A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Niue
Step 1 – Join CEX.io You will first need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Bitcoin Cash (BCH) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate (BCH) Bitcoin Cash As soon as your deposit has been approved, you'll directly have access to your assets and you can initiate buying and trading. To purchase Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. To discover (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 choosen the correct pairing, we've highlighted this also. Click on “BCH/BTC” to continue.
Step 4 – Buying (BCH) Bitcoin Cash Once you've spotted Bitcoin Cash (BCH), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be filled with the latest rate (BCH) Bitcoin Cash was traded for. You can change this to your favoured price. The “Amount” field is the volumen of BCH you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of BCH. When you're satisfied, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Vendor trades their BCH for the price you introduced.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. In order to take off your (BCH) Bitcoin Cash, go to the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the provided drop-down box. Drop in the quantity of Bitcoin Cash (BCH) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.