How to Buy Bitcoin Cash (BCH) in Nigeria

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Nigeria

Paso 1 – Join Coinbase and get 10$ gratis

In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and receive your first $10.

Paso 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've chosen the precise coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Paso 3 – Find Bitcoin Cash (BCH)

As soon as your deposit has been approved, you'll now have access to your finances and you can begin invest and trading. To buy Bitcoin Cash (BCH) en Binance, you will want to hover over the tab which is called “Intercambiar” and after that click on “Básico”.

Con el fin de detectar (BCH) Bitcoin Cash, you will need to put the shortname of the coin (BCH) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we have highlighted this also. Haga clic en “BCH/BTCto progress.

Paso 4 – Purchase Bitcoin Cash (BCH)

As soon as you have spotted Bitcoin Cash (BCH), you will be presented with a Chart with Prices (en el centro de la imagen) and some Order Books (Leftside of the image). For now we are making our Limit Order.

los “Precio” field will be automatically filled with the recent tariff Bitcoin Cash (BCH) was traded for. Puede cambiar esto a su precio favorito. El campo con el “Cantidad” tag is the volumen of BCH you wish to purchase. los “Total” field is the aggregated price in Bitcoin that you will settle for the complete amount of BCH.

When you're satisfied, make a mouse click onBuy BCH”. Your plan will be filled when a Vendor trades their BCH for the price you introduced.

Paso 5 – Withdraw Bitcoin Cash (BCH)

Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended time frame. To withdraw your (BCH) Bitcoin Cash, hover over the tab called “Fondos” y haga clic con el mouse en “Retirar”. Bitcoin Cash (BCH) can be securely stored using a Wallet, por ejemplo MyEtherWallet. (Guía de configuración de MyEtherWallet)

Locate (BCH) Bitcoin Cash by using the provided drop-down box. Enter the amount of Bitcoin Cash (BCH) you would like to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, haga clic en “Enviar”. You may be requested for phone/email verification ahead of a take off.

Congratulations! You've successfully bought and stored (BCH) Bitcoin Cash in Nigeria.

Eso es!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutos (depending on network usage). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the Bitcoin Cash (BCH) is safe inside your wallet, you are finished.