A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Switzerland
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum has 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 will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're 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 confirmed, you'll instantly have access to your assets and you can initiate buying and trading. To invest in Binance Coin (BNB) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate Binance Coin (BNB), you'll need to insert the short name of the asset (BNB) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we've marked this too. Click on “BNB/BTC” to continue.
Step 4 – Buying (BNB) Binance Coin Once you have discovered (BNB) Binance Coin, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order. The “Price” field will be filled automatically with the latest price (BNB) Binance Coin was sold for. You can change this to your desired rate. The “Amount” field is the quantity of BNB you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of BNB. When you are glad, make a mouse click on “Buy BNB”. Your order will be filled as soon as a Vender sells their BNB for the price you gave.
Step 5 – Withdraw Binance Coin (BNB) Unless you are trading, best advise is not to keep coins on an Crypto Exchange for an longer period of time. To withdraw your Binance Coin (BNB), hover over the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Binance Coin (BNB) by using the given drop-down box. Put into the quantity of (BNB) Binance Coin you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you're satisfied, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.