A Step-by-Step-Guide on how to buy sBCH (SBCH)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and receive your welcome 10$.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. sBCH (SBCH) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate sBCH (SBCH) As soon as your deposit has been affirmed, you will now have access to your funds and you can commence buying and trading. To invest in sBCH (SBCH) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to discover sBCH (SBCH), you will need to put the cointype (SBCH) into the search-box, which is highlighted in the graphic. Be certain of having selected the right grouping, we've highlighted this too. Click on “SBCH/BTC” to advance.
Step 4 – Acquisition of sBCH (SBCH) Once you have discovered sBCH (SBCH), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The ”Price” field will be automatically filled with the recent tariff sBCH (SBCH) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of SBCH you like to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole amount of SBCH. If you are glad, make a mouse click on “Buy SBCH”. Your order will be filled as soon as a Vendor sells their SBCH for the price you offered.
Step 5 – Withdraw (SBCH) sBCH Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an extended time period. In order to withdraw your (SBCH) sBCH, go to the tab called “Funds” and click on “Withdraw”. (SBCH) sBCH can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (SBCH) sBCH by using the given drop-down box. Put into the quantity of (SBCH) sBCH you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.