A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Jordan
Step 1 – Signup to Kraken You'll first need to purchase units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find (BCH) Bitcoin Cash Once your deposit has been verified, you will now have access to your funds and you can start purchasing and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate Bitcoin Cash (BCH), you'll need to insert the short name of the asset (BCH) into the search-box, which is highlighted in the image. Make sure you have choosen the right grouping, we've marked this also. Click on “BCH/BTC” to progress.
Step 4 – Buying Bitcoin Cash (BCH) Once you've found Bitcoin Cash (BCH), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order. The “Price” field will be filled automatically with the recent valuation Bitcoin Cash (BCH) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of BCH you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of BCH. If you are glad, click on “Buy BCH”. Your plan will be filled as soon as a Vender sells their BCH for the price you introduced.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're regularly trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. To withdraw your (BCH) Bitcoin Cash, go to the tab called “Funds” and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the provided drop-down box. Put into the quantity of Bitcoin Cash (BCH) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via email/phone before a take off.