How to Buy Binance USD (BUSD)

Step 1 – Signup to Kraken

You'll first need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Binance USD (BUSD) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

Make sure you have selected the precise coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).

Step 3 – Find Binance USD (BUSD)

Once your deposit has been confirmed, you will immediately have access to your assets and you can begin purchasing and trading. To buy Binance USD (BUSD) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To discover Binance USD (BUSD), you will need to put the shortname of the coin (BUSD) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “BUSD/BTC” to continue.

Step 4 – Buying Binance USD (BUSD)

As soon as you've discovered Binance USD (BUSD), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The ”Price” field will be filled with the most latest rate Binance USD (BUSD) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of BUSD you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole volumen of BUSD.

When you are glad, click on “Buy BUSD”. Your plan will be filled when a Seller sells their BUSD for the price you gave.

Step 5 – Withdraw Binance USD (BUSD)

Unless you're frequently trading, never keep your coins on an Crypto Exchange for an extensive period of time. In order to take off your Binance USD (BUSD), go to the tab called “Funds” and mouse click on “Withdraw”. Binance USD (BUSD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Binance USD (BUSD) by using the given drop-down box. Drop in the quantity of Binance USD (BUSD) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

If you're satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a take off.