A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Senegal
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first 10 Dollar.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find (BCH) Bitcoin Cash Once your deposit has been verified, you will directly have access to your funds and you can commence buying and trading. To invest in (BCH) Bitcoin Cash on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot 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 grouping, we have highlighted this too. Click on “BCH/BTC” to proceed.
Step 4 – Purchase Bitcoin Cash (BCH) After you've spotted (BCH) Bitcoin Cash, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are making our Limit Order. The “Price” field will be filled with the most latest price (BCH) Bitcoin Cash was sold for. This can be changed to your desired rate. 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 will pay for the complete volumen of BCH. When you are glad, click on “Buy BCH”. Your order will be filled when a Vender trades their BCH for the price you offered.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer period of time. To take off your (BCH) Bitcoin Cash, go to the “Funds” tab and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the given drop-down box. Drop in the amount of Bitcoin Cash (BCH) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.