How to Buy Bitcoin Cash (BCH) in Turks And Caicos Islands

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Turks And Caicos Islands

Step 1 – Join Kraken

You'll first need to buy units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Bitcoin Cash (BCH)

Once your deposit has been approved, you'll directly have access to your assets and you can begin buying and trading. To invest in Bitcoin Cash (BCH) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”.

To find Bitcoin Cash (BCH), you will need to insert the shortname of the coin (BCH) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've highlighted this also. Click on “BCH/BTC” to progress.

Step 4 – Purchasing (BCH) Bitcoin Cash

Once you've discovered Bitcoin Cash (BCH), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are creating our Limit Order.

The “Price” field will be filled with the most latest valuation (BCH) Bitcoin Cash was sold for. You can change this to your desired price. The “Amount” field is the amount of BCH you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of BCH.

When you are glad, make a mouse click on “Buy BCH”. Your plan will be filled as soon as a Vender sells their BCH for the price you offered.

Step 5 – Withdraw Bitcoin Cash (BCH)

Unless you are trading, best advise is not to keep your coins on an Exchange for an extensive period of time. In order to take off your Bitcoin Cash (BCH), go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the amount of (BCH) Bitcoin Cash you would like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

Kudos! You have successfully purchased and safed Bitcoin Cash (BCH) in Turks And Caicos Islands.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (BCH) Bitcoin Cash is stored inside your wallet, you're done.