A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Belgium
Step 1 – Join Kraken In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and getting your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Binance Coin (BNB) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find Binance Coin (BNB) Once your deposit has been affirmed, you will directly have access to your funds and you can commence purchasing and trading. To invest in Binance Coin (BNB) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. To find Binance Coin (BNB), you will need to put the short name of the asset (BNB) into the search box, which is highlighted in the image. Be certain of having selected the right pairing, we've marked this too. Click on “BNB/BTC” to go on.
Step 4 – Purchase (BNB) Binance Coin After you've spotted (BNB) Binance Coin, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our own Limit Order. The “Price” field will be automatically filled with the most latest valuation Binance Coin (BNB) was sold for. This can be changed to your desired rate. The “Amount” field is the amount of BNB you wish to buy. The “Total” field is the whole price in BTC that you'll pay for the complete volumen of BNB. If you're glad, click on “Buy BNB”. Your order will be filled as soon as a Vendor sells their BNB for the price you introduced.
Step 5 – Withdraw Binance Coin (BNB) Unless you're trading, best advise is not to keep coins on an Exchange for an extended time frame. To take off your Binance Coin (BNB), go to the tab called “Funds” and click on “Withdraw”. Binance Coin (BNB) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BNB) Binance Coin by using the given drop-down box. Put into the quantity of (BNB) Binance Coin you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're happy, click on “Submit”. You could be asked for verfication via email/phone before a take off.