How to Buy Wrapped BNB (WBNB)

A Step-by-Step-Guide on how to buy Wrapped BNB (WBNB)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You will first need to buy one of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Wrapped BNB (WBNB) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find (WBNB) Wrapped BNB

Once your deposit has been approved, you'll directly have access to your finances and you can launch invest and trading. To purchase (WBNB) Wrapped BNB on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to locate Wrapped BNB (WBNB), you will need to insert the cointype (WBNB) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we have marked this too. Click on “WBNB/BTC” to proceed.

How to buy Coin on Binance 1 Wrapped BNB (WBNB)
Step 4 – Buy Wrapped BNB (WBNB)

After you've discovered Wrapped BNB (WBNB), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order.

The “Price” field will be automatically filled with the up-to-date tariff Wrapped BNB (WBNB) was sold for. This can be changed to your preferred rate. The “Amount” field is the amount of WBNB you want to buy. The “Total” field is the total price in BTC that you'll settle for the whole quantity of WBNB.

When you're satisfied, make a mouse click on “Buy WBNB”. Your order will be filled as soon as a Vendor trades their WBNB for the price you introduced.

Step 5 – Withdraw (WBNB) Wrapped BNB

Unless you're regularly trading, you should never keepyour crypto on an Crypto Trader for an extensive period of time. To take off your Wrapped BNB (WBNB), hover over the tab called “Funds” and mouse click on “Withdraw”. Wrapped BNB (WBNB) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Wrapped BNB (WBNB) by using the given drop-down box. Drop in the amount of (WBNB) Wrapped BNB you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you're happy, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Congratulations! You have successfully purchased and safed Wrapped BNB (WBNB).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the Wrapped BNB (WBNB) is safe within your wallet, you are finished.