How to Buy Bitcoin Cash (BCH) in Anguilla

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Anguilla

Step 1 – Join Coinmama

You will first need to buy one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}

As soon as your deposit has been verified, you'll instantly have access to your finances and you can launch invest and trading. To purchase {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to discover {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}, you'll need to insert the short name of the asset (BCH) into the search-box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have highlighted this also. Click on “BCH/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bitcoin Cash (BCH)
Step 4 – Purchasing {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}

After you have discovered {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date rate {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of BCH you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of BCH.

If you're satisfied, make a mouse click on “Buy BCH”. Your plan will be filled as soon as a Vender trades their BCH for the price you submitted.

Step 5 – Withdraw {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}

Unless you are regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}, go to the tab called “Funds” and click on “Withdraw”. {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} by using the given drop-down box. Drop in the quantity of {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} you would like to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.

Congratulations! You have successfully bought and stored Bitcoin Cash (BCH) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} is safe inside your wallet, you're all done.

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