A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Greece
Step 1 – Join Kraken In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and receive your first Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Bitcoin Cash (BCH) As soon as your deposit has been verified, you will directly have access to your funds and you can commence buying and trading. To invest in Bitcoin Cash (BCH) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to find (BCH) Bitcoin Cash, you'll need to insert the short name of the asset (BCH) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we've marked this too. Click on “BCH/BTC” to go on.
Step 4 – Purchase (BCH) Bitcoin Cash After you have discovered Bitcoin Cash (BCH), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are making our Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff Bitcoin Cash (BCH) was sold for. You can change this to your preferred price. The “Amount” field is the amount of BCH you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of BCH. If you are glad, make a mouse click on “Buy BCH”. Your plan will be filled as soon as a Seller trades their BCH for the price you introduced.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an longer period of time. To withdraw your (BCH) Bitcoin Cash, hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Cash (BCH) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the provided drop-down box. Enter the amount of Bitcoin Cash (BCH) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, click “Submit”. You could be requested for phone/email verification ahead of a withdrawal.