Learn how to purchase Proton (XPR) on the Binance platform
No doubt one of the leading trading platforms in the world today is Binance.
Therefore, the first thing you should to do if you’d like to start out trading on it is to discover how to get Proton (XPR).
Before stepping into the exciting world of crypto on the Binance platform, you must know the following.
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Discover how to register on Binance
Registering on the Binance platform is the initial step you have to accomplish.
Quick and easy registration: just follow the guidelines below.
On the Binance main page you have to locate the "Register" button and press it.
You can log in directly by pressing here.
In the Binance main page you’ll find a button named "Register with a phone or email". Click on it.
Apple mobile phones or tablets can be used as well.
In this post we’ll will show you the subscription technique using an email address.
- From the drop down list of countries, select the one you’re living in.
- The next step is defining a secure password. This is quite important since it’s all about your money’s safety, so you must to invent a strong one
- Choose whether you want Binance to send news and information direct to your email. Accept the "Terms of Service" and click on "Create Account"
Check the inbox of the e-mail address you indicate at enrollment and look for the activation code exclusive of your Binance account. Type it in the corresponding line and press "Send"
You’re now a Binance user!.
Now you may enter the Binance platform and observe all the options it offers.
That’s the best way to realize how friendly the Binance platform is, and how fast you can start trading Proton (XPR).
To have access to these options, the first thing you must do is complete the ID checking.
It is very important to note that until you fulfill this protection step, you’ll not be allowed to start trading Proton (XPR).
In the next section, you’ll see how to do that. Zero problems.
Verify your account to start trading
The following are the steps to verify your Binance subscription and get authorized to begin operating:
On the main page, hover the mouse on the user profile menu and a list will immediately appear where you will click on "Security"
Another alternative is to go to the upper part of the screen and press the "Verify" button
Pick "Identification" on the left options list.
Country of residence is the first thing you must select.
Now, the 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on screen.
To begin, choose "Start now" just under the "Verified" level.
In this step, you must give some personal information:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Residence address (exact).
- Second name and birth date.
- Second name and birth date.
The next step is to corroborate your identity with a legal document.
Use your passport, ID card 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 confirmation process that will take only a short time.
Once your application has been accepted, the system will send you an e-mail, just be patient.
Upon receiving that e-mail it’s time to get Proton (XPR), to do so see the guidelines below.
How to purchase Proton (XPR) on Binance
Since you are registered on the platform and got your account confirmed, you are OK to begin trading.
In this section you’ll realize how simple is to buy a Proton (XPR).
At this point, the Binance platform will ask you to provide a legal document for identity checking.
You can do this by using your ID card, passport, or license.
Now, you will have to take a selfie, according to the application’s guidance.
Now you will have to wait for a short time while an account verification process takes place.
So, wait patiently, Binance will send you an e-mail once your profile has been accepted.
The following instructions will guide you through the Proton (XPR) purchasing process. As soon as you’ve got the confirmation email, you’re a Binance authorized Proton (XPR) trader.
Buying Proton (XPR) on Binance
So, account approved means you can begin purchasing Proton (XPR) right now.
Learning how to convert money into Proton (XPR) is actually quite easy.
You will probably have different options throughout the process
To find out which options you have when buying, browse through the "Buy cryptos" menu on the Binance homepage.
Needless to say you must be logged into your account to be able to do this
Hovering your mouse pointer over this option will display a list of alternatives to make your purchase.
Here, the Binance platform will ask you to show a legal document for identity verification.
passport, ID card or even a driver’s license are all valid documents to complete this condition.
Now the system will ask you to take a selfie under certain conditions.
When you have fulfilled the system’s requisites, you will have to wait a short while for the verification to be performed on your account.
So, wait patiently, Binance will let you know via e-mail when your request has been accepted.
The following instructions will guide you through the Proton (XPR) trading process. As soon as you’ve received the confirmation e-mail, you have become a Binance licensed Proton (XPR) trader.
Learn to purchase Proton (XPR) on Binance
Since you have subscribed to the Binance platform and got your account validated, you can begin trading.
In this segment you’ll see how easy is to buy a Proton (XPR).
Some processes may have optional paths
Look for the "Buy cryptos" menu on the Binance main page to know which options you have when buying.
Needless to say you must log into your account to be able to do this
Hovering your mouse pointer over this button will show a list of alternatives to make your purchase.
Did you know you could use your debit or credit card to purchase Proton?
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
After that, just follow the following directions:
Currency preferred and how much you will invest should be specified in the next box.
Next, choose the Proton (XPR) you’re going to buy
Taking into account the amount of USD you’ve just invested, the system will automatically display the number of Proton (XPR) you will be given.
These guidelines will be helpful to continue the process:
Currency preferred and amount of the investment must be stated in the next box.
The the Proton (XPR) you wish to purchase must be selected from the second field
Depending on the amount of USD you’ve just specified, the system will automatically display the quantity of Proton (XPR) you’ll be given.
Now select "Continue".
To add your credit card as a payment method, go to the "Visa/Mastercard" box and click on the "Add card" option.
