A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Zambia
Step 1 – Signup to Kraken You'll first need to purchase one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and getting your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Bitcoin Cash (BCH) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Bitcoin Cash (BCH) As soon as your deposit has been affirmed, you will now have access to your assets and you can initiate purchasing and trading. To buy (BCH) Bitcoin Cash on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to locate Bitcoin Cash (BCH), you will need to put the cointype (BCH) into the search-box, which is highlighted in the image. Be certain of having choosen the proper grouping, we've marked this too. Click on “BCH/BTC” to continue.
Step 4 – Purchasing (BCH) Bitcoin Cash After you have discovered (BCH) Bitcoin Cash, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the latest valuation (BCH) Bitcoin Cash was traded for. You can change this to your favoured price. The “Amount” field is the amount of BCH you want to buy. The “Total” field is the aggregated price in BTC that you will pay for the whole amount of BCH. If you are glad, click on “Buy BCH”. Your order will be filled as soon as a Vendor trades their BCH for the price you gave.
Step 5 – Withdraw (BCH) Bitcoin Cash Unless you are frequently trading, best advise is not to keep coins on an Exchange for an extended time frame. To withdraw your Bitcoin Cash (BCH), go to the tab called “Funds” and click on “Withdraw”. (BCH) Bitcoin Cash can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCH) Bitcoin Cash by using the given drop-down box. Enter the quantity of (BCH) Bitcoin Cash you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be requested for email/phone verification before a withdrawal.