Learn how to purchase DFI.Money (YFII) on Binance
Binance is among the world’s top-notch trading platforms.
Therefore, the first thing you must to do if you’d like to start operating on it is to understand how to purchase DFI.Money (YFII).
Stay on this post and you’ll find all the information you should have for purchasing crypto on Binance.
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Learn how to register on Binance
The only way to begin trading on the Binance platform is subscribing to it.
No complicated registration: just follow the guidelines below.
On the Binance main page you have to locate the "Register" option and click on it.
You can access directly by clicking here.
In the Binance homepage you’ll find a button labeled "Register with a phone or email". Click on it.
Apple devices can be used as well.
In this post, we’ll will explain how to do this using an e-mail address.
- First, choose the country from the drop down list according to the one you reside.
- The next step is choosing a secure password. This is vital since it’s all about your money’s safety, so you need to create a really strong one
- Mark if you wish Binance to send information and news direct to your e-mail. Accept the "Terms of Service" and press "Create Account"
See the inbox in the e-mail address you used for signing up and search the activation code exclusive of your Binance account. Enter it in the corresponding box and click on "Send"
That’s it! You are now subscribed to Binance.
You’ll see it’s simple to navigate the Binance platform and get to know all the options it offers.
This way you canit is possible to start operating with DFI.Money (YFII) conveniently.
To get access to those options, you must complete the ID checking.
It is very important to note that until you complete this security step, you will not be able to begin trading DFI.Money (YFII).
However, you don’t need to worry, see the next paragraphs to find out how to do it.
How to verify your account and begin trading
See the next guidelines and become a certified Binance trader:
Click on "Security" from the drop-down list under the user profile button
Another option is to move to the upper part of the navigator window and press the "Verify" button
Pick "Identification" on the left list of options.
Pick the Country of Residence.
The platform displays you three levels of verification: the one you already have, the Verified, and the Verified Plus.
Press the "Start now" button under the "Verified" label, since this is the beginning level.
A pop-up window will be displayed, and there you’ll be required to enter your personal data: Nationality, first name and last name, middle name and birth date. Also, make sure you type the exact address of your residence
Now you’ll have to to use a legal document to sustain your identity.
passport, ID card or even a license will be enough to complete this requirement.
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.
As soon as your profile has been accepted, you will be informed via e-mail, just be patient.
Congrats! Now you’re officially licensed to buy DFI.Money (YFII). See the guidelines that follow.
How to buy DFI.Money (YFII) on Binance
All right, account confirmed was all you needed to begin purchasing DFI.Money (YFII) right now.
In this section you’ll realize how easy is to convert cash into DFI.Money (YFII).
Now you’ll have to to show a legal document to corroborate your identity.
You can do this with your ID card, passport, or license.
Follow the system instructions to take a selfie.
Once you have completed the system’s instructions, you will have to wait a moment for the confirmation to be performed on your account.
As soon as your request has been accepted, you’ll be notified via email, just be patient.
The following instructions will guide you through the DFI.Money (YFII) purchasing process. As soon as you’ve received the confirmation email, you are a Binance licensed DFI.Money (YFII) trader.
Learn to buy DFI.Money (YFII) on Binance
Beginning your DFI.Money (YFII) trading adventure has never been so easy, right?.
The first thing is to learn how to make a purchase of DFI.Money (YFII).
You may find more than one option throughout the process
To know which options can be found when making a purchase, see the "Buy cryptos" menu on the Binance main page.
You must, of course, make this happen after you’ve logged into your account
Uncover all the different buying options just by hovering your mouse over this button.
Here, the Binance platform will ask you to show a legal document for identity verification.
You can do this with your passport, ID card, or license.
Now the system will require you to take a selfie under certain conditions.
Now you will have to wait for a short period while an account confirmation process is performed.
All you need to do is be patient, Binance is going to send you an e-mail as soon as your profile has been accepted.
The following instructions will guide you through the DFI.Money (YFII) trading process. As soon as you’ve received the confirmation email, you are a Binance authorized DFI.Money (YFII) trader.
Purchasing DFI.Money (YFII) on Binance
Starting your DFI.Money (YFII) trading adventure has never been so easy, right?.
Learning how to convert money into DFI.Money (YFII) is not that hard.
Be aware that you could have different alternatives for this process
The "Buy cryptos" menu on the Binance homepage should be your reference when making a purchase.
Certainly, you’ll only be able to do this if you’re logged in
Placing your mouse pointer over this key will show a list of alternatives to make your purchase.
Did you know you could use your credit or debit card for buying YFII?
Go to the "Buy Cryptos" and pick the credit card-related option from the menu.
These guidelines will be helpful to continue the process:
In the next box, pick the currency you want to use and type how much you are going to invest.
In the next field you should choose the DFI.Money (YFII) you would like to purchase
Depending on the amount of USD you have previously indicated, the platform will automatically show you the number of DFI.Money (YFII) you will receive.
The following instructions will be helpful to continue the process:
In the next box, select the currency you wish to buy with and enter how much you want to invest.
Next, choose the DFI.Money (YFII) you’re going to purchase
When you do so, the platform will immediately show you the quantity of DFI.Money (YFII) you will get, considering the amount of USD you’ve recently stated.
Now select "Continue".
To include your credit card as a payment method, choose in the "Visa/Mastercard" field the option "Add card".
Enter your CC data and press "Next".
