A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Kyrgyzstan
Step 1 – Signup to Kraken You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) Once your deposit has been affirmed, you will directly have access to your assets and you can start invest and trading. To invest in Bitcoin Cash (BCH) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover (BCH) Bitcoin Cash, you'll need to put the shortname of the coin (BCH) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “BCH/BTC” to go on.
Step 4 – Buy (BCH) Bitcoin Cash After you have located (BCH) Bitcoin Cash, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the recent price (BCH) Bitcoin Cash was traded for. You can change this to your preferred price. The “Amount” field is the amount of BCH you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete volumen of BCH. When you are glad, click on “Buy BCH”. Your order will be filled when a Vender sells their BCH for the price you gave.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are regularly trading, best advise is not to keep crypto 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”. Bitcoin Cash (BCH) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the given drop-down box. Enter the quantity of Bitcoin Cash (BCH) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.