BNB is the cryptocurrency of the Binance exchange. It is used for charging fees on transfers between external and internal wallets, as well as for withdrawals.
How to Buy BNB?
BNB can be purchased on various cryptocurrency exchanges.
Through Binance
Register on Binance
Create a free account on the Binance website or app. Complete identity verification.Choose a Payment Method for Buying BNB
Click "Buy Crypto" on the website and select BNB. You can pay via:Credit Card: Choose BNB and USD, select "Card," add your card details, and confirm. Follow your bank’s instructions to complete the payment.
Google Pay or Apple Pay: Choose BNB and USD, select "Google Pay" or "Apple Pay," and confirm the purchase.
Third-Party Services: Explore available payment options in the Binance FAQ section.
Check Payment Details and Fees
You will have 1 minute to confirm your order at the current price. If you are not satisfied with the price, you can refresh it.
Note: Binance is not available in Russia, Indonesia, Singapore, Thailand, Vietnam, UAE, Bahrain, Kazakhstan, Japan, Turkey, Canada, the Netherlands, Cuba, the USA, Iran, Korea, and Syria.
Through MetaMask
You can also buy BNB directly in MetaMask using its built-in buying feature. Select BNB and complete the purchase. For more details on the process, refer to the MetaMask guide.
Other Exchanges
BNB can also be bought on the following platforms:
How to Transfer BNB to an External Wallet?
To use BNB, you need to transfer it to an external Cheelee wallet. Here's how:
Use the transfer option on your chosen exchange to send funds to an external Cheelee wallet.
Make sure to select the correct network (BEP20) and enter the accurate wallet address. For address details, check the article about the external wallet.
Confirm the transfer and wait for the transaction to complete.
Why BNB?
BNB is the main token of the Binance Smart Chain (BSC) and follows the BEP-20 standard. We chose BNB for transaction fees because:
It enables fast and low-cost transactions—about 0.0009 BNB per operation on Cheelee, which is roughly 63 cents.
BNB is supported by most popular wallets and exchanges, making it convenient and secure for trading, selling, and buying.
We recommend Cheelee users fund their external wallets with an amount of BNB equivalent to $10, which should last a long time.