Card details must be indicated in this step, then press "Next".
Your credit card’s address should be specified next. Be very careful, since you’ll need to enter it exactly as it is, otherwise your card won’t be admitted. Then choose "Add card".
With this step, your card will be added to the payment methods in your user profile. Press "Continue".
The platform will now show you the synthesis of the order you are creating. The amount you will pay in the currency you’ve selected, and the Proton (XPR) you will get.
It will also let you know the commission you should pay for the transaction.
Now you have to validate the order clicking on the "Confirm" button within the next minute, or it will be automatically terminated.
The system will now send you to the credit card issuing bank. Proceed just as you do when making a normal online credit card payment.
As soon as the banking procedure is complete, you will get your purchased Proton (XPR) in your Binance digital wallet (called the «Spot Wallet»)
See how easy is how to buy Proton (XPR) through Binance P2P
Another option you may use to get a cryptocurrency is to exchange it
with another person. Payment method is the first setting you will specify.
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 of course, the cryptos you are going to receive.
It will also show you the commission you must pay for the transaction.
Within the next 60 seconds click on "Confirm", there after the order will be automatically canceled.
The next step has to be done on the credit card banking system. Follow the directions in the same way you would normally pay with your card.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») after the banking procedure is complete to find your recently bought Proton (XPR) already there
Purchase Proton (XPR) via Binance P2P
Another option you may use to buy a cryptocurrency is to trade it
with another person. To get this done, the first step is to define which payment method you want to apply.
- Click on "Security" in your profile.
- In the menu on the left-hand side click on "Payment".
- Select "Add a Payment Method" and the Binance system will guide you through the rest of the process.
Now that the new payment method has been configured in your profile, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the list of options and choose "Trading P2P". Then see the following directions:
- Look for the "Buy" option on the upper bar of the "P2P Account" menu and click it
- This bar shows all the Proton (XPR) available for purchase via P2P operations. Choose the one you want, in our case we use «USDT» as an example.It is important to note that once you purchase any crypto in P2P trading, you will be able to exchange it for any of the currencies that operate on the Binance platform.
- Choose the local currency you want to pay with from the drop-down list under the "Fiat" column, for example, «VES».
- In the "Amount" box, enter the sum in VES you would like to buy with.
- Define the method of payment and wait for the system to display all the dealers’ ads.
- Any of the traders shown in the list can be chosen, but it is recommendable to choose a verified one (with the blue diamond mark), and even better, a high-volume seller (golden star mark).
- Next click on "Buy USDT"
- In this step, the amount you wish to pay in VES must be input
- Select "Buy USDT" once again
- A buying order has been opened and the trader and you will be able to contact each other for further details, if needed. You have a limited time to make the payment, if you fail doing so the order will be shut down by the platform (something bad for your rating as a buyer). Once you paid, press "Transferred, Next", then press "Confirm".
How you can transfer your Proton (XPR) to the Spot Wallet
After you have made a payment to the seller, they may release the Proton (XPR), just by confirming receipt of the payment.
The default place where Proton (XPR) are added to is your Binance wallet.
Take into account that your Proton (XPR) must be in your Spot Wallet in order for you to buy others, so you must transfer them there before.
You can do this immediately right after the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This Proton (XPR) internal movement can be performed whenever you need.
How to transfer your Proton (XPR) to the Spot Wallet
The trader, upon receiving your payment, will immediately release the Proton (XPR).
The default place where Proton (XPR) are deposited is your Binance wallet.
Nonetheless, you will need to move them to your Spot Wallet in case you want to buy another cryptocurrency.
You can do this immediately right after the buying order is completed just by clicking "Transfer to Spot Wallet".
If you forget to do this right after the purchase, no problem at all: you’ll always be able to do it at any moment.
- Press "Wallet Funds" from the "Wallet" drop-down menu.
- Locate the "Transfer" button on the upper right area of the navigator window and click on 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 select the currency you have
- Set the amount you are moving to the spot walet and press "Confirm".
That’s it! Now you will have money in the Spot Wallet and you will be able to trade any of the several of Proton (XPR) that the Binance platform has.
See how simple is to buy any cryptocurrency from Binance:
- In the top section, select the "Trading" menu.
- In the list select the "Convert" alternative.
- Indicate the amount of «USDT» you would like to spend.
- Now indicate the cryptocurrency you’re about to get.
- Choose "Preview conversion".
- Validate the operation and that’s it. You will have the amount of the chosen crypto in your Spot Wallet.
That’s all! Now you will have money in the Spot Wallet and you will be able to buy any of the numerous Proton (XPR) within the Binance platform.
Purchase any cryptocurrency from Binance just following the instructions detailed next:
- Locate the "Trading" option in the top upper section.
- From the listing choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to spend.
- Now indicate the crypto you’re interested in.
- Click on "Preview conversion".
- Validate the transaction and that’s all. Now you will have the amount of the chosen crypto in your Spot Wallet.
This article have surely pictured you a wide overview of what Binance is and how you can trade Proton (XPR) on it.
So, no time to waste, make a profitable business in the Binance platform.