How to purchase PIDAO (PID) on the Binance platform
There is no doubt one of the most innovative trading platforms in the world nowadays is Binance.
Understanding how to buy PIDAO (PID) is vital if you wish to get started on operating on that platform.
Keep on reading this post and you will discover all the information you need for purchasing crypto on Binance.
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Be able to register on Binance
Subscribing to the Binance platform is the very first step you have to accomplish.
Registering on the Binance platform is easy: see the following guidelines.
Search for the "Register" button in the Binance homepage and click on it to start the registration process.
You have the direct access here.
Once on the Binance platform press the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple mobile devices as well.
In this post, we’ll will describe how to suscribe using an email account.
- From the drop-down list of countries, pick the one you reside.
- Following, type your e-mail address and a security password. Bear in mind that you are going to trade your money, so you have to give relevance to the password you select
- Whether you want to be updated periodically via e-mail about Binance news, mark in the corresponding box. Then you must accept the "Terms of Service" and that’s almost all. You’ve just created your account Next step is the email verification
Check the inbox of the e-mail address you utilized for subscription and look for the activation code exclusive of your Binance account. Write it in the corresponding line and click on "Send"
Finally, your Binance account is active.
Take a time to get acquainted to the different areas of the Binance platform by navigating through them.
This way you mayyou will be able to begin trading PIDAO (PID) without difficulty.
To have access to those options, you must complete the identity checking.
Warning: No PIDAO (PID) operation will be permitted if you skip this security measure.
But no need to worry, continue reading the next instructions to learn how to do it.
Learn to complete the verification of your account and begin trading
To be a certified user you have to follow the next steps:
On the main screen, place the mouse pointer on the user profile button and a list will immediately drop down where you will click on "Security"
You may also click on the "Verify" button at the top of the screen
Locate the option "Identification" on the left side of the screen.
Here you should choose your country of residence.
On this screen you’ll will see 3 verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
Click on the "Start now" button under the "Verified" label, for this will be your beginning level.
Then a pop-up window will display and there you should tytpe the following data:
- Nationality.
- First Name and Last name.
- Middle name and date of birth.
- Residence address (exact).
It is time to verify your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
In the next stage, you will have to take a selfie, following the application’s instructions.
Once those steps have been completed, the Binance system will perform a verification process on your account.
Now you have to wait until your profile has been approved. Be patient, the system is going to let you know via email.
Congratulations! Once you’ve got the confirmation you’re officially licensed to buy PIDAO (PID). The following instructions will be helpful.
Purchasing PIDAO (PID) on Binance
Beginning your PIDAO (PID) trading adventure has never been so easy, right?.
In this segment you’ll discover how easy is to buy a PIDAO (PID).
At this point, the Binance platform will require you to present a legal document for identity checking.
You can do this with your passport, ID card, or driver’s license.
In the next step, you will be asked to take a selfie, according to the application’s guidelines.
The final step will be made by the Binance platform: a verification process that will take only a short time.
Now you have to wait until your request has been accepted. Be patient, the platform is going to let you know via email.
Upon receiving that e-mail it’s time to get PIDAO (PID), just see the guidelines below.
Buying PIDAO (PID) on Binance
Beginning your PIDAO (PID) trading experience has never been so simple, right?.
Learning how to buy a PIDAO (PID) is actually quite easy.
Take into account that you may find more than one option for this process
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
Obviously, you’ll only be able to do this if you’re logged in
Move your mouse on this button and a list of buying alternatives will deploy.
At this point, the Binance platform will require you to provide a legal document for identity verification.
You can do this by using your passport, ID card, or driver’s license.
Follow the system requirements to take a selfie.
Once those requisites have been completed, the Binance system will do a confirmation process on your account.
Now you have to wait until your application has been accepted. Be patient, the system will send you an email.
The following instructions will guide you through the PIDAO (PID) trading process. As soon as you’ve received the confirmation e-mail, you’re a Binance licensed PIDAO (PID) trader.
Buying PIDAO (PID) on Binance
Beginning your PIDAO (PID) trading career has never been so simple, right?.
First you need to discover how to invest your money in PIDAO (PID).
Some steps may have alternative paths
To find out which options are available to you when buying, browse through the "Buy cryptos" menu on the Binance main page.
Obviously, you’ll only be able to do this if you’re logged in
Place your mouse over this button and a list of buying alternatives will be shown.
Making use of your credit or debit card to purchase PIDAO (PID)
Select the credit card-related option from the "Buy Cryptos" drop-down menu.
Next, just observe these guidelines:
Now you should choose the currency you wish to buy with and type the amount you want to invest.
In the second field you must choose the PIDAO (PID) you’d like to get
According the amount of USD you’ve previously invested, the system will automatically display the quantity of PIDAO (PID) you will get.
Next, just adhere to these guidelines:
Currency preferred and amount of the investment must be indicated here.
Next, pick the PIDAO (PID) you are going to buy
The number of PIDAO (PID) you are going to receive will depend upon the amount of USD you have recently specified. The Binance platform will immediately show it to you.
Press "Continue".
