How to Buy renBCH (RENBCH) in Anguilla

A Step-by-Step-Guide on how to buy renBCH (RENBCH) in Anguilla

Step 1 – Join Coinmama

You will first need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get your Bitcoin or Ethereum.

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

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. renBCH (RENBCH) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find renBCH (RENBCH)

Once your deposit has been approved, you will directly have access to your finances and you can launch invest and trading. To purchase renBCH (RENBCH) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To locate renBCH (RENBCH), you will need to insert the shortname of the coin (RENBCH) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've marked this also. Click on “RENBCH/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} renBCH (RENBCH)
Step 4 – Buying renBCH (RENBCH)

After you've located renBCH (RENBCH), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order.

The ”Price” field will be automatically filled with the most recent price renBCH (RENBCH) was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of RENBCH you like to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the complete quantity of RENBCH.

When you're satisfied, make a mouse click on “Buy RENBCH”. Your plan will be filled when a Vendor sells their RENBCH for the price you submitted.

Step 5 – Withdraw renBCH (RENBCH)

Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. In order to take off your renBCH (RENBCH), go to the tab called “Funds” and mouse click on “Withdraw”. renBCH (RENBCH) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find renBCH (RENBCH) by using the provided drop-down box. Drop in the amount of renBCH (RENBCH) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Congrats! You have successfully purchased and stored renBCH (RENBCH) in Anguilla.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the renBCH (RENBCH) is safe in your wallet, you're done.

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