A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Taiwan
Step 1 – Join CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto 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 example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (BCH) Bitcoin Cash Once your deposit has been affirmed, you'll now have access to your funds and you can begin invest and trading. To purchase Bitcoin Cash (BCH) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate Bitcoin Cash (BCH), 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 correct grouping, we have highlighted this also. Click on “BCH/BTC” to continue.
Step 4 – Purchase Bitcoin Cash (BCH) After you have found (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). And now we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the latest valuation (BCH) Bitcoin Cash was traded for. You can change this to your preferred rate. The “Amount” field is the volumen of BCH you want to purchase. The “Total” field is the whole price in BTC that you will pay for the whole amount of BCH. When you're glad, click on “Buy BCH”. Your plan will be filled as soon as a Vender trades their BCH for the price you gave.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are regularly trading, never keep your crypto on an Exchange for an extensive period of time. To take off your Bitcoin Cash (BCH), hover over the tab called “Funds” and click on “Withdraw”. (BCH) Bitcoin Cash can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the provided drop-down box. Put into the volumen of Bitcoin Cash (BCH) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.