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How to buy BNB(BNB) on Binance

Updated on: 2024-09-19 21:32:44(UTC+0)
In this tutorial we will talk about:
1
How to buy BNB(BNB)
2
How to redeem USDT with a credit card and then exchange it into BNB(BNB)
3
How to buy BNB(BNB)with a debit card
4
Buy BNB(BNB)Quickly
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What can you do with BNB
6
Market stats to help you decide if it is a good time to buy BNB
7
How to Safely Store Your BNB

How to buy BNB(BNB)

How to buy cryptocurrency on an exchange

Investing in BNB(BNB)has never been easier! Registering on an exchange, verifying your account, and paying via bank transfer, debit or credit card, paired with a secure cryptocurrency wallet, are the most widely accepted methods of acquiring cryptocurrencies. Here’s a how-to guide on how to buy cryptocurrency on an exchange.

Step 1: Register on Binance (click the link to register)

Step 2: Identity Verification—Submit KYC information to verify your identity

Please verify your identity to ensure full compliance and enhance your experience with complete identity verification. You can go to the identity verification page, fill in your country, upload your ID, and submit your selfie. You will receive a notification and once your ID has been successfully verified, you can start transactions by binding your bank card or credit card.

How to redeem USDT with a credit card and then exchange it into BNB(BNB)

Step1:Click to buy Crypto, first select your country, then click Card

Step2:Select Add Payment Method in the lower right corner and select the credit card applicable to you to fill in the information and bind it, for example: Wise, Visa, etc.

Step3:Click Trade and find the P2P option, select the corresponding payment method and select the appropriate merchant to complete the transaction.

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for BNB (BNB), and purchase it. Token.

How to buy BNB(BNB)with a debit card

Step1:CardClick to buy Crypto and select a card

Step2:Select Add Payment Method in the lower right corner, and select the debit card applicable to you to fill in the information and bind it, such as: Payeer, ABA bank, TowerBank, etc..

Step3:Click Trade and find the P2P option, select the corresponding payment method and select the appropriate merchant to complete the transaction.

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for BNB (BNB), and purchase it. Token.

Buy BNB(BNB)Quickly

Step1:Click to buy Crypto and select a card

Step2:Enter the amount of BNB(BNB)you want

Step3:Click p2p to purchase

Step 4: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for BNB (BNB), and purchase it. Token.

About Binance

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Binance

What Is Binance?

Binance is the world’s largest crypto exchange by trading volume, with $76 billion daily trading volume on Binance exchange as of August 2022, and 90 million customers worldwide. The platform has established itself as a trusted member of the crypto space, where users can buy, sell and store their digital assets, as well as access over 350 cryptocurrencies listed and thousands of trading pairs. The Binance ecosystem now comprises of Binance Exchange, Labs, Launchpad, Info, Academy, Research, Trust Wallet, Charity, NFT and more.

Who Are the Binance Founders?

The global company was co-founded in China by Changpeng Zhao and Yi He. A Chinese-Canadian developer and business executive, Changpeng Zhao, who goes by CZ, is the company's CEO. He studied at McGill University Montreal and had a successful track record as an entrepreneur. His past experiences include Head of Bloomberg Tradebook Futures Research & Development team, founder of Fusion Systems and Head of Technology at Blockchain.com.

Yi He is CMO at Binance and Head at Binance Labs, the company’s venture capital arm. Yi was previously Vice President at a leading mobile video tech company, Yixia Technology, and co-founder of digital asset exchange OKCoin.

When Did Binance Launch?

Binance was launched in June 2017, and within 180 days grew into the largest cryptocurrency exchange in the world.

Binance Restricted Countries

Under the Binance Terms of Use, restricted locations include the United States, Singapore and Ontario (Canada). However, some countries have restricted usage or features might be limited due to regulatory reasons, including but not limited to, China, Malaysia, Japan, UK and Thailand. Futures and derivatives products are also not available in Germany, Italy and The Netherlands. In September 2019, a separate dedicated platform for US clients, Binance.US, was launched.

How Much Are Binance Fees?

The platform is user-friendly and one of the cheapest with a huge selection of transaction types and an advanced set of trading tools for experienced investors. It charges based on a tiered system, from regular users to VIP 9. For regular users, a 0.10% maker taker fee is charged for spot trading. In July 2022, Binance announced zero-fee trading for BTC spot trading pairs, and in August for ETH/BUSD pair.

Is It Possible To Use Leverage or Margin Trading on Binance?

Traders can borrow funds and participate in margin trading on Binance Margin, which allows trading cryptocurrencies with up to 10X leverage. Users can also use derivatives products such as Binance Futures, settled in USDT, BUSD or other cryptocurrencies and Binance Options to leverage on their trades.

How to buy BNB in other countries?

