How to Buy Bitcoin Cash (BCH) in Peru

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and receive your welcome 10$.

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Bitcoin Cash (BCH) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find (BCH) Bitcoin Cash

As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can start purchasing and trading. To invest in Bitcoin Cash (BCH) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to locate (BCH) Bitcoin Cash, you'll need to insert the shortname of the coin (BCH) into the search-box, which is highlighted in the picture. Make sure you have selected the correct grouping, we've highlighted this too. Click on “BCH/BTC” to advance.

Step 4 – Buying Bitcoin Cash (BCH)

After you've discovered Bitcoin Cash (BCH), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're going to create our own Limit Order.

The “Price” field will be filled with the latest rate (BCH) Bitcoin Cash was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of BCH you wish to purchase. The “Total” field is the whole price in Bitcoin that you will settle for the whole volumen of BCH.

If you're happy, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Seller trades their BCH for the price you gave.

Step 5 – Withdraw (BCH) Bitcoin Cash

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extensive period of time. To withdraw your (BCH) Bitcoin Cash, go to the “Funds” tab and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the amount of (BCH) Bitcoin Cash you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you're satisfied, click “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Congrats! You've successfully bought and stored Bitcoin Cash (BCH) in Peru.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (BCH) Bitcoin Cash is stored within your wallet, you're finished.