A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Saint Lucia
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and to get your welcome 10 Dollar.
Step 2 – Send Your Funds to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader 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. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) As soon as your deposit has been affirmed, you'll directly have access to your assets and you can launch purchasing and trading. To buy (BCH) Bitcoin Cash on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to spot (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 choosen the correct pairing, we've marked this too. Click on “BCH/BTC” to progress.
Step 4 – Buying (BCH) Bitcoin Cash As soon as you have located Bitcoin Cash (BCH), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest tariff Bitcoin Cash (BCH) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of BCH you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of BCH. When you are happy, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Vender trades their BCH for the price you introduced.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're frequently trading, best advise is not to keep coins on an Exchange for an extensive time period. In order to take off your (BCH) Bitcoin Cash, go to the “Funds” tab and click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the amount of (BCH) Bitcoin Cash you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.