A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Mauritania
Step 1 – Signup to CEX.io You will first need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your first Ethereum or Bitcoin.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Bitcoin Cash (BCH) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been affirmed, you will directly have access to your finances and you can start buying and trading. To buy Bitcoin Cash (BCH) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order to spot Bitcoin Cash (BCH), you'll need to insert the cointype (BCH) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we have highlighted this also. Click on “BCH/BTC” to progress.
Step 4 – Purchasing Bitcoin Cash (BCH) After you've discovered Bitcoin Cash (BCH), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the latest rate Bitcoin Cash (BCH) was sold for. You can change this to your preferred price. The “Amount” field is the quantity of BCH you want to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole quantity of BCH. If you're happy, make a mouse click on “Buy BCH”. Your plan will be filled when a Vender sells their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are trading, best advise is not to keep coins on an Crypto Trader for an longer time frame. To take off your Bitcoin Cash (BCH), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the given drop-down box. Enter the quantity of (BCH) Bitcoin Cash you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.