BNB is a token of Binance, one of the major players in the crypto market. On LetsExchange, you can purchase BNB for one of 4,000+ supported coins and tokens.
What Is BNB?
Binance, the biggest cryptocurrency exchange, was launched in 2017. Binance is not only a crypto exchange but a comprehensive ecosystem that includes Binance Smart Chain, Binance Chain, Binance Academy, Trust Wallet, and Binance Wallet, as well as a foundation and a research project, BNB is a token that powers all the ecosystem.
How to Buy BNB on LetsExchange: a Step-by-Step Guide
On LetsExchange, you can purchase BNB with one of 4,000+ other assets supported by the platform. There is no need to register an account or provide any personal or financial data to purchase the coin. All you need to do is to ensure you have a wallet where you can receive your BNB.
However, registering an account with the platform gives you access to additional features and tools such as the affiliate program, tools for partners that allow you to generate an additional income source from crypto, and such useful features as the history of swaps, the list of favorite coins, among other tools to manage your crypto investments.
By swapping with LetsExchange, you get the best rates available in the market carefully selected by the proprietary SmartRate technology.
The platform aggregates liquidity from multiple providers to ensure there is sufficient liquidity for each swap. The upper limits are practically non-existent, and the number of swaps you can make is unlimited.
To buy BNB, follow the instructions.
Open the exchange widget.
In the You Send window, select the coin that you will use to buy BNB, and provide the sum to sell. In our example, we will choose the default value of 0.1 BTC.
Choose whether you prefer to swap your coins at a fixed or a market rate.
If you pick a fixed rate, the amount you receive will be fixed for 30 minutes. It means that you will receive the same amount of coins as the one indicated in the You Get field of the widget at the moment you start the swap if you send the deposit within 30 minutes from the start of the swap.
If you pick a market rate, you choose to have your swap processed at a rate valid at the market at the moment of swapping the coins. Then, the number of coins in the You Get field of the widget may differ from the number of coins you get.
in the You Get field, select BNB. This coin is very popular, and it runs on its native blockchains, Binance Smart Chain, and Binance Chain, as well as on the Ethereum blockchain. So, make sure you pick the right blockchain, otherwise, your funds will be lost.
We will pick BNB on the Binance Smart Chain blockchain, and we will be using the Swap mode.
The number of coins to receive will be calculated automatically.
Click on the Swap button.
Copy-paste the BNB receiving wallet address. When the coins are exchanged, your BNB coins will be sent to the receiving wallet address.
You can also provide a refund address. If the swap isn’t processed as expected, you will get your refund there.
Hit the Apply button to proceed.
Send your coins to the deposit address provided by the platform (copy-paste the address to your wallet or scan the QR code). After the platform receives your BTC, the swap will be processed, and your BNB coins will be sent to your receiving wallet address.
After the swap is completed, you can download the receipt with all the swap details.
Conclusion
Buying BNB on LetsExchange is easy and fast, and the user-friendly interface allows even a complete newbie to complete the swap effortlessly. You can buy as many coins as you want, without a mandatory account registration.