How to Buy Bitcoin Cash (BCH) in Azerbaijan

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

Step 1 – Signup to Coinbase and get 10$ for free

You will first need to purchase one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and getting your first 10$.

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

Your ETH (Ethereum) or BTC (Bitcoin) 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 will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual)

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

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

Once your deposit has been verified, you will now have access to your funds and you can begin invest and trading. To invest in {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To discover {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}, you will need to insert the cointype (BCH) into the search box, which is marked in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “BCH/BTC” to continue.

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

After you have discovered {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our own Limit Order.

The ”Price” field will be filled automatically with the most latest valuation {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of BCH you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole amount of BCH.

When you're glad, click on “Buy BCH”. Your plan will be filled as soon as a Vendor sells their BCH for the price you gave.

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

Unless you are trading, never keep your crypto coins on an Exchange for an extended period of time. In order to withdraw your {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash}, hover over the ”Funds” tab and mouse click on “Withdraw”. {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} by using the provided drop-down box. Drop in the volumen of {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.

Congrats! You have successfully bought and stored Bitcoin Cash (BCH) in Azerbaijan.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Bitcoin Cash (BCH)|(BCH) Bitcoin Cash} is stored within your wallet, you're all done.

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