How to Buy Binance Coin (BNB) in Italy

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

Step 1 – Join Kraken

You will first need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and to get your first Bitcoin (BTC) or Ethereum (ETH).

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Binance Coin (BNB) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Binance Coin (BNB)

Once your deposit has been affirmed, you'll directly have access to your finances and you can begin buying and trading. To purchase Binance Coin (BNB) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To locate Binance Coin (BNB), you'll need to put the short name of the asset (BNB) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we've highlighted this also. Click on “BNB/BTC” to proceed.

Step 4 – Acquisition of Binance Coin (BNB)

After you have spotted Binance Coin (BNB), 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 own Limit Order.

The “Price” field will be filled with the up-to-date tariff Binance Coin (BNB) was traded for. You can change this to your desired rate. The “Amount” field is the amount of BNB you like to buy. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole amount of BNB.

If you are happy, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Vender sells their BNB for the price you submitted.

Step 5 – Withdraw Binance Coin (BNB)

Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an longer period of time. In order to take off your Binance Coin (BNB), go to the tab called “Funds” and mouse click on “Withdraw”. Binance Coin (BNB) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNB) Binance Coin by using the provided drop-down box. Drop in the amount of Binance Coin (BNB) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

If you are satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Kudos! You've successfully bought and stored (BNB) Binance Coin in Italy.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (BNB) Binance Coin is stored inside your wallet, you are finished.