Purchasing XDC Network (XDC) 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 want to get started operating on it is to discover ways to buy XDC Network (XDC).
Keep on reading this article and you’ll find all what you need to know about buying crypto on Binance.
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Discover ways to register on Binance
To be able to buy XDC Network (XDC) on Binance, the initial step you have to know is how to subscribe.
To do so, you should follow each of the steps below.
On the Binance homepage you have to locate the "Register" button and press it.
Press here to go straight to the Binance platform.
In the Binance main page you’ll find a button with the label "Register with a phone or email". Press it.
iOS mobile phones or tablets can be used as well.
In this article, we’ll will describe how to do this with an email.
- From the drop-down list of countries, choose the one you’re living in.
- Now, enter your email address and a security password. Be well aware that you will invest your money, you ought to give relevance to the password you select
- Indicate whether you want to receive news and information directly from Binance in your inbox. Accept the "Terms of Service" and click on "Create Account"
See the inbox at the e-mail address you used for signing up and look for the activation code exclusive of your Binance account. Type it in the corresponding box and click on "Send"
And that’s it! You are now signed up with Binance.
It is a nice idea to have a walk through the different options of the Binance platform and become familiar with them.
This way you canit is possible to begin trading XDC Network (XDC) very easily.
The identity verification is a mandatory step you need to fulfill to get access to all these options.
Notice: No XDC Network (XDC) operation will be permitted if you skip this security measure.
No big deal, though. Read the next instructions to complete that step.
Verify your Binance account to get started on trading
Read the next instructions and become an authorized Binance trader:
Choose "Security" from the drop-down list under the user profile button
Another alternative is to move to the upper part of the screen and click on the "Verify" button
Click "Identification" on the left options list.
Pick the Country of Residence.
Next, the 3 verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be shown on your navigator window.
Click on the "Start now" button under the "Verified" label, since this is the beginning level.
In this step, some personal data wil be required:
- Nationality.
- First Name and Last name.
- Second name and birth date.
- Residence address (exact).
- Middle name and birth date.
- Middle name and birth date.
Now you’ll have to to provide a legal document to corroborate your identity.
Use your passport, ID card or even your license to complete this step.
In the next stage, you will have to take a selfie, according to the application’s instructions.
Once you have completed the platform’s requirements, you will have to wait a moment while your account is confirmed.
So, be patient, Binance will send you an email once your request has been approved.
Congrats! Now you’re officially licensed to buy XDC Network (XDC). The following guidelines will be helpful.
Purchasing XDC Network (XDC) on Binance
OK, account validated was all you needed to begin purchasing XDC Network (XDC) right now.
In this segment you’ll see how simple is to make a purchase of XDC Network (XDC).
Here, the Binance platform will ask you to provide a legal document for identity corroboration.
passport, ID card or even a driver’s license will be enough to fulfill this condition.
In the next step, you will be asked to take a selfie, according to the platform’s instructions.
Once those requisites have been fulfilled, the Binance platform will do a confirmation process on your account.
Now be patient, Binance is going to send you an e-mail once your application has been approved.
The following instructions will guide you through the XDC Network (XDC) buying process. As soon as you’ve got the confirmation e-mail, you’re a Binance authorized XDC Network (XDC) trader.
Learn to buy XDC Network (XDC) on Binance
Since you have registered on the platform and have your account approved, you’re able to begin trading.
In this segment you’ll realize how easy is to make a purchase of XDC Network (XDC).
Some processes would probably have optional paths
To find out which options you have when making a purchase, browse through the "Buy cryptos" menu on the Binance main page.
Needless to say you must sign in to your account to do this
Find all the different purchase options just by hovering your mouse over this button.
Next, you’ll have to to provide a legal document to corroborate your identity.
ID card, passport or even a license are all valid documents to complete this requirement.
Follow the system requirements to take a selfie.
Now you’ll have to wait for a short time while an account verification process is performed.
Now you must wait until your profile has been approved. Be patient, Binance is going to send you an e-mail.
Upon receiving that e-mail it’s time to purchase XDC Network (XDC), just see the guidelines below.
Buying XDC Network (XDC) on Binance
So, account verified was all you needed to begin buying XDC Network (XDC) immediately.
Take a time to understand how to invest your money in XDC Network (XDC).
You will probably have different options throughout the process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Certainly, you’ll only be able to do this after you’ve logged in
Hovering your mouse pointer over this option will show a list of alternatives for making the purchase.
Did you know you could use your debit or credit card to purchase cryptocurrencies?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
Next, just follow these guidelines:
In the next box, select the currency you wish to buy with and indicate how much you want to invest.
Next, choose the XDC Network (XDC) you’re going to buy
Considering the amount of USD you’ve just specified, the platform will automatically display the number of XDC Network (XDC) you are going to receive.
The following instructions will help you in the process:
In the next box, pick the currency you’d like to buy with and enter the amount you want to invest.
Next, choose the XDC Network (XDC) you’re going to buy
According the amount of USD you’ve just defined, the system will immediately display the number of XDC Network (XDC) you’ll get.
Next click "Continue".
To add your credit card as a payment method, select in the "Visa/Mastercard" field the button "Add card".
Type your CC details and click "Next".
