Learn how to buy Yield Parrot (LORY) on Binance
No doubt one of the top trading platforms in the world nowadays is Binance.
Therefore, the first thing you must to do if you’ would like to start trading on it is to discover how to get Yield Parrot (LORY).
Before getting into the wonderful realm of cryptocurrency on the Binance platform, you will have to know the following.
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Discover ways to register on Binance
Opening a Binance account is the initial step you have to accomplish.
To do so, you need to follow each of the instructions below.
Go to the Binance homepage and press on the "Register" option.
Access directly to Binance by clicking here.
Look for the "Register with a phone or email" button in the main page and click on it.
This can also be done with any iOS mobile.
In this post, we’ll will show you how to register with an e-mail.
- From the drop down list of countries, pick the one you’re living in.
- Now the crucial step: password. Create a string of characters difficult enough not to be easily guessed. Never use your name, birth date or things like that. Be well aware that it’s your property what will be protected by that password
- Here you must accept "Terms of Service" and, if you would want to get information, updates and news from Binance in your email address, check in the corresponding box
Binance will automatically send an activation keycode (remember: this is NOT your password) that you’ll enter it in the corresponding box, then press "Send"
You’re now a Binance subscriber!.
It is a good idea to visit the different areas of the Binance platform and become familiar with them.
That’s the best way to know how friendly the Binance platform is, and how quick you can begin operating with Yield Parrot (LORY).
The ID checking is a required step you have to fulfill to get access to all those options.
Please, take into account that it is only after you have completed this safety step that you’ll be allowed to start trading Yield Parrot (LORY).
No big deal, though. Continue reading through the following instructions to complete that step.
Verify your account to begin trading
The following are the steps to verify your Binance subscription and get authorized to start operating:
From the user profile menu, select "Security"
Or just look for the "Verify" button on the upper part of the navigator window
Press "Identification" on the left list of options.
Now you must choose your country of residence.
Now you’ll will immediately find 3 verification levels:
- The current one.
- The Verified.
- The Verified Plus.
Click on the "Start now" button under the "Verified" label, for this is the beginning level.
Then a pop-up window will display and there you must enter the following information:
- Nationality.
- First Name and Surname.
- Second name and date of birth.
- Exact address of your residence.
At this point, the Binance platform will require you to show a legal document for identity corroboration.
passport, ID card or even a driver’s license are all valid documents to complete this condition.
Follow the system requirements to take a selfie.
Once you have fulfilled the platform’s instructions, you’ll have to wait a moment for the verification to be performed on your account.
Now you have to wait until your profile has been approved. Be patient, the platform will let you know via email.
Congratulations! Now you’re officially authorized to buy Yield Parrot (LORY). See the guidelines that follow.
Purchasing Yield Parrot (LORY) on Binance
Starting your Yield Parrot (LORY) trading experience has never been so simple, right?.
First you need to understand how to invest your money in Yield Parrot (LORY).
Here, the Binance platform will ask you to use a legal document for identity verification.
Use your ID card, passport or even your license to complete this step.
Now the platform will ask you to take a selfie under certain conditions.
Now you will have to wait for a short period while an account verification process is performed.
Now you have to wait until your profile has been accepted. Be patient, the platform is going to send you an email.
After that, it’s time to acquire Yield Parrot (LORY), just see the instructions below.
How to purchase Yield Parrot (LORY) on Binance
All right, account validated means you can begin buying Yield Parrot (LORY) immediately.
Understanding how to buy a Yield Parrot (LORY) is actually quite easy.
Some processes may have optional paths
Look for the "Buy cryptos" menu on the Binance homepage to find out which alternatives you have when buying.
Needless to say you must log into your account to do this
Find all the different buying options just by hovering your mouse over this button.
Here, the Binance platform will require you to present a legal document for identity checking.
ID card, passport or even a license will be enough to fulfill this condition.
Now the system will ask you to take a selfie under certain conditions.
Once those requisites have been fulfilled, the Binance system will execute a confirmation process on your account.
Now you must wait until your application has been approved. Be patient, Binance is going to send you an email.
After that, it’s time to purchase Yield Parrot (LORY), to do so follow the guidelines below.
How to buy Yield Parrot (LORY) on Binance
Starting your Yield Parrot (LORY) trading adventure has never been so easy, right?.
In this segment you’ll discover how simple is to buy a Yield Parrot (LORY).
Take into account that you 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
Hovering your mouse pointer over this option will show a list of alternatives for making your purchase.
Buying Yield Parrot (LORY) with a credit/debit card
Choose the credit card-related option from the drop-down list labeled "Buy Cryptos".
These instructions will help you in the process:
Currency to be used and amount of the investment must be indicated here.
Next, choose the Yield Parrot (LORY) you’re going to purchase
When you do so, the platform will immediately display the number of Yield Parrot (LORY) you’ll be given, considering the amount of USD you’ve just defined.
Continue reading for detailed guidelines:
Currency preferred and how much to invest must be stated in the next box.
In the next field you must pick the Yield Parrot (LORY) you would like to purchase
According the amount of USD you have just indicated, the platform will automatically display the number of Yield Parrot (LORY) you are going to receive.
Click on "Continue".
Now it’s time to indicate the method of payment you’ll use. To pay with your credit card, select in the "Visa/Mastercard" box the button "Add card".
Indicate your card data and click "Next".
