How to Buy Binance Coin (BNB) in West Bank

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

Step 1 – Join Kraken

You will first need to buy units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find Binance Coin (BNB)

As soon as your deposit has been verified, you'll immediately 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 tab which is called “Exchange” and after that click on “Basic”.

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

Step 4 – Acquisition of Binance Coin (BNB)

Once you have located Binance Coin (BNB), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're making our Limit Order.

The “Price” field will be filled automatically with the most recent price Binance Coin (BNB) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of BNB you like to buy. The “Total” field is the aggregated price in BTC that you'll settle for the complete quantity of BNB.

When you're satisfied, click on “Buy BNB”. Your plan will be filled when a Vender trades 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 coins on an Crypto Trader for an extensive period of time. To withdraw your (BNB) Binance Coin, go to the “Funds” tab and click on “Withdraw”. (BNB) Binance Coin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Binance Coin (BNB) by using the given drop-down box. Drop in the volumen of (BNB) Binance Coin you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, click on “Submit”. You may be asked for email/phone verification before a withdrawal.

Congratulations! You have successfully bought and stored Binance Coin (BNB) in West Bank.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Binance Coin (BNB) is stored inside your wallet, you are done.
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