How to Buy Bitcoin Cash (BCH) in Denmark

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

Step 1 – Signup to Kraken

You'll first need to buy one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome Bitcoin or Ethereum.

Kraken Signup
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an 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 alike. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Binance Signup

Step 3 – Locate (BCH) Bitcoin Cash

As soon as your deposit has been confirmed, you will immediately have access to your assets and you can launch buying and trading. To buy (BCH) Bitcoin Cash on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

To find (BCH) Bitcoin Cash, you will need to put the cointype (BCH) into the search-box, which is marked in the image. Be certain of having choosen the proper grouping, we have marked this also. Click on “BCH/BTC” to progress.

Step 4 – Acquisition of (BCH) Bitcoin Cash

As soon as you've spotted (BCH) Bitcoin Cash, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our Limit Order.

The “Price” field will be automatically filled with the up-to-date rate (BCH) Bitcoin Cash was sold for. This can be changed to your preferred price. The “Amount” field is the amount of BCH you wish to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the whole volumen of BCH.

If you are glad, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Vender trades their BCH for the price you introduced.

Step 5 – Withdraw (BCH) Bitcoin Cash

Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your Bitcoin Cash (BCH), hover over the “Funds” tab and click on “Withdraw”. Bitcoin Cash (BCH) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bitcoin Cash (BCH) by using the given drop-down box. Drop in the amount of (BCH) Bitcoin Cash you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you're glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Kudos! You have successfully bought and stored Bitcoin Cash (BCH) in Denmark.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the (BCH) Bitcoin Cash is stored in your wallet, you're all done.
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