How to Buy Binance Coin (BNB) in Bolivia

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

Step 1 – Join Kraken

You'll first need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and receive your welcome Bitcoin or Ethereum.

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

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Binance Coin (BNB) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

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

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

Step 3 – Find (BNB) Binance Coin

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

To locate Binance Coin (BNB), you will need to put the shortname of the coin (BNB) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we've marked this too. Click on “BNB/BTC” to go on.

Step 4 – Buy Binance Coin (BNB)

After you've spotted Binance Coin (BNB), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price Binance Coin (BNB) was traded for. You can change this to your desired price. The “Amount” field is the amount of BNB you wish to buy. The “Total” field is the total price in BTC that you'll pay for the whole volumen of BNB.

When you are glad, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Vendor sells their BNB for the price you gave.

Step 5 – Withdraw Binance Coin (BNB)

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

Find Binance Coin (BNB) by using the provided drop-down box. Put into the volumen of (BNB) Binance Coin you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you're glad, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Kudos! You have successfully bought and safed (BNB) Binance Coin in Bolivia.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (BNB) Binance Coin is stored inside your wallet, you are done.