A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Swaziland
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and to get your first 10 Dollar.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Binance Coin (BNB) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Binance Coin (BNB) As soon as your deposit has been confirmed, you will directly have access to your finances and you can commence purchasing and trading. To invest in (BNB) Binance Coin on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order to spot Binance Coin (BNB), you'll need to put the short name of the asset (BNB) into the search-box, which is marked in the image. Be certain of having selected the correct grouping, we have marked this too. Click on “BNB/BTC” to proceed.
Step 4 – Acquisition of (BNB) Binance Coin After you have discovered Binance Coin (BNB), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're creating our Limit Order. The “Price” field will be automatically filled with the recent valuation (BNB) Binance Coin was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of BNB you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of BNB. When you are happy, click on “Buy BNB”. Your order will be filled when a Seller sells their BNB for the price you introduced.
Step 5 – Withdraw (BNB) Binance Coin Unless you are trading, best advise is not to keep coins on an Crypto Trader for an extended period of time. To withdraw your (BNB) Binance Coin, go to the tab called “Funds” and click on “Withdraw”. Binance Coin (BNB) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BNB) Binance Coin by using the provided drop-down box. Enter the amount of Binance Coin (BNB) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, click on “Submit”. You could be asked for email/phone verification before a withdrawal.