Buying Wrapped IoTeX (WIOTX) on Binance
There are a lot of trading platforms today on the Internet, but certainly Binance is one of the most popular and reputed.
Learning how to purchase Wrapped IoTeX (WIOTX) is crucial if you need to get started on trading on that platform.
For this reason, on this page we’ll bring you all what you need to know to purchase Wrapped IoTeX (WIOTX) on the Binance crypto platform.
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How to register on Binance
Opening a Binance account is the initial step you need to complete.
Hassle-free registration: just follow the guidelines listed below.
Search for the "Register" option in the Binance homepage and press on it to start the registration process.
You may log in directly by pressing here.
In the Binance homepage you’ll see a button named "Register with a phone or email". Press it.
iOS smartphones or tablets can be used as well.
For the purpose of this guide, the email address subscription technique will be explained.
- First, choose the country from the drop down list according to your place of residence.
- The next step is picking a safety password. This is vital since it’s all about your money, so you need to create a strong one
- If you wish to be informed periodically via e-mail about Binance news, check in the corresponding box. Next, you must accept the "Terms of Service" and that’s almost all. Your account has been created Next step is the e-mail verification
By now, you should have received an e-mail sent to the address you’ve just used for subscribing on the Binance platform. It will have a one-time-only activation code you’ll have to will enter in that page. Then press "Send"
Finally, your Binance account has been activated.
Now you may navigate the Binance platform and observe all the options it offers.
That’s the best way to realize how friendly the Binance platform is, and how quick you can start trading Wrapped IoTeX (WIOTX).
Complete the required identity checking to enable all these options.
Please, take into account that it is only after you have fulfilled this protection measure that you’ll be allowed to begin operating with Wrapped IoTeX (WIOTX).
However, you don’t need to worry, read the next paragraphs to learn how to do it.
Verify your Binance account to get started on trading
See the next guidelines and become a certified subscriber:
On the main screen, place the mouse pointer on the user profile option and a list will immediately show up where you will click on "Security"
Another alternative is to move to the top of the navigator window and click on the "Verify" button
In the list displayed on the left-hand area of the navigator window, click on the "Identification" option.
Country of residence is the first thing you must choose.
It shows you three verification levels: the one you already have, the Verified, and the Verified Plus.
Press the "Start now" button below the "Verified" label, for this will be your beginning level.
A pop-up window will be displayed, and there you’re going to provide your personal info: Nationality, first name and surname, second name and birth date. Besides, make sure you enter the exact address of your residence
Now you’ll have to to present a legal document to support your identity.
You can do this by using your passport, ID card, or driver’s license.
Follow the system guidance to take a selfie.
Now you will have to wait for a short time while an account confirmation process is performed.
So, wait patiently, Binance is going to let you know via email once your request has been approved.
Upon receiving that email it’s time to purchase Wrapped IoTeX (WIOTX), just follow the guidelines below.
Buying Wrapped IoTeX (WIOTX) on Binance
Beginning your Wrapped IoTeX (WIOTX) trading experience has never been so simple, right?.
The first step is to figure out how to buy a Wrapped IoTeX (WIOTX).
Next, you’ll have to to present a legal document to corroborate your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system instructions to take a selfie.
After completing all those requisites, the Binance system will do a verification process on your account.
As soon as your request has been approved, you’ll be informed via email, just be patient.
The following instructions will guide you through the Wrapped IoTeX (WIOTX) trading process. As soon as you’ve received the confirmation e-mail, you’re a Binance licensed Wrapped IoTeX (WIOTX) trader.
Buying Wrapped IoTeX (WIOTX) on Binance
Starting your Wrapped IoTeX (WIOTX) trading career has never been so easy, right?.
The first step is to understand how to buy a Wrapped IoTeX (WIOTX).
Some processes might have alternative paths
The "Buy cryptos" menu on the Binance main page should be your reference at buying time.
You must, of course, try this once you are signed into your account
Hover your mouse over this option and a list of buying alternatives will be shown.
It is time to sustain your identity using a legal document.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system guidelines to take a selfie.
When you have fulfilled the platform’s instructions, you will have to wait a moment for the verification to be performed on your account.
All you have to do is be patient, Binance is going to send you an email when your profile has been accepted.
After that, it’s time to buy Wrapped IoTeX (WIOTX), to do so see the guidelines below.
Learn to purchase Wrapped IoTeX (WIOTX) on Binance
So, account verified means you can begin purchasing Wrapped IoTeX (WIOTX) right now.
The first thing is to figure out how to make a purchase of Wrapped IoTeX (WIOTX).
You may have different alternatives throughout the process
Look for the "Buy cryptos" menu on the Binance homepage to find out which alternatives you have when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
See all the different buying options just by placing your mouse over this button.
Did you know you could use your debit or credit card to purchase Wrapped IoTeX?
Pick the credit card-related option from the drop-down list labeled "Buy Cryptos".
The following guidelines will help you in the process:
Now you should pick the currency you’d like to use and type how much you are going to invest.
The the Wrapped IoTeX (WIOTX) you wish to buy must be indicated in the second field
The quantity of Wrapped IoTeX (WIOTX) you will get will depend upon the amount of USD you’ve recently indicated. The Binance platform will immediately show it to you.
Read on for further instructions:
In the next box, select the currency you want to buy with and type how much you are going to invest.
In the next field you should choose the Wrapped IoTeX (WIOTX) you wish to get
The number of Wrapped IoTeX (WIOTX) you’ll receive will depend upon the amount of USD you’ve just invested. The Binance platform will immediately show it to you.
Click "Continue".
