The specific methods available to you are subject to your location and the payment provider you opt for. FTX has a trading volume that’s similar to that of KuCoin and is also known for the sheer number of coins that it offers. The platform allows you to easily convert from both fiat and other cryptocurrencies into BNB. You can convert the currencies on the wallet page by selecting the asset you wish to sell and clicking “Convert”. You’ll be offered a quote by the platform, and if the price is acceptable, you can execute the trade.

BNB Price Live Data

Buying BNB is straightforward with the user-friendly UI Crypto.com is popularly known to have. Along with BNB, there are 150 other cryptocurrencies available to buy on the platform. Like the other exchanges, Crypto.com supports bank transfers, wire transfers, credit/debit cards, SEPA, Transfer, Wise, PayPal & others. However, despite that, bank transfers remain a reliable alternative to how to buy Binance Coin. The BNB token is available on some cryptocurrency exchanges, but not all.

Learn more about BNB Chain (BNB)

Otherwise, many crypto exchanges also offer an “instant buy” feature using a credit card. However, be warned that this comes with higher fees and other added risks. Use our table to look for a platform that offers credit card deposits to get started. 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. Lastly, the cryptocurrency exchange BitGlobal lets you buy, sell, and store BNB alongside a host of other currencies.

You can buy polkadot with credit or debit card buy polkadot with a visa gift card find the list of coins you can buy through Ledger Live here. Investors can talk with each other across a range of platforms in more than 19 languages. Binance also has facilities that allow individuals to transfer BNB around the world quickly. Binance Pay, for instance, operates a little like the International Clearing System but without some of the fees.

How To Buy Binance Coin

For safekeeping, the BNB tokens can be withdrawn from Binance to an external wallet. For the purpose of this how-to guide, we will demonstrate buying BNB using the Binance exchange. This is not a specific endorsement of Binance but is one of the best options for its low fees, excellent liquidity, and the ability to earn staking rewards on BNB. If you forget or lose your key, you won’t be able to access your crypto. DNB supervises the compliance of eToro (Europe) Ltd with the Anti-Money Laundering and Anti-Terrorist Financing Act and the Sanctions Act 1977.

To create an account with your chosen crypto platform, you only need an email address or mobile number. BNB interacts with and allows developers to build on the layer-1 blockchain known as the BNB Smart Chain. The Binance exchange also uses it to promote discounted trading fees as an incentive to holders. If this is your first time buying cryptocurrency look for a platform that accepts US dollars, like eToro or Paybis.

• With the launch of the Binance Chain in 2019 and the Binance Smart Chain in 2020, the intrinsic value of the Binance Coin changed, leading to an increase in the BNB coin price.
• The higher the number of BNB transactions, the more valuable the coin will become.
• You can then click on the ‘Continue’ button after selecting your payment method and make the payment.

This will help you decide whether to keep it on an exchange or move it to your own wallet. Learn more in our crypto tax guide or use our round-up of the best crypto tax software to make tax reporting easier. Compare today’s price of Binance Coin ($605.37 USD) against its all-time high (ATH) price of $717.48 USD on June 06, 2024. The closer the bar is to 100%, the closer BNB is to reaching its ATH again. There are several different order types that you can make on the spot market.

Binance Coin is a highly liquid asset traded alongside several crypto pairs on several exchanges. The top exchanges to sell BNB are Binance, FTX, Coinbase, eToro, and Kraken. Type ‘BNB’ into the search bar and select the BNB/USDT trading pair. The next step is to tap on ‘Buy’ to open up the Spot trading section.

What are the best ways to buy Binance Coin?

Once you’ve signed up, you’ll need to decide where to store your BNB tokens. You can store BNB on your BNB exchange wallet, or you can use Binance’s crypto wallet app, Trust Wallet. The company claims that the latter option is the most user-friendly and secure mobile wallet on the market. Due to the tremendous volume of trade, the Binance Smart Chain now surpasses Ethereum as the most active platform in the market. Since BNB is native to the chain, having BNB tokens will certainly enable latest share news for argo blockchain plc investors to profit from Binance’s growth. However, other exchanges aren’t too keen to host the native cryptocurrency of the Binance platform.

As such, those who are accustomed to using some of the popular platforms like Coinbase won’t be able to purchase the coins. There are plenty of methods of how to buy BNB, just as there are several exchanges that offer this as a service, including Binance, KuCoin or Bybit. Probably the easiest and most popular, though, is buying BNB directly on Binance using the “Buy Crypto” option. However, these methods differ in difficulty, completion time, and fees. The fastest one is the “Buy Crypto” option, while the cheapest one is P2P. If you prefer another method such as using bank transfers, check what is ci cd continuous integration and continuous delivery explained out our other guides on the same.