Buying XMINE (XMN) on Binance
Binance is one of the top-notch trading platforms in the world.
But if you wish to start operating on it, the first thing you should do is to understand how to buy XMINE (XMN).
Continue reading this post and you will discover all what you need to know about buying crypto on Binance.
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Learn how to register on Binance
Opening a Binance account is the initial step you need to complete.
To do so, you must follow each of the instructions below.
Go to the Binance homepage and press on the "Register" key.
Press here to go straight to the Binance platform.
At this moment click on the "Register with a phone or email" button.
The Binance platform is totally compatible with Apple devices as well.
In this article we’ll will describe the registration process using an email address.
- First, pick the country from the drop-down list according to your place of residence.
- Now the extremely important step: password. Choose an alphanumeric word rare enough not to be easily guessed. Don’t use your birth date, middle name or things like that. Bear in mind that it’s your money what will be protected by that word
- If you want to be updated periodically via e-mail about Binance news, mark in the corresponding option. Then you must accept the "Terms of Service" and that’s almost all. Your account has been created Next step is the e-mail verification
See the inbox at the email address you indicate at signing up and look for the activation code exclusive of your account. Write it in the corresponding box and press "Send"
That’s it! You are now signed up with Binance.
Now you may access the Binance platform and get to know all the options it offers.
That’s the best way to understand how practical the Binance platform is, and how quick you can start operating with XMINE (XMN).
The identity checking is a required step you have to complete to have access to all these options.
Please, take into account that it will be only after you have completed this security measure that you’ll obtain permission to start trading XMINE (XMN).
In the next instructions, you’ll learn how to do it. Zero problems.
Verify your account to start trading
To become a certified end user you have to complete the next steps:
From the user profile menu, click on "Security"
Another option is to go to the upper part of the navigator window and press the "Verify" button
Pick "Identification" on the left menu.
Now you should choose your country of residence.
Next you’ll will immediately find three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
Click on the "Start now" button under the "Verified" label, since this will be your beginning level.
A pop-up window will be shown, and there you’re going to give your personal information: Nationality, first name and surname, middle name and birth date. Besides, make sure you type the exact address of your residence
Here, the Binance platform will require you to present a legal document for identity corroboration.
You can do this with your ID card, passport, or driver’s license.
Follow the system instructions to take a selfie.
The last step will be carried out by the Binance system: a corroboration process that will take only a short time.
So, wait patiently, Binance is going to let you know via e-mail when your application has been approved.
The following instructions will guide you through the XMINE (XMN) buying process. As soon as you’ve received the confirmation email, you’ve become a Binance authorized XMINE (XMN) trader.
Buying XMINE (XMN) on Binance
Since you have registered on the Binance platform and have your account approved, you can start trading.
Understanding how to make a purchase of XMINE (XMN) is not that hard.
Here, the Binance platform will ask you to show a legal document for identity verification.
passport, ID card or even a license are all valid documents to fulfill this requirement.
Follow the system requirements to take a selfie.
Now you’ll have to wait for a short time while an account confirmation process takes place.
When your profile has been accepted, you’ll be informed via email, just be patient.
Upon receiving that e-mail it’s time to buy XMINE (XMN), just see the guidelines below.
Purchasing XMINE (XMN) on Binance
Beginning your XMINE (XMN) trading experience has never been so simple, right?.
The first thing is to discover how to invest your money in XMINE (XMN).
You will probably have more than one option throughout the process
To know which alternatives are available to you when buying, browse through the "Buy cryptos" menu on the Binance main page.
Needless to say you must be logged into your account to be able to do this
See all the different buying options just by placing your mouse over this button.
Next, you’ll have to to present a legal document to corroborate your identity.
ID card, passport or even a license are all valid documents to fulfill this condition.
In the next stage, you will have to take a selfie, according to the application’s requirements.
Now you will have to wait for a short period while an account confirmation process takes place.
As soon as your application has been accepted, Binance will send you an email, just be patient.
The following instructions will guide you through the XMINE (XMN) trading process. As soon as you’ve received the confirmation email, you are a Binance licensed XMINE (XMN) trader.
Learn to buy XMINE (XMN) on Binance
So, account confirmed was all you needed to begin purchasing XMINE (XMN) immediately.
Take a time to know how to buy a XMINE (XMN).
Take into account that you may have more than one option for this process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Needless to say you must log into your account to do this
Unveil all the different purchase options just by hovering your mouse over this button.
Did you know you can use your credit or debit card for buying XMN?
Select the credit card-related option from the drop-down menu labeled "Buy Cryptos".
After that, just stick to these directions:
Currency preferred and amount of the investment should be indicated in the next box.
The the XMINE (XMN) you would like to buy should be indicated in the second field
The number of XMINE (XMN) you will get will depend upon the amount of USD you have previously defined. The Binance platform will automatically show it to you.
After that, just observe the following instructions:
Now you should pick the currency you want to use and enter how much you want to invest.
The the XMINE (XMN) you’d like to buy must be indicated in the second field
When you do so, the platform will immediately show you the quantity of XMINE (XMN) you’ll receive, considering the amount of USD you have recently defined.
Next click "Continue".
In case you’re going to pay with your credit card, select in the "Visa/Mastercard" field the option "Add card".
