How to Buy Binance Coin (BNB) in Anguilla

A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Anguilla

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and to get your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Binance Coin (BNB) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find {Binance Coin (BNB)|(BNB) Binance Coin}

As soon as your deposit has been verified, you'll directly have access to your funds and you can start buying and trading. To purchase {Binance Coin (BNB)|(BNB) Binance Coin} on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

To spot {Binance Coin (BNB)|(BNB) Binance Coin}, you'll need to insert the short name of the asset (BNB) into the search box, which is marked in the image. Be certain of having choosen the proper pairing, we have marked this too. Click on “BNB/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Binance Coin (BNB)
Step 4 – Purchasing {Binance Coin (BNB)|(BNB) Binance Coin}

After you have spotted {Binance Coin (BNB)|(BNB) Binance Coin}, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to make our own Limit Order.

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

When you are satisfied, make a mouse click on “Buy BNB”. Your order will be filled as soon as a Vender trades their BNB for the price you introduced.

Step 5 – Withdraw {Binance Coin (BNB)|(BNB) Binance Coin}

Unless you are trading, you should never keepyour crypto on an Crypto Exchange for an longer time period. In order to take off your {Binance Coin (BNB)|(BNB) Binance Coin}, hover over the ”Funds” tab and click on “Withdraw”. {Binance Coin (BNB)|(BNB) Binance Coin} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Binance Coin (BNB)|(BNB) Binance Coin} by using the provided drop-down box. Drop in the amount of {Binance Coin (BNB)|(BNB) Binance Coin} you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

When you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully purchased and stored Binance Coin (BNB) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the {Binance Coin (BNB)|(BNB) Binance Coin} is stored in your wallet, you are all done.

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