Hey people!! You asked and we got to work. Some weeks ago, we announced a few awesome updates coming to Quidax and one of them was our plan to bring DeFi, CeFi and cryptocurrencies to your fingertips and list more than 100 cryptocurrencies.

That plan starts with BNB (Binance Coin) 🚀🚀🚀. So here’s the full gist: 

You can now buy and sell BNB (BEP20) with USDT on Quidax! You can also send and receive BNB straight from your Quidax account. 

Why BNB?

BNB has shown a lot of growth over a short period. But that’s not all. BEP20 tokens work on the Binance Smart Chain and BNB is at the center of that system. This way, you can buy it easily with USDT through our instant buy/sell feature.

What is BNB?

BNB is short for Binance Coin. It is the central cryptocurrency for the Binance exchange and the Binance Smart Chain.

The Binance Smart Chain is a crypto network just like Ethereum. Many tokens are built on BSC and more are coming out every day. 

What Can You Do with BNB?

  • You can buy tokens that work on BSC using your BNB
  • You can pay transaction fees on the Binance network with BNB

How to Buy BNB on the Quidax Website

You will be able to buy BNB with Naira by following these simple steps: 

  • Sign into your Quidax account or sign up for free on the Quidax website 
  • Click on instant buy & sell and choose BNB
  • Select the currency to buy with as Tether (USDT)
  • Enter the amount of BNB you want to buy and click on the ‘buy button’
  • All done, just like that !!!

How to Buy BNB on the Quidax Mobile App

  • Download the Quidax mobile app from the iOS App Store or Google Play Store.
  • Create an account for free or sign into your Quidax account straight up. 
  • Click on buy & sell at the bottom of your screen and choose BNB (Binance Bep20).
  • Under ‘buy with’, select Tether (USDT).
  • Enter the amount of USDT you want to buy OR click on the arrow on the right side of the menu and enter the amount of BNB you want to buy.
  • Click on “Buy Binance(BEP20)”
  • All done!