A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Belarus
Step 1 – Join CEX.io You will first need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and receive your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin or Ethereum 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're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Bitcoin Cash (BCH) Once your deposit has been confirmed, you'll instantly have access to your funds and you can start invest and trading. To invest in Bitcoin Cash (BCH) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To locate (BCH) Bitcoin Cash, you'll need to insert the shortname of the coin (BCH) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have marked this too. Click on “BCH/BTC” to progress.
Step 4 – Purchasing Bitcoin Cash (BCH) As soon as you've discovered (BCH) Bitcoin Cash, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to create our Limit Order. The “Price” field will be filled automatically with the most up-to-date rate Bitcoin Cash (BCH) was sold for. You can change this to your desired rate. The “Amount” field is the quantity of BCH you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of BCH. When you are happy, click on “Buy BCH”. Your plan will be filled as soon as a Vender trades their BCH for the price you introduced.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're trading, best advise is not to keep your coins on an Exchange for an extended period of time. In order to take off your Bitcoin Cash (BCH), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the given drop-down box. Put into the amount of (BCH) Bitcoin Cash you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.