A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Sierra Leone
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive your welcome $10.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been approved, you will instantly have access to your assets and you can initiate buying and trading. To buy Bitcoin Cash (BCH) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. In order to spot Bitcoin Cash (BCH), you'll need to put the cointype (BCH) into the search-box, which is highlighted in the image. Make sure you have selected the right grouping, we've marked this too. Click on “BCH/BTC” to proceed.
Step 4 – Purchasing (BCH) Bitcoin Cash After you've discovered (BCH) Bitcoin Cash, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are creating our Limit Order. The “Price” field will be filled with the most recent valuation (BCH) Bitcoin Cash was traded for. You can change this to your desired rate. The “Amount” field is the quantity of BCH you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of BCH. If you're glad, click on “Buy BCH”. Your order will be filled as soon as a Vender trades their BCH for the price you gave.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're trading, you should never keepyour crypto on an Crypto Trader for an extensive time period. To withdraw your Bitcoin Cash (BCH), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the given drop-down box. Drop in the volumen of Bitcoin Cash (BCH) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, click on “Submit”. You may be requested for email/phone verification before a withdrawal.