How to Buy Binance Coin (BNB) in Sweden

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

Step 1 – Join Kraken

In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and getting your first BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Binance Coin (BNB) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Binance Coin (BNB)

As soon as your deposit has been approved, you'll instantly have access to your finances and you can launch invest and trading. To invest in (BNB) Binance Coin on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To locate (BNB) Binance Coin, you'll need to put the cointype (BNB) into the search box, which is highlighted in the image. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “BNB/BTC” to continue.

Step 4 – Acquisition of Binance Coin (BNB)

After you have spotted (BNB) Binance Coin, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are making our Limit Order.

The “Price” field will be filled with the up-to-date price (BNB) Binance Coin was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of BNB you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of BNB.

If you are satisfied, make a mouse click on “Buy BNB”. Your plan 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, best advise is not to keep crypto on an Exchange for an longer time frame. To withdraw your Binance Coin (BNB), go to the “Funds” tab and click on “Withdraw”. Binance Coin (BNB) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Congratulations! You have successfully purchased and stored Binance Coin (BNB) in Sweden.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the (BNB) Binance Coin is stored in your wallet, you're done.