A Step-by-Step-Guide on how to buy renBCH (RENBCH)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and receive your welcome 10$.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. renBCH (RENBCH) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate renBCH (RENBCH) Once your deposit has been confirmed, you'll now have access to your finances and you can start buying and trading. To buy renBCH (RENBCH) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to find renBCH (RENBCH), you'll need to put the cointype (RENBCH) into the search-box, which is marked in the picture. Be certain of having choosen the proper grouping, we've marked this also. Click on “RENBCH/BTC” to go ahead.
Step 4 – Acquisition of (RENBCH) renBCH Once you've found (RENBCH) renBCH, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate (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 want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete amount of RENBCH. If you're happy, make a mouse click on “Buy RENBCH”. Your order will be filled when a Vendor sells their RENBCH for the price you gave.
Step 5 – Withdraw (RENBCH) renBCH Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your (RENBCH) renBCH, hover over the ”Funds” tab and mouse click on “Withdraw”. (RENBCH) renBCH can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (RENBCH) renBCH by using the provided drop-down box. Put into the amount of (RENBCH) renBCH you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You could be requested for email/phone verification ahead of a take off.