A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Turks And Caicos Islands
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive your first 10 Dollar.
Step 2 – Transfer Your Funds to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen 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 forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find (BCH) Bitcoin Cash Once your deposit has been verified, you'll immediately have access to your finances and you can begin buying and trading. To purchase (BCH) Bitcoin Cash on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to locate Bitcoin Cash (BCH), you'll need to put the shortname of the coin (BCH) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “BCH/BTC” to advance.
Step 4 – Buying Bitcoin Cash (BCH) After you have discovered Bitcoin Cash (BCH), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The “Price” field will be filled automatically with the most recent rate Bitcoin Cash (BCH) was traded for. You can change this to your desired price. The “Amount” field is the volumen of BCH you want to buy. The “Total” field is the aggregated price in BTC that you will settle for the complete volumen of BCH. If you're happy, click on “Buy BCH”. Your plan will be filled when a Vender sells their BCH for the price you submitted.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive period of time. To take off your Bitcoin Cash (BCH), go to the tab called “Funds” and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Drop in the quantity of (BCH) Bitcoin Cash you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.