A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Côte DIvoire
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find (BCH) Bitcoin Cash As soon as your deposit has been confirmed, you will now have access to your assets and you can launch buying and trading. To invest in Bitcoin Cash (BCH) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To discover (BCH) Bitcoin Cash, you'll need to insert the shortname of the coin (BCH) into the search-box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've marked this too. Click on “BCH/BTC” to progress.
Step 4 – Purchasing (BCH) Bitcoin Cash Once you've found (BCH) Bitcoin Cash, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we are making our Limit Order. The “Price” field will be filled with the most recent tariff Bitcoin Cash (BCH) was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of BCH you like to purchase. The “Total” field is the whole price in Bitcoin that you'll pay for the whole quantity of BCH. If you're happy, click on “Buy BCH”. Your plan will be filled when a Seller sells their BCH for the price you gave.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extended time period. To withdraw 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) Find Bitcoin Cash (BCH) by using the given drop-down box. Drop in the quantity of (BCH) Bitcoin Cash you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You could be requested for phone/email verification ahead of a take off.