A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Belize
Step 1 – Join CEX.io You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) As soon as your deposit has been confirmed, you will now have access to your funds and you can commence buying and trading. To invest in (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 spot Bitcoin Cash (BCH), you'll need to insert the short name of the asset (BCH) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we've marked this also. Click on “BCH/BTC” to proceed.
Step 4 – Purchase Bitcoin Cash (BCH) After you've discovered Bitcoin Cash (BCH), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be filled with the recent valuation (BCH) Bitcoin Cash was traded for. You can change this to your desired rate. The “Amount” field is the amount of BCH you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete amount of BCH. If you're glad, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Seller trades their BCH for the price you gave.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive time period. To withdraw your (BCH) Bitcoin Cash, hover over the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the given drop-down box. Put into the volumen of Bitcoin Cash (BCH) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click “Submit”. You could be requested for email/phone verification before a withdrawal.