A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Maldives
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Binance Coin (BNB) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Binance Coin (BNB) Once your deposit has been confirmed, you will directly have access to your funds and you can begin purchasing and trading. To invest in (BNB) Binance Coin on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. To discover Binance Coin (BNB), you'll need to put the cointype (BNB) into the search-box, which is highlighted in the picture. Be certain of having selected the proper grouping, we've marked this too. Click on “BNB/BTC” to progress.
Step 4 – Buying (BNB) Binance Coin After you've found Binance Coin (BNB), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our own Limit Order. The field with the “Price” tag will be filled with the latest tariff (BNB) Binance Coin was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of BNB you wish to buy. The “Total” field is the whole price in Bitcoin that you'll settle for the whole amount of BNB. When you are happy, make a mouse click on “Buy BNB”. Your plan will be filled when a Seller sells their BNB for the price you introduced.
Step 5 – Withdraw Binance Coin (BNB) Unless you're frequently trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. To take off your (BNB) Binance Coin, hover over the “Funds” tab and click on “Withdraw”. (BNB) Binance Coin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Binance Coin (BNB) by using the given drop-down box. Drop in the amount of (BNB) Binance Coin you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.