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Binance could be considered one of the leading trading platforms in the world.
However, if you want to start trading on it, the first thing you have to do is to discover how to buy Torex (TOR).
This article is intended to teach the reader on how to trade with Torex (TOR) on the Binance Torex (TOR) exchange.
Subscribing to the Binance platform is the initial step you need to accomplish.
Registering the Binance platform is simple: check the following instructions.
On the Binance homepage you have to locate the "Register" button and click on it.
Click here to go straight to the Binance platform.
In the Binance main page you’ll see a button named "Register with a phone or email". Click on it.
The Binance platform is totally compatible with iOS mobile devices as well.
In this article we’ll will show you the subscription process using an e-mail address.
You surely have received an e-mail in the address you’ve just used to create your Binance account. It will have a one-time-only activation password you’ll need to will enter in that page. Then click on "Send"
Finally, your Binance subscription is active.
Take a time to become familiar with the different options of the Binance platform by browsing them.
This way you mayit will be possible to begin trading Torex (TOR) very easily.
To gain access to those options, the first thing you must do is fulfill the ID verification.
Please, take into account that it will be only after you have fulfilled this safety measure that you’ll be allowed to start operating with Torex (TOR).
In the following paragraphs, you’ll see how to do it. Hassle-free.
The following are the steps to verify your Binance account and get the permission to begin trading:
From the user profile menu, choose "Security"
Another option is to go to the top of the navigator window and press the "Verify" button
Press "Identification" on the left options list.
Select your Country of Residence.
Now, the three levels of verification:
To begin, click on "Start now" located below the "Verified" level.
Then it shows a pop-up window where you must enter the following information:
Here, the Binance platform will ask you to present a legal document for identity checking.
ID card, passport or even a license will be enough to complete this formality.
Now, you will be asked to take a selfie, following the application’s requirements.
Now you’ll have to wait for a short period while an account verification process is performed.
Once your request has been approved, the system will send you an email, just be patient.
The following instructions will guide you through the Torex (TOR) buying process. As soon as you’ve got the confirmation email, you have become a Binance licensed Torex (TOR) trader.
Take a time to learn how to convert money into Torex (TOR).
Here, the Binance platform will require you to show a legal document for identity corroboration.
ID card, passport or even a driver’s license are all valid documents to fulfill this formality.
Follow the system guidance to take a selfie.
After fulfilling all those requisites, the Binance system will perform a verification process on your account.
All you need to do is wait patiently, Binance will let you know via e-mail once your request has been approved.
Congratulations! As soon as you’ve got the confirmation you’re officially licensed to trade Torex (TOR). The following instructions will be helpful.
First you need to understand how to invest your money in Torex (TOR).
You may have different options throughout the process
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
Needless to say you must be logged into your account to be able to do this
Hover your mouse over this button and a list of buying alternatives will deploy.
Next, you’ll need to provide a legal document to corroborate your identity.
Use your passport, ID card or even your license to complete this step.
Follow the system instructions to take a selfie.
Once you have fulfilled the platform’s instructions, you will have to wait a short time for the confirmation to be applied to your account.
Now you have to wait until your application has been approved. Be patient, the system will send you an email.
After that, it’s time to acquire Torex (TOR), just see the guidelines below.
Learning how to convert money into Torex (TOR) is not that hard.
Be aware that you could have more than one option for this process
The "Buy cryptos" menu on the Binance main page will be your reference when making a purchase.
You have to, of course, make this happen once you are logged into your account
See all the different purchase options just by placing your mouse over this button.
What you must do to buy the Torex (TOR) you want using a credit card, is to pick this option from the "Buy Cryptos" drop-down list.
Read on for detailed guidelines:
Currency to be used and amount of the investment should be defined in the next box.
In the second field you should choose the Torex (TOR) you’d like to buy
Considering the amount of USD you have just defined, the platform will immediately display the quantity of Torex (TOR) you are going to get.
Read on for detailed guidelines:
Currency preferred and amount of the investment must be defined here.
The the Torex (TOR) you’d like to get should be chosen from the second field
When you do so, the platform will automatically show you the quantity of Torex (TOR) you will be given, according the amount of USD you’ve just specified.
Click "Continue".
In case you’re going to pay with your credit card, go to the "Visa/Mastercard" box and click on the "Add card" button.
Then the system will ask you to indicate your credit card details.
The credit card’s address must be specified next. Be very careful, since you’ll need to write it exactly as it is, otherwise the card might not be admitted. Then press "Add card".
With this step, your credit card will be added to the payment methods in your user profile. Click "Continue".
Next, you’ll be presented a snapshot of the transaction in its final stage. That includes the amount you will pay, the chosen currency and the amount of Torex (TOR) bought.
Certainly, Binance will take a small amount as a commission for making the purchase, and that will be shown in that summary also.
Now you must acknowledge the order clicking on the "Confirm" button within the following minute, or it will be automatically shut down.
The Binance system will now reroute you to the credit card issuing bank. Then you will make a standard online payment using your credit card.
Your recently bought Torex (TOR) will be credited to your Binance e-wallet (referred to as the «Spot Wallet») when the banking process has been finished
The platform will now display the details of the order you are creating. The amount you are paying in the currency you have chosen, and the Torex (TOR) you will be credited.
Another important detail in this overview is the amount you’ll be charged as a commision for making the operation.
Now you must validate the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically shut down.
After this, you’ll be sent to the banking platform the credit card has been issued by. Then you will complete a normal online payment using your credit card.
