A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Saint Kitts And Nevis
Step 1 – Signup to Kraken You'll first need to purchase units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and to get your first Bitcoin or Ethereum.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can begin buying and trading. To invest in (BCH) Bitcoin Cash on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to find (BCH) Bitcoin Cash, you'll need to put the cointype (BCH) into the search-box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've marked this too. Click on “BCH/BTC” to progress.
Step 4 – Buy (BCH) Bitcoin Cash After you've found (BCH) Bitcoin Cash, you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to make our Limit Order. The field with the “Price” tag will be automatically filled with the recent price Bitcoin Cash (BCH) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of BCH you like to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole amount of BCH. If you are glad, make a mouse click on “Buy BCH”. Your plan will be filled when a Vender sells their BCH for the price you submitted.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're trading, best advise is not to keep your crypto on an Crypto Exchange for an extended period of time. In order to take off your Bitcoin Cash (BCH), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the given drop-down box. Put into the amount of Bitcoin Cash (BCH) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.