A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Mauritius
Step 1 – Join Kraken You'll first need to buy one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Bitcoin Cash (BCH) Once your deposit has been verified, you'll now have access to your assets and you can begin buying and trading. To buy Bitcoin Cash (BCH) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To locate Bitcoin Cash (BCH), you will need to put the cointype (BCH) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “BCH/BTC” to go on.
Step 4 – Buy (BCH) Bitcoin Cash As soon as you've located (BCH) Bitcoin Cash, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date rate (BCH) Bitcoin Cash was sold for. You can change this to your desired rate. The “Amount” field is the amount of BCH you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete volumen of BCH. If you're happy, click on “Buy BCH”. Your plan will be filled when a Seller sells their BCH for the price you gave.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your (BCH) Bitcoin Cash, hover over the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Drop in the volumen of Bitcoin Cash (BCH) you would like to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.