Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Bitcoin Cash

A beginner’s guide to buying, selling and trading Bitcoin Cash in the US.

Promoted

Crypto.com App

Crypto.com App logo
  • Buy BCH and 50+ other cryptos
  • Pay by bank transfer, credit or debit card
  • Spend anytime with the CRO Visa card
Go to site

Bitcoin Cash, sometimes known as Bcash, was created in August, 2017 as a Bitcoin (BTC) hardfork. Bitcoin Cash (BCH) is similar to Bitcoin (BTC) in many ways, but a few technical differences make this coin stand out against BTC. Aside from this, Bitcoin Cash is often in the top 10 cryptocurrencies when it comes to the size of its market cap.

Disclaimer: This information is not financial advice or an endorsement of cryptocurrency or any specific provider, service or offering. Cryptocurrencies are highly volatile and high risk. Do your own research and seek financial advice before buying. Please check with providers if their services are available in your state.
Promoted

Quick guide: How to buy BCH

  1. Register for an account on an exchange like eToro
  2. Enable two factor authentication
  3. Choose your deposit method
  4. Enter your deposit amount and initiate the payment
  5. Once your account has been credited, go to the trading page
  6. Choose the cryptocurrency you want to buy
  7. Enter the amount you want to purchase
  8. Check the transaction details and confirm the purchase
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
Go to eToro's site

This is our quick guide to just one way to buy BCH. Compare some other options in the table below.

Where to buy Bitcoin Cash in the US

BCH is available on many popular cryptocurrency exchanges. To find the right fit, compare exchanges on deposit methods, fiat currency support and more.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
eToro USA LLC Cryptocurrency Trading
Wire transfer, Online banking
USD

18
cryptocurrencies

Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

Copy the trades of leading cryptocurrency investors on this unique social investment platform. Non-US residents can read our review of eToro's global site here.
Robinhood Cryptocurrency Exchange
Bank transfer, Cash, Debit card
USD

17
cryptocurrencies

Trade a handful of leading cryptocurrencies with this easy to use mobile app.
Coinbase Digital Currency Exchange
Bank transfer (ACH), Credit card, Debit card, Bank transfer (SEPA), Wire transfer
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN & 10+ more

50
cryptocurrencies

Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges.
Gemini Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, CAD, EUR, GBP, SGD, HKD

40
cryptocurrencies

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
Crypto.com App (US)
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

76
cryptocurrencies

Get 0% fees on credit/debit card purchases for 30 days after signup.
Buy 80+ cryptocurrencies, earn up to 8% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Webull Cryptocurrency Exchange
Bank transfer (ACH), Wire transfer
EUR, GBP, USD, CHF, JPY, CAD, HKD, INR, CNY, AUD

5
cryptocurrencies

Trade a handful of leading cryptocurrencies on this mobile app with as little as $1 per trade, plus access to stocks and ETFs.
FTX.US Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Wire transfer
USD, AUD, EUR, CAD, GBP, SGD

19
cryptocurrencies

Enjoy the local version of the FTX exchange which offers a range of leading cryptocurrencies, up to 10x leverage, access to global liquidity and benefits for FTT token holders.
KuCoin Cryptocurrency Exchange
Cryptocurrency, Interac e-Transfer, PayPal, Wire transfer, Credit or Debit Card
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

211
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
CEX.IO Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, SWIFT, SEPA, Faster Payments (FPS)
USD, EUR, GBP, RUB

22
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Use your USD, EUR or RUB to buy and sell cryptocurrency at competitive exchange rates and with high maximums for verified accounts.
Coinmama Cryptocurrency Marketplace
Bank transfer, Credit card, Debit card, SWIFT, SEPA
USD, EUR, AUD, CAD, GBP, JPY

10
cryptocurrencies

Founded in 2013, CoinMama lets you buy and sell popular cryptos with a range of payment options and quick delivery.
Revolut Cryptocurrency App
Revolut Cryptocurrency App
Bank transfer (ACH), Bank transfer (SEPA), SWIFT, Credit or Debit Card
USD, EUR, GBP, CAD, NZD, JPY, HKD, NOK, DKK & 9 more

