A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Zimbabwe
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your welcome 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need 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're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate (BCH) Bitcoin Cash Once your deposit has been confirmed, you'll now have access to your assets and you can begin invest and trading. To purchase Bitcoin Cash (BCH) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To spot Bitcoin Cash (BCH), you'll need to insert the shortname of the coin (BCH) into the search-box, which is marked in the graphic. Be certain of having selected the proper grouping, we've highlighted this also. Click on “BCH/BTC” to advance.
Step 4 – Buying (BCH) Bitcoin Cash Once you have located Bitcoin Cash (BCH), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we are creating our own Limit Order. The “Price” field will be filled automatically with the latest rate Bitcoin Cash (BCH) was traded for. This can be changed to your desired price. The “Amount” field is the amount of BCH you like to buy. The “Total” field is the whole price in Bitcoin that you will settle for the whole amount of BCH. When you're glad, make a mouse click on “Buy BCH”. Your order will be filled as soon as a Vendor sells their BCH for the price you gave.
Step 5 – Withdraw Bitcoin Cash (BCH) Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your Bitcoin Cash (BCH), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Cash (BCH) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BCH) Bitcoin Cash by using the given drop-down box. Enter the amount of (BCH) Bitcoin Cash you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.