A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Malta
Step 1 – Join Coinbase – Get Free $10 You will first need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive your first 10$.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Binance Coin (BNB) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Binance Coin (BNB) Once your deposit has been verified, you'll instantly have access to your assets and you can begin buying and trading. To purchase (BNB) Binance Coin on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. To locate (BNB) Binance Coin, you will need to put the short name of the asset (BNB) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've marked this also. Click on “BNB/BTC” to go on.
Step 4 – Purchase Binance Coin (BNB) As soon as you've located (BNB) Binance Coin, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the recent price (BNB) Binance Coin was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of BNB you wish to buy. The “Total” field is the total price in BTC that you'll settle for the complete quantity of BNB. If you're happy, make a mouse click on “Buy BNB”. Your plan will be filled when a Seller trades their BNB for the price you gave.
Step 5 – Withdraw (BNB) Binance Coin Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your (BNB) Binance Coin, hover over the “Funds” tab and 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. Put into the quantity of (BNB) Binance Coin you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.