A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Seychelles
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and getting your first $10.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been confirmed, you will directly have access to your assets and you can begin buying and trading. To purchase Bitcoin Cash (BCH) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. To spot (BCH) Bitcoin Cash, you will need to put the cointype (BCH) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “BCH/BTC” to progress.
Step 4 – Purchasing (BCH) Bitcoin Cash Once you've located (BCH) Bitcoin Cash, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our own Limit Order. The “Price” field will be filled with the most latest price (BCH) Bitcoin Cash was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of BCH you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete quantity of BCH. If you're happy, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Vender sells their BCH for the price you introduced.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive period of time. In order to take off your Bitcoin Cash (BCH), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Enter the volumen of Bitcoin Cash (BCH) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.