How to Buy Binance Coin (BNB)
Learn all about Buy Binance Coin
Price of Binance Coin Today (24h)$628.08
+0.77%Binance Coin (BNB) is a token issued on the bnb. Through the collective efforts of the Binance Coin development team and community members, the number of applications supporting BNB has been gradually increasing, demonstrating significant potential within the crypto industry. More and more people are becoming interested in Binance Coin. They wish to invest or purchase Binance Coin (BNB), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Binance Coin. Regardless of your location, Bitrue can provide you with a simple and secure way to buy BNB.
Where and how to buy Binance Coin
When it comes to purchasing Binance Coin (BNB), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Binance Coin in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased BNB will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Binance Coin (BNB) through Bitrue.
Steps to Buy Binance Coin (BNB)
01Step 1 Create a Bitrue Account
- - Register through the official website, Bitrue.com.
- - Download the Bitrue App and complete the registration process.
- After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.
02Step 2 Complete KYC Verification
Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.
03Step 3 Choose the method to Buy Binance Coin (BNB)
Buy Binance Coin through Spot Markets
- Note: Currently, the most popular Binance Coin spot trading pairs include BNB/USDT and BNB/USDC. Before purchasing Binance Coin (BNB) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select Binance Coin (BNB) from the list of cryptocurrencies.
- 3. Enter the quantity of BNB you want to purchase, either at the market price or set a target price for buying Binance Coin.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing Binance Coin (BNB), users can only deposit BNB assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports BNB trading pairs for purchasing.
04Step 4 Successful Purchase
- The purchased Binance Coin assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external Binance Coin cryptocurrency wallet.
- Note: If you have not received your Binance Coin (BNB), visit the help center or contact online customer support for assistance.
Register Now
Alternative methods to acquire Binance Coin
Apart from directly buying Binance Coin (BNB), what are the alternative methods to acquire Binance Coin ?
Fixed Auto-Investment in BNB
Regularly invest a fixed amount at scheduled intervals in Binance Coin (BNB) digital assets, enjoying both short-term returns and long-term benefits.
Staking BNB
Flexible staking of Binance Coin (BNB) digital assets to earn interest or high returns in other cryptocurrencies.
Get Binance Coin (BNB) for free
If you have enough time, you can obtain Binance Coin for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Binance Coin (BNB).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Binance Coin.
- All cryptocurrency airdrops and rewards can be exchanged for BNB through coin-to-coin exchange or spot trading.
How to keep your Binance Coin safe and secure
Once you have purchased Binance Coin, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Binance Coin and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Binance Coin wallets, you also have the option to store Binance Coin (BNB) separately in a personal encrypted wallet. This wallet serves to keep your Binance Coin secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Binance Coin, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Binance Coin encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
Why Bitrue is the Best Platform for Buying Binance Coin (BNB)
User-friendly Interface
Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase Binance Coin.
Swift Deposits and Withdrawals
Our efficient real-time trading system ensures your Binance Coin assets are instantly depositable and withdrawable.
Security and Stability
With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of Binance Coin.
Get BNB with Bitrue
Register Now
Some market stats about BNB
Price Analysis
BNBBinance Coin Price Now:
$628.08+0.77%24H
Binance Coin is rising this week.
The price of Binance Coin has increased by 0.97% in the last 7 days. It has seen a 0.77% increase in the past 24 hours and a 0.02% increase in just the last hour. The current price is $628.08 per BNB. Binance Coin is dropped -51.84% from its all-time high of $1,303.29.
Buy Binance Coin NowSandbox Testing
Calculate the Returns on Your Binance Coin Investment
How much profit would I have if I bought $ worth of Binance Coin in ?
CalculateReturns based on the average Binance Coin price for that year. Not financial advice.
Are you planning to buy BNB
See if other users are buying BNB:
YesNo
How to buy other cryptocurrencies
There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.
Other crypto similar to BNB
FAQ About Buy Crypto
What is Binance Coin?
From the ICO, Binance issued its own token called the Binance Coin, with BNB as the symbol. BNB runs natively on the Ethereum blockchain and follows the ERC20 token standard.The token was established with a total supply of 200 million. As per our whitepaper, Binance plans to use 20% of our profits each Quarter to buyback and burn BNB, until 50% of the total BNB supply (100 million) is burned. The BNB token itself has multiple forms of utility, essentially being the underlying gas that powers the Binance Ecosystem. The current most prominent use cases include using BNB to: - Pay for trading fees on the exchange, obtaining the equivalent of a 50% discount on trades (during the first year). - Monaco has included support for Binance¡¯s BNB token to its platform which includes the Monaco Visa Card and mobile app. - Uplive platform supports BNB to buy virtual gifts. BNB Value & Repurchasing Plan 1. You can use BNB to pay for any fees on our platform, including but not limited to: Exchange fees, Listing fees, and any other fee. When you use BNB to pay for fees, you will receive a significant discount: 1st year: 50% 2nd year: 25% 3rd year: 12.5% 4th year: 6.75% 5th year: no discount 2. Repurchasing plan Every quarter, we will use 20% of our profits to buy back BNB and destroy them, until we buy 50% of all the BNB (100M) back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 100M BNB, leaving 100M BNB remaining. Decentralized Exchange In the future, Binance will build a decentralized exchange, where BNB will be used as one of the key base assets as well as gas to be spent.
How many Binance Coin are there in total?
The total supply of Binance Coin is 136,359,147 and the Circulating Supply is 136,359,147 .
Why are people buying Binance Coin?
People buy Binance Coin for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Binance Coin serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Binance Coin include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy Binance Coin?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase BNB.
Can I use cash to buy Binance Coin?
Generally, buying Binance Coin digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 BNB?
To purchase 10 BNB, the cost in USD would be $6280.8.
What are the fees for buying Binance Coin?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.
How to use Apple Pay to buy BNB?
Currently, Bitrue does not support purchasing BNB or adding fiat currency using Apple Pay.
How to use Google Pay to buy BNB?
Currently, Bitrue does not support purchasing BNB or adding fiat currency using Google Pay.
How to use Paypal to buy BNB?
Currently, Bitrue does not support purchasing BNB or adding fiat currency using Paypal.
What can I do with Binance Coin?
You can use Binance Coin to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my Binance Coin?
If your Bitrue wallet does not hold Binance Coin, you need to deposit BNB into your Bitrue account. If you already have BNB, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of BNB you want to sell, select the selling price, confirm the sell order, and once your BNB is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.
All