How to Buy Binance Coin (BNB) in Taiwan

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

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting your first $10.

Step 2 – Send Your Funds to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an 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. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have selected the right 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 are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate Binance Coin (BNB)

Once your deposit has been affirmed, you will now have access to your funds and you can initiate buying and trading. To invest in Binance Coin (BNB) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to spot Binance Coin (BNB), you'll need to put the shortname of the coin (BNB) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we've marked this also. Click on “BNB/BTC” to go on.

Step 4 – Buy (BNB) Binance Coin

Once you have located Binance Coin (BNB), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we are creating our Limit Order.

The field with the “Price” tag will be filled with the most recent tariff Binance Coin (BNB) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of BNB you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete quantity of BNB.

If you're glad, make a mouse click on “Buy BNB”. Your plan will be filled as soon as a Vendor sells their BNB for the price you introduced.

Step 5 – Withdraw Binance Coin (BNB)

Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time period. In order to take off your (BNB) Binance Coin, go to the “Funds” tab and click on “Withdraw”. Binance Coin (BNB) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BNB) Binance Coin by using the given drop-down box. Enter the volumen of (BNB) Binance Coin you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

When you are happy, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Congratulations! You've successfully purchased and safed Binance Coin (BNB) in Taiwan.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the Binance Coin (BNB) is safe in your wallet, you are all done.