A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Wallis And Futuna
Step 1 – Join Kraken In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) Once your deposit has been affirmed, you'll immediately have access to your assets and you can commence invest and trading. To purchase Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. To spot 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 proper pairing, we have highlighted this too. Click on “BCH/BTC” to proceed.
Step 4 – Acquisition of (BCH) Bitcoin Cash Once you have discovered (BCH) Bitcoin Cash, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're creating our Limit Order. The “Price” field will be filled automatically with the recent valuation (BCH) Bitcoin Cash was sold for. This can be changed to your preferred rate. The “Amount” field is the quantity of BCH you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete amount of BCH. When you're happy, click on “Buy BCH”. Your plan will be filled when a Vendor trades their BCH for the price you gave.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive period of time. In order to withdraw your Bitcoin Cash (BCH), hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Cash (BCH) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the provided drop-down box. Enter the quantity of (BCH) Bitcoin Cash you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click on “Submit”. You could be asked for email/phone verification before a withdrawal.