How to Buy Bitcoin Cash (BCH) in Moldova

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Moldova

Step 1 – Join CEX.io

You will first need to buy units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and to get your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Funds to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Bitcoin Cash (BCH) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you've chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find (BCH) Bitcoin Cash

Once your deposit has been verified, you will instantly have access to your finances and you can begin buying and trading. To invest in (BCH) Bitcoin Cash on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find (BCH) Bitcoin Cash, you'll need to insert the cointype (BCH) into the search-box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have highlighted this too. Click on “BCH/BTC” to proceed.

Step 4 – Acquisition of Bitcoin Cash (BCH)

After you've found (BCH) Bitcoin Cash, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're creating our own Limit Order.

The “Price” field will be filled with the most recent rate Bitcoin Cash (BCH) was traded for. You can change this to your desired price. The “Amount” field is the quantity of BCH you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole volumen of BCH.

If you are satisfied, click on “Buy BCH”. Your plan will be filled when a Seller sells 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 Cryptocurrency Exchange for an extensive time period. In order to withdraw your Bitcoin Cash (BCH), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the amount of (BCH) Bitcoin Cash you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you're glad, click on “Submit”. You could be asked for verfication via phone/email before a take off.

Kudos! You've successfully purchased and stored (BCH) Bitcoin Cash in Moldova.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the Bitcoin Cash (BCH) is safe inside your wallet, you are all done.