A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in New Caledonia
Step 1 – Join CEX.io You'll first need to buy one of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and getting your first Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find (BCH) Bitcoin Cash Once your deposit has been verified, you will instantly have access to your funds and you can launch purchasing and trading. To purchase Bitcoin Cash (BCH) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate (BCH) Bitcoin Cash, you'll need to insert the cointype (BCH) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've marked this also. Click on “BCH/BTC” to advance.
Step 4 – Purchase Bitcoin Cash (BCH) Once you've found Bitcoin Cash (BCH), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to create our Limit Order. The “Price” field will be automatically filled with the most up-to-date rate Bitcoin Cash (BCH) was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of BCH you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole quantity of BCH. When you are glad, make a mouse click on “Buy BCH”. Your plan will be filled when a Seller trades their BCH for the price you introduced.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extended period of time. To take off your Bitcoin Cash (BCH), hover over the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the amount of (BCH) Bitcoin Cash you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.