How to Buy Bitcoin Cash (BCH) in Sao Tome And Principe

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Sao Tome And Principe

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase units of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first 10$.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate (BCH) Bitcoin Cash

Once your deposit has been approved, you'll directly have access to your funds and you can commence buying and trading. To purchase (BCH) Bitcoin Cash on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot (BCH) Bitcoin Cash, you'll need to put the cointype (BCH) into the search box, which is marked in the graphic. Be certain of having choosen the right grouping, we've marked this also. Click on “BCH/BTC” to go ahead.

Step 4 – Acquisition of (BCH) Bitcoin Cash

Once you have discovered Bitcoin Cash (BCH), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our own Limit Order.

The field with the “Price” tag will be filled with the most recent tariff (BCH) Bitcoin Cash was traded for. This can be changed to your favoured price. The “Amount” field is the amount of BCH you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of BCH.

When you are happy, click on “Buy BCH”. Your order will be filled as soon as a Vendor sells their BCH for the price you gave.

Step 5 – Withdraw Bitcoin Cash (BCH)

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Trader for an extended period of time. To withdraw your Bitcoin Cash (BCH), hover over the “Funds” tab and click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BCH) Bitcoin Cash by using the provided drop-down box. Enter the volumen of (BCH) Bitcoin Cash you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you're happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.

Congrats! You have successfully bought and stored Bitcoin Cash (BCH) in Sao Tome And Principe.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Bitcoin Cash (BCH) is stored in your wallet, you are done.