To include your CC as a payment method, select in the "Visa/Mastercard" box the button "Add card".
Card numbers must be typed in this step, then press "Next".
Your credit card’s associated address must be specified next. Try not to err a single character, since you’ll need to write it exactly as it is, otherwise the card won’t be admitted. Then select "Add card".
Press "Continue" once you notice your card has been successfully included in your user profile as a new method of payment.
The system will now show you the summary of the buying order you are generating. The amount your card will be charged with the currency you’ve picked, and the PIDAO (PID) you will get.
It will also state the commission will be charged for the transaction.
At this point you have 1 minute to press "Confirm", otherwise the order will automatically expire.
The next step has to be done on the credit card bank platform. Proceed just as you usually do when making a payment using your credit card on the bank website.
After the banking procedure has been completed, you’ll get your recently bought PIDAO (PID) in your Binance e-wallet (called the «Spot Wallet»)
Buy PIDAO (PID) via Binance P2P
You can buy PIDAO (PID) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance user too. In that case, you should indicate the payment method you would want to make use of first.
Next, you’ll see an overview of the transaction in its final stage. It includes the amount you will pay, the chosen currency and the amount of PIDAO (PID) purchased.
It will also state the commission you need to pay for the operation.
Within the next 60 seconds press "Confirm", after that time the order will be automatically shut down.
After this, you will be sent towards the site of the credit card issuing bank. Follow the steps in the same way you would generate a payment with your card.
Your recently purchased PIDAO (PID) will be available in your Binance e-wallet (called the «Spot Wallet») as soon as the banking process is complete
Buy PIDAO (PID) through Binance P2P
That is a transaction made «Person To Person», i.e.: trading PIDAO (PID)
with another Binance subscriber. Method of payment is the first parameter you must define.
- Go to your account and press "Security".
- Select "Payment" on the left-hand side of the screen.
- As soon as the "Add a Payment Method" option is chosen the platform will guide you through the rest of the procedure.
Now that the new payment method has been added to your account, go to the top part of the display and hover on "Buy Crypto" to drop-down the list of options and choose "Trading P2P". Then see the following directions:
- Locate the "Buy" button on the top bar of the "P2P Account" tab and click it
- All the PIDAO (PID) available for purchase via P2P trading will be shown in this list, so you will be able to pick the one you’re interested in. In this guide, we will use «USDT».Any PIDAO (PID) purchased in P2P trading could be exchanged by any of the currencies approved by Binance.
- Select the local currency you want to use from the drop-down menu under the "Fiat" label, for instance, «VES».
- You need to enter the sum in VES you’re going to invest in the "Amount" box.
- Select the method of payment and wait for the system to show you all the traders that are offering PIDAO (PID).
- Select a seller from the displayed list. We advise that you pick a verified one with a high completed sales rate.
- Press "Buy USDT"
- Enter the amount in VES you wish to pay
- Select "Buy USDT" again
- A purchase order has been opened and the seller and you will be able to contact each other for details, if needed. You have a limited time to pay, otherwise the order will be shut down by the platform (and that’s not good for your rating as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
Ways to transfer your PIDAO (PID) to the Spot Wallet
The trader, upon validating money reception, will immediately release the PIDAO (PID).
You may see your wallet Binance balance to confirm reception.
Take into account that your PIDAO (PID) must be in your Spot Wallet in case you want to buy others, so you must send them there before.
You can move them immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
If you forget to follow this step right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it at any moment.
Ways to transfer your PIDAO (PID) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
The default place where PIDAO (PID) are added to is your account wallet.
Note that you must move them to your Spot Wallet in order for you to buy any other crypto.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
Should you forget to do this right after the purchase, there’s nothing to worry about: you’ll be able to do it at any moment.
- Drop the "Wallet" menu down and click on the "Wallet Funds" option.
- See the "Transfer" option at the top right and press it.
- In the pop-up window, change the «From» and «To» options to the following configuration:
- From: «Funds»
- To: «Fiat and Spot»
- For this article, we use «USDT» as an example, but you’ll obviously choose the currency you have
- Input the amount you are about to transfer to the spot walet and press "Confirm".
With these money already in your Spot Wallet, don’t fear to purchase any crypto you believe might be worthwhile.
Buy any crypto from the Binance platform just following the instructions described next:
- Select the "Trading" option in the upper panel.
- Pick "Convert" from the list.
- Indicate the amount of «USDT» you would like to invest.
- Now indicate the crypto you’re about to get.
- Press "Preview conversion".
- Validate the transaction and that’s all. You now will have the funds of the selected cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, don’t fear to purchase any crypto you believe could yield the highest profit.
Buy any crypto from the Binance platform just following the instructions described next:
- Pick the "Trading" option in the upper panel.
- From that list select the "Convert" option.
- Fill in the box the sum of «USDT» you wish to spend.
- Now mark the crypto you’re interested in.
- Press "Preview conversion".
- Validate the transaction and that’s it. Now you will have the amount of the selected crypto in your Spot Wallet.
This text have surely pictured you a wide panorama of what Binance is and how you can trade PIDAO (PID) on it.
Don’t wait any further and start earning some extra money.