How To Buy The Binance Coin (BNB) In The UK And US (10 Best Platforms!)

by | Oct 11, 2021 | Crypto Trading, Exchange, Reviews | 0 comments

In this article, I will show you the top 10 platforms where you can the BNB coin in the UK and the US.

BNB has risen exponentially, putting in third place among the most valuable cryptocurrencies.

The issue is that residents in the UK and the US are having difficulty buying the BNB coin.

This is a result of exchange restrictions, as well as the fact that BNB is only available on a few exchanges.

But are you in the UK or the US and wondering how to buy the BNB coin in a hassle-free way? Then, let me show you how to in this post.


Post Summary

This is what I intend to cover:

  1. 10 Best Platforms To Buy BNB In The UK And The US
  2. Step-by-Step Guide On How To Buy BNB On Binance
  3. Conclusion
  4. Bonus Content

Let’s dive in!


10 Best Platforms To Buy BNB In The UK And The US

The top BNB platforms at a glance.

Platform TypeFeeReview
BinanceCrypto Trading Exchange0,1Read Review
Trust WalletMobile Walletdetermined by
payment processor
SwissBorgCrypto Manangement APP1%
QuidaxCrypto Trading Exchange1% -3%Read Review
VertexP2P Exchange0.5%
eToroCFD Trading Platform2.45% Read Review
KucoinCrypto Trading Exchange0.1%
ChangellyInstant Crypto Exchange5% Read Review
PoloniexCrypto Trading Exchange0.145% Read Review
PancakeSwapDecentralized Exchange0.25% Read Review

1. Binance

Buy BNB on Binance

Binance.com dominates other cryptocurrency exchanges in terms of liquidity and trading volume.

It offers Buy Crypto, Spot, Derivative trading, a plethora of crypto products through an intuitive UI.

The exchange supports over 400 cryptocurrencies with 60+ local currencies available, including GBP.

Binance is the ideal spot to buy the BNB coin.

When you pay fees using the BNB coin, you get a trading fee discount.

Although “Binance Market Limited” has been outlawed in the United Kingdom, UK residents can still buy on Binance.com.

However, if you are in the US, you can buy the BNB coin through Binance. US platform.

Visit Binance.com

2. Trust Wallet

Buy BNB on Trustwallet

Trust Wallet is a multi-cryptocurrency wallet acquired by the Binance exchanges in 2018.

It is a non-custodial mobile wallet for lots of purposes.

Trust Wallet offers users rewards on their staked cryptocurrencies and enables them to access various blockchain DApps.

Furthermore, it allows you to buy a minimum of $50 worth of BNB and other cryptos through Moonpay, a third-party provider.

“DEX” is a feature on the Trust Wallet that enables you to trade various cryptos against BNB.

Trus Wallet is open-source; anyone can make use of it.

Visit Trust Wallet

3. SwissBorg

Buy BNB on SwissBorg

SwissBorg was founded by Cyprus Fazel in 2017.

It is a blockchain-based wealth management app created for cryptocurrency investors.

On SwissBorg, you can store, send and exchange fiats or other cryptocurrencies for BNB with a single click.

It also has a yield farm product where you can receive daily rewards on your crypto assets.

To access the features and products on SwissBorg, you will need to download the mobile app via the website.

SwissBorg has approximately 47,000 users worldwide and supports the UK and the US.

4. Quidax

Buy BNB on Quidax

Quidax is a famous cryptocurrency exchange founded by Buchi Okoro in 2018.

It is based in Nigeria but is operating as a fully registered company in Malta.

As of 2021, Quidax updated its site from being just a crypto exchange to becoming the “Global Home of BEP-20 Tokens”.

This means that the exchange is willing to provide trade rooms to as many BSC-based cryptocurrencies as possible.

Apart from BEP-2O tokens like BNB, Quidax also supports other blockchain tokens, including DOGE, SHIBA, ETH, LTC, USDT, etc.

Quidax is a global exchange and it is available to UK and US residents.

The Naira is the only supported fiat currency but still buy the BNB coin with other listed cryptocurrencies on the platform.

Visit Quidax

5. Vertex

Buy BNB on Vertex

Vertex is a global cryptocurrency exchange that is available in both the UK and the US.

