How to Buy Binance Coin (BNB) in Colombia

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

Step 1 – Join CoinbaseGet Free $10

You'll first need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting your first $10.

Step 2 – Transfer Your Funds to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Binance Coin (BNB) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find (BNB) Binance Coin

As soon as your deposit has been verified, you'll directly have access to your funds and you can begin invest and trading. To purchase (BNB) Binance Coin on Binance, you will want to hover over theExchangetab and after that click onBasic”.

In order to locate Binance Coin (BNB), you will need to put the cointype (BNB) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this too. Click onBNB/BTCto advance.

Step 4 – Purchase (BNB) Binance Coin

As soon as you have located Binance Coin (BNB), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our own Limit Order.

ThePricefield will be filled automatically with the latest valuation Binance Coin (BNB) was traded for. This can be changed to your favoured rate. The field with theAmounttag is the amount of BNB you wish to buy. The field with theTotaltag is the aggregated price in Bitcoin that you will settle for the complete amount of BNB.

If you are happy, click onBuy BNB”. Your order will be filled as soon as a Seller trades their BNB for the price you introduced.

Step 5 – Withdraw Binance Coin (BNB)

Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Binance Coin (BNB), go to the tab calledFundsand click onWithdraw”. (BNB) Binance Coin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNB) Binance Coin by using the provided drop-down box. Put into the volumen of (BNB) Binance Coin you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

If you're glad, click onSubmit”. You could be asked for phone/email verification before a take off.

Congrats! You have successfully purchased and stored (BNB) Binance Coin in Colombia.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Binance Coin (BNB) is safe inside your wallet, you're done.