How to Buy BNB Coin?

Binance is just one of the most significant cryptocurrency exchanges worldwide with $1.2 trillions trade volume in simply 24-hour. Its token, Binance Coin (BNB), has numerous utility functions in the Binance Exchange like paying for exchange fees, trade charges, withdrawal fees and various other charges in the cryptocurrency platform.

Binance Coin (BNB) is the cryptocurrency of the Binance exchange. It is an ERC-20 compliant token that operates on the ethereum blockchain. It can function as a paymentfor deposits/withdrawals fee, or other fees in the platform.

Where do I get a Binance Coin? Where to Buy BNB in the Philippines?

The BNB coin is not directly available in the country but in this article, we will teach you just how to purchase Binance Coin (BNB) in the Philippines using different purchase approach.

In this tutorial, I will show you how to fund on you Binance account thru P2P trading using your Philippine banks, Gcash or PayMaya. We need to fund on our Binance account so we can buy the cryptos we want to buy on the Binance exchange.

So first, open your Binance account, then click “Buy Crypto” icon and then select the “P2P Trading”.

Then on “Fiat” portion, you can select the type of currency you desire. Then on “Payment” portion, you can select the “All Payments” option. This means the payment transaction is via Bank transfer, Coins.ph, Gcash or Paymaya. But you can select the Gcash option then it will show Gcash transaction only, same goes if you choose other type of payment.

As you notice the first row shows the cheapest value that offer USDT (A stable coin is a cryptocurrency designed to have the same value as a specific fiat currency) in Philippine Peso. Currently 1 USDT is equivalent to Php 50.01. As of now, I choose USDT as fund in Binance account. Then look for the limit range per seller, as you can see the seller indicate their amount limit, so find a seller that fits your budget.

Then look for the limit amount range per seller, as you can see the seller indicate their amount limit and it indicate the quantities they can process based on their USDT stock. Might as well check the completion rate of the seller, the higher the completion rate, the better and the most trusted seller.

For example, I have Php 7,500.00 budget, all I have to do is find an seller that matches my budget with high percentage of completion rate. The seller under the name FAST EXCHANGE is the best candidate that compeer my budget. You can scroll to search more seller that suits your budget.

after you select the seller to suits your requirements, press “Buy USDT” to continue the transaction process.

Over the time, the price varies either increase o decrease since there are other buyers are purchasing same time as you.
In this transaction, the payment time limit is within 15 minutes and the seller requires bank transaction as payment method. You can input the amount you desire on “I want to pay” section then it will automatically indicate the amount of USDT you will receive. Press “Buy USDT” to proceed the transaction.

A transaction detail will present to you as it shows the Order Number, amount of transaction, payment method, countdown for payment must to be transact and the information of the seller. Press “Transferred, Next” to continue your transaction.

An confirmation message will appear with short details of the seller with warning message. Click the check box if you understand agreement, so that the confirm button will activate. Press “Confirm” button to proceed.

A transaction detail will present again with successfully placed your order within the time limit. All you need to do is wait to receive your purchased USDT.

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