A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Angola
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been affirmed, you will now have access to your funds and you can launch invest and trading. To purchase Bitcoin Cash (BCH) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot Bitcoin Cash (BCH), you will need to put the short name of the asset (BCH) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we have marked this too. Click on “BCH/BTC” to go on.
Step 4 – Acquisition of Bitcoin Cash (BCH) After you have discovered Bitcoin Cash (BCH), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we're going to make our own Limit Order. The “Price” field will be filled with the most latest valuation (BCH) Bitcoin Cash was traded for. You can change this to your preferred rate. The “Amount” field is the volumen of BCH you wish to purchase. The “Total” field is the aggregated price in BTC that you'll settle for the whole amount of BCH. If you're happy, click on “Buy BCH”. Your plan will be filled as soon as a Seller sells their BCH for the price you introduced.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an extended period of time. In order to take off your (BCH) Bitcoin Cash, go to the “Funds” tab and click on “Withdraw”. Bitcoin Cash (BCH) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the provided drop-down box. Put into the quantity of (BCH) Bitcoin Cash you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.