How to buy BNB and BUSD on binance.us
Instructions for US residents
If you are a US resident or are currently in the United States, you cannot use binance.com without a VPN. Furthermore, if you are a US citizen, you also cannot use Binance.com. Instead, you have to use binance.us, which is regulated by the SEC and allows only operations approved by the US financial government regulators.
BEP2 vs BEP20
Binance has created two public blockchains. The first one is called Binance Chain and is sometimes referred to as BEP2. This blockchain is used for trading crypto assets on binance.us and binance.com. The second blokchain is called Smart Chain and is sometimes referred to as BEP20. This blockchain is identical in features to Ethereum and is used for Decentralized Applications (DApps). HEO Platform is deployed on the Smart Chain and to use HEO Platform you will need to have crypto assets on the Smart Chain (BEP20). The US based site binance.us sells assets only on BEP2 network. However, any crypto asset can be easily swapped between BEP2 and BEP20.
Buying BNB and BUSD on binance.us
Create an account on binance.us. Once you are logged in, navigate to Settings/Payment Methods and add bank account or a card to be able to purchase crypto assets from Binance. You will need to buy at least $4 worth of BNB to cover network fees for swapping assets from BEP2 to BEP20 and at least $3 to interact with HEO Platform. So, it is a good idea to buy at least $10 BNB. After you've purchased some BNB, you need to purchase the amount of BUSD you wish to use for donations.
Next, read about withdrawing assets from binance.us:
Last updated