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Binance is one of the world’s most innovative trading platforms.
So, if you wish to get started operating on it, the first thing you have to do is to figure out how to purchase Elastic BNB (XBN).
Prior to getting into the exciting realm of crypto within the Binance platform, you will have to know the following.
Registering on the Binance platform is the initial step you need to accomplish.
Registering the Binance platform is simple: check the following guidelines.
Search for the "Register" button in the Binance main page and click on it to begin the registration process.
Here you have the direct access to Binance.
Look for the "Register with a phone or email" button in the main page and click on it.
You can also do this using your iOS mobile.
Here we’ll will show you the registration process using an email address.
Binance will immediately send a one-time-only activation keycode (remember: this is NOT the password you’ve created) that you’ll enter it in the corresponding box, then press "Send"
You’re now a Binance subscriber!.
Take a time to get acquainted to the different options of the Binance platform by navigating through them.
That’s the best way to realize how friendly the Binance platform is, and how quick you can begin operating with Elastic BNB (XBN).
The ID verification is a mandatory step you must fulfill to gain access to all these options.
Important: No Elastic BNB (XBN) trading will be allowed if you omit this safety measure.
No big deal, though. Read the following paragraphs to complete that step.
To become a certified user you have to complete the steps described below:
On the main page, hover the mouse on the user profile button and a list will immediately drop down where you will need to click on "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Look for the option "Identification" on the left part of the screen.
Here you should pick your country of residence.
Here you’ll will find three verification levels:
Press the "Start now" button under the "Verified" label, since this is the beginning level.
A new window will be displayed, and there you’ll have to give your personal info: Nationality, first name and surname, second name and date of birth. Also, make sure you give the exact address of your residence
The next step is to support your identity using a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
In the next stage, you will be asked to take a selfie, following the application’s guidance.
Once those steps have been fulfilled, the Binance platform will perform a verification process on your account.
Now you must wait until your profile has been accepted. Be patient, the system will send you an email.
After that, it’s time to get Elastic BNB (XBN), to do so see the instructions below.
In this section you’ll learn how simple is to convert money into Elastic BNB (XBN).
The next step is to support your identity with a legal document.
Use your ID card, passport or even your driver’s license to complete this step.
Now, you will be asked to take a selfie, according to the application’s guidelines.
After completing all those requisites, the Binance platform will carry out a confirmation process on your account.
So, wait patiently, Binance is going to let you know via e-mail when your profile has been accepted.
Congrats! Once you’ve got the confirmation you’re officially licensed to trade Elastic BNB (XBN). See the guidelines that follow.
The first thing is to learn how to invest your money in Elastic BNB (XBN).
Be aware that you could have more than one option for this process
To know which alternatives are available to you when making a purchase, look for the "Buy cryptos" menu on the Binance main page.
Needless to say you must sign in to your account to do this
Place your mouse on this option and a list of buying alternatives will deploy.
Now you’ll need to present a legal document to sustain your identity.
ID card, passport or even a license will be enough to fulfill this formality.
Now, you will have to take a selfie, according to the application’s guidelines.
The last step is on Binance’s side: a corroboration process that will just take a while.
Now you have to wait until your request has been approved. Be patient, Binance will send you an e-mail.
Upon receiving that e-mail it’s time to acquire Elastic BNB (XBN), to do so follow the instructions below.
Understanding how to make a purchase of Elastic BNB (XBN) is not so difficult.
You will probably have more than one option throughout the process
Use the "Buy cryptos" menu on the Binance homepage to know which options you have when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Place your mouse on this option and a list of buying alternatives will deploy.
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
Read on for further directions:
Currency to be used and amount of the investment must be specified in the next box.
The the Elastic BNB (XBN) you wish to buy should be chosen from the second field
According the amount of USD you have just invested, the system will automatically show you the number of Elastic BNB (XBN) you’ll receive.
After that, just observe the following guidelines:
In the next box, pick the currency you wish to buy with and enter the amount you are going to invest.
Next, select the Elastic BNB (XBN) you’re going to buy
The quantity of Elastic BNB (XBN) you will receive will depend upon the amount of USD you’ve previously defined. The Binance system will automatically display it.
Now select "Continue".
To add your credit card as a payment method, go to the "Visa/Mastercard" field and click on the "Add card" option.
Then the platform will ask you to indicate your CC details.
In this step you must enter the physical address details for the credit card. Following this, select "Add card".
Now that your card has been successfully added, press "Continue".
The next screen will display a quick view of the transaction about to be completed. It includes the sum your card will be charged, the selected currency and the quantity of Elastic BNB (XBN) you will receive.
Indeed, Binance will claim a small amount as a commission for supporting the transaction, and that will be shown in that snapshot also.
At this point you have 1 minute to press "Confirm", otherwise the order will automatically expire.
The next step must be done on the credit card bank platform. Proceed just as you usually do when making a normal online credit card payment.
Your recently purchased Elastic BNB (XBN) will be deposited to your Binance e-wallet (called the «Spot Wallet») after the banking process has been finished
The next screen will display a summary of the operation in its final stage. That includes the amount you are paying, the selected currency and the amount of Elastic BNB (XBN) you will receive.
Another important detail in this snapshot is the amount you’ll be charged as a commision for making the operation.
Within the next 60 seconds press "Confirm", and then the order will expire automatically.
The system will now redirect you to the credit card issuing bank. Proceed just as you usually do when making a payment using your card on the bank website.
When the banking procedure has been finished, you’ll have your recently bought Elastic BNB (XBN) in your Binance digital wallet (referred to as the «Spot Wallet»)
After the new payment method has been added to your account, look for the "Buy Crypto" menu in the top bar of the navigator, click the "Trading P2P" option and follow the instructions described below:
When you have made a payment to the trader, they may release the Elastic BNB (XBN), by confirming payment reception.
