Purchasing Shadow Token (SHDW) on the Binance platform
There are several trading platforms on the Internet nowadays, but certainly Binance is among the most popular and innovative.
So, if you wish to get started operating on it, the first thing you should do is to discover ways to purchase Shadow Token (SHDW).
Continue reading this post and you’ll discover everything you need to know about buying crypto on Binance.
----
Figure out how to register on Binance
Subscribing to the Binance platform is the very first step you must complete.
Easy registration: just follow the detailed instructions listed below.
Visit the Binance homepage and click on the "Register" button.
You have the direct access here.
In the Binance homepage you’ll find a button with the label "Register with a phone or email". Click on it.
You can also do this using your iOS phone.
For the purpose of this guide, the e-mail address registration process will be shown.
- In the window you’ll immediately see, pick your country of residence from the drop-down list.
- Now the extremely important step: password. Select a string of characters strange enough not to be simply guessed. Never use your birth date, middle name or things like that. Keep in mind that it’s your cash what will have to be protected by that password
- Now you must accept "Terms of Service" and, if you want to get information, news and updates from Binance in your e-mail address, mark in the corresponding box
Check the inbox at the email address you indicate at registration and look for the activation code for your account. Write it in the corresponding box and press "Send"
You’re now a Binance user!.
Now you can navigate the Binance platform and get to know all the options it has to offer.
You’ll discover how simple is to begin trading Shadow Token (SHDW).
To get access to those options, the first thing you need to do is fulfill the identity checking.
Please, note that it is only after you have fulfilled this security step that you’ll be allowed to begin operating with Shadow Token (SHDW).
But no need to worry, see the following paragraphs to learn how to do it.
How to complete the verification of your account and begin trading
The following are the steps to verify your Binance account and get the authorization to start operating:
Select "Security" from the drop-down list under the user profile button
Another alternative is to go to the top of the screen and click on the "Verify" button
Pick "Identification" on the left menu.
Country of residence must be chosen here.
Now, the 3 levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on your navigator window.
Begin by pressing "Start now" just below the "Verified" level.
Then a pop-up window will appear and there you will have to tytpe the following data:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Exact address of your residence.
It is time to verify your identity with a legal document.
You can do this with your ID card, passport, or license.
Follow the system instructions to take a selfie.
Once those steps have been completed, the Binance system will execute a confirmation process on your account.
Now wait patiently, Binance will let you know via e-mail when your application has been approved.
After that, it’s time to acquire Shadow Token (SHDW), to do so see the guidelines below.
Buying Shadow Token (SHDW) on Binance
Now that you have subscribed to the platform and got your account approved, you can begin trading.
Learning how to invest your money in Shadow Token (SHDW) is actually quite easy.
At this point, the Binance platform will require you to use a legal document for identity corroboration.
Use your passport, ID card or even your license to complete this step.
Now the system will require you to take a selfie following certain guidelines.
Once those steps have been completed, the Binance platform will perform a verification process on your account.
All you need to do is be patient, Binance will let you know via e-mail when your profile has been approved.
After that, it’s time to get Shadow Token (SHDW), to do so see the guidelines below.
Purchasing Shadow Token (SHDW) on Binance
Since you have subscribed to the Binance platform and got your account verified, you are able to start trading.
In this segment you’ll learn how simple is to invest your money in Shadow Token (SHDW).
Some processes might have alternative paths
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
You need to, of course, do that after you’ve logged into your account
Hover your mouse over this option and a list of buying alternatives will deploy.
Now you’ll need to use a legal document to support your identity.
ID card, passport or even a license will be enough to complete this requirement.
Now, you will be asked to take a selfie, according to the platform’s guidance.
The last step is on Binance’s side: a confirmation process that will take only a short time.
When your application has been accepted, you will be informed via e-mail, just be patient.
Congrats! Once you’ve received the confirmation you’re officially enabled to buy Shadow Token (SHDW). The following guidelines will be helpful.
How to buy Shadow Token (SHDW) on Binance
Now that you are subscribed to the platform and have your account validated, you can start trading.
Learning how to convert money into Shadow Token (SHDW) is not so difficult.
You will probably find more than one option throughout the process
To know which alternatives can be found when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.
You have to, of course, do that once you are logged into your account
Placing your mouse pointer over this option will display a list of alternatives for making the purchase.
Did you know you can use your credit or debit card to purchase SHDW?
Go to the "Buy Cryptos" and select the credit card-related option from the menu.
These directions will help you in the process:
Currency preferred and amount of the investment should be defined here.
The the Shadow Token (SHDW) you’d like to buy should be indicated in the second field
The quantity of Shadow Token (SHDW) you’ll receive will depend upon the amount of USD you’ve previously defined. The Binance system will immediately display it.
These guidelines will help you in the process:
Currency preferred and amount of the investment should be indicated in the next box.
In the next field you should pick the Shadow Token (SHDW) you intend to purchase
When you do so, the platform will automatically show you the number of Shadow Token (SHDW) you are going to receive, according the amount of USD you’ve 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 button "Add card".
Then the platform will ask you to indicate your CC data.
Now indicate the physical address details for the card. Then select "Add card".
When you see your new card has been included, click on "Continue".
