How to Buy Bitcoin Cash (BCH) in Madagascar

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and getting your welcome Ethereum or Bitcoin.

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

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

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find Bitcoin Cash (BCH)

As soon as your deposit has been verified, you will directly have access to your assets and you can launch purchasing and trading. To purchase (BCH) Bitcoin Cash on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to locate (BCH) Bitcoin Cash, you will 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 have highlighted this too. Click on “BCH/BTC” to advance.

Step 4 – Purchase (BCH) Bitcoin Cash

Once you've located (BCH) Bitcoin Cash, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're creating our Limit Order.

The “Price” field will be automatically filled with the most up-to-date price (BCH) Bitcoin Cash was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of BCH you want to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the complete quantity of BCH.

If you are happy, make a mouse click on “Buy BCH”. Your plan will be filled when a Vendor sells their BCH for the price you gave.

Step 5 – Withdraw Bitcoin Cash (BCH)

Unless you are regularly trading, you should never keepyour crypto on an Crypto Trader for an longer period of time. To take off your Bitcoin Cash (BCH), hover over the “Funds” tab and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bitcoin Cash (BCH) by using the provided drop-down box. Enter the amount of Bitcoin Cash (BCH) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you are glad, click “Submit”. You may be requested for verfication via phone/email before a take off.

Congrats! You have successfully bought and safed (BCH) Bitcoin Cash in Madagascar.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the Bitcoin Cash (BCH) is safe within your wallet, you are finished.