How to Buy Binance Coin (BNB) in Niue

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get your first Bitcoin (BTC) or Ethereum (ETH).

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

Your ETH (Ethereum) or BTC (Bitcoin) 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 will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

Make sure you've chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find Binance Coin (BNB)

Once your deposit has been approved, you'll instantly have access to your funds and you can start invest and trading. To buy Binance Coin (BNB) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To find (BNB) Binance Coin, you'll need to insert the cointype (BNB) into the search-box, which is marked in the image. Make sure you have choosen the right pairing, we've highlighted this also. Click on “BNB/BTC” to progress.

Step 4 – Buy (BNB) Binance Coin

As soon as you have spotted (BNB) Binance Coin, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to make our Limit Order.

The “Price” field will be automatically filled with the most up-to-date price Binance Coin (BNB) was sold for. This can be changed to your preferred price. The “Amount” field is the amount of BNB you want to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the complete volumen of BNB.

If you are glad, make a mouse click on “Buy BNB”. Your order will be filled when a Vender sells their BNB for the price you submitted.

Step 5 – Withdraw (BNB) Binance Coin

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time frame. To withdraw your (BNB) Binance Coin, go to the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNB) Binance Coin by using the provided drop-down box. Put into the amount of Binance Coin (BNB) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.

Congratulations! You have successfully bought and safed (BNB) Binance Coin in Niue.

That's it!

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