A Step-by-Step-Guide on how to buy Binance Coin (BNB)
Step 1 – Join Coinbase – Get Free $10 You'll first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting your first 10 Dollar.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Binance Coin (BNB) As soon as your deposit has been affirmed, you will immediately have access to your finances and you can commence buying and trading. To purchase Binance Coin (BNB) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to find Binance Coin (BNB), you will need to put the cointype (BNB) into the search box, which is highlighted in the picture. Be certain of having selected the right pairing, we have highlighted this too. Click on “BNB/BTC” to advance.
Step 4 – Purchasing (BNB) Binance Coin After you've spotted (BNB) Binance Coin, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our Limit Order. The ”Price” field will be filled with the most latest tariff (BNB) Binance Coin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of BNB you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole volumen of BNB. If you're glad, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Seller trades their BNB for the price you offered.
Step 5 – Withdraw Binance Coin (BNB) Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time frame. In order to withdraw your Binance Coin (BNB), go to the ”Funds” tab and click on “Withdraw”. Binance Coin (BNB) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Binance Coin (BNB) by using the given drop-down box. Drop in the quantity of Binance Coin (BNB) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you are glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.