There are several trading platforms today on the WWW, but clearly Binance is one of the most popular and reputed.
So, if you’d like to start operating on it, the first thing you need to do is to learn how to purchase Parallel Finance (PARA).
This post is intended to teach you on how to purchase Parallel Finance (PARA) on the Binance Parallel Finance (PARA) platform.
To be capable of buying Parallel Finance (PARA) on Binance, the first thing you need to know indeed is how to register.
Easy subscription: just follow the detailed instructions below.
Search for the "Register" option in the Binance homepage and press on it to start the registration process.
You have the direct link here.
Look for the "Register with a phone or email" button in the main page and press it.
iOS mobile phones or tablets can be used to do this as well.
In this guide you’ll will see the subscription process using an email address.
See the inbox at the e-mail address you indicate at sign up and look for the activation code exclusive of your Binance account. Enter it in the corresponding box and press "Send"
And that’s it! You are now signed up with Binance.
It would be a good idea to browse the different options of the Binance platform and become familiar with them.
You’ll discover how easy is to start operating with Parallel Finance (PARA).
To gain access to these options, the first thing you have to do is fulfill the ID verification.
Please, be well aware that it is only after you have fulfilled this safety step that you’ll get permission to begin trading Parallel Finance (PARA).
No big deal, though. Continue reading through the next section to complete that step.
See the following guidelines and become a certified end user:
From the user profile menu, pick "Security"
Another option is to move to the upper part of the screen and click on the "Verify" button
Locate the option "Identification" on the left side of the screen.
Pick your Country of Residence.
Here you’ll will see 3 verification levels:
At this moment, you should select "Verified", pressing the "Start now" button under that label.
In this step, you must give certain personal information:
Here, the Binance platform will ask you to use a legal document for identity checking.
passport, ID card or even a license are all valid documents to complete this condition.
Now, you will be asked to take a selfie, according to the platform’s guidance.
The last step will be made by the Binance platform: a verification process that will take only a short time.
When your request has been approved, the platform will send you an email, just be patient.
After that, it’s time to get Parallel Finance (PARA), just follow the instructions below.
Take a time to know how to buy a Parallel Finance (PARA).
Here, the Binance platform will ask you to use a legal document for identity corroboration.
You can do this by using your ID card, passport, or license.
Now the system will ask you to take a selfie following certain guidelines.
Now you’ll have to wait for a short period while an account verification process is performed.
Now you have to wait until your profile has been approved. Be patient, Binance is going to send you an email.
Congratulations! Once you’ve received the confirmation you’re officially authorized to operate with Parallel Finance (PARA). See the guidelines that follow.
Understanding how to buy a Parallel Finance (PARA) is not that hard.
Some processes may have optional paths
To know which alternatives you have when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
You will need to, of course, try this once you are signed into your account
Find all the different purchase options just by hovering your mouse over this button.
It is time to check your identity with a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system requirements to take a selfie.
The last step will be made by the Binance platform: a verification process that will take only a short time.
Once your profile has been accepted, you will be informed via e-mail, just be patient.
The following instructions will guide you through the Parallel Finance (PARA) trading process. As soon as you’ve got the confirmation e-mail, you’re a Binance licensed Parallel Finance (PARA) trader.
First you need to figure out how to convert money into Parallel Finance (PARA).
Some steps would probably have optional paths
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
Certainly, you’ll only be able to do this after you’ve logged in
Placing your mouse pointer over this button will display a list of alternatives to make your purchase.
The first thing you need to do to purchase the Parallel Finance (PARA) of your preference using a credit card, is to pick this method from the drop-down list labeled "Buy Cryptos".
Read on for detailed guidelines:
Now you should pick the currency you want to buy with and type the amount you want to invest.
The the Parallel Finance (PARA) you would like to purchase must be picked from the second field
According the amount of USD you have recently specified, the platform will automatically show you the number of Parallel Finance (PARA) you will get.
After that, just observe the following guidelines:
Now you must choose the currency you want to use and enter how much you are going to invest.
The the Parallel Finance (PARA) you intend to purchase should be selected from the second field
The quantity of Parallel Finance (PARA) you’ll get will depend upon the amount of USD you’ve recently specified. The Binance system will automatically display it.
Click "Continue".
Now it’s time to define the method of payment you’ll use. To pay with your credit card, pick in the "Visa/Mastercard" field the button "Add card".
Then the platform will ask you to type your card numbers.
Now state the physical address details of the CC. Following this, select "Add card".
With this step, your credit card will be added to the valid methods of payment in your user profile. Click "Continue".
Next, all the important details of the transaction will be summarized: the sum to be charged on your credit card and the corresponding currency, and of course, the cryptos you are going to receive.
Another important detail in this quick view is the sum you’ll be charged as a commision for making the operation.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The system will now send you to the bank issuing the credit card. Proceed exactly as you usually do when making a payment with your card on the bank website.
As soon as the banking process has been done, you are already in possession of the recently purchased Parallel Finance (PARA) in your Binance digital wallet (referred to as the «Spot Wallet»)
The system will now display the synthesis of the order you are generating. The sum you will pay in the currency you’ve picked, and the Parallel Finance (PARA) you will receive.
Certainly, Binance will claim a certain percentage as a commission for making the operation, and that will appear in that snapshot also.
At this point you have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The next step must be carried out on the credit card banking webpage. Follow the instructions in the same way you would pay with your card.
