All about Waves (WAVES) Token. Explanation, price and risks

Purchasing Waves (WAVES) on Binance

Undoubtedly one of the world’s leading trading platforms today is Binance.

However, if you need to get started operating on it, the first thing you should do is to learn how to purchase Waves (WAVES).

This post will try to teach the reader on how to purchase Waves (WAVES) on the Binance Waves (WAVES) platform.

Learn how to register on Binance

To be able to buy Waves (WAVES) on Binance, one thing you must know indeed is how to subscribe.

Hassle-free subscription: just follow the detailed instructions listed below.

Go to the Binance main page and click on the "Register" key.

You may log in directly by clicking here.

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 how to register using an email address.

• In the screen that is shown, pick your country of residence from the drop down list.
• The next step is picking a secure password. This is crucial since it’s all about your money, so you have to define a really strong one
• Mark whether you would want Binance to send information and news direct to your email. Accept the "Terms of Service" and press "Create Account"

The Binance platform will immediately send an activation password (remember: this is NOT the password you’ve created) that you’ll enter it in the corresponding box, then click on "Send"

And that’s all! You are now signed up with Binance.

You can now navigate the Binance platform and get to know all the options it offers.

You’ll realize how simple is to start operating with Waves (WAVES).

To get access to those options, the first thing you must do is fulfill the identity verification.

It is very important to note that until you fulfill this security step, you’ll not be able to start operating with Waves (WAVES).

But no need to worry, see the next section to know how to do it.

Verify your Binance account to get started on trading

The following are the steps to verify your Binance subscription and get authorized to start operating:

From the user profile menu, pick "Security"

Or just look for the "Verify" button on the upper part of the navigator window

In the list displayed on the left-hand side of the screen, press on the "Identification" option.

Country of residence should be picked here.

Next, the three verification levels:

• The current one.
• The Verified.
• The Verified Plus.

To begin, press "Start now" located below the "Verified" level.

At this point, you must provide certain personal data:

• Nationality.
• First Name and Last name.
• Second name and birth date.
• Exact address of your residence.
• Second name and date of birth.
• Second name and birth date.

The next step is to support your identity using a legal document.

You can do this by using your passport, ID card, or driver’s license.

In the next step, you will have to take a selfie, according to the application’s guidelines.

Once those steps have been fulfilled, the Binance system will execute a verification process on your account.

Now you have to wait until your request has been accepted. Be patient, Binance is going to send you an e-mail.

The following instructions will guide you through the Waves (WAVES) buying process. As soon as you’ve received the confirmation e-mail, you are a Binance licensed Waves (WAVES) trader.

Purchasing Waves (WAVES) on Binance

In this section you’ll realize how simple is to make a purchase of Waves (WAVES).

Now you’ll need to show a legal document to check your identity.

Use your ID card, passport or even your license to complete this step.

Now the platform will ask you to take a selfie under certain conditions.

Now you will have to wait for a short time while an account verification process takes place.

Now you must wait until your profile has been approved. Be patient, the platform will let you know via e-mail.

The following instructions will guide you through the Waves (WAVES) buying process. As soon as you’ve received the confirmation email, you are a Binance licensed Waves (WAVES) trader.

Purchasing Waves (WAVES) on Binance

First you need to understand how to make a purchase of Waves (WAVES).

Some steps might have alternative paths

Browse through the "Buy cryptos" menu on the Binance main page to know which alternatives can be found when buying.

Needless to say you must sign in to your account to be able to do this

Place your mouse over this option and a list of buying alternatives will be shown.

Here, the Binance platform will ask you to present a legal document for identity verification.

Use your ID card, passport or even your license to complete this step.

Now the platform will require you to take a selfie following certain instructions.

After fulfilling all those requisites, the Binance system will execute a confirmation process on your account.

Now you have to wait until your profile has been approved. Be patient, Binance is going to let you know via e-mail.

The following instructions will guide you through the Waves (WAVES) buying process. As soon as you’ve got the confirmation email, you’re a Binance authorized Waves (WAVES) trader.

Buying Waves (WAVES) on Binance

Understanding how to make a purchase of Waves (WAVES) is not that hard.

You may have more than one option throughout the process

See the "Buy cryptos" menu on the Binance main page to know which alternatives you have when making a purchase.

Needless to say you must login to your account to do this

Move your mouse over this button and a list of buying alternatives will be shown.

Using your debit or credit card to purchase Waves (WAVES)

Pick the credit card-related option from the "Buy Cryptos" drop-down menu.

These guidelines will help you in the process:

Currency preferred and how much to invest must be defined in the next box.

In the next field you must select the Waves (WAVES) you wish to get

The quantity of Waves (WAVES) you are going to receive will depend upon the amount of USD you’ve recently indicated. The Binance system will immediately display it.

After that, just observe these instructions:

Currency preferred and amount of the investment should be indicated in the next box.

The the Waves (WAVES) you intend to get should be indicated in the second field

When you do so, the platform will immediately show you the quantity of Waves (WAVES) you’ll get, considering the amount of USD you’ve previously invested.

Click "Continue".

Now you must specify the method of payment you’ll use. To pay with your credit card, choose in the "Visa/Mastercard" box the button "Add card".

