A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Guam
Step 1 – Join Kraken In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Funds to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Bitcoin Cash (BCH) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been verified, you'll immediately have access to your finances and you can commence invest and trading. To invest in (BCH) Bitcoin Cash on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To find (BCH) Bitcoin Cash, you'll need to insert the cointype (BCH) into the search-box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have highlighted this too. Click on “BCH/BTC” to go on.
Step 4 – Purchasing Bitcoin Cash (BCH) Once you have spotted (BCH) Bitcoin Cash, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate Bitcoin Cash (BCH) was traded for. You can change this to your preferred price. The “Amount” field is the quantity of BCH you wish to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of BCH. If you are glad, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Seller sells their BCH for the price you gave.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're trading, best advise is not to keep your crypto coins on an Exchange for an extensive period of time. In order to take off your (BCH) Bitcoin Cash, hover over the “Funds” tab and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the given drop-down box. Drop in the volumen of Bitcoin Cash (BCH) you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.