A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Saint Vincent And The Grenadines
Step 1 – Signup to Kraken You will first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and receive your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange 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. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (BNB) Binance Coin Once your deposit has been verified, you will directly have access to your funds and you can commence invest and trading. To invest in Binance Coin (BNB) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. In order to locate (BNB) Binance Coin, you will need to insert the cointype (BNB) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “BNB/BTC” to proceed.
Step 4 – Acquisition of (BNB) Binance Coin As soon as you've found Binance Coin (BNB), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be filled with the most recent rate (BNB) Binance Coin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of BNB you want to buy. The “Total” field is the whole price in Bitcoin that you'll settle for the whole amount of BNB. If you're satisfied, click on “Buy BNB”. Your order will be filled when a Seller sells their BNB for the price you offered.
Step 5 – Withdraw Binance Coin (BNB) Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an longer time period. To withdraw your Binance Coin (BNB), go to the “Funds” tab and mouse click on “Withdraw”. Binance Coin (BNB) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BNB) Binance Coin by using the given drop-down box. Drop in the quantity of (BNB) Binance Coin you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.