Purchasing WorldCoin (WDC) on Binance
There is no doubt one of the top trading platforms in the world nowadays is Binance.
Therefore, the first thing you must to do if you need to start operating on it is to figure out how to buy WorldCoin (WDC).
So, on this page we will bring you all the information you should have to trade with WorldCoin (WDC) on the Binance cryptocurrency exchange.
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How to register on Binance
To be capable of buying WorldCoin (WDC) on Binance, the first thing you must know is how to open your account.
Hassle-free registration: just follow the instructions below.
Search for the "Register" option in the Binance homepage and click on it to begin the registration process.
Press here to go straight to the Binance platform.
Locate the "Register with a phone or email" button in the main page and press it.
This can also be done with any Apple smartphone.
In this guide, we’ll will explain how to do this using an e-mail address.
- From the drop-down list of countries, pick the one you reside.
- Following, write your email address and a keycode. Bear in mind that you will trade money, so you must give relevance to the password you choose
- Now you must accept "Terms of Service" and, if you would want to receive information, news and updates from Binance in your e-mail address, click in the corresponding box
Check the inbox of the email address you indicate at subscription and look for the activation code exclusive of your Binance account. Write it in the corresponding line and press "Send"
And that’s all! You are now subscribed to Binance.
Take a time to get acquainted to the different areas of the Binance platform by browsing them.
That’s the best way to realize how practical the Binance platform is, and how fast you can start trading WorldCoin (WDC).
To gain access to those options, the first thing you need to do is fulfill the identity verification.
It is very important to notice that unless you complete this protection measure, youwon’t obtain permission to begin trading WorldCoin (WDC).
In the following section, you’ll see how to do that. Zero problems.
How to verify your account and start trading
These are the guidelines to verify your Binance subscription and get authorized to start operating:
On the main screen, place the mouse pointer on the user profile option and a list will immediately appear where you will click on "Security"
You can also click the "Verify" button on the upper part of the screen
Locate the option "Identification" on the left part of the screen.
Select your Country of Residence.
It displays you three verification levels: the current one, the Verified, and the Verified Plus.
To begin, you must select "Verified", clicking on the "Start now" button below that label.
At this point, the user is required to provide certain personal data:
- Nationality.
- First Name and Surname.
- Middle name and birth date.
- Residence address (exact).
- Second name and birth date.
- Second name and date of birth.
Next, you’ll have to to provide a legal document to sustain your identity.
ID card, passport or even a driver’s license are all valid documents to complete this condition.
Follow the system requirements 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 profile has been accepted. Be patient, the system will let you know via email.
The following instructions will guide you through the WorldCoin (WDC) trading process. As soon as you’ve received the confirmation e-mail, you’ve become a Binance authorized WorldCoin (WDC) trader.
Buying WorldCoin (WDC) on Binance
OK, account verified was all you needed to begin purchasing WorldCoin (WDC) immediately.
In this segment you’ll learn how simple is to convert cash into WorldCoin (WDC).
Now you’ll need to provide a legal document to verify your identity.
You can do this by using your ID card, passport, or license.
Now, you will have to take a selfie, according to the platform’s guidelines.
Now you will have to wait for a short time while an account confirmation process takes place.
Now you must wait until your application has been approved. Be patient, the system will let you know via e-mail.
The following instructions will guide you through the WorldCoin (WDC) purchasing process. As soon as you’ve got the confirmation e-mail, you’ve become a Binance licensed WorldCoin (WDC) trader.
How to buy WorldCoin (WDC) on Binance
Beginning your WorldCoin (WDC) trading adventure has never been so easy, right?.
First you need to learn how to convert money into WorldCoin (WDC).
Some steps might have optional paths
The "Buy cryptos" menu on the Binance main page should be your reference when making a purchase.
Needless to say you must login to your account to be able to do this
Find all the different purchase options just by hovering your mouse over this button.
It is time to corroborate your identity using a legal document.
You can do this by using your passport, ID card, or driver’s license.
Now, you will have to take a selfie, following the platform’s guidance.
After fulfilling all those steps, the Binance platform will execute a verification process on your account.
All you need to do is be patient, Binance will let you know via e-mail once your profile has been approved.
The following instructions will guide you through the WorldCoin (WDC) trading process. As soon as you’ve received the confirmation email, you have become a Binance licensed WorldCoin (WDC) trader.
How to buy WorldCoin (WDC) on Binance
So, account validated means you can begin purchasing WorldCoin (WDC) immediately.
First you need to understand how to make a purchase of WorldCoin (WDC).
Some steps might have alternative paths
See the "Buy cryptos" menu on the Binance main page to know which options are available to you when buying.
Needless to say you must be logged into your account to be able to do this
Hovering your mouse pointer over this button will display a list of alternatives to make your purchase.
Learn how to use your credit or debit card for buying cryptos
Go to the "Buy Cryptos" and choose the credit card-related option from the menu.
Keep on reading for detailed guidelines:
Currency to be used and how much to invest must be indicated here.
Next, select the WorldCoin (WDC) you are going to get
Taking into account the amount of USD you’ve recently indicated, the system will automatically display the quantity of WorldCoin (WDC) you’ll receive.
Read on for detailed guidelines:
Currency to be used and how much to invest should be stated in the next box.
The the WorldCoin (WDC) you would like to get must be chosen from the second field
The number of WorldCoin (WDC) you’ll receive will depend upon the amount of USD you have previously specified. The Binance platform will immediately display it.