You may check your wallet account balance to confirm reception.
But in case you would want to buy another Elastic BNB (XBN), you must send them to your Spot Wallet.
That’s quite simple: just click on "Transfer to Spot Wallet" immediately after the buying order has been completed.
This Elastic BNB (XBN) internal movement can be performed whenever you need.
When you have completed a payment to the trader, they are going to release the Elastic BNB (XBN), just by confirming invoice of the payment.
You may verify your wallet Binance balance to confirm reception.
Take into account that your Elastic BNB (XBN) must be in your Spot Wallet in order for you to purchase others, so you will have to move them there before.
To accomplish this, all you have to do is press "Transfer to Spot Wallet" once the purchase order has been completed.
If you forget to do this right after buying the cryptos, no problem at all: you’ll be able to do it later.
With these money already in your Spot Wallet, don’t fear to buy any cryptocurrency you consider could yield the highest profit.
Find out how simple is to purchase any crypto from Binance:
That’s all! Now you will have funds in the Spot Wallet and you will be able to buy any of the several of Elastic BNB (XBN) that the Binance platform has.
To buy Elastic BNB (XBN) from the Binance platform all you have to do is described below:
You’ve already learned how easy is to begin trading Elastic BNB (XBN) on Binance.
So, no need to think twice, make a worthwhile business in this cryptocurrency platform.
In case you are planning to make money through cryptocurrencies, you should discover how to utilize Kucoin platform. This form ofexchange is bringing strong benefits to all its subscribers, and it is making more and more evolution in all its tradings.
If you want to learn quickly how to buy a Elastic BNB (XBN) in Kucoin, you must read this post.
When you’ve created your account into the Kucoin platform and complied the security requirements, you have to deposit your cash. This technique is quite simple, and there are several alternatives to accomplish that.
One of them should be to navigate to the «Assets» or «Balance» section at the top right in the display and look for the «Deposit» button. And then, pick the Elastic BNB (XBN) you wish to transfer into your account to purchase new cryptos, for example, USDT.
Next, you will have to find the network you will utilize to get the transaction done. All of us suggest Tron (TRC20) for it requires the lowest commissions.
Below you’ll see the address you need to insert in the «Exchange» where you currently have the USDT you’d like to transfer to Kucoin. Once you do this, you will receive the funds in the main account in a matter of seconds.
If this seems not to be not working in the country you’re living, you may try transferring the money to your account via P2P trading. This kind of transaction signifies that you make a bank transfer to one of the registered traders to get any of the certified cryptos.
Now that you obtained the money in your account, it’s time to start using the Kucoin platform.
Before buying a Elastic BNB (XBN) on Kucoin you have to move the money you have just purchased to the trading accounts. To accomplish this you must go to the "Balance" menu, click the main account, enter your cryptocurrencies and after that choose «Transfer». This last button can be located on the same line than the currency you are about to use for the purchase.
If that does not work in the country you’re living, you could try transferring funds to your account through P2P trading. This type of transaction signifies that you actually make a traditional bank transfer to one of the registered traders to get any of the genuine cryptos.
Now that you received the money in your account, it’s the perfect time to learn how to use the Kucoin platform.
Purchasing a Elastic BNB (XBN) on Kucoin you must transfer the money you have just purchased to the trading account. To do this you have to navigate to the «Balance» menu, click on the main account, enter your cryptocurrencies then choose "Transfer". This last option can be situated on the same line as the currency you’ll use to complete the purchase.
Following this, you will be redirected to a menu to choose where you are going to send the funds. You must transfer from the «Main Account» to the «Trading Account», and indicate the currency and the amount you want to send to trade. Then select "Confirm".
Once you got the cash in your account, you can purchase your crypto and start trading.
Next you will learn how to purchase Elastic BNB (XBN) in diverse ways. To start, you have to go to the «Trade» menu and choose "Spot trading" (Spot Market). Then write the acronym Elastic BNB (XBN) in the search box at the top corner of the webpage.
The system will reveal the crypto pairs you are allowed to operate with.
In other words, you will only be allowed to purchase Elastic BNB (XBN) only with the crypto pairs displayed there.
With this case, you’re allowed do it with «USDT», «USDC», «KCS», and «BTC».
We choose ADA/USDT because we have funds in this set. When we do it, it instantly loads the crypto graph and the order book containing the buy and sell procedures.
In order to be able to accomplish the transaction, you need to type the corresponding password.
At the bottom on the right-hand side, it displays the user the financial markets to trade crypto, enabling immediately the «Spot». There we now have 3 ways to buy Elastic BNB (XBN). The options are as follows:
You can also configure the order activation but process it at the optimum market price. You are going to do this by selecting "Stop Market", and entering in «Stop Price» the sum you wish the Elastic BNB (XBN) to reach to activate the order and the amount of USDT to invest. By hitting Buy Elastic BNB (XBN), your order will be executed at the market rate when it is the just like the stop price you’ve just put.
With any of these alternatives, you already have the Elastic BNB (XBN) tokens you’ve just purchased in your trading account. From this moment you can trade with this or you can get other cryptos. Remember that with Elastic BNB (XBN) you’ll only be capable to get the cryptos available in their pairs. Probably you will need to sell the Elastic BNB (XBN) for a crypto that is usually available in the Elastic BNB (XBN) pairs, such as BTC, USDT, and BNB, and after that you can purchase the particular one that you actually want.
Now you can start buying a Elastic BNB (XBN) via the Kucoin site.
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