Purchasing Stellar Diamond (XLD) on the Binance platform
There are several trading platforms today on the Internet, but without a doubt Binance is one of the most popular and reputed.
Learning how to trade with Stellar Diamond (XLD) is crucial if you wish to get started on trading on that platform.
This post is intended to guide you on how to trade with Stellar Diamond (XLD) on the Binance Stellar Diamond (XLD) platform.
----
Figure out how to register on Binance
Opening a Binance account is the initial step you need to do.
Registering to the Binance platform is very simple: see the following instructions.
Search for the "Register" option in the Binance homepage and press on it to start the registration process.
Click here to go straight to the Binance platform.
Look for the "Register with a phone or email" button in the main page and press it.
Apple devices can be used to do this as well.
For the purpose of this article, the e-mail address registration technique will be described.
- From the drop down list of countries, select the one you’re living in.
- The next step is defining a safety password. This is vital since it’s all about your money’s safety, so you must to invent a really robust one
- In this step you must accept "Terms of Service" and, if you wish to receive information, updates and news from Binance in your e-mail address, mark in the corresponding box
By now, you should have received an email sent to the address you’ve just used for creating your Binance account. It will have an activation keycode you will enter in the corresponding box. Then press "Send"
That’s all! You are now and authorized subscriber of Binance.
It would be a nice idea to navigate through the different areas of the Binance platform and become familiar with them.
This way you canit will be possible to start trading Stellar Diamond (XLD) without difficulty.
To gain access to those options, the first thing you must do is fulfill the ID checking.
Notice: No Stellar Diamond (XLD) trading will be permitted if you overlook this safety step.
In the following paragraphs, you’ll learn how to do that. Hassle-free.
How to complete the verification of your Binance account and get started on trading
These are the instructions to verify your Binance account and get authorized to start operating:
On the main page, hover the mouse on the user profile option and a list will immediately appear where you will press "Security"
Or just look for the "Verify" button on the top of the screen
In the list shown on the left-hand part of the navigator window, click on the "Identification" option.
Here you’ll need to select your country of residence.
The platform displays you three verification levels: the one you already have, the Verified, and the Verified Plus.
Begin by selecting "Start now" located near the "Verified" level.
Then a pop-up window will appear and there you will need to enter the following info:
- Nationality.
- First and Last Name.
- Second name and birth date.
- Exact address of your residence.
Now you’ll need to use a legal document to verify your identity.
ID card, passport or even a driver’s license will be enough to complete this requirement.
Follow the system guidance to take a selfie.
The last step is on Binance’s side: a verification process that will just take a while.
Now you must wait until your application has been accepted. Be patient, Binance is going to send you an email.
The following instructions will guide you through the Stellar Diamond (XLD) trading process. As soon as you’ve received the confirmation email, you are a Binance licensed Stellar Diamond (XLD) trader.
Learn to buy Stellar Diamond (XLD) on Binance
Now that you have subscribed to the Binance platform and got your account approved, you can start trading.
Take a time to understand how to make a purchase of Stellar Diamond (XLD).
Next, you’ll need to present a legal document to support your identity.
Use your passport, ID card or even your license to complete this step.
Now the platform will require you to take a selfie following certain instructions.
Once you have fulfilled the platform’s requirements, you’ll have to wait a while for the confirmation to be applied to your account.
Now you must wait until your application has been approved. Be patient, Binance is going to send you an e-mail.
Upon receiving that email it’s time to get Stellar Diamond (XLD), just follow the guidelines below.
Learn to purchase Stellar Diamond (XLD) on Binance
Starting your Stellar Diamond (XLD) trading career has never been so simple, right?.
Learning how to buy a Stellar Diamond (XLD) is actually quite easy.
You will probably have 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.
Needless to say you must be logged into your account to be able to do this
Placing your mouse pointer over this option will show a list of alternatives to make the purchase.
The next step is to sustain your identity with a legal document.
Use your passport, ID card or even your license to complete this step.
In the next step, you will have to take a selfie, following the platform’s requirements.
After completing all those requisites, the Binance platform will carry out a confirmation process on your account.
Now you have to wait until your profile has been approved. Be patient, the platform will let you know via e-mail.
Congrats! Now you’re officially licensed to operate with Stellar Diamond (XLD). See the guidelines that follow.
Purchasing Stellar Diamond (XLD) on Binance
Beginning your Stellar Diamond (XLD) trading career has never been so easy, right?.
In this segment you’ll learn how easy is to make a purchase of Stellar Diamond (XLD).
You may find more than one option throughout the process
To find out which alternatives you have when buying, look for the "Buy cryptos" menu on the Binance homepage.
Certainly, you’ll only be able to do this if you’re logged in
See all the different buying options just by placing your mouse over this button.
Learn how to use your credit or debit card to buy cryptos
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
The following instructions will be helpful to continue the process:
Currency preferred and how much you’ll invest should be stated in the next box.
In the second field you must pick the Stellar Diamond (XLD) you wish to buy
The quantity of Stellar Diamond (XLD) you will be given will depend upon the amount of USD you’ve just indicated. The Binance system will immediately show it to you.
Keep on reading for detailed guidelines:
Currency to be used and how much to invest must be indicated here.
Next, select the Stellar Diamond (XLD) you are going to purchase
Depending on the amount of USD you have recently defined, the platform will automatically show you the quantity of Stellar Diamond (XLD) you will receive.
Click on "Continue".
Now you must specify your method of payment. To pay with your credit card, choose in the "Visa/Mastercard" field the option "Add card".
