How to Buy Binance Coin (BNB) in Portugal

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

Step 1 – Signup to Kraken

You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive your welcome Bitcoin or Ethereum.

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Binance Coin (BNB) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've selected the correct coin you want to deposit.

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

Step 3 – Locate (BNB) Binance Coin

Once your deposit has been confirmed, you'll now have access to your finances and you can start invest and trading. To buy (BNB) Binance Coin on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to spot Binance Coin (BNB), you'll need to insert the cointype (BNB) into the search box, which is highlighted in the picture. Be certain of having selected the proper pairing, we've highlighted this too. Click on “BNB/BTC” to progress.

Step 4 – Acquisition of Binance Coin (BNB)

Once you've discovered 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 picture). For now we're creating our Limit Order.

The “Price” field will be filled with the up-to-date rate (BNB) Binance Coin was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of BNB you like to buy. The “Total” field is the aggregated price in BTC that you will pay for the whole quantity of BNB.

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

Step 5 – Withdraw Binance Coin (BNB)

Unless you are trading, never keep your coins on an Crypto Trader for an longer period of time. 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 example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BNB) Binance Coin by using the provided drop-down box. Drop in the amount of Binance Coin (BNB) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you're glad, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Congrats! You have successfully purchased and stored (BNB) Binance Coin in Portugal.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the (BNB) Binance Coin is stored inside your wallet, you are all done.