To date, the currency’s highest sale price was recorded to be $39.57. BNB has a total market cap of over $2.8 billion, ranking it as the 8th largest digital currency. Your new Binance Coin coins should be deposited into your account, ready to be used.īinance Coin’s three-digit ticker code is BNB, and while the currency was only released in 2017, it is already in the top 10 list of most popular cryptocurrencies according to CoinMarketCap.Place a buy order for your Binance Coin and wait for the order to be executed.Ensure that the funds have successfully reached your account.If you are buying Binance Coin using another cryptocurrency, follow the exchange’s instructions to deposit your cryptocurrency to the correct wallet address.Deposit your funds into your Binance account using one of the accepted payment methods.Register an account with Binance, providing the necessary information and documentation to open your account and attain the limits you require.In order to buy Binance Coin you need to follow these steps: Unlike the majority of other cryptocurrencies, the locations where you can buy Binance Coin are extremely limited, since the coin is only directly available from the Binance exchange. Although this was the plan set out in the Binance Coin whitepaper, Binance decided to extend the current discount rate for a further year. Using Binance Coin to pay for fees automatically discounts them, with the discount rate originally set to halve every year until being eliminated completely in the fifth year. Apart from being used to pay for trading fees, users can opt for this coin to cover listing fees, exchange fees and any other fees levied by the organization. The main purpose of Binance Coin is to support Binance’s broader operations. You can invest in Binance Coin on Binance or on the following CFD trading platform:
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