A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Guinea
Step 1 – Join Kraken In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive your welcome Ethereum or Bitcoin.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Binance Coin (BNB) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate (BNB) Binance Coin As soon as your deposit has been approved, you'll instantly have access to your funds and you can launch buying and trading. To buy Binance Coin (BNB) on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. In order to spot Binance Coin (BNB), you'll need to insert the cointype (BNB) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “BNB/BTC” to continue.
Step 4 – Purchase (BNB) Binance Coin As soon as you've discovered (BNB) Binance Coin, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're creating our Limit Order. The field with the “Price” tag will be filled with the latest tariff Binance Coin (BNB) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of BNB you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete amount of BNB. If you're glad, click on “Buy BNB”. Your plan will be filled as soon as a Vender sells their BNB for the price you introduced.
Step 5 – Withdraw Binance Coin (BNB) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an longer time period. To withdraw your Binance Coin (BNB), go to the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Binance Coin (BNB) by using the provided drop-down box. Enter the quantity of (BNB) Binance Coin you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.