Buying Xtremcoin (XTR) on the Binance platform
There is no doubt one of the leading trading platforms in the world today is Binance.
So, if you’d like to start out operating on it, the first thing you must do is to figure out how to get Xtremcoin (XTR).
This article is intended to teach the reader about how to trade with Xtremcoin (XTR) on the Binance Xtremcoin (XTR) exchange.
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Discover ways to register on Binance
There is only way to get started in trading within Binance: opening an account in it.
Registering onto the Binance platform is very easy: see the following guidelines.
Visit the Binance homepage and click on the "Register" button.
Here you have the direct access to Binance.
Look for the "Register with a phone or email" button in the homepage and click on it.
The Binance platform is totally compatible with iOS mobile devices as well.
In this article, we’ll will show you how to do this with an email.
- First, select the country from the drop-down list according to your place of residence.
- The next step is choosing a safety password. This is quite important since it’s all about your money, so you must to invent a really robust one
- Here you must accept "Terms of Service" and, if you wish to get information, news and updates from Binance in your e-mail address, click in the corresponding box
By now, you surely have received an e-mail sent to the address you’ve just used for creating your Binance account. In its text you’ll see an activation password you’ll have to will enter in that page. Then press "Send"
You’re now a Binance subscriber!.
Now you may navigate the Binance platform and get to know all the options it offers.
You’ll realize how simple is to begin trading Xtremcoin (XTR).
The ID verification is a required step you must complete to gain access to all these options.
Please, be well aware that it will be only after you have completed this protection measure that you’ll be allowed to begin trading Xtremcoin (XTR).
In the next section, you’ll be guided on how to do that. Hassle-free.
Learn to verify your account and begin trading
Read the next guidelines and become a certified user:
Pick "Security" from the drop-down list under the user profile section
Another option is to go to the top of the screen and press the "Verify" button
In the list displayed on the left-hand area of the screen, click on the "Identification" option.
Pick your Country of Residence.
Now, the three verification levels:
- The one you already have.
- The Verified.
- The Verified Plus.
will be displayed on screen.
To begin, you must select "Verified", pressing the "Start now" button under that label.
Then it shows a pop-up window where you must provide the following data:
- Nationality.
- First and Last Name.
- Middle name and date of birth.
- Exact address of your residence.
Next, you’ll have to to provide a legal document to corroborate your identity.
passport, ID card or even a license will be enough to complete this condition.
Now, you will be asked to take a selfie, following the platform’s requirements.
The last step will be carried out by the Binance system: a verification process that will just take a while.
Now you must wait until your profile has been accepted. Be patient, Binance is going to send you an email.
Upon receiving that email it’s time to purchase Xtremcoin (XTR), just see the instructions below.
Purchasing Xtremcoin (XTR) on Binance
Since you are registered on the Binance platform and got your account verified, you can begin trading.
In this segment you’ll learn how easy is to make a purchase of Xtremcoin (XTR).
The next step is to verify your identity with a legal document.
You can do this by using your passport, ID card, or license.
Now, you will have to take a selfie, according to the application’s guidance.
Once those steps have been fulfilled, the Binance system will perform a confirmation process on your account.
So, wait patiently, Binance will send you an email once your application has been approved.
The following instructions will guide you through the Xtremcoin (XTR) trading process. As soon as you’ve received the confirmation e-mail, you are a Binance licensed Xtremcoin (XTR) trader.
Learn to purchase Xtremcoin (XTR) on Binance
OK, account approved means you can begin buying Xtremcoin (XTR) right now.
Learning how to invest your money in Xtremcoin (XTR) is not so difficult.
You may find different alternatives throughout the process
The "Buy cryptos" menu on the Binance main page should be your reference when making a purchase.
You have to, of course, do that once you are logged into your account
Move your mouse on this button and a list of buying alternatives will deploy.
Next, you’ll have to to present a legal document to check your identity.
Use your passport, ID card or even your driver’s license to complete this step.
Follow the system requirements to take a selfie.
Now you will have to wait for a short period while an account verification process takes place.
When your application has been approved, you’ll be notified via e-mail, just be patient.
Congrats! Now you’re officially enabled to operate with Xtremcoin (XTR). The following guidelines will be helpful.
How to purchase Xtremcoin (XTR) on Binance
Beginning your Xtremcoin (XTR) trading experience has never been so easy, right?.
First you need to understand how to buy a Xtremcoin (XTR).
Take into account that you have different alternatives for this process
The "Buy cryptos" menu on the Binance homepage will be your reference when making a purchase.
Needless to say you must be logged into your account to do this
See all the different purchase options just by hovering your mouse over this button.
Learn how to use your debit or credit card for buying cryptocurrencies
Pick the credit card-related option from the "Buy Cryptos" drop-down list.
The following instructions will help you in the process:
Currency to be used and how much to invest must be indicated here.
Next, select the Xtremcoin (XTR) you are going to purchase
The quantity of Xtremcoin (XTR) you will be given will depend upon the amount of USD you have recently specified. The Binance system will automatically display it.
After that, just carry out the following directions:
Now you must pick the currency you want to use and indicate the amount you are going to invest.
Next, select the Xtremcoin (XTR) you are going to get
The quantity of Xtremcoin (XTR) you’ll receive will depend upon the amount of USD you have just invested. The Binance system will immediately display it.
Now select "Continue".
To add your CC as a payment method, select in the "Visa/Mastercard" box the option "Add card".
