A Step-by-Step-Guide on how to buy Binance Coin (BNB) in China
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get your welcome 10$.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Binance Coin (BNB) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find (BNB) Binance Coin As soon as your deposit has been affirmed, you'll now have access to your funds and you can initiate purchasing and trading. To purchase Binance Coin (BNB) on Binance, you'll want to hover over the tab which is called “Exchange” and 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 image. Be certain of having choosen the right pairing, we have marked this also. Click on “BNB/BTC” to continue.
Step 4 – Buying (BNB) Binance Coin After you have located (BNB) Binance Coin, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to make our Limit Order. The “Price” field will be filled automatically with the most recent valuation (BNB) Binance Coin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of BNB you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of BNB. If you're happy, make a mouse click on “Buy BNB”. Your order will be filled when a Seller sells their BNB for the price you gave.
Step 5 – Withdraw (BNB) Binance Coin Unless you're trading, never keep your crypto coins on an Crypto Exchange for an longer time frame. In order to take off your Binance Coin (BNB), go to the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Binance Coin (BNB) by using the provided drop-down box. Put into the quantity of (BNB) Binance Coin you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.