Bitcoin Cash (BCH) is the bitcoin-ecosystem related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 17 based on market capitalization on CoinMarketCap, with a market capitalization of 10310769361 recorded at the time of writing. BCH has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Bitcoin Cash. They wish to invest or purchase Bitcoin Cash (BCH), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Bitcoin Cash. Regardless of your location, Bitrue can provide you with a simple and secure way to buy BCH.
Where and how to buy Bitcoin Cash
When it comes to purchasing Bitcoin Cash (BCH), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Bitcoin Cash in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased BCH will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Bitcoin Cash (BCH) through Bitrue.
Alternative methods to acquire Bitcoin Cash
Apart from directly buying Bitcoin Cash (BCH), what are the alternative methods to acquire Bitcoin Cash ?
Fixed Auto-Investment in BCH
Regularly invest a fixed amount at scheduled intervals in Bitcoin Cash (BCH) digital assets, enjoying both short-term returns and long-term benefits.
Staking BCH
Flexible staking of Bitcoin Cash (BCH) digital assets to earn interest or high returns in other cryptocurrencies.
POW Mining
Bitcoin Cash miners choose mining rigs or cloud mining with high GPU and CPU configurations, configure mining software, select mining pools, and start mining to earn BCH rewards.
Get Bitcoin Cash (BCH) for free
If you have enough time, you can obtain Bitcoin Cash for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free Bitcoin Cash (BCH).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Bitcoin Cash.
- All cryptocurrency airdrops and rewards can be exchanged for BCH through coin-to-coin exchange or spot trading.
How to keep your Bitcoin Cash safe and secure
Once you have purchased Bitcoin Cash, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Bitcoin Cash and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Bitcoin Cash wallets, you also have the option to store Bitcoin Cash (BCH) separately in a personal encrypted wallet. This wallet serves to keep your Bitcoin Cash secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Bitcoin Cash, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Bitcoin Cash encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
What is Bitcoin Cash?
Bitcoin Cash (BCH) is a cryptocurrency . Users are able to generate BCH through the process of mining. Bitcoin Cash has a current supply of 19,003,237.5. The last known price of Bitcoin Cash is 300.82289813 USD and is up 8.06 over the last 24 hours. It is currently trading on 574 active market(s) with $3,588,330,583.54 traded over the last 24 hours. More information can be found at http://bch.info.
How many Bitcoin Cash are there in total?
The total supply of Bitcoin Cash is 19,795,806 and the Circulating Supply is 19,795,806 .
Why are people buying Bitcoin Cash?
People buy Bitcoin Cash for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Bitcoin Cash serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Bitcoin Cash include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy Bitcoin Cash?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase BCH.
Should I buy Bitcoin Cash?
Deciding whether to buy Bitcoin Cash depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Bitcoin Cash investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Bitcoin Cash (BCH) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy Bitcoin Cash?
Generally, buying Bitcoin Cash digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 BCH?
To purchase 10 BCH, the cost in USD would be $5413.6.
What are the fees for buying Bitcoin Cash?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Apple Pay to buy BCH?
Currently, Bitrue does not support purchasing BCH or adding fiat currency using Apple Pay.
How to use Google Pay to buy BCH?
Currently, Bitrue does not support purchasing BCH or adding fiat currency using Google Pay.
How to use Paypal to buy BCH?
Currently, Bitrue does not support purchasing BCH or adding fiat currency using Paypal.
What can I do with Bitcoin Cash?
You can use Bitcoin Cash to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.