A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Belarus
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum will need 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 illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Binance Coin (BNB) As soon as your deposit has been verified, you'll instantly have access to your assets and you can initiate purchasing and trading. To buy (BNB) Binance Coin on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover Binance Coin (BNB), you will need to insert the shortname of the coin (BNB) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “BNB/BTC” to proceed.
Step 4 – Buy (BNB) Binance Coin Once you've discovered Binance Coin (BNB), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are making our Limit Order. The field with the “Price” tag will be filled with the up-to-date tariff (BNB) Binance Coin was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of BNB you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole amount of BNB. If you are satisfied, click on “Buy BNB”. Your plan will be filled when a Vendor sells their BNB for the price you introduced.
Step 5 – Withdraw (BNB) Binance Coin Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extended time period. In order to withdraw your Binance Coin (BNB), hover over the “Funds” tab and click on “Withdraw”. Binance Coin (BNB) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BNB) Binance Coin by using the given drop-down box. Enter the quantity of (BNB) Binance Coin you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You may be requested for verfication via phone/email before a take off.