How to Buy Bitcoin Cash (BCH) in Andorra

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

Step 1 – Join CEX.io

In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and receive your first Ethereum or Bitcoin.

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate (BCH) Bitcoin Cash

Once your deposit has been confirmed, you will immediately have access to your assets and you can begin buying and trading. To purchase (BCH) Bitcoin Cash on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot (BCH) Bitcoin Cash, you'll need to insert the shortname of the coin (BCH) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this also. Click on “BCH/BTC” to proceed.

Step 4 – Buy Bitcoin Cash (BCH)

Once you've located (BCH) Bitcoin Cash, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff (BCH) Bitcoin Cash was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of BCH you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of BCH.

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

Step 5 – Withdraw (BCH) Bitcoin Cash

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. To withdraw your (BCH) Bitcoin Cash, go to the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BCH) Bitcoin Cash by using the given drop-down box. Put into the amount of (BCH) Bitcoin Cash you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Kudos! You've successfully bought and stored Bitcoin Cash (BCH) in Andorra.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off with Etherscan.io or Ethplorer.io and the (BCH) Bitcoin Cash is safe inside your wallet, you are done.