How to Buy Bitcoin Cash (BCH) in Gibraltar

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Gibraltar

Step 1 – Join Coinbase and get 10$ for free

You will first need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and to get your first 10$.

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've selected the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find Bitcoin Cash (BCH)

Once your deposit has been affirmed, you'll instantly have access to your finances and you can begin buying and trading. To purchase Bitcoin Cash (BCH) on Binance, you will want to go to the tab which is calledExchangeand click onBasic”.

To find (BCH) Bitcoin Cash, you'll need to put the shortname of the coin (BCH) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've marked this too. Click onBCH/BTCto go ahead.

Step 4 – Buy (BCH) Bitcoin Cash

As soon as you have found (BCH) Bitcoin Cash, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're making our own Limit Order.

ThePricefield will be automatically filled with the most recent rate Bitcoin Cash (BCH) was traded for. This can be changed to your favoured price. The field with theAmounttag is the amount of BCH you wish to buy. The field with theTotaltag is the aggregated price in Bitcoin that you'll pay for the complete amount of BCH.

If you are satisfied, click onBuy BCH”. Your order will be filled when a Vender trades their BCH for the price you offered.

Step 5 – Withdraw Bitcoin Cash (BCH)

Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an longer time frame. To withdraw your Bitcoin Cash (BCH), go to theFundstab and mouse click onWithdraw”. Bitcoin Cash (BCH) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bitcoin Cash (BCH) by using the given drop-down box. Enter the volumen of (BCH) Bitcoin Cash you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you are glad, make a mouse click onSubmit”. You may be asked for email/phone verification before a take off.

Kudos! You have successfully bought and stored (BCH) Bitcoin Cash in Gibraltar.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Bitcoin Cash (BCH) is stored in your wallet, you're finished.