How to Buy Binance Coin (BNB): A 2025 Guide

Ever since its ICO, Binance has shown meteoric growth. As a result, Binance Coin (BNB)—its token, appreciated in value as well. In this comprehensive guide, we’ll give an overview of where and how you can buy BNB coin online.

How to Buy Binance Coin: Summary

What is BNB exactly? Binance Coin (BNB) is the native token of the Binance ecosystem, which is one of the largest and most popular cryptocurrency exchanges in the world. Initially launched in 2017 as an ERC-20 token on the Ethereum blockchain, BNB later moved to Binance’s native blockchain, BNB Chain (previously Binance Chain and Binance Smart Chain).

Now, let’s have a brief look at how to buy Binance Coin in a nutshell:

1. Get a Binance coin wallet (Ledger, Coinomi).
2. Locate your BNB address.
3. Sign up to Binance.
4. Buy BNB with another crypto or a credit card.
5. Withdraw your coins (or leave them on Binance if you plan on using them).

If you want a more detailed review of what Binance Coin is and how to buy it online in three easy steps, keep on reading.

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What is Binance Coin (BNB)?

First things first. Binance Coin (BNB) is the flagship cryptocurrency of the Binance ecosystem, offering several functions and benefits to ensure its optimal use as an exchangeable instrument in addition to its application as an exchangeable asset.

Originally launched as a payment token for discounted fees for trading on the Binance exchange, BNB has evolved into a multi-purpose token that is used in various applications. Holders—or shall we say hodlers?—can use BNB for spending transaction fees, trip bookings, NFTs, and even joining token sales using Binance Launchpad.

Possibly one of its best features is its deflationary nature—Binance has a periodic process of burning tokens, irreversibly removing some BNB from circulation, which can contribute towards long-term appreciation in value. In addition, BNB exists within the umbrella of Binance Smart Chain (BSC), a rapidly growing developing blockchain that supports decentralized finance (DeFi) apps, smart contracts, and dApps. This makes BNB not just a utility token but also a gateway to the broader world of decentralized innovation.

What Is BNB Used For?

BNB is so much more than just Binance’s native coin—it’s a utility token at the heart of the Binance ecosystem and beyond. Some of its most valued use cases are listed below:

1. Reduced Trading Fees
One of the most popular and oldest applications of BNB is to pay for trading fees on the Binance exchange. By using BNB instead of other crypto or fiat currencies, users enjoy huge discounts—making it a cost-effective choice for regular traders.

2. Token Sales on Binance Launchpad
BNB provides users with special access to Initial Exchange Offerings (IEOs) via Binance Launchpad. BNB is typically a necessary asset to participate in these early-stage investment programs for new blockchain projects.

3. Binance Pay Payments
BNB is associated with Binance Pay, a borderless, contactless payment technology, where you can pay and receive pay in crypto—including BNB—for free. It’s being increasingly adopted both online and offline.

4. Get Rewards with BNB Vault and Binance Earn
You can stake or put BNB into other earning products on Binance, such as:

• BNB Vault – a yield aggregator that gives rewards from a variety of sources.
• Launchpool – where you stake BNB to farm new tokens.

5. Fuel for BNB Chain (formerly known as Binance Smart Chain)
BNB powers transactions and smart contracts on the BNB Chain, Binance’s DeFi application, NFT, and Web3 blockchain. You’ll use BNB to pay gas fees, like ETH on Ethereum.

6. Real-World Payments and Gift Cards
Using such partnerships with third-party vendors as Travala.com, BNB can be used to make travel arrangements, purchase gift cards, or make payments at retail stores that are on board. It’s part of a larger effort to introduce and cement crypto into everyday life.

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How to Buy BNB in 3 Easy Steps

Step 1: Get a BNB Wallet

Assuming you’re looking to buy and hold BNB, it is important for you to have a wallet to store it in. Since BNB is one of the most popular cryptocurrencies in the market, many wallets support it.

BNB Coin Hardware Wallets

The safest way to store BNB would be on a hardware wallet. A hardware wallet is a physical device that stores the private key to your coins offline. This way, as long as the device remains in your possession, no one can gain remote access to your coins.

Ledger hardware wallets allow you to safely store BNB as well as a variety of altcoins. There are two models to choose from—the Nano S and Nano X. What’s the difference? The Nano X is the newer model with the ability to control the wallet from your mobile phone as well as from your desktop.

You can read our Ledger Nano X review here.

TREZOR hardware wallets – Similar to Ledger wallets, TREZOR wallets allow you to store coins offline on a hardware device. The two main wallets offered are the TREZOR One and the TREZOR Model T. The Model T is the newer, more advanced wallet with a built-in touch screen. Technically, both wallets are worth it. Here’s our TREZOR Model T review.

BNB Software Wallets

Coinomi – If you’re looking for a free software solution Coinomi is an established crypto wallet that allows you to hold BNB. There’s an Android and iOS version available, as well as a desktop version.

Best Wallet– Best Wallet is a great wallet not just for storing Binance Coin but also for purchasing it. The Best Wallet comes with a built-in Decentralized Exchange that allows users to buy and swap digital currencies without giving up custody of their assets to a third party. You can learn more in their dedicated article on How to Buy BNB with Best Wallet.

