How to Buy Binance Coin (BNB)
Learn all about Buy Binance Coin
Price of Binance Coin Today (24h)$612.7
-0.13%Binance Coin (BNB) is the marketplace related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 5 based on market capitalization on CoinMarketCap, with a market capitalization of 88962222586 recorded at the time of writing. BNB has been gaining momentum alongside the flourishing cryptocurrency market this year. 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.
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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
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Some market stats about BNB
Price Analysis
BNBBinance Coin Price Now:
$612.70%24H
Binance Coin is rising this week.
The price of Binance Coin has dropped by -2.43% in the last 7 days. It has seen a -0.13% decrease in the past 24 hours and a -0.03% decrease in just the last hour. The current price is $612.7 per BNB. Binance Coin is dropped -13.06% from its all-time high of $704.8.
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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.
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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.
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FAQ About Buy Crypto
How many Binance Coin are there in total?
The total supply of Binance Coin is 144,010,818 and the Circulating Supply is 144,010,818 .
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.
Should I buy Binance Coin?
Deciding whether to buy Binance Coin depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Binance Coin investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Binance Coin (BNB) may be a suitable investment choice. However, remember that all investments come with risks.
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 $6127.
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.
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.
Can I purchase Binance Coin (BNB) worth 1 US dollar?
In theory, Binance Coin (BNB) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for BNB is 10 US dollars.
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.
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