A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Oman
Step 1 – Signup to Kraken You will first need to purchase one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and receive your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Binance Coin (BNB) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (BNB) Binance Coin As soon as your deposit has been verified, you'll instantly have access to your funds and you can begin invest and trading. To invest in Binance Coin (BNB) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to locate (BNB) Binance Coin, you'll need to insert the cointype (BNB) into the search box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've marked this too. Click on “BNB/BTC” to continue.
Step 4 – Acquisition of (BNB) Binance Coin Once you've spotted (BNB) Binance Coin, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most latest price Binance Coin (BNB) was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of BNB you like to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the whole amount of BNB. If you are glad, click on “Buy BNB”. Your plan will be filled when a Vender sells their BNB for the price you offered.
Step 5 – Withdraw (BNB) Binance Coin Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Binance Coin (BNB), hover over the tab called “Funds” and 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. Drop in the quantity of Binance Coin (BNB) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.