Steem Dollars SBD Rank #557
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Binance could be considered one of the world’s most reputed trading platforms.
But if you wish to begin operating on it, the first thing you must do is to discover how to get Steem Dollars (SBD).
Prior to entering the amazing world of crypto on the Binance platform, you should get acquainted with the following.
Opening a Binance account is the initial step you must do.
Registering the Binance platform is very simple: see the following guidelines.
Go to the Binance homepage and press on the "Register" key.
You have the direct access here.
Look for the "Register with a phone or email" button in the main page and click on it.
The Binance platform is totally compatible with iOS devices as well.
For the purpose of this guide, the email address subscription process will be shown.
Check the inbox of the email address you indicate at sign up and search the activation code exclusive of your account. Enter it in the corresponding box and press "Send"
You’re now a Binance user!.
Now you may navigate the Binance platform and observe all the options it has to offer.
That’s the best way to know how friendly the Binance platform is, and how quick you can start trading Steem Dollars (SBD).
Complete the mandatory ID verification to enable all those options.
It is very important to note that until you complete this security measure, youwon’t get permission to start trading Steem Dollars (SBD).
No big deal, though. See the following section to complete that step.
The following are the steps to verify your Binance account and get the authorization to begin trading:
Choose "Security" from the drop-down list under the user profile section
You may also click on the "Verify" button on the upper part of the navigator window
Click "Identification" on the left options list.
Choose the Country of Residence.
You’ll will immediately see 3 verification levels:
Begin by selecting "Start now" just by the "Verified" level.
In this step, some personal information is required:
Here, the Binance platform will require you to provide a legal document for identity corroboration.
passport, ID card or even a driver’s license are all valid documents to fulfill this formality.
Now, you will be asked to take a selfie, according to the platform’s instructions.
Now you will have to wait for a short time while an account confirmation process takes place.
All you need to do is be patient, Binance is going to let you know via email when your request has been approved.
Congrats! Now you’re officially enabled to buy Steem Dollars (SBD). See the guidelines that follow.
Take a time to figure out how to buy a Steem Dollars (SBD).
At this point, the Binance platform will require you to present a legal document for identity checking.
passport, ID card or even a license are all valid documents to complete this condition.
Now the system will require you to take a selfie following certain instructions.
The last step is on Binance’s side: a certification process that will just take a while.
When your request has been approved, the platform is going to let you know via email, just be patient.
Congrats! Now you’re officially licensed to operate with Steem Dollars (SBD). See the guidelines that follow.
First you need to learn how to buy a Steem Dollars (SBD).
You will probably find more than one option throughout the process
Look for the "Buy cryptos" menu on the Binance homepage to know which alternatives can be found when buying.
Obviously, you’ll only be able to do this after you’ve logged in
Unveil all the different buying options just by placing your mouse over this button.
The next step is to verify your identity using a legal document.
You can do this by using your passport, ID card, or driver’s license.
In the next stage, you will be asked to take a selfie, following the application’s instructions.
The last step will be made by the Binance platform: a verification process that will take only a short time.
Once your application has been accepted, Binance is going to let you know via email, just be patient.
The following instructions will guide you through the Steem Dollars (SBD) trading process. As soon as you’ve got the confirmation e-mail, you are a Binance authorized Steem Dollars (SBD) trader.
In this section you’ll discover how simple is to convert cash into Steem Dollars (SBD).
You may find more than one option throughout the process
Look for the "Buy cryptos" menu on the Binance homepage to find out which options you have when making a purchase.
Needless to say you must be logged into your account to be able to do this
Hover your mouse on this option and a list of buying alternatives will be shown.
Select the credit card-related option from the drop-down list labeled "Buy Cryptos".
Read on for further directions:
Currency preferred and how much to invest should be specified here.
In the next field you should pick the Steem Dollars (SBD) you would like to purchase
Depending on the amount of USD you have previously specified, the system will automatically display the quantity of Steem Dollars (SBD) you’ll be given.
The following directions will be helpful to continue the process:
Currency to be used and amount of the investment must be specified in the next box.
In the next field you should pick the Steem Dollars (SBD) you’d like to purchase
The number of Steem Dollars (SBD) you will be given will depend upon the amount of USD you’ve just specified. The Binance system will immediately display it.
Press "Continue".
To include your Visa/MC credit card as a payment method, go to the "Visa/Mastercard" field and click on the "Add card" option.
Type your card numbers and press "Next".
In this step you must state the address associated to the credit card. Write it exactly as it is, then press "Add card".
Press "Continue" once you check your card has been successfully added to your user profile as a new method of payment.
The platform will now display the details of the order you are generating. The amount your card will be charged in the currency you’ve chosen, and the Steem Dollars (SBD) you will be given.
Indeed, Binance will charge you a small amount as a commission for making the transaction, and that will be shown in that quick view as well.
Now you have to validate the order pressing the "Confirm" button within the next 60 seconds, or it will be automatically canceled.
After this, you will be sent to the site of the bank issuing the credit card. There you should make a standard online payment with your credit card.
Your recently purchased Steem Dollars (SBD) will be deposited to your Binance digital wallet (referred to as the «Spot Wallet») as soon as the banking procedure is complete
Next, all the relevant details of the operation will be presented: the amount to be charged on your credit card and the corresponding currency, and obviously, the cryptos you are going to get.
In fact, Binance will claim a certain percentage as a commission for supporting the transaction, and that will appear in that summary also.
Now you must accept the order clicking on the "Confirm" button during the next 60 seconds, or it will be automatically shut down.
Next, you will be redirected towards the site of the bank issuing the credit card. Follow the instructions in the same way you would normally make a payment with your card.
