A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Qatar
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and receive your first Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Binance Coin (BNB) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find (BNB) Binance Coin As soon as your deposit has been confirmed, you will now have access to your assets and you can begin invest and trading. To invest in Binance Coin (BNB) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. In order to locate Binance Coin (BNB), you'll need to put the cointype (BNB) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we have highlighted this also. Click on “BNB/BTC” to proceed.
Step 4 – Acquisition of (BNB) Binance Coin Once you've found (BNB) Binance Coin, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our Limit Order. The “Price” field will be filled automatically with the most recent rate (BNB) Binance Coin was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of BNB you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of BNB. If you're satisfied, click on “Buy BNB”. Your plan will be filled when a Seller sells their BNB for the price you gave.
Step 5 – Withdraw (BNB) Binance Coin Unless you are regularly trading, never keep your crypto coins on an Exchange for an extended time frame. In order to take off your (BNB) Binance Coin, hover over the tab called “Funds” and click on “Withdraw”. Binance Coin (BNB) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Binance Coin (BNB) by using the given drop-down box. Put into the quantity of (BNB) Binance Coin you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You may be requested for email/phone verification before a withdrawal.