A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Sint Maarten
Step 1 – Join Kraken You'll first need to buy units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your first Ethereum or Bitcoin.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Binance Coin (BNB) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (BNB) Binance Coin Once your deposit has been approved, you'll instantly have access to your funds and you can commence purchasing and trading. To buy Binance Coin (BNB) on Binance, you will want to go to the “Exchange” tab and click on “Basic”. In order to spot Binance Coin (BNB), you'll need to insert the cointype (BNB) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “BNB/BTC” to go ahead.
Step 4 – Buy Binance Coin (BNB) As soon as you have located Binance Coin (BNB), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be filled with the up-to-date tariff (BNB) Binance Coin was traded for. This can be changed to your desired price. The “Amount” field is the volumen of BNB you want to purchase. The “Total” field is the whole price in BTC that you will settle for the whole quantity of BNB. If you're glad, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Seller sells their BNB for the price you gave.
Step 5 – Withdraw (BNB) Binance Coin Unless you are frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extended time frame. To withdraw your (BNB) Binance Coin, go to the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BNB) Binance Coin by using the provided drop-down box. Put into the amount of (BNB) Binance Coin you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.