Step 1: Create an account on an\u00a0exchange that supports Binance Coin (BNB)<\/strong><\/h2>\nFirst, you will need to open an account on a cryptocurrency exchange that supports Binance Coin (BNB).
We recommend the following based on functionality<\/strong>, reputation<\/strong>, security<\/strong>, support<\/strong> and fees<\/strong>:<\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||0px||true|false” custom_padding=”0px||0px||true|false” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row column_structure=”1_3,1_3,1_3″ make_equal=”on” module_class=”affiliate3″ _builder_version=”4.20.4″ _module_preset=”default” width=”100%” width_tablet=”45%” width_phone=”80%” width_last_edited=”on|phone” custom_padding=”||||true|true” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_3″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”20px|20px|20px|20px|true|true” border_radii=”on|15px|15px|15px|15px” border_width_all=”1px” border_color_all=”#c3cce5″ box_shadow_style=”preset1″ box_shadow_spread=”20px” box_shadow_color=”#fcf9f1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.16″ _module_preset=”default” custom_margin=”||13px|||” link_option_url=”https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW” link_option_url_new_window=”on” global_colors_info=”{}” theme_builder_area=”post_content”]\n1<\/p>\n
\u00a0Binance<\/strong><\/p>\n[\/et_pb_text][et_pb_image src=”https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2021\/10\/Create-Binance-Account.png” title_text=”Create Binance Account” url=”https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW” url_new_window=”on” align=”center” _builder_version=”4.16″ _module_preset=”default” width=”65%” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_button button_url=”https:\/\/accounts.binance.com\/en\/register?ref=RP2JHHRW” url_new_window=”on” button_text=”Register” button_alignment=”center” _builder_version=”4.16″ _module_preset=”default” button_text_size=”14px” button_bg_color=”#35b782″ button_font=”ABeeZee|700||on|||||” custom_css_main_element=”width: 100%;” global_colors_info=”{}” button_bg_color__hover=”#2e9e71″ button_bg_enable_color__hover=”on” filter_brightness__hover_enabled=”on|hover” filter_brightness__hover=”100%” theme_builder_area=”post_content”][\/et_pb_button][et_pb_text content_tablet=”<\/p>\nFees (Maker\/Taker)<\/span> 1.99%*\/1.99%*<\/strong><\/span><\/p>\n” content_phone=”<\/p>\n
Fees (Maker\/Taker)<\/span> 1.99%*\/1.99%*<\/strong><\/span><\/p>\n” content_last_edited=”off|tablet” _builder_version=”4.16″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\n
Fees (Maker\/Taker)<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.075%*-0.1%*<\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=”#c3cce5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||-20px||false|false” custom_padding=”0px||0px||true|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text content_tablet=”<\/p>\nCryptocurrencies <\/span><\/span>
Available for Trade<\/span> <\/span> <\/span><\/span>50+<\/span><\/strong><\/span><\/p>\n” content_phone=”<\/p>\n
Cryptocurrencies <\/span><\/span>
Available for Trade<\/span> <\/span> <\/span><\/span>50+<\/span><\/strong><\/span><\/p>\n” content_last_edited=”off|tablet” _builder_version=”4.16″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\n
Cryptocurrencies <\/span><\/span>
Available for Trade<\/span>\u00a0<\/span> \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0500<\/strong><\/span><\/span>+<\/span><\/span><\/strong><\/p>\n[\/et_pb_text][et_pb_divider color=”#c3cce5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||-20px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\nSign-up bonus<\/span> <\/span>
\u00a010% reduced trading fees*<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=”#c3cce5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||-20px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.16″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\nAvailable in<\/span>
Europe, Asia, Oceania, Africa<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”20px|20px|20px|20px|true|true” border_radii=”on|15px|15px|15px|15px” border_width_all=”1px” border_color_all=”#c3cce5″ box_shadow_style=”preset1″ box_shadow_spread=”20px” box_shadow_color=”#fcf9f1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” custom_margin=”||13px|||” link_option_url=”https:\/\/partner.bybit.com\/b\/simplecryptoguide” link_option_url_new_window=”on” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”]\n2<\/p>\n
