How to Buy Binance Coin (BNB) in Estonia

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and getting your first ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Binance Coin (BNB) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've selected the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find (BNB) Binance Coin

As soon as your deposit has been approved, you will now have access to your assets and you can initiate buying and trading. To buy (BNB) Binance Coin on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”.

In order to spot Binance Coin (BNB), you will need to insert 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 have marked this too. Click on “BNB/BTC” to go on.

Step 4 – Purchasing Binance Coin (BNB)

As soon as you've located (BNB) Binance Coin, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order.

The “Price” field will be filled automatically with the most up-to-date tariff (BNB) Binance Coin was traded for. This can be changed to your desired price. The “Amount” field is the volumen of BNB you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of BNB.

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

Step 5 – Withdraw Binance Coin (BNB)

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time frame. In order to take off your Binance Coin (BNB), hover over the “Funds” tab and mouse click on “Withdraw”. Binance Coin (BNB) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BNB) Binance Coin by using the provided drop-down box. Drop in the amount of Binance Coin (BNB) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're glad, click “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Congratulations! You have successfully bought and safed (BNB) Binance Coin in Estonia.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the Binance Coin (BNB) is stored in your wallet, you are finished.