How to buy BNB Native BNB - Full Guide

In this step by step guide, youโ€™ll learn how to set up your crypto wallet and buy BNB Native bnb on BSC.

Flooz Checkout

Flooz has launched a "Checkout" feature that allows you to buy BNB Native (BNB) using your local FIAT currency, like Dollars, Euros, Pounds, and Naira. The Flooz Checkout feature currently supports three major chains: Ethereum, BNB Smart Chain, and Polygon.

You pay

You get

What is BNB Native?

Token price

$210.10

-0.05% last 24H

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Market cap

$32.37 B

24h vol

$213.25 M
ChainBSC

Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance. Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing. In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB. The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance. Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas. Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.

TL;DR

The Flooz Checkout empowers you to buy BNB Native (BNB) using any FIAT currency, like Dollars, Euros, Pounds, Ghanaian Cedi, and Naira on: Ethereum (ETH), Binance Smart Chain (BSC) and Polygon (Matic).

Here is how to buy BNB Native (BNB) step-by-step with Flooz:

1. Download the Flooz App in the ๐Ÿ”— Apple App Store or the ๐Ÿ”— Google Play Store
2. Set up your new wallet or import your existing wallet into the Flooz App
3. Select BNB Native (BNB) to buy using your local currency and payment method.
4. Enter the amount and buy BNB Native (BNB) and confirm
5. Once your transaction is completed, you can manage, track and swap your BNB Native (BNB) inside the Flooz App.

If you've already used the Flooz App, then you know how easy it is. However, if you're new to it, this guide will show you how to buy BNB Native (BNB) or any other cryptocurrency.

Please note that cryptocurrencies are subject to high market risk and volatility. Please conduct a thorough research about the risk involved in purchasing cryptocurrency and only invest in products that you are familiar with. This step by step guide is no financial advice or to be viewed as an official endorsement by Flooz about the cryptocurrency itself or the success of the project.

The information about the token is provided by third parties - Flooz does not guarantee and is not responsible for the accuracy of the information presented here. Further, Flooz does not take any liability for your actions on the platform. For more information, please read our Terms of Service.

How to buy BNB Native in 4 steps in 2023:

Step 1

Scan to download Flooz App

Flooz App is available on Android, in the Play Store, and iOS, in the App Store. Look for "Flooz" or "Flooz: NFTs & Crypto Wallet" in the app stores.
You donโ€™t have to worry about entering any personal information, or wait around to be validated. Downloading the Flooz App is free and doesn't require KYC or account setup. Get set up in less than two minutes, and gain instant access to buy over 180K cryptocurrencies!

Step 2

Set up your Flooz wallet

Setting up your non-custodial crypto wallet using Flooz is simple and secure, we value the importance of privacy and ownership, meaning that youโ€™re the sole owner of your digital assets at all times.

After setting up your Flooz App, always make sure you set a strong 6-digit pin-code or configure your Face ID, and back up your secret phrase to store in a safe place.

If you already have a crypto wallet, then you can easily bring in your assets, NFTs, and transaction records by importing your existing wallet into the Flooz App. Once you're in, you can add up to five accounts for free and use them for various transactions like buying, swapping, spending, and sending tokens to your friends!

When selecting a crypto wallet, there are numerous factors to weigh, but safety should definitely be your first priority. Flooz provides you with a non-custodial wallet, and if you care about security, you donโ€™t want any provider to store your assets on your behalf, right?

This could happen when you let someone else store your funds - FTX lost $6 billion dollars worth of customer funds.

Hereโ€™s what happens when the central banking system collapses - Central Nigerian Bank halts all withdrawals of cash above $50 a day.

To learn how to buy BNB Native (BNB) with your local payment method, just follow the instructions below.

Step 3

Buy BNB Native (BNB) with your local payment method

Buy BNB Native (BNB) directly with cryptocurrency or popular payments methods such as Apple Pay, Google Pay, Credit Card, Bank Transfer and Mobile Money (MTN, Vodafone Cash, Airtel Tigo) and others.
Best price guaranteed! Flooz is like Skyscanner. We analyze more than 40 different decentralised exchanges to provide you with the best prices at the fastest routes.

Step 4

Track, manage and trade your BNB Native (BNB)

Track the performance of your BNB Native (BNB) trade with real-time data and alerts in Flooz. Our powerful portfolio tracker automatically tracks any transaction across 180k different cryptocurrencies on Ethereum, Polygon and the Binance Smart Chain.

You can use Flooz to swap BNB Native (BNB) to any currency or send it to any wallet across the world in near real-time!

Why buy BNB Native (BNB) with Flooz?

Buy crypto with any currency

Buy or swap any of our 180K+ supported cryptocurrencies. Itโ€™s simple, secure and fast.

Safe and secure

The Flooz App is a non-custodial wallet and audited by Sigma Prime. No one but you has full access to your funds. Your keys, your crypto!

Best prices and fastest routes

Buy and trade any token on all popular chains at the cheapest rates and fastest routes. Flooz analyses 40+ different decentralised exchanges to offer you a best price guarantee.

Track your performance

Track and manage all your crypto assets with real-time alerts and data. Flooz is the easy way to buy, trade, send and receive any crypto assets.

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