.
Next, you’ll need to present a legal document to check your identity.
Use your passport, ID card or even your driver’s license to complete this step.
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 confirmation to be performed on your account.
Now you have to wait until your profile has been accepted. Be patient, the system is going to send you an email.
The following instructions will guide you through the OwlDAO (OWL) trading process. As soon as you’ve received the confirmation email, you have become a Binance authorized OwlDAO (OWL) trader.
Buying OwlDAO (OWL) on Binance
So, account approved means you can begin purchasing OwlDAO (OWL) immediately.
First you need to figure out how to invest your money in OwlDAO (OWL).
Now you’ll have to to use a legal document to corroborate your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
Now you will have to wait for a short time while an account confirmation process takes place.
So, wait patiently, Binance is going to let you know via email when your request has been approved.
The following instructions will guide you through the OwlDAO (OWL) buying process. As soon as you’ve got the confirmation e-mail, you have become a Binance licensed OwlDAO (OWL) trader.
Learn to purchase OwlDAO (OWL) on Binance
OK, account verified means you can begin buying OwlDAO (OWL) immediately.
Learning how to invest your money in OwlDAO (OWL) is actually quite easy.
Some processes may have alternative paths
The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.
You need to, of course, do this after you’ve logged into your account
Hover your mouse over this button and a list of buying alternatives will deploy.
Now you’ll need to provide a legal document to support your identity.
Use your passport, ID card or even your license to complete this step.
Now, you will be asked to take a selfie, following the application’s guidelines.
Once you have completed the system’s requisites, you will have to wait a while for the confirmation to be applied to your account.
Once your application has been accepted, you will be informed via email, just be patient.
After that, it’s time to buy OwlDAO (OWL), just follow the guidelines below.
Buying OwlDAO (OWL) on Binance
Starting your OwlDAO (OWL) trading experience has never been so easy, right?.
First you need to learn how to convert money into OwlDAO (OWL).
You may find more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
You will need to, of course, try this after you’ve signed into your account
See all the different purchase options just by hovering your mouse over this button.
Using your credit or debit card to buy cryptocurrencies
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Continue reading for further instructions:
In the next box, select the currency you want to buy with and indicate how much you are going to invest.
Next, choose the OwlDAO (OWL) you are going to buy
Depending on the amount of USD you have previously indicated, the system will automatically display the quantity of OwlDAO (OWL) you’ll be given.
These guidelines will help you in the process:
Currency to be used and amount of the investment must be defined here.
In the next field you should choose the OwlDAO (OWL) you wish to get
According the amount of USD you’ve previously indicated, the system will automatically display the number of OwlDAO (OWL) you will receive.
Now select "Continue".
Now it’s time to specify your method of payment. To pay with a credit card, choose in the "Visa/Mastercard" box the option "Add card".
CC data must be completed in this step, then click "Next".
In this step you must specify the physical address details of the card. Then select "Add card".
Press "Continue" after you check your card has been successfully added to your user profile as a new method of payment.
The platform will now show you the summary of the purchase order you are about to complete. The amount your card will be charged with the currency you’ve picked, and the OwlDAO (OWL) you will get.
It will also indicate the commission you should pay for the operation.
You have 60 seconds to click on "Confirm", otherwise the order will be automatically aborted.
The following step has to be carried out on the credit card banking system. Proceed just as you usually do when making a payment using your card on the bank website.
You may take a look at your Binance digital wallet (called the «Spot Wallet») after the banking procedure has been completed and you’ll find your recently bought OwlDAO (OWL) already there
Buy OwlDAO (OWL) with Binance P2P
You may get OwlDAO (OWL) not only via a direct purchase, but trading them «Person To Person»
with another Binance trader too. Method of payment is the first setting you must specify.
The next screen will display a snapshot of the transaction in its final stage. That includes the amount you will pay, the selected currency and the amount of OwlDAO (OWL) you will be given.
Another important detail in this overview is the amount Binance will charge you as a commision for making the transaction.
