A Step-by-Step-Guide on how to buy Binance Coin (BNB) in Tuvalu
Step 1 – Signup to Kraken You'll first need to buy one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get your welcome Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need 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 example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Binance Coin (BNB) As soon as your deposit has been confirmed, you will immediately have access to your finances and you can begin purchasing and trading. To invest in Binance Coin (BNB) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To find (BNB) Binance Coin, you will 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 right grouping, we have marked this too. Click on “BNB/BTC” to proceed.
Step 4 – Acquisition of Binance Coin (BNB) As soon as you've found (BNB) Binance Coin, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be filled with the up-to-date valuation Binance Coin (BNB) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of BNB you want to buy. The “Total” field is the whole price in Bitcoin that you will settle for the whole amount of BNB. When you're glad, make a mouse click on “Buy BNB”. Your order will be filled when a Vender sells their BNB for the price you offered.
Step 5 – Withdraw Binance Coin (BNB) Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. In order to take off your (BNB) Binance Coin, go to the tab called “Funds” and mouse click on “Withdraw”. (BNB) Binance Coin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Binance Coin (BNB) by using the provided drop-down box. Put into the amount of Binance Coin (BNB) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.