How to Claim and Sell Bitcoin Cash on Poloniex: A Comprehensive Guide

　　Bitcoin Cash (BCH) has gained significant popularity in the cryptocurrency market, and many users are looking for ways to claim and sell their BCH on Poloniex, one of the leading cryptocurrency exchanges. In this article, we will provide you with a step-by-step guide on how to claim and sell Bitcoin Cash on Poloniex.

　　How to Claim Bitcoin Cash on Poloniex

　　1. Verify your Poloniex account: Before you can claim your Bitcoin Cash, you need to ensure that your Poloniex account is fully verified. This process involves providing your personal information, including your full name, date of birth, and a government-issued ID. Once your account is verified, you can proceed to claim your Bitcoin Cash.

　　2. Check your wallet address: To claim your Bitcoin Cash, you need to have a wallet address where you can receive the funds. You can create a Bitcoin Cash wallet using various online services or mobile applications. Make sure to copy the wallet address and keep it safe.

　　3. Access the BCH claim page: Log in to your Poloniex account and navigate to the "Funds" section. Click on "Deposit" and then select "Bitcoin Cash (BCH)" from the list of available cryptocurrencies. On the next page, you will find a link to the BCH claim page.

　　4. Enter your wallet address: On the BCH claim page, you will be prompted to enter your wallet address. Paste the address you copied earlier and click "Submit." Poloniex will then send a small amount of Bitcoin Cash to your wallet as a confirmation.

　　5. Wait for confirmation: Once you have submitted your wallet address, you need to wait for the Bitcoin Cash transaction to be confirmed on the blockchain. This process can take a few minutes to several hours, depending on the network congestion.

　　6. Confirm your claim: After the transaction is confirmed, you will see your Bitcoin Cash balance increase in your wallet. This confirms that you have successfully claimed your Bitcoin Cash on Poloniex.

　　How to Sell Bitcoin Cash on Poloniex

　　1. Deposit Bitcoin Cash: Before you can sell your Bitcoin Cash, you need to have it in your Poloniex account. If you haven't already claimed your Bitcoin Cash, follow the steps outlined above to claim it first. Once you have your BCH in your account, navigate to the "Funds" section and click on "Deposit."

　　2. Choose the trading pair: On the deposit page, select "Bitcoin Cash (BCH)" as the currency and choose the trading pair you want to trade your BCH for. For example, you can trade BCH for Bitcoin (BTC), Ethereum (ETH), or any other cryptocurrency available on Poloniex.

　　3. Place a sell order: Once you have chosen your trading pair, click on the "Sell" button. Enter the amount of Bitcoin Cash you want to sell and the price at which you want to sell it. You can choose to place a market order, which will sell your BCH at the current market price, or a limit order, which will sell your BCH at a specific price.

　　4. Review and confirm: Before placing your sell order, review the details to ensure that everything is correct. Once you are satisfied, click "Sell" to execute the order. Your Bitcoin Cash will be sold, and the corresponding amount of the chosen trading pair will be credited to your Poloniex account.

　　In conclusion, claiming and selling Bitcoin Cash on Poloniex is a straightforward process. By following the steps outlined in this guide, you can easily claim your Bitcoin Cash and sell it for your preferred trading pair. Always remember to keep your account secure and stay informed about the latest market trends to make informed decisions.

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