A Step-by-Step-Guide on how to buy BitCherry (BCHC)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive Funds.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. BitCherry (BCHC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate BitCherry (BCHC) As soon as your deposit has been affirmed, you will instantly have access to your finances and you can initiate purchasing and trading. To purchase BitCherry (BCHC) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. To discover BitCherry (BCHC), you will need to insert the shortname of the coin (BCHC) into the search box, which is marked in the image. Be certain of having selected the proper grouping, we have marked this also. Click on “BCHC/BTC” to proceed.
Step 4 – Acquisition of BitCherry (BCHC) After you've discovered BitCherry (BCHC), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most recent price BitCherry (BCHC) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of BCHC you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of BCHC. If you're glad, click on “Buy BCHC”. Your plan will be filled as soon as a Vendor sells their BCHC for the price you introduced.
Step 5 – Withdraw BitCherry (BCHC) Unless you're regularly trading, best advise is not to keep your coins on an Exchange for an longer time frame. In order to withdraw your BitCherry (BCHC), go to the ”Funds” tab and click on “Withdraw”. BitCherry (BCHC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitCherry (BCHC) by using the given drop-down box. Put into the amount of BitCherry (BCHC) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You may be requested for verfication via email/phone ahead of a take off.