Buying XRPDOWN (XRPDOWN) on the Binance platform
Binance is one of the world’s top trading platforms.
However, if you need to start trading on it, the first thing you must do is to discover ways to buy XRPDOWN (XRPDOWN).
For this reason, in this post we’ll provide you with all what you need to know to trade with XRPDOWN (XRPDOWN) on the Binance cryptocurrency exchange.
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Discover ways to register on Binance
Opening a Binance account is the initial step you need to accomplish.
Simply follow each one of the instructions below.
Search for the "Register" button in the Binance main page and press on it to start the registration process.
You may log in directly by clicking here.
At this moment click on the "Register with a phone or email" button.
The Binance platform is totally compatible with iOS mobile devices as well.
For the purpose of this guide, the email address registration process will be shown.
- First, select the country from the drop down list according to your place of residence.
- Now the extremely important step: password. Create an alphanumeric word difficult enough not to be easily guessed. Never use your birth date, middle name or things like that. Be well aware that it’s your money what will be protected by that password
- Choose if you want Binance to send information and news direct to your email. Accept the "Terms of Service" and press "Create Account"
Check the inbox of the e-mail address you utilized for enrollment and search the activation code for your Binance account. Type it in the corresponding line and click on "Send"
You’re now a Binance subscriber!.
You can now navigate the Binance platform and observe all the options it offers.
You’ll discover how easy is to start operating with XRPDOWN (XRPDOWN).
Fulfill the mandatory identity verification to enable all these options.
Please, take into account that it will be only after you have fulfilled this security measure that you’ll obtain permission to begin trading XRPDOWN (XRPDOWN).
In the following paragraphs, you’ll be guided on how to do that. Zero problems.
Verify your Binance account to get started on trading
To become a certified Binance trader you have to complete the steps below:
Click on "Security" from the drop-down list under the user profile section
Another option is to go to the upper part of the screen and click on the "Verify" button
In the list displayed on the left-hand part of the navigator window, click on the "Identification" option.
Choose your Country of Residence.
You’ll will immediately find three levels of verification:
- The one you already have.
- The Verified.
- The Verified Plus.
To begin, press "Start now" just by the "Verified" level.
In this step, some personal information is required:
- Nationality.
- First Name and Surname.
- Second name and date of birth.
- Exact address of your residence.
- Second name and date of birth.
- Second name and date of birth.
Here, the Binance platform will ask you to use a legal document for identity corroboration.
You can do this by using your passport, ID card, or driver’s license.
Follow the system guidelines to take a selfie.
The last step will be carried out by the Binance platform: a verification process that will just take a while.
All you have to do is be patient, Binance will let you know via email as soon as your request has been approved.
Congrats! As soon as you’ve received the confirmation you’re officially authorized to trade XRPDOWN (XRPDOWN). See the guidelines that follow.
Buying XRPDOWN (XRPDOWN) on Binance
OK, account confirmed means you can begin purchasing XRPDOWN (XRPDOWN) right now.
In this section you’ll discover how simple is to buy a XRPDOWN (XRPDOWN).
The next step is to sustain your identity with a legal document.
ID card, passport or even a license are all valid documents to fulfill this formality.
Follow the system guidelines to take a selfie.
Now you will 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, the platform is going to let you know via email.
Congrats! Now you’re officially enabled to trade XRPDOWN (XRPDOWN). See the guidelines that follow.
Buying XRPDOWN (XRPDOWN) on Binance
Starting your XRPDOWN (XRPDOWN) trading career has never been so easy, right?.
The first thing is to learn how to make a purchase of XRPDOWN (XRPDOWN).
Some steps might have optional paths
Look for the "Buy cryptos" menu on the Binance main page to know which options you have when making a purchase.
You have to, of course, do that once you are logged into your account
See all the different buying options just by hovering your mouse over this button.
Next, you’ll need to provide a legal document to check your identity.
You can do this by using your passport, ID card, or driver’s license.
Now the system will require you to take a selfie under certain conditions.
Once you have completed the system’s guidelines, you will have to wait a moment for the confirmation to be performed on your account.
So, wait patiently, Binance is going to send you an email when your profile has been approved.
Upon receiving that e-mail it’s time to buy XRPDOWN (XRPDOWN), to do so follow the instructions below.
Buying XRPDOWN (XRPDOWN) on Binance
Starting your XRPDOWN (XRPDOWN) trading experience has never been so easy, right?.
In this section you’ll realize how simple is to buy a XRPDOWN (XRPDOWN).
Take into account that you have different options for this process
The "Buy cryptos" menu on the Binance homepage should be your reference at buying time.
Certainly, you’ll only be able to do this after you’ve logged in
Unveil all the different buying options just by hovering your mouse over this button.
Buying XRPDOWN (XRPDOWN) with a credit/debit card
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
The following directions will help you in the process:
Currency preferred and how much to invest must be indicated here.
In the second field you should choose the XRPDOWN (XRPDOWN) you wish to get
Considering the amount of USD you’ve recently indicated, the platform will automatically show you the number of XRPDOWN (XRPDOWN) you are going to be given.
Next, just stick to the following directions:
Currency to be used and how much to invest should be specified in the next box.
In the second field you must select the XRPDOWN (XRPDOWN) you intend to purchase
The number of XRPDOWN (XRPDOWN) you’ll get will depend upon the amount of USD you’ve recently invested. The Binance system will immediately display it.
Click "Continue".
To include your Visa/MC credit card as a payment method, go to the "Visa/Mastercard" field and click on the "Add card" button.
Card numbers must be typed in this step, then press "Next".
