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Buy Bitcoin Cash

Interested in learning how to buy Bitcoin Cash cryptocurrency but not sure where to begin? This guide simplifies the process, helping you find the safest way to buy BCH in 2024.

The top Bitcoin alternative is already listed with all the best altcoin exchanges, thanks to its popularity and sizeable daily trade volumes. To help you identify the best place to buy BCH, our team of analysts has vetted tens of these platforms. Eventually, we settled on four top exchanges for Bitcoin Cash investors, which we discuss below.

The guide will also cover everything you need to know before investing in Bitcoin Cash. We will also provide you with a step-by-step guide to buying your first Bitcoin Cash.

How to Buy Bitcoin Cash (BCH) – 4 Simple Steps

Here is a quick guide to buying Bitcoin Cash right now via eToro – a highly reputable and SEC-regulated crypto brokerage. The platform supports fractional investing and you only need $10 to invest in Bitcoin Cash. The crypto buying process here is also quick and straightforward.

  • Step 1: Open an account with a crypto exchange – Start by opening the official eToro.US website and creating a free crypto trader account. The process is easy and the broker will only ask for your basic personal information.
  • Step 2: Deposit funds – To start buying Bitcoin Cash on eToro, you need to deposit at least $10. The good thing is that this broker supports all the popular payment processors, from PayPal to cards and even bank transfer.
  • Step 3: Search for Bitcoin Cash – Type the word Bitcoin Cash or BCH on the search bar on the eToro home page. Click the “Trade” button that pops up to kick off the investing process.
  • Step 4: Buy BCH coins – You will be directed to a trading tab. Use it to customize this investment and execute the buy Bitcoin cash order.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

We will elaborate this crypto investing process further below in this guide. We will also discuss whether Bitcoin Cash is worth buying right now and look at its past price action. Right now, though, we need to learn where to buy BCH – one of the best cryptos to invest in other than Bitcoin.

Where to Buy Bitcoin Cash – Best BCH Exchanges Reviewed

We considered a number of factors when vetting the best crypto exchanges for beginners investing in Bitcoin Cash. These include their ease of use and mobile friendliness. We also assessed their reputation, trading fees, safety, customer support, liquidity, crypto investing methods, and passive income opportunities. Ultimately, we settled on the top crypto trading platforms that we discussed below.

1. eToro – The Overall Best Crypto Exchange for Beginners

eToro tops our list of the best places to buy Bitcoin Cash in 2024 because of its user-friendliness. This is evidenced by its quick and straightforward client onboarding process. It then extends to its highly intuitive and easily navigable trading interface. eToro then integrates multiple beginner-friendly crypto trading tools and resources.

Buy Bitcoin Cash on eToro

The tools include an extensive educational resource on its website. This teaches you how to invest in cryptos like Bitcoin Cash and how to secure your private keys. You also have access to a free demo account for practice trading – with $10,000 in virtual funds. Further, eToro gives you access to the copy trader passive investing tool. This lets both beginners make money by copying the trade settings of professional traders.

You would also want to buy Bitcoin Cash on eToro because of its transparent and competitive fees. Here, the crypto trading fee is fixed at 1% of the trade volume. Additionally, eToro is a safe crypto exchange. It provides all its platform users with free digital wallets. The first, an exchange-based wallet, holds 90% of client funds offline. The second is an equally secure mobile wallet app – the eToro Money.

eToro Wallet

Other factors making eToro the best place to buy Bitcoin Cash include its support for multiple payment methods. We also appreciated its deep liquidity and fast transaction processing speeds. Not forgetting that it is a multi-platform brokerage, available on the web and on the move via its crypto trading mobile app.

Pros:
  • eToro insures client deposits – up to $250,000 in the US and EUR/AAUD 1 Million in Europe and Australia
  • eToro is a multi-asset trading platform
  • It has a decent crypto library
  • Full regulated crypto trading platform
Cons:
  • Speedy customer support tools are only available to eToro Club subscribers

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

2. KuCoin – The Best Crypto Exchange for Low Fees and Large Crypto Library

When buying Bitcoin Cash on KuCoin, you will pay a highly competitive and volume-based maker/taker fee. This ranges between 0.1% and -0.05%. You will also qualify for a 20% discount if you settle this fee using KCS coins. You only need $2 to start buying top cryptos like Bitcoin Cash on KuCoin. Further, the exchange doesn’t charge a deposit or withdrawal fee.