Now it’s time to indicate your method of payment. To pay with a credit card, select in the "Visa/Mastercard" field the button "Add card".
Enter your CC data and press "Next".
The credit card’s address must be indicated next. Try not to miss a single character, since you must write it exactly as it is, otherwise the card could not be approved. Then choose "Add card".
With this, your credit card will be added to the valid methods of payment in your user profile. Click "Continue".
Next, all the relevant details of the transaction will be displayed: the sum to be charged on your credit card and the corresponding currency, and of course, the cryptos you will receive.
Another detail of relevance in this summary is the percentage you’ll be charged as a commision for making the transaction.
Now you have to accept the order clicking on the "Confirm" button during the next minute, or it will be automatically aborted.
The following step must be done on the credit card banking system. Follow the steps in the same way you would pay with your credit card.
As soon as the banking procedure is complete, you will have your recently bought Wrapped IoTeX (WIOTX) in your Binance digital wallet (referred to as the «Spot Wallet»)
Learn how to purchase Wrapped IoTeX (WIOTX) with Binance P2P
A different way to purchase a cryptocurrency is to exchange it
with another person. To get this done, the first step is to indicate the payment method you wish to apply.
The system will now show you the synthesis of the order you are creating. The amount your card will be charged in the currency you have chosen, and the Wrapped IoTeX (WIOTX) you will receive.
Certainly, Binance will claim a certain percentage as a commission for supporting the transaction, and it will appear in that summary also.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The system will now reroute you to the bank issuing the credit card. Follow the steps in the same way you would normally pay with your credit card.
As soon as the banking procedure has been done, you are already in possession of the purchased Wrapped IoTeX (WIOTX) in your Binance digital wallet (called the «Spot Wallet»)
See how easy is how to purchase Wrapped IoTeX (WIOTX) via Binance P2P
Another option you have to purchase a cryptocurrency is to exchange it
with another subscriber. To accomplish this, the first step is to specify the payment method you want to use.
- Go to the "Security" panel of your account.
- Choose "Payment" on the left-hand side of the screen.
- Click the "Add a Payment Method" button and follow the platform instructions.
Now that the new payment method has been added to your profile, go to the upper part of the display and pass over "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following instructions:
- On the top bar of the "P2P Account" tab, select "Buy"
- In this bar you’ll see the list of Wrapped IoTeX (WIOTX) available for purchase through P2P operations. Select the one you would like to buy, in our case we will present «USDT» as an example.Buying any crypto through P2P trading allows the subscriber to exchange it on the Binance platform for any of the currencies available.
- Now you should select the local currency you want to pay with, for example, «VES». To do this, see the drop-down list under the "Fiat" label.
- In the "Amount" box, indicate the sum in VES you wish to invest.
- After you have indicated the payment method, the Binance platform will show you a register of traders’ ads.
- Any of the sellers displayed in the list can be chosen, but it is recommendable to select a verified one (with the blue diamond mark), and better, a high-volume seller (gold star badge).
- Select "Buy USDT"
- Enter the amount in VES you would want to invest
- Again, press "Buy USDT"
- A purchase order has been created and the seller and you will be able to contact each other for further details, in case you need it. You have a time limit to pay, if you fail doing so the order will be canceled by the platform (and that’s bad for your reputation as a buyer). Once you have paid, click on "Transferred, Next", then press "Confirm".
The right way to transfer your Wrapped IoTeX (WIOTX) to the Spot Wallet
When you have completed a payment to the seller, they will be able to release the Wrapped IoTeX (WIOTX), just by confirming invoice of the payment.
The default place where Wrapped IoTeX (WIOTX) are deposited is your account wallet.
Nonetheless, you will have to transfer them to your Spot Wallet in order for you to buy another cryptocurrency.
You can move them immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
This Wrapped IoTeX (WIOTX) internal transfer can be performed anytime later.
How you can transfer your Wrapped IoTeX (WIOTX) to the Spot Wallet
The trader, upon validating payment reception, will immediately release the Wrapped IoTeX (WIOTX).
You may see your wallet Binance balance to confirm reception.
But in order for you to get another Wrapped IoTeX (WIOTX), you need to transfer them to your Spot Wallet.
You can do this immediately once the buying order has been completed just by clicking "Transfer to Spot Wallet".
This Wrapped IoTeX (WIOTX) internal transfer can be done whenever you need.
- Place the mouse pointer on "Wallet" and select "Wallet Funds" from the drop-down list.
- Locate the "Transfer" option at the top right and click on it.
- Change the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- For this article, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Type the amount you are moving for the Exchange and click "Confirm".
That’s all! This way you will have funds in the Spot Wallet and you will be able to purchase any of the huge selection of Wrapped IoTeX (WIOTX) that the Binance platform has.
Note how simple is to buy any cryptocurrency from Binance:
- In the upper section, look for the "Trading" option.
- Click on "Convert" from the list.
- Fill in the box the amount of «USDT» you would like to spend.
- Now mark the cryptocurrency you’re about to get.
- Press "Preview conversion".
- Validate the transaction and that’s all. You now will have the amount of the selected cryptocurrency in your Spot Wallet.
Perfect! Now you have money available to purchase any of the numerous Wrapped IoTeX (WIOTX) in the Binance platform.
Find out how easy is to purchase any crypto from Binance:
- Pick the "Trading" option in the upper panel.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you want to invest.
- Now mark the crypto you’re about to get.
- Click on "Preview conversion".
- Confirm the transaction and that’s it. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
Based on the information above, you are now ready to start trading on Binance.
Don’t wait any more and start generating an extra income.