How to Buy Binance Coin (BNB) in Czechia

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

Step 1 – Join Kraken

You'll first need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Binance Coin (BNB) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Binance Coin (BNB)

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

In order to find (BNB) Binance Coin, you will need to put the short name of the asset (BNB) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've highlighted this too. Click on “BNB/BTC” to go ahead.

Step 4 – Purchasing Binance Coin (BNB)

As soon as you've found (BNB) Binance Coin, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date rate Binance Coin (BNB) was sold for. You can change this to your preferred price. The “Amount” field is the volumen of BNB you want to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole amount of BNB.

If you are glad, click on “Buy BNB”. Your order will be filled as soon as a Vendor trades their BNB for the price you introduced.

Step 5 – Withdraw (BNB) Binance Coin

Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive period of time. To take off your Binance Coin (BNB), hover over the tab called “Funds” 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. Put into the volumen of Binance Coin (BNB) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

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

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

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Binance Coin (BNB) is safe inside your wallet, you are finished.