How to Buy Binance Coin (BNB) in Denmark

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

Step 1 – Signup to Kraken

You will first need to buy units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Binance Coin (BNB) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Binance Coin (BNB)

Once your deposit has been confirmed, you will instantly have access to your assets and you can start invest and trading. To invest in (BNB) Binance Coin on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To locate Binance Coin (BNB), you will need to insert the cointype (BNB) into the search-box, which is marked in the graphic. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “BNB/BTC” to progress.

Step 4 – Purchase Binance Coin (BNB)

Once you've discovered (BNB) Binance Coin, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest price (BNB) Binance Coin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of BNB you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of BNB.

When you are satisfied, make a mouse click on “Buy BNB”. Your order will be filled when a Vender trades their BNB for the price you offered.

Step 5 – Withdraw (BNB) Binance Coin

Unless you are trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. In order to withdraw your Binance Coin (BNB), hover over the tab called “Funds” and click on “Withdraw”. (BNB) Binance Coin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Binance Coin (BNB) by using the given drop-down box. Drop in the amount of Binance Coin (BNB) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you're happy, click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Congrats! You have successfully purchased and safed Binance Coin (BNB) in Denmark.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the (BNB) Binance Coin is safe inside your wallet, you're done.