Your credit card’s associated address must be stated next. Try not to miss a single character, since you must write it exactly as it is, otherwise your card might not be approved. Then choose "Add card".
Click "Continue" once you see your card has been successfully included in your account as a new payment method.
The next screen will display a summary of the transaction about to be completed. That includes the amount your card will be charged, the selected currency and the quantity of Yield Parrot (LORY) bought.
Another detail of relevance in this snapshot is the sum Binance will charge you as a commision for making the transaction.
At this point you have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The next step has to be done on the credit card bank system. Then you would complete a standard online payment using your credit card.
You can take a look at your Binance e-wallet (referred to as the «Spot Wallet») after the banking process is complete and you’ll see your recently bought Yield Parrot (LORY) already there
See how easy is how to buy Yield Parrot (LORY) through Binance P2P
Another option you may use to get a cryptocurrency is to trade it
with another trader. To get this done, the first step is to add which payment method you would want to make use of.
The system will now show you the details of the buying order you are generating. The amount your card will be charged in the currency you have selected, and the Yield Parrot (LORY) you will receive.
Certainly, Binance will claim a certain percentage as a commission for making the transaction, and it will be shown in that quick view as well.
You have 1 minute to click on "Confirm", otherwise the order will automatically expire.
The following step needs to be carried out on the credit card bank system. There you should make a normal online payment using your credit card.
When the banking procedure has been done, you’ll get your recently purchased Yield Parrot (LORY) in your Binance digital wallet (referred to as the «Spot Wallet»)
Know how to buy Yield Parrot (LORY) through Binance P2P
Another option you have to buy crypto is to trade it
with another person. Payment method is the first parameter you must indicate.
- Go to your account and click on "Security".
- Select "Payment" from the menu on the left.
- Choose "Add a Payment Method" and the platform will guide you through the rest of the process.
Now that the new payment method has been included in your account, go to the top bar of the navigator and pass over "Buy Crypto" to drop-down the list of options and click on "Trading P2P". Then see the following guidelines:
- Look for the "Buy" option on the upper bar of the "P2P Account" menu and press it
- The complete set of Yield Parrot (LORY) available for buying via P2P trading will be shown in this list, so you will be able to pick the one you want. In this guide, we will present «USDT».It is important to note that when you purchase any crypto in P2P trading, you will be able to exchange it for any of the currencies valid in the Binance platform.
- Look for the "Fiat" label on the upper tabs and deploy the drop-down menu to see all available currencies. We’ll use «VES» in this example.
- In the "Amount" box, indicate the sum in VES you wish to invest.
- Once you’ve stated the method of payment, the platform will show you a list of dealers’ offers.
- From the list list shown, you may choose any of the sellers. It is recommendable to select one with the «Verified» mark and better if a good percentage of completed sales is displayed.
- Next click on "Buy USDT"
- Write the amount in VES you wish to pay
- Click on "Buy USDT" again
- A buying 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 make the payment, if you fail doing so 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 to transfer your Yield Parrot (LORY) to the Spot Wallet
Once you have made a payment to the seller, they are going to release the Yield Parrot (LORY), by confirming payment reception.
You may check your wallet Binance balance to confirm reception.
Although, in order for you to buy any other Yield Parrot (LORY), you will have to send them to your Spot Wallet.
To do this, you only need to click on "Transfer to Spot Wallet" once the purchase order has been completed.
Should you forget to do this right after buying the cryptos, no problem at all: you’ll be able to do it later.
How you can transfer your Yield Parrot (LORY) to the Spot Wallet
When you have completed a payment to the trader, they are going to release the Yield Parrot (LORY), by confirming payment reception.
You may see your wallet Binance balance to confirm reception.
Take into account that your Yield Parrot (LORY) must be in your Spot Wallet in case you would want to purchase others, so you must transfer them there before.
To do this, all you have to do is press "Transfer to Spot Wallet" once the purchase order is completed.
In case you didn’t follow this step, don’t be concerned, you can move the cryptos later.
- Press "Wallet Funds" from the "Wallet" drop-down menu.
- Locate the "Transfer" option on the upper right area of the navigator window and press it.
- Configure the «From» and «To» options on the pop-up window to:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency according to the funds you have in the platform, in this example we’ll use «USDT»
- Input the cryptos you are sending to the spot walet and press "Confirm".
Perfect! Now you have funds available to buy any of the numerous Yield Parrot (LORY) in the Binance platform.
To buy Yield Parrot (LORY) from Binance all you have to do is the following:
- Locate the "Trading" menu in the top upper section.
- In the list select the "Convert" alternative.
- Fill in the box the sum of «USDT» you would like to invest.
- Choose the crypto you wish to purchase.
- Choose "Preview conversion".
- Confirm the operation and that’s all. You now will have the amount of the chosen crypto in your Spot Wallet.
All right! Now you have funds available to buy any of the huge selection of Yield Parrot (LORY) in the Binance platform.
Discover how easy is to purchase any crypto from the Binance platform:
- In the upper section, find the "Trading" option.
- In the listing choose the "Convert" alternative.
- Enter the sum of «USDT» you would like to invest.
- Select the cryptocurrency you wish to buy.
- Select "Preview conversion".
- Validate the operation and that’s it. You now will have the amount of the selected crypto in your Spot Wallet.
You’ve already seen how easy is to begin trading Yield Parrot (LORY) on Binance.
So, no time to waste, make a profitable business in this cryptocurrency platform.