Where & How to Buy BNB (BNB) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy BNB on 5+ highly rated crypto platforms.
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Updated on Feb 21, 2025
Reading time 3 minutes

The safest and easiest way to buy BNB is through a cryptocurrency exchange, which functions similarly to a stock trading platform. It takes just a few minutes to buy BNB this way. Follow our quick step guide below.

How to buy BNB quickly in 3 steps

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To get BNB, you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time, and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 10 crypto platforms for users based in

Plus500 review
4.5
Plus500
Min. Deposit $100
Fees From 2%
No. assets 2800+
Demo account Yes

Plus500 review

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

KuCoin review
4.2
KuCoin
Min. Deposit n/a
Fees
No. assets n/a
Demo account No

KuCoin review

Paybis review
4.4
Paybis
Min. Deposit $4
Fees Variable
No. assets 90+
Demo account No

Paybis review

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy BNB token

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Locate the search box and type BNB. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own BNB tokens! Not a big deal, right?

The easiest way to buy BNB

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The overall best platform to buy BNB for beginners is Plus500 .

Here are the top five places to buy BNB, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. Plus500: Best for international trading*
  2. KuCoin: Best social trading altcoin exchange
  3. Paybis: Best crypto platform for choice of payment methods

Read more about how we rate, rank and review platforms.

Best exchanges to buy BNB (BNB), reviewed

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We found 10 crypto platforms for users based in

1. Plus500. Best for international trading*

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4.5
Ratings

£100

Min. deposit

From 0.8%

Fees

2,800

No. assets

Yes

Demo account

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you trade. Its technology driven platform gives access to futures for the two biggest cryptos, Bitcoin and Ethereum. 

Plus500 has something for all types of crypto trader, no matter what level of experience. Its low margin requirements of $20 for Ether and $100 for Bitcoin make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Fees & Costs

Pros & Cons

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorised by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe such as leverage limitations and bonus restrictions.

2. KuCoin. Best social trading altcoin exchange

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4
Ratings

$-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens. 

The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance. 

Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges. 

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Pros & Cons

3. Paybis. Best crypto platform for choice of payment methods

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Paybis_logo
4
Ratings

$4

Min. deposit

Variable

Fees

90

No. assets

No

Demo account

Overview

We love Paybis because it is one of the simplest crypto platforms to use, making it ideal for both beginners and experienced traders. The intuitive interface makes the process of buying and selling cryptocurrencies smooth, fast, and hassle-free. 

Paybis offers a good selection of coins to buy and sell including popular options like Bitcoin and Ethereum, as well as many altcoins. With such a wide range of tokens, you’ll be able to diversify your portfolio and take advantage of market opportunities very quickly. 

One of the best features of Paybis is its selection of payment options. Not only can you buy Bitcoin with a credit or debit card using USD, but you can also choose from several payment apps and digital wallets. 

The fees: How much you will pay will depend on the payment option you use. Paybis provides detailed information on the types of fees applied. You can expect competitive rates, with clear outlines of transaction and network fees, before buying or selling.

Highlights

Fees & Costs

Pros & Cons

How to trade BNB

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You can trade BNB on a cryptocurrency exchange using simple steps. Here’s a quick example that clearly lays out how BNB crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of BNB/USDT is $1. You read the price charts and decide that now is a good time to start purchasing BNB.
  2. Open a trade: You trade one USDT for one BNB ($1 USD for 1 BNB).
  3. Continue to monitor the price: The following month, one BNB token is now worth $2, a 100% increase.
  4. Close your trade: You trade your BNB token back to USDT for $2.

In this example, you buy and sell BNB, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts and technical patterns, and understanding markets and margin trading, which you can do right here on Invezz.com.

What is the best way to invest in BNB (BNB)?

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The simplest way to buy BNB cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for BNB.

  • Buy BNB with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy BNB with a bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store BNB (BNB)?

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Most people keep their crypto on the exchange they used to purchase it. If you only plan to hold onto it for a little while, then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of BNB then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet or a safe, where you take responsibility for it yourself. Two of the best BNB wallets to use are MetaMask and the Ledger Nano S.

Should I buy BNB now?

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The answer depends on the current price and your own investment goals. Put simply, purchasing BNB, selling BNB, and trading BNB are all the exact same process in literal terms. It’s just your personal investing intentions that define whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long-term in the hopes of larger profits. In this sense, any time is a good time to trade BNB.
  • As a long-term investor: a long-term investor is not concerned if the price is up or down 10% on any given day. Instead, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of BNB, then a good time to purchase BNB is on any significant dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying BNB and selling it the next day probably isn’t why you’re here either.

How has BNB (BNB) performed this year?

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The current BNB price today is $630.15, which is -20.57% versus its all time high of $793.35, which it reached on 04 December 2024. BNB is +57.22% this year, with a 52-week high of $793.35 and a 52-week low of $363.22. 

Regardless, closely following BNB price news & analysis will help you decide when to pull the trigger.

Is Binance coin (BNB) a good investment?

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Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of Binance coin and its token to help you decide whether to invest in BNB.

  • Binance coin is one of the world’s largest cryptocurrencies. Binance coin is ranked in the top five largest cryptos in the world. With a market cap of approximately $50 billion, it’s just behind Bitcoin, Ethereum, and Tether. It also has an average daily trading volume in the billions of dollars, meaning liquidity issues are almost non-existent, unlike many smaller coins. 
  • BNB has lots of uses within the Binance ecosystem. BNB was created to reduce trading fees on the Binance exchange. While that is still the case, its utility has expanded and can be used across the whole Binance ecosystem. It is integral to many functions of the Binance smart chain and wallets. 
  • As time goes on, fewer BNB tokens will be available. Binance uses a process known as burning, which permanently destroys some of its coins. Every quarter it uses 20% of its profits to repurchase BNB tokens and destroys them. This makes it a deflationary coin, as, in the future, fewer coins will be available, which will increase its scarcity and, ultimately, value. 
  • BNB coins have real world use. You can use Binance coins to purchase real world products or services. It is possible to use BNB to make credit card payments, pay for travel arrangements, donate to charity, and many more. In addition, BNB can be used to secure decentralised loans and other defi services. 
  • You can use BNB for discounted fees on the Binance platform. You can use BNB to benefit from trading fee discounts when using the Binance exchange. However, this is only for the first five years of using the platform, as the discount is reduced every year.

In addition to these features, there are many more reasons why Binance coin is unique and might be worthy of your interest. To learn more about Binance coin and how it works, visit our beginner’s guide to Binance coin.

FAQs

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Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...