How to Buy, Sell and Trade BNB on Obiex

What is BNB

Binance Coin (BNB) is a cryptocurrency issued by Binance, the largest cryptocurrency exchange in the world.

BNB was primarily based on the Ethereum network but is now the native currency of Binance's blockchain, the Binance chain.

BNB was first created to be a utility token for discounted trading fees on Binance in 2017, but the token can now be used for trading, travel bookings and paying for financial and online services.

BNB Market Cap and Price

BNB has a current market capitalisation of $37B and a circulating supply of 155,854,219.5 BNB. The current price of BNB is $240.71.

How to Deposit NGNX on Obiex from your local Bank. | Obiex Finance Help Center

On Obiex, you can deposit Naira from your local bank account and exchange it for other coins. Follow these steps to do this.

Obiex Finance Help Center

How to Buy BNB on Obiex Using Naira

1. Log in to your Obiex account using your registered email address and password. If you don’t have an obiex account, click here to create one in less than 2 minutes.
   
2. Select the “Buy/Sell” button in the top middle of your screen (for mobile app) or the Top right corner of your screen (for Web).
   
3. Tap and select NGNX from the "from" coin list.
   
4. Select BNB from the "select coin" list.
   
5. Enter the amount of naira you want to buy BNB with.
   
6. Tap “Get Quote” to see the exchange rate and amount of BNB you’re buying.
   
7. Tap “swap” to confirm the transaction.
   
8. You now have BNB in your Obiex Wallet.
   
   

How to Swap BNB to Naira on Obiex

1. Log in to your Obiex account using your registered email address and password.
   
2. Select “Wallet” and tap BNB, then select Swap.
   
3. Select NGNX from the "select coin" list.
   
4. Enter the amount of naira you want to swap BNB  to.
   
5. Tap “Get Quote” to see the exchange rate and amount of Naira you’re swapping.
   
6. Tap “swap” to confirm the transaction.
   
7. You now have Naira in your Obiex Wallet.
   

How to withdraw NGNX from Obiex to your local bank account. | Obiex Finance Help Center

NGNX is tied to the value of the Nigerian currency; Naira, and it can be sent directly from your Obiex Wallet to any Nigerian bank account.

Obiex Finance Help Center

How to Deposit BNB on Obiex

1. Log in to your Obiex account using your registered email address and password.
   
2. Select the “Deposit” button on the top left of your screen (for mobile app) or the Top right corner of your screen (for Web).
   
3. Select BNB from the list of crypto assets.
   
4. Select a network deposit address. Obiex supports Ethereum (ERC20) and BSC(BEP20) deposit networks.
   
5. Scan the code to deposit BNB, or copy the wallet address to make your deposit.
   
6. You will receive a notification once the BNB is successfully deposited in your wallet.

How to Withdraw BNB on Obiex

1. Log in to your Obiex account using your registered email address and password.
   
2. Select the “Withdraw” button on the top second left of your screen (for mobile app) or the Top right corner of your screen (for Web).
   
3. Select BNB from the list of crypto assets.
   
4. Choose from the three withdrawal methods: Send to Obiex user, Send to multiple users or Withdraw to an external wallet.
   
5. If you choose to send to an Obiex user, type in their username, BNB amount, and the reason for transfer (this is optional) and tap send to the user.
   
6. If you choose to send to multiple Obiex users, type in their usernames and the BNB  amount for each user and tap send.
   
7. If you select withdraw to an external wallet, paste the wallet address or select a wallet address from your saved address list.
   
8. Choose the network ( BEP20) you want to use, type the amount of BNB you want to send, and the reason for the transfer (this is optional).
   
9. Tap withdraw, and your transaction is now complete.

How To Swap BNB to Other Cryptocurrencies on Obiex

1. Log in to your Obiex account using your registered email address and password.
   
2. Tap the swap button at the bottom middle of your screen.
   
3. Select BNB from the "from" coin list.
   
4. Select BTC, ETH, USD, USDC, BUSD or any other crypto from the "select coin" list.
   
5. Select and confirm the coin amount you want to exchange.
   
6. The swapped amount of the selected coin is now in your wallet.
   

How To Swap Other Cryptocurrencies To BNB on Obiex

1. Log in to your Obiex account using your registered email address and password.
   
2. Tap the swap button at the bottom middle of your screen.
   
3. Select BTC, USDT, BNB, BCH, LTC, SOL or any other crypto from the "from" coin list.
   
4. Select BNB  from the "select coin" list.
   
5. Select and confirm the coin amount you want to exchange.
   
6. The swapped amount of BNB is now in your Obiex BNB wallet.