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How To Sell Ravencoin On Binance Using A Credit Card Or Debit Card? Buy And Sell Guide

By Sherry Cantwell
Aug 12, 2024
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You can buy Ravencoin (RVN) on a cryptocurrency exchange like Binance. In this article, we are going to talk about how to buy and how to sell raven coin on Binance using a credit card or debit card. Let's see.

How To Buy Ravencoin on Binance using a credit card or debit card

Step 1: Set up an account on Binance

The first step is to sign up for Binance- click here to go to the site. Enter your email address and a strong password (take password security as seriously as you would for your bank account). Click the check box to confirm you're over 18 and click 'create account'.

You will be sent an email with a verification code. Go find that email (check your spam or junk folder if you don't see it within a minute or two). Once you have the code enter it on this page.

You will be given some options on how to get started.

However, you won't be able to use any of these options until you've added more security to your account and verified your identity. So for the moment click the 'go to dashboard' link.

You will be asked to increase your account security by enabling 2FA (two-factor authentication). Click the Google authentication option and follow the instructions to set it up.

Step 2: Verify your Binance account

Once your account is secured, return to the dashboard and click 'security'. On this page, you will see 'basic information'. Click 'verify'. Enter your name and address as it appears on your personal identification (for example, your passport, national identification card, or driver license).

You will then be asked to verify your identification and face. Start the verification. Select the country your identification was issued and the type of identification you have.

You will then be given the option to either take a photo of the identification and your face using your webcam or upload files of the same. If you're on a mobile phone, you can click the supplied link to continue verification on your phone. Follow the verification instructions until successful. It may take a little time before your verification is applied to your account, so please be patient.

Step 3: Use a credit or debit card to buy Ravencoin

Now that your account is secure and identity verified, on the top menu click 'buy crypto' and 'credit/debit card'.

On the next page, you'll be given the option to select your preferred currency. Enter the amount you'd like to spend. Select Ravencoin from the drop-down menu. Press 'buy Ravencoin'

You may be asked to supply some additional information. This is to satisfy international regulations. You may be told that your account is under review to assess if you are eligible to purchase cryptocurrencies using a credit card or debit card. Once the review process has passed you will be asked to add your credit card or debit card details to Binance.

Once the details have been entered you will be given a summary of your purchase. If you're happy with what you see click 'confirm'. Success!

Your Ravencoin will soon be in your Binance wallet. Click 'return to wallet' to see it.

How to sell Ravencoin On Binance?

You can convert or sell your RVN with the same exchange you bought it through(Binance):

- Sign in to the Binance account you have RVN on.

- If you store your Ravencoin in a digital wallet, compare crypto exchanges to convert or sell it on.

- Choose Sell or Convert and place a sell order.

- Choose the amount of RVN you'd like to convert or sell.

- Confirm the sell price and fees and close your sale of Ravencoin.

- Complete your transaction and move your RVN to a wallet for storage.

Buy And Sell Guide: How To Sell Ravencoin On Binance Using A Credit Card Or Debit Card. I hope this guide can help you to know how to sell ravencoin on Binance.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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