In this step you must specify the address associated to the card. Type it exactly as it is, then choose "Add card".
Now that your new card has been successfully added, click on "Continue".
The platform will now show you the synthesis of the order you are about to complete. The amount your card will be charged with the currency you’ve selected, and the DFI.Money (YFII) you will be credited.
It will also indicate the commission will be charged for the transaction.
Now you have to validate the order clicking on the "Confirm" button during the next minute, or it will be automatically shut down.
The next step has to be done on the credit card banking webpage. Then you will make a normal online payment using your credit card.
You may check your Binance e-wallet (called the «Spot Wallet») once the banking procedure has been done and you’ll see your recently purchased DFI.Money (YFII) already there
Know how to buy DFI.Money (YFII) with Binance P2P
You can buy DFI.Money (YFII) not only via a direct purchase, but exchanging them «Person To Person»
with another Binance trader too. Payment method is the first setting you should specify.
The system will now show you the synthesis of the purchase order you are generating. The amount your card will be charged with the currency you’ve chosen, and the DFI.Money (YFII) you will be given.
It will also show you the commission you need to pay for the transaction.
You have 60 seconds to click on "Confirm", otherwise the order will automatically expire.
Next, you will be sent to the banking platform the credit card belongs to. Follow the guidelines in the same way you would make a payment with your credit card.
Your recently purchased DFI.Money (YFII) will be credited to your Binance e-wallet (called the «Spot Wallet») when the banking process is complete
Buy DFI.Money (YFII) via Binance P2P
This is a transaction made «Person To Person», i.e.: exchanging DFI.Money (YFII)
with another Binance trader. To achieve this, the first step is to indicate the payment method you would want to work with.
- Choose "Security" in your profile.
- Select "Payment" from the menu on the left.
- After Clicking on "Add a Payment Method" the platform will guide you through the rest of the process.
Now that the new method of payment has been added to your profile, go to the top part of the display and hover on "Buy Crypto" to drop-down the list of options and press "Trading P2P". Then see the following steps:
- Click the "Buy" button located on the upper bar of the "P2P Account" menu
- Here you can choose the DFI.Money (YFII) you would like to buy, among all those available for buying via P2P operations. We will present «USDT» for this example.It is important to note that when you buy any crypto via P2P trading, you will be able to exchange it for any of the currencies valid in the Binance platform.
- Choose the local currency you want to make the payment with from the drop-down list under the "Fiat" label, for instance, «VES».
- In the "Amount" box, enter the amount in VES you would like to invest.
- Indicate the payment method and wait for the system to show you all of the traders that are offering DFI.Money (YFII).
- Locate a trader from the list shown. We suggest that you pick one that is verified and has a high completed sales rate.
- Now press "Buy USDT"
- Type the amount in VES you would want to pay
- Again, select "Buy USDT"
- Now a purchase order has been opened and the seller and you will be in touch. Pay, click on "Transferred, Next", then press "Confirm". Note that there’s a time limit for you to make the payment.
Tips on how to transfer your DFI.Money (YFII) to the Spot Wallet
Once you have made a payment to the seller, they may release the DFI.Money (YFII), just by confirming payment reception.
You may verify your wallet Binance balance to confirm reception.
Although, in case you want to purchase any other DFI.Money (YFII), you need to send them to your Spot Wallet.
To accomplish this, you only need to press "Transfer to Spot Wallet" right after the purchase order is completed.
If you forget to follow this step right after buying the cryptos, no problem at all: you’ll always be able to do it at any moment.
Ways to transfer your DFI.Money (YFII) to the Spot Wallet
Cryptocurrencies will be released by the trader as soon as money reception validation has been done.
The place where DFI.Money (YFII) are deposited is your account wallet.
Although, in order for you to purchase another DFI.Money (YFII), you will need to move them to your Spot Wallet.
That’s quite simple: just press "Transfer to Spot Wallet" immediately after the buying 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 at any moment.
- Place the mouse pointer over "Wallet" and select "Wallet Funds" from the drop-down menu.
- Locate the "Transfer" option on the upper right area of the screen and click on it.
- A pop-up window will open, where you must change the options to:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency corresponding to the funds you have in the platform, in this example we’ll use «USDT»
- Set the amount you are transferring for the Exchange and click "Confirm".
That’s all! Now you will have funds in the Spot Wallet so you will be able to buy any of the numerous DFI.Money (YFII) that the Binance platform has.
Discover how simple is to buy any crypto from the Binance platform:
- Find the "Trading" option in the top panel.
- From that listing choose the "Convert" alternative.
- Fill in the box the sum of «USDT» you want to invest.
- Select the crypto you would like to get.
- Click on "Preview conversion".
- Validate the transaction and that’s it. Now you will have the amount of the chosen cryptocurrency in your Spot Wallet.
With these funds already in your Spot Wallet, nothing keeps you from purchasing any crypto you think could yield the highest profit.
Discover how easy is to buy any cryptocurrency from the Binance platform:
- In the top section, look for the "Trading" menu.
- Select "Convert" from the list.
- Fill in the box the sum of «USDT» you want to invest.
- Choose the crypto you wish to purchase.
- Choose "Preview conversion".
- Validate the operation and that’s it. You will have the amount of the selected crypto in your Spot Wallet.
Depending on the above mentioned information, you are now ready to start trading on the Binance platform.
Cryptos have come to stay, and Binance is a safe and comfortable place to do business. Begin today!