How to purchase BCH?
Bitcoin CashBitcoin Cash definition
Bitcoin Cash “BCH” is a cryptocurrency resulting from a hard fork and a split in the Bitcoin Cash blockchain in August 2017. Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin Cash as “Peer-to-Peer Electronic Cash”. Merchants and users are empowered with low fees and reliable confirmations.
Hereunder some of the most trusted sources on how to buy Bitcoin Cash “BCH”.
Get a Bitcoin Cash wallet
At first, you’ll need to get a Bitcoin Cash wallet. There are two types of Bitcoin Cash wallets, Software wallets and Hardware wallets.
- Ledger Nano X and Trezor Model T are one of the most secure hardware wallets in the market.
- Atomic Wallet and GreenAddress are popular for software wallets.
- Blockchain.com is also a well-known web-based and mobile wallet.
Open an account on an exchange
After getting your wallet, you can choose between a Centralized exchange or Decentralized exchange to buy, sell, or trade Bitcoin Cash.
- Binance, Coinbase, and Huobi are one of the biggest centralized exchanges around the world.
- Nash and Switcheo are one of the top and most popular decentralized exchanges in the market.
Choose a payment method
Besides using a cryptocurrency exchange, you can choose between any of the following payment methods available to purchase Bitcoin Cash.
Buy Bitcoin Cash with Credit or Debit Card
Changelly and CEX.IO are one of the most trusted options to trade fiat currencies for Bitcoin Cash and other cryptocurrencies.
Buy Bitcoin Cash with PayPal
LocalBitcoins and Paxful are one of the popular sites for PayPal purchases.
Buy Bitcoin Cash with Wire transfer
CEX.IO, Coinbase, and LocalBitcoins are one of the most reputable exchanges that have wire transfer as an option to purchase Bitcoin Cash and other cryptocurrencies.
Buy Bitcoin Cash with ATM near me
Bitcoin Cash ATMs don’t need much information and they are one the fastest methods to purchase Bitcoin Cash, but they charge a bit high fees.
Coinatmradar helps you to know if you have a Bitcoin Cash ATM in your area.
Withdraw Bitcoin Cash to your wallet
Once you finish buying Bitcoin Cash, it’s always better to move your coins to your personal wallet. This way you are the only one in control of your funds, and consider using a Hardware wallet like Ledger Nano X or Trezor Model T to store Bitcoin Cash is definitely a great choice for maximum security.
