A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Togo
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first $10.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto 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 illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate (BCH) Bitcoin Cash As soon as your deposit has been approved, you will now have access to your funds and you can start invest and trading. To invest in (BCH) Bitcoin Cash on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover (BCH) Bitcoin Cash, you will need to put the shortname of the coin (BCH) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “BCH/BTC” to proceed.
Step 4 – Purchase Bitcoin Cash (BCH) As soon as you've located Bitcoin Cash (BCH), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date tariff Bitcoin Cash (BCH) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BCH you like to buy. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of BCH. If you are happy, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Seller trades their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an longer period of time. To withdraw your Bitcoin Cash (BCH), hover over the tab called “Funds” and mouse click on “Withdraw”. (BCH) Bitcoin Cash can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the provided drop-down box. Drop in the volumen of (BCH) Bitcoin Cash you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.