A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Guinea-Bissau
Step 1 – Signup to Kraken You'll first need to purchase one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) As soon as your deposit has been approved, you'll now have access to your assets and you can launch invest and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To locate Bitcoin Cash (BCH), you will need to put the short name of the asset (BCH) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have marked this too. Click on “BCH/BTC” to advance.
Step 4 – Buy Bitcoin Cash (BCH) Once you've spotted (BCH) Bitcoin Cash, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're creating our Limit Order. The “Price” field will be filled with the most up-to-date price (BCH) Bitcoin Cash was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of BCH you want to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the whole amount of BCH. If you are glad, make a mouse click on “Buy BCH”. Your order will be filled when a Vender sells their BCH for the price you submitted.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're regularly trading, never keep your crypto on an Crypto Trader for an extensive time frame. To withdraw your Bitcoin Cash (BCH), hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Enter the quantity of Bitcoin Cash (BCH) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, click on “Submit”. You may be asked for email/phone verification ahead of a take off.