Buy Bitcoin Cash on Kuckoin

You would also want to buy Bitcoin Cash on KuCoin because it is deeply liquid. Plus, it integrates an extensive crypto library – more than 700 digital assets. Here, you will interact with a variety of assets – from the most promising cryptos like Bitcoin Cash to the best DeFi coins. In addition to fiat trades, you also get to interact with such crypto derivatives as futures and options.

KuCoin is also the best place to buy cryptos like Bitcoin Cash because it is safe. It has put in place multiple security measures around trading accounts. It also provides you with free digital wallets. Their exchange-based holds more than 90%+ of your funds offline. They also provides a safe mobile wallet app for iOS and Android devices – the Halo Wallet.

Other factors making KuCoin the best include the fact that it integrates multiple passive investing tools. It also lets crypto traders automate their trades using trading bots or the dollar cost-averaging strategy. You are even exposed to the KuCoin Launchpad. Here, you get to invest in new cryptos and the next 100x coins before they explode.

Pros:
  • Margin trade spot and crypto derivatives
  • KuCoin operates one of the best crypto trading mobile apps
  • You can also invest in crypto NFTs on the KuCoin exchange
  • Buy cryptos fee-free on KuCoin peer-to-peer trading platform
Cons:
  • Less popular crypto pairs on KuCoin suffer low liquidity

3. Binance – Best Place to Buy Bitcoin Cash for Deep Liquidity and Safety

Binance is the best place to buy Bitcoin Cash because it is deeply liquid. In 2023, for instance, it accounted for more than 40% of all crypto spot trades. Much of this is made possible by its integration of an extensive crypto library. In addition to Bitcoin Cash, you can buy 400+ of not just the hottest cryptos but also the most undervalued coins.

Binance Crypto Exchange

Binance is also one of the safest crypto trading platforms. For starters, it has set up a $1 Billion insurance fund for reimbursing client accounts in case of a breach that results in loss of funds. Further, it provides users with two free digital wallets. First is the exchange-based wallet, which holds 90%+ of client assets offline. If you seek self-custody services, use the Binance-affiliated Trust Wallet.

The crypto exchange also presents you with multiple ways of buying cryptos. You can, for instance, buy spot cryptos on Binance. You can also trade BCH derivatives – futures and options – on the platform. Further, you can also margin-trade crypto spot and derivatives with leverages of up to 10x and 125x, respectively.

The exchange is also a good place to buy the next cryptos to explode, like Bitcoin Cash, because it is cost-friendly. When buying BCH here, you will only pay a volume-based maker/taker fee of between 0.1% and 0.012%. And if you pay with BNB coins, you receive a 25% fee discount. Plus, you can start buying cryptos on Binance with as little as $1.

Pros:
  • Buy cryptos fee-free on the integrated peer-to-peer trading platform
  • Binance integrates an NFT marketplace
  • It integrates many passive investing programs
  • Binance has a highly responsive support team
Cons:
  • Binance isn’t regulated in Some countries

4. Crypto.com – The Best Crypto Exchange for Passive Investing

Staking is the top passive investing program on Crypto.com, but it also exposes you to several others. These include crypto lending, CRO Lockup, and supercharger events. Here, you stand to earn as much as 16% per annum for staked cryptos. In addition to these, the Crypto.com DeFi wallet exposes you to thousands of highly lucrative DeFi programs.

Buy Bitcoin on Crypto.com

In addition to passive investing, Crypto.com has a large crypto library and is decently liquid. At the time of writing, for example, you can interact with 350+ of the best cryptos to buy in the US on Crypto.com. You only need $2 to start trading. Plus, Crypto.com supports all the popular payment options – from PayPal to Apple/Google Pay.

Crypto.com then charges highly competitive trading fees. When buying Bitcoin Cash on the platform, you will charged a maker/taker fee of between 0% and 0.075%. You also qualify for a 12% fee discount on taker fees if you have staked CRO coins. The reputable exchange charges no other fee except the withdrawal fee for outbound crypto transfers.

Several other factors informed our decision to feature Crypto.com as one of the best places to buy Bitcoin Cash. These include its support for margined crypto spot and derivative trades. It also integrates multiple bots – that appeal to active traders. It is also safe and provides users with free digital wallets.

