How to Buy Binance Coin (BNB) in Seychelles

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

Step 1 – Signup to Coinbase – Get Free $10

You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and receive your first 10 Dollar.

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. 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 Crypto Exchange? (Follow this manual)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find (BNB) Binance Coin

Once your deposit has been affirmed, you'll instantly have access to your assets and you can initiate invest and trading. To buy Binance Coin (BNB) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

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

Step 4 – Buying Binance Coin (BNB)

After you've spotted Binance Coin (BNB), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to make our Limit Order.

The “Price” field will be filled automatically with the recent price Binance Coin (BNB) was sold for. This can be changed to your preferred price. The “Amount” field is the quantity of BNB you like to purchase. The “Total” field is the total price in Bitcoin that you will settle for the whole quantity of BNB.

If you are happy, click on “Buy BNB”. Your order will be filled as soon as a Seller sells their BNB for the price you submitted.

Step 5 – Withdraw Binance Coin (BNB)

Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an longer period of time. In order to withdraw your Binance Coin (BNB), 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 wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

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

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Binance Coin (BNB) is safe inside your wallet, you are all done.