An exchange for buying and selling cryptos, including an investment possibility is the Bitbns platform. The platform enables users to trade several cryptos and blockchain-enabled assets, including Bitcoin, Ethereum, and dozens more. There are crypto-crypto and crypto-fiat pairs available, with the INR serving as the only fiat. To store money, traders can purchase a cold wallet or utilize a regular e-wallet. A variety of programs are included in the investment portfolio, which is refreshed every 30 days. Besides Bitcoin and Ethereum, BNB or Binance coin is a frequently traded cryptocurrency. How can anyone trade with BNB on Bitbns? Let us see from this post.
Trade With BNB On Bitbns
According to a Bitbns crypto exchange assessment, this business has provided Indian users with the greatest crypto trading quality since it first launched. This bitcoin exchange is only available in India, where consumers must have contact details with an Indian area code in order to register. NRIs are not permitted to use this exchange’s services. Of course, a popular crypto trading site for exchanging, purchasing, and selling BNB is Bitbns. On its platform, it also provides a number of virtual assets, and tokenized assets may be exchanged there as well. This is a great feature that is not available with other exchanges.
Binance is often sought for BNB trading. To know how to trade on Bitbns, read through. The first phase is to join Bitbns India for the service. To do this, the trader must go to the Bitbns site and hit the signup option. The trader must provide fundamental information, including their username, email account, contact information, and a secure password. Traders will get an OTP for their enrolled cellphone number, and after inputting it, they will be directed to the interface of the trading system, where they may begin trading. While depositing fiat, the KYC information is needed.
KYC Procedure For Fiat
If the buyer wishes to transfer or receive fiat currency, they should confirm their KYC processes. They must produce their identity Card documents, which include evidence of residence and birthdate, in order to withdraw cryptocurrency. To fulfill the Bitbns KYC procedure, these national papers include an Aadhar card, voter ID card, and passport. Begin trading with BNB after depositing fiat. Following the KYC procedure, customers are sent to the exchange’s interface, where they may begin trading. They can place purchasing or selling orders by indicating the amount and value of the coin. By clicking submit, your order gets placed.
After completing the validation procedure, you may log in and begin buying BNB.
Binance Coin (BNB) transfers from/into Bitbns accounts to other wallets are also feasible within 10 minutes via the Bitbns platform. The BNB’s major benefit is that it can be used to settle for swap, transfer, and listing fees on the Binance trading platform. If you possess BNB on its founding exchange, Binance, all costs are lowered by 50%. This facility is still not available on Bitbns. Bitbns has introduced a fresh coin to Bitbns Futures. That crypto coin is BNB only.
Summary
In this post, you have seen how to trade with BNB on Bitbns. Bitbns crypto exchange is a great exchange. BNB was a crypto produced by the Binance platform that operates under the ticker BNB. BNB was founded upon the Ethereum platform at first but is currently the native crypto of Binance’s own chain. Binance spends a portion of its earnings each quarter on destroying and rebuying tokens. Some people may choose WazirX and CoinSwitch Kuber for trading. However, futures trading with BNB is available at its best on Bitbns only. Come and be a part of this platform for the best trading experience.