Then the platform will prompt you to enter your credit card data.
Your credit card’s address must be stated next. Try not to err a single character, since you must enter it exactly as it is, otherwise your card could not be admitted. Then choose "Add card".
Press "Continue" once you check your card has been successfully included in your account as a new payment method.
The platform will now display the summary of the buying order you are generating. The amount your card will be charged in the currency you have chosen, and the Xtremcoin (XTR) you will get.
It will also let you know the commission you will have to pay for the operation.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
After this, you’ll be sent towards the banking platform the credit card has been issued by. Proceed just as you usually do when making a normal on-line credit card payment.
Once the banking process is complete, you are already in possession of the purchased Xtremcoin (XTR) in your Binance e-wallet (referred to as the «Spot Wallet»)
Know how to purchase Xtremcoin (XTR) with Binance P2P
A different way to buy a cryptocurrency is to trade it
with another subscriber. To do this, the first step is to add which payment method you want to apply.
The system will now display the synthesis of the buying order you are generating. The sum you are paying with the currency you have picked, and the Xtremcoin (XTR) you will receive.
In fact, Binance will claim a certain percentage as a commission for supporting the purchase, and that will appear in that overview also.
You have 60 seconds to press "Confirm", otherwise the order will automatically expire.
The Binance system will now redirect you to the bank issuing the credit card. Proceed just as you do when making a standard online credit card payment.
As soon as the banking process has been completed, you are already in possession of the recently purchased Xtremcoin (XTR) in your Binance digital wallet (called the «Spot Wallet»)
Purchase Xtremcoin (XTR) via Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging Xtremcoin (XTR)
with another Binance user. Method of payment is the first parameter you will define.
- Go to "Security" in your account.
- From the menu on the left-hand side choose "Payment".
- Choose "Add a Payment Method" and the platform will guide you through the rest of the procedure.
Now that the new payment method has been configured in your profile, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the menu and select "Trading P2P". Then see the following directions:
- Look for the "Buy" option on the top bar of the "P2P Account" tab and press it
- This bar shows all the Xtremcoin (XTR) available for buying via P2P trading. Choose the one you want, for this exercise we will use «USDT» as an example.It is important to note that once you buy one of these cryptocurrencies via P2P trading, you’ll be able to exchange it for any of the foreign currencies valid in the Binance platform.
- It is time to select the currency you want to make the payment with, for instance, «VES». To do this, drop down the list under the "Fiat" column.
- In the "Amount" box, enter the amount in VES you wish to buy with.
- Select the method of payment and wait for the system to show you the register of the traders that are currently offering Xtremcoin (XTR).
- From the list displayed list, you may choose any of the traders. However, it is recommendable to choose one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Next click on "Buy USDT"
- Now the amount you would want to pay in VES must be typed
- Press "Buy USDT" again
- A buying order has been created and the seller and you will be able to contact each other for details, in case you need it. You have a time limit to pay, otherwise the order will be canceled by the system (and that’s bad for your rating as a buyer). Once you paid, click on "Transferred, Next" and then press "Confirm".
How you can transfer your Xtremcoin (XTR) to the Spot Wallet
After you have made a payment to the seller, they are going to release the Xtremcoin (XTR), by confirming invoice of the payment.
The place where Xtremcoin (XTR) are transferred to is your Binance wallet.
Take into account that your Xtremcoin (XTR) must be in your Spot Wallet in case you would want to get others, so you need to move them there before.
To do this, all you have to do is click on "Transfer to Spot Wallet" once the purchase order has been completed.
If you forget to do this right after the purchase, there’s nothing to worry about: you’ll be able to do it later.
The right way to transfer your Xtremcoin (XTR) to the Spot Wallet
When you have made a payment to the trader, they are going to release the Xtremcoin (XTR), by confirming invoice of the payment.
The place where Xtremcoin (XTR) are deposited is your account wallet.
However, in order for you to get any other Xtremcoin (XTR), you must transfer them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" right after the buying order is completed.
This Xtremcoin (XTR) internal movement can be done anytime later.
- Drop the "Wallet" list down and click on the "Wallet Funds" option.
- The "Transfer" option is located at the top right. Press it.
- In the pop-up window, swap the «From» and «To» options to the following configuration:
- From: Funds
- To: Fiat and Spot
- Choose the currency in which you have funds, in the example right here we use «USDT»
- Enter the cryptos you are transferring for the Exchange and press "Confirm".
All right! Now you have money available to trade any of the numerous Xtremcoin (XTR) in the Binance platform.
To buy Xtremcoin (XTR) from Binance all you have to do is described below:
- Select the "Trading" option in the upper panel.
- Pick "Convert" from the list.
- Enter the sum of «USDT» you would like to invest.
- Select the cryptocurrency you intend to get.
- Press "Preview conversion".
- Validate the transaction and that’s it. You now will have the amount of the selected cryptocurrency in your Spot Wallet.
Perfect! Now you have funds available to buy any of the huge selection of Xtremcoin (XTR) in the Binance platform.
To buy Xtremcoin (XTR) from the Binance platform all you have to do is described below:
- Pick the "Trading" menu in the upper section.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Select the crypto you wish to buy.
- Press "Preview conversion".
- Validate the transaction and that’s it. You now will have the funds of the chosen crypto in your Spot Wallet.
You’ve already seen how easy is to start trading Xtremcoin (XTR) on Binance.
Cryptos have come to stay, and Binance is a secure and practical platform to do business. Begin today!