A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Serbia
Step 1 – Join Kraken You'll first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Bitcoin Cash (BCH) Once your deposit has been confirmed, you'll instantly have access to your assets and you can commence invest and trading. To invest in Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. To spot Bitcoin Cash (BCH), you'll need to insert the cointype (BCH) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “BCH/BTC” to continue.
Step 4 – Buying Bitcoin Cash (BCH) After you have spotted (BCH) Bitcoin Cash, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the latest tariff (BCH) Bitcoin Cash was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of BCH you want to purchase. The “Total” field is the aggregated price in BTC that you will pay for the whole quantity of BCH. When you're happy, click on “Buy BCH”. Your order will be filled as soon as a Vender sells their BCH for the price you introduced.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time period. To take off your (BCH) Bitcoin Cash, hover over the tab called “Funds” and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the given drop-down box. Enter the quantity of Bitcoin Cash (BCH) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.