A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in South Georgia And South Sandwich Islands
Step 1 – Signup to CEX.io You'll first need to purchase one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and receive your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Bitcoin Cash (BCH) Once your deposit has been affirmed, you'll directly have access to your funds and you can start buying and trading. To purchase Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To discover (BCH) Bitcoin Cash, you'll need to insert the short name of the asset (BCH) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have marked this also. Click on “BCH/BTC” to continue.
Step 4 – Acquisition of Bitcoin Cash (BCH) Once you have discovered Bitcoin Cash (BCH), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order. The “Price” field will be filled with the up-to-date valuation Bitcoin Cash (BCH) was traded for. You can change this to your preferred price. The “Amount” field is the quantity of BCH you want 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're satisfied, click on “Buy BCH”. Your order will be filled when a Seller trades their BCH for the price you gave.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended time period. To take off your (BCH) Bitcoin Cash, go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the given drop-down box. Enter the volumen of Bitcoin Cash (BCH) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.