How to Buy Binance Coin (BNB) in Gibraltar

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

Step 1 – Join CEX.io

In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Binance Coin (BNB) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

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

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate (BNB) Binance Coin

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

In order to discover Binance Coin (BNB), you will need to put the short name of the asset (BNB) into the search-box, which is marked in the image. Be certain of having choosen the correct pairing, we have marked this too. Click on “BNB/BTC” to advance.

Step 4 – Acquisition of (BNB) Binance Coin

As soon as you have found Binance Coin (BNB), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are making our Limit Order.

The “Price” field will be automatically filled with the most up-to-date rate (BNB) Binance Coin was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of BNB you like to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete volumen of BNB.

If you're glad, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Vendor sells their BNB for the price you offered.

Step 5 – Withdraw Binance Coin (BNB)

Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time period. To withdraw your (BNB) Binance Coin, hover over the tab called “Funds” and click on “Withdraw”. (BNB) Binance Coin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.

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

That's it!

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