A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Lesotho
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome $10.
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find (BCH) Bitcoin Cash Once your deposit has been confirmed, you will now have access to your funds and you can begin buying and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To locate 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 right grouping, we have marked this also. Click on “BCH/BTC” to go on.
Step 4 – Purchase (BCH) Bitcoin Cash Once you have spotted (BCH) Bitcoin Cash, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're making our Limit Order. The “Price” field will be automatically filled with the most up-to-date price Bitcoin Cash (BCH) was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of BCH you wish to buy. The “Total” field is the whole price in Bitcoin that you'll settle for the complete amount of BCH. When you are satisfied, click on “Buy BCH”. Your order will be filled as soon as a Vender sells their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're trading, best advise is not to keep coins on an Crypto Trader for an longer time period. In order to take off your Bitcoin Cash (BCH), go to the tab called “Funds” and mouse 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 provided drop-down box. Drop in the quantity of (BCH) Bitcoin Cash you would like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.