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 – Transfer Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. BitCherry (BCHC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find BitCherry (BCHC) Once your deposit has been confirmed, you'll immediately have access to your funds and you can start buying and trading. To buy BitCherry (BCHC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot 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 choosen the right grouping, we've marked this too. Click on “BCHC/BTC” to proceed.
Step 4 – Buy BitCherry (BCHC) As soon as you've located BitCherry (BCHC), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent tariff BitCherry (BCHC) was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of BCHC you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole quantity of BCHC. If you are satisfied, click on “Buy BCHC”. Your order will be filled when a Vender trades their BCHC for the price you offered.
Step 5 – Withdraw BitCherry (BCHC) Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your BitCherry (BCHC), go to the tab called “Funds” and mouse click on “Withdraw”. BitCherry (BCHC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitCherry (BCHC) by using the provided drop-down box. Drop in the amount of BitCherry (BCHC) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.