A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Gabon
Step 1 – Join Coinbase and get 10$ for free You will first need to buy one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and to get your first 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange 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 illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been approved, you'll immediately have access to your funds and you can begin purchasing and trading. To invest in Bitcoin Cash (BCH) on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to discover (BCH) Bitcoin Cash, you'll need to put the short name of the asset (BCH) into the search box, which is marked in the image. Be certain of having selected the correct grouping, we've highlighted this also. Click on “BCH/BTC” to advance.
Step 4 – Purchasing Bitcoin Cash (BCH) After you've discovered Bitcoin Cash (BCH), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are going to make our own Limit Order. The “Price” field will be filled with the most latest valuation (BCH) Bitcoin Cash was traded for. You can change this to your favoured rate. The “Amount” field is the amount of BCH you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of BCH. When you are glad, make a mouse click on “Buy BCH”. Your order will be filled when a Vender trades their BCH for the price you gave.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time period. In order to withdraw your (BCH) Bitcoin Cash, go to the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the given drop-down box. Drop in the amount of (BCH) Bitcoin Cash you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You may be asked for phone/email verification before a take off.