A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Sweden
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and getting 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 Crypto Exchange now. Every exchange has a deposit form that is similar. Bitcoin Cash (BCH) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been approved, you'll immediately have access to your assets and you can start buying and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot (BCH) Bitcoin Cash, you will need to put the short name of the asset (BCH) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we've marked this also. Click on “BCH/BTC” to proceed.
Step 4 – Purchase Bitcoin Cash (BCH) As soon as you've discovered Bitcoin Cash (BCH), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be filled with the recent price (BCH) Bitcoin Cash was traded for. This can be changed to your desired rate. The “Amount” field is the amount of BCH you wish to buy. The “Total” field is the whole price in BTC that you will settle for the complete quantity of BCH. If you're glad, make a mouse click on “Buy BCH”. Your order will be filled when a Vender trades their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are regularly trading, never keep your crypto on an Exchange for an longer time frame. To take off your Bitcoin Cash (BCH), hover over the tab called “Funds” and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the given drop-down box. Put into the quantity of (BCH) Bitcoin Cash you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, click on “Submit”. You could be requested for email/phone verification ahead of a take off.