How to Buy Binance Coin (BNB) in Solomon Islands

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive your first Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has 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 Exchange? (Follow this manual)

Make sure you've selected the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate (BNB) Binance Coin

As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can begin purchasing and trading. To purchase Binance Coin (BNB) on Binance, you'll want to go to the “Exchange” tab and click on “Basic”.

To discover (BNB) Binance Coin, you will need to insert the shortname of the coin (BNB) into the search box, which is marked in the graphic. Make sure you have selected the right pairing, we have highlighted this too. Click on “BNB/BTC” to progress.

Step 4 – Purchasing (BNB) Binance Coin

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

The “Price” field will be filled with the latest valuation Binance Coin (BNB) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of BNB you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of BNB.

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

Step 5 – Withdraw Binance Coin (BNB)

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

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

When you're happy, click “Submit”. You could be requested for email/phone verification before a take off.

Kudos! You have successfully purchased and stored Binance Coin (BNB) in Solomon Islands.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (BNB) Binance Coin is safe within your wallet, you're all done.