Here is a concise and easy guide on how to get BNB from United Kingdom on our crypro exchange platform:
Please be aware that this may take from a few minutes up to a couple of hours for BNB to arrive into your crypto wallet. We undertake to transfer your BNB as prompt as possible, but from time to time there are delays because of the following reasons:
- Overload of the blockchain;
- Updates of cryptocurrency;
- DDoS attack.
That's all! Your BNB will be transferred to your wallet asap.
Reasons to Buy Binance Coin (BNB) in UK
Is it a good reason to buy Binance Coin UK? Here are some reasons why it may be a good investment.
* But note that cryptocurrencies are inherently risky. Don't invest life savings or money required to fund day-to-day living expenses.
- Price rise, as other cryptos fall: The BNB coin displayed unusual, but positive behaviour in 2022. While other popular cryptocurrencies were in the red as their prices fell, the Binance coin actually had its price increase, even beating prices in May 2021.
- Popular utility token: The Binance coin is a utility coin used to power the Binance Chain. BNB has been ranked as high as the fourth position in the crypto coins ranking list.
- Auto-Burn system: BNB burns introduce predictability in the BNB chain by destroying some coins to increase the value of the remaining tokens.
- Multiple uses: There are myriad ways to use BNB. Real businesses such as HTC have integrated the token as a payment method. It is also used across DeFi protocols on the Binance Chain.
Where can I Buy Binance Coin in the UK?
There's no shortage of options when it comes to the best place to buy the Binance smart chain token. Buyers can either choose a cryptocurrency exchange, cryptocurrency brokerage, on-ramp sellers ( fiat to crypto), and peer-to-peer markets.
Changelly is one of their top destinations selected by UK customers. We make the purchase experience convenient and hassle-free by sourcing quotes from the leading vendors. Pick the best offer, and complete the purchase using a wide range of payment methods.
What is the cheapest way to buy BNB?
The cheapest way to buy BNB is to actually compare the rates offered across cryptocurrency exchanges such as Coinbase and Binance exchange. Don't just stop there. Compare rates offered by fiat-to-crypto platforms such as Indacoin or Moonpay. Changelly will always display the most favourable rate with all the fees included to make the comparison easier.
Сan I sell my Binance Coin in the UK with fiat currencies?
Holders can sell Binance coin in return for fiat currencies. The only requirement is to find a platform with a sell feature. The rest of the steps will be pretty intuitive. Just enter the amount to sell and how to receive it. Some platforms will offer multiple payout channels. Changelly also offers a Sell crypto feature, which allows sellers to cash out to bank cards in a few clicks.
What are the transaction fees on BNB in the UK?
There are various types of charges involved when buying BNB. The on-ramp or crypto exchange will charge transaction fees that may differ based on the payment method used. Transactions on the BNB chain also attract a network or gas fee, and it's paid to the network to facilitate the transaction. Transactions may also be subject to an affiliate fee, charged by partners working with on-ramp sellers or exchanges.
Where can I trade Binance Coin in the UK?
Trade BNB and other cryptos on Changelly PRO. Our proprietary trading platform offers competitive trading fees. Now trading is a little different from purchasing BNB coins. It involves trading crypto pairs such as Binance Coin to USDT.
Changelly PRO offers a wide range of order types. Take advantage of the multi-chart feature and technical analysis instruments. Ready to get started? Just join our trading platform by creating a new account. Pass the optional, but recommended verification process. Deposit crypto and start trading.
Can I buy Binance Coin with GBP?
Buy BNB in UK with GBP right here on Changelly. Just initiate a new purchase on the Buy page, and set the desired fiat currency as GBP. Enter an amount, and see how much BNB it can buy.
*There may be fiat conversions to EUR or USD when paying with GBP. Save on any slight conversion losses by using bank cards in these base currencies.
Can I buy Binance Coin with PayPal?
Owing to the limited support of PayPal as a payment gateway across crypto platforms, it's a bit difficult to complete the purchase of BNB tokens using PayPal. Now, the PayPal app does support purchases of crypto for UK residents, but as of May 2022, it only included support for only four cryptos excluding BNB.
Can I buy Binance Coin with a Credit or Debit Card?
Yes, it's entirely possible to buy BNB coin UK using a credit or debit card. The only prerequisite is to find an exchange or on-ramp vendor supporting the payment gateway.
Don't waste any time searching. Vendors on Changelly support buying Binance coin with credit cards.
Can I buy Binance Coin with a Bank Transfer?
Initiating a bank transfer is a safe and convenient way to pay merchants online. UK customers have an extra advantage as most on-ramps sellers such as MoonPay support bank transfers from EU and UK customers.
The payment method may even attract lower processing fees than credit cards. The only caveat is that bank transfers may take longer to be processed. But most vendors try to complete the processing within one business day.
Where can I store BNB in the UK?
There are several ways to store BNB. Many buyers use software wallets. It's a program installed on the computer or mobile phone. Some highly rated BNB wallets include Exodus, Trust, Binance Chain, and Metamask wallet.
Hardware wallets that support the BNB native token include Ledger, Trezor, and SafePal S1.
The best advice when it comes to storing BNB is to choose a secure and non-custodial wallet.