How to Buy Binance Coin (BNB) in Andorra

A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Andorra

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and getting your welcome 10$.

Step 2 – Transmit Your Funds to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Binance Coin (BNB) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you have chosen the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate (BNB) Binance Coin

Once your deposit has been verified, you'll immediately have access to your assets and you can start buying and trading. To invest in (BNB) Binance Coin on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find (BNB) Binance Coin, you will need to put the short name of the asset (BNB) into the search box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've marked this too. Click on “BNB/BTC” to proceed.

Step 4 – Buying Binance Coin (BNB)

After you have found 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). Next we are going to make our Limit Order.

The field with the “Price” tag will be filled with the latest price Binance Coin (BNB) was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of BNB you want to buy. The “Total” field is the total price in Bitcoin that you will pay for the whole amount of BNB.

If you're satisfied, click on “Buy BNB”. Your plan will be filled when a Vender sells their BNB for the price you gave.

Step 5 – Withdraw (BNB) Binance Coin

Unless you are trading, best advise is not to keep crypto on an Exchange for an extended period of time. In order to withdraw your Binance Coin (BNB), hover over the tab called “Funds” and click on “Withdraw”. (BNB) Binance Coin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNB) Binance Coin by using the given drop-down box. Drop in the quantity of Binance Coin (BNB) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

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

Congrats! You've successfully purchased and stored (BNB) Binance Coin in Andorra.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (BNB) Binance Coin is stored in your wallet, you are all done.