Your recently purchased Parallel Finance (PARA) will be available in your Binance e-wallet (called the «Spot Wallet») when the banking procedure has been finished
After you finished including the new method of payment to your profile, go to the "Buy Crypto" menu (upper part of the display), find the "Trading P2P" button, and follow the directions below:
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
The default place where Parallel Finance (PARA) are deposited is your account wallet.
NB: you need to move them to your Spot Wallet in order for you to buy any other crypto.
That’s easy: just click on "Transfer to Spot Wallet" immediately after the buying order has been completed.
If you forget to follow this step right after buying the cryptos, no problem at all: you’ll always be able to do it later.
Once you have made a payment to the trader, they may release the Parallel Finance (PARA), just by confirming invoice of the payment.
The default place where Parallel Finance (PARA) are deposited is your account wallet.
Take into account that your Parallel Finance (PARA) must be in your Spot Wallet in case you would want to purchase others, so you must transfer them there before.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it at any moment.
That’s all! This way you will have funds in the Spot Wallet so you will be able to purchase any of the huge selection of Parallel Finance (PARA) within the Binance platform.
To buy Parallel Finance (PARA) from the Binance platform what you just have to do is the following:
With these funds already in your Spot Wallet, don’t fear to buy any cryptocurrency you believe could yield the highest profit.
To purchase Parallel Finance (PARA) from the Binance platform all you have to do is described below:
This post have surely pictured you a detailed vision of what Binance is and how you can trade Parallel Finance (PARA) on it.
Don’t wait any further and begin earning some extra money.
If you are planning to make money via cryptocurrencies, you would have to discover ways to make use of the Kucoin platform. This trade is yielding good benefits for all its users, in fact it is making a lot more evolution in all its tradings.
If you need to learn quickly how to buy a Parallel Finance (PARA) in Kucoin, you must keep on reading this article.
When you’ve subscribed to Kucoin and fulfilled the security requirements, you must deposit your euros. The process is very easy, good news is that there are several ways to accomplish that.
One of them is usually to enter to the «Balance» or «Assets» section at the top right in the screen and look for the «Deposit» link. There after, select the Parallel Finance (PARA) you wish to transfer into your personal account to buy new cryptos, for instance, USDT.
After this, you should find the network you will use to get the transaction done. We all advise Tron (TRC20) since it gets the lowest commissions.
Below is the the address you must put in the "Exchange" where you currently have the USDT you want to send to Kucoin. When you have already done this, you’ll get the funds in the main account immediately.
If that seems not to be not working in your country, you could try moving the money to your account via P2P trading. This type of purchase signifies that you make a bank transfer to one of the documented traders to receive any of the approved cryptos.
When you have the funds in your account, it’s time for you to start using the Kucoin website.
Purchasing a Parallel Finance (PARA) on Kucoin you have to send the money you have just purchased to the trading accounts. To get this done you must open the «Balance» menu, click on the main account, enter your cryptocurrencies and choose «Transfer». This last option can be located on the same line as the currency you’ll use to complete the purchase.
If this is not working in the country you’re living, you could attempt moving the money to your account through P2P trading. This kind of purchase means that you make a bank transfer to one of the registered traders to get any of the approved cryptos.
Now that you obtained the funds in your account, it’s time to learn how to use the Kucoin website.
Before buying a Parallel Finance (PARA) on Kucoin you need to send the money you have just purchased to the trading accounts. To get this done you need to go to the "Balance" menu, click the main account, enter the cryptocurrencies and after that choose "Transfer". This last option can be situated on the same line as the currency you are going to use for the purchase.
Next, you are directed to a window to choose where you want to send the funds. You need to transfer from the "Main Account" to the "Trading Account", and indicate the currency and the quantity you want to send to trade. Then visit «Confirm».
Once you have the cash in the account, you can purchase your crypto and begin trading.
Next you will see how to buy Parallel Finance (PARA) in diverse ways. To begin, you should open up the «Trade» menu and click on «Spot trading» (Spot Market). After that write the word Parallel Finance (PARA) in the search box in the top corner of the page.
The system will indicate the crypto pairs you can trade with.
In other words, you will only be allowed to purchase Parallel Finance (PARA) only with the crypto pairs showed there.
Just for this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT because we’ve got funds in this set. When we accomplish that, it immediately loads the crypto information and the order book with the buy and sell tradings.
To be able to do the transaction, you ought to type the corresponding key.
At the bottom-right, it displays the user the markets to trade crypto, enabling automatically the «Spot». There we have 3 options to buy Parallel Finance (PARA). Next you’ll see those options:
You can also configure the order activation but process it at the best market price. You do this by selecting "Stop Market", and indicating in «Stop Price» the amount you wish the Parallel Finance (PARA) to achieve to trigger the order and the amount of USDT to pay. By simply clicking Buy Parallel Finance (PARA), your purchase will be executed at the market rate when it is the same as the stop price you have previously set.
With any of these alternatives, you’ve already got the Parallel Finance (PARA) tokens you’ve just bought in your trading account. From now on you’re free to trade with it or you can buy any other cryptos. Remember that with Parallel Finance (PARA) you’ll only be capable to get the cryptos available in their pairs. Probably you will need to sell the Parallel Finance (PARA) for a crypto that commonly appears in the Parallel Finance (PARA) pairs, such as BTC, USDT, and BNB, after which you can purchase the one that you really wish.
You can now buy a Parallel Finance (PARA) through Kucoin.
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Parallel Loan Protocol By backing Kusama and Polkadot assets, Parallel enables token and project holders to flexibly and borderlessly invest their idle capital to earn interest.
