How to Buy Binance Coin (BNB) in Anguilla

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).

Kraken Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Binance Coin (BNB) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Binance Signup

Step 3 – Find (BNB) Binance Coin

As soon as your deposit has been affirmed, you'll directly have access to your funds and you can initiate purchasing and trading. To purchase (BNB) Binance Coin on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover Binance Coin (BNB), you will need to put the shortname of the coin (BNB) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we have highlighted this also. Click on “BNB/BTC” to advance.

Step 4 – Purchasing (BNB) Binance Coin

After you've spotted (BNB) Binance Coin, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date tariff (BNB) Binance Coin was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of BNB you like to purchase. The “Total” field is the total price in BTC that you'll settle for the whole volumen of BNB.

When you're happy, click on “Buy BNB”. Your plan will be filled as soon as a Seller sells their BNB for the price you submitted.

Step 5 – Withdraw (BNB) Binance Coin

Unless you're trading, best advise is not to keep your coins on an Exchange for an extended time period. To withdraw your (BNB) Binance Coin, go to the tab called “Funds” and mouse click on “Withdraw”. Binance Coin (BNB) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BNB) Binance Coin by using the provided drop-down box. Drop in the volumen of Binance Coin (BNB) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you're glad, click on “Submit”. You may be requested for email/phone verification ahead of a take off.

Congratulations! You have successfully bought and stored (BNB) Binance Coin in Anguilla.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (BNB) Binance Coin is stored inside your wallet, you're done.
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