How to Buy Bitcoin Cash (BCH) in Iran

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Iran

Step 1 – Signup to Kraken

You'll first need to buy units of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and getting your first Bitcoin or Ethereum.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Bitcoin Cash (BCH) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find (BCH) Bitcoin Cash

Once your deposit has been confirmed, you will directly have access to your finances and you can commence invest and trading. To invest in (BCH) Bitcoin Cash on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”.

To discover Bitcoin Cash (BCH), you will need to put the shortname of the coin (BCH) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “BCH/BTC” to go on.

Step 4 – Acquisition of (BCH) Bitcoin Cash

Once you have located (BCH) Bitcoin Cash, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our Limit Order.

The “Price” field will be automatically filled with the up-to-date rate (BCH) Bitcoin Cash was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of BCH you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of BCH.

When you're happy, make a mouse click on “Buy BCH”. Your order will be filled when a Vendor 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 on an Exchange for an extended period of time. To take off your Bitcoin Cash (BCH), hover over the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BCH) Bitcoin Cash by using the provided drop-down box. Enter the volumen of (BCH) Bitcoin Cash you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you are glad, click “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Kudos! You have successfully purchased and safed (BCH) Bitcoin Cash in Iran.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (BCH) Bitcoin Cash is safe within your wallet, you're done.