How to Buy Bitcoin Cash (BCH) in Armenia

A Step-by-Step-Guide on how to buy Bitcoin Cash (BCH) in Armenia

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Bitcoin Cash (BCH) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've chosen the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}

Once your deposit has been affirmed, you will directly have access to your finances and you can initiate buying and trading. To buy {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

To discover {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}, you will need to put the shortname of the coin (BCH) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've highlighted this also. Click on “BCH/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bitcoin Cash (BCH)
Step 4 – Buy {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}

Once you've discovered {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our own Limit Order.

The ”Price” field will be automatically filled with the most latest tariff {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of BCH you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole amount of BCH.

When you're satisfied, click on “Buy BCH”. Your order will be filled as soon as a Seller sells their BCH for the price you offered.

Step 5 – Withdraw {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}

Unless you are trading, best advise is not to keep your coins on an Exchange for an longer period of time. To withdraw your {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}, go to the ”Funds” tab and mouse click on “Withdraw”. {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} by using the given drop-down box. Drop in the quantity of {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully purchased and safed Bitcoin Cash (BCH) in Armenia.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} is stored within your wallet, you're done.

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