A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Guyana
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive your welcome $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find (BNB) Binance Coin Once your deposit has been confirmed, you will instantly have access to your assets and you can initiate invest and trading. To purchase Binance Coin (BNB) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To find (BNB) Binance Coin, you'll need to insert the shortname of the coin (BNB) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “BNB/BTC” to continue.
Step 4 – Purchasing Binance Coin (BNB) After you have located (BNB) Binance Coin, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our Limit Order. The “Price” field will be filled with the recent valuation (BNB) Binance Coin was traded for. You can change this to your desired price. The “Amount” field is the amount of BNB you like to buy. The “Total” field is the whole price in BTC that you will settle for the complete quantity of BNB. If you are happy, click on “Buy BNB”. Your order will be filled as soon as a Vendor sells their BNB for the price you gave.
Step 5 – Withdraw (BNB) Binance Coin Unless you're regularly trading, never keep your crypto coins on an Exchange for an extensive time frame. In order 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 Binance Coin (BNB) by using the provided drop-down box. Put into the quantity of Binance Coin (BNB) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you are glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.