A Step-by-Step-Guide on how to buy sBCH (SBCH) in Anguilla
Step 1 – Signup to Coinmama You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. sBCH (SBCH) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate sBCH (SBCH) Once your deposit has been confirmed, you will directly have access to your funds and you can launch buying and trading. To buy sBCH (SBCH) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to spot sBCH (SBCH), you will need to insert the shortname of the coin (SBCH) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've highlighted this too. Click on “SBCH/BTC” to proceed.
Step 4 – Purchase sBCH (SBCH) Once you've located sBCH (SBCH), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation sBCH (SBCH) was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of SBCH you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of SBCH. If you're happy, make a mouse click on “Buy SBCH”. Your order will be filled when a Seller sells their SBCH for the price you offered.
Step 5 – Withdraw sBCH (SBCH) Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an extended time frame. To take off your sBCH (SBCH), hover over the ”Funds” tab and click on “Withdraw”. sBCH (SBCH) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find sBCH (SBCH) by using the provided drop-down box. Enter the amount of sBCH (SBCH) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.
Congratulations! You have successfully bought and stored sBCH (SBCH) in Anguilla.That's it! Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the sBCH (SBCH) is safe inside your wallet, you're done.
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