Exodus – A beautifully designed wallet for Blockchain assets with over 4 million downloads that supports Binance Coin, Bitcoin, as well as over 100 other crypto assets. The wallet also has an exchange for users who want to swap BNB for other cryptos and vice versa.

BNB Web Wallet

Binance’s exchange – Generally, we advise against keeping coins on an exchange. However, if you’re planning to use BNB to save on Binance fees and you don’t own a large amount, it might be most cost-efficient to just keep it on the exchange.

Keep in mind that if this is the case, you’re giving away control over your coins to Binance.

Locate Your BNB Address

Once you have your wallet you will need to locate your Binance Coin address. Since BNB is an Ethereum token, its address will look like an Ethereum address i.e. a long string of letters and numbers starting with 0x. Here’s an example:

0x6ace7e0abcf0da3097fa7155149dccd51e20ef82

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Step 2: Find a BNB Exchange 

The next step is finding an exchange to buy BNB, and the easiest way to buy BNB is by using PayPal or a debit/credit card.

Buy BNB Through Binance

Binance is the obvious choice for buying BNB as the top BNB exchange. You can buy Binance Coin with every asset that Binance supports (which is a lot). Alternatively, you can buy BNB with debit card/credit card—for a higher fee. You can read our complete Binance review here. 

Buy BNB Through eToro

eToro allows you to invest in Binance Coin with a variety of traditional payment methods and low fees. It is recommended to use eToro for speculative purposes (not available to US users) and not if you need the actual utility from BNB, since withdrawing coins from eToro is a complicated process. You can read our complete eToro review here.

Be advised—cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Keep in mind that your capital is at risk. Also, US customers can only invest in Bitcoin, Bitcoin Cash, and Ethereum.

eToro disclaimer: Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

Different Methods to Buy Binance Coin

Find below the different kinds of methods you can use to buy Binance Coin.

How to Buy BNB with PayPal?

You can’t buy BNB directly on PayPal, but you can use PayPal to buy it on platforms that accept it. Here’s how:

Step 1: Pick a Platform That Accepts PayPal

First, you need to find an exchange that enables purchasing Binance Coin with PayPal. So far, Zengo Wallet is one of the larger platforms that allows users to buy BNB with PayPal.

Step 2: Sign Up and Verify Your Account

• Create an Account: Register with your email.
• Verify Your Identity: Upload your ID (KYC process).

Step 3: Link PayPal as a Payment Method

• Go to Settings > Payment Methods
• Select PayPal and connect your account.

Step 4: Buy BNB

• Search for BNB in the Buy section.
• Enter the amount and select PayPal as your payment method.
• Confirm your purchase.

How to Buy BNB with Credit or Debit Card?

Purchasing BNB with a credit or debit card is straightforward. Here’s a simple, informative step-by-step guide:

Step 1: Pick a Reliable Exchange

Use platforms like:

• Best Wallet – (Buy/Sell BNB with Debit or Credit Cards0)
• CEX (BNB with Visa/Mastercard)
• Changelly (Fast BNB buys with a card)

Step 2: Sign Up and Verify Your Account

• Create an Account: Sign up with your email.
• Verify Your Identity: Complete the KYC process (upload your ID).

Step 3: Add Your Credit or Debit Card

• Go to Settings > Payment Methods
• Add your credit or debit card (Visa/Mastercard).

Step 4: Buy BNB

• Search for BNB on the exchange.
• Enter the amount and select Credit/Debit Card as the payment method.
• Confirm your purchase.

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Step 3: Withdrawing Your BNB Coins

Usually, we advise withdrawing the coins you just bought into your wallet. However, if you plan on using your coins to save on Binance fees, it’s probably best to leave some on the exchange itself.

If you own a large amount or bought the coins for investment purposes only, move the coin off the exchange and into the wallet you chose on step 1, so that you will have full control over them.

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Conclusion

Depending on how good is Binance, BNB will grow in popularity as well. Is Binance Coin a good investment? Unlike most other “utility tokens” out there, BNB gives real value to Binance users in the form of saving on trading fees.

Even if you don’t think BNB has a bright future ahead of it, you might still find some value in it through the discounted fees it offers. However, if Binance truly comes through with its plans for building a decentralized exchange, BNB might see renewed interest and an additional surge in its value.

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FAQs

How to buy BNB?

To buy Binance Coin (BNB), first sign up for an account on a crypto exchange that supports BNB, like Binance or Margex. Deposit funds through bank transfer, credit card, or cryptocurrency, and then place an order for BNB.

Where to buy BNB?

BNB is primarily available on Binance and other centralized exchanges, but you can also find it on other platforms like KuCoin and OKX. Some decentralized exchanges (DEXs) like PancakeSwap also support BNB purchases.

What is the best way to buy BNB?

The best way to buy BNB is through Binance, as it offers the lowest fees, fastest transactions, and access to the Binance ecosystem. For US users, Binance.US is a secure and compliant option for purchasing BNB directly with fiat currency or other cryptos.

See also:

• Binance Review 2025
• Best BNB Casinos 2025
• 5 Best BNB Meme Coins to Buy for 2025