You can check your Binance digital wallet (referred to as the «Spot Wallet») after the banking process has been completed to see your recently bought Torex (TOR) already credited
After the new payment method has been configured in your account, locate the "Buy Crypto" menu on the top part of the display, press on the "Trading P2P" option and follow the instructions described below:
Cryptocurrencies will be released by the seller as soon as money reception acknowledge has been done.
The default place where Torex (TOR) are added to is your Binance wallet.
Although, in case you want to get any other Torex (TOR), you will have to move them to your Spot Wallet.
To get this done, all you have to do is click on "Transfer to Spot Wallet" once the buying order has been completed.
This Torex (TOR) internal transfer can be carried out whenever you need.
Cryptocurrencies will be released by the trader as soon as payment reception acknowledge has been done.
You may see your wallet Binance balance to confirm reception.
However, in order for you to buy any other Torex (TOR), you need to transfer them to your Spot Wallet.
That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the purchase order has been completed.
This Torex (TOR) internal movement can be carried out whenever you need.
That’s all! This way you will have money in the Spot Wallet and you will be able to buy any of the several of Torex (TOR) that the Binance platform has.
See how simple is to purchase any cryptocurrency from Binance:
With these funds already in your Spot Wallet, don’t fear to buy any crypto you believe could yield the greatest profit.
To purchase Torex (TOR) from Binance what you just have to do is described below:
You’ve already seen how simple is to start doing business with Torex (TOR) on Binance.
Don’t wait any further and begin earning an extra income.
If you like to make money by purchasing cryptocurrencies, you must figure out how to make use of the Kucoin platform. This form ofexchange is yielding great benefits for all its users, in fact it is showing more and more evolution in all its tradings.
If you want to learn conveniently how to buy a Torex (TOR) in Kucoin, you have to keep on reading this post.
When you’ve created your account into the Kucoin platform and met the safety requirements, you should deposit your money. Using this method is fairly simple, the best part is that you have several options to do that.
One of them is to enter to the «Assets» or «Balance» section at the top right on the display and select the «Deposit» button. From then on, select the Torex (TOR) you would want to transfer into your personal account to purchase new cryptos, for example, USDT.
After that, you will have to select the network you will utilize for completing the operation. All of us recommend Tron (TRC20) for it gets the lowest commissions.
Below you’ll see the address you have to insert in the "Exchange" where you currently have the USDT you wish to convert to Kucoin. Once you have already done this, you can expect to get the funds in the main account immediately.
If this is not working in your country, you should attempt transferring the money to your account via P2P trading. This kind of deal implies that you actually make a traditional bank transfer to any of the registered traders to obtain any of the genuine cryptos.
When you received the funds in your account, it’s time for you to learn how to use the Kucoin platform.
Before buying a Torex (TOR) on Kucoin you have to send the money you have just purchased to the trading accounts. To do this you need to navigate to the «Balance» menu, click the main account, enter your cryptocurrencies then choose "Transfer". This last button can be located on the same line than the currency you will use for the purchase.
If this does not work in your country, you could try moving the money to your account via P2P trading. This kind of deal implies that you actually make a traditional bank transfer to any of the authorized traders to receive any of the approved cryptos.
When you received the funds in your account, it’s time to learn how to work with the Kucoin platform.
Purchasing a Torex (TOR) on Kucoin you must transfer the money you’ve just purchased to the trading account. To get this done you have to open the «Balance» menu, click on the main account, enter the cryptocurrencies and then choose "Transfer". This last option can be found on the same line as the currency you are going to use for the purchase.
Following this, you will be sent to a window to select where you wish to send the funds. You must transfer from the «Main Account» to the "Trading Account", and indicate the currency and the quantity you decided to send to operate. Then select «Confirm».
Now that you have the cash in your account, you can buy your crypto and start trading.
Now we will clarify how to purchase Torex (TOR) in different ways. To begin, you have to access the «Trade» menu and click on "Spot trading" (Spot Market). After that type the acronym Torex (TOR) in the search box at the top corner of the webpage.
The system will show you the crypto pairs you are allowed to trade with.
In other words, you‘ll only be capable to purchase Torex (TOR) just with the crypto pairs displayed there.
With this case, you’re able do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT since we have funds in this couple. When we do so, it automatically loads the crypto graph data and the order book with the buy and sell procedures.
To be able to do the operation, it is necessary to enter the trading code.
At the bottom-right, the markets to trade crypto can be seen, automatically enabling the «Spot». There you’ll find 3 ways to purchase Torex (TOR). Next you’ll see those options:
You can also establish the order activation yet process it at the greatest market price. You will do this by selecting «Stop Market», and entering in «Stop Price» the amount you wish the Torex (TOR) to achieve to trigger the order and the amount of USDT to spend. By clicking on Buy Torex (TOR), your buying order will be processed at the market rate when it is the same as the stop price you have set.
With any of these options, you’ve already got the Torex (TOR) tokens you have bought in your trading account. From this moment you may trade with it or you may want to purchase other cryptos. Remember that with Torex (TOR) you’ll only be able to get the cryptos available in their pairs. Often you will have to sell the Torex (TOR) for a crypto that is typically available in the Torex (TOR) pairs, such as BTC, USDT, and BNB, and after that you can get the particular one that you actually expect.
Now you can start trading a Torex (TOR) from the Kucoin platform.
| Exchange | Market Pairs | Buy |
|---|---|---|
| ProBit Global | LTC/USDT | - |