21
cryptocurrencies

Buy and sell several popular cryptocurrencies through your Revolut account, set up recurring purchases and transfer it to other US users. You can’t transfer cryptocurrency to anyone who does not have an active Revolut account. Service not available in Tennessee.
Binance.US Cryptocurrency Exchange
Bank transfer (ACH), Bank transfer, Cryptocurrency, Debit card, Wire transfer
USD

49
cryptocurrencies

Get a US$15 bonus when you trade US$100 or more of any supported crypto. T&Cs apply.
Trade with USD on Binance.US, the American dollar onramp of the world’s largest cryptocurrency exchange. Non-US residents can read our review of Binance's main exchange here.
SatoshiTango Cryptocurrency Exchange
SatoshiTango Cryptocurrency Exchange
Bank transfer, Cash, Cryptocurrency, Bank transfer (SEPA)
ARS, USD, EUR

5
cryptocurrencies

SatoshiTango is an Argentina-based marketplace that allows you to easily buy, sell or trade Bitcoins.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

219
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Coinbase Pro
Bank transfer, Cryptocurrency, Debit card, PayPal, Wire transfer
USD, EUR, GBP

58
cryptocurrencies

Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
Bitstamp Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Credit or Debit Card, SEPA, Faster Payments (FPS)
USD, EUR

5
cryptocurrencies

A global cryptocurrency exchange that facilitates crypto to fiat transactions, where you can use EUR or USD to buy bitcoin and popular altcoins.
ShapeShift Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Banxa
-

50
cryptocurrencies

Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
Gate.io Cryptocurrency Exchange
Cryptocurrency
-

37
cryptocurrencies

CoinBene Cryptocurrency Exchange
CoinBene Cryptocurrency Exchange
Cryptocurrency
-

50
cryptocurrencies

loading

Compare up to 4 providers

A step-by-step guide to buying Bitcoin Cash

There are two ways to buy Bitcoin Cash:

If you’re a cryptocurrency novice, the quickest and simplest option is to buy Bitcoin Cash with USD. However, we’ve also provided step-by-step instructions on how to buy BCH with another digital currency if that’s your preferred option.

Buying Bitcoin Cash with USD

Here’s an example of how you can buy Bitcoin Cash with USD on Coinbase. Please note that there are several exchanges that list BCH in trading pairs and accept USD deposits, so compare a range of platforms before deciding where you’d like to buy.

Buying Bitcoin Cash with another cryptocurrency

Here’s an example of how to buy Bitcoin Cash with another cryptocurrency. Once again, Bitcoin Cash is listed on a huge range of crypto exchanges, so compare your options before deciding which platform you want to use.

How to sell Bitcoin Cash

If you want to sell your Bitcoin Cash, you have the option of exchanging it for either crypto or fiat currency. Once again, you’ll need to click through to the trading page on your chosen exchange, but this time you’ll need to make sure you enter your transaction details in the “Sell” rather than “Buy” field.

You should also be aware that BCH isn’t listed in the same extensive range of trading pairs as digital currencies like bitcoin and Ethereum, so you may not be able to directly trade your coins for the currency you want.

Which wallets can I use to hold Bitcoin Cash?

Once you’ve successfully purchased Bitcoin Cash you’ll need to find a safe place to store your coins. While you can keep BCH in your exchange wallet if you wish, the fact that you don’t control the keys for this wallet and exchanges are regularly targeted by hackers means that it’s not recommended.

Instead, choose a secure wallet that gives you full control over your crypto assets. There are myriad options available if you’re looking for a Bitcoin Cash wallet, including:

Check out our guide to some of the best Bitcoin Cash wallets.

How Bitcoin Cash works

Bitcoin is the world’s oldest and most widely recognized cryptocurrency, but as more and more people have started using the bitcoin network, scalability problems have reared their ugly head. With slow transaction times and high fees plaguing bitcoin, the community couldn’t agree on the best way to improve network scalability some wanted to increase the size of blocks in the blockchain, others wanted to restructure the way data was stored in existing blocks.

