When the world of DeFi is filled with diverse services, all eyes are set on security and transparency - two key features in asset management. Akropolis steals the limelight with its commitment to transparency and security. In this article, we'll take you through a step-by-step process on how to buy Akropolis on Binance, arming you with the knowledge and resources you need.
Where To Buy Akropolis?
Some of the most popular exchanges to buy AKRO include Binance, Coinbase, KuCoin, and Kraken. When choosing an exchange to purchase AKRO, it's essential to consider factors such as fees, security, user interface and supported payment methods. It's also important to note that some exchanges may only be available in some countries or regions.
Step-By-Step Guide On How To Buy Akropolis :
Follow the below steps to buy Akropolis using the Binance exchange.
Step 1: Register for a Binance account
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The first step is to register for a Binance account; if you already have a Binance account, you can skip this step.
To register, visit the Binance website and click on the "Register" button at the top right-hand corner of the page. You will then be prompted to enter your email address and create a password. You can also use the main sign-up with an email or phone option.
After completing this step, you will receive an email confirmation from Binance.
Create an account using your personal phone number or email address on Binance. Registering as an entity if you want to buy Akropolis as a Limited company business on the Binance exchange is also an option.
Step 2: Verify your identity on Binance
Before you can buy AKRO on Binance, you will need to verify your identity. To do this, click the "Profile" button on the top right-hand corner of the page and select "Identity Verification."
Follow the instructions provided by Binance to complete the verification process.
To complete your Binance registration process and start buying crypto on the Binance platform, you must submit a valid government-issued passport or Driving license based on your country of residence.
Step 3: Buy AKRO
There are numerous ways to buy Akropolis on the Binance exchange, and it all comes down to your preference. We will explore some popular methods to buy Akropolis on Binance.
Option 1: Fund your Binance account with crypto
This method is helpful for anyone who owns crypto on other platforms or wallets. Once you have transferred your Bitcoin to a Binance account, you can buy Akropolis with Bitcoin as Binance supports trading BTC/AKRO pair.
After verifying your identity, you can fund your Binance account with crypto. To do this, click the "Deposit" button on the top right-hand corner of the page. You will then be prompted to select the cryptocurrency you want to deposit. Select the cryptocurrency you wish to deposit and follow the instructions provided by Binance. Once your cryptocurrency has been deposited, you can proceed to buy AKRO.
On the deposit Crypto page, choose the crypto (in this case, we selected bitcoin) and its network. Binance will generate a bitcoin address to deposit your BTC. Copy the deposit address and initiate a withdrawal on the withdrawal platform. Once the transaction is confirmed, Binance will credit the crypto.
Convert Bitcoin Crypto to Akropolis (AKRO)
After transferring your crypto Binance account, hover over the Trade menu at the top menubar and click on Binance Convert, where you can convert your crypto to AKRO.
There are two ways to convert your crypto to AKRO: Market order or Limit order.
Buying AKRO with market order: Market order allows you to convert your assets at the current market price based on the quoted price in the conversion.
Buying AKRO with limit order: A limit order allows you to place an order to convert your assets at a specified limit price. However, limit orders are executed subject to market conditions and may not be completed even if the market price reaches or crosses your limit price momentarily.
The above screenshot shows an example of placing a limit order to buy Akropolis using BNB. You can click on the bars icon next to the limit button to display the price chart of your selected crypto convert pair. Click Confirm Order to get 769 AKRO tokens into your account.
Congrats! You have now bought Akropolis by funding your Binance account with crypto and using Binance Convert.
Option 2: Fund your Binance account with Fiat
This option will benefit you if you prefer to fund your account with your preferred fiat currency beforehand. Customers can fund their Binance account with fiat currency via direct bank transfer or credit/debit card.
When using the Bank transfer method to fund your account, make sure to follow the below tips:
Your bank account name must match the name registered to your Binance account.
Please include your full name in your bank transfer's Reference/Remark section.
If the deposited amount exceeds your daily limit, Binance will divide the total payment based on your maximum daily limit.
After funding the account with fiat currency, it will be stored as your cash balance on the Binance account. Using the deposited fiat currency, you can now buy crypto using the buy crypto with Cash Balance tool.
As shown above, buy Akropolis immediately with your preferred fiat currency! You will get an estimated price of AKRO based on the currency of choice, and you enter the desired amount of AKRO to buy and confirm the order.
Congrats! You have now bought AKRO by funding your Binance account with fiat currency and using a Binance Cash balance.
Option 3: Buy Akropolis with a Credit/Debit Card (Popular method to buy Akropolis)
To buy AKRO on Binance using a Credit or Debit card, navigate to the Buy crypto via card page using the top navigation menu.
On the buy crypto with card page, you will see various options to choose the fiat currency to buy Akropolis. Enter the desired amount of AKRO tokens to purchase and click Continue.
In the payment method section, if you just created your Binance account, add the card details you will use to purchase AKRO.
Once you have entered the card details, you must review the order details to ensure they are correct. If everything looks good, click the "Buy AKRO" button to complete the purchase.
