A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Northern Mariana Islands
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bitcoin Cash (BCH) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been affirmed, you'll now have access to your finances and you can start buying and trading. To invest in (BCH) Bitcoin Cash on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”. To discover Bitcoin Cash (BCH), you'll need to put the short name of the asset (BCH) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've marked this also. Click on “BCH/BTC” to continue.
Step 4 – Purchasing (BCH) Bitcoin Cash Once you have spotted (BCH) Bitcoin Cash, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the recent price Bitcoin Cash (BCH) was sold for. This can be changed to your preferred rate. The “Amount” field is the volumen of BCH you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of BCH. When you are satisfied, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Vender sells their BCH for the price you introduced.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are trading, best advise is not to keep crypto coins on an Exchange for an longer time frame. In order to withdraw your Bitcoin Cash (BCH), hover over the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the volumen of (BCH) Bitcoin Cash you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.