A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Egypt
Step 1 – Join CEX.io You will first need to buy one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bitcoin Cash (BCH) is accessible 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 this how-to) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been approved, you'll immediately have access to your finances and you can start purchasing and trading. To purchase (BCH) Bitcoin Cash on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To find (BCH) Bitcoin Cash, you'll need to put the short name of the asset (BCH) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “BCH/BTC” to proceed.
Step 4 – Buying (BCH) Bitcoin Cash As soon as you've located Bitcoin Cash (BCH), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation (BCH) Bitcoin Cash was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of BCH you want to purchase. The “Total” field is the aggregated price in BTC that you will settle for the complete amount of BCH. When you are happy, make a mouse click on “Buy BCH”. Your plan will be filled as soon as a Seller trades their BCH for the price you introduced.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended period of time. To take off your (BCH) Bitcoin Cash, go to the tab called “Funds” and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Put into the quantity of (BCH) Bitcoin Cash you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.