How to Buy Binance Coin (BNB) in Turkey

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

Step 1 – Join Kraken

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

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader 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 illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Binance Coin (BNB)

As soon as your deposit has been affirmed, you will directly have access to your funds and you can commence purchasing and trading. To purchase Binance Coin (BNB) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

In order to locate Binance Coin (BNB), you will need to put the short name of the asset (BNB) into the search box, which is marked in the picture. Be certain of having choosen the right pairing, we've marked this also. Click on “BNB/BTC” to go ahead.

Step 4 – Buying Binance Coin (BNB)

As soon as you have found (BNB) Binance Coin, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our Limit Order.

The field with the “Price” tag will be filled with the most up-to-date rate Binance Coin (BNB) was sold for. You can change this to your favoured price. The “Amount” field is the volumen of BNB you like to buy. The “Total” field is the total price in BTC that you will settle for the whole quantity of BNB.

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

Step 5 – Withdraw Binance Coin (BNB)

Unless you're regularly trading, best advise is not to keep coins on an Crypto Exchange for an extended time frame. In order to take off your (BNB) Binance Coin, hover over the “Funds” tab and mouse click on “Withdraw”. (BNB) Binance Coin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Binance Coin (BNB) by using the given drop-down box. Put into the amount of Binance Coin (BNB) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you're glad, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.

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

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Binance Coin (BNB) is stored in your wallet, you are done.