A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Saint Lucia
Step 1 – Join Kraken You will first need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Binance Coin (BNB) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (BNB) Binance Coin Once your deposit has been verified, you will immediately have access to your funds and you can launch purchasing and trading. To purchase Binance Coin (BNB) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate Binance Coin (BNB), you'll need to insert the short name of the asset (BNB) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “BNB/BTC” to continue.
Step 4 – Acquisition of (BNB) Binance Coin 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 (on the Left of the picture). And now we're going to make our Limit Order. The “Price” field will be automatically filled with the most recent valuation (BNB) Binance Coin was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of BNB you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of BNB. If you are happy, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Seller trades their BNB for the price you introduced.
Step 5 – Withdraw Binance Coin (BNB) Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time frame. To take off your (BNB) Binance Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. (BNB) Binance Coin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Binance Coin (BNB) by using the given drop-down box. Drop in the amount of (BNB) Binance Coin you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.