Crypto wallets for BNB buying and storing
Before the launch of the FORSAGE programs on BCS, it is important to get your team ready with the tools and right assets.
BNB format: BEP-20
👉🏻 It’s time to talk about crypto wallets that can already be used to buy, store BNB and then participate in the marketing of our community.
4 main crypto wallets:
- Trust Wallet
A decentralized wallet from Binance exchange for mobile devices.
Thanks to the integration with Simplex provider, you can buy BNB inside your wallet using VISA / MasterCard card. Apple Pay is also available for buying crypto 💳
When buying from a card the commission in Trust Wallet can reach 12%. At the same time, the minimum purchase amount from a credit card is $50, the maximum is $20,000 💳
In Trust Wallet, BNB coin of BEP-20 format we need is called Smart Chain (BNB).
❗️ Not to be confused with BNB format BEP-2.
Also, inside the wallet, you can buy another cryptocurrency (BTC, ETH, etc.) and swap it to Smart Chain (BNB).
2. Token Pocket
An easy-to-use, decentralized wallet that supports a lot of blockchains, including BSC.
The wallet has many functions: transfers, trading, conversion, asset management, DApp store, etc ✅
If you already have TRX or ETH on your wallet, you can swap it to BNB.
For example, TRX-BNB. The minimum limit of TRX for one swap is 1500 TRX (≈ $81.5). Maximum — 30,000 TRX (≈$1,631)
3. Binance Exchange
If you have already created an account on Binance, you can buy BNB on the exchange.
A simple registration procedure and the ability to purchase cryptocurrency with fiat will allow you to buy BNB and send it to your decentralized wallet.
Over 70 BNB trading pairs are available on the exchange. Withdrawal limit per day without KYC: 2 BTC 💱
Binance withdrawal fees for BNB:
• BEP-20 (BSC): 0.0008 BNB
• BEP-2 (BC): 0.001 BNB
4. Binance Chain Wallet
An analogue of the Metamask wallet is Binance Chain for Binance blockchains.
A wallet designed for sending and receiving funds in Binance Smart Chain, Binance Chain, and cross chain transfers 🌀
It works on the principle of a browser extension. You install the extension in the browser store, create a wallet and manage your cryptocurrency.
The above methods should be enough for buying BNB, but if you decide to use other wallets, we strongly recommend that you carefully read their terms and conditions and be sure to check for BNB support in the Binance Smart Chain blockchain
Beware of scammers and malware, in particular, check the correct URL in the address bar. This will help protect you from phishing attacks.