How to Buy Binance Coin (BNB) in Papua New Guinea

A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Papua New Guinea

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your first 10 Dollar.

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

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have selected the precise coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate Binance Coin (BNB)

Once your deposit has been confirmed, you will immediately have access to your funds and you can begin invest and trading. To invest in (BNB) Binance Coin on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”.

To discover Binance Coin (BNB), you'll need to put the shortname of the coin (BNB) into the search box, which is marked in the picture. Be certain of having selected the correct grouping, we have marked this also. Click on “BNB/BTC” to proceed.

Step 4 – Purchase Binance Coin (BNB)

Once you've located Binance Coin (BNB), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest rate Binance Coin (BNB) was traded for. You can change this to your preferred rate. The “Amount” field is the amount of BNB you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of BNB.

When you're happy, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Vender sells their BNB for the price you gave.

Step 5 – Withdraw Binance Coin (BNB)

Unless you are trading, never keep your coins on an Exchange for an extended time period. To take off your Binance Coin (BNB), go to the “Funds” tab and click on “Withdraw”. (BNB) Binance Coin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNB) Binance Coin by using the provided drop-down box. Enter the amount of (BNB) Binance Coin you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you are glad, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Congratulations! You've successfully bought and safed Binance Coin (BNB) in Papua New Guinea.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Binance Coin (BNB) is safe inside your wallet, you're all done.