A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Mongolia
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Binance Coin (BNB) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Binance Coin (BNB) As soon as your deposit has been affirmed, you will now have access to your funds and you can begin invest and trading. To buy Binance Coin (BNB) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To discover (BNB) Binance Coin, you will need to put the cointype (BNB) into the search-box, which is highlighted in the image. Make sure you have selected the right grouping, we have marked this also. Click on “BNB/BTC” to proceed.
Step 4 – Buy Binance Coin (BNB) After you have spotted Binance Coin (BNB), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff (BNB) Binance Coin was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of BNB you wish to buy. The “Total” field is the aggregated price in BTC that you'll settle for the complete amount of BNB. If you are satisfied, click on “Buy BNB”. Your plan will be filled as soon as a Vendor sells their BNB for the price you submitted.
Step 5 – Withdraw (BNB) Binance Coin Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer time period. To withdraw your (BNB) Binance Coin, hover over the tab called “Funds” and click on “Withdraw”. Binance Coin (BNB) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Binance Coin (BNB) by using the given drop-down box. Enter the amount of (BNB) Binance Coin you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.