\u00a0Bybit<\/strong><\/p>\n[\/et_pb_text][et_pb_image src=”https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2023\/04\/Create-Bybit-Account.jpg” alt=”Create Bybit Account” title_text=”Create Bybit Account” url=”https:\/\/partner.bybit.com\/b\/simplecryptoguide” url_new_window=”on” align=”center” _builder_version=”4.20.4″ _module_preset=”default” width=”65%” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_button button_url=”https:\/\/partner.bybit.com\/b\/simplecryptoguide” url_new_window=”on” button_text=”Register” button_alignment=”center” _builder_version=”4.20.4″ _module_preset=”default” button_text_size=”14px” button_bg_color=”#35b782″ button_font=”ABeeZee|700||on|||||” custom_css_main_element=”width: 100%;” locked=”off” global_colors_info=”{}” button_bg_color__hover=”#2e9e71″ button_bg_enable_color__hover=”on” filter_brightness__hover_enabled=”on|hover” filter_brightness__hover=”100%” theme_builder_area=”post_content”][\/et_pb_button][et_pb_text content_tablet=”<\/p>\nFees (Maker\/Taker)<\/span> 1.99%*\/1.99%*<\/strong><\/span><\/p>\n” content_phone=”<\/p>\n
Fees (Maker\/Taker)<\/span> 1.99%*\/1.99%*<\/strong><\/span><\/p>\n” content_last_edited=”off|tablet” _builder_version=”4.20.4″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” locked=”off” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\n
Fees (Maker\/Taker)<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.1%*-0.1%*<\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=”#c3cce5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||-20px||false|false” custom_padding=”0px||0px||true|false” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text content_tablet=”<\/p>\nCryptocurrencies <\/span><\/span>
Available for Trade<\/span> <\/span> <\/span><\/span>50+<\/span><\/strong><\/span><\/p>\n” content_phone=”<\/p>\n
Cryptocurrencies <\/span><\/span>
Available for Trade<\/span> <\/span> <\/span><\/span>50+<\/span><\/strong><\/span><\/p>\n” content_last_edited=”off|tablet” _builder_version=”4.20.4″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” locked=”off” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\n
Cryptocurrencies <\/span><\/span>
Available for Trade<\/span>\u00a0<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0400<\/strong><\/span><\/span>+<\/span><\/span><\/strong><\/p>\n[\/et_pb_text][et_pb_divider color=”#c3cce5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||-20px||false|false” custom_padding=”0px||0px||false|false” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” locked=”off” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\nSign-up bonus<\/span>
\u00a0$30,000 sign-up bonus*<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=”#c3cce5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||-20px||false|false” custom_padding=”0px||0px||false|false” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” locked=”off” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\nAvailable in<\/span>
Europe, Asia, Oceania, Africa<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ _module_preset=”default” custom_padding=”20px|20px|20px|20px|true|true” border_radii=”on|15px|15px|15px|15px” border_width_all=”1px” border_color_all=”#c3cce5″ box_shadow_style=”preset1″ box_shadow_spread=”20px” box_shadow_color=”#fcf9f1″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.20.4″ _module_preset=”default” custom_margin=”||13px|||” link_option_url=”https:\/\/www.mexc.com\/en-US\/register?inviteCode=mexc-1NEbG” link_option_url_new_window=”on” global_colors_info=”{}” theme_builder_area=”post_content”]\n3<\/p>\n
\u00a0MEXC<\/strong><\/p>\n[\/et_pb_text][et_pb_image src=”https:\/\/simplecryptoguide.com\/wp-content\/uploads\/2022\/04\/Create-MEXC-Account.png” alt=”Create MEXC Account” title_text=”Create MEXC Account” url=”https:\/\/www.mexc.com\/en-US\/register?inviteCode=mexc-1NEbG” url_new_window=”on” align=”center” _builder_version=”4.16.1″ _module_preset=”default” width=”65%” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_button button_url=”https:\/\/www.mexc.com\/en-US\/register?inviteCode=mexc-1NEbG” url_new_window=”on” button_text=”Register” button_alignment=”center” _builder_version=”4.16.1″ _module_preset=”default” button_text_size=”14px” button_bg_color=”#35b782″ button_font=”ABeeZee|700||on|||||” custom_css_main_element=”width: 100%;” global_colors_info=”{}” button_bg_color__hover=”#2e9e71″ button_bg_enable_color__hover=”on” filter_brightness__hover_enabled=”on|hover” filter_brightness__hover=”100%” theme_builder_area=”post_content”][\/et_pb_button][et_pb_text content_tablet=”<\/p>\nFees (Maker\/Taker)<\/span> 1.99%*\/1.99%*<\/strong><\/span><\/p>\n” content_phone=”<\/p>\n
