How Do I Buy Bitcoin Cash on Coinbase?

　　Bitcoin Cash (BCH) has gained significant popularity as a cryptocurrency alternative to Bitcoin (BTC). If you are looking to buy Bitcoin Cash on Coinbase, one of the world's leading cryptocurrency exchanges, this guide will walk you through the process step by step.

　　How do I buy Bitcoin Cash on Coinbase?

　　Before you start, make sure you have a Coinbase account. If you don't have one, sign up for a free account on the Coinbase website or download the Coinbase app from the App Store or Google Play. Once you have an account, follow these steps to buy Bitcoin Cash on Coinbase:

　　1. Verify your account: To comply with regulatory requirements, Coinbase requires users to verify their identity. This process involves providing proof of identity and address. You can upload a government-issued ID and a photo of your ID with your face visible. The verification process can take a few minutes to a few days, depending on the volume of requests.

　　2. Deposit funds: After your account is verified, you need to deposit funds into your Coinbase account. You can do this by linking a bank account or credit/debit card. The deposit process may vary depending on your location and the payment method you choose. Once the funds are in your account, you can proceed to buy Bitcoin Cash.

　　3. Navigate to the Bitcoin Cash section: On the Coinbase website or app, locate the Bitcoin Cash section. You can find it by searching for "Bitcoin Cash" or "BCH" in the search bar.

　　4. Choose your order type: Coinbase offers two types of orders for buying Bitcoin Cash: a market order and a limit order. A market order will execute immediately at the current market price, while a limit order allows you to set a specific price at which you want to buy Bitcoin Cash. Choose the order type that suits your needs.

　　5. Enter the amount: Enter the amount of Bitcoin Cash you want to buy. You can enter the amount in either Bitcoin Cash or your local currency. If you are using a market order, the price will be automatically calculated based on the current market rate. If you are using a limit order, you can set the price manually.

　　6. Confirm and place the order: Review your order details, including the amount and price, and confirm the transaction. Once you have placed the order, Coinbase will execute the trade and credit your Bitcoin Cash to your account.

　　7. Store your Bitcoin Cash: It's important to keep your Bitcoin Cash safe. Coinbase offers a secure wallet where you can store your cryptocurrency. However, for maximum security, consider transferring your Bitcoin Cash to a hardware wallet or another secure storage solution.

　　In conclusion, buying Bitcoin Cash on Coinbase is a straightforward process. By following these steps, you can easily purchase Bitcoin Cash and add it to your cryptocurrency portfolio. Remember to verify your account, deposit funds, and choose the order type that suits your needs. Happy trading!

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