A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Saint Pierre And Miquelon
Step 1 – Signup to Kraken You will first need to purchase units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting your first Ethereum or Bitcoin.
Step 2 – Send Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bitcoin Cash (BCH) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Bitcoin Cash (BCH) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can start purchasing and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate Bitcoin Cash (BCH), you'll need to insert the cointype (BCH) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have marked this too. Click on “BCH/BTC” to advance.
Step 4 – Buy Bitcoin Cash (BCH) As soon as you have spotted (BCH) Bitcoin Cash, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we are creating our own Limit Order. The “Price” field will be automatically filled with the most recent valuation Bitcoin Cash (BCH) was traded for. This can be changed to your desired rate. The “Amount” field is the quantity of BCH you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of BCH. If you're happy, click on “Buy BCH”. Your plan will be filled as soon as a Vendor sells their BCH for the price you gave.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time frame. In order to withdraw your (BCH) Bitcoin Cash, go to the tab called “Funds” and click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the quantity of (BCH) Bitcoin Cash you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.