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How to Buy and Sell BNB Coin on Binance (Tutorial for Beginners)
- Emre Ata
- 2 hours ago
- 5 min read
BNB Coin is one of the most important cryptocurrencies in the global crypto market because it powers the entire Binance ecosystem. Many beginners want to learn how to buy and sell BNB on Binance, the world’s largest cryptocurrency exchange. In this beginner-friendly tutorial, you will learn: how to open a Binance account, how to complete Binance KYC verification, how to enable 2FA security, how to make your first deposit, how to buy and sell BNB Coin, the advantages of holding BNB, the benefits of registering with a Binance referral code
This step-by-step guide is designed for beginners who want to start trading BNB safely.
What is BNB Coin?
BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem. It was originally launched in 2017 and has since become one of the largest cryptocurrencies by market capitalization.
BNB is used for many purposes within the Binance ecosystem:
• Paying trading fees on Binance• Participating in Binance Launchpad token sales• Using decentralized applications on BNB Chain• Paying for services and transaction fees
Because of these utilities, BNB is widely used by traders and investors.
Advantages of Holding BNB
Holding BNB on Binance can provide several benefits for users.
1. Trading Fee Discounts
Users who pay trading fees using BNB can receive discounts on trading commissions.
2. Access to Binance Launchpad
BNB holders can participate in Binance Launchpad, where new crypto projects are introduced to the market.
3. Participation in Launchpool
BNB can be staked in Binance Launchpool to earn newly launched tokens.
4. Utility Across BNB Chain
BNB is also used for gas fees and transactions across the BNB Chain ecosystem.
Because of these benefits, many traders keep BNB as part of their portfolio.
Binance Referral Code Comparison
When creating a Binance account, using a referral code can provide additional benefits depending on Binance campaigns.
Feature | With Referral Code JL3MPH7U | Without Referral Code |
Trading Fee Discount | %20 Lifetime | Not available |
Welcome Bonus Campaigns | up to 600 USD | Not available |
Promotional Rewards | Available | Limited |
Trading Experience | Standard + Benefits | Standard |
You can create an account here:
Disclosure: Links on this site may be affiliate links, such as our Binance partner code (JL3MPH7U). Using them to sign up supports our independent research at no extra cost to you, and often provides you with exclusive lifetime discounts. Risk Warning: Crypto trading involves significant risk. This is not investment advice. (DYOR) Verified by: Official Binance Affiliate Emre Ata
Referral Code: JL3MPH7U
BNB Coin Max and Total Supply
Step 1 — How to Create a Binance Account to Buy BNB (Beginner Video Tutorial)
To start trading BNB, the first step is creating a Binance account.
Steps:
Go to the Binance registration page
Enter your email address or phone number
Create a strong password
Enter the referral code JL3MPH7U
Once the registration is complete, you can log into your account.
Step 2 — Complete Binance KYC Verification
Binance requires identity verification for full platform access.
KYC verification steps:
Go to Identification / Verification section
Upload a valid government-issued ID
Complete the facial recognition process
Wait for approval
Most verification processes are completed within a few minutes.
Step 3 — Enable Two-Factor Authentication (2FA)
Security is extremely important when using cryptocurrency exchanges.
It is strongly recommended to enable Two-Factor Authentication (2FA).
Recommended options include:
• Google Authenticator• Binance Authenticator• SMS verification
2FA adds an additional security layer to your account.
Step 4 — Make Your First Deposit
After verification, you can deposit funds into your Binance account.
Common deposit methods include:
• Crypto transfer from another wallet• Bank transfer (depending on region)• Credit or debit card purchase
Once the funds arrive in your Spot Wallet, you are ready to trade.
Step 5 — How to Buy BNB Coin on Binance
To buy BNB:
Log in to Binance
Go to Trade → Spot
Search for the trading pair BNB/USDT
Choose Market Order for instant purchase
Enter the amount
Click Buy BNB
Your BNB will appear instantly in your wallet.
BNB Market Screen:
Step 6 — How to Sell BNB Coin
Selling BNB follows the same process.
Go to the trading page
Select the BNB trading pair
Choose Sell
Enter the amount
Confirm the transaction
You can sell BNB for USDT, BTC, or other cryptocurrencies.
Is BNB a Good Cryptocurrency?
BNB has become one of the most widely used cryptocurrencies because of its utility within the Binance ecosystem.
However, like all cryptocurrencies, the market is volatile. Always remember to do your own research (DYOR) before making investment decisions.
Binacne Academy: https://www.binance.com/en/academy?ref=JL3MPH7U
Editor's Note
BNB Coin: One of the Largest Cryptocurrencies in the Ecosystem
BNB Coin is truly one of the largest cryptocurrencies in the entire crypto ecosystem. It is a massive digital asset with a strong global community. Today, millions of people around the world trust and use the Binance exchange, and BNB Coin provides significant advantages for those who use the Binance platform.
So what kind of advantages does BNB offer?
Over the years, Binance has launched various programs and events such as Launchpad and Launchpool, which have allowed BNB holders to participate in new token offerings and earn rewards. In addition to these opportunities, one of the most important benefits is that if you hold BNB and use it for trading fees, you may receive additional discounts and advantages on Binance.
For the most accurate and up-to-date details, you can always visit the official BNB page on the Binance website, where all features and benefits are explained in detail.
From my personal experience, I remember the time before the 2021 bull market when the price of BNB was fluctuating between $3 and $10. At that time, it was incredibly cheap. I even had a friend who held around 100 BNB back then. Unfortunately, due to my limited budget at the time, I wasn’t able to buy BNB myself.
What happened afterward was truly remarkable.
A cryptocurrency that once traded around $3 eventually reached prices of $500–$600 only a few years later. At one point, when BNB reached around $85, many experienced traders believed that BNB had already reached its peak and decided to sell their holdings. However, after crossing the $85 level, BNB continued to perform extremely well and eventually climbed to $600 and even higher levels, showing the market that it still had significant growth potential.
BNB has proven itself to be a very strong coin and an impressive project within the crypto industry.
However, as always, please do your own research (DYOR) before making any investment decisions. Every cryptocurrency carries risks, and market conditions can change rapidly. It is important to stay informed, follow market news, and make thoughtful decisions when trading or investing.
I also strongly recommend visiting and reading the educational materials on Binance Academy, which I have linked below. Learning key concepts such as FUD (Fear, Uncertainty, and Doubt) and understanding how the crypto market works can help you navigate this industry more safely.
Additionally, during volatile market periods, you may encounter accusations, rumors, or negative claims about exchanges such as Binance Global on social media. Whenever you see such claims, always verify them through Binance’s official social media channels and announcements before believing or sharing them.
This approach will help you move forward in the crypto space with greater confidence and awareness.
Thank you for taking the time to read this article.
Best regards.
Author: Emre Ata – 11 Years Affiliate Marketing Expert & Verified Partner for Binance, Gate, BitGet, HTX (Huobi), KuCoin, MEXC, OKX, and many other major exchanges for over 7 years. Providing verified crypto referral codes since 2019.
My goal is to provide 100% working, secure referral codes and expert insights into the crypto industry. Using these codes grants you lifetime commission discounts/rebates and directly supports my work. All codes have been working flawlessly for years
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