Congrats! You have now bought AKRO by funding with your Credit/Debit card!
Alternatively, you have the choice to buy AKRO on a recurring basis.
The recurring model typically allows you to regularly invest in cryptocurrency with a pre-determined amount and accumulate your crypto holdings over time. If you are committed to the long-term growth of a coin/token and bullish on its future price movements, it is an excellent way to DCA into the project.
Step 4: Buy Akropolis
Buy Akropolis with Paypal: Binance does not currently support purchasing Akropolis (AKRO) directly with PayPal. However, you can still use PayPal to buy cryptocurrencies on other platforms and then transfer those funds to your Binance account to purchase Akropolis. Other exchanges, such as Coinbase support Paypal payment methods to buy crypto. If you have an existing PayPal account, you can start transactions on Coinbase immediately.
Buy Akropolis with a credit card on Binance exchange: To Add a credit card, Go to the "Buy Crypto" page on Binance and select "Credit/Debit Card." Follow the prompts to add your credit card details.
Buy Akropolis with Debit Card: To Add a debit card: Go to the "Buy Crypto" page on Binance and select "Credit/Debit Card." Follow the prompts to add your debit card details.
Step 5: Withdraw AKRO from Binance
After buying AKRO on Binance, withdraw it to a hard or soft wallet you control. To do this, click the "Withdraw" button on the top right-hand corner of the page. You will then be prompted to enter the wallet address to which you want to withdraw your AKRO. Ensure you enter the correct address, as transactions on the blockchain are irreversible.
You must also enter the amount of AKRO you want to withdraw. Once you have entered the correct wallet address and the amount of AKRO you wish to withdraw, click the "Submit" button. Binance will then process your withdrawal request, and your AKRO will be sent to the wallet address you provided.
Tips for buying AKRO on Binance
- Always double-check your order details before placing a trade to ensure everything is correct.
- Consider using the "Limit" order type instead of the "Market" one when buying AKRO. With a limit order, you can set the price you are willing to pay for AKRO, whereas, with a market order, you will pay the current market price for AKRO, which may not be the best price.
- Consider using two-factor authentication (2FA) to enhance security after registration.
10 Reasons To Buy Akropolis Right Now
Should I buy Akropolis? If you are considering whether you should buy Akropolis or not, then the below points may provide some clarity about the project.
- DeFi protocol: Akropolis is an Ethereum-based decentralized finance protocol that enables users to access a range of financial services without intermediaries.
- Pooled savings: Akropolis offers pooled savings products that let users earn interest on their assets.
- Risk management: Akropolis provides risk management tools, such as insurance and hedging, to help users manage their risks when joining decentralized finance.
- Governance: AKRO is governed by its community, with token holders able to vote on important decisions and proposals related to the platform.
- Staking rewards: AKRO token holders can earn staking rewards by staking their tokens on the platform, helping to secure the network and earn a share of the fees generated by the protocol.
- Yield farming: Akropolis offers yield farming opportunities, enabling users to earn additional rewards by providing liquidity to the platform.
- Cross-chain interoperability: Akropolis is designed to be interoperable with other blockchains, enabling users to access a wider range of decentralized finance services.
- Security: Akropolis employs a range of security measures, such as smart contract auditing and bug bounties, to ensure the safety and security of users' assets.
- Accessibility: Akropolis is accessible to users of all levels of technical expertise, with a user-friendly interface and tools.
- Partnerships: Akropolis has formed partnerships with leading blockchain projects, such as Chainlink and MakerDAO, to expand the range of services available on the platform and drive the adoption of decentralized finance.
Looking to buy Crypto with Binance?
Check out our Binance guide on how to buy Cardano.
Check out our Binance guide on how to buy Avax.
How to buy Akropolis in the Philippines?
Choose a cryptocurrency exchange that supports Akropolis (AKRO) trading. Binance is one of the best places to buy Akropolis in the Philippines. Binance is also one of the cheapest ways to buy Akropolis in the Philippines.
How to buy Akropolis in India?
Biance is one of the best places to buy Akropolis in India. Binance is also one of the cheapest ways to buy Akropolis.
Where to buy Akropolis in the UK?
Choose a cryptocurrency exchange that supports Akropolis (AKRO) trading. Binance is one of the best places to buy Akropolis in the UK.
How to buy Akropolis in Australia?
Biance is one of the best places to buy Akropolis in Australia. Binance is also one of the cheapest ways to buy Akropolis.
How to buy Akropolis in Brazil?
Choose a cryptocurrency exchange that supports Akropolis (AKRO) trading. Binance is one of the best places to buy Akropolis in Brazil.
Where to buy Akropolis in the US?
Choose a cryptocurrency exchange that supports Akropolis (AKRO) trading. Coinbase is one of the best places to buy Akropolis in the US.
How to buy Akropolis in Turkey?
To buy Akropolis in Turkey we recommend a cryptocurrency exchange that supports Akropolis (AKRO) trading in the first place. Binance is one of the best places to buy Akropolis in Turkey with its cheap rate and easy-to-start trading account for Turkish users.