Within the next 60 seconds click on "Confirm", after that time the order will be automatically canceled.
After this, you will be sent towards the bank platform the credit card has been issued by. Proceed exactly as you usually do when making a payment using your card on the bank website.
After the banking procedure is complete, you are already in possession of the recently bought OwlDAO (OWL) in your Binance e-wallet (referred to as the «Spot Wallet»)
Know how to purchase OwlDAO (OWL) through Binance P2P
Another option you may use to get a cryptocurrency is to exchange it
with another person. To achieve this, the first step is to indicate which payment method you want to use.
- Login to the "Security" panel of your profile.
- Look for the "Payment" option in the menu you’ll see from the menu on the left and select it.
- Choose "Add a Payment Method" and the platform will guide you through the rest of the procedure.
Now that the new method of payment has been added to your profile, go to the upper part of the display and pass over "Buy Crypto" to drop-down the list of options and choose "Trading P2P". Then see the following instructions:
- Look for the "Buy" button on the upper bar of the "P2P Account" menu and press it
- Here you can choose the OwlDAO (OWL) you want, among all those available for buying through P2P operations. We use «USDT» in this example.It is important to note that when you buy one of these cryptocurrencies in P2P trading, you’ll be able to exchange it for any of the currencies valid in the Binance platform.
- It is time to select the local currency you want to make the payment with, for instance, «VES». Simply, place the list under the "Fiat" label.
- In the "Amount" box, input the sum in VES you wish to invest.
- After you have stated the payment method, the system will display a list of dealers’ offers.
- Any of the sellers shown in the list can be chosen, but it is advisable to select a verified one (with the blue diamond marking), and even better, a high-volume seller (golden star mark).
- Select "Buy USDT"
- In this step, the amount you wish to invest in VES must be input
- Again, press "Buy USDT"
- A purchase order has been generated and the seller and you will be able to contact each other for details, if needed. You have a time limit to pay, if you fail doing so the order will be canceled by the system (and that’s not good for your reputation as a buyer). Once you have paid, click on "Transferred, Next", then press "Confirm".
How to transfer your OwlDAO (OWL) to the Spot Wallet
The trader, upon receiving your money, will immediately release the OwlDAO (OWL).
So, they will automatically be added to your wallet balance.
However, in case you want to get any other OwlDAO (OWL), you will have to transfer them to your Spot Wallet.
You can do this immediately immediately after the buying order has been completed just by clicking "Transfer to Spot Wallet".
In case you didn’t do this, don’t get worried, you can do it at any other time.
How you can transfer your OwlDAO (OWL) to the Spot Wallet
Cryptos will be released by the trader as soon as payment reception acknowledge has been done.
The place where OwlDAO (OWL) are deposited is your account wallet.
Take into account that your OwlDAO (OWL) must be in your Spot Wallet in case you would want to purchase others, so you will need to send them there before.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
This OwlDAO (OWL) internal movement can be carried out anytime later.
- Hover the mouse over "Wallet" and select "Wallet Funds" from the drop-down menu.
- Next press "Transfer" button at the top right.
- Change the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- For this post, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Input the amount you are transferring for the Exchange and click "Confirm".
Perfect! Now you have money available to buy any of the several OwlDAO (OWL) in the Binance platform.
Discover how easy is to purchase any crypto from the Binance platform:
- Find the "Trading" menu in the top upper section.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to invest.
- Now select the crypto you’re interested in.
- Click on "Preview conversion".
- Confirm the operation and that’s it. You will have the amount of the selected crypto 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 several of OwlDAO (OWL) within the Binance platform.
Buy any cryptocurrency from the Binance platform just following the steps detailed below:
- Pick the "Trading" menu in the top section.
- Choose "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Now mark the crypto you’re about to buy.
- Choose "Preview conversion".
- Confirm the operation and that’s it. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
This post have surely pictured you a wide vision of what Binance is and how you can trade OwlDAO (OWL) on it.
So, no time to waste, make a fruitful business in the Binance platform.