A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Zambia
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome $10.
Step 2 – Transfer Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) 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 sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find Bitcoin Cash (BCH) Once your deposit has been verified, you will now have access to your funds and you can initiate buying and trading. To invest in (BCH) Bitcoin Cash on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To find (BCH) Bitcoin Cash, you will need to insert the cointype (BCH) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this also. Click on “BCH/BTC” to progress.
Step 4 – Buying Bitcoin Cash (BCH) As soon as you have located (BCH) Bitcoin Cash, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order. The “Price” field will be filled with the most latest valuation Bitcoin Cash (BCH) was sold for. You can change this to your preferred price. The “Amount” field is the volumen of BCH you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole quantity of BCH. If you are happy, click on “Buy BCH”. Your plan will be filled when a Vender sells their BCH for the price you submitted.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time frame. In order to take off your (BCH) Bitcoin Cash, hover over the “Funds” tab and click on “Withdraw”. Bitcoin Cash (BCH) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Cash (BCH) by using the provided drop-down box. Drop in the quantity of Bitcoin Cash (BCH) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.