How to Buy sBNB (SBNB)

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. sBNB (SBNB) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you've chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find sBNB (SBNB)

As soon as your deposit has been affirmed, you will instantly have access to your funds and you can initiate invest and trading. To purchase sBNB (SBNB) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To discover sBNB (SBNB), you'll need to put the shortname of the coin (SBNB) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “SBNB/BTC” to go ahead.

Step 4 – Purchase sBNB (SBNB)

Once you've located sBNB (SBNB), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order.

The ”Price” field will be filled with the most up-to-date rate sBNB (SBNB) was sold for. You can change this to your desired rate. The ”Amount” field is the amount of SBNB you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete amount of SBNB.

When you are satisfied, make a mouse click on “Buy SBNB”. Your order will be filled when a Seller sells their SBNB for the price you introduced.

Step 5 – Withdraw sBNB (SBNB)

Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extensive time frame. In order to withdraw your sBNB (SBNB), hover over the tab called “Funds” and click on “Withdraw”. sBNB (SBNB) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find sBNB (SBNB) by using the provided drop-down box. Drop in the volumen of sBNB (SBNB) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.