How to Buy Binance Coin (BNB) in Brunei

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

Step 1 – Signup to Kraken

You will first need to purchase one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and to get your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Funds to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. 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? (Follow these easy steps)

Make sure you've chosen the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Binance Coin (BNB)

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

In order to find (BNB) Binance Coin, you'll need to put the short name of the asset (BNB) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've marked this also. Click on “BNB/BTC” to progress.

Step 4 – Purchase (BNB) Binance Coin

As soon as you have found Binance Coin (BNB), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our Limit Order.

The “Price” field will be automatically filled with the most latest rate Binance Coin (BNB) was traded for. This can be changed to your desired price. The “Amount” field is the volumen of BNB you like to buy. The “Total” field is the aggregated price in BTC that you'll pay for the complete volumen of BNB.

If you're satisfied, click on “Buy BNB”. Your order will be filled as soon as a Vender 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 Trader for an longer period of time. In order to withdraw your Binance Coin (BNB), go to the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Binance Coin (BNB) by using the given drop-down box. Put into the quantity of Binance Coin (BNB) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Kudos! You've successfully purchased and stored Binance Coin (BNB) in Brunei.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (BNB) Binance Coin is safe in your wallet, you're finished.