A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Mexico
Step 1 – Join Kraken You will first need to purchase one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been verified, you will instantly have access to your funds and you can start purchasing and trading. To buy Bitcoin Cash (BCH) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find (BCH) Bitcoin Cash, you will need to put the shortname of the coin (BCH) into the search-box, which is marked in the picture. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “BCH/BTC” to proceed.
Step 4 – Purchasing Bitcoin Cash (BCH) After you've found (BCH) Bitcoin Cash, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price Bitcoin Cash (BCH) was sold for. You can change this to your desired rate. The “Amount” field is the amount of BCH you want to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the complete volumen of BCH. If you're happy, make a mouse click on “Buy BCH”. Your order will be filled when a Vendor trades their BCH for the price you submitted.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're regularly trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. In order to withdraw your (BCH) Bitcoin Cash, go to the “Funds” tab and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the provided drop-down box. Enter the quantity of (BCH) Bitcoin Cash you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.