A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Hong Kong
Step 1 – Join CEX.io You'll first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and receive your first Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate (BCH) Bitcoin Cash As soon as your deposit has been verified, you'll directly have access to your funds and you can begin buying and trading. To purchase Bitcoin Cash (BCH) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To spot Bitcoin Cash (BCH), you'll need to put the short name of the asset (BCH) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've marked this also. Click on “BCH/BTC” to go on.
Step 4 – Purchase Bitcoin Cash (BCH) Once you have located Bitcoin Cash (BCH), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the latest tariff Bitcoin Cash (BCH) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of BCH you wish to buy. The “Total” field is the aggregated price in BTC that you will pay for the whole volumen of BCH. When you are glad, click on “Buy BCH”. Your plan will be filled as soon as a Vender sells their BCH for the price you offered.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are frequently trading, never keep your crypto coins on an Exchange for an extended time period. To take off your Bitcoin Cash (BCH), hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the given drop-down box. Drop in the quantity of (BCH) Bitcoin Cash you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click “Submit”. You may be asked for phone/email verification ahead of a take off.