How to Buy Bitcoin Cash (BCH)

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Bitcoin Cash
Bitcoin Cash

How to buy BCH

Just 3 easy steps to start investing in Bitcoin Cash

Create your account
on Blocktrade

Sign up on the website, and verify your account with complete information.

Select a payment

Select whether you want to purchase BCH with PayPal, Google Pay, etc.

Start buying
Bitcoin Cash

Choose BCH, select how much you want to buy, and make your first investment.

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Learn more about Bitcoin Cash

What is Bitcoin Cash ?

Bitcoin Cash was released in 2017 as a hard fork of Bitcoin, which means it was split from the original protocol to solve the problems regarding scalability, low speed, and high fees that Bitcoin had. Bitcoin Cash is technically and structurally similar to Bitcoin, but it can pack 4 to 8 times larger data into each block. It can also process 116 transactions per second, which means blocks are bigger, and yet the speed is higher compared to Bitcoin. Furthermore, due to its fees, Bitcoin wasn’t suitable for everyday purchases anymore. Thus, Bitcoin Cash was created as an alternative to Bitcoin for everyday use.

Inform about the latest updates on Bitcoin Cash official website.

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What is BCH ?

BCH is the native coin on the Bitcoin Cash blockchain. It was released alongside its network in 2017. Since it has lower fees, BCH acts like cash in everyday purchases and is known as electronic cash. Many stores and online markets accept this coin in their transactions. Although Bitcoin is still more popular than Bitcoin Cash, more and more people use BCH every day, and it seems that this coin is finding its way to the market. BCH is mineable like BTC, and the process is the same as its origin. Nonetheless, it has a maximum supply of 21 million coins. There is still a small percentage of this coin out there, which is almost equal to 5% of its max supply.

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Is Bitcoin Cash reliable

Since it is a fork of Bitcoin, it uses the same protocols. Therefore, the network is as reliable as Bitcoin. Bitcoin Cash uses a Proof-of-Work security mechanism, which protects this platform from attackers. However, you should keep your private information safe to prevent any problems regarding hacks or other cyber-attacks on your account. Use a safe exchange like Blocktrade and hold your coins in a secure wallet. If you want to buy BCH and keep it as a long-term investment, we recommend you choose a hardware wallet.

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After you've bought BCH

BCH is a transactional coin, which means it can be used to purchase goods, as payment, exchange, or anything you use the money for. Therefore, BCH is somehow equal to your cash, but in your e-wallet. Furthermore, Bitcoin Cash supports smart contracts. Hence, people can use BCH to create smart contracts on this network.

Like other cryptocurrencies, BCH can be used as an investment. In the past, BCH has shown that it could be a profitable investment for its holders. However, nothing is guaranteed for the future. If you want to keep BCH as an investment, it is recommended to check different things, read its white paper, check the news about the cryptocurrency world, or follow top investors on social media to know their opinion. In the end, remember that anything might affect the future of crypto. Therefore, check new regulations and BCH price of the day to have a better perspective on the future of this coin.

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Buy Bitcoin Cash
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Buy, sell, and trade Bitcoin Cash
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Other Methods of buying Bitcoin Cash

Where can I buy Bitcoin Cash

If there is any crypto ATM near you, it is possible to buy some coins with these machines and you should check to see whether it sells Bitcoin Cash or not. However, the process is not as simple as it seems. Furthermore, the ATM rates are somehow more than other methods.

Direct Purchase
You can buy Bitcoin Cash directly from another person over the web.

Crypto Exchanges are the safest places for buying Bitcoin Cash. You can use Blocktrade as a cheap, secure, and global exchange to buy BCH. You don’t need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase BCH with a few clicks.

How to sell Bitcoin Cash

Sell on Blocktrade

Sign up and verify your Blocktrade account

You’ll need a username, email address and a strong password to sign up on Blocktrade. Then, you'll be guided to verify your account.

Deposit BCH to your Blocktrade account

To sell Bitcoin Cash on Blocktrade, generate a deposit address and transfer the desired amount - just as simple as sending it to any Bitcoin Cash address.

Start selling Bitcoin Cash!

Once you deposited your Bitcoin Cash in your Blocktrade deposit address, you’ll be able to sell your BCH.


Frequently asked questions

The main difference between Bitcoin and Bitcoin Cash is the maximum block size. Bitcoin Cash has a larger block size than Bitcoin. It also supports smart contracts, which is not possible on Bitcoin.

No one can tell you if a coin will be profitable in the future. It depends on many considerations. However, since Bitcoin Cash is a fork of Bitcoin, and even has better performance, it will probably be more usable in the future. Therefore, as long as cryptocurrency exists, Bitcoin Cash will be there.

The cost of buying Bitcoin Cash can vary depending on where, how, and when you purchase it. Typically, the price is determined by supply and demand in the cryptocurrency market. The price can also be influenced by market sentiment and news about the cryptocurrency. To find the current price of BCH, you can either log in to our website and see the real-time price or check our Bitcoin Cash Calculator to see the price of Bitcoin Cash in your desired currency.

Many exchanges support Bitcoin Cash and let you purchase via debit or master card. One of them is BlockTrade, an exchange regulated in the EU that accepts many coins. You can do trading without any fee on this exchange. Thus, it will be the cheapest exchange you can find to buy BCH.

There are several options to buy BCH such as cryptocurrency exchanges, Peer-to-peer marketplaces, Bitcoin Cash brokers, etc. However, cryptocurrency exchanges are among the most popular ways to buy Bitcoin Cash for beginners. You can easily buy Bitcoin Cash without any buying fees from our exchange.

Bitcoin Cash was created by a group of Bitcoin developers. Since Bitcoin had gained more popularity and the network fees were rising, some of the Bitcoin developers decided to make an upgrade to this network to make bigger transactions possible with less fee and higher speed. The result was Bitcoin Cash.

There is no right time to buy Bitcoin Cash, as the price is highly volatile and can fluctuate rapidly. Some experts believe that the best time to buy is when the price is low and predicted to rise, while others believe in buying and holding for the long term.
It is always recommended to do your own research, understand the risks, and have a clear investment strategy before buying Bitcoin Cash or any other cryptocurrency.

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