A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Guinea
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive your first 10$.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Bitcoin Cash (BCH) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (BCH) Bitcoin Cash Once your deposit has been approved, you'll now have access to your finances and you can begin invest and trading. To purchase (BCH) Bitcoin Cash on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”. To spot Bitcoin Cash (BCH), you'll need to put the cointype (BCH) into the search-box, which is highlighted in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “BCH/BTC” to continue.
Step 4 – Buy Bitcoin Cash (BCH) As soon as you've spotted Bitcoin Cash (BCH), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation (BCH) Bitcoin Cash was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of BCH you want to buy. The “Total” field is the aggregated price in BTC that you'll pay for the complete amount of BCH. If you are glad, click on “Buy BCH”. Your plan will be filled as soon as a Vender sells their BCH for the price you gave.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're trading, never keep your crypto on an Crypto Trader for an extended time frame. In order to take off your Bitcoin Cash (BCH), hover over the tab called “Funds” and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the provided drop-down box. Put into the quantity of (BCH) Bitcoin Cash you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.