News & How-To's about the cryptocurrency $BANANO
Here’s Episode 5 of ‘Banano Bites’ — BANANO’s Educational Video Series!
This time it’s all about how to Trade BANANO on a cryptocurrency exchange!
All details here:
https://www.publish0x.com/banano/banano-bites-episode-5-learn-how-trade-banano-xjqdmj?a=QJ0dNjvdLO
Direct Link: https://youtu.be/iXtFHY3LRN0
BANANO is listed on several exchanges (both centralized and decentralized). Here’s a short overview of all current exchanges with trading pairs you can use to buy or sell $BANANO, and some How-To’s linked for those among us who are not that experienced with cryptocurrency trading yet.
This post will be kept updated over time. Last update: Mar 12, 2024
Important: Never leave funds on exchanges if you’re not trading! Not your keys, not your coins!
Decentralized BANANO exchanges
Wrapped BANANO (wBAN) is available on Etherum Mainnet and also on Polygon, Binance Smart Chain (BNB), Arbitrum and Fantom networks. More details about wBAN here.
Quick links to defillama.com swap (Meta dex aggregator):
ETH Mainnet | Arbitrum | Fantom | Polygon | BNB chain
Not a DEX but BANANO mainnet swaps enabled:
Centralized BANANO exchanges
(Exchanges are roughly sorted by liquidity – highest first)
Other Centralized BANANO exchanges (currently not recommended due to issues or very low liquidity):
Market overview also at coingecko.com and coinmarketcap.com.
If you want to buy BANANO but don’t own any cryptocurrency yet, you can also buy BTC, ETH or NANO with EUR/USD or your local currency on one of the following exchanges and send it to then to one of the exchanges listed above to buy BANANO.
Former BANANO exchanges:
Bitmesh.com (decided to delist most altcoins)
QBTC.ink (status unclear)
Altilly.com (was hacked)
Atomars.com (discontinued)
Citex.co.kr (status unclear)
GJ.com (status unclear)
Qtrade.io (trading pair: BTC)
Hotbit.io (closed down mid 2023)
Unnamed.exchange (out of business 2023)
Txbit.io (out of business 2023)
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Banano now is listed on its second relevant exchange after Mercatox: the Dutch exchange txbit.io.
For those of you not being used to trading cryptocurrencies on exchanges yet, here’s a step-by-step walkthrough of how to buy or sell Banano on txbit. You might also find this previous how-to explaining all steps at Mercatox helpful.
The direct trading pairs of Banano (BAN) on txbit.io are Bitcoin (BTC), Ethereum (ETH) and Solaris (XLR).
(Note: Mercatox Banano trading pairs currently are BTC and NANO.
So if you plan to buy Banano (BAN) at txbit.io, you either need to deposit one of the Base Market coins (BTC, ETH, XLR) directly and buy BAN, or you also could deposit other coins like NOS to txbit. In this case you would then first trade your NOS to BTC and afterwards your BTC to BAN, for example.
Now here’s some step-by-step examples of how to trade at txbit and buy Banano:
First, go to txbit.io and create an account (SIGNUP button). If you already have one, log in.
After confirming your email address and logging into your account, find the “WALLETS” button at the top:
Then you’ll see a lot of empty wallets, for example also your Nano, Nollar and Nos wallets:
Let’s say we want to deposit NOS (XNOS) and sell it for BTC to buy Banano. To do this, just find the button “DEPOSIT” for NOS:
Next, click “Generate address” and send NOS from your wallet to this address. Double check that everything is correct before sending. Ideally try this with a small amount first.
After a few minutes (in this case it took less than 10 secs) your deposit should arrive and show up in your NOS wallet:
Continue readingSo Banano is now listed on its first big exchange, on Mercatox! That is great news!
For those of you who are not that used to trading cryptocurrencies on exchanges yet, here’s a step-by-step walkthrough of how to buy or sell Banano on Mercatox.
In this example, we’ll send some BAN to Mercatox and trade there. You also can send BTC or NANO (here still called XRB) to Mercatox.
First of all go to https://mercatox.com/ and sign up if you have no account yet, otherwise log in.
Next, click on “E-Wallet” on the top left:
