How to Buy Bitcoin Cash

Launched in 2017, Bitcoin Cash (BCH) is a newer cryptocurrency that intends to offer an alternative to the world’s oldest and most widely traded cryptocurrency, Bitcoin (BTC).

Bitcoin Cash was created when users elected to run an alternative version of the software with features that were no longer compatible with Bitcoin. This effectively split Bitcoin into two seperate blockchains (Bitcoin and Bitcoin Cash) and two separate assets (BTC and BCH).

At the time of the fork, everyone who owned BTC was awarded Bitcoin BCH.

So, if you missed out on the launch (or are simply seeking to diversify your portfolio), you’ve come to the right place. We’ve put together this guide to quickly (and easily!) walk you through how to buy bitcoin cash for the very first time.

Why buy BCH?

Proponents of Bitcoin Cash believe that by lowering transaction costs, the cryptocurrency can gain market share in a wider variety of consumer finance and payments use cases.

Users of BCH may find their transactions are approved more quickly, with lower fees. However, users should note the costs of operating a node and storing the full version of the Bitcoin Cash transaction history may be higher.

Where to keep your Bitcoin Cash?

Once you’re done buying BCH, you should look for a way to secure it. The best way to do this is with a wallet. A wallet is a device or software application that stores your crypto but also allows you to spend it.

Mobile and web-based wallets make frequent transactions easy. Hardware wallets are best suited for secure, long-term storage. When you’re choosing a crypto wallet, think of what you plan to do with your tokens. What you choose is up to you, and it will depend on your individual preferences regarding security vs. ease of use.

Start buying BCH

If you’re ready to take the next step and want to buy some BCH, click the button below!

Buy BCH