A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Tuvalu
Step 1 – Join CEX.io You'll first need to purchase units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and getting your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) Once your deposit has been verified, you will instantly have access to your assets and you can start buying and trading. To invest in (BCH) Bitcoin Cash on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To locate Bitcoin Cash (BCH), you'll need to insert the cointype (BCH) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “BCH/BTC” to proceed.
Step 4 – Buy Bitcoin Cash (BCH) As soon as you have located (BCH) Bitcoin Cash, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our own Limit Order. The “Price” field will be automatically filled with the most latest valuation (BCH) Bitcoin Cash was traded for. This can be changed to your desired price. The “Amount” field is the quantity of BCH you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of BCH. If you're satisfied, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Vendor sells their BCH for the price you gave.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are frequently trading, you should never keepyour crypto on an Exchange for an extensive period of time. In order to take off your Bitcoin Cash (BCH), hover over the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Enter the volumen of Bitcoin Cash (BCH) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.