A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Nicaragua
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and getting your first 10$.
Step 2 – Transmit Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been verified, you will immediately have access to your funds and you can commence buying and trading. To purchase (BCH) Bitcoin Cash on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. In order to locate Bitcoin Cash (BCH), you will need to insert the short name of the asset (BCH) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we've highlighted this also. Click on “BCH/BTC” to progress.
Step 4 – Purchasing (BCH) Bitcoin Cash As soon as you have found Bitcoin Cash (BCH), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The “Price” field will be automatically filled with the recent price (BCH) Bitcoin Cash was sold for. You can change this to your favoured price. The “Amount” field is the volumen of BCH you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of BCH. If you are satisfied, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Vender sells their BCH for the price you gave.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an longer period of time. To withdraw your (BCH) Bitcoin Cash, go to the tab called “Funds” and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the volumen of Bitcoin Cash (BCH) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.