How to Buy Binance Coin (BNB) in Philippines

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

Step 1 – Join Kraken

You will first need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your first Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find Binance Coin (BNB)

Once your deposit has been verified, you will immediately have access to your assets and you can commence buying and trading. To buy (BNB) Binance Coin on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

To discover (BNB) Binance Coin, you'll need to put the shortname of the coin (BNB) into the search-box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have marked this too. Click on “BNB/BTC” to go on.

Step 4 – Purchasing (BNB) Binance Coin

As soon as you have located (BNB) Binance Coin, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are creating our Limit Order.

The field with the “Price” tag will be filled with the most recent price Binance Coin (BNB) was sold for. This can be changed to your favoured price. The “Amount” field is the amount of BNB you want to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the whole amount of BNB.

When you are satisfied, click on “Buy BNB”. Your order will be filled when a Vendor trades their BNB for the price you offered.

Step 5 – Withdraw (BNB) Binance Coin

Unless you are trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time period. To take off your Binance Coin (BNB), go to the tab called “Funds” and click on “Withdraw”. (BNB) Binance Coin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BNB) Binance Coin by using the given drop-down box. Put into the amount of Binance Coin (BNB) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you're happy, click “Submit”. You could be requested for verfication via phone/email before a take off.

Congrats! You have successfully bought and stored (BNB) Binance Coin in Philippines.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the Binance Coin (BNB) is stored inside your wallet, you are done.