How to Buy Binance Coin (BNB) in Bulgaria

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

Step 1 – Signup to Kraken

You will first need to purchase units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange 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 sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've selected the correct coin you wish to deposit.

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

Step 3 – Locate (BNB) Binance Coin

As soon as your deposit has been affirmed, you will now have access to your assets and you can initiate purchasing and trading. To purchase (BNB) Binance Coin on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

To spot Binance Coin (BNB), you'll need to insert the cointype (BNB) into the search box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we've highlighted this also. Click on “BNB/BTC” to proceed.

Step 4 – Purchasing (BNB) Binance Coin

Once you've spotted Binance Coin (BNB), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The “Price” field will be filled with the up-to-date tariff Binance Coin (BNB) was traded for. This can be changed to your desired price. The “Amount” field is the volumen of BNB you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete quantity of BNB.

If you are satisfied, click on “Buy BNB”. Your plan will be filled as soon as a Vender sells their BNB for the price you introduced.

Step 5 – Withdraw (BNB) Binance Coin

Unless you're frequently trading, you should never keepyour coins on an Exchange for an longer period of time. In order to take off your Binance Coin (BNB), hover over the tab called “Funds” and click on “Withdraw”. Binance Coin (BNB) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Binance Coin (BNB) by using the given drop-down box. Enter the amount of (BNB) Binance Coin you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you're happy, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

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

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (BNB) Binance Coin is safe inside your wallet, you are finished.