How to Buy Bitcoin Cash (BCH) in Costa Rica

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

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting your first Ethereum or Bitcoin.

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you've chosen the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Bitcoin Cash (BCH)

Once your deposit has been verified, you'll now have access to your finances and you can commence invest and trading. To invest in (BCH) Bitcoin Cash on Binance, you will want to hover over the “Exchange” tab and click on “Basic”.

To locate (BCH) Bitcoin Cash, you'll need to put the short name of the asset (BCH) into the search box, which is highlighted in the image. Be certain of having selected the proper pairing, we have highlighted this also. Click on “BCH/BTC” to go ahead.

Step 4 – Buying Bitcoin Cash (BCH)

As soon as you have discovered (BCH) Bitcoin Cash, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're creating our Limit Order.

The “Price” field will be filled automatically with the most up-to-date valuation (BCH) Bitcoin Cash was sold for. You can change this to your favoured price. The “Amount” field is the quantity of BCH you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole amount of BCH.

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

Step 5 – Withdraw (BCH) Bitcoin Cash

Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an longer time period. In order 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, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the quantity of (BCH) Bitcoin Cash you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Congrats! You have successfully purchased and stored (BCH) Bitcoin Cash in Costa Rica.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (BCH) Bitcoin Cash is safe in your wallet, you are all done.