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Bitcoin.com App featuring: Swap BCH to USDT Guide for beginners
Maybe some of you are wondering how to swap or why the value of your income drop and increase or changes every time. The price or value of our BitcoinCash in our account in readcash are changing every times depend on the market price.
Example is the ReadCash Fund you may see it changing every time because of the market value and of course it is distributed to some author like us.
Now I made this because I was inspired by @Eybyoung who constantly making a short post giving us a hint to swap our BCH to stable coin USDT which is available in Bitcoin.com App.
BCH - stand for BitcoinCash
USDT - stand for USD tether
Why do you need to swap? - Having this Feature in the app is really good. You can except such votality in a minutes. We recommend this Feature to be used by holders like us. The same time you can gain profits from doing thus swap things. Swap to USDT when the price is high and swap to BCH when the price is low vise versa.
Before we begin this swapping guide I suggest that you Import your wallet from readcash to Bitcoin.com App. It's safe from sudden glitch in this platform.
If you already have the App then just click Add button then it will open for your to Add Wallet click import and it will open a recovery phase for you just input your 12 seed phase and you'll see you all time balance from readcash to Bitcoin.com App. You don't need to send them in the App. Every tip you'll get it will reflect there automatically.
This guide will be long because of the pictures and I need to put those pictures for you to understand it faster.
Bitcoin.com Swap Featured Guide.
Create New wallet to used and conversation for USDT
Swapping BCH to USDT
Create New wallet for conversation for USDT: you need to follow the step below and create new wallet. You need to create new wallet where you need to received USDT converted. We cannot used the same wallet when we convert BCH to USDT and this is how I made it.
Swap BCH to USDT: when you do this kindly follow the inspection carefully. In someway some of you may feel confused. When I tried this before I was confused then I figured it out how the right way to do this swap Featured.
You can also swap BCH into BTC and the step are just the same. The process is just the same but your receiving wallet here is your BTC wallet
When you click Swap you need to change the coins you want to swap. Be sure to use different wallet to receive your conversation inside Bitcoin.com. you need to Allow and Confirm the swap. The minimum Swap is 1 USDT.
You can also the equivalent rate if your swap in USDT and the amount you'll receive when you swap.
At this picture my balance is not enough to convert. Be sure that the sender wallet has enough BCH to convert into USDT before you slide and confirm the swap. If you want to swap bigger than 1 USDT then you can simply edit the amount before you swap.
After swapping you'll see this picture below.
You need to go in your notification bell and click on the current transaction you made and see the current state of your transaction. You must see the transaction like in the last picture. Once done you'll receive a notification again. And check them in your receiving wallet and click on asset 2 and see your USDT converts there.
I hope this may helps you a little regarding swapping your BCH into USDT. You can swap USDT to BCH again. If you want me to make a toturial into that then let me and I'll be glad to do that for you.