How to Buy Bitcoin Cash (BCH)

Price of Bitcoin Cash (24h)$267.18 price-24h-img

-9.05%

Interested in buying Bitcoin Cash (BCH) or exploring other cryptocurrencies? This is the right place for you! CryptoGem offers safe and easy ways to let you buy Bitcoin Cash (BCH) instantly wherever you are! Check out all the ways you can buy BCH on CryptoGem.

Buy Bitcoin Cash (BCH) on CryptoGem in Four Simple Steps

Create Your Free CryptoGem Account

Sign up on CryptoGem with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your CryptoGem account.

Buy Bitcoin Cash (BCH)

Use a variety of payment options to buy Bitcoin Cash on CryptoGem. We'll show you how.

Choose How You Want to Buy Bitcoin Cash on CryptoGem

Buying cryptocurrencies is easy and intuitive on CryptoGem. Let's explore the different ways of buying Bitcoin Cash (BCH).

Buy Bitcoin Cash (BCH) with a Credit or Debit Card

This is the easiest way for new users to purchase (BCH). Link your credit or debit card to your account, enter the purchase amount, then wait for the transaction to be completed.

How to Buy Crypto With Credit Debit Card Web

Buy Bitcoin Cash (BCH) via Bank Transfer

Depending on the region you are in, bank transfers are also a safe and convenient way to buy Bitcoin Cash. You can purchase BCH once the funds arrive in your account.

Buy Bitcoin Cash (BCH) with crypto on the CryptoGem Spot Market

With support for 700+ digital assets, the CryptoGem spot market is the most popular place to buy Bitcoin Cash (BCH). Here's how to buy:

1. Buy stablecoins such as USDT on CryptoGem using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to CryptoGem. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a CryptoGem Trading Account. Find your desired Bitcoin Cash (BCH) trading pairs in the CryptoGem spot market. Place an order to exchange your existing crypto for Bitcoin Cash (BCH).

Tip: CryptoGem offers a variety of order types to buy Bitcoin Cash (BCH) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on CryptoGem, click here.

3. As soon as your order is successfully executed, you will be able to see your available Bitcoin Cash (BCH) in your Trading Account.

Get Your First Bitcoin Cash (BCH) with CryptoGem

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How to Store Bitcoin Cash (BCH)

The best way to store Bitcoin Cash (BCH) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Bitcoin Cash (BCH).

Store Bitcoin Cash in Your CryptoGem Account

Holding your crypto in your CryptoGem account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. CryptoGem serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Bitcoin Cash in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Bitcoin Cash (BCH) to a non-custodial wallet. Storing Bitcoin Cash (BCH) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Bitcoin Cash (BCH) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Bitcoin Cash (BCH).

What Can You Do with Bitcoin Cash (BCH) on CryptoGem?

Hold

Store your Bitcoin Cash (BCH) in your CryptoGem account.

Trade

Trade Bitcoin Cash (BCH) in the spot and futures markets.

Earn

Earn passive income by staking or lending Bitcoin Cash (BCH).

Why Is CryptoGem the Best Platform to Buy Bitcoin Cash (BCH)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. CryptoGem was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, CryptoGem delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

CryptoGem supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Bitcoin Cash and trade it against various digital assets on CryptoGem.

Intuitive Interface

Buying Bitcoin Cash (BCH) on CryptoGem is quick and easy, thanks to our intuitive interface and powerful technology. Obtain BCH in an instant when you buy on CryptoGem.

FAQ

Is Bitcoin Cash (BCH) a Good Investment?

Among the largest cryptocurrencies by market cap, Bitcoin Cash could be considered a good investment, especially if you want to diversify your portfolio. Since it trades at a far lower price than Bitcoin and Ethereum, it is an exciting asset with relatively lower risk and barrier of entry.

As a fast and efficient electronic cash system, Bitcoin Cash could see rising adoption by mainstream businesses as the world becomes more crypto-friendly. Such an event could cause the Bitcoin Cash price to head higher and make it even more valuable as an asset to hold.

The BCH price statistics could also benefit from a bullish mood