A Step-by-Step-Guide on how to buy renBCH (RENBCH)
Step 1 – Signup to CEX.io You'll first need to buy units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. renBCH (RENBCH) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate renBCH (RENBCH) As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate buying and trading. To purchase renBCH (RENBCH) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover renBCH (RENBCH), you'll need to insert the shortname of the coin (RENBCH) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we've marked this also. Click on “RENBCH/BTC” to advance.
Step 4 – Acquisition of renBCH (RENBCH) After you have located renBCH (RENBCH), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest rate renBCH (RENBCH) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of RENBCH you like to buy. The ”Total” field is the whole price in BTC that you will settle for the whole volumen of RENBCH. If you're satisfied, click on “Buy RENBCH”. Your plan will be filled when a Vendor trades their RENBCH for the price you introduced.
Step 5 – Withdraw renBCH (RENBCH) Unless you're regularly trading, best advise is not to keep coins on an Crypto Exchange for an extended period of time. To take off your renBCH (RENBCH), hover over the ”Funds” tab and mouse click on “Withdraw”. renBCH (RENBCH) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate renBCH (RENBCH) by using the provided drop-down box. Drop in the volumen of renBCH (RENBCH) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.