A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Brazil
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and getting your first Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum has 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 will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) Once your deposit has been affirmed, you'll directly have access to your funds and you can commence purchasing and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Bitcoin Cash (BCH), you will need to put the cointype (BCH) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this too. Click on “BCH/BTC” to proceed.
Step 4 – Purchasing (BCH) Bitcoin Cash After you've spotted Bitcoin Cash (BCH), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date tariff (BCH) Bitcoin Cash was traded for. You can change this to your desired rate. The “Amount” field is the amount of BCH you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of BCH. If you are happy, click on “Buy BCH”. Your plan will be filled when a Seller trades their BCH for the price you introduced.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're frequently trading, best advise is not to keep crypto coins on an Exchange for an extended period of time. To take off your (BCH) Bitcoin Cash, hover over the “Funds” tab and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the given drop-down box. Put into the volumen of (BCH) Bitcoin Cash you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.