Anywhere Binance exchange is available, you may easily purchase BNB (BNB) with the lowest costs and maximum security. To begin purchasing BNB in the country of your choice, enter your country's name in the search box below:

What can you do with BNB

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Store/Hold BNB
Many users hold on to their BNB with the expectation of it increasing in value. You can store your BNB safely on your Binance account or on our crypto wallet app Wallet, the most user-friendly and secure mobile wallet.
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Trade BNB
You can trade BNB for 150+ cryptocurrencies on Binance exchange's industry-leading, fast, and secure trading platform. Binance offers many trading pairs for BNB trading to meet your needs.
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Send BNB
Yes, Binance allows you to easily transfer value around the world, fast. You can buy BNB online and send to anyone and anywhere with their BNB address.
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Spend BNB
You can also buy goods and services with your BNB. More and more vendors and retailers accept BNB every day.
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Donate BNB
Binance accepts BNB donations from institutions to support global projects aimed at improving the lives of the underprivileged billion. You can donate BNB to ensure that no one misses out on the growth brought by blockchain.
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Learn More About BNB
You can read more in-depth articles on BNB from Binance Research and study how cryptocurrencies like BNB work on Binance Academy.

Market stats to help you decide if it is a good time to buy BNB

Perhaps all you need to know is more about it. Allow us to take you through some of the most fascinating Bitcoin Facts from Binance Academy articles in a quick manner. Find out now why people purchase BNB!

Launched in July 2017, Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind Binance’s name is to show this new paradigm in global finance — Binary Finance, or Binance.Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. BNB is an integral part of the successful functioning of many of the Binance sub-projects.Changpeng Zhao is the founder and CEO of Binance. In 2001, Zhao joined Bloomberg as head of tradebook futures development. He spent four years with the company and later joined Fusion Systems as a partner.Since 2013, Changpeng Zhao has been actively involved with blockchain technology and cryptocurrencies. He became head of development at Blockchain, and in 2015 he founded BijieTech. In 2017, Zhao officially launched Binance, and he has been the CEO of the company ever since.He Yi is a co-founder and chief marketing officer at Binance. She started her career as a TV anchor and presenter on China Travel TV in 2012. Later, in 2014, Yi co-founded OKCoin, which was the largest fiat-to-crypto exchange in China at the time. In 2017, she joined forces with Changpeng Zhao, and together they created the largest crypto exchange globally — Binance.Binance is a unique ecosystem of decentralized, blockchain-based networks. The company has grown to be the leading crypto exchange in a number of countries, and their side organizations are attracting significant interest as well.One of the biggest competitive advantages Binance has is its drive for development. While the company started only as a crypto exchange back in 2017, today, Binance has spread its services among numerous different spheres. According to the company website, its mission is to become the infrastructure services provider for the entire blockchain ecosystem.

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How to Safely Store Your BNB?

The Binance wallet offers the most reliable and industry-leading security for risk management, where BNB can be safely kept. To begin holding a BNB wallet, register on Binance exchange.

FAQ

Q
How do I purchase BNB?
A
Nowadays, you can purchase & store BNB hassle free on exchange. You can use your credit card, bank transfer or perform peer-to-peer trade to buy BNB. You can easily do it on your computer, tablet or iOS or Andriod phone.
Q
Can I buy $1 worth of BNB?
A
Typically, you can purchase $1 worth of BNB, but it depends on the exchange and the cryptocurrency you choose. Some exchanges allow minimum amount transactions, while others may have restrictions on the minimum transaction amount. It is advisable to check the trading rules and minimum transaction amounts when selecting an exchange and cryptocurrency.
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Where can I still buy BNB?
A
You can still buy BNB on various cryptocurrency exchanges. Some popular exchanges where you may find BNB include OKX, Binance, Coinbase, Kraken, and Huobi. Be sure to check the availability of BNB on these platforms and consider factors such as trading pairs, fees, and security features before making a purchase.
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Where is the best place to buy BNB?
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The best place to buy BNB depends on factors such as your location, preferred payment method, and trading preferences. Some popular options for buying BNB include reputable cryptocurrency exchanges like Binance, Coinbase, Kraken, and Huobi. It's recommended to compare features such as fees, supported trading pairs, security measures, and user interface to determine which platform aligns best with your needs. Additionally, you may consider peer-to-peer trading platforms or decentralized exchanges for alternative options.
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Can I view the BNB chart now?
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Of course, CoinMapAi not only provides information on how to buy BNB, but also supports viewing BNB chart. Click on the link next to it to view the actual rise and fall data.

Market risk applies to any cryptocurrency investment activity, including using Binance exchange to purchase BNB online. While we make every attempt to thoroughly inform our users about every cryptocurrency we offer on the exchange, Binance exchange does not take responsibility for any outcomes that may emerge from your purchase of BNB. Nevertheless, we do offer simple and convenient ways for you to buy BNB quickly. The content on this website is not intended to be construed as endorsing any specific cryptocurrency or way to obtain it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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