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Bitcoin Cash
with Debit Card
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- Works with Debit Card and other payment methods
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- No fees on buying BCH and 30+ cryptocurrecies
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Buy and trade Bitcoin Cash with
Debit Card on Blocktrade
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We offer a wide range of cryptocurrencies to buy
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How to buy Bitcoin Cash with Debit Card
Why investors buy Bitcoin Cash with Debit Card
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Is BCH a good investment?
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Who can buy Bitcoin Cash with Debit Card
Anyone with a bank account can own a debit card and anyone with a verified debit card and an account on our exchange can enjoy our Debit Card payment service to buy cryptocurrencies. Offering cryptocurrency purchase services using debit cards means more flexible financing for our exchange users.
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.
How to buy BCH with Debit Card instantly?
The transactions paid through the Debit Card payment service are instantaneous, as Debit Card is directly linked to your cash-funded bank account. For that reason, depositing funds and withdrawing money from our exchange also happen instantly when using a debit card payment service as the funds are immediately deducted from your account.
Where can I buy BCH online with a Debit Card?
In order to offer more payment options for users to purchase cryptocurrencies simpler, our exchange provides Debit Card as a form of electronic payment service. To use debit card payment on our exchange, you must first log into your account on Blocktrade.com. After doing so, select the digital coin or the crypto token you want to purchase, enter the quantity of cryptocurrency you need to buy, and then choose to charge your account balance using a debit card. Your transaction will take place straight away.
Is BCH 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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FAQ
Frequently asked questions
Most investors still prefer BTC over BCH because Bitcoin is more popular and known by people. Furthermore, for people who want to spend their coins, more markets are accepting BTC. Therefore, most people might think that buying Bitcoin is better than Bitcoin Cash. However, if you want to keep your coins as an investment, it is better to compare the price and news about both to find out which one to invest in.
In a nutshell, we could name these advantages of Debit Card: No debt, No application or minimum credit score needed, Less fees, Identity theft protection, Fast withdraw verification
You can use Bitcoin Cash as payment for purchasing goods, even buying coffee. You can trade it with other coins or use it to create smart contracts.
Debit cards generally have no additional fees. But note, if you make a transfer from a terminal whose issuing bank is not your debit card bank, some transaction fees may be deducted from your card account. Or if you withdraw or spend an amount from this card that exceeds its balance, you will also have to pay a fee. But there are zero exchange fees for your crypto-trading through 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.
The bank may agree to the transaction in accordance with the conditions of your account or the policies of your debit card network, but it may also charge an overdraft fee for that transaction and any subsequent ones, up until you make a sufficient deposit.