It is a peer-to-peer platform founded by Alessandro and Pecorelli in 2018.

The company has branches in London, England and the United Kingdom.

On Vertex, you can buy/sell BNB, BTC, LTC, ETH, BCH with over 60 different payment options, including Credit/Debit cards and Giftcards.

Furthermore, the exchange supports deposits and withdrawals via the BSC network, saving you money from the high gas fee. Learn More.

Vertex has excellent reviews by users on Trustpilot. That’s cool.

Visit Vertex

6. eToro

Buy BNB on eToro

eToro launched in 2007, is one of the best and oldest exchanges that supports users from the UK and the US.

It is a multi-asset platform that offers forex and cryptocurrency services.

You can invest in stocks, copy people’s trade, trade crypto derivatives, as well as perform CFD trading and more.

Apart from the above services, eToro users can buy the BNB coin with other cryptos and transfer them to their wallets.

Visit eToro

7. Kucoin

Buy BNB on Kucoin

Kucoin was founded in 2017 and is based in Singapore.

It is a popular cryptocurrency exchange that is suitable for both newbies and experts.

Kucoin provides services like Spot/Marfin/Futures Trading, ETF, Crypto Lending, Buy Crypto, etc.

Residents of the United Kingdom can buy the BNB coin on Kucoin using their debits or credit cards.

They can also trade BNB against the following cryptocurrencies, USDT, BTC and KCS using the trade room.

Sadly, Kucoin does not support US users.

Visit Kucoin

8. Changelly

Buy BNB on Changelly

Changelly is a non-custodial crypto exchange.

This means that it does not keep custody of your cryptocurrency.

It was founded by a team of a well-known mining pool known as the MinerGate.

Impressively, Changelly does not require KYC to swap between coins.

But if you want to buy BNB or another crypto from Changelly with credit/debit cards, you will go through a verification process.

The reason for this is that Changelly makes onramp services available through payment processors who require them.

The US is prohibited from using Changelly’s services, but the UK is not.

Visit Changelly

9. Poloniex

Buy BNB on Poloniex

This is one of the first and most well-known crypto exchanges. It was founded in 2014.

Poloniex is based in Seychelles and it is currently managed by Circle under the name of Polo Digital Assets Ltd.

It is an easy to use exchange offering users a sleek interface to access a range of products; Spots, Futures, Lending etc.

Poloniex supports the Buy/Sell of BNB and over 400 cryptocurrencies.

It also allows users to buy and sell cryptos using over 40 fiat currencies through Simplex, a third-party payment processor.

Polonies accepts UK users but restricts US users.

Visit Poloniex

10. PancakeSwap

Buy BNB on PancakeSwap

PancakeSwap is the most prominent decentralized app on the Binance Smart Chain.

It facilitates the exchange of cryptocurrencies through a liquidity pool.

PancakeSwap was created to allow traders to swap BEP-20 tokens without difficulties.

However, ERC-20 tokens can be ported and traded on this DApp through the Binance Bridge.

Since PancakeSwap is a DEx, anyone can use it without a KYC.

PancakeSwap

There you have the top 10 platforms for buying the BNB coin quickly and easily.

In the next section, you will learn how to buy BNB from Binance in a step-by-step guide.


Step-by-Step Guide On How To Buy BNB on Binance

The 4 major ways to buy BNB coins on Binance are:

We will go through them one after the other.

Remember I told you that Binance.com supports the UK while Binance.US supports the US.

I will be using the Binance.com platform via the web interface for the illustration below.

1. Buy BNB With Credit/Debit Card Via “Buy Crypto”

  • Navigate to the left side of your screen and click “Buy Crypto”. Select “Credit/Debit Card”.
  • Continue by entering the amount of BNB you want to buy, and your card details.

A summary will display and you click “Confirm”.

2. Binance Instant “Convert”

  • Go to “Trade” and select “Convert”
  • Select the cryptocurrency you want to convert to BNB, enter the amount and click “Preview Coversion”.

You will see a preview of your transaction, click ‘Confirm”.

3. Through Binance “Classic”

  • Click on “Trade” and select “Classic”. Then search for a BNB trading pair

Here, I selected the “BNB/GBP” pair.