The next screen will display an overview of the operation in its final stage. That includes the amount your card will be charged, the chosen currency and the amount of Shadow Token (SHDW) purchased.
It will also state the commission you should pay for the operation.
Within the next 60 seconds press "Confirm", from then on the order will expire automatically.
The next step must be carried out on the credit card banking system. Then you will complete a standard on-line payment with your credit card.
You may check your Binance digital wallet (called the «Spot Wallet») once the banking process is complete and you’ll find your recently bought Shadow Token (SHDW) already there
Purchase Shadow Token (SHDW) via Binance P2P
Another option you may use to buy a cryptocurrency is to trade it
with another subscriber. To do this, the first step is to add which payment method you wish to make use of.
The platform will now display the details of the purchase order you are about to complete. The sum your card will be charged with the currency you’ve chosen, and the Shadow Token (SHDW) you will receive.
It will also indicate the commission will be charged for the operation.
In less than 1 minute click on "Confirm", there after the order will be automatically terminated.
The Binance platform will now reroute 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.
Your recently bought Shadow Token (SHDW) will be available in your Binance e-wallet (referred to as the «Spot Wallet») after the banking process has been completed
Know how to purchase Shadow Token (SHDW) via Binance P2P
Another option you have to buy a cryptocurrency is to trade it
with another subscriber. To do this, the first step is to indicate the payment method you would want to use.
- Go to your account and choose "Security".
- Choose "Payment" from the menu on the left.
- As soon as the "Add a Payment Method" button is pressed the Binance system will guide you through the rest of the procedure.
Once you have added the new method of payment to your account, move to the "Buy Crypto" menu (top part of the screen), find the "Trading P2P" button, and follow the instructions below:
- On the upper bar of the "P2P Account" menu, select "Buy"
- This bar contains the list of Shadow Token (SHDW) available for purchase via P2P trading. Pick the one you would like to buy, in our case we will use «USDT» as an example.Buying one of these Shadow Token (SHDW) in P2P trading will allow the user to exchange it on Binance for any of the currencies available.
- Choose the currency you want to pay with from the drop-down menu under the "Fiat" label, for example, «VES».
- Use the "Amount" box to type the amount in VES you’d like to invest to purchase Shadow Token (SHDW).
- You will be able to see a register of traders’ ads a little while after you have stated the payment method.
- From the list displayed list, you may choose any of the traders. It is recommendable to select a verified one and better if a good percentage of completed sales is displayed.
- Click on "Buy USDT"
- Now the amount you wish to invest in VES must be entered
- Again, press "Buy USDT"
- A buying order has been opened and the trader and you will be able to contact each other for details, in case you need it. You have a limited time to pay, otherwise the order will be terminated by the platform (and that’s bad for your reputation as a buyer). Once you paid, click on "Transferred, Next", then press "Confirm".
Tips on how to transfer your Shadow Token (SHDW) to the Spot Wallet
The seller, upon confirming money reception, will automatically release the Shadow Token (SHDW).
The place where Shadow Token (SHDW) are added to is your account wallet.
But in order for you to get any other Shadow Token (SHDW), you need to move them to your Spot Wallet.
To achieve this, you only need to press "Transfer to Spot Wallet" immediately after the purchase order has been completed.
In the event you didn’t follow this step, don’t be anxious, you can move the cryptos at any other moment.
How to transfer your Shadow Token (SHDW) to the Spot Wallet
The trader, upon validating payment reception, will automatically release the Shadow Token (SHDW).
The place where Shadow Token (SHDW) are transferred to is your Binance wallet.
Note that you must transfer them to your Spot Wallet in case you want to buy any other crypto.
You can do this immediately once the buying order is completed just by clicking "Transfer to Spot Wallet".
Should 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.
- Hover the mouse upon "Wallet" and select "Wallet Funds" from the drop-down menu.
- See the "Transfer" option on the upper right area of the screen and press it.
- In the pop-up window, swap the «From» and «To» options so that it looks like this:
- From: Funds
- To: Fiat and Spot
- Choose the currency according to your funds in the platform, in this example we’ll use «USDT»
- Input the cryptos you are about to send to the spot walet and click "Confirm".
That’s it! This way you will have money in the Spot Wallet and you will be able to trade any of the numerous Shadow Token (SHDW) within the Binance platform.
Find out how simple is to purchase any cryptocurrency from Binance:
- Pick the "Trading" option in the top panel.
- Press "Convert" from the list.
- Fill in the box the amount of «USDT» you wish to spend.
- Now select the crypto you’re about to purchase.
- Click on "Preview conversion".
- Validate the operation and that’s all. You will have the funds of the chosen crypto in your Spot Wallet.
All right! Now you have funds available to buy any of the several Shadow Token (SHDW) in the Binance platform.
See how easy is to buy any cryptocurrency from the Binance platform:
- Select the "Trading" option in the upper section.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Select the crypto you intend to buy.
- Press "Preview conversion".
- Validate the transaction and that’s all. You now will have the funds of the chosen cryptocurrency in your Spot Wallet.
You’ve already seen how simple is to commence trading Shadow Token (SHDW) on Binance.
So, no need to think twice, make a fruitful business within this crypto platform.