A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Saint Helena
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and to get your welcome 10 Dollar.
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been affirmed, you will instantly have access to your assets and you can begin buying and trading. To buy (BCH) Bitcoin Cash on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate Bitcoin Cash (BCH), you'll need to insert the cointype (BCH) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “BCH/BTC” to continue.
Step 4 – Buy (BCH) Bitcoin Cash Once you've found Bitcoin Cash (BCH), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our Limit Order. The “Price” field will be automatically filled with the most recent valuation (BCH) Bitcoin Cash was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of BCH you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole volumen of BCH. If you're satisfied, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Seller sells their BCH for the price you submitted.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time frame. To take off your Bitcoin Cash (BCH), go to the tab called “Funds” and click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the given drop-down box. Drop in the quantity of (BCH) Bitcoin Cash you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.