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).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Bitcoin Cash (BCH) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) As soon as your deposit has been affirmed, you'll now have access to your funds and you can commence invest and trading. To buy Bitcoin Cash (BCH) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to find Bitcoin Cash (BCH), you will need to insert the cointype (BCH) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “BCH/BTC” to advance.
Step 4 – Buy Bitcoin Cash (BCH) As soon as you've discovered Bitcoin Cash (BCH), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most recent price Bitcoin Cash (BCH) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of BCH you wish to purchase. The ”Total” field is the whole price in BTC that you will pay for the whole amount of BCH. When you are happy, click on “Buy BCH”. Your order will be filled when a Vendor trades their BCH for the price you offered.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to take off your Bitcoin Cash (BCH), go to the ”Funds” tab and click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the given drop-down box. Put into the quantity of Bitcoin Cash (BCH) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You could be requested for verfication via phone/email before a take off.
Congrats! You have successfully purchased and safed Bitcoin Cash (BCH) in Anguilla.That's it! Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). Once you have proved your take off using Etherscan.io or Ethplorer.io and the Bitcoin Cash (BCH) is stored within your wallet, you are all done.
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