How to Buy Binance Coin (BNB) in Bosnia And Herzegovina

A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Bosnia And Herzegovina

Step 1 – Join Kraken

You will first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome Ethereum or Bitcoin.

Step 2 – Transfer Your Funds 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 identical. Binance Coin (BNB) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find (BNB) Binance Coin

As soon as your deposit has been confirmed, you'll directly have access to your funds and you can begin buying 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”.

To spot Binance Coin (BNB), you will need to put the cointype (BNB) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we have marked this too. Click on “BNB/BTC” to proceed.

Step 4 – Acquisition of Binance Coin (BNB)

Once you've discovered Binance Coin (BNB), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date tariff (BNB) Binance Coin was traded for. This can be changed to your desired price. The “Amount” field is the quantity of BNB you want to purchase. The “Total” field is the total price in BTC that you'll pay for the complete quantity of BNB.

When you're happy, make a mouse click on “Buy BNB”. Your order will be filled as soon as a Vendor sells their BNB for the price you gave.

Step 5 – Withdraw (BNB) Binance Coin

Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an extended period of time. To withdraw your (BNB) Binance Coin, go to the tab called “Funds” and click on “Withdraw”. Binance Coin (BNB) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNB) Binance Coin by using the given drop-down box. Drop in the volumen of Binance Coin (BNB) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Congratulations! You have successfully bought and stored Binance Coin (BNB) in Bosnia And Herzegovina.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (BNB) Binance Coin is stored in your wallet, you're done.