The following field is where you’ll enter the address associated to the card. Write it exactly as it is, then press "Add card".
With this step, your card will be added to the valid methods of payment in your account. Press "Continue".
The next screen will display a quick view of the transaction in its final stage. That includes the sum your card will be charged, the chosen currency and the quantity of XDC Network (XDC) you will receive.
Obviously, Binance will claim a small amount as a commission for making the transaction, and that will be shown in that summary also.
Within the next 60 seconds press "Confirm", from then on the order will expire automatically.
The next step has to be carried out on the credit card bank webpage. Proceed just as you do when making a payment with your credit card on the bank website.
Your recently bought XDC Network (XDC) will be available in your Binance e-wallet (called the «Spot Wallet») once the banking procedure has been completed
Learn how to buy XDC Network (XDC) through Binance P2P
You may get XDC Network (XDC) not only via a direct purchase, but trading them «Person To Person»
with another Binance user too. Payment method is the first parameter you should indicate.
Next, all the relevant details of the transaction will be presented: the amount to be charged on your credit card and the corresponding currency, and of course, the cryptos you will get.
It will also indicate the commission will be charged for the transaction.
You have 1 minute to press "Confirm", otherwise the order will be automatically shut down.
Next, you’ll be sent towards the site of the credit card issuing bank. Follow the guidelines in the same way you would pay with your credit card.
Your recently purchased XDC Network (XDC) will be available in your Binance digital wallet (referred to as the «Spot Wallet») when the banking process is complete
Learn how to purchase XDC Network (XDC) with Binance P2P
This means «Person To Person», i.e.: trading XDC Network (XDC)
with another Binance user. Method of payment is the first setting you will indicate.
- Login to the "Security" panel of your account.
- Look for the "Payment" option in the menu you’ll see on the left-hand side of the screen and click on it.
- Select "Add a Payment Method" and the Binance platform will guide you through the rest of the process.
Now that the new payment method has been added to your profile, go to the upper bar of the navigator and hover on "Buy Crypto" to drop-down the menu and click on "Trading P2P". Then see the following guidelines:
- Click the "Buy" button located on the top bar of the "P2P Account" menu
- All the XDC Network (XDC) available for buying via P2P operations will be shown in this list, so you will be able to select the one you’re interested in. In this guide, we present «USDT».Note that any XDC Network (XDC) bought in P2P trading could be exchanged by any of the foreign currencies approved by Binance.
- Look for the "Fiat" column on the upper menu and reveal the drop-down list to see all available currencies. Let’s use «VES» in this example.
- You need to input the sum in VES you’d like to use in the "Amount" box.
- Define the method of payment and wait for the system to show you all of the traders’ ads.
- Locate a seller from the displayed list. We recommend that you choose one that is verified and has a high completed sales rate.
- Now press "Buy USDT"
- Enter the amount in VES you wish to invest
- Click on "Buy USDT" again
- Now an order has been opened and the trader and you will contact. Complete the payment, click on "Transferred, Next", then press "Confirm". Be aware that there’s a time limit for you to pay.
Learn how to transfer your XDC Network (XDC) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as payment reception acknowledge has been done.
So, they will quickly be deposited into your wallet.
Take into account that your XDC Network (XDC) must be in your Spot Wallet in case you would want to buy others, so you must move them there before.
To do this, you only need to press "Transfer to Spot Wallet" once the buying order is completed.
If you forget to do this right after the purchase, there’s nothing to worry about: you’ll be able to do it at any moment.
How you can transfer your XDC Network (XDC) to the Spot Wallet
After you have completed a payment to the seller, they may release the XDC Network (XDC), by confirming receipt of the payment.
So, they will automatically be deposited into your wallet.
Take into account that your XDC Network (XDC) must be in your Spot Wallet in order for you to buy others, so you must move them there before.
That’s easy: just click on "Transfer to Spot Wallet" once the buying order is completed.
This XDC Network (XDC) internal transfer can be carried out whenever you need.
- Drop the "Wallet" list down and select the "Wallet Funds" button.
- See the "Transfer" button at the top right and click on it.
- Set the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- For The purpose of this article, we use «USDT» as an example, but you’ll obviously choose the currency you have
- Input the amount you are moving to the spot walet and click "Confirm".
All right! Now you have funds available to trade any of the numerous XDC Network (XDC) in the Binance platform.
To buy XDC Network (XDC) from Binance all you have to do is described below:
- Find the "Trading" option in the top top section.
- Choose "Convert" from the list.
- Type the amount of «USDT» you want to invest.
- Now indicate the crypto you’re interested in.
- Click on "Preview conversion".
- Validate the operation and that’s all. You now will have the amount of the chosen crypto in your Spot Wallet.
Perfect! Now you have money available to trade any of the numerous XDC Network (XDC) in the Binance platform.
Find out how simple is to buy any crypto from the Binance platform:
- Find the "Trading" option in the upper panel.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to invest.
- Now select the cryptocurrency you’re interested in.
- Select "Preview conversion".
- Validate the transaction and that’s all. Now you will have the funds of the selected cryptocurrency in your Spot Wallet.
You’ve already learned how simple is to start doing business with XDC Network (XDC) on Binance.
So, no time to waste, make a worthwhile business within the Binance platform.