How to Buy Binance Coin (BNB) in Slovakia

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

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting your first 10$.

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you have selected the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find (BNB) Binance Coin

Once your deposit has been affirmed, you'll directly have access to your finances and you can start buying and trading. To invest in Binance Coin (BNB) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to find Binance Coin (BNB), you will need to put the shortname of the coin (BNB) into the search-box, which is marked in the graphic. Be certain of having choosen the right grouping, we've marked this also. Click on “BNB/BTC” to go on.

Step 4 – Acquisition of Binance Coin (BNB)

As soon as you have spotted Binance Coin (BNB), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order.

The “Price” field will be automatically filled with the most up-to-date price (BNB) Binance Coin was sold for. This can be changed to your desired rate. The “Amount” field is the quantity of BNB you wish to buy. The “Total” field is the total price in BTC that you will settle for the complete volumen of BNB.

If you are happy, make a mouse click on “Buy BNB”. Your plan will be filled when a Seller sells their BNB for the price you offered.

Step 5 – Withdraw (BNB) Binance Coin

Unless you are trading, best advise is not to keep crypto on an Exchange for an longer period of time. To withdraw your Binance Coin (BNB), go to the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Binance Coin (BNB) by using the provided drop-down box. Drop in the volumen of (BNB) Binance Coin you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

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

Congrats! You've successfully bought and stored Binance Coin (BNB) in Slovakia.

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the Binance Coin (BNB) is stored inside your wallet, you're done.