Then the system will ask you to indicate your credit card details.

Now specify the physical address details of the CC. Then select "Add card".

When you see your new card has been included, press "Continue".

Next, all the important details of the operation will be displayed: the amount to be charged on your credit card and the corresponding currency, and obviously, the cryptos you are going to get.

It will also state the commission you will have to pay for the purchase.

Within the next 60 seconds press "Confirm", there after the order will be automatically canceled.

The next step must be done on the credit card banking platform. Proceed just as you do when making a standard on-line credit card payment.

After the banking procedure has been completed, you are already in possession of the recently bought Waves (WAVES) in your Binance e-wallet (called the «Spot Wallet»)

See how easy is how to buy Waves (WAVES) with Binance P2P

Next, you’ll see an overview of the operation about to be completed. It includes the sum you will pay, the selected currency and the amount of Waves (WAVES) bought.

In fact, Binance will claim a certain percentage as a commission for making the operation, and that will appear in that overview also.

Now you have to accept the order clicking on the "Confirm" button within the following 60 seconds, or it will be automatically aborted.

The system will now reroute you to the bank issuing the credit card. Then you will complete a standard online payment using your credit card.

You can take a look at your Binance e-wallet (called the «Spot Wallet») as soon as the banking process is complete and you’ll see your recently bought Waves (WAVES) already credited

See how easy is how to purchase Waves (WAVES) through Binance P2P

1. Go to the "Security" section of your account.
2. From the menu on the left-hand side choose "Payment".
3. Click on "Add a Payment Method" and the Binance system will guide you through the rest of the procedure.

When the new payment method has been added to your account, look for the "Buy Crypto" menu on the top part of the display, click the "Trading P2P" button and follow the guidelines described below:

1. Press the "Buy" option on the top bar of the "P2P Account" tab
2. Here you can pick the Waves (WAVES) you’re interested in, among all those available for purchase through P2P trading. We present «USDT» for this guide.Purchasing one of these Waves (WAVES) through P2P trading will allow the user to exchange it on Binance for any of the foreign currencies available.
3. Select the local currency you want to use from the drop-down menu under the "Fiat" column, for instance, «VES».
4. Use the "Amount" box to enter the amount in VES you’re going to spend to buy Waves (WAVES).
5. You will see a list of traders’ offers as soon as you’ve selected the payment method.
6. From the list list shown, you may choose any of the traders. However, it is recommendable to select one with the «Verified» mark and better if a high percentage of completed sales is displayed.
7. Next click on "Buy USDT"
8. Type the amount in VES you would want to pay
9. Press "Buy USDT" once again
10. Now an order has been created and the trader and you will be in touch. Complete the payment, press "Transferred, Next", then press "Confirm". Be aware that there’s a time limit for you to pay.

How to transfer your Waves (WAVES) to the Spot Wallet

When you have made a payment to the seller, they will be able to release the Waves (WAVES), by confirming invoice of the payment.

You may verify your wallet Binance balance to confirm reception.

Note that you will have to move them to your Spot Wallet in order for you to purchase any other crypto.

To do this, you only need to press "Transfer to Spot Wallet" immediately after the buying order is completed.

In case you didn’t follow this step, don’t worry, you can do it at any other time.

Ways to transfer your Waves (WAVES) to the Spot Wallet

Once you have completed a payment to the trader, they may release the Waves (WAVES), by confirming payment reception.

This way, they will automatically be deposited into your wallet.

Take into account that your Waves (WAVES) must be in your Spot Wallet in case you want to get others, so you will need to send them there before.

To do this, you only need to click on "Transfer to Spot Wallet" once the purchase order has been completed.

This Waves (WAVES) internal transfer can be carried out whenever you need.

1. Click on "Wallet Funds" from the "Wallet" drop-down menu.
2. The "Transfer" button is located at the top right. Click on it.
3. A pop-up window will open, where you should set the options to:
• From: «Funds»
• To: «Fiat and Spot»
4. Choose the currency corresponding to your funds in the platform, in this example we’ll use «USDT»
5. Input the cryptos you are sending for the Exchange and click "Confirm".

That’s all! Now you will have money in the Spot Wallet and you will be able to trade any of the huge selection of Waves (WAVES) within the Binance platform.

To purchase Waves (WAVES) from Binance all you have to do is described below:

1. In the upper panel, loate the "Trading" menu.
2. From the list select the "Convert" alternative.
3. Type the sum of «USDT» you want to invest.
4. Select the crypto you wish to get.
5. Choose "Preview conversion".
6. Validate the operation and that’s it. You now will have the amount of the selected cryptocurrency in your Spot Wallet.

Perfect! Now you have funds available to buy any of the several Waves (WAVES) in the Binance platform.

To purchase Waves (WAVES) from the Binance platform what you just have to do is the following:

1. Select the "Trading" option in the top upper panel.
2. Press "Convert" from the list.
3. Type the sum of «USDT» you wish to spend.
4. Choose the crypto you intend to get.
5. Choose "Preview conversion".
6. Validate the operation and that’s all. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.

Depending on the information above, you are now ready to start trading on Binance.

Cryptos have come to stay, and Binance is a safe and comfortable platform to do business. Start right now!