A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Gambia
Step 1 – Signup to Kraken You'll first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and to get your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Binance Coin (BNB) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (BNB) Binance Coin Once your deposit has been approved, you'll instantly have access to your finances and you can start buying and trading. To invest in (BNB) Binance Coin on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. In order to spot Binance Coin (BNB), you'll need to insert the shortname of the coin (BNB) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this too. Click on “BNB/BTC” to proceed.
Step 4 – Purchasing Binance Coin (BNB) As soon as you have located (BNB) Binance Coin, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're making our own Limit Order. The “Price” field will be filled with the recent rate (BNB) Binance Coin was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of BNB you want to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of BNB. If you're glad, 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're trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time period. To withdraw your Binance Coin (BNB), hover over the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BNB) Binance Coin by using the provided drop-down box. Put into the volumen of (BNB) Binance Coin you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.