Buying TORO (TORO) on the Binance platform
Binance could be considered one of the leading trading platforms in the world.
Therefore, the first thing you must to do if you wish to start out trading on it is to learn how to get TORO (TORO).
So, on this page we will bring you all what you need to know to purchase TORO (TORO) on the Binance crypto exchange.
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Understand how to register on Binance
To be capable of buying TORO (TORO) on Binance, the vital thing you have to know indeed is how to subscribe.
Quick and easy registration: just follow the detailed instructions listed below.
Search for the "Register" option in the Binance main page and press on it to begin the registration process.
Go directly to Binance by clicking here.
In the Binance main page you’ll see a button named "Register with a phone or email". Click on it.
Apple devices can be used to do this as well.
In this article, we’ll will describe how to suscribe using an email account.
- First, select the country from the drop-down list according to the one you reside.
- Next, type your e-mail address and a security password. Be well aware that you are going to trade your money, so you must give relevance to the password you select
- Mark if you wish to receive news and information directly from Binance to your email address. Accept the "Terms of Service" and press "Create Account"
Binance will immediately send a one-time-only activation keycode (NB: this is NOT the password you’ve created) that you’ll write it in the corresponding line, then click on "Send"
And that’s all! You are now signed up with Binance.
It would be a nice idea to have a walk through the different options of the Binance platform and get acquainted to them.
You’ll realize how easy is to begin operating with TORO (TORO).
Complete the required identity checking to enable all these options.
Please, note that it is only after you have fulfilled this security measure that you’ll be able to begin trading TORO (TORO).
No big deal, though. See the following instructions to fulfill that step.
How to verify your Binance account and begin trading
The following are the instructions to verify your Binance subscription and get the permission to start trading:
On the main page, place the mouse pointer on the user profile option and a list will immediately drop down where you will click on "Security"
Another alternative is to go to the upper part of the navigator window and click on the "Verify" button
Click "Identification" on the left options list.
Now you should choose your country of residence.
Next, the 3 verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on screen.
Click on the "Start now" button under the "Verified" label, for this will be your beginning level.
A new window will pop-up, and there you’re going to provide your personal data: Nationality, first name and last name, second name and birth date. Besides, make sure you enter the exact address of your residence
The next step is to corroborate your identity with a legal document.
You can do this with your ID card, passport, or license.
Follow the system requirements to take a selfie.
The final step will be made by the Binance system: a confirmation process that will take only a short time.
Now you must wait until your application has been approved. Be patient, the platform will send you an e-mail.
Congratulations! Now you’re officially licensed to operate with TORO (TORO). The following instructions will be helpful.
Purchasing TORO (TORO) on Binance
Since you have subscribed to the platform and got your account confirmed, you can begin trading.
In this segment you’ll see how easy is to make a purchase of TORO (TORO).
Now you’ll have to to use a legal document to support your identity.
You can do this with your passport, ID card, or driver’s license.
Now the platform will require you to take a selfie following certain instructions.
The final step is on Binance’s side: a verification process that will take only a short time.
Now you must wait until your profile has been approved. Be patient, the platform is going to send you an e-mail.
Upon receiving that email it’s time to purchase TORO (TORO), just follow the instructions below.
Purchasing TORO (TORO) on Binance
Starting your TORO (TORO) trading experience has never been so simple, right?.
First you need to understand how to make a purchase of TORO (TORO).
You will probably have more than one option throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Needless to say you must login to your account to do this
Find all the different purchase options just by placing your mouse over this button.
The next step is to sustain your identity using a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will have to take a selfie, following the platform’s requirements.
Once those steps have been completed, the Binance platform will do a confirmation process on your account.
As soon as your request has been approved, the platform will send you an email, just be patient.
Congratulations! Once you’ve got the confirmation you’re officially enabled to buy TORO (TORO). The following instructions will be helpful.
How to purchase TORO (TORO) on Binance
Starting your TORO (TORO) trading adventure has never been so easy, right?.
In this section you’ll see how easy is to convert money into TORO (TORO).
Some steps may have alternative paths
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
You have to, of course, try this once you are logged into your account
Uncover all the different purchase options just by hovering your mouse over this button.
Using your debit or credit card for buying cryptos
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Read on for detailed guidelines:
Currency to be used and amount of the investment should be stated here.
Next, select the TORO (TORO) you’re going to buy
The number of TORO (TORO) you’ll get will depend upon the amount of USD you have recently defined. The Binance system will immediately show it to you.
After that, just adhere to the following directions:
Now you should pick the currency you wish to buy with and specify how much you want to invest.
Next, choose the TORO (TORO) you are going to get
When you do so, the platform will automatically display the number of TORO (TORO) you’ll receive, according the amount of USD you’ve previously specified.
Now select "Continue".
To use your CC as a payment method, select in the "Visa/Mastercard" field the button "Add card".
CC data must be entered in this step, then press "Next".
Your credit card’s associated address should be stated next. Try not to err a single character, since you must write it exactly as it is, otherwise your card won’t be admitted. Then press "Add card".
