How to Purchase Bitcoin Cash on Binance: A Step-by-Step Guide

　　Bitcoin Cash (BCH) is one of the most popular cryptocurrencies in the market today. As a result, many individuals are looking for ways to purchase it. One of the most popular platforms for purchasing cryptocurrencies is Binance. In this article, we will provide you with a step-by-step guide on how to purchase Bitcoin Cash on Binance.

　　Step 1: Create a Binance Account

　　The first step in purchasing Bitcoin Cash on Binance is to create a Binance account. To do this, visit the Binance website and click on the "Register" button. You will be prompted to provide your email address, create a password, and agree to the terms and conditions. Once you have completed these steps, you will receive a verification email. Click on the link in the email to verify your account.

　　Step 2: Verify Your Account

　　To ensure the security of your account, Binance requires you to verify your identity. This process involves providing your full name, date of birth, and a government-issued ID. You will also need to take a selfie with your ID to verify your identity. Once you have completed this process, your account will be verified, and you will be able to deposit and withdraw funds.

　　Step 3: Deposit Funds

　　Before you can purchase Bitcoin Cash, you need to deposit funds into your Binance account. You can do this by clicking on the "Funds" tab at the top of the Binance website. From there, click on "Deposit" and select the currency you want to deposit. You will then be provided with a unique deposit address. Copy this address and use it to send funds from your external wallet or bank account.

　　Step 4: Navigate to the Bitcoin Cash Trading Page

　　Once you have deposited funds into your Binance account, you can navigate to the Bitcoin Cash trading page. To do this, click on the "Exchange" tab at the top of the website, and then select "Basic" or "Advanced" depending on your preference. In the search bar, type "BCH" and select "BCH/BTC" or "BCH/USDT" depending on the trading pair you want to use.

　　Step 5: Place a Buy Order

　　Now that you are on the Bitcoin Cash trading page, you can place a buy order. To do this, click on the "Market" tab, which allows you to buy Bitcoin Cash at the current market price. Enter the amount of Bitcoin Cash you want to purchase and click on "Buy BCH." You can also place a limit order by clicking on the "Limit" tab and setting a specific price at which you want to buy Bitcoin Cash.

　　Step 6: Confirm Your Purchase

　　Once you have placed your buy order, it will be executed at the current market price or the price you set for your limit order. You will see your newly purchased Bitcoin Cash in your Binance account. Congratulations! You have successfully purchased Bitcoin Cash on Binance.

　　In conclusion, purchasing Bitcoin Cash on Binance is a straightforward process that involves creating an account, verifying your identity, depositing funds, navigating to the trading page, placing a buy order, and confirming your purchase. By following these steps, you can easily purchase Bitcoin Cash and add it to your cryptocurrency portfolio.

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