A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Benin
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting your welcome $10.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Binance Coin (BNB) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Binance Coin (BNB) Once your deposit has been confirmed, you'll now have access to your finances and you can begin invest and trading. To buy (BNB) Binance Coin on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To discover Binance Coin (BNB), you'll need to put the cointype (BNB) into the search box, which is highlighted in the image. Make sure you have selected the correct pairing, we've marked this also. Click on “BNB/BTC” to go on.
Step 4 – Purchasing Binance Coin (BNB) After you have located Binance Coin (BNB), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're going to make our Limit Order. The “Price” field will be filled with the most latest rate Binance Coin (BNB) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of BNB you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of BNB. If you are satisfied, click on “Buy BNB”. Your order will be filled as soon as a Vendor sells their BNB for the price you submitted.
Step 5 – Withdraw Binance Coin (BNB) Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your (BNB) Binance Coin, hover over the tab called “Funds” and click on “Withdraw”. (BNB) Binance Coin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BNB) Binance Coin by using the given drop-down box. Enter the volumen of Binance Coin (BNB) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, click “Submit”. You could be asked for verfication via email/phone ahead of a take off.