A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Bangladesh
Step 1 – Signup to CEX.io You'll first need to buy units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate (BCH) Bitcoin Cash As soon as your deposit has been affirmed, you will now have access to your funds and you can initiate purchasing and trading. To buy Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. To find Bitcoin Cash (BCH), you will need to insert the cointype (BCH) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we've marked this also. Click on “BCH/BTC” to proceed.
Step 4 – Acquisition of (BCH) Bitcoin Cash After you have spotted (BCH) Bitcoin Cash, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we are going to create our Limit Order. The “Price” field will be automatically filled with the most recent valuation (BCH) Bitcoin Cash was traded for. You can change this to your favoured price. The “Amount” field is the volumen of BCH you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete quantity of BCH. If you are glad, click on “Buy BCH”. Your order will be filled as soon as a Seller sells their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extended period of time. In order to take off your Bitcoin Cash (BCH), hover over the tab called “Funds” and click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the given drop-down box. Enter the quantity of (BCH) Bitcoin Cash you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You could be requested for email/phone verification before a withdrawal.