The transaction will process immediately and the BNB tokens will be deposited into your [Fiat and Spot] wallet. Your newly-linked card will be listed by default on the payment page and preselected. Click on the [Continue] button to proceed to the confirmation page.
That is unless you utilize the free demo facility available at eToro to get to know the platform first. If you lack the time to read this entire guide on how to buy Binance Coin in the UK, below you will see a quickfire walkthrough to get you started. Even if you don’t think BNB has a bright future ahead of it, you might still find some value in it through the discounted fees it offers. For investment purposes only you can use eToro and skip all three steps. Integrating Changelly services into Trezor Wallet’s exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.
Below is a list of our carefully selected trading platforms and crypto exchanges that you can use to buy BNB. As a native token for the largest crypto ecosystem, BNB is an extremely sought-after asset that is worth including in a crypto investment portfolio. You can get additional utility with some of the available options listed above, such as stalking with Trust Wallet or Ledger wallets. Trust Wallet probably has the most amount of features adopted from Binance exchange, making it a solid choice for holding your BNB outside the parent trading platform. If this is your first time using Binance or the credit/debit purchase option, you will need to link your payment card to Binance.
The Cost of Buying Binance Coin
See our pricing page to see the different limits to buy crypto by bank transfer, by card, with or without KYC. If you buy Binance Coin via a top-rated broker like eToro, you can head over to your account portfolio, select the asset, and cash out your investment with a sell order. Binance Coin has skyrocketed since its creation in 2017, starting at a price of around $0.10 and reaching an all-time high of $676.62 in 2021.
We are an affiliated financial intermediary, which means that our processes are regularly audited by an external and independent entity. The convenient way to buy Binance Coin in the UK is to sign up with a respected online broker that is regulated by a major body such as the FCA. You can then complete your registration by uploading ID and funding your account. As we mentioned, it was initially part of the Ethereum network, which put it in good stead.
The wallet also has an exchange for users who want to swap BNB for other cryptos and vice versa. 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. Confirm your payment and have your purchased cryptocurrency delivered to your crypto wallet in several minutes. Buy Binance Coin instantly with a credit or debit card, bank transfer, Apple Pay, Google Pay, and more.
Centralised exchanges are trading platforms that take custody of your coins on your behalf in the same way a bank may with your money. These often take the form of a regular business and can increase the risk of crypto loss if anything were to happen to the company. When you want to sell cryptocurrencies instead, you can proceed to convert your crypto to GBP and then withdraw to your bank. For most cryptocurrencies, you will be better off holding the assets in an external wallet where you are guaranteed better safety. However, BNB has more utility within the Binance ecosystem, and you may find that holding your tokens in your exchange account is the best option. Before utilizing what you’ve learned in this how to buy Binance Coin in the UK guide – open your eyes to the fees involved.
When it comes to the storage of your purchase, if you don’t have a crypto wallet already, the best option is probably eToro. Furthermore, you will not pay commission to buy Binance Coin, and you may add funds to your account using credit/debit cards, bank transfers, or e-wallets like PayPal. Non-US residents can opt for a bank transfer, without paying any fees.
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79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Once your account is funded, enter the exchange’s trading platform. 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. Credit or debit card payment is one of the effortless ways to buy BNB and other cryptocurrencies in a fast and secure manner.
Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions.
Most significantly, in the US eToro is registered with FinCEN and a member of FINRA and SIPC. This regulation ensures your Binance Coin and other investments are safe. It’s a super user-friendly platform with a set of trading tools that make it the ideal choice for investors of all experience levels.
With a trading platform, storage wallet, and staking service, eToro is the best choice for crypto and investing. One unique aspect of eToro is its CopyTrader feature which allows you to copy the trades of professional traders, perfect for those new to the industry or who want a hands-off experience. Follow these simple steps to buy some Binance Coin tokens on Trust Wallet using a credit or debit card.
Other options include debit and credit cards and third-party options such as Simplex. You can choose stable coins like USDT and fiat currencies, US dollars, and euros, amongst others. This how to buy Binance Coin in the UK guide found over 500 currencies here. This includes Ripple, Bitcoin,, Shibu Inu, Ethereum, Polkadot, Chainlink, and many more.
