A Step-by-Step-Guide on how to buy renBCH (RENBCH)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. renBCH (RENBCH) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate (RENBCH) renBCH As soon as your deposit has been confirmed, you'll now have access to your finances and you can begin purchasing and trading. To buy (RENBCH) renBCH on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To locate (RENBCH) renBCH, you'll need to put the shortname of the coin (RENBCH) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this too. Click on “RENBCH/BTC” to go on.
Step 4 – Buy renBCH (RENBCH) After you have located renBCH (RENBCH), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the latest valuation renBCH (RENBCH) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of RENBCH you like to buy. The ”Total” field is the total price in Bitcoin that you will settle for the complete amount of RENBCH. If you are satisfied, click on “Buy RENBCH”. Your order will be filled as soon as a Vender sells their RENBCH for the price you introduced.
Step 5 – Withdraw (RENBCH) renBCH Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an longer time period. In order to take off your (RENBCH) renBCH, go to the tab called “Funds” and click on “Withdraw”. (RENBCH) renBCH can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (RENBCH) renBCH by using the given drop-down box. Drop in the amount of (RENBCH) renBCH you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.