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How to Buy sBNB (SBNB)

A Step-by-Step-Guide on how to buy sBNB (SBNB)

Step 1 – Signup to CEX.io

In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. sBNB (SBNB) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you've chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find (SBNB) sBNB

As soon as your deposit has been affirmed, you'll now have access to your assets and you can commence invest and trading. To invest in (SBNB) sBNB on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate (SBNB) sBNB, you'll need to put the short name of the asset (SBNB) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “SBNB/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} sBNB (SBNB)
Step 4 – Acquisition of (SBNB) sBNB

As soon as you have spotted (SBNB) sBNB, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent price (SBNB) sBNB was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of SBNB you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole quantity of SBNB.

When you are glad, make a mouse click on “Buy SBNB”. Your order will be filled as soon as a Seller trades their SBNB for the price you offered.

Step 5 – Withdraw (SBNB) sBNB

Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your (SBNB) sBNB, go to the tab called “Funds” and mouse click on “Withdraw”. (SBNB) sBNB can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (SBNB) sBNB by using the provided drop-down box. Put into the volumen of (SBNB) sBNB you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Kudos! You've successfully purchased and stored sBNB (SBNB).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the sBNB (SBNB) is stored within your wallet, you're finished.

Some other Guides on How to buy different Altcoins

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How to Buy Aave [OLD]
How to Buy Altcoins