A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Thailand
Step 1 – Signup to CEX.io You'll first need to purchase units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Bitcoin Cash (BCH) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Bitcoin Cash (BCH) As soon as your deposit has been affirmed, you will now have access to your funds and you can start invest and trading. To invest in Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to discover Bitcoin Cash (BCH), you will need to put the shortname of the coin (BCH) into the search-box, which is highlighted in the image. Make sure you have selected the proper grouping, we have marked this too. Click on “BCH/BTC” to proceed.
Step 4 – Buying Bitcoin Cash (BCH) After you've spotted Bitcoin Cash (BCH), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we are making our own Limit Order. The “Price” field will be filled automatically with the up-to-date valuation Bitcoin Cash (BCH) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of BCH you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of BCH. If you're satisfied, make a mouse click on “Buy BCH”. Your plan will be filled when a Seller trades their BCH for the price you offered.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer time period. To withdraw your (BCH) Bitcoin Cash, hover over the “Funds” tab and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the provided drop-down box. Put into the amount of Bitcoin Cash (BCH) you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are glad, click “Submit”. You may be requested for verfication via email/phone before a take off.