How to Buy Binance Coin (BNB) in Georgia

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome Bitcoin or Ethereum.

Kraken Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

Make sure you have selected the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Binance Signup

Step 3 – Locate Binance Coin (BNB)

As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can initiate buying and trading. To buy Binance Coin (BNB) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to locate Binance Coin (BNB), you'll need to insert the cointype (BNB) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we've highlighted this also. Click on “BNB/BTC” to go on.

Step 4 – Buy (BNB) Binance Coin

As soon as you've found (BNB) Binance Coin, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are making our Limit Order.

The “Price” field will be filled automatically with the recent price (BNB) Binance Coin was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of BNB you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete volumen of BNB.

When you're happy, click on “Buy BNB”. Your plan will be filled when a Seller trades their BNB for the price you introduced.

Step 5 – Withdraw (BNB) Binance Coin

Unless you are trading, never keep your crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Binance Coin (BNB), hover over the “Funds” tab and mouse click on “Withdraw”. Binance Coin (BNB) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Binance Coin (BNB) by using the provided drop-down box. Put into the quantity of (BNB) Binance Coin you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.

Congratulations! You have successfully bought and stored Binance Coin (BNB) in Georgia.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Binance Coin (BNB) is safe within your wallet, you're done.
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