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You can find a lot of trading platforms on the ’net nowadays, but without a doubt Binance is one of the most popular and reputed.
However, if you want to begin operating on it, the first thing you should do is to figure out how to purchase Scotcoin (SCOT).
The goal of this post is to teach you about how to trade with Scotcoin (SCOT) on the Binance Scotcoin (SCOT) exchange.
To be capable of buying Scotcoin (SCOT) on Binance, the very first thing you have to know indeed is how to subscribe.
Quick and easy subscription: just follow the guidelines below.
Proceed to the Binance main page and click on the "Register" button.
You have the direct link here.
Look for the "Register with a phone or email" button in the homepage and click on it.
Apple smartphones or tablets can be used to do this as well.
In this post, we’ll will show you how to suscribe using an email address.
You surely have received an e-mail in the address you’ve just used for subscribing on the Binance platform. In its text you’ll see a one-time-only activation password you’ll have to will enter in the corresponding box. Then press "Send"
And that’s it! You are now registered to Binance.
Take a time to become familiar with the different options of the Binance platform by visiting them.
You’ll discover how simple is to begin operating with Scotcoin (SCOT).
The ID verification is a required step you have to fulfill to have access to all those options.
Notice: No Scotcoin (SCOT) operation will be allowed if you ignore this safety step.
In the next instructions, you’ll learn how to do that. Hassle-free.
These are the instructions to verify your Binance account and get the permission to start operating:
Pick "Security" from the drop-down list under the user profile section
Another alternative is to go to the upper part of the screen and click on the "Verify" button
In the list shown on the left-hand part of the navigator window, pick the "Identification" option.
Here you should choose your country of residence.
Next, the three levels of verification:
To begin, press "Start now" just near the "Verified" level.
Then it will appear a pop-up window where you should provide the following info:
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.
Now, you will be asked to take a selfie, according to the platform’s requirements.
Once those requirements have been completed, the Binance system will carry out a verification process on your account.
Now you have to wait until your request has been accepted. Be patient, the system will let you know via e-mail.
Congrats! Now you’re officially authorized to buy Scotcoin (SCOT). See the guidelines that follow.
Learning how to make a purchase of Scotcoin (SCOT) is not so difficult.
The next step is to support your identity using a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
The final step is on Binance’s side: a corroboration process that will just take a while.
Now wait patiently, Binance is going to let you know via e-mail once your profile has been approved.
Upon receiving that e-mail it’s time to get Scotcoin (SCOT), just follow the instructions below.
Learning how to make a purchase of Scotcoin (SCOT) is actually quite easy.
Some processes would probably have alternative paths
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
You need to, of course, make this happen once you are signed into your account
Find all the different purchase options just by placing your mouse over this button.
Here, the Binance platform will require you to use a legal document for identity checking.
You can do this with your passport, ID card, or license.
In the next stage, you will be asked to take a selfie, according to the platform’s requirements.
Once you have fulfilled the platform’s requirements, you will have to wait a short while for the confirmation to be performed on your account.
When your profile has been accepted, the platform will send you an e-mail, just be patient.
The following instructions will guide you through the Scotcoin (SCOT) buying process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance authorized Scotcoin (SCOT) trader.
Learning how to buy a Scotcoin (SCOT) is not that hard.
Some processes may have optional paths
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
Certainly, you’ll only be able to do this if you’re logged in
Move your mouse over this option and a list of buying alternatives will be shown.
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Read on for further instructions:
Currency preferred and amount of the investment must be specified in the next box.
In the second field you should choose the Scotcoin (SCOT) you would like to buy
Considering the amount of USD you’ve just indicated, the system will automatically show you the number of Scotcoin (SCOT) you’ll receive.
Next, just adhere to these directions:
Currency to be used and amount of the investment must be indicated in the next box.
In the second field you should pick the Scotcoin (SCOT) you would like to buy
Once you do so, the system will automatically display the quantity of Scotcoin (SCOT) you will get, according the amount of USD you have previously indicated.
Click "Continue".
Now it’s time to define your method of payment. To pay with your credit card, pick in the "Visa/Mastercard" field the option "Add card".
Then the system will prompt you to indicate your card data.
In this step you must state the physical address details of the card. After this, select "Add card".
Click "Continue" after you see your card has been successfully added to your user profile as a new method of payment.
The system will now display the details of the purchase order you are generating. The amount your card will be charged in the currency you have chosen, and the Scotcoin (SCOT) you will get.
In fact, Binance will take a small amount as a commission for making the purchase, and that will appear in that quick view as well.
You have 60 seconds to click on "Confirm", otherwise the order will be automatically aborted.
After this, you will be sent towards the banking platform the credit card has been issued by. Follow the steps in the same way you would make a payment with your card.
Your recently bought Scotcoin (SCOT) will be available in your Binance digital wallet (referred to as the «Spot Wallet») after the banking process is complete
Next, all the important details of the transaction will be presented: the sum you are paying and the corresponding currency, and of course, the cryptos you are going to get.
Another detail of relevance in this quick view is the percentage you’ll be charged as a commision for making the operation.
You have 1 minute to click on "Confirm", otherwise the order will be automatically canceled.
After this, you’ll be sent to the site of the bank issuing the credit card. Proceed just as you do when making a payment with your credit card on the bank website.
