A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Pitcairn Islands
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin 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're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Bitcoin Cash (BCH) Once your deposit has been affirmed, you'll immediately have access to your funds and you can start buying and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To discover (BCH) Bitcoin Cash, you'll need to put the cointype (BCH) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this also. Click on “BCH/BTC” to progress.
Step 4 – Acquisition of Bitcoin Cash (BCH) After you have spotted (BCH) Bitcoin Cash, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price Bitcoin Cash (BCH) was sold for. This can be changed to your preferred price. The “Amount” field is the amount of BCH you like to purchase. The “Total” field is the total price in Bitcoin that you will settle for the whole quantity of BCH. When you're glad, click on “Buy BCH”. Your order will be filled when a Vender trades their BCH for the price you submitted.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are trading, you should never keepyour coins on an Crypto Exchange for an longer time period. To withdraw your (BCH) Bitcoin Cash, go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Enter the amount of (BCH) Bitcoin Cash you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.