How to Buy Bitcoin Cash (BCH) in Sint Maarten

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Sint Maarten

Step 1 – Signup to CEX.io

You will first need to buy units of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome Bitcoin or Ethereum.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've selected the right coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find (BCH) Bitcoin Cash

Once your deposit has been confirmed, you'll immediately have access to your assets and you can begin invest and trading. To invest in Bitcoin Cash (BCH) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to spot (BCH) Bitcoin Cash, you'll need to put the cointype (BCH) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “BCH/BTC” to proceed.

Step 4 – Buying (BCH) Bitcoin Cash

Once you have spotted (BCH) Bitcoin Cash, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to make our Limit Order.

The field with the “Price” tag will be filled with the most latest valuation (BCH) Bitcoin Cash was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of BCH you like to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the complete volumen of BCH.

When you are satisfied, click on “Buy BCH”. Your plan will be filled as soon as a Vendor trades their BCH for the price you introduced.

Step 5 – Withdraw (BCH) Bitcoin Cash

Unless you're regularly trading, never keep your coins on an Exchange for an longer time period. In order to withdraw your Bitcoin Cash (BCH), go to the tab called “Funds” and click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BCH) Bitcoin Cash by using the given drop-down box. Put into the volumen of (BCH) Bitcoin Cash you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Congratulations! You have successfully bought and stored Bitcoin Cash (BCH) in Sint Maarten.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the (BCH) Bitcoin Cash is stored inside your wallet, you are all done.