Pros:
  • Crypto.com has a highly responsive customer support team
  • It is a multi-platform exchange with an easy-to-use crypto trading mobile app
  • Crypto.com is deeply liquid and processes transactions speedily
  • Earn 5% cash back rewards when using the Crypto.com card
Cons:
  • Some coins and services aren’t available to US residents

What is Bitcoin Cash BCH (BCH)?

Bitcoin Cash is one of the most popular and, by far, the most successful Bitcoin hard fork. Forked out of Bitcoin in 2017, it seeks to serve as a store of value and medium of exchange tokens. In coming up with Bitcoin Cash, its developers hoped to provide an inexpensive and faster alternative to Bitcoin. It essentially sought to solve the scalability and speed challenges facing the Bitcoin blockchain.

There are several similarities and differences between Bitcoin and Bitcoin Cash. For instance, both have a maximum supply of 21 million coins. They can also be used as a medium of exchange and store of value. On the other hand, the size of blocks on Bitcoin Cash is larger than on Bitcoin – at 32 MB and 1 MB, respectively. Additionally, while Bitcoin processes 7 transactions per second, Bitcoin cash can process up to 100 transactions.

By increasing block size and transaction processing speeds, Bitcoin Cash solved the delays and high fees associated with Bitcoin. It hoped to leverage these to edge out Bitcoin as the preferred medium of exchange. However, subsequent hard forks to Bitcoin Cash – Bitcoin ABC and Bitcoin SV – damaged user confidence in BCH. This explains why its adoption, use, and price have stagnated since 2018.

Is Bitcoin Cash (BCH) a Good Investment?

Cryptos have outperformed all other asset classes in the last decade. At its peak, for example, BCH’s ROI exceeded 1000% – which makes it a great addition to any crypto portfolio. But what makes it worth buying today? We look at the top six reasons below:

  • It has real world use cases: Bitcoin Cash is worth buying because it has two real world use cases. For starters, it can be used as a medium of exchange to pay for goods and services. It may also be used as a store of value – used to hedge your capital against inflation.
  • Currently undervalued: Bitcoin Cash is also worth buying right now because it is grossly undervalued. Much of this value loss may be attributed to the extended 2022/2023 bear market. As the market heads to recovery, Bitcoin Cash price will surely rebound.
  • Solid fundamentals: Bitcoin Cash has solid fundamentals. It has a fixed supply, it has faster transaction processing speeds, low transaction speeds, and even supports smart contracts. These speak volumes about its sustainability.
  • Resilient long term investment: Bitcoin has also proved its resilience. It has survived two hard forks and multiple bear markets. We expect Bitcoin Cash to continue performing well, making it one of the best long term cryptos to buy.
  • Bitcoin Cash is deeply liquid: You will also want to invest in Bitcoin Cash because it is accessible and deeply liquid. It is already listed among all the popular crypto exchanges and has recorded high daily trade volumes.
  • Global acceptance and adoption: Bitcoin Cash’s smart contract capabilities and speedy transactions give it an edge over Bitcoin. We expect it to gain favor with developers and brands in the foreseeable future. This would trigger faster adoption and increased demand, which would trigger a monumental value gain.

Bitcoin Cash (BCH) Past Price Action

When Bitcoin Cash started trading in August 2017, it had an introductory price of $412. This was at the base of the 2017/2018 crypto market rally. As soon as the market started rallying in the last quarter of that year, Bitcoin Cash’s price appreciated by more than 1000%. This helped the coin set the current all-time high of $4,355 on 20th December that year.

Further upward gains were limited by a number of factors. First was the crypto market crash and the resulting price correction for all coins. Secondly, Bitcoin Cash underwent its own hard fork in November 2018, which birthed Bitcoin ABC and Bitcoin SV. The move led to the loss of user confidence in the future of Bitcoin Cash, leading to further price dips for BCH.

Bitcoin Cash Price Chart

By December 2018, Bitcoin Cash price had dipped below $100 – its lowest price on record to date. It would continue performing dismally throughout 2019 and 2020. Heading into 2021, the top altcoin was trading around $300. By the time Bitcoin was peaking in May, BCH only rallied by 500% to break slightly above $1500.

