Velo VELO Rank #474
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No doubt one of the world’s leading trading platforms today is Binance.
Understanding how to buy Velo (VELO) is essential if you want to start out operating on that platform.
So, in this post we will try to give you all what you need to know to trade with Velo (VELO) on the Binance cryptocurrency exchange.
There is only way to get started in trading within the Binance platform: subscribing to it.
To do so, you will need to follow each of the guidelines listed below.
Navigate to the Binance main page and press on the "Register" option.
You may access directly by clicking here.
In the Binance main page you’ll see a button with the label "Register with a phone or email". Press it.
This can also be done with any Apple phone.
In this article, we’ll will describe how to do this using an e-mail account.
You surely have received an e-mail sent to the address you’ve just used to create your Binance account. In its text you’ll see a one-time-only activation password you’ll have to will enter in that page. Then press "Send"
You’re now a Binance subscriber!.
Now you can navigate the Binance platform and observe all the options it has to offer.
This way you canit is possible to begin operating with Velo (VELO) without any trouble.
To gain access to those options, you need to complete the ID checking.
Important: No Velo (VELO) trading will be allowed if you skip this security step.
However, you don’t need to worry, see the following instructions to learn how to do it.
See the next guidelines and become a certified user:
From the user profile menu, click on "Security"
Another option is to go to the top of the navigator window and click on the "Verify" button
Locate the option "Identification" on the left part of the screen.
Country of residence is the first thing you must choose.
Now, the 3 levels of verification:
To begin, press "Start now" located under the "Verified" level.
In this step, you must give some personal information:
Now 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.
In the next stage, you will be asked to take a selfie, following the application’s requirements.
Once you have fulfilled the system’s requirements, you will have to wait a short time while your account is verified.
Now be patient, Binance is going to send you an email when your request has been accepted.
Congrats! Now you’re officially authorized to trade Velo (VELO). See the guidelines that follow.
In this section you’ll realize how easy is to make a purchase of Velo (VELO).
Next, you’ll have to to use a legal document to verify your identity.
ID card, passport or even a driver’s license will be enough to complete this formality.
Follow the system requirements to take a selfie.
Once you have completed the platform’s instructions, you’ll have to wait a short time for the verification to be performed on your account.
All you have to do is wait patiently, Binance will send you an email when your request has been accepted.
Upon receiving that email it’s time to get Velo (VELO), to do so follow the instructions below.
Understanding how to make a purchase of Velo (VELO) is not so difficult.
You may have different alternatives throughout the process
Look for the "Buy cryptos" menu on the Binance homepage to know which alternatives are available to you when buying.
Certainly, you’ll only be able to do this if you’re logged in
Hovering your mouse pointer over this key will show a list of alternatives for making your purchase.
Next, you’ll have to to provide a legal document to support your identity.
Use your passport, ID card or even your license to complete this step.
In the next step, you will be asked to take a selfie, according to the application’s instructions.
When you have fulfilled the platform’s guidelines, you’ll have to wait a short time while your account is verified.
Now be patient, Binance is going to let you know via e-mail once your application has been approved.
After that, it’s time to acquire Velo (VELO), to do so follow the instructions below.
First you need to learn how to convert money into Velo (VELO).
You may have more than one option 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 sign in to your account to be able to do this
Place your mouse over this key and a list of buying alternatives will be displayed.
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Continue reading for further instructions:
In the next box, pick the currency you want to use and indicate how much you are going to invest.
Next, pick the Velo (VELO) you are going to buy
Once you do so, the system will automatically show you the quantity of Velo (VELO) you are going to get, according the amount of USD you’ve recently defined.
After that, just adhere to these guidelines:
Currency preferred and how much to invest should be stated here.
Next, pick the Velo (VELO) you are going to buy
The quantity of Velo (VELO) you’ll receive will depend upon the amount of USD you have just specified. The Binance system will immediately show it to you.
Click "Continue".
Now you must specify the method of payment you’ll use. To pay with your credit card, choose in the "Visa/Mastercard" field the option "Add card".
Enter your CC data and press "Next".
The credit card’s associated address must be stated next. Be very careful, since you’ll need to enter it exactly as it is, otherwise your card might not be approved. Then press "Add card".
With this, your card will be added to the valid methods of payment in your user profile. Click "Continue".
Next, all the important details of the transaction will be summarized: the amount you are paying and the corresponding currency, and of course, the cryptos you are going to receive.
It will also let you know the commission will be charged for the transaction.
At this point you have 60 seconds to click on "Confirm", otherwise the order will be automatically canceled.
The Binance system will now reroute you to the bank issuing the credit card. There you will make a standard on-line payment using your credit card.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») when the banking procedure has been finished to find your recently bought Velo (VELO) already there
The platform will now show you the summary of the buying order you are creating. The amount you will pay with the currency you’ve chosen, and the Velo (VELO) you will receive.
Another detail of relevance in this overview is the sum Binance will charge you as a commision for making the transaction.
You have 60 seconds to press "Confirm", otherwise the order will be automatically terminated.
The next step needs to be carried out on the credit card banking platform. There you should complete a normal on-line payment using your credit card.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») when the banking process is complete to find your recently bought Velo (VELO) already credited
After you have added the new method of payment to your account, move to the "Buy Crypto" menu (upper part of the display), pick the "Trading P2P" option, and follow the guidelines below:
When you have completed a payment to the seller, they are going to release the Velo (VELO), just by confirming payment reception.
