Buying Yieldly (YLDY) on the Binance platform
Binance is one of the world’s most innovative trading platforms.
But if you wish to begin trading on it, the first thing you need to do is to discover how to buy Yieldly (YLDY).
Prior to getting into the amazing realm of crypto within the Binance platform, you will have to get acquainted with the following.
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Discover ways to register on Binance
Registering on the Binance platform is the initial step you must accomplish.
Easy subscription: just follow the detailed instructions listed below.
Search for the "Register" option in the Binance main page and press on it to start the registration process.
Go directly to Binance by clicking here.
Look for the "Register with a phone or email" button in the homepage and click on it.
The Binance platform is totally compatible with Apple devices as well.
Here we’ll will describe the registration technique using an e-mail address.
- In the window that is displayed, choose your country of residence from the drop-down list.
- Following, type your email address and a security password. Keep in mind that you are going to invest money, you ought to give importance to the password you select
- Now you must accept "Terms of Service" and, if you want to get information, updates and news from Binance in your email address, click in the corresponding box
Check the inbox at the e-mail address you utilized for sign up and search the activation code exclusive of your account. Type it in the corresponding line and click on "Send"
Finally, your Binance subscription has been activated.
Take a time to become familiar with the different options of the Binance platform by visiting them.
This way you mayit will be possible to begin operating with Yieldly (YLDY) without difficulty.
Fulfill the mandatory identity verification to enable all those options.
Important: No Yieldly (YLDY) operation will be allowed if you omit this safety step.
No big deal, though. See the next paragraphs to complete that step.
Verify your account to get started trading
To be an authorized end user you have to follow the next steps:
On the main page, hover the mouse on the user profile menu and a list will immediately drop down where you will need to click on "Security"
Or just look for the "Verify" button on the upper part of the screen
In the list displayed on the left-hand area of the screen, click on the "Identification" option.
Country of residence must be chosen here.
It will display you three verification levels: 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.
In this step, you must provide some personal data:
- Nationality.
- First and Last Name.
- Middle name and birth date.
- Exact address of your residence.
- Middle name and birth date.
- Second name and date of birth.
Now you’ll have to to present a legal document to support your identity.
passport, ID card or even a driver’s license will be enough to fulfill this condition.
Follow the system guidance to take a selfie.
The final step is on Binance’s side: a corroboration process that will just take a while.
Once your application has been approved, Binance is going to let you know via e-mail, just be patient.
After that, it’s time to acquire Yieldly (YLDY), just follow the guidelines below.
Buying Yieldly (YLDY) on Binance
So, account validated was all you needed to begin purchasing Yieldly (YLDY) immediately.
In this segment you’ll learn how simple is to buy a Yieldly (YLDY).
Next, you’ll have to to show a legal document to verify your identity.
You can do this by using your passport, ID card, or driver’s license.
Now, you will have to take a selfie, following the application’s requirements.
After completing all those requisites, the Binance platform will perform a verification process on your account.
Once your profile has been approved, Binance will let you know via email, just be patient.
After that, it’s time to acquire Yieldly (YLDY), just see the guidelines below.
Buying Yieldly (YLDY) on Binance
Now that you are registered on the platform and got your account approved, you can start trading.
The first step is to discover how to buy a Yieldly (YLDY).
Take into account that you could have different alternatives for this process
Look for the "Buy cryptos" menu on the Binance main page to know which options you have when making a purchase.
Needless to say you must sign in to your account to be able to do this
Uncover all the different purchase options just by placing your mouse over this button.
The next step is to sustain your identity using a legal document.
ID card, passport or even a license will be enough to fulfill this condition.
Now the system will require you to take a selfie following certain guidelines.
Now you will have to wait for a short period while an account confirmation process takes place.
Now be patient, Binance will let you know via email when your profile has been approved.
The following instructions will guide you through the Yieldly (YLDY) trading process. As soon as you’ve received the confirmation email, you have become a Binance licensed Yieldly (YLDY) trader.
Learn to buy Yieldly (YLDY) on Binance
Beginning your Yieldly (YLDY) trading career has never been so easy, right?.
Understanding how to convert money into Yieldly (YLDY) is not that hard.
Take into account that you could have different alternatives for this process
Use the "Buy cryptos" menu on the Binance main page to find out which alternatives you have when buying.
Obviously, you’ll only be able to do this once you are logged in
Placing your mouse pointer over this button will display a list of alternatives for making your purchase.
Making use of your debit or credit card to buy cryptos
Select the credit card-related option from the drop-down menu labeled "Buy Cryptos".
These directions will be helpful to continue the process:
Currency preferred and how much to invest must be defined here.
The the Yieldly (YLDY) you’d like to purchase must be indicated in the second field
The quantity of Yieldly (YLDY) you are going to receive will depend upon the amount of USD you’ve just defined. The Binance platform will automatically display it.
Continue reading for further instructions:
Now you should pick the currency you’d like to use and specify the amount you want to invest.
Next, pick the Yieldly (YLDY) you are going to buy
When you do so, the platform will immediately display the quantity of Yieldly (YLDY) you’ll be given, considering the amount of USD you’ve just indicated.
Press "Continue".
To use your credit card as a payment method, go to the "Visa/Mastercard" box and press the "Add card" button.
Credit card data must be completed in this step, then click "Next".
