A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Macau
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting your first Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Bitcoin Cash (BCH) Once your deposit has been affirmed, you'll directly have access to your finances and you can start buying and trading. To buy (BCH) Bitcoin Cash on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find (BCH) Bitcoin Cash, you'll need to insert the shortname of the coin (BCH) into the search-box, which is marked in the picture. Be certain of having selected the right grouping, we have highlighted this also. Click on “BCH/BTC” to proceed.
Step 4 – Purchasing (BCH) Bitcoin Cash After you've spotted Bitcoin Cash (BCH), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our Limit Order. The “Price” field will be automatically filled with the up-to-date valuation (BCH) Bitcoin Cash was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of BCH you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of BCH. If you're happy, make a mouse click on “Buy BCH”. Your plan will be filled when a Seller trades their BCH for the price you submitted.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Bitcoin Cash (BCH), hover over the “Funds” tab and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the provided drop-down box. Enter the quantity of Bitcoin Cash (BCH) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You may be asked for email/phone verification ahead of a take off.