Last update: Jun 6, 2022

How to Buy BinaryX (BNX)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy BinaryX. Depending on where you’re located, you’ll have various crypto trading platforms to choose from.

In this guide, we not only cover the top 3 global cryptocurrency exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Binaryx

How to Buy BinaryX – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have BinaryX of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger cryptocurrency trading platforms.

4. Buy BinaryX

Now that you have what you need to buy BinaryX, head over to the market or buy section of the crypto trading platform and buy some BNX.

If the crypto exchange doesn’t have any BinaryX on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has BinaryX first), and trade your Ethereum for BinaryX.

Where to Buy BinaryX (BNX)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell BinaryX

  1. Sign into the exchange where you bought BinaryX.
  2. Move your BinaryX to the right place on the crypto exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell BinaryX.

 

Crypto trading

How to Buy BinaryX (BNX) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy BinaryX in Australia, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy BinaryX if it’s available. If the exchange doesn’t have BinaryX. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has BinaryX), and trade your ETH for BinaryX.

You can also check out our comparison of the best places to buy bitcoin in Australia if you’re interested in learning more about which exchanges we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy BinaryX (BNX) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy BinaryX in Canada, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy BinaryX if it’s available. If the exchange doesn’t have BinaryX. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has BinaryX), and trade your ETH for BinaryX.

You can also take a look at our analysis of the cheapest crypto exchanges in Canada for those interested in learning more about the exchanges we would recommend.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy BinaryX (BNX) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy BinaryX in the UK, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy BinaryX if it’s available. If the exchange doesn’t have BinaryX. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has BinaryX), and trade your ETH for BinaryX.

It’s also possible to take a look at our analysis of the better exchanges for trading crypto in the UK If you’re looking to learn more about the exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying BinaryX? BNX Rundown

BinaryX is behind CyberDragon. This play to-earn game is on the Binance Smart Chain ( BSC). BinaryX was initially a decentralized derivative trading platform. However, it has changed its design to adapt to the boom in the Gaming sector. BinaryX is currently building a metaverse MMORPG called CyberDragon. It is a classic MMORPG that uses DeFi components. Game props derivatives can be NFTs and players have the option of choosing from different gameplay modes, such as PvE or PvP. CyberDragon offers a dual token economy system where players can make income by simply playing the game. The ultimate goal of CyberDragon is to defeat the cyber dragon. Cyber Dragon treasure rewards will be awarded to players who are victorious.

BinaryX stated its vision to be the most innovative GameFi project and bring more innovation into the blockchain gaming industry.

BinaryX aims to draw players with its game with low entry barriers, simple vocabulary and multiple game scenarios that revolve around earning.

Players can create characters that can be upgraded by eating gold, an in-game currency. Gold can be obtained by daily mining or dungeon adventure. While leveling up a character will increase combat power and mining speed but not the basic attributes, it can help you get more gold. Once a user has reached a certain level, they can unlock high-level jobs and challenges. There are five classes of characters that players have the option to choose from:

  • Warrior: Protects others and has the greatest strength and constitution growth.
  • Rogue: Has the greatest agility and can avoid damage. He can also steal equipment from the team and get gold.
  • Mage: Can give debuffs to the enemy and can equip staff and robes, but cannot use shields or armor. Magi can create magic equipment and have the greatest spirit and intelligence growth. They are also
  • able to improve team combat abilities.
  • Knight: A fighter who can offer bonuses to others; not very effective in combat but has high aura skills.
  • Ranger: Can take out opponents with a bow and help team avoid traps.

There are many attributes to each character:

  • Strength is the key to attack power.
  • Agility is a combination of hand-eye coordination and flexibility. This attribute is especially important for rogues.
  • Constitution: Represents health and endurance.
  • Intelligence is the ability to think and learn. It is the most important trait for the mage as it determines how many spells a hero can cast.
  • Willpower is the ability to endure injury and pain.
  • Spirit: Higher spiritual power leads to less magic damage

Players can combine different attributes to go on dungeon adventures. They will kill monsters, challenge bosses, and take treasure chests. You can choose to compete in small dungeons that require only one hero or large dungeons that require two heroes. In either case, you will win battle rewards. Players can engage in daily mining, as well as battles.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.