A Step-by-Step-Guide on how to buy Ethereum Cash (ECASH)
Step 1 – Signup to CEX.io You will first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Ethereum Cash (ECASH) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate Ethereum Cash (ECASH) Once your deposit has been approved, you will immediately have access to your funds and you can initiate buying and trading. To invest in Ethereum Cash (ECASH) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. In order to find Ethereum Cash (ECASH), you will need to insert the short name of the asset (ECASH) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we've marked this also. Click on “ECASH/BTC” to go on.
Step 4 – Purchase Ethereum Cash (ECASH) As soon as you have found Ethereum Cash (ECASH), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date valuation Ethereum Cash (ECASH) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of ECASH you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of ECASH. If you're glad, make a mouse click on “Buy ECASH”. Your plan will be filled when a Seller trades their ECASH for the price you offered.
Step 5 – Withdraw Ethereum Cash (ECASH) Unless you are trading, you should never keepyour crypto on an Exchange for an extensive time frame. To take off your Ethereum Cash (ECASH), hover over the tab called “Funds” and click on “Withdraw”. Ethereum Cash (ECASH) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ethereum Cash (ECASH) by using the provided drop-down box. Put into the quantity of Ethereum Cash (ECASH) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.