Once the account is funded with USD, the investor can swap it directly for Tether (USDT). USDT is the best and cheapest trading pair to use on Binance which can be converted into BNB. Our experience with YouHodler while buying (and trading) BNB was relatively flawless. The platform not only allowed us to purchase BNB within the metaphorical blink of an eye, but it also offered an attractive interest rate of up to 5.5% on our holdings. These crypto loan facilities and interest-earning opportunities added significant value to our investment strategy, enabling us to leverage our assets effectively. We found buying BNB on Binance to be an easy and hassle-free experience, mainly due to its intuitive interface and unmatched liquidity.
As mentioned earlier, you will be required to provide an email address and details on your payment card to initiate the transaction. Once you are done, confirm the transaction and authorize the purchase. The setup process is simple, provide the card details, then click on the Next button to add the payment card to your Binance account. With CoinCodex, you can easily monitor your Binance Coin investment using a suite of crypto tools designed to make investing accessible and efficient. Ledger is one of the most secure crypto hardware wallets for storing cryptocurrencies. Instead, you should try to diversify your investments and put yourself into a position where a single project failing doesn’t erase your entire portfolio.
Must read: What is Binance Coin?
The confirmation page also highlights the cost of the transaction. The Ethereum-based system issues a synthetic dollar (USDe) and a yield-bearing variant (sUSDe) backed by a hedged portfolio that stabilizes value through futures contracts. Ethena has reportedly raised $890 million with StablecoinX to purchase locked ENA before a Nasdaq listing. Brevan Howard and IMC Trading are two backers of the ENA purchase aimed at increasing the asset’s scarcity and appeal to institutions by purchasing up to 13% of the circulating supply.
With this dual identity, LILPEPE is becoming a crypto-cultural and technical movement. At a $300 million market value, LILPEPE might rise 10,000% from its presale price, making it one of 2025’s most explosive Layer 2 coins, analysts say. LILPEPE’s narrative strength, Layer 2 functionality, and presale momentum might make it a legitimate meme currency competitor to Dogecoin and Shiba Inu in the next bull cycle. As the price of Binance Coin (BNB) continues to rise, investors are seeking the next major altcoins that may also benefit from the booming Layer 1 and Layer 2 narrative. The most promising projects in this area currently are Little Pepe (LILPEPE), Hyperliquid (HYPE), and Ethena (ENA), all of which have unique tokenomics and growth potential.
However, you will be required to sign up for a third-party service through which the credit card payment will be processed. Therefore, even though you do not have to sign up for an exchange account such as Binance, KuCoin, or FTX.com, you will still have to reveal your identity to a third party. If this is your first time using Binance or the credit/debit purchase option, you will need to link your payment card to Binance.
- EToro is our top pick for the best crypto exchange where you can buy Binance Coins.
- Apart from BNB and a host of other cryptocurrencies, eToro has thousands of other assets to trade including stocks, ETFs and hard metals.
- You will also need to come up with a unique username and strong password.
What is BNB crypto?
With crypto alerts, you can set price alerts that will automatically notify you when Binance Coin or any other asset reaches predetermined price limits. Before buying Binance Coin, or any other crypto asset for that matter, there are some general things you should research. In addition, you should investigate the team behind the project and search forums and social media for any reports on security concerns. More experienced investors can try to time the market or engage in technical analysis to become more proficient at entering and exiting positions. You can buy Binance Coin on several cryptocurrency exchanges, including KuCoin, Binance, CoinEx, Kraken, OKX, Bybit, Gate, and MEXC.
Frequently Asked Questions on Buying Binance Coin (BNB)
- The fair distribution of its HYPE token airdrop to over 90,000 users, along with the lack of venture capital funding, made news.
- There are two available options to proceed from the main screen.
- Keep in mind that rates on YouHodler might fluctuate in real-time.
Other factors that make Binance the best place to buy the hottest cryptos like Binance include its safety. The exchange provides you with a free cloud wallet and also operates an in-house insurance fund worth $1+ Billion. It is also listed here because it integrates multiple passive income-generating tools. You would also like Binance because it is a multi-asset platform. In addition to cryptos, Binance integrates an NFT marketplace where you can buy and sell popular NFTs. You also get to interact with margin trades and crypto derivatives on the exchange.
Buy Binance Coin with a debit card
If you are referring to the prices of coins, then BNB is cheaper than ETH. Understandably, the crypto community, especially traders, did not take Zhao’s exit well when it happened in November 2023. Binance coin, which powers the exchange ecosystem, tanked 10% to $240. Data shows over $3 million of bullish BNB bets were liquidated within an hour.
Some will let you buy crypto instantly with debit cards, while others will process card deposits. Cards purchases are also supported by fiat-to-crypto onramps and on all the popular peer-to-peer trading platforms. MoonPay is a fast and flexible platform that allows users to easily buy, sell, and swap over 100 cryptocurrencies, including Binance Coin (BNB), Bitcoin (BTC), and Ethereum (ETH). We offer a variety of payment methods like credit/debit cards and Apple Pay for fast BNB deliveries to your non-custodial wallet within minutes.
Initially launched as an ERC-20 token on Ethereum, BNB has since migrated to Binance’s proprietary blockchain, Binance Chain. This transition has allowed BNB to enhance its scalability and reduce transaction fees, making it more efficient for users. Investors can easily buy Binance Coin on FTX, Coinbase, eToro, Kraken, and several others. The digital asset is not exclusive to the Binance exchange, but investors should check their preferred option to know the crypto pairs they support before funding the account. Along with being a crypto exchange, Crypto.com also has an NFT marketplace. Users also have the option to stake their crypto and earn interest of up to 14.5% on the platform.
Keeping your Binance Coin on an exchange
Opening an account on eToro takes no more than a minute, and users can make a crypto order with deposits of as little as $10. Apart from not being the best at customer service, eToro checks out everywhere else when it comes to investing in Binance Coin. Type ‘BNB’ into the search bar and select the BNB/USDT trading pair. The next step is to tap on ‘Buy’ to open up the Spot trading section. For safekeeping, the BNB tokens can be withdrawn from Binance to an external wallet. For the purpose of this how-to guide, we will demonstrate buying BNB using the Binance exchange.
It then provides them with a free demo account loaded with $10,000 in virtual funds. Not forgetting that the multi-platform exchange also integrates staking and copy trading features that let beginners earn passively. Buying BNB is straightforward with the user-friendly UI Crypto.com is popularly known to have.
BNB can be used to gartley pattern forex pay transaction fees on the network, and BNB Chain is host to a range of decentralised finance (DeFi) protocols and decentralised applications (dApps). BNB’s unique token burn mechanism helps to differentiate the cryptocurrency from its competitors. Like any cryptocurrency, BNB is only useful if properly stored and protected. Several exchanges and platforms offer integrated storage, allowing you to quickly buy, sell or trade BNB without transferring it from an outside source. Since its initial coin offering (ICO), BNB has become a widely traded cryptocurrency and investment option. It was originally launched as an ERC-20 token on the Ethereum (ETH) blockchain.