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How to Buy Nano Coin with an exchange
There’s another method by which you can buy all the Nano coin XRB you please. There are many exchanges online which stock tons of different coins. Crypto investors go to one exchange or other, perhaps in search of a good Nano coin price, and trade coins like Bitcoin for altcoins like Nano coin. We’re going to show you how to use the world’s biggest exchange, Binance, to buy Nano coin. But first, you’ll need some Bitcoin.
If you don’t have Bitcoin already, head over to Coinbase, where you can use fiat currencies like US Dollars to buy Bitcoin, using a bank transfer or a credit card. Wait for your Bitcoins to arrive, then go on to the rest of the steps.
Now that your Bitcoin has arrived, let’s get you started on Binance. Go to Binance.com and create an account.
When you input your email and new password, you’ll be asked to complete Binance’s interesting take on the CAPTCHA. Do so, click on the links in the emails they send you, and you’ll be led to the following screen where you can add security to your new Binance account.
Here, you’ll be offered the chance to add 2 Factor Authentication to your account. This means that, in addition to your password, Binance will give you a code (a new one appearing every 30 seconds on a phone app, 24/7/365) which you’ll need to input each time you login. No one else will have access to this code, so no one else should be able to get into your account or monkey with the precious currency therein.
Now it’s time to fund your account. At the top of the screen, click “Funds”, then “Balances”. This will take you to a wallet screen. Binance gives you a wallet for every coin they sell, just in case you were to buy one. All you need to pay attention to right now is the Bitcoin wallet, which you can isolate by typing “Bitcoin” into the search bar as pictured below.
Click “Deposit” beside the Bitcoin wallet, because you are now going to deposit coins from Coinbase into this wallet.
Copy the “BTC Deposit Address”, run on over to your Coinbase wallet”, and paste it into the address line in the “Send” function on your Coinbase Bitcoin wallet. Always double check addresses. In a few minutes, your Bitcoin will arrive in your Binance Bitcoin wallet and you’ll be ready to buy Nano coin at today’s Nano coin price. Click on “Exchanges”, then “Basic”.
This is the most important Nano Binance page. When you get to the trading screen, type “Nano” into the little search bar on the right, as pictured above. This will bring up the “NANO/BTC” trading pair. Click it. When you see the Nano coin price chart appear, you’re ready to buy Nano Binance. Now turn your attention to the green button below.
This little menu is what you’ll use to buy Nano coin at the present Nano coin value. You’ll see the current Nano coin price already filled in beside “Price”. Now all you have to do is choose how much Nano coin you would like to buy. You can do this by clicking the percentage buttons, which represent how much of the Bitcoin stored in your Binance Bitcoin wallet you would like to spend on this purchase. Once you’ve made this decision, you’ll see a total price on the last line. Then just click “Buy NANO” and your order should fill in just a minute or so.