A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Fiji
Step 1 – Signup to Kraken You will first need to buy units of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and to get your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader 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 Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been approved, you will directly have access to your assets and you can commence invest and trading. To purchase (BCH) Bitcoin Cash on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To discover Bitcoin Cash (BCH), you'll need to insert the short name of the asset (BCH) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this too. Click on “BCH/BTC” to progress.
Step 4 – Buy Bitcoin Cash (BCH) After you have found (BCH) Bitcoin Cash, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate Bitcoin Cash (BCH) was sold for. You can change this to your desired price. The “Amount” field is the amount of BCH you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of BCH. When you are happy, make a mouse click on “Buy BCH”. Your order will be filled when a Vendor sells their BCH for the price you introduced.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. To take off your (BCH) Bitcoin Cash, hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the quantity of Bitcoin Cash (BCH) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.