Your recently purchased Steem Dollars (SBD) will be available in your Binance e-wallet (referred to as the «Spot Wallet») as soon as the banking procedure is complete
After you have included the new payment method to your account, move to the "Buy Crypto" menu (top part of the display), select the "Trading P2P" option, and follow the instructions below:
Cryptocurrencies will be released by the trader as soon as payment reception validation has been done.
So, they will instantly be deposited into your wallet.
Although, in case you would want to purchase any other Steem Dollars (SBD), you need to transfer them to your Spot Wallet.
To accomplish this, all you have to do is click on "Transfer to Spot Wallet" once the purchase order has been completed.
In case you didn’t follow this step, don’t be anxious, you can do it at any other moment.
The trader, upon receiving your payment, will automatically release the Steem Dollars (SBD).
So, they will immediately be deposited into your wallet.
Take into account that your Steem Dollars (SBD) must be in your Spot Wallet in order for you to buy others, so you will need to send them there before.
That’s easy: just press "Transfer to Spot Wallet" right after the purchase order is completed.
If you didn’t do this, don’t be anxious, you can move the cryptos later.
With these funds already in your Spot Wallet, don’t fear to buy any crypto you think could be worthwhile.
To buy Steem Dollars (SBD) from the Binance platform all you have to do is described below:
With these money already in your Spot Wallet, nothing keeps you from buying any cryptocurrency you think will yield the greatest profit.
Purchase any cryptocurrency from Binance just following the instructions described next:
Depending on the information above, you are now ready to begin trading on the Binance platform.
So, no need to think twice, make a fruitful business in the Binance platform.
If you like to earn money by purchasing cryptocurrencies, you must discover ways to use the Kucoin platform. This form oftrade is providing good benefits for all its users, and it is showing a lot more progress in all its tradings.
If you wish to learn conveniently how to buy a Steem Dollars (SBD) in Kucoin, you must keep on reading this post.
After you’ve registered to Kucoin and met the security requirements, you have to deposit your money. This process is quite easy, the best part is that you have several alternatives to do so.
One of them is to navigate to the "Balance" or "Assets" section at the top right of the screen and look for the "Deposit" button. From then on, pick the Steem Dollars (SBD) you would like to put into your account to buy new cryptos, for example, USDT.
After that, you will need to pick the network you will utilize to get the transaction done. All of us advise Tron (TRC20) since it gets the lowest commissions.
Next is the the address you should insert in the "Exchange" where you have the USDT you wish to transfer to Kucoin. Once you have already done this, you will instantly receive the funds within your main account.
If that seems not to be not working in your country, you may try moving the money to your account via P2P trading. This kind of purchase means that you make a conventional bank transfer to any of the listed traders to obtain any of the accepted cryptos.
Once you have the funds in your account, it’s time for you to learn how to navigate through the Kucoin platform.
Before buying a Steem Dollars (SBD) on Kucoin you have to transfer the money you’ve just purchased to the trading accounts. To accomplish this you have to click on the «Balance» menu, click on the main account, enter the cryptocurrencies and choose «Transfer». This last option can be located on the same line as the currency you’ll use for the purchase.
If this does not work in your country, you may try transferring funds to your account via P2P trading. This type of purchase signifies that you make a conventional bank transfer to one of the registered traders to get any of the approved cryptos.
When you received the funds in your account, it’s time to learn how to navigate through the Kucoin platform.
Purchasing a Steem Dollars (SBD) on Kucoin you need to send the money you’ve just purchased to the trading accounts. To achieve this you need to click on the «Balance» menu, click on the main account, enter your cryptocurrencies and then choose «Transfer». This last button can be situated on the same line than the currency you will use for the purchase.
Next, you will be sent to a menu for choosing 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 want to send to trade. Then simply click «Confirm».
Once you got the funds already credited within your account, you are set to buy your crypto and begin trading.
Here you will see how to buy Steem Dollars (SBD) in different methods. To start, you should open the «Trade» menu and click on «Spot trading» (Spot Market). After that type the acronym Steem Dollars (SBD) in the search line at the top corner of the page.
The system will reveal the crypto pairs you are allowed to trade with.
In short, you will only be allowed to purchase Steem Dollars (SBD) only with the crypto pairs it shows you.
With this case, you’re allowed do it with «USDT», «USDC», «KCS», and «BTC».
We select ADA/USDT because we’ve got funds in this couple. When we do so, it immediately loads the crypto chart and the order book with all the buy and sell businesses.
To be able to complete the transaction, you need to type the trading key.
At the bottom-right, the platform shows us the financial markets to trade crypto, enabling instantly «Spot». There we have 3 options to purchase Steem Dollars (SBD). The options are as follows:
You can also configure the order activation and process it at the optimum market price. You will do this by going to "Stop Market", and writing in «Stop Price» the sum you want the Steem Dollars (SBD) to arrive to trigger the order and the amount of USDT to invest. By hitting Buy Steem Dollars (SBD), your buying order will be processed at the market rate when it is the same as the stop price you have previously typed.
With just one of these three options, you’ve already got the Steem Dollars (SBD) tokens you have bought in your trading account. From now on you’re free to make transactions with this or you may want to buy other cryptos. Remember that with Steem Dollars (SBD) you’ll only be able to get the cryptos available in their pairs. Usually, you will have to sell your Steem Dollars (SBD) for a crypto that commonly appears in the Steem Dollars (SBD) pairs, such as BTC, USDT, and BNB, then you could get the particular one you really want.
Now you can buy a Steem Dollars (SBD) at the Kucoin site.