A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Comoros
Step 1 – Join Kraken In the beginning you'll need to buy one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been verified, you will instantly have access to your finances and you can begin invest and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”. To locate Bitcoin Cash (BCH), you will need to put the short name of the asset (BCH) into the search-box, which is marked in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “BCH/BTC” to progress.
Step 4 – Acquisition of (BCH) Bitcoin Cash Once you've discovered (BCH) Bitcoin Cash, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we're creating our own Limit Order. The “Price” field will be filled with the most latest tariff Bitcoin Cash (BCH) was sold for. This can be changed to your preferred rate. The “Amount” field is the volumen 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. When you are glad, click on “Buy BCH”. Your plan will be filled when a Vender sells their BCH for the price you submitted.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are trading, best advise is not to keep crypto coins on an Crypto Trader for an extended period of time. In order to withdraw your (BCH) Bitcoin Cash, hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the volumen of Bitcoin Cash (BCH) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.