A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Philippines
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting your welcome $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have 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 Crypto Trader? (Just follow this guide) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (BCH) Bitcoin Cash As soon as your deposit has been verified, you'll instantly have access to your assets and you can launch purchasing and trading. To invest in Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To discover (BCH) Bitcoin Cash, you'll need to insert the shortname of the coin (BCH) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we've marked this too. Click on “BCH/BTC” to go on.
Step 4 – Buy Bitcoin Cash (BCH) Once you've spotted Bitcoin Cash (BCH), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the recent valuation Bitcoin Cash (BCH) was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of BCH you want to purchase. The “Total” field is the total price in Bitcoin that you will pay for the whole amount of BCH. When you are satisfied, make a mouse click on “Buy BCH”. Your order will be filled when a Seller sells their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time period. In order to withdraw your Bitcoin Cash (BCH), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Put into the amount of (BCH) Bitcoin Cash you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.