How to Buy Binance Coin (BNB) in Hungary

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

Step 1 – Join Coinbase – Get Free $10

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 Altcoins. Click below for registration and getting your first 10 Dollar.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Binance Coin (BNB) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you have selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate (BNB) Binance Coin

Once your deposit has been affirmed, you will directly have access to your assets and you can start buying and trading. To buy (BNB) Binance Coin on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To discover Binance Coin (BNB), you'll need to insert the cointype (BNB) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “BNB/BTC” to progress.

Step 4 – Purchase (BNB) Binance Coin

After you've discovered (BNB) Binance Coin, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our Limit Order.

The “Price” field will be filled with the recent rate Binance Coin (BNB) was sold for. You can change this to your favoured rate. The “Amount” field is the amount of BNB you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole quantity of BNB.

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

Step 5 – Withdraw (BNB) Binance Coin

Unless you are trading, best advise is not to keep crypto on an Exchange for an extended time period. To take off your Binance Coin (BNB), hover over the tab called “Funds” and mouse click on “Withdraw”. (BNB) Binance Coin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNB) Binance Coin by using the provided drop-down box. Drop in the amount of (BNB) Binance Coin you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

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

Kudos! You have successfully bought and stored Binance Coin (BNB) in Hungary.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (BNB) Binance Coin is safe inside your wallet, you're finished.