A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Togo
Step 1 – Join CEX.io You will first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and receive your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum has 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 will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Bitcoin Cash (BCH) As soon as your deposit has been verified, you will now have access to your assets and you can begin invest and trading. To invest in (BCH) Bitcoin Cash on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to discover (BCH) Bitcoin Cash, you'll need to put the cointype (BCH) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “BCH/BTC” to proceed.
Step 4 – Buying Bitcoin Cash (BCH) Once you've found Bitcoin Cash (BCH), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to create our Limit Order. The “Price” field will be filled automatically with the recent tariff Bitcoin Cash (BCH) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of BCH you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete amount of BCH. If you are satisfied, make a mouse click on “Buy BCH”. Your plan will be filled when a Vender trades their BCH for the price you introduced.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an extensive time period. In order to withdraw your Bitcoin Cash (BCH), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the given drop-down box. Put into the quantity of (BCH) Bitcoin Cash you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.