A Step-by-Step-Guide on how to buy Bitcoin Cash ABC (BCHA)
Step 1 – Join Coinbase – Get Free $10 You'll first need to buy units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and receive your first 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash ABC (BCHA) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (BCHA) Bitcoin Cash ABC As soon as your deposit has been confirmed, you will now have access to your assets and you can initiate purchasing and trading. To buy Bitcoin Cash ABC (BCHA) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to find (BCHA) Bitcoin Cash ABC, you'll need to put the cointype (BCHA) into the search-box, which is highlighted in the image. Be certain of having selected the proper pairing, we have highlighted this too. Click on “BCHA/BTC” to progress.
Step 4 – Acquisition of Bitcoin Cash ABC (BCHA) After you have found Bitcoin Cash ABC (BCHA), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Bitcoin Cash ABC (BCHA) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of BCHA you want to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the complete volumen of BCHA. When you are satisfied, click on “Buy BCHA”. Your plan will be filled as soon as a Seller sells their BCHA for the price you submitted.
Step 5 – Withdraw Bitcoin Cash ABC (BCHA) Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extensive period of time. In order to take off your (BCHA) Bitcoin Cash ABC, hover over the tab called “Funds” and mouse click on “Withdraw”. (BCHA) Bitcoin Cash ABC can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash ABC (BCHA) by using the given drop-down box. Enter the volumen of (BCHA) Bitcoin Cash ABC you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, click on “Submit”. You could be requested for verfication via phone/email before a take off.