In this step you must write the physical address details for the card. After this, select "Add card".
With this step, your card will be added to the valid methods of payment in your account. Press "Continue".
Next, you’ll see a snapshot of the operation in its final stage. It includes the amount you are paying, the chosen currency and the amount of Yieldly (YLDY) you will be given.
Another detail of relevance in this summary is the sum you’ll be charged as a commision for making the transaction.
You have 1 minute to press "Confirm", otherwise the order will be automatically canceled.
The next step needs to be carried out on the credit card bank system. Then you would make a normal on-line payment using your credit card.
After the banking procedure is complete, you’ll get your recently bought Yieldly (YLDY) in your Binance e-wallet (referred to as the «Spot Wallet»)
See how easy is how to purchase Yieldly (YLDY) through Binance P2P
This means «Person To Person», i.e.: exchanging Yieldly (YLDY)
with another Binance trader. Payment method is the first parameter you must add.
The platform will now show you the synthesis of the buying order you are generating. The amount your card will be charged with the currency you’ve selected, and the Yieldly (YLDY) you will get.
Another detail of relevance in this snapshot is the amount you’ll be charged as a commision for making the transaction.
You have 60 seconds to click on "Confirm", otherwise the order will be automatically terminated.
Next, you will be sent to the site of the bank issuing the credit card. Follow the directions in the same way you would make a payment with your card.
When the banking procedure is complete, you will have your recently bought Yieldly (YLDY) in your Binance digital wallet (referred to as the «Spot Wallet»)
Buy Yieldly (YLDY) through Binance P2P
That is a transaction made «Person To Person», i.e.: trading Yieldly (YLDY)
with another Binance subscriber. Method of payment is the first parameter you will specify.
- Click on "Security" in your profile.
- From the list on the left-hand side select "Payment".
- Click on "Add a Payment Method" and the platform will guide you through the rest of the procedure.
After you have added the new payment method to your account, move to the "Buy Crypto" menu (upper part of the display), select the "Trading P2P" button, and follow the directions below:
- On the upper bar of the "P2P Account" menu, choose "Buy"
- The complete set of Yieldly (YLDY) available for buying through P2P trading will be shown in this menu, so you will be able to choose the one you’re interested in. In this guide, we present «USDT».Purchasing one of these Yieldly (YLDY) in P2P trading will allow the user to exchange it on the Binance platform for any of the foreign currencies available.
- Now you should choose the currency you want to use, for example, «VES». To do this, see the drop-down list under the "Fiat" column.
- You must type the amount in VES you’d like to invest in the "Amount" box.
- Indicate the method of payment and wait for the platform to show you all the dealers’ ads.
- Select a trader from the list shown. We recommend that you choose a verified one with a high completed sales rate.
- Press "Buy USDT"
- Type the amount in VES you would like to pay
- Click on "Buy USDT" again
- A purchase order has been created and the trader and you will be able to contact each other for further details, if needed. 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 reputation as a buyer). Once you have paid, click on "Transferred, Next", then press "Confirm".
How to transfer your Yieldly (YLDY) to the Spot Wallet
The seller, upon validating payment reception, will instantly release the Yieldly (YLDY).
So, they will automatically be added to your wallet balance.
Take into account that your Yieldly (YLDY) must be in your Spot Wallet in case you want to buy others, so you will have to send them there before.
To get this done, you only need to press "Transfer to Spot Wallet" once the purchase order is completed.
This Yieldly (YLDY) internal transfer can be carried out whenever you need.
Learn how to transfer your Yieldly (YLDY) to the Spot Wallet
Cryptocurrencies will be released by the seller as soon as money reception validation has been done.
The default place where Yieldly (YLDY) are transferred to is your Binance wallet.
But in order for you to purchase another Yieldly (YLDY), you will need to send them to your Spot Wallet.
You can do this immediately once the purchase order is completed just by clicking "Transfer to Spot Wallet".
In the event you didn’t do this, don’t be anxious, you can do it later.
- Drop the "Wallet" list down and select the "Wallet Funds" option.
- See the "Transfer" button on the upper right area of the screen and press it.
- In the pop-up window, swap the «From» and «To» options to the following configuration:
- From: «Funds»
- To: «Fiat and Spot»
- Select the currency in which you have funds, in the example in this article we use «USDT»
- Type the amount you are moving to the spot walet and press "Confirm".
All right! Now you have money available to purchase any of the several Yieldly (YLDY) in the Binance platform.
Purchase any crypto from the Binance platform just following the steps described next:
- In the top section, find the "Trading" option.
- Pick "Convert" from the list.
- Fill in the box the sum of «USDT» you wish to spend.
- Now mark the crypto you’re interested in.
- Select "Preview conversion".
- Confirm the operation and that’s all. You will have the amount of the selected crypto in your Spot Wallet.
All right! Now you have funds available to trade any of the numerous Yieldly (YLDY) in the Binance platform.
To purchase Yieldly (YLDY) from Binance all you have to do is the following:
- Select the "Trading" option in the upper panel.
- Pick "Convert" from the list.
- Enter the amount of «USDT» you wish to invest.
- Now select the cryptocurrency you’re about to buy.
- Click on "Preview conversion".
- Confirm the transaction and that’s all. 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 out trading on Binance.
So, no need to think twice, make a fruitful business in the Binance platform.