How to Buy Binance Coin (BNB) in Seychelles

A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Seychelles

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Binance Coin (BNB) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you've selected the right coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (BNB) Binance Coin

Once your deposit has been confirmed, you'll instantly have access to your assets and you can initiate buying and trading. To buy (BNB) Binance Coin on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To spot (BNB) Binance Coin, you will need to put the cointype (BNB) into the search-box, which is highlighted in the picture. Be certain of having selected the correct grouping, we have marked this too. Click on “BNB/BTC” to go ahead.

Step 4 – Buy (BNB) Binance Coin

Once you've located Binance Coin (BNB), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we are going to make our Limit Order.

The “Price” field will be filled with the latest valuation (BNB) Binance Coin was traded for. You can change this to your favoured rate. The “Amount” field 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 quantity of BNB.

If you're satisfied, click on “Buy BNB”. Your plan will be filled as soon as a Vender trades their BNB for the price you submitted.

Step 5 – Withdraw Binance Coin (BNB)

Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extensive period of time. To take off your (BNB) Binance Coin, go to the tab called “Funds” and mouse click on “Withdraw”. (BNB) Binance Coin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNB) Binance Coin by using the given drop-down box. Drop in the volumen of Binance Coin (BNB) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congratulations! You've successfully bought and stored (BNB) Binance Coin in Seychelles.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (BNB) Binance Coin is stored inside your wallet, you're done.