1️⃣1️⃣ How to Buy Your First Cryptocurrency on Binance

📅 Publication: 03/05/2025

🎯 Objective: COMPLETE STEP BY STEP FOR BEGINNERS

After converting your balance from BRL to USDC or USDT, the next step is to acquire your first cryptocurrency.

In this guide, our first purchase example will be with the currency $BNB , which in addition to being an investment asset can also be used to pay fees on Binance with attractive discounts.

However, it is necessary to explain that it is not mandatory to own BNB to pay fees. If preferred, fees can be deducted directly from the currency used in the transaction, such as USDC or USDT, among others.

📌 IMPORTANT: Soon, we will have a specific guide explaining all the benefits of BNB on Binance, including the launch of new cryptocurrencies for users who hold a balance in BNB.

1️⃣ First Cryptocurrency Purchase – BNB (Binance Coin)

📌 Why start by buying BNB?

✅ Native currency of Binance: Used for various functions within the platform.

✅ 25% discount on fees when using it to pay trading fees.

✅ Extra benefits: Users with a balance in BNB can participate in exclusive launches of new cryptocurrencies on Binance.

📌 Step by step to buy BNB:

11.1 Access your Binance account

• Log in to the Binance app in Pro mode.

11.2 Navigate to the trading pair

• In the bottom menu, tap on 'Markets'.

• In the search bar, type 'BNB/USDT' or 'BNB/USDC', depending on the stablecoin you hold.

11.3 Choose the order type to buy BNB:

Option 1: Market Order (Immediate Purchase):

• Select the 'Market' option.

• Enter the amount of BNB you wish to buy.

• The order will be executed immediately at the current market price.

Option 2: Limit Order (Scheduled Purchase):

• Select the 'Limit' option.

• Set the price at which you want to buy BNB.

• Enter the amount of BNB you wish to acquire.

• The order will be executed when the market reaches the specified price.

11.4 Confirm the purchase

• Review and confirm the transaction.

2️⃣ Enabling the use of BNB for fees. (Example, in Pro mode of the Binance app)

📌 Step by step to enable the use of BNB for fee payments:

11.5 Access account settings

• In the Binance app in Pro mode, tap the profile icon in the upper left corner.

11.6 Activate the use of BNB for fees

• Tap on 'Settings'.

• Locate the option 'Use BNB to pay fees'.

• Enable the option by sliding the button to the right.

📌 If you do not enable this option, fees will be charged in the transaction currency (such as USDT or USDC).

📌 Continue your studies to always make the best choices when buying other cryptocurrencies on Binance.

• What are Market and Limit Orders and How to Create Them:

https://www.binance.com/pt-BR/support/faq/detail/12cba755d6334ad98ced0b66ddde66ec

• Explanation of trading fees on Binance and how to reduce them:

https://www.binance.com/pt-BR/square/post/16057525402921

💡 Important Tips:

✔ Always check the trading fees for buying and selling. Remember that when using BNB to pay fees, you receive a discount reducing the fees by 25%,

✔ Again, it is NOT necessary to own BNB to buy other cryptocurrencies.

🎯 Conclusion and Next Steps

✅ Now you know how to buy your first cryptocurrency on Binance, using market orders for immediate purchases and/or limit orders for scheduled purchases, in addition to understanding the importance of owning BNB for discounted fee payments and participation in exclusive launches!

🚀 So far, we have configured:

✔ Interface Mode (Lite or Pro).

✔ Language and time zone.

✔ Account notifications.

✔ How to deposit BRL on Binance.

✔ Conversion from BRL to USDC or USDT.

✔ Purchasing the cryptocurrency BNB as a strategy to get discounts on fees.

📍 Next guide:

1️⃣2️⃣ Trading Strategies on Binance; comparison between SPOT market and CONVERSION: Immediate Purchase and Sale vs. Scheduled.

📚 Want to learn more?

The #BinanceAcademy offers free courses in Portuguese. Access and enhance your knowledge!

🔗 https://academy.binance.com/pt