A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Turkmenistan
Step 1 – Join CEX.io You'll first need to buy units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Bitcoin Cash (BCH) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
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 launch buying and trading. To purchase (BCH) Bitcoin Cash on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”. In order to find Bitcoin Cash (BCH), you will need to insert the short name of the asset (BCH) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've marked this too. Click on “BCH/BTC” to progress.
Step 4 – Buying Bitcoin Cash (BCH) As soon as you have located (BCH) Bitcoin Cash, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the recent rate (BCH) Bitcoin Cash was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of BCH you want to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole 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 Bitcoin Cash (BCH) Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an extended time frame. In order to take off your Bitcoin Cash (BCH), go to the tab called “Funds” and click on “Withdraw”. (BCH) Bitcoin Cash can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Cash (BCH) by using the provided drop-down box. Put into the amount of Bitcoin Cash (BCH) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.