A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Burma
Step 1 – Signup to CEX.io You will first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been affirmed, you will instantly have access to your funds and you can launch purchasing and trading. To buy Bitcoin Cash (BCH) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To find Bitcoin Cash (BCH), you'll need to insert the short name of the asset (BCH) into the search box, which is marked in the graphic. Be certain of having selected the right pairing, we have marked this too. Click on “BCH/BTC” to continue.
Step 4 – Purchasing (BCH) Bitcoin Cash Once you have spotted (BCH) Bitcoin Cash, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're making our Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Bitcoin Cash (BCH) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of BCH you wish to purchase. The “Total” field is the total price in Bitcoin that you will settle for the whole quantity of BCH. If you are glad, click on “Buy BCH”. Your plan will be filled when a Vender sells their BCH for the price you offered.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are trading, you should never keepyour crypto coins on an Exchange for an extensive period of time. In order to withdraw your Bitcoin Cash (BCH), hover over the tab called “Funds” and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Drop in the volumen of Bitcoin Cash (BCH) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, click “Submit”. You could be asked for verfication via email/phone before a take off.