A Step-by-Step-Guide on how to buy Bitcoin Cash ABC (BCHA)
Step 1 – Join Coinbase and receive 10$ in Bitcoin In the beginning you'll need to purchase units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and receive Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Bitcoin Cash ABC (BCHA) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (BCHA) Bitcoin Cash ABC Once your deposit has been confirmed, you will directly have access to your finances and you can start purchasing and trading. To invest in Bitcoin Cash ABC (BCHA) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot (BCHA) Bitcoin Cash ABC, you'll need to insert the shortname of the coin (BCHA) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we've highlighted this too. Click on “BCHA/BTC” to go ahead.
Step 4 – Purchasing Bitcoin Cash ABC (BCHA) After you've spotted (BCHA) Bitcoin Cash ABC, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our Limit Order. The “Price” field will be automatically filled with the latest rate Bitcoin Cash ABC (BCHA) was sold for. You can change this to your desired price. The “Amount” field is the volumen of BCHA you like to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete volumen of BCHA. If you're happy, click on “Buy BCHA”. Your plan will be filled as soon as a Seller trades their BCHA for the price you introduced.
Step 5 – Withdraw Bitcoin Cash ABC (BCHA) Unless you are trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time frame. To withdraw your (BCHA) Bitcoin Cash ABC, go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash ABC (BCHA) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCHA) Bitcoin Cash ABC by using the given drop-down box. Put into the quantity of Bitcoin Cash ABC (BCHA) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.