Bitcoin Cash (BCH) is a popular cryptocurrency that offers faster transactions and lower fees compared to Bitcoin. Whether you're a beginner or an experienced trader, this guide will walk you through the best ways to buy Bitcoin Cash, top platforms, fees, and security tips.
Where to Buy Bitcoin Cash
1. Cryptocurrency Exchanges
Exchanges are the easiest and most user-friendly option for buying Bitcoin Cash. They support multiple payment methods and provide a straightforward interface.
Top Exchanges for Bitcoin Cash:
- OKX 👉 Buy Bitcoin Cash securely
- Binance
- Coinbase
- Kraken
2. Trading Platforms
Advanced traders may prefer trading platforms for lower fees, but these interfaces are complex and require experience.
Recommended Trading Platforms:
- eToro
- Bitfinex
- KuCoin
3. Crypto ATMs
Bitcoin Cash ATMs are available in select locations but often charge high fees (8–15%). Use CoinATMRadar to find nearby ATMs.
4. Crypto Debit Cards
Some platforms like Crypto.com or Blockchain.com offer cards that let you spend Bitcoin Cash like traditional currency.
Step-by-Step Guide to Buying Bitcoin Cash
Step 1: Choose a Platform
Select an exchange or trading platform based on fees, security, and ease of use.
Step 2: Sign Up & Verify
- Create an account.
- Complete KYC (identity verification).
Step 3: Deposit Funds
Use bank transfer (low fees) or credit/debit card (instant but higher fees).
Step 4: Buy Bitcoin Cash
Navigate to the BCH trading pair (e.g., BCH/USD) and place your order.
Step 5: Secure Your BCH
Transfer your Bitcoin Cash to a hardware wallet (e.g., Ledger, Trezor) for maximum security.
Fees & Cost-Saving Tips
- Avoid credit cards: Bank transfers typically have 0% deposit fees.
- Compare exchange fees: Ranges from 0.05% (Binance) to 3.9% (Coinbase).
- Watch for ATM markups: Some ATMs charge over 20%.
👉 Compare fees across exchanges
Best Bitcoin Cash Wallets
| Type | Examples | Security Level |
|------------|--------------------|----------------|
| Hardware | Ledger Nano X | High (Cold) |
| Mobile | Trust Wallet | Medium (Hot) |
| Desktop | Exodus | Medium (Hot) |
Pro Tip: Store most of your BCH in cold storage and only keep small amounts in hot wallets for daily use.
Bitcoin Cash Performance & Investment Potential
Bitcoin Cash peaked in late 2017 but remains a viable altcoin. Its low fees make it practical for transactions, though it hasn’t matched Bitcoin’s growth.
FAQs
1. Is Bitcoin Cash a good investment?
It depends on your goals. BCH is useful for fast transactions but has underperformed Bitcoin in price growth.
2. Can I buy Bitcoin Cash anonymously?
Most exchanges require KYC. ATMs or decentralized platforms (e.g., Bisq) offer more privacy.
3. How long does a Bitcoin Cash transaction take?
BCH transactions typically confirm in 10–20 minutes, much faster than Bitcoin.
👉 Start buying Bitcoin Cash today
Final Tip: Always research and diversify your crypto portfolio. Bitcoin Cash is just one option among many in the evolving cryptocurrency market.