A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Chad
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) 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 alike. Binance Coin (BNB) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find Binance Coin (BNB) As soon as your deposit has been verified, you'll instantly have access to your assets and you can initiate invest and trading. To purchase (BNB) Binance Coin on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To discover Binance Coin (BNB), you'll need to put the short name of the asset (BNB) into the search-box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have highlighted this also. Click on “BNB/BTC” to continue.
Step 4 – Buy (BNB) Binance Coin As soon as you've located (BNB) Binance Coin, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are making our Limit Order. The “Price” field will be filled automatically with the most latest tariff Binance Coin (BNB) was sold for. You can change this to your favoured price. The “Amount” field is the quantity of BNB you want to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of BNB. When you are glad, click on “Buy BNB”. Your order will be filled as soon as a Vendor trades their BNB for the price you offered.
Step 5 – Withdraw Binance Coin (BNB) Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. In order to take off your (BNB) Binance Coin, hover over the “Funds” tab and mouse click on “Withdraw”. Binance Coin (BNB) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Binance Coin (BNB) by using the provided drop-down box. Enter the quantity of Binance Coin (BNB) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.