A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Morocco
Step 1 – Join Kraken You'll first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Bitcoin Cash (BCH) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been confirmed, you'll instantly have access to your finances and you can start invest and trading. To invest in (BCH) Bitcoin Cash on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. To discover Bitcoin Cash (BCH), you'll need to insert the short name of the asset (BCH) into the search-box, which is marked in the graphic. Be certain of having choosen the right pairing, we've highlighted this too. Click on “BCH/BTC” to go ahead.
Step 4 – Buying (BCH) Bitcoin Cash As soon as you've discovered (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). Next we are going to make our own Limit Order. The “Price” field will be filled with the latest rate Bitcoin Cash (BCH) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BCH you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of BCH. When you're glad, click on “Buy BCH”. Your order will be filled as soon as a Vendor sells their BCH for the price you offered.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time frame. To withdraw your Bitcoin Cash (BCH), go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the given drop-down box. Put into the amount of Bitcoin Cash (BCH) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification before a take off.