Press "Continue".
To include your credit card as a payment method, choose in the "Visa/Mastercard" field the button "Add card".
Credit card numbers must be indicated in this step, then click "Next".
In this step you must state the address the card is associated to. Write it exactly as it is, then press "Add card".
With this, your card will be added to the valid methods of payment in your user profile. Click "Continue".
Next, you’ll be presented a quick view of the transaction about to be completed. It includes the amount you are paying, the chosen currency and the quantity of WorldCoin (WDC) bought.
Another important detail in this quick view is the percentage you’ll be charged as a commision for making the purchase.
In less than 1 minute press "Confirm", there after the order will expire automatically.
The system will now reroute you to the bank issuing the credit card. Then you would make a normal on-line payment with your credit card.
Your recently purchased WorldCoin (WDC) will be available in your Binance digital wallet (called the «Spot Wallet») as soon as the banking procedure has been done
Learn how to buy WorldCoin (WDC) through Binance P2P
That is a transaction made «Person To Person», i.e.: trading WorldCoin (WDC)
with another Binance user. To get this done, the first step is to indicate the payment method you want to work with.
The platform will now show you the synthesis of the buying order you are about to complete. The amount you are paying with the currency you’ve chosen, and the WorldCoin (WDC) you will receive.
It will also indicate the commission will be charged for the operation.
You have 1 minute to press "Confirm", otherwise the order will be automatically aborted.
After this, you will be sent towards the site of the credit card issuing bank. Proceed exactly as you do when making a normal online credit card payment.
Once the banking procedure has been done, you are already in possession of the recently bought WorldCoin (WDC) in your Binance digital wallet (referred to as the «Spot Wallet»)
Purchase WorldCoin (WDC) with Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging WorldCoin (WDC)
with another Binance user. Payment method is the first parameter you must add.
- Click on "Security" in your profile.
- Press "Payment" from the menu on the left.
- Select "Add a Payment Method" and the Binance platform will guide you through the rest of the procedure.
Once you have included the new payment method to your profile, go to the "Buy Crypto" menu (upper bar of the navigator), find the "Trading P2P" option, and follow the guidelines below:
- Press the "Buy" option found on the top bar of the "P2P Account" menu
- All the WorldCoin (WDC) available for buying via P2P operations will be displayed in this list, so you will be able to select the one you’re interested in. As for this example, we use «USDT».Purchasing any crypto via P2P trading allows the user to exchange it on the Binance platform for any of the currencies available.
- Choose the local currency you want to make the payment with from the drop-down menu under the "Fiat" label, for instance, «VES».
- Now you must input the amount in VES you’re going to spend in the "Amount" box.
- You will see a register of traders’ ads as soon as you’ve selected the method of payment.
- Any of the sellers shown in the list can be selected, although it is advisable to choose a verified one (see the blue diamond mark), and even better, a high-volume seller (gold star mark).
- Next press "Buy USDT"
- Now the amount you want to pay in VES must be typed
- Again, press "Buy USDT"
- Now an order has been opened and the trader and you will be in touch. Pay, click on "Transferred, Next" and then press "Confirm". Notice that there’s a time limit for you to pay.
Learn how to transfer your WorldCoin (WDC) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception acknowledge has been done.
You may see your wallet account balance to confirm reception.
Note that you will need to transfer them to your Spot Wallet in case you would want to purchase any other crypto.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This WorldCoin (WDC) internal transfer can be carried out whenever you need.
Tips on how to transfer your WorldCoin (WDC) to the Spot Wallet
Once you have completed a payment to the seller, they will release the WorldCoin (WDC), just by confirming payment reception.
The place where WorldCoin (WDC) are deposited is your account wallet.
Take into account that your WorldCoin (WDC) must be in your Spot Wallet in order for you to get others, so you need to transfer them there before.
That’s easy: just click on "Transfer to Spot Wallet" once the buying order has been completed.
In the event you didn’t do this, don’t fear, you can move the cryptos at any other moment.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down list.
- Locate the "Transfer" option at the top right and press it.
- A new window will pop-up, where you must set the options to:
- From: Funds
- To: Fiat and Spot
- Choose the currency in which you have money, in the example in this article we use «USDT»
- Input the cryptos you are about to send to the spot walet and click "Confirm".
With these funds already in your Spot Wallet, don’t fear to trade any cryptocurrency you consider might be profitable.
Purchase any crypto from the Binance platform just following the instructions detailed next:
- In the upper panel, find the "Trading" menu.
- In the listing select the "Convert" alternative.
- Type the sum of «USDT» you would like to spend.
- Choose the cryptocurrency you would like to get.
- Select "Preview conversion".
- Confirm the operation and that’s it. Now you will have the funds of the selected crypto in your Spot Wallet.
That’s all! Now you will have funds in the Spot Wallet so you will be able to buy any of the huge selection of WorldCoin (WDC) that the Binance platform has.
To buy WorldCoin (WDC) from the Binance platform what you just have to do is the following:
- Find the "Trading" menu in the top panel.
- Choose "Convert" from the list.
- Type the amount of «USDT» you wish to invest.
- Select the cryptocurrency you intend to purchase.
- Select "Preview conversion".
- Validate the transaction and that’s all. You will have the funds of the selected crypto in your Spot Wallet.
This text have surely pictured you a detailed overview of what Binance is and how you can do business with WorldCoin (WDC) on it.
So, no time to waste, make a fruitful business in the Binance platform.