The following field is where you’ll write the address associated to the credit card. Type it exactly as it is, then select "Add card".
Click "Continue" once you see your card has been successfully included in your account as a new payment method.
The platform will now show you the synthesis of the purchase order you are about to complete. The amount you will pay in the currency you’ve picked, and the XRPDOWN (XRPDOWN) you will be credited.
Another detail of relevance in this snapshot is the sum Binance will charge you as a commision for making the purchase.
At this point you have 60 seconds to click on "Confirm", otherwise the order will be automatically aborted.
Next, you will be redirected towards the bank platform the credit card belongs to. Then you will make a normal online payment with your credit card.
After the banking process is complete, you are already in possession of the recently bought XRPDOWN (XRPDOWN) in your Binance digital wallet (referred to as the «Spot Wallet»)
Purchase XRPDOWN (XRPDOWN) through Binance P2P
That means «Person To Person», i.e.: trading XRPDOWN (XRPDOWN)
with another Binance trader. Payment method is the first setting you will indicate.
Next, you’ll be presented a quick view of the operation about to be completed. That includes the amount your card will be charged, the selected currency and the amount of XRPDOWN (XRPDOWN) purchased.
In fact, Binance will take a small amount as a commission for making the operation, and it will appear in that quick view as well.
At this point you have 60 seconds to press "Confirm", otherwise the order will be automatically canceled.
Next, you’ll be redirected to the site of the credit card issuing bank. Proceed exactly as you usually do when making a payment with your credit card on the bank website.
Your recently bought XRPDOWN (XRPDOWN) will be deposited to your Binance e-wallet (called the «Spot Wallet») once the banking procedure is complete
Buy XRPDOWN (XRPDOWN) through Binance P2P
That means «Person To Person», i.e.: exchanging XRPDOWN (XRPDOWN)
with another Binance user. Payment method is the first setting you should state.
- Click on "Security" in your profile.
- In the list on the left-hand side choose "Payment".
- Choose "Add a Payment Method" and the system will guide you through the rest of the process.
Once the new payment method has been included 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 guidelines described below:
- Press the "Buy" option found on the top bar of the "P2P Account" tab
- In this bar you’ll see all the XRPDOWN (XRPDOWN) available for buying through P2P trading. Select the one you would like to buy, here we present «USDT» as an example.Any XRPDOWN (XRPDOWN) bought in P2P trading is allowed to be exchanged by any of the currencies approved by Binance.
- Now you should select the local currency you want to pay with, for instance, «VES». To do this, see the drop-down list under the "Fiat" label.
- Now you must input the amount in VES you’re going to spend in the "Amount" box.
- You will be able to see a list of traders offering cryptos as soon as you indicate the method of payment.
- Select a seller from the displayed list. We recommend that you pick a verified one with a high percentage of sales completed.
- Next press "Buy USDT"
- Now the amount you wish to invest in VES must be entered
- Select "Buy USDT" once again
- A purchase order has been generated and the trader and you will be able to contact each other for details, in case you need it. You have a time limit to pay, if you fail doing so the order will be shut down by the system (and that’s bad for your rating as a buyer). Once you have paid, press "Transferred, Next", then press "Confirm".
Ways to transfer your XRPDOWN (XRPDOWN) to the Spot Wallet
The seller, upon receiving your money, will immediately release the XRPDOWN (XRPDOWN).
So, they will automatically be added to your account balance.
Take into account that your XRPDOWN (XRPDOWN) must be in your Spot Wallet in order for you to get others, so you will have to move them there before.
To accomplish this, all you have to do is click on "Transfer to Spot Wallet" once the purchase order is completed.
Should you forget to do this right after buying the cryptos, there’s nothing to worry about: you’ll always be able to do it later.
Ways to transfer your XRPDOWN (XRPDOWN) to the Spot Wallet
Cryptos will be released by the trader as soon as money reception validation has been done.
This way, they will automatically be deposited into your wallet.
Take into account that your XRPDOWN (XRPDOWN) must be in your Spot Wallet in order for you to get others, so you must transfer them there before.
That’s easy: just press "Transfer to Spot Wallet" immediately after the purchase order is completed.
If you didn’t follow this step, don’t be anxious, you can move the cryptos at any other time.
- Press "Wallet Funds" from the "Wallet" drop-down menu.
- The "Transfer" option is located at the top right. Click on it.
- Change the «From» and «To» options on the pop-up window to:
- From: Funds
- To: Fiat and Spot
- For this post, we use «USDT» as an example, but you’ll obviously indicate the currency you have
- Type the cryptos you are sending for the Exchange and press "Confirm".
Perfect! Now you have funds available to buy any of the huge selection of XRPDOWN (XRPDOWN) in the Binance platform.
To purchase XRPDOWN (XRPDOWN) from Binance what you just have to do is described below:
- In the upper panel, find the "Trading" menu.
- From the list select the "Convert" option.
- Fill in the box the sum of «USDT» you want to invest.
- Now indicate the cryptocurrency you’re about to buy.
- Select "Preview conversion".
- Validate the transaction and that’s it. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
All right! Now you have funds available to buy any of the numerous XRPDOWN (XRPDOWN) in the Binance platform.
Purchase any crypto from Binance just following the steps described below:
- Locate the "Trading" menu in the top top section.
- Press "Convert" from the list.
- Input the amount of «USDT» you want to spend.
- Now mark the cryptocurrency you’re about to purchase.
- Choose "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the chosen crypto in your Spot Wallet.
This article have surely pictured you a detailed vision of what Binance is and how you can trade XRPDOWN (XRPDOWN) on it.
Don’t wait any longer and start earning some extra money.