You can take a look at your Binance e-wallet (called the «Spot Wallet») once the banking process has been finished and you’ll see your recently bought Scotcoin (SCOT) already there
Now that the new method of payment has been added to your profile, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following guidelines:
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
The default place where Scotcoin (SCOT) are deposited is your account wallet.
Note that you must send them to your Spot Wallet in case you want to purchase any other cryptocurrency.
To accomplish this, you only need to press "Transfer to Spot Wallet" right after the buying order is completed.
In the event you didn’t follow this step, don’t be anxious, you can move the cryptos later.
When you have made a payment to the seller, they will be able to release the Scotcoin (SCOT), by confirming receipt of the payment.
You may check your wallet Binance balance to confirm reception.
But in order for you to buy any other Scotcoin (SCOT), you need to send them to your Spot Wallet.
To get this done, all you have to do is click on "Transfer to Spot Wallet" right after the buying order has been completed.
If you didn’t follow this step, don’t stress, you can do it later.
That’s it! Now you will have money in the Spot Wallet and you will be able to purchase any of the huge selection of Scotcoin (SCOT) that the Binance platform has.
To buy Scotcoin (SCOT) from Binance all you have to do is the following:
Perfect! Now you have funds available to trade any of the numerous Scotcoin (SCOT) in the Binance platform.
See how simple is to purchase any crypto from the Binance platform:
You’ve already seen how easy is to start out doing business with Scotcoin (SCOT) on Binance.
Cryptos are the future, and Binance is a secure and friendly place to do business. Begin right now!
In case you are planning to make money via cryptocurrencies, you would have to figure out how to use the Kucoin platform. This form ofexchange is getting good benefits to any or all its users, and it is showing a lot more evolution in all its operations.
If you wish to learn without difficulty how to buy a Scotcoin (SCOT) in Kucoin, you should keep on reading this post.
When you’ve subscribed to Kucoin and complied the security requirements, you must deposit your money. This process is rather easy, and you have several options to do that.
One of them should be to enter to the «Assets» or «Balance» section at the top right in the screen and select the «Deposit» hyperlink. There after, select the Scotcoin (SCOT) you want to transfer into your account to buy new cryptos, for example, USDT.
After that, you should find the network you will utilize for the operation. We usually suggest Tron (TRC20) because it requires the lowest commissions.
Next is the the address you should put in the «Exchange» where you have the USDT you want to transfer to Kucoin. Once you have already done this, you’ll instantly obtain the funds in your main account.
If this seems not to be not working in the country you’re currently living, you can try transferring the money to your account through P2P trading. This type of purchase signifies that you make a traditional bank transfer to any of the listed traders to receive any of the official cryptos.
When you obtained the funds in your account, it’s the perfect time to learn how to use the Kucoin platform.
Purchasing a Scotcoin (SCOT) on Kucoin you need to transfer the money you’ve just purchased to the trading account. To achieve this you need to open the "Balance" menu, click the main account, enter the cryptocurrencies and choose «Transfer». This last button can be located on the same line as the currency you are about to use for the purchase.
If this doesn’t work in your country, you should try moving the money to your account through P2P trading. This type of deal implies that you actually make a traditional bank transfer to one of the registered traders to get any of the approved cryptos.
Once you received the funds in your account, it’s time to start using the Kucoin website.
Before buying a Scotcoin (SCOT) on Kucoin you have to move the money you’ve just purchased to the trading account. To achieve this you have to go to the «Balance» menu, click on the main account, enter the cryptocurrencies after which choose «Transfer». This last option can be found on the same line than the currency you are about to use to complete the purchase.
After that, you will be directed to a window to select where you wish to send the funds. You have to transfer from the "Main Account" to the «Trading Account», and add the currency and the quantity you decided to send to transact. Then simply click "Confirm".
Once you got the funds in your account, you are set to buy your crypto and begin trading.
Now you will see how to purchase Scotcoin (SCOT) in diverse techniques. To start, you have to access the «Trade» menu and select «Spot trading» (Spot Market). Then just enter the acronym Scotcoin (SCOT) in the search line at the top corner of the web page.
The system will indicate the crypto pairs you are authorized to operate with.
In short, you will only be capable to buy Scotcoin (SCOT) only with the crypto pairs displayed there.
Just for this case, you can do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT as we have funds in this couple. When we accomplish that, it immediately loads the crypto chart and the order book containing the buy and sell operations.
To be able to accomplish the operation, you ought to enter the trading password.
At the bottom-right, the financial markets to trade crypto can be seen, enabling automatically the «Spot». There you’ll find 3 ways to purchase Scotcoin (SCOT). The options are as follows:
You can also configure the order activation yet process it at the ideal market price. You are going to do this by selecting "Stop Market", and entering in «Stop Price» the sum you desire the Scotcoin (SCOT) to reach to activate the order and the amount of USDT to pay. By clicking on Buy Scotcoin (SCOT), your order will be processed at the market rate when it is the same as the stop price you have previously put.
With just one of these three alternatives, you already have the Scotcoin (SCOT) tokens you’ve just purchased in your trading account. From now on you may operate with this or you may want to get any other cryptos. Bear in mind that with Scotcoin (SCOT) you will only be capable to get the cryptos available in their pairs. Usually, you will have to trade your Scotcoin (SCOT) for a crypto that is typically available in the Scotcoin (SCOT) pairs, such as BTC, USDT, and BNB, and you could buy the one that you actually expect.
You can now start trading a Scotcoin (SCOT) at the Kucoin site.
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