Card numbers must be completed in this step, then press "Next".
In this step you must state the physical address details of the credit card. After this, select "Add card".
With this, your credit card will be added to the valid methods of payment in your user profile. Click "Continue".
The platform will now show you the details of the purchase order you are generating. The sum you are paying in the currency you have picked, and the XMINE (XMN) you will be given.
It will also indicate the commission will be charged for the purchase.
At this point you have 60 seconds to press "Confirm", otherwise the order will be automatically aborted.
The Binance system will now send you to the credit card issuing bank. Then you will complete a normal online payment using your credit card.
Your recently bought XMINE (XMN) will be credited to your Binance e-wallet (called the «Spot Wallet») after the banking procedure has been done
See how easy is how to purchase XMINE (XMN) through Binance P2P
A different way to purchase a cryptocurrency is to exchange it
with another user. Payment method is the first parameter you will specify.
Next, you’ll see a summary of the transaction in its final stage. That includes the amount you are paying, the selected currency and the quantity of XMINE (XMN) bought.
Certainly, Binance will charge you a small amount as a commission for making the operation, and that will be shown in that summary as well.
Now you must validate the order pressing the "Confirm" button within the following 60 seconds, or it will be automatically terminated.
The platform will now send you to the bank issuing the credit card. Follow the guidelines in the same way you would normally pay with your credit card.
As soon as the banking process is complete, you are already in possession of the recently bought XMINE (XMN) in your Binance digital wallet (called the «Spot Wallet»)
Know how to buy XMINE (XMN) with Binance P2P
This means «Person To Person», i.e.: exchanging XMINE (XMN)
with another Binance subscriber. To achieve this, the first step is to state which payment method you wish to work with.
- Choose "Security" in your profile.
- Click on "Payment" from the menu on the left.
- After Selecting "Add a Payment Method" the system will guide you through the rest of the procedure.
After the new method of payment has been configured in your profile, look for the "Buy Crypto" menu in the upper bar of the navigator, press on the "Trading P2P" option and follow the steps described below:
- On the upper bar of the "P2P Account" tab, pick "Buy"
- All the XMINE (XMN) available for purchase via P2P operations will be shown in this menu, so you will be able to pick the one you’re interested in. In this guide, we will use «USDT».It is important to note that when you purchase any crypto via P2P trading, you will be able to exchange it for any of the foreign currencies that operate on the Binance platform.
- Select the currency you want to use from the drop-down menu under the "Fiat" column, for instance, «VES».
- Now you must indicate the sum in VES you’re going to invest in the "Amount" box.
- Once you have defined the method of payment, the system will show you a list of traders’ offers.
- Any of the traders displayed in the list can be chosen, but it is advisable to select a verified one (see the blue diamond marking), and better, a high-volume seller (golden star marking).
- Press "Buy USDT"
- In this step, the amount you would like to invest in VES must be entered
- Press "Buy USDT" once again
- That will open a purchase order where you will be in touch with the trader. Complete the payment within the established time and press "Transferred, Next" and then press "Confirm".
How to transfer your XMINE (XMN) to the Spot Wallet
After you have completed a payment to the trader, they are going to release the XMINE (XMN), just by confirming payment reception.
So, they will quickly be added to your account balance.
However, in order for you to buy another XMINE (XMN), you will need to transfer them to your Spot Wallet.
That’s easy: just press "Transfer to Spot Wallet" once the purchase order has been completed.
In the event you didn’t do this, don’t fear, you can move the cryptos later.
How to transfer your XMINE (XMN) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception validation has been done.
This way, they will quickly be deposited into your wallet.
But in case you want to get another XMINE (XMN), you must transfer them to your Spot Wallet.
You can do this immediately once the purchase order has been completed just by clicking "Transfer to Spot Wallet".
If you didn’t do this, don’t be concerned, you can do it later.
- Hover the mouse on "Wallet" and select "Wallet Funds" from the drop-down list.
- Now click on the "Transfer" button on the upper right area of the screen.
- Set the «From» and «To» options on the pop-up window to:
- From: "Funds"
- To: "Fiat and Spot"
- For this post, we will use «USDT» as an example, but you’ll obviously select the currency you have
- Set the amount you are about to move to the spot walet and press "Confirm".
With these funds already in your Spot Wallet, nothing keeps you from trading any cryptocurrency you think will yield the highest profit.
Buy any crypto from Binance just following the steps detailed below:
- Look for the "Trading" menu in the top top section.
- From the listing choose the "Convert" alternative.
- Input the amount of «USDT» you would like to spend.
- Select the crypto you wish to purchase.
- Press "Preview conversion".
- Validate the transaction and that’s all. You will have the funds of the selected cryptocurrency in your Spot Wallet.
That’s all! This way you will have money in the Spot Wallet and you will be able to trade any of the several of XMINE (XMN) that the Binance platform has.
Purchase any crypto from Binance just following the steps detailed next:
- In the upper panel, select the "Trading" option.
- Press "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Choose the crypto you intend to buy.
- Click on "Preview conversion".
- Confirm the transaction and that’s it. Now you will have the funds of the chosen crypto in your Spot Wallet.
You’ve already learned how simple is to start trading XMINE (XMN) on Binance.
So, no need to think twice, make a fruitful business within the Binance platform.