A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Monaco
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and receive your first 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Binance Coin (BNB) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find Binance Coin (BNB) As soon as your deposit has been affirmed, you'll now have access to your funds and you can launch invest and trading. To purchase Binance Coin (BNB) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. To locate (BNB) Binance Coin, you will need to insert the cointype (BNB) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this too. Click on “BNB/BTC” to go on.
Step 4 – Acquisition of (BNB) Binance Coin After you have located Binance Coin (BNB), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our Limit Order. The “Price” field will be automatically filled with the recent valuation (BNB) Binance Coin was traded for. You can change this to your favoured price. The “Amount” field is the volumen of BNB you wish to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of BNB. When you are glad, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Seller sells their BNB for the price you offered.
Step 5 – Withdraw (BNB) Binance Coin Unless you're trading, you should never keepyour coins on an Exchange for an extended period of time. To take off your (BNB) Binance Coin, go to the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BNB) Binance Coin by using the given drop-down box. Drop in the volumen of Binance Coin (BNB) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.