How to buy binance: Buy Binance-Coin BNB Step by step guide for buying BNB

How to buy binance

After you buy Binance Coin, you can transfer it to anyone across the globe, as long as you know their Binance Coin wallet address. There is a growing number of charities that accept donations in Binance Coin and cryptocurrency. Convert your Binance Coin to another cryptocurrency directly in your wallet or by using a DeFi application. MoonPay follows strict security measures to ensure you have a safe Binance Coin purchase. Discover trading opportunities across markets with our Advanced Trading interface.

To buy Binance-Coin on exchanges, you’ll first need to create and validate your account by giving some personal information data. Once approved by the exchange, you’ll be able to start buying Binance-Coin. Although some exchanges allow you to use credit cards, we caution you against this funding method. Credit card issuers view cryptocurrency trades as cash advances, so you’ll incur higher fees and annual percentage rates (APRs). And borrowing money to invest is risky, particularly when trading cryptocurrency, and you could end up in debt. Not all crypto exchanges offer BNB trading, so do some homework to find a cryptocurrency exchange that does.

How to buy binance

Learn the basics so you can start your crypto journey with confidence. Purchase Binance Coin in more than 150 countries using the local currency of your bank account. Binance will continue this process every quarter until it destroys 100 million Binance Coins—approximately 50% of the supply.

Secure

Despite Binance’s popularity, Binance Coin is not available on all exchanges. Even popular exchanges like Kraken and Gemini don’t offer BNB trading. Fast delivery, good online tutorials, the cold wallet has support for multiple apps and also supports ‘staking’ using Ledger Live. Simply send your Binance-Coin from the exchange to your Binance-Coin address by using a compatible third party wallet.

How to buy binance

Start staking ETH, BNB, ADA, and 25+ Proof-of-Stake cryptocurrencies. Support your favorite projects and help secure their blockchain network. Buy Binance Coin instantly with a credit or debit card, bank transfer, Apple Pay, Google Pay, and more. Binance Coin is the cryptocurrency coin that powers the Binance ecosystem. BNB was launched in 2017—initially on the Ethereum blockchain—with an initial coin offering, or ICO, of 100 million tokens at 15 cents per token.

Holding the private keys gives you access to your crypto, like holding a pin code to your debit card; in short it gives you access to your funds. Binance Coin (BNB), is a utility token for trade discounts on Binance, the largest crypto exchange. It’s also used as “gas” for the Binance Smart Chain, a blockchain network built to run smart contracts. When you’ve found an exchange, you can fund your account with a debit card, credit card or electronic bank transfer. Binance Coin holders can use the tokens to receive discounts on Binance crypto exchange transaction fees. It can also be used to trade for other cryptocurrencies, such as Bitcoin, Dogecoin or Litecoin.

Join millions of traders on the best crypto platform for low fees. Sign up today and buy your first crypto in as little as 2 minutes. All crypto rewards passed onto you are generated by the protocols underlying each token eligible for staking. Use your Binance Coin to purchase goods and services from any participating merchant that accepts Binance Coin and cryptocurrency.

Build Your Portfolio With Staking

After you buy Binance Coin, you can transfer it to anyone across the globe, as long as you know their %name% wallet address. Store your newly purchased Binance Coin in your preferred wallet There are many custodial and non-custodial wallets to choose from. Although BNB is popular, think carefully before investing your money in the token—or any cryptocurrency. Cryptocurrencies can be volatile, with steep price increases and decreases. Set an investing budget for yourself and only risk money you don’t need for essential expenses. Binance.US users also receive a 25% discount on trading costs when using BNB to pay fees.

Being a crypto investor requires taking security seriously and owning your private keys gives you much more power and control. The main principle behind hardware wallets is to provide full isolation between the private keys and your easy-to-hack computer or smartphone. The only people you can trust for storing your crypto assets is yourself. Binance-Coin can be purchased on crypto exchanges by using fiat currencies. You can buy Binance-Coin via Credit/Debit card or Bank Transfer directly on the exchange.

DeFi on BSC

Enter Binance Coin’s ticker symbol—BNB—and the amount you want to invest, such as $50. Most exchanges allow you to choose between market and limit orders at the time of the transaction. Use Pay on the Binance.US app to send, request, and receive crypto instantly with zero transaction fees. Use your Binance Coin to purchase goods and services from any participating merchant that accepts %name% and cryptocurrency. Easily migrate your funds from an exchange to your hardware wallet through Ledger Live or one of our third party wallet.

A Binance-Coin wallet helps you protect your private key, not storing your Binance-Coin. If you are fairly new to cryptocurrencies you might still be struggling with the concept of private key and why it’s so important. Perhaps you just get into cryptocurrency by purchasing coins on an exchange platform but didn’t even realize that they hold the private keys to your cryptocurrency. Make smarter trades with deep liquidity, powerful charting capabilities, and ultra-low fees you won’t find on other crypto exchanges. You can buy Binance-Coin with a credit or debit card on a crypto exchange like Coinbase or Coinmama. You’ll need to create a Binance-Coin wallet (an account) and get it approved before being able to buy.

  • Binance-Coin can be purchased on crypto exchanges by using fiat currencies.
  • Discover trading opportunities across markets with our Advanced Trading interface.
  • Convert your Binance Coin to another cryptocurrency directly in your wallet or by using a DeFi application.
  • Binance Coin holders can use the tokens to receive discounts on Binance crypto exchange transaction fees.
  • You can buy Binance-Coin with a credit or debit card on a crypto exchange like Coinbase or Coinmama.
  • All crypto rewards passed onto you are generated by the protocols underlying each token eligible for staking.

Our hardware wallets are compatible with more than 1500+ different assets, including Bitcoin, Ethereum, Ripple and many more. Crypto are sensitive assets and deserve the best security solution. Our hardware wallets let you take control of your assets, with the highest security standards.

To buy cryptocurrency, you first need an account with a cryptocurrency exchange—a platform that facilitates crypto trades. Binance is one of the top cryptocurrency exchanges in the world, facilitating 1.4 million transactions per second. Binance Coin (BNB) is the exchange’s native token, which is currently the fifth-largest crypto by market cap. Binance Coin (BNB) is the native cryptocurrency of cryptocurrency exchange behemoth, Binance, which currently runs on its Binance Chain blockchain.

Buy, Sell & Trade Cryptocurrencies

This strategy is designed to make the supply of BNB more exclusive and valuable. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.

Recently purchased the Nano Ledger X, and the simple, easy-to-use interface helped me to easily transfer my Bitcoins from Coinbase. Products like the Nano Ledger X will help cryptos such as Bitcoin become adopted the broader society. Once your account is funded, enter the exchange’s trading platform.