A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in France
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been verified, you will immediately have access to your assets and you can begin buying and trading. To invest in Bitcoin Cash (BCH) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to discover Bitcoin Cash (BCH), you will need to put the cointype (BCH) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we have marked this too. Click on “BCH/BTC” to proceed.
Step 4 – Buy (BCH) Bitcoin Cash Once you have located (BCH) Bitcoin Cash, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the most recent price Bitcoin Cash (BCH) was sold for. This can be changed to your preferred rate. The “Amount” field is the amount of BCH you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of BCH. If you are satisfied, click on “Buy BCH”. Your order will be filled when a Vender trades their BCH for the price you submitted.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an longer period of time. To withdraw your (BCH) Bitcoin Cash, hover over the tab called “Funds” and click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the provided drop-down box. Drop in the amount of Bitcoin Cash (BCH) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You may be requested for verfication via phone/email before a take off.