A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Saint Helena
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and to get your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has 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 will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate (BNB) Binance Coin As soon as your deposit has been approved, you will directly have access to your finances and you can commence purchasing and trading. To buy Binance Coin (BNB) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find 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 right grouping, we have highlighted this also. Click on “BNB/BTC” to continue.
Step 4 – Buy (BNB) Binance Coin After you've found (BNB) Binance Coin, you'll be presented with a Price Chart (in the Center of the picture) and a few 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 recent price Binance Coin (BNB) was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of BNB you want to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the complete volumen of BNB. When you are glad, make a mouse click on “Buy BNB”. Your order will be filled as soon as a Vender trades their BNB for the price you offered.
Step 5 – Withdraw (BNB) Binance Coin Unless you are trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. To withdraw your Binance Coin (BNB), hover over the tab called “Funds” and mouse click on “Withdraw”. Binance Coin (BNB) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BNB) Binance Coin by using the provided drop-down box. Drop in the amount of Binance Coin (BNB) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.