How to Buy Binance USD (BUSD) in Anguilla

A Step-by-Step-Guide on how to buy Binance USD (BUSD) in Anguilla

Step 1 – Join Coinbase and get 10$ for free

You will first need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first 10$.

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Binance USD (BUSD) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find {Binance USD (BUSD)|(BUSD) Binance USD}

As soon as your deposit has been verified, you will immediately have access to your funds and you can launch buying and trading. To invest in {Binance USD (BUSD)|(BUSD) Binance USD} on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find {Binance USD (BUSD)|(BUSD) Binance USD}, you will need to put the short name of the asset (BUSD) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this also. Click on “BUSD/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Binance USD (BUSD)
Step 4 – Purchase {Binance USD (BUSD)|(BUSD) Binance USD}

After you have discovered {Binance USD (BUSD)|(BUSD) Binance USD}, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our Limit Order.

The field with the “Price” tag will be filled with the most latest valuation {Binance USD (BUSD)|(BUSD) Binance USD} was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of BUSD you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of BUSD.

When you're glad, make a mouse click on “Buy BUSD”. Your plan will be filled as soon as a Seller trades their BUSD for the price you submitted.

Step 5 – Withdraw {Binance USD (BUSD)|(BUSD) Binance USD}

Unless you are trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your {Binance USD (BUSD)|(BUSD) Binance USD}, go to the tab called “Funds” and click on “Withdraw”. {Binance USD (BUSD)|(BUSD) Binance USD} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Binance USD (BUSD)|(BUSD) Binance USD} by using the provided drop-down box. Enter the volumen of {Binance USD (BUSD)|(BUSD) Binance USD} you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Congratulations! You've successfully bought and stored Binance USD (BUSD) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off using Etherscan.io or Ethplorer.io and the {Binance USD (BUSD)|(BUSD) Binance USD} is safe inside your wallet, you are finished.

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