A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Austria
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and getting your first 10$.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Binance Coin (BNB) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Binance Coin (BNB) Once your deposit has been confirmed, you'll instantly have access to your funds and you can begin purchasing and trading. To invest in (BNB) Binance Coin on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to locate (BNB) Binance Coin, you will need to put the cointype (BNB) into the search box, which is highlighted in the image. Be certain of having selected the right pairing, we have marked this too. Click on “BNB/BTC” to advance.
Step 4 – Purchasing (BNB) Binance Coin After you've spotted (BNB) Binance Coin, you will be presented with a Price Chart (in the Center of the picture) and some 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 up-to-date price Binance Coin (BNB) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of BNB you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole volumen of BNB. If you are satisfied, make a mouse click on “Buy BNB”. Your order will be filled as soon as a Seller sells their BNB for the price you submitted.
Step 5 – Withdraw (BNB) Binance Coin Unless you are trading, you should never keepyour crypto on an Crypto Trader for an extensive period of time. To withdraw your Binance Coin (BNB), go to the tab called “Funds” and click on “Withdraw”. (BNB) Binance Coin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Binance Coin (BNB) by using the provided drop-down box. Put into the volumen of Binance Coin (BNB) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You may be requested for email/phone verification before a withdrawal.