How to Buy Binance Coin (BNB) in Sierra Leone

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

Step 1 – Join Kraken

You will first need to buy units of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and to get your welcome Ethereum or Bitcoin.

Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate Binance Coin (BNB)

As soon as your deposit has been verified, you'll directly have access to your assets and you can commence invest and trading. To buy Binance Coin (BNB) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

To spot Binance Coin (BNB), you will 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 too. Click on “BNB/BTC” to go ahead.

Step 4 – Buying Binance Coin (BNB)

As soon as you have discovered Binance Coin (BNB), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest price Binance Coin (BNB) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of BNB you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole amount of BNB.

If you're 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 gave.

Step 5 – Withdraw Binance Coin (BNB)

Unless you're regularly trading, never keep your crypto on an Crypto Trader for an longer time frame. To take off your (BNB) Binance Coin, go to the “Funds” tab and mouse click on “Withdraw”. Binance Coin (BNB) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNB) Binance Coin by using the given drop-down box. Drop in the volumen of (BNB) Binance Coin you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Kudos! You have successfully purchased and stored (BNB) Binance Coin in Sierra Leone.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (BNB) Binance Coin is safe inside your wallet, you are finished.