Fees (Maker\/Taker)<\/span> 1.99%*\/1.99%*<\/strong><\/span><\/p>\n” content_last_edited=”off|tablet” _builder_version=”4.16.1″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\n
Fees (Maker\/Taker)<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 0.2%*-0.2%*<\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=”#c3cce5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||-20px||false|false” custom_padding=”0px||0px||true|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text content_tablet=”<\/p>\nCryptocurrencies <\/span><\/span>
Available for Trade<\/span> <\/span> <\/span><\/span>50+<\/span><\/strong><\/span><\/p>\n” content_phone=”<\/p>\n
Cryptocurrencies <\/span><\/span>
Available for Trade<\/span> <\/span> <\/span><\/span>50+<\/span><\/strong><\/span><\/p>\n” content_last_edited=”off|tablet” _builder_version=”4.16.1″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\n
Cryptocurrencies <\/span><\/span>
Available for Trade<\/span>\u00a0<\/span> \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a01500<\/strong><\/span><\/span>+<\/span><\/span><\/strong><\/p>\n[\/et_pb_text][et_pb_divider color=”#c3cce5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||-20px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.16.1″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\nSign-up bonus<\/span> <\/span>
\u00a010% reduced trading fees & up to $170 in USDT vouchers*<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][et_pb_divider color=”#c3cce5″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||-20px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text _builder_version=”4.16.1″ _module_preset=”default” text_font_size=”13px” custom_margin=”3px||3px||true|false” inline_fonts=”ABeeZee” global_colors_info=”{}” theme_builder_area=”post_content”]\nAvailable in<\/span>
North America, South America, Europe, Asia, Oceania, Africa<\/span><\/strong><\/span><\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||0px||true|false” custom_padding=”0px||0px||true|false” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_row _builder_version=”4.16″ _module_preset=”default” custom_padding=”0px||0px||true|false” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]\nIn order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.<\/p>\n
Note:<\/strong>\u00a0<\/span>On specific exchanges, you might need to complete a\u00a0<\/span>Know Your Customer (KYC)<\/a>\u00a0procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.<\/p>\nStep 2: Deposit funds into your account<\/h2>\n
Many cryptocurrency exchanges will allow you to purchase Binance Coin (BNB) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.<\/p>\n
Note:<\/strong>\u00a0<\/span>Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.<\/p>\nStep 3: Buy Binance Coin (BNB)<\/h2>\n
This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Binance Coin (BNB) or Binance Coin (BNB) trading pairs. Look for the section that will allow you to buy Binance Coin (BNB), and enter the amount of the cryptocurrency that you want to spend for Binance Coin (BNB) or the amount of fiat currency that you want to spend towards buying Binance Coin (BNB). The exchange will then calculate the equivalent amount of Binance Coin (BNB) based on the current market rate.<\/p>\n
Note:<\/strong>\u00a0<\/span>Make sure to always double-check your transaction details, such as the amount of Binance Coin (BNB) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or\u00a0<\/span>purchase a hardware wallet\u00a0<\/span>for the highest level of protection.<\/p>\n[\/et_pb_text][et_pb_divider color=”#ff8f00″ _builder_version=”4.16″ _module_preset=”default” custom_margin=”0px||0px||true|false” custom_padding=”0px||0px||true|false” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_divider][et_pb_text content_tablet=”<\/p>\n