How to Buy Binance Coin (BNB) in Virgin Islands

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

Step 1 – Join Kraken

You will first need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and to get your welcome Ethereum or Bitcoin.

Kraken Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Binance Coin (BNB) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have chosen the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Binance Signup

Step 3 – Locate Binance Coin (BNB)

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

In order to locate Binance Coin (BNB), you will need to insert the cointype (BNB) into the search box, which is marked in the picture. Make sure you have selected the proper grouping, we've marked this too. Click on “BNB/BTC” to go ahead.

Step 4 – Purchase Binance Coin (BNB)

As soon as you've found Binance Coin (BNB), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate (BNB) Binance Coin was traded for. This can be changed to your desired price. The “Amount” field is the amount of BNB you like to buy. The “Total” field is the total price in BTC that you will settle for the complete amount of BNB.

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

Step 5 – Withdraw (BNB) Binance Coin

Unless you are frequently trading, never keep your coins on an Crypto Trader for an extended time frame. To withdraw your (BNB) Binance Coin, hover over the tab called “Funds” and click on “Withdraw”. (BNB) Binance Coin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.

Congratulations! You've successfully purchased and stored Binance Coin (BNB) in Virgin Islands.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Binance Coin (BNB) is stored inside your wallet, you're finished.
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