Buy Bitcoin Cash
in Israel

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.

According to Israeli tax law, capital gains on cryptocurrency investments must be reported as
part of an individual’s annual income tax return. In order to do so, you should calculate your
cryptocurrency gains by subtracting your cost basis (the price you paid for the cryptocurrency)
from the sale price. Also note to keep accurate records of all your cryptocurrency transactions,

including the date of the transaction, the type of cryptocurrency, the purchase and sale price,
and any relevant fees. Then, file your cryptocurrency gains on your annual income tax return.
Please keep in mind that it’s always a good idea to consult a tax professional for guidance on
reporting cryptocurrency tax in Israel, especially if you have a complex investment portfolio or if
you have questions about how to calculate your gains or report your transactions.

Yes, you can cash out your cryptocurrency assets in Israel. You can sell your cryptocurrency on
our digital asset exchange and receive payment in Euros. You can then transfer the funds to
your bank account or use them to make other purchases.
It’s important to note that cashing out your cryptocurrency assets may trigger a capital gains tax
liability, so you should familiarize yourself with the tax implications of cryptocurrency
transactions in Israel and consult with a tax professional if necessary.

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 exact number of people who own cryptocurrency assets in Israel is not publicly available.
However, according to some reports, it is estimated that around 3.5% of Israeli adults hold some
form of cryptocurrency or digital assets. The popularity of cryptocurrency in Israel has grown in
recent years, and more and more individuals are investing in digital assets as an alternative
investment option. However, there is still room for growth in the future.

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.