How to Purchase Altcoin (ALT) Using Bitcoin Cash (BCH) in China
To buy Altcoin using Bitcoin Cash, first, find a cryptocurrency exchange that supports the ALT/BCH trading pair. Create an account, complete the KYC process to verify your identity, and deposit your BCH into your exchange wallet. Locate the ALT/BCH pair on the trading platform and place an order to exchange your Bitcoin Cash for Altcoin. If the ALT/BCH pair is unavailable, you can first exchange Bitcoin Cash for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Altcoin. Be mindful of potential exchange fees, which vary by platform and can impact the overall cost of your transaction.
How to Exchange Altcoin (ALT) for Bitcoin Cash (BCH) in the Chinese Market
To sell Altcoin for Bitcoin Cash, first, find a cryptocurrency exchange that supports the ALT/BCH trading pair. Create an account, complete the identity verification process, and deposit your ALT into your exchange wallet. Locate the ALT/BCH pair on the trading platform and place a sell order to exchange your Altcoin for Bitcoin Cash. If the ALT/BCH pair is unavailable, you can first sell Altcoin for a stablecoin like Tether (USDT) or a fiat currency such as CNY, then trade that for Bitcoin Cash. Be mindful of potential exchange fees, which vary by platform and can impact the total amount you receive.
