How to Buy Bitcoin Cash (BCH) in Cuba

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

Step 1 – Join Kraken

You will first need to purchase one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate (BCH) Bitcoin Cash

Once your deposit has been approved, you will now have access to your funds and you can commence buying and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

To discover (BCH) Bitcoin Cash, you will need to put the short name of the asset (BCH) into the search box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we've highlighted this too. Click on “BCH/BTC” to advance.

Step 4 – Purchase (BCH) Bitcoin Cash

Once you've found (BCH) Bitcoin Cash, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to make our Limit Order.

The “Price” field will be automatically filled with the most recent valuation Bitcoin Cash (BCH) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of BCH you wish to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of BCH.

If you're happy, make a mouse click on “Buy BCH”. Your order will be filled when a Vendor trades their BCH for the price you submitted.

Step 5 – Withdraw Bitcoin Cash (BCH)

Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your (BCH) Bitcoin Cash, hover over the tab called “Funds” and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bitcoin Cash (BCH) by using the provided drop-down box. Put into the quantity of Bitcoin Cash (BCH) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you are happy, make a mouse click on “Submit”. You could be requested for phone/email verification before a withdrawal.

Congrats! You have successfully purchased and safed Bitcoin Cash (BCH) in Cuba.

That's it!

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