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 Coinbase and recieve 10$ for free

In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get your first 10 Dollar.

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Binance Coin (BNB) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin 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 different (Just follow our how-to).

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

As soon as your deposit has been affirmed, you'll now have access to your funds and you can initiate purchasing and trading. To buy {Binance Coin (BNB)|(BNB) Binance Coin} on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to discover {Binance Coin (BNB)|(BNB) Binance Coin}, you'll need to put the shortname of the coin (BNB) into the search-box, which is marked in the graphic. Be certain of having selected the right pairing, we have marked this too. Click on “BNB/BTC” to continue.

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

As soon as you've located {Binance Coin (BNB)|(BNB) Binance Coin}, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price {Binance Coin (BNB)|(BNB) Binance Coin} was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of BNB you wish to buy. The ”Total” field is the total price in Bitcoin that you will settle for the whole quantity of BNB.

If you're satisfied, make a mouse click on “Buy BNB”. Your order will be filled when a Vendor trades their BNB for the price you submitted.

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

Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your {Binance Coin (BNB)|(BNB) Binance Coin}, go to the ”Funds” tab and mouse click on “Withdraw”. {Binance Coin (BNB)|(BNB) Binance Coin} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Binance Coin (BNB)|(BNB) Binance Coin} by using the given drop-down box. Enter the quantity of {Binance Coin (BNB)|(BNB) Binance Coin} you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

If you're glad, click “Submit”. You could be asked for email/phone verification before a withdrawal.

Congratulations! You've successfully bought and stored Binance Coin (BNB) in Anguilla.

That's it!

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

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