Then the system will prompt you to type your card data.
In this step you must state the physical address details for the CC. Following this, select "Add card".
Now that your new card has been added, press "Continue".
Next, you’ll be presented a quick view of the operation in its final stage. That includes the sum you will pay, the chosen currency and the amount of Stellar Diamond (XLD) you will receive.
Certainly, Binance will take a certain percentage as a commission for supporting the purchase, and that will be shown in that snapshot as well.
In less than 1 minute click on "Confirm", after that time the order will expire automatically.
The Binance system will now redirect you to the credit card issuing bank. Follow the instructions in the same way you would make a payment with your card.
As soon as the banking procedure is complete, you will get your recently bought Stellar Diamond (XLD) in your Binance digital wallet (referred to as the «Spot Wallet»)
See how easy is how to purchase Stellar Diamond (XLD) via Binance P2P
You can buy Stellar Diamond (XLD) not only by means of a direct purchase, but exchanging them «Person To Person»
with another Binance subscriber as well. Method of payment is the first setting you will define.
The system will now display the synthesis of the buying order you are about to complete. The amount your card will be charged with the currency you have chosen, and the Stellar Diamond (XLD) you will get.
Another important detail in this snapshot is the percentage Binance will charge you as a commision for making the transaction.
You have 60 seconds to press "Confirm", otherwise the order will be automatically canceled.
The system will now redirect you to the bank issuing the credit card. Follow the guidelines in the same way you would normally pay with your credit card.
Your recently purchased Stellar Diamond (XLD) will be credited to your Binance e-wallet (called the «Spot Wallet») after the banking process is complete
Know how to purchase Stellar Diamond (XLD) via Binance P2P
An optional way to purchase a cryptocurrency is to trade it
with another person. In that case, you should add the payment method you want to use first.
- Click on "Security" in your account.
- Locate the "Payment" option in the menu you’ll see from the menu on the left and choose it.
- Once the "Add a Payment Method" button is pressed the platform will guide you through the rest of the procedure.
Now that the new payment method has been configured in your account, go to the upper part of the screen and hover on "Buy Crypto" to drop-down the list of options and click on "Trading P2P". Then see the following steps:
- Click the "Buy" button on the upper bar of the "P2P Account" menu
- This bar shows the list of Stellar Diamond (XLD) available for purchase via P2P trading. Choose the one you want, in our case we will use «USDT» as an example.It is important to note that once you purchase one of these cryptocurrencies through P2P trading, you will be able to exchange it for any of the currencies valid in the Binance platform.
- It is time to choose the local currency you want to pay with, for example, «VES». To do this, see the drop-down menu under the "Fiat" label.
- You need to input the sum in VES you’re going to use in the "Amount" box.
- You will see a list of dealers’ offers as soon as you have selected the payment method.
- Select a seller from the displayed list. We suggest that you choose one that is verified and has a high completed sales rate.
- Press "Buy USDT"
- Type the amount in VES you would like to pay
- Again, press "Buy USDT"
- Doing so will open a purchase order where you will be in touch with the trader. Pay within the time limit and click on "Transferred, Next", then press "Confirm".
Tips on how to transfer your Stellar Diamond (XLD) to the Spot Wallet
The seller, upon confirming money reception, will immediately release the Stellar Diamond (XLD).
The place where Stellar Diamond (XLD) are added to is your Binance wallet.
But in order for you to get any other Stellar Diamond (XLD), you need to transfer them to your Spot Wallet.
You can move them immediately right after the purchase order is completed just by clicking "Transfer to Spot Wallet".
If you didn’t do this, don’t be anxious, you can move the cryptos later.
The right way to transfer your Stellar Diamond (XLD) to the Spot Wallet
The trader, upon receiving your payment, will immediately release the Stellar Diamond (XLD).
So, they will immediately be added to your account balance.
Take into account that your Stellar Diamond (XLD) must be in your Spot Wallet in order for you to get others, so you will have to transfer them there before.
That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the buying order has been completed.
If you forget to follow this step right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it later.
- Select "Wallet Funds" from the "Wallet" drop-down menu.
- The "Transfer" button is located at the top right. Press it.
- A new window will pop-up, where you must configure the options to:
- From: "Funds"
- To: "Fiat and Spot"
- Choose the currency in which you have money, in the example right here we use «USDT»
- Set the cryptos you are sending to the spot walet and press "Confirm".
Perfect! Now you have funds available to purchase any of the several Stellar Diamond (XLD) in the Binance platform.
To buy Stellar Diamond (XLD) from the Binance platform all you have to do is the following:
- Locate the "Trading" option in the top top panel.
- Press "Convert" from the list.
- Type the amount of «USDT» you would like to invest.
- Now select the cryptocurrency you’re about to buy.
- Choose "Preview conversion".
- Confirm the transaction and that’s all. You will have the funds of the chosen cryptocurrency in your Spot Wallet.
That’s it! This way you will have money in the Spot Wallet and you will be able to purchase any of the huge selection of Stellar Diamond (XLD) that the Binance platform has.
Discover how simple is to buy any crypto from Binance:
- Find the "Trading" menu in the upper section.
- From the listing choose the "Convert" option.
- Fill in the box the amount of «USDT» you want to invest.
- Now select the cryptocurrency you’re about to get.
- Click on "Preview conversion".
- Validate the transaction and that’s all. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
You’ve already learned how easy is to commence trading Stellar Diamond (XLD) on Binance.
So, no time to waste, make a fruitful business within the Binance platform.