A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Saint Barthelemy
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first Ethereum or Bitcoin.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Binance Coin (BNB) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find Binance Coin (BNB) Once your deposit has been approved, you will directly have access to your funds and you can commence invest and trading. To invest in (BNB) Binance Coin on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. In order to spot Binance Coin (BNB), you will 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 proper pairing, we have marked this also. Click on “BNB/BTC” to proceed.
Step 4 – Purchasing (BNB) Binance Coin Once you've discovered (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 image). And now we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the recent tariff (BNB) Binance Coin was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of BNB you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of BNB. If you're happy, click on “Buy BNB”. Your plan will be filled when a Seller sells their BNB for the price you gave.
Step 5 – Withdraw Binance Coin (BNB) Unless you are trading, best advise is not to keep your coins on an Crypto Trader for an extensive time period. In order to withdraw 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) Find (BNB) Binance Coin by using the provided drop-down box. Enter the quantity of (BNB) Binance Coin you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.