Now that your new card has been successfully included, press "Continue".
Next, all the important details of the operation will be summarized: the amount you’ll pay and the corresponding currency, and of course, the cryptos you will get.
Obviously, Binance will charge you a certain percentage as a commission for supporting the operation, and that will be shown in that snapshot as well.
At this point you have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The following step needs to be carried out on the credit card banking system. There you will make a normal on-line payment with your credit card.
After the banking procedure has been done, you are already in possession of the purchased TORO (TORO) in your Binance digital wallet (called the «Spot Wallet»)
Purchase TORO (TORO) with Binance P2P
That means «Person To Person», i.e.: trading TORO (TORO)
with another Binance trader. Payment method is the first setting you should indicate.
The system will now display the synthesis of the purchase order you are creating. The sum your card will be charged with the currency you’ve chosen, and the TORO (TORO) you will be given.
Another important detail in this overview is the sum Binance will charge you as a commision for making the transaction.
You have 60 seconds to click on "Confirm", otherwise the order will be automatically canceled.
The next step has to be carried out on the credit card banking webpage. Proceed exactly as you do when making a payment with your card on the bank website.
Your recently bought TORO (TORO) will be available in your Binance e-wallet (called the «Spot Wallet») when the banking procedure has been done
Know how to buy TORO (TORO) with Binance P2P
An optional way to get crypto is to exchange it
with another trader. Method of payment is the first setting you must define.
- Go to the "Security" panel of your account.
- In the list on the left-hand side choose "Payment".
- After Clicking on "Add a Payment Method" the system will guide you through the rest of the process.
Now that the new payment method has been configured in your account, go to the upper part of the display and hover on "Buy Crypto" to drop-down the menu and click on "Trading P2P". Then see the following steps:
- Locate the "Buy" option on the upper bar of the "P2P Account" tab and press it
- Here you can select the TORO (TORO) you’re interested in, among all those available for buying via P2P trading. We will use «USDT» for this guide.Buying any crypto via P2P trading will allow the subscriber to exchange it on Binance for any of the foreign currencies available.
- Look for the "Fiat" label on the top tabs and deploy the drop-down list to find all valid currencies. We’ll use «VES» in this example.
- Use the "Amount" box to enter the amount in VES you’re going to invest to buy TORO (TORO).
- Choose the method of payment and wait for the platform to show you the list of the dealers’ ads.
- From the list displayed list, you can pick any of the traders. It is advisable to select one with the «Verified» mark and better if a high percentage of completed sales is displayed.
- Select "Buy USDT"
- Type the amount in VES you wish to pay
- Click on "Buy USDT" again
- Now an order has been created and the trader and you will be in touch. Complete the payment, click on "Transferred, Next" and then press "Confirm". Note that there’s a time limit for you to pay.
How to transfer your TORO (TORO) to the Spot Wallet
Once you have completed a payment to the seller, they are going to release the TORO (TORO), just by confirming payment reception.
The place where TORO (TORO) are deposited is your account wallet.
Take into account that your TORO (TORO) must be in your Spot Wallet in order for you to buy others, so you will have to transfer them there before.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This TORO (TORO) internal transfer can be done whenever you need.
How to transfer your TORO (TORO) to the Spot Wallet
After you have completed a payment to the trader, they are going to release the TORO (TORO), just by confirming payment reception.
The default place where TORO (TORO) are transferred to is your account wallet.
Nonetheless, you will need to transfer them to your Spot Wallet in case you want to get any other cryptocurrency.
You can do this immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
If you didn’t do this, don’t be anxious, you can move the cryptos at any other moment.
- Place the mouse pointer over "Wallet" and select "Wallet Funds" from the drop-down menu.
- Locate the "Transfer" button at the top right and click on it.
- A pop-up window will open, where you must change the options to:
- From: Funds
- To: Fiat and Spot
- Select the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Set the amount you are moving for the Exchange and press "Confirm".
All right! Now you have money available to purchase any of the several TORO (TORO) in the Binance platform.
Purchase any cryptocurrency from the Binance platform just following the steps detailed next:
- Find the "Trading" option in the top top section.
- From that list select the "Convert" alternative.
- Enter the sum of «USDT» you would like to spend.
- Choose the cryptocurrency you intend to buy.
- Choose "Preview conversion".
- Confirm the operation and that’s it. You now will have the amount of the selected crypto in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from trading any crypto you think might be worthwhile.
To buy TORO (TORO) from the Binance platform all you have to do is described below:
- In the upper section, look for the "Trading" menu.
- From that listing choose the "Convert" alternative.
- Fill in the box the amount of «USDT» you wish to invest.
- Choose the crypto you would like to get.
- Press "Preview conversion".
- Validate the transaction and that’s all. You will have the amount of the selected crypto in your Spot Wallet.
Depending on this information, you are now ready to start out trading on Binance.
So, no time to waste, make a fruitful business within this crypto platform.