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How to get Binance Coin?

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2024-09-04 16:55:01329browse

How to get Binance Coin (BNB)? Buy Direct: Binance Exchange: Supports multiple payment methods including credit card, debit card, and bank transfer. Other cryptocurrency exchanges: Exchanges that support BNB, such as Huobi and OKX. Trade to Get: Spot Trading: Buy and sell other cryptocurrencies in exchange for BNB on the Binance exchange. Futures trading: Trade BNB futures contracts, and leverage trading is available. Mining: Join the BSC mining pool and use mining equipment to mine BNB. Staking: Binance Finance: Stake BNB to Earn Interest and Rewards

How to get Binance Coin?

How to Get Binance Coin (BNB)

Buy directly:

  • Binance Exchange: Buy BNB directly on the Binance website or app. Supports various payment methods such as credit card, debit card and bank transfer.
  • Other cryptocurrency exchanges: You can buy BNB on cryptocurrency exchanges that support BNB (such as Huobi, OKX).

Trade to get:

  • Spot trade: Trade other cryptocurrencies like BTC, ETH) exchange for BNB.
  • Futures Trading: Trade BNB futures contracts on the Binance Futures trading platform with leveraged trading opportunities.

Mining:

  • Mining Pool: Join the Binance Smart Chain (BSC) mining pool and use Mining equipment (such as GPU or ASIC) mines BNB.

Staking:

  • Binance Wealth: Stake BNB to Binance Wealth products to earn interest and Get extra rewards.
  • Validator: Become a BSC validator and stake BNB to earn block rewards and transaction fees.

Airdrops and giveaways:

  • Binance Airdrop: Participate in the airdrop event hosted by Binance and get free BNB .
  • Exchange Giveaways: Other cryptocurrency exchanges occasionally host giveaways giving away BNB.

Step by step guide:

Buy BNB via Binance Exchange:

  1. Create Binance account and complete identity verification.
  2. Click on the "Buy Cryptocurrency" tab.
  3. Select "Credit/Debit Card" or other payment method.
  4. Enter the purchase amount and select BNB.
  5. Complete the transaction and pay the fee.

Earn BNB by spot trading:

  1. Create a trading account on Binance Exchange.
  2. Deposit other cryptocurrencies (such as BTC, ETH) into your account.
  3. Enter the "Spot Trading" page.
  4. Look for "BTC/BNB" or "ETH/BNB" trading pairs.
  5. Enter a sell or buy order, specifying the purchase quantity and price.

Other ways to obtain BNB:

  • Mining: Join the BSC mining pool and mine BNB.
  • Staking: Stake BNB to Binance Financial Products or become a BSC validator.
  • Airdrop: Participate in the Binance airdrop event.
  • GIVEAWAYS: Follow other crypto exchanges for their giveaways.

BNB surges strongly by 4.61%

BNB’s current price is $537.34, with a 24-hour trading volume of $1.701 billion. The price of BNB has surged by 4.61% in the past 24 hours.

Factors driving the price movement

This rise is mainly attributed to the overall optimism about the cryptocurrency market and expectations for the application of BNB blockchain technology increase.

Future Outlook

Technical analysis for BNB suggests it may continue to move higher in the short term. If the price breaks the resistance at $550, further gains are likely. However, a break below $510 could lead to a consolidation or pullback.

Investor Advice

For investors looking to invest in BNB, the current price can be an attractive entry point. It is crucial to keep a close eye on technical indicators and manage risk.

Short Term Forecast

Based on current technical indicators, BNB is expected to continue towards resistance at $550 in the coming days.

Indicators

  • Current price: 537.34 USD
  • 24 hour trading volume: 1.701 billion USD
  • Price changes ( 24 hours): +4.61%
  • Circulation: 145,934,828 BNB
  • Maximum supply: None
  • Total supply: 145,934,828 BNB
  • Circulation market capitalization: US$78.417 billion

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