A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Estonia
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your welcome 10 Dollar.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Binance Coin (BNB) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (BNB) Binance Coin As soon as your deposit has been affirmed, you'll now have access to your finances and you can commence invest and trading. To purchase Binance Coin (BNB) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate (BNB) Binance Coin, you'll need to insert the short name of the asset (BNB) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this too. Click on “BNB/BTC” to go ahead.
Step 4 – Buying (BNB) Binance Coin As soon as you've spotted Binance Coin (BNB), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our own Limit Order. The “Price” field will be filled with the most up-to-date tariff (BNB) Binance Coin was sold for. This can be changed to your favoured price. The “Amount” field is the amount of BNB you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of BNB. When you're happy, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Seller sells their BNB for the price you offered.
Step 5 – Withdraw (BNB) Binance Coin Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your Binance Coin (BNB), go to the tab called “Funds” and click on “Withdraw”. Binance Coin (BNB) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Binance Coin (BNB) by using the provided drop-down box. Enter the amount of (BNB) Binance Coin you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, click “Submit”. You may be asked for phone/email verification before a take off.