How to Buy Binance Coin (BNB) in Bangladesh

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

Step 1 – Join Kraken

You will first need to buy units of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you have selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

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 initiate buying and trading. To invest in (BNB) Binance Coin on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find (BNB) Binance Coin, you'll need to put the cointype (BNB) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've marked this too. Click on “BNB/BTC” to go ahead.

Step 4 – Purchasing (BNB) Binance Coin

Once you have located (BNB) Binance Coin, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date price Binance Coin (BNB) was sold for. This can be changed to your preferred rate. The “Amount” field is the quantity of BNB you wish to purchase. The “Total” field is the total price in BTC that you will pay for the complete quantity of BNB.

If you are glad, click on “Buy BNB”. Your order will be filled as soon as a Vendor trades their BNB for the price you gave.

Step 5 – Withdraw (BNB) Binance Coin

Unless you are trading, best advise is not to keep crypto coins on an Crypto Trader for an extended period of time. To take off your Binance Coin (BNB), hover over the tab called “Funds” and mouse click on “Withdraw”. Binance Coin (BNB) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Binance Coin (BNB) by using the provided drop-down box. Enter the volumen of Binance Coin (BNB) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you're glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Kudos! You've successfully bought and stored (BNB) Binance Coin in Bangladesh.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the Binance Coin (BNB) is safe within your wallet, you're finished.