Coinbase’s user-friendly platform makes it a popular crypto exchange to buy Binance Coin for beginners and experienced investors. With diverse payment options including PayPal and a low minimum deposit of $2, buying BNB on Coinbase is accessible regardless of your financial situation. Generally speaking, the safest place to trade and invest in digital assets is via a respected cryptocurrency broker. The reason is – rather than having to go over to an exchange and find someone who wants to trade with you, you can go to the brokerage directly.
- This means ensuring you feel safe using the platform by looking for a licensed, or at least well-known, provider.
- Apple Pay and Google Pay are the quickest ways to buy BNB with a credit or a debit card from your iOS or Android device.
- The two main wallets offered are the TREZOR One and the TREZOR Model T. The Model T is the newer, more advanced wallet with a built in touch screen.
With that said, you can sign up with the provider most suitable for you and take this as a general guide. For example, if they allocate 2% of their trading capital to a Binance Coin buy order, this will be replicated in your portfolio – in proportion to the amount you invested. You can choose to mirror all existing open trades or just start from the date you invest in the trader you want to copy. You may also look to try CryptoPortfolio, much in the same way. This is an investment product that consists of a portfolio of the top crypto-assets – balanced by market cap.
Step 2 – Navigate to the crypto purchase page.
Meanwhile, others will opt to invest in Binance Coin for the long term with a view to seeing the value of their investment increase over time. Users can set up recurring buys or even stake their crypto, a unique feature not all platforms offer. Setting up recurring buys can be especially useful if you want to utilise the Dollar-Cost Averaging (DCA) investment strategy. On top of being able to buy Binance Coin, eToro also has a large selection of other cryptocurrencies to trade. With over 60 different cryptos, it’s a great platform to diversify your risk and build a portfolio. Additionally, you can trade stocks, forex, and ETFs, making it a suitable platform for those that want to invest in various asset types.
If you are a PayPal user researching how to buy Binance Coin in the UK – you will probably notice that not many providers accept this method. If this sounds like you, you may want to consider the top-rated platform eToro. The reason is, like in the case of ATM withdrawals, many credit card providers see buying cryptocurrencies as a cash advance – and will charge that fee accordingly. Again, you must also validate your ID before learning how to buy Binance Coin with this form of payment. Although BNB is popular, think carefully before investing your money in the token—or any cryptocurrency.
Countries and regions you can buy BNB
BNB is a cryptocurrency token native to the Binance ecosystem. As mentioned earlier, you will be required to provide an email address and details on your payment card to initiate the transaction. Once you are done, confirm the transaction and authorize the purchase. In the next screen, Trust Wallet will prompt you to input the amount of BNB tokens you wish to purchase denominated in your preferred fiat currency.
Fast forward to 2021 and this digital currency continues to climb the pricing charts. In other words – unregulated exchanges have no one to answer to, so may conduct business how they wish. Another point when thinking about how to buy Binance Coin in the UK is storage. Of course, before thinking about how to buy Binance Coin in the UK – you need to add some funds to your account.
With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency. A number of investors look to capitalise on the volatility of Binance Coin’s price by trading it on exchanges. This strategy comes with the possibility of producing large profits by using financial instruments such as leveraging or options trading.
As soon as the payment goes through, your coins will be credited to your wallet address. However, Binance Coin is particularly appealing for investors because it can be staked or “loaned out” for some of the most incentivising interest rates in the crypto space. Staking is part and parcel of blockchains like BSC that use the Proof of Stake (PoS) model. This allows users to enhance the security of a blockchain by lending out their tokens in return for rewards. On eToro, you can buy BNB with a minimum deposit of $10 (around £8), making it a suitable choice for new investors that are just beginning their investing careers. Along with a low minimum deposit, eToro has recently introduced a standard transparent fee of 1% for all cryptoassets.
This platform also has a new Trust Wallet app which is powered by Blockchain and features easy access to decentralized apps, advanced security, and an easy-to-navigate interface. The free application is also compatible with various other cryptocurrencies and you can deposit or buy Binance Coin in the UK directly. You may also be interested in earning daily rewards in BNB coins – at up to 30%+ APY. As Binance grows in popularity, BNB will probably appreciate as well. Unlike most other “utility tokens” out there, BNB gives real value to Binance users in the form of saving on trading fees.
Binance Coin is not just the native cryptocurrency inside this expanding ecosystem, but its applications have also multiplied tremendously. This guide found that the best place to buy Binance Coin in the UK is eToro. This broker is well known and is regulated by three different bodies.