A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Suriname
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and to get your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been verified, you'll now have access to your funds and you can launch purchasing and trading. To invest in (BCH) Bitcoin Cash on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”. To spot Bitcoin Cash (BCH), you will need to insert the short name of the asset (BCH) into the search box, which is marked in the image. Make sure you have selected the correct pairing, we have marked this also. Click on “BCH/BTC” to continue.
Step 4 – Buying (BCH) Bitcoin Cash As soon as you have discovered (BCH) Bitcoin Cash, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our Limit Order. The “Price” field will be filled automatically with the most latest tariff Bitcoin Cash (BCH) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of BCH you like to buy. The “Total” field is the total price in Bitcoin that you will pay for the complete quantity of BCH. If you're satisfied, click on “Buy BCH”. Your plan will be filled when a Vender trades their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your (BCH) Bitcoin Cash, go to the tab called “Funds” and 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 provided drop-down box. Put into the quantity of (BCH) Bitcoin Cash you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. When you're satisfied, click “Submit”. You may be requested for email/phone verification ahead of a take off.