How to buy BNX token and where to buy it from (Step by Step Guide)

How to buy BNX token

BNX token is a Cyber Dragon’s governance coin that recently hit the crypto market. BNX token holders can participate in community governance and voting on major game decisions. Keep reading this detailed guide on how to buy BNX token and where to buy it from. 

In this easy-to-digest guide, you will get to know:

  • What is BNX token
  • Where to buy BNX token 
  • How to buy BNX token
  • And lot’s more

What is BNX token?

BNX, fully known as BinaryX, is a Cyber Dragon’s governance token. With this token, BNX holders can participate in community governance and voting on major game decisions. 

Based on the Binance Smart Chain, the BinaryX team powers the Cyber Dragon game. The Cyber Dragon game is a Play to Earn Game where Players can create superhero characters, collect rare equipment, and challenge Dungeon. The superhero will face the final challenge of tackling and defeating the ultimate boss, the Cyber Dragon. If the hero successfully defeats the dragon, a dragon treasure house will be rewarded to the user.

The BNX main net was launched by the BinaryX team on May 7, 2021. The team consists of members from many countries including senior technical personnel in the blockchain industry and professionals in the traditional financial industry, who have all participated in the development of top centralized trading platforms and decentralized chain projects.  as well as managed derivatives assets of more than 100M USD

The total number of BNX tokens is now capped at 21 million. A total of 1.7 million tokens have been generated after the initial mining, and more tokens will be generated as more people use and trade BNX.

BNX is ranked #278 on Coinmarketcap and the current price is  $129.34 with a 24-hour trading volume of $176,228,664. Recently, BNX went up 29.0% in the last 24 hours as at the time of writing. It has a total supply of 2.22 Million and a circulating supply of 0 BNX coins.

Where to buy BNX token (BinaryX) 

BNX token has been listed on a few crypto exchanges like PancakeSwap, Binance, MEXC Global, and Gate.io. However, it is not like other main cryptocurrencies, and cannot be directly bought with fiat money. BNX token can be bought by first buying one of the major cryptocurrencies, either Bitcoin (BTC), Ethereum (ETH), Binance (BNB), Tether (USDT), from any fiat-to-crypto exchanges and then transfer to the exchange that allows you to trade the Santa coin.

BNX tokens can be purchased primarily on centralized exchanges like PancakeSwap (v2), Binance, MEXC Global, and Gate.io. We highly recommend PancakeSwap (v2).

To easily buy this BNX token, you have to first buy Ethereum from any fiat-to-crypto exchanges and then transfer to PancakeSwap (v2) where you can trade this coin. Depending on the PancakeSwap policies, you might have to go through a KYC process that usually takes 30 minutes to complete. The process is straightforward and easy to follow.

To buy or sell BNX tokens, PancakeSwap (v2) is currently the most active exchange and the best option we recommend. With a Trust wallet, you will first buy BUSD as the cryptocurrency you need to exchange for BNX.

How to buy BNX token (Step by Step Guide)

If you want to know the best exchange available for any cryptocurrency currently trading BinaryX, Coinmarketcap or Coingecko are the best websites to make use of. To find out the particular exchange, simply go to the above-mentioned websites.  

On Coinmarketcap, search for the BinaryX token page. 

To do this, on the homepage, simply type in ‘BNX’ into the search bar at the top

Below is the direct link to the BNX token on Coinmarketcap and Coingecko.

https://coinmarketcap.com/currencies/binaryx/

How to buy BNX token

https://www.coingecko.com/en/coins/binaryx

How to buy BNX token

From these pages, you’ll get to know all the details about BinaryX including their website, what the coin is all about, current price, etc. 

Step 2. Find the Contact Address

The contract address of BNX is 0x8C851d1a123Ff703BD1f9dabe631b69902Df5f97. It can be found on the page. Simply copy it and paste it somewhere. 

Below is how it looks like:

How to buy BNX token

Step 3: Access Pancake Swap exchange through Trust Wallet

PancakeSwap can only be accessed through a Trust wallet. PancakeSwap is a DEX exchange that allows crypto traders to trade all BEP-20 tokens (as opposed to ERC-20 tokens in the Ethereum blockchain). It is similar to Uniswap/Sushiswap and runs on Binance Smart Chain (BSC)

Download the app from the Google play store or Apple store or you can download it from the official website www.trustwallet.com on your mobile device or PC. 

After downloading, follow the steps below:

  • Open the app, and Sign Up
  • Go to your dashboard
  • Click on “DApps browser”
  • Scroll to the ‘POPULAR’ section and you’ll see Pancakeswap exchange.
  • Click on ‘select a currency’, paste the BNX contract address (the one you copied from the coinmarketcap page earlier). The BNX token contract address is 0x8C851d1a123Ff703BD1f9dabe631b69902Df5f97.

Step 4: Swap BUSD for BNX coin

A smart chain BUSD can be used to buy a BNX token. Use your Trust Wallet or Binance to buy BUSB with fiat money.

After that, go back to Pancakeswap and you will see your smart chain BUSD. 

Enter the amount of BUSD you want to use to buy the BNX token. Click on ‘MAX’ if you want to use all of your BNB. Click ‘swap’, and that’s how to buy a BNX token.

Conclusion 

BNX, fully known as BinaryX token, is a Cyber Dragon’s governance coin that allows BNX token holders to participate in community governance and voting on major game decisions. The total number of BNX tokens is now capped at 21 million. A total of 1.7 million tokens have been generated after the initial mining, and more tokens will be generated as more people use and trade BNX tokens.

To buy or sell BNX tokens, PancakeSwap (v2) is currently the most active exchange and the best option we recommend. With a Trust wallet, you will first buy BUSD as the cryptocurrency you need to exchange for BNX. You have to first buy Ethereum from any fiat-to-crypto exchanges and then transfer to PancakeSwap (v2) where you can trade this coin.

If you have any other questions on how to buy a BNX token and where to buy it from (Step by Step Guide), let us know in the comments below. 

Spread the love
Posted by
Obed Okwosi

Blogger, Forex trader, Digital marketer.

Leave a Reply

Your email address will not be published. Required fields are marked *