This way, they will instantly be added to your account balance.
Nonetheless, you will have to transfer them to your Spot Wallet in order for you to buy any other cryptocurrency.
That’s quite simple: just press "Transfer to Spot Wallet" right after the purchase order has been completed.
Should you forget to do this right after the purchase, no problem at all: you’ll always be able to do it at any moment.
Once you have made a payment to the trader, they will release the Velo (VELO), by confirming invoice of the payment.
So, they will instantly be added to your account balance.
Take into account that your Velo (VELO) must be in your Spot Wallet in case you would want to purchase others, so you will need to transfer them there before.
To do this, you only need to press "Transfer to Spot Wallet" once the buying order has been completed.
Should you forget to do this right after the purchase, no problem at all: you’ll always be able to do it later.
That’s all! This way you will have funds in the Spot Wallet and you will be able to trade any of the huge selection of Velo (VELO) within the Binance platform.
See how easy is to buy any crypto from Binance:
With these funds already in your Spot Wallet, don’t fear to purchase any cryptocurrency you believe will yield the greatest profit.
To buy Velo (VELO) from the Binance platform what you just have to do is the following:
This post surely pictured you a wide overview of what Binance is and how you can trade Velo (VELO) on it.
The future of money trading relies on Velo (VELO)., and Binance is a secure and friendly site to do business. Begin today!
In case you like to earn money through cryptocurrencies, you should discover how to utilize Kucoin platform. This trade is delivering strong benefits for all its users, in fact it is making increasingly more evolution in all its operations.
If you need to learn easily how to buy a Velo (VELO) in Kucoin, you must keep on reading this article.
When you have created your account into the Kucoin platform and met the security requirements, you should deposit your currency. This procedure is quite easy, good news is that you have several options to accomplish that.
One of them should be to navigate to the "Assets" or "Balance" section at the top right in the screen and look for the "Deposit" hyperlink. From then on, select the Velo (VELO) you want to transfer into your personal account to buy new cryptos, for instance, USDT.
After that, you will have to select the network you will use to get the transaction done. We strongly recommend Tron (TRC20) for it gets the lowest commissions.
Below is the the address you should write in the «Exchange» where you have the USDT you’d like to send to Kucoin. When you do this, you will instantly obtain the funds in your main account.
If this does not work in your country, you may attempt transferring funds to your account via P2P trading. This kind of purchase signifies that you make a bank transfer to one of the documented traders to get any of the official cryptos.
When you obtained the money in your account, it’s time to start using the Kucoin website.
Purchasing a Velo (VELO) on Kucoin you need to move the money you’ve just purchased to the trading accounts. To accomplish this you need to go to the «Balance» menu, click on the main account, enter your cryptocurrencies and choose "Transfer". This last option can be located on the same line than the currency you will use for the purchase.
If that is not working in your country, you can attempt moving the money to your account via P2P trading. This kind of deal signifies that you actually make a bank transfer to one of the registered traders to receive any of the authorized cryptos.
Once you get the money in your account, it’s the perfect time to learn how to navigate through the Kucoin platform.
Before buying a Velo (VELO) on Kucoin you need to move the money you have just purchased to the trading account. To get this done you need to go to the "Balance" menu, click the main account, enter your cryptocurrencies and choose "Transfer". This last button can be situated on the same line than the currency you will use to complete the purchase.
Next, you are redirected to a window to choose where you want to send the funds. You will need to take from the "Main Account" to the "Trading Account", and indicate the currency and the quantity you decided to send to transact. Then click on "Confirm".
Now that you got the funds within your account, you can buy your crypto and start trading.
Now we will make clear how to buy Velo (VELO) in diverse ways. To begin, you must access the «Trade» menu and select «Spot trading» (Spot Market). Then write the term Velo (VELO) in the search box at the top corner of the site.
The system will reveal the crypto pairs you can operate with.
In other words, you will only be capable of purchase Velo (VELO) only with the crypto pairs it shows you.
For this case, you’re able do it with «USDT», «USDC», «KCS», and «BTC».
We select ADA/USDT since we’ve got funds in this two. When we do that, it automatically loads the crypto chart and the order book with all the buy and sell operations.
In order to be able to complete the transaction, it is necessary to type the corresponding key.
At the bottom on the right-hand part, the platform shows us the markets to trade crypto, enabling automatically the «Spot». There we now have 3 options to purchase Velo (VELO). The options are as follows:
You can also configure the order activation yet process it at the greatest market price. You do this by selecting «Stop Market», and typing in "Stop Price" the amount you want the Velo (VELO) to reach to trigger the order and the amount of USDT to pay. By simply clicking Buy Velo (VELO), your purchase will be processed at the market rate when it is the just like the stop price you have previously put.
With any of these alternatives, you already have the Velo (VELO) tokens you have purchased in your trading account. From this moment you are able to trade with that or you may want to purchase any other cryptos. Bear in mind that with Velo (VELO) you’ll only be authorized to get the cryptos available in their pairs. Usually, you will have to sell the Velo (VELO) for a crypto that typically appears in the Velo (VELO) pairs, such as BTC, USDT, and BNB, then you could get the one you actually want.
Now you can start buying a Velo (VELO) using Kucoin.