How to buy BCH

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2 years ago

Why should you buy Bitcoin Cash?

The Bitcoin Cash network offers extremely cheap transaction fees (less than $0.01 per transaction) and transfers settle almost instantly (in less than 3 seconds). The Bitcoin Cash network can process over one hundred transactions per second, while the Bitcoin network can only process three to seven. Investors are buying Bitcoin Cash because they strongly believe that the demand for fast, borderless, and cheap digital transactions will increase globally. This would result in the value of Bitcoin Cash increasing too. You can learn more about the Bitcoin Cash value proposition on WhyBitcoinCash.com.

BCH.games is a very good example of how BCH is superior for buying goods and services online. We are an online casino and Bitcoin Cash allows our players to receive their deposits and withdrawals instantly. With transactions fees being extremely low, winners can keep most of their profit when cashing out.

Non-custodial wallets are the safest option to store you BCH.

What are the best wallet to store your Bitcoin Cash?

Before buying BCH, you will need a wallet to store it. It’s important for you to own the private keys of your wallet (not your keys, not your BCH!). You should seek options that are non-custodial (also known as self-custodial). This way, you can claim full ownership of your coins and no third-party can interfere with your Bitcoin Cash. You can learn more about the importance of non-custodial wallets here and here. To enjoy instant deposits and withdrawals, your wallet should also support 0-conf transactions.

For software wallets, we recommend using the Bitcoin.com app. For hardware wallets, we recommend using a Ledger Nano X.

You can buy BCH directly from other people all around the world.

How to buy Bitcoin Cash from another person?

The preferred way to buy BCH is to exchange it directly with another person (peer-to-peer). By doing so, you can remain anonymous (your messages are end-to-end-encrypted), avoid geographic restrictions, and sidestep the need for slow middlemen. The process is safe (using a non-custodial escrow system) and fast (most trades take ten minutes or less). On top of that, you can use over forty methods to buy Bitcoin Cash this way, including bank transfer, PayPal, and many more.

We recommend using LocalCryptos.com to buy BCH locally.

There is already a Bitcoin Cash ATM near you.

How to buy Bitcoin Cash from a physical ATM?

Just like you can use traditional ATMs to withdraw cash, you can also use Bitcoin Cash ATMs to buy BCH. Most Bitcoin Cash ATMs will also let you sell your BCH and withdraw cash in your local currency. You should be aware that some ATM providers might require some of your personal documents above certain transaction amounts. You will usually find those in shops, bars, and malls. It’s very convenient, but fees are usually higher than with other methods (the ATM provider and the shop owner each take their fair cut).

To find a Bitcoin Cash ATM near you, please visit coinatmradar.com.

When buying BCH off an exchange, only trust the big ones like Binance.

How to buy BCH on a cryptocurrency exchange?

Exchanges are regulated businesses that let you trade cryptocurrencies, often allowing higher volumes than peer-to-peer trading and ATMs. It is by far the best solution for beginners, as most provide easy-to-use sites and apps that greatly simplify the process of buying Bitcoin Cash. When using exchanges, you are trusting a third party. You must be aware that this trust comes with risks. Several exchanges have already went into bankruptcy, leading their users to great financial losses. Note that, as with any regulated business, they are required to comply with financial laws and they will ask for your personal information (usually ID and proof of address).

If you buy BCH on an exchange, we recommend you go with the biggest platforms to mitigate your risk. Binance.com (founded in 2017) and Coinbase.com (founded in 2012) are two solid options.

PayPal took the green pill and decided to offer Bitcoin Cash trading.

How to buy Bitcoin Cash with PayPal?

On the 7th of June 2022, PayPal acknowledged the importance of BCH in the future of online payments. Since then, you can purchase purchase Bitcoin Cash directly from your PayPal account. That feature is currently limited to a selected number of US users, but it might be extended globally in years to come. If you are not based in the US and still want to buy Bitcoin Cash using PayPal, some alternative sites exist, but they come with higher fees.

To buy Bitcoin Cash with PayPal, we recommend you use the PayPal site and app if you are US based. Alternatively you can get BCH using your PayPal balance via sites like magnatus.com (beware the high commission).

How to buy BCH with credit card?

If you are looking for the most straightforward BCH buying experience using your VISA or Mastercard, some exchanges have made it their life mission to simplify the buying process as much as possible. Just enter the amount you want, fill in your credit card details (or select Apple Pay or Google pay with a single tap) and that’s it: the Bitcoin Cash is already coming your way. Most will not ask for personal information until you reach a certain amount, you will just need to verify an email address. Those simple exchanges also let you buy Bitcoin Cash using bank transfers.

To buy Bitcoin Cash in three taps with your credit card, we recommend using moonpay.com and bitcoin.com.

It’s easy to diversify your cryptocurrency portfolio with Bitcoin Cash.

How to buy BCH using Bitcoin or any other cryptocurrency?

If you already own some cryptocurrencies and want to swap them for Bitcoin Cash, you can do so using most big exchanges, but it might come with a long processing time. If you want fast and easy coin swaps, there is one exchange that stands out from the crowd. It does not require any registration, making the whole process extremely simple. On top of that, their rates are quite competitive, they will not require any of your personal information, and their reviews are great.

To swap your cryptocurrencies to Bitcoin Cash, we highly recommend you use Sideshift.ai. We liked it so much that we incorporated it into BCH.games.

Thousands of merchants are already accepting BCH worlwide.

Where can you spend Bitcoin Cash?

Since its creation, the whole purpose of BCH has been to create the ultimate digital cash for the world. Bitcoin Cash adoption is continuing to grow globally. It’s so simple and efficient that more and more online and offline merchants are accepting Bitcoin Cash as a means of payment. From a simple coffee to gold or a luxurious tropical house, you can now buy pretty much anything with BCH. Booking your flight tickets, your hotel stays, or even getting 15% off the whole amazon.com website can all be done using BCH.

Another prime use-case for Bitcoin Cash is gambling. Players love its instantaneous and almost free transactions. Satoshidice.com (founded in 2012) is the first ever and most legendary cryptocurrency casino and is now fully powered by Bitcoin Cash.

BCH.games offers a free Bitcoin Cash faucet claimable every five minutes.

Bitcoin Cash is still relatively young, but it’s definitely here to stay. If you want to experiment with the power of global digital peer-to-peer cash first hand, let us gift you some BCH today.

Visit BCH.games now and receive 200 free Bitcoin Cash Satoshis. With this tip, you can start playing a lot of fun games and meet our awesome community. And who knows, if you get lucky, you’ll be able to make it rain in the chat and have all the players go crazy! Good luck!

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