When the market crashed again in 2022, Bitcoin Cash prices plummeted. By December of that year, it was trading around $100. It only started rallying again in the first quarter of 2024. The gain was in reaction to the approval of Bitcoin ETFs and in anticipation of own and Bitcoin halving events. At the time of writing, BCH sells more than 88% below its 2017 highs.

Bitcoin Cash (BCH) Price Prediction

The crypto community is overwhelmingly confident that Bitcoin Cash will rebound. This conviction is informed by the coin’s proof of resilience and obedience to market trends. It also has a large community of followers and influencers. Their consistent backing has helped BCH maintain the overall uptrending price action.

But just how high can Bitcoin Cash price jump during the highly anticipated 2024/2025 crypto market bull run? Well, experts and forecasters share contradicting views of what they believe BCH will be worth at the end of 2024 and 2025. It would interest you to note that they are all positive. This is why BCH is worth adding to your crypto portfolio.

  • Bitcoin Cash price prediction 2024: The CoinPriceForecast is mildly optimistic about Bitcoin Cash’s future price. It forecasts it will end the year trading around $868. Both LongForecast and DigitaCoinPrice are, on the other hand, a tad optimistic. They expect BCH to rally by 200% and break above $1000.
  • Bitcoin Cash price prediction 2025: Given its dismal past price action, most forecasters aren’t too optimistic about Bitcoin Cash’s future price. Forecasting algorithms at LongForeast, for example, place the BCH value in December 2025 at around $100. DigitalCoinPrice, on the other hand, expects it to reach $1300.

Don’t Miss: Bitcoin Cash (BCH) Price Prediction 2024 – 2040

Ways of Buying Bitcoin Cash (BCH) Today

Different trading platforms have come up with multiple methods of buying cryptos. Here, we discuss the most popular ways of buying Bitcoin Cash and other cryptos on top crypto exchanges.

Buy Bitcoin Cash with PayPal and eWallets

There are four primary ways of buying Bitcoin Cash. First, you can buy Bitcoin Cash directly on the PayPal website. You can also buy Bitcoin Cash instantly with PayPal on top exchanges. Some trading platforms will also let you fund their accounts with PayPal and use that balance to buy Bitcoin Cash. Lastly, you can buy Bitcoin Cash fee-free on peer-to-peer trading platforms integrated into top exchanges.

One of the upsides of buying Bitcoin Cash with PayPal is that deposit processing is instant. It also charges relatively low deposit processing fees. Further, exchanges like eToro do not charge a deposit processing fee. On the flipside, PayPal has relatively low daily transaction limits.

Buy Bitcoin Cash with Credit Cards and Debit Cards

You can also buy Bitcoin Cash with credit cards and debit cards on all the best crypto trading platforms. Cards, like PayPal and eWallets, process deposits to exchanges fast. This explains why most exchanges let you buy cryptos instantly with cards on their platform. You can also buy cryptos fee-free with cards on peer-to-peer trading platforms of leading crypto exchanges.

Buy Bitcoin Cash with a Bank Transfer

Virtually all crypto trading platforms support bank deposits. Banks are preferred because exchanges have higher deposit limits for bank transfers. However, they aren’t fast in processing payments. Therefore, you can’t buy cryptos instantly with banks on most exchanges. Additionally, banks charge high deposit processing fees.

How to Buy Bitcoin Cash – Details Tutorial

In this section, we elaborate on the process of buying Bitcoin Cash and all the hottest cryptos at eToro. As we mentioned earlier on, this process is quick and straightforward, taking only a few minutes.

Step 1: Open a Crypto Trading Account

Open an eToro Account

Open the official eToro.com website on your browser or download the eToro mobile trading app. Hit the “Join Now” icon on either platform and complete the user registration form that appears. Here, you will need to provide basic personal information. The exchange will also ask about your trading experience and income sources. You will then have to come up with a username and password for this account.

Step 2: Verify your Identity

The trader registration process on eToro is only complete after you have verified your identity. Simply send eToro a photo of your government-issued identification document. This may be your national ID, passport, or driver’s license.

Step 3: Deposit Funds

Deposit funds on eToro Exchange

Log in to eToro, and on your user dashboard, hit the “Deposit Funds” icon. A funding tab will pop up indicating all the payment options available to you – based on your country of residence. Click on one and follow the prompts to deposit at least $10.

Step 4: Search for Bitcoin Cash

Once the payment is reflected in your account, hit the “Discover” icon on your user dashboard. A window showing all the financial instruments available on eToro will pop up.Β  Choose Cryptos. From the list of supported digital asses that pops up, find Bitcoin Cash.

Step 5: Buy Bitcoin Cash

Buy Bitcoin Cash on eToro

Hit the “BUY” option against Bitcoin Cash to bring the trading tab. Use this tab to customize the trade by indicating how much you intend to invest in Bitcoin Cash. Hit the “Open Trade” button to execute this investment.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

Note: The BCH coins you just purchased will be deposited into the eToro web wallet. To transfer these coins to a third-party wallet or exchange, you first need to set up the eToro Money wallet app.

How to Sell Bitcoin Cash 2024

The process of selling cryptos like Bitcoin Cash is equally quick and straightforward. Here is a step-by-step guide for selling cryptos on eToro:

  • Step 1: Log back into the eToro trading account.
  • Step 2: Hit the “Portfolio” icon on your user dashboard to reveal all your open crypto trades.
  • Step 3: Find “Bitcoin Cash” and choose the “Close” trade option.
  • Step 4: Indicate whether you want to sell a portion of the asset or the entire position and hit “close” to execute.

Note: The cash equivalent of the BCH coins you just sold will be immediately deposited into your account. You may use them to buy some of the best future cryptos or simply withdraw them.

Bottom Line: Where to Buy Bitcoin Cash (BCH)

Bitcoin Cash is widely popular and has high daily trade volumes. These characteristics helped it list with all the best crypto exchanges around. In the above post, we have introduced you to the best places to buy BCH coins. We have also told you why it is worth buying and looked at its future price predictions. We even went over the similarities and differences between Bitcoin Cash and Bitcoin.

Do you want to start investing in Bitcoin Cash right now? Follow the step-by-step guide to buying cryptos on eToro that we have outlined above. It is easy and you only need $10 to get started.

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eToro Exchange

  • Free Copy Trading of Professional Traders
  • Best Place to Buy BCH
  • Minimum Deposit only $10
  • Best Beginner exchange
  • Open to US & Worldwide
9.9

5 Stars

Cryptoassets are a highly volatile unregulated investment product.

References:

  1. https://help.etoro.com/en-us/s/article/how-does-etoro-protect-my-funds-and-holdings-US
  2. https://help.etoro.com/s/article/What-insurance-protects-my-funds-on-eToro?language=en_GB
  3. https://cointelegraph.com/news/binance-spot-trading-market-share-falls-40-percent-2023
  4. https://www.binance.com/en/blog/community/topping-up-safu-to-$1b-8460049926432191856
  5. https://www.coindesk.com/markets/2018/11/15/bitcoin-cash-just-split-into-two-blockchains/
  6. https://coinmarketcap.com/currencies/bitcoin-cash-abc/
  7. https://www.bloomberg.com/news/articles/2024-04-03/bitcoin-cash-undergoes-halving-in-prelude-to-larger-blockchain-s-change
  8. https://www.reuters.com/markets/currencies/crypto-fans-count-down-bitcoins-halving-2024-04-19/

FAQs

Where can I buy Bitcoin Cash?

Bitcoin Cash is listed by all the best crypto exchanges around. However, we recommend buying BCH on eToro because the platform is easy to use, deeply liquid, and safe.

You may consider investing in Bitcoin Cash because it is resilient. It is also obedient to market trends ad has solid fundamentals. All these say that it is a sustainable project and a good long term investment.

You get to decide how to invest in any crypto. We. Nevertheless, recommend that this decision be informed by such considerations as risk tolerance and disposable income. You must also consider your investing goals and understanding of the said crypto.

Yes, you can buy Bitcoin Cash directly on the PayPal website. Other coins that you can buy here are Bitcoin, Litecoin, Ethereum, and PayPal USD.

Bitcoin Cash started rebounding in early 2024. With the next bull run so close, we are confident it will continue rising throughout the market cycle.

It is highly likely that Bitcoin Cash will rebound and break above $1000. However, no one can tell with utmost certainty whether it will get here in 2024, 2025, or long after that.