  • Go to the “Order book form” and place your order.

This is how you place your order:

  • Select your order type. Learn about the different “Order types” on Binance.
  • Input your “Entry Price”
  • Enter the amount of BNB you want to buy
  • Click “Buy Now”

You will receive the BNB in your wallet once your order is filled.

4. “P2P” Exchange

  • Navigate to the “P2P” option.
  • Choose “BNB” on the bar tab and filter the “Fiat” option.

You will see the “trade ads” offered by users in your country.

Select the “trade ad” that suits your need and click “Buy BNB”.

Enter the amount you wish to pay and the amount of BNB you will receive will be displayed. An order will be placed once you click “Buy BNB” again.

  • In the next page, you will be shown the trader’s payment details. Click “Transfer.Next” and “Confirm”.

Binance will release the BNB to your wallet once the trader confirms your payment.

When using Binance P2P, you need to be aware of scams. Here is an article that details how to avoid this scam.

I have shown you the 4 major ways to buy BNB from Binance.

Note that there are many other ways that we could not cover in this article.

If you live in the United States, click here to learn how to buy BNB on Binance.US.

Visit Binance.com


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Conclusion

The UK and the US are without doubt two of the most prominent countries investing in cryptocurrency.

And they can the BNB coin from the exchanges discussed in this post.

So, let me know in the comment section below:

What do you think about these exchanges and which would you go for?

Have you finally learnt how to buy BNB from Binance?

Did you think I skipped any exchange or do you have some other questions?

Put your thoughts down and we would talk.

Remember to share this article by clicking the social media icons below.

And hey! Don’t go yet, scroll down, I have bonus content for you!


Bonus Content 1 – How To Buy BNB On PancakeSwap

To buy BNB from PancakeSwap, follow the steps below:

  • Go to Pancakeswap.Finance and click “Trade”, then on “Exchange”.
  • Select the coin you wish to conver to BNB at the top and then select “BNB” beneath.

For this example, I wish to exchange my USDT for BNB.

Note that Pancakeswap only supports the BEP-20 version of ERC-20 tokens.

But you can convert any “ERC-20” token to a BEP-20 token through the following ways:

  1. Using the “Convert ERC-20 to BEP-20” on PancakeSwap
  2. Withdrawing them from exchanges like Binance and Vertex into the supported wallets on Pancakeswap
  • Enter the amount of coin you’d like to spend, and the amount of BNB you will get will be displayed, along with the estimated trasaction fee.
  • Click “Connect Wallet”, a list of crypto wallets will be displayed, then you connect to the wallet of your choice.

Tips:

Make sure the wallet you want to connect to is installed and funded.

If you’re not sure how to connect to your wallet, click “Learn How to Connect”, and you will be sent to an article that will lead you through the steps involved.

  • After your wallet has been connected, approve your transaction , and your will receive BNB in your wallet.

It is that simple!


Bonus Content 2 – How To Buy BNB With Paypal

This is how to buy BNB from eToro using your Paypal account.

Buy BNB wit Paypal
  • Once logged in, click “Complet Profile” to set up your profile.
Buy BNB wit Paypal
  • Next, complete your verification and click “Continue to Deposit”
  • A deposit page will display, select “Paypal” as your payment method.
  • Enter your buy amount, select your currency and click “Continue”.

You will be taken to the Paypal website, then you log into your account and confirm the payment.

  • Next, go to ‘Watchlist” on eToro, search for BNB coin and click on it.
Buy BNB wit Paypal
  • Click “Trade” on the BNB page.
Buy BNB wit Paypal
  • Enter the amount you want to buy and click “Open Trade”.
Buy BNB wit Paypal
  • You will see “Buy BNB Opened Position” on your screen. Once your BNB has been bought, you can view it by going to the “Portfolio” option.
Buy BNB wit Paypal

Bu BNB With Paypal


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ABOUT ME

Paschaline Anagor
I am a passionate crypto enthusiast with over three years of experience in the crypto world. Sharing insights on crypto trading, Web3, DeFi, NFTs, and the latest crypto news. Subscribe to the blog to explore the world of digital currencies!