A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Rwanda
Step 1 – Signup to CEX.io You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and receive your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto 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 sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate (BCH) Bitcoin Cash As soon as your deposit has been verified, you will directly have access to your assets and you can launch invest and trading. To invest in (BCH) Bitcoin Cash on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to find (BCH) Bitcoin Cash, you'll need to put the short name of the asset (BCH) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we have highlighted this too. Click on “BCH/BTC” to continue.
Step 4 – Acquisition of (BCH) Bitcoin Cash As soon as you've found (BCH) Bitcoin Cash, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the recent rate Bitcoin Cash (BCH) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of BCH you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of BCH. If you're glad, click on “Buy BCH”. Your order will be filled when a Seller sells their BCH for the price you offered.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are trading, never keep your coins on an Exchange for an extended period of time. To withdraw your (BCH) Bitcoin Cash, go to the tab called “Funds” and click on “Withdraw”. Bitcoin Cash (BCH) can be safely stored 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 Bitcoin Cash (BCH) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.