A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Poland
Step 1 – Signup to CEX.io You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (BCH) Bitcoin Cash As soon as your deposit has been affirmed, you will instantly have access to your assets and you can initiate invest and trading. To purchase Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”. In order to find (BCH) Bitcoin Cash, you will need to put the shortname of the coin (BCH) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “BCH/BTC” to go ahead.
Step 4 – Buy Bitcoin Cash (BCH) After you've spotted (BCH) Bitcoin Cash, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date tariff Bitcoin Cash (BCH) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of BCH you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of BCH. If you're satisfied, make a mouse click on “Buy BCH”. Your plan will be filled as soon as a Vender trades their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extensive time frame. To withdraw your Bitcoin Cash (BCH), hover over the tab called “Funds” and click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the given drop-down box. Enter the amount of Bitcoin Cash (BCH) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, click “Submit”. You could be asked for email/phone verification ahead of a take off.