A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Malta
Step 1 – Join Kraken You'll first need to buy units of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. 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 Crypto Trader? (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, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find (BCH) Bitcoin Cash Once your deposit has been confirmed, you will instantly have access to your finances and you can begin purchasing and trading. To invest in (BCH) Bitcoin Cash on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To discover Bitcoin Cash (BCH), you will need to put the short name of the asset (BCH) into the search box, which is marked in the image. Make sure you have selected the correct pairing, we've highlighted this too. Click on “BCH/BTC” to progress.
Step 4 – Buy Bitcoin Cash (BCH) Once you have located (BCH) Bitcoin Cash, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the latest tariff (BCH) Bitcoin Cash was sold for. You can change this to your favoured rate. The “Amount” field is the amount of BCH you like to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the complete quantity of BCH. If you're happy, make a mouse click on “Buy BCH”. Your plan will be filled as soon as a Vender trades their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an longer period of time. In order to take off your (BCH) Bitcoin Cash, hover over the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the given drop-down box. Drop in the volumen of Bitcoin Cash (BCH) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, click on “Submit”. You could be asked for phone/email verification before a take off.