When consensus couldn’t be reached, Bitcoin Cash was created from a hard fork of bitcoin in August 2017. With an aim to offer a more practical version of peer-to-peer electronic cash, Bitcoin Cash increased bitcoin’s block size from 1MB to 8MB, and the network now supports blocks of up to 32MB. The Bitcoin Cash mining difficulty also varies depending on how many miners are active on the network.

The result of these changes are that Bitcoin Cash offers lower transaction fees and faster processing times than bitcoin features that BCH supporters believe make it a much better choice as a transactional currency.

Find out more about how Bitcoin Cash stacks up against bitcoin.

What to consider before you buy Bitcoin Cash

Buying cryptocurrencies is risky. Digital currencies are complicated and speculative assets, and there are multiple factors that can have an effect on the value of any coin or token. Make sure you research and understand the driving forces behind crypto price movements before making a purchase.

If you’re thinking of buying Bitcoin Cash, consider the following factors:

  • Supply. According to CoinMarketCap, at the time of writing (September 2018) the circulating supply of Bitcoin Cash was 17,332,900 BCH. The currency’s maximum supply is capped at 21,000,000.
  • Distribution. When the hard fork occurred, Bitcoin Cash coins were distributed to all bitcoin holders at a 1:1 ratio.
  • Bitcoin performance. Bitcoin’s price movements are known to have a direct effect on the cryptocurrency market as a whole. Add to this the many links between BTC and BCH and it becomes clear just how important it is to follow bitcoin’s performance if you’re thinking of buying BCH.
  • Dwindling usage. Data from blockchain research firm Chainalysis of payments received by 17 of the largest cryptocurrency merchant processing services worldwide revealed that Bitcoin Cash payments diminished by almost two thirds (-65%) between March and May 2018. However, it’s worth pointing out that bitcoin experienced an even larger usage drop (~85%) during the same period.
  • Concentrated ownership. The same study mentioned in the point above also revealed that more than half (56%) of all Bitcoin Cash is controlled by just 67 digital wallets not located on exchanges.
  • Capabilities. During stress tests conducted in September 2018, Bitcoin Cash showed it was capable of handling up to 25,000 transactions per block. This equates to around 40 transactions per second (tps), which is well above bitcoin’s maximum capacity of around 7.
  • So many bitcoins. Bitcoin Cash is one of several bitcoin forks to include bitcoin in its name, with others including Bitcoin Diamond and Bitcoin Gold. Forked coins are viewed with skepticism by many crypto enthusiasts, while there’s also the risk that the sheer number of bitcoin variants available confuses and reduces the number of potential buyers.
  • Competition. Even this mark of 40tps is well below some other cryptocurrencies. For example, XRP can handle 1,500tps and has consistently lower fees than BCH. So while Bitcoin Cash offers some clear benefits over bitcoin for use as an everyday transactional currency, it will also need to overcome fierce competition from other payment coins.

Compare ways to buy/sell Bitcoin Cash

Back to top

Frequently asked questions

Can I buy Bitcoin Cash with a credit card?

Yes, you can buy Bitcoin Cash with a credit card on platforms like Coinbase.

Where can I buy Bitcoin Cash using my bank account?

There are many crypto exchanges that list BCH and accept USD deposits from US bank accounts. Examples of sites you may like to consider include:

Use our comparison table to see a larger list of exchanges that support payment by bank account.

Can I buy Bitcoin Cash anonymously?

Yes. While most exchanges will require you to provide your personal details and proof of ID before trading, it is possible to buy Bitcoin Cash without ID verification. If privacy is important to you, you could consider trading BCH on a decentralized exchange that doesn’t require customers to provide any personal details before they start trading. Alternatively, you could consider a site like Bitfinex, which allows users to deposit, trade and withdraw cryptocurrencies (but not fiat currencies) without providing proof of ID.


Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Image: Shutterstock

Disclosure: At the time of writing the author holds ADA, ICX, IOTA and XLM.

More guides on Finder

Go to site