How to buy Bitcoin Cash easily in Africa; Nigeria as a case study

I'm writing this on this day 19th of April, 2021, at 2:47am (WAT)

I've been finding it hard to sleep, and thought of what to write, that could be eye opening and educative, so i thought of the problem facing people especially in buying cryptocurrency, due to the stringent rules and Government restrictions on cryptocurrency trading, and i was able to come up with this; How to buy BitcoinCash in Africa.

I'm going to be using Binance for better understanding because that's what i use in buying my tokens with the enabled P2P transactions, which has been making it easier for most of us in Africa, Nigeria especially.

I'm not promoting a cryptocurrency exchange here but I'm using Binance for better understanding and access, that's what i have been using and its been easier when buying crypto.

Steps to buying BitcoinCash easily;

I will be explaining with an arrow for easy understanding. Download binance app from the google play store or istore, then sign up and take the verification process, once that's done, you are good to go, just as you can see below.

Switch to binance pro;

Withing the same app, you can switch in between lite and professional view, but to trade, you would have to use the professional view, because the lite is limited. The lite view only contains the list of your asset, swap or sending your tokens to another wallet, as seen below.

Getting started in the professional view;

Once you are at the professional page, just as the arrow pointed, click on more to bring out more options for you to chose from, that's where the click to buying your crypto is.

Buying via P2p transaction;

The restriction of government on buying crypto is what made everybody resorts to buying via P2P. Just as seen below,click on the P2P to take you to the peer to peer page so that you can buy your favorite token, BitcoinCash.

Buying through a P2P agent;

Once you've clicked the P2P tab, the image below pops up, and a list of available agents/sellers are made available for you to chose. Chose the agent that has the range of amount of USDT you want to buy and click on "BUY" as seen where the arrow is pointing.

Entering the amount of USDT to buy;

when you click on buy as explained earlier,the image below pops us, asking you to enter the desired amount of USDT to buy. Once you enter the amount, it takes you to a page where you will be directed to for payment and monitor it till your order is delivered.

When the order arrives;

When the amount of USDT you placed for order arrives, it goes to the P2P wallet automatically, but you need not to panic because there is a room to transfer it to your trading/spot wallet, where you would need to trade your USDT for your crypto. So you will go back to home page and click wallets, and the image below should pop up, then click on p2p to transfer your usdt.

Transfer to Spot wallet;

When you click on the p2p tab as shown above, the page below pops up, then click on the transfer as indicated by the arrow, this is to make it possible for you to trade your favorite crypto, BitcoinCash.

Click on Transfer;

When you click on transfer as shown above, the image below pops up, asking you to click on the transfer so that you can finish your journey on buying the favorite crypto, BitcoinCash.

Transfer from P2P to Spot wallet;

This is a process before the last stage, once you click on the transfer as shown above, this page comes up, asking you to switch or transfer from the default p2p to trading wallet. Click on the tab where the arrow indicated, and the two wallets will switch, so that your usdt will convert or transfer to the spot wallet for trading. Then enter the amount of usdt you want to transfer and click send , there you go!.

The last phase;

This is the last phase of your journey in buying BitcoinCash. Once you are done transferring from p2p to spot wallet, click on the trade tab below the app, and this page will come up, ready for you to trade your usdt for BitcoinCash. Enter the amount of USDT you want to use in buying BCH (minimum 10 USDT), then click buy BCH and you are done.

Welcome to the BitcoinCash community, you are good to go. Hodl and make payments with your BitcoinCash.

Follow me on Noise.Cash @KennieKing for more short update. Thank you!