A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Samoa
Step 1 – Signup to CEX.io You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been verified, you will now have access to your funds and you can start invest and trading. To purchase (BCH) Bitcoin Cash on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot Bitcoin Cash (BCH), you'll need to insert the cointype (BCH) into the search-box, which is marked in the graphic. Be certain of having choosen the right pairing, we've marked this too. Click on “BCH/BTC” to progress.
Step 4 – Acquisition of (BCH) Bitcoin Cash Once you have discovered (BCH) Bitcoin Cash, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order. The “Price” field will be filled automatically with the most recent rate (BCH) Bitcoin Cash was traded for. This can be changed to your preferred price. The “Amount” field is the amount of BCH you want to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen 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 offered.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive time frame. To take off your Bitcoin Cash (BCH), go to the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Enter the amount of Bitcoin Cash (BCH) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, click “Submit”. You may be asked for email/phone verification before a withdrawal.