Helium tokens (HNT) are increasingly popular and will be increasingly needed for non-crypto purposes in the future. Of course you can mine those tokens with special tools. We recommend checking out the SenseCAP helium miner for sale. But what if you don’t have the resources to mine and just want to buy?
Through the following four steps, you will see that it is done quickly and easily. Even without ever investing in cryptocurrency, you will be able to carry out this mission.
1 – Create an account on the Binance platform
Unsurprisingly, the first thing to do is create an account on Binance. Binance will provide you with the registration form and ask your country of residence (to make sure that you can indeed use the service). After filling in some of the requested information and accepting the terms of use, Binance will still send you the code via email. Paste it in the column provided. And then ? Now that your account is created, you still need to verify your identity. This is a mandatory step because it is enforced by the authorities that regulate financial markets. To verify your identity, you must provide information about yourself, a copy of your identity document, and proof of address. Without it, you won’t be able to buy Helium (ticket: HNT).
2 – Make the first deposit
To allow you to deposit funds and invest in Helium, Binance supports several methods. This includes deposits with: credit cards, Advcash (partner service for making bank transfers), P2P bank transfers. Whenever possible, we recommend that you choose one of the first two options. And if you want to be able to buy HNT tokens quickly, then give preference to depositing by card. This way, you will have access to your funds within minutes.
3 – Convert your euros to USDT
Even if you now have funds in your Binance account, you will still not be able to buy the Helium cryptocurrency. Why ? Because Binance has not offered the HNT/EUR trading pair to buy HNT with the euro. This is not a big problem because with just a few clicks, it is possible to overcome this minor setback. To do this, from the Binance site, hover your mouse over the “Trader” menu and click “Convert”. You will then see an interface that will allow you to convert euros to USDT.
But what exactly is USDT? It is a stablecoin (meaning a stable digital currency) that is backed by the price of the American dollar. It’s like digital US dollars. How much is USDT worth? Only one US dollar. As an illustration, USDT is the most widely used stablecoin for trading/buying of cryptocurrencies. Now that you have USDT, you should have no trouble buying Helium (HNT) tokens.
4 – Buy Helium tokens (HNT)
To place a buy order for the cryptocurrency Helium, go to the “Traders” menu again. Except this time, you have to click on the “Market” sub-menu. This way, Binance will take you to the market.
From there you can also buy Avalanche tokens (AVAX), Bitcoin, Ether, etc. To find the trading pair we are interested in here (HNT/USDT), do a search for HNT. Binance will thus take you to an interface that will allow you to place a purchase order. Even though the interface is full of information (real-time buy and sell orders, price monitoring, evolution of other cryptocurrencies, etc.), focus on the buy column.
To be able to purchase Helium tokens, you must first select the type of order to be placed. Binance offers three possibilities: Limit, Market, Stop-Limit. It is best in our opinion to place a Limit order, which corresponds to a buy limit order. This means you will be able to set a unit price per HNT token which does not need to be set.
