A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Seychelles
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find (BCH) Bitcoin Cash As soon as your deposit has been affirmed, you will now have access to your assets and you can start buying and trading. To purchase (BCH) Bitcoin Cash on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot (BCH) Bitcoin Cash, you will need to put the shortname of the coin (BCH) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've highlighted this also. Click on “BCH/BTC” to progress.
Step 4 – Acquisition of Bitcoin Cash (BCH) After you've discovered (BCH) Bitcoin Cash, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order. The “Price” field will be filled automatically with the latest tariff (BCH) Bitcoin Cash was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of BCH you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole volumen of BCH. When you are happy, make a mouse click on “Buy BCH”. Your plan will be filled as soon as a Vender trades their BCH for the price you gave.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're trading, best advise is not to keep crypto coins on an Exchange for an longer time frame. To take off your (BCH) Bitcoin Cash, go to the “Funds” tab and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the given drop-down box. Drop in the quantity of (BCH) Bitcoin Cash you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, click “Submit”. You may be requested for email/phone verification before a withdrawal.