How To Buy Audius (AUDIO) Guide

Revolutionary and decentralized, Audius (AUDIO) aims to shape the future of music discovery and creation. The vision of Audius is to build a fair and transparent platform where power is in the hand of creators and artists. In this article, we'll take you through a step-by-step process on how to buy Audius on Binance.

Where To Buy Audius?

Some of the most popular exchanges to buy AUDIO include Binance, Coinbase, KuCoin, and Kraken. When choosing an exchange to purchase AUDIO, 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 Audius:

Follow the below steps to buy Audius using the Binance exchange.

Step 1: Register for a Binance account

Register using our Affiliate link to get a $600 worth of welcome bonus.

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 Audius as a Limited company business on the Binance exchange is also an option.

Step 2: Verify your identity on Binance

Before you can buy AUDIO 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 Audius Crypto

There are numerous ways to buy Audius on the Binance exchange, and it all comes down to your preference. We will explore some popular methods to buy Audius 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 Audius with Bitcoin as Binance supports trading BTC/AUDIO 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 AUDIO.

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 Audius (AUDIO)

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 AUDIO.

There are two ways to convert your crypto to AUDIO: Market order or Limit order.

Buying AUDIO 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 AUDIO 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 Audius 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 on Confirm Order to get 376 AUDIO tokens into your account.

Congrats! You have now bought Audius 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 Audius immediately with your preferred fiat currency! You will get an estimated price of AUDIO based on the currency of choice, and you enter the desired amount of AUDIO to buy and confirm the order.

Congrats! You have now bought AUDIO by funding your Binance account with fiat currency and using a Binance Cash balance.

Option 3: Buy Audius with a Credit/Debit Card (Popular method to buy Audius)

To buy AUDIO 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 Audius. Enter the desired amount of AUDIO 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 AUDIO.

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 AUDIO" button to complete the purchase.

Congrats! You have now bought AUDIO by funding with your Credit/Debit card!

Recurring Plan

Alternatively, you have the choice to buy Audius 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 Audius - Payment Methods

Buy Audius with Paypal: Binance does not currently support purchasing Audius (AUDIO) 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 Audius. 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 Audius 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 Audius 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 AUDIO from Binance

After buying AUDIO 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 AUDIO. Ensure you enter the correct address, as transactions on the blockchain are irreversible.

You must also enter the amount of AUDIO you want to withdraw. Once you have entered the correct wallet address and the amount of AUDIO you wish to withdraw, click the "Submit" button. Binance will then process your withdrawal request, and your AUDIO will be sent to the wallet address you provided.

Tips for buying AUDIO on Binance

1. Always double-check your order details before placing a trade to ensure everything is correct.
2. Consider using the "Limit" order type instead of the "Market" one when buying AUDIO. With a limit order, you can set the price you are willing to pay for AUDIO, whereas with a market order, you will pay the current market price for AUDIO, which may not be the best price.
3. Consider using two-factor authentication (2FA) to enhance security after registration.

8 Reasons To Buy Audius Right Now

Should I buy Audius? If you are considering whether you should buy Audius or not, then the below points may provide some clarity about the project.

1. Decentralized music platform: Audius is a decentralized music platform that encourages artists to share their music directly with their fans without intermediaries like record labels or streaming services.
2. Artist-centric model: Audius prioritizes the interests of artists. Artists can earn more revenue and retain ownership of their music.
3. Community-driven: Audius is built on a community-driven model, where users can support their favorite artists and earn rewards for participating in the platform.
4. Low fees: Audius charges low transaction fees, enabling users to send and receive payments without incurring high costs.
5. Fast transactions: The use of blockchain technology enables fast and secure transactions on the Audius platform.
6. Accessible to all: Audius is accessible to anyone with an Internet connection, allowing artists and fans worldwide to connect and share music.
7. Transparency: Audius provides transparency in payments and revenue sharing, enabling artists to see how much they earn from each track and who is listening to their music.
8. Immutable ownership: Blockchain technology ensures that the ownership of music is immutable and cannot be altered or tampered with.