How to Buy Bitcoin Cash (BCH) in Saint Martin

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Saint Martin

Step 1 – Join CEX.io

You'll first need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find Bitcoin Cash (BCH)

Once your deposit has been confirmed, you will directly have access to your assets and you can begin purchasing and trading. To buy Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

In order to discover Bitcoin Cash (BCH), you will need to put the shortname of the coin (BCH) into the search box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we've marked this also. 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 picture) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order.

The “Price” field will be filled automatically with the most recent price Bitcoin Cash (BCH) was traded for. You can change this to your preferred price. The “Amount” field is the amount of BCH you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete quantity of BCH.

When you're happy, click on “Buy BCH”. Your plan will be filled when a Vendor trades their BCH for the price you gave.

Step 5 – Withdraw (BCH) Bitcoin Cash

Unless you are trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. In order to withdraw your Bitcoin Cash (BCH), go to the tab called “Funds” and mouse 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 provided drop-down box. Put into the quantity of (BCH) Bitcoin Cash you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.

Congrats! You have successfully purchased and stored (BCH) Bitcoin Cash in Saint Martin.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your take off using Ethplorer.io or Etherscan.io and the (BCH) Bitcoin Cash is stored inside your wallet, you're done.