A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Singapore
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and to get your first 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) As soon as your deposit has been affirmed, you will directly have access to your finances and you can initiate purchasing and trading. To buy Bitcoin Cash (BCH) on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. To find (BCH) Bitcoin Cash, you will need to put the short name of the asset (BCH) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've marked this too. Click on “BCH/BTC” to go ahead.
Step 4 – Buy (BCH) Bitcoin Cash As soon as you've found Bitcoin Cash (BCH), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our Limit Order. The “Price” field will be automatically filled with the latest price (BCH) Bitcoin Cash was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of BCH you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole volumen of BCH. When you are glad, make a mouse click on “Buy BCH”. Your plan will be filled as soon as a Vender trades their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer time period. To withdraw your (BCH) Bitcoin Cash, hover over the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the given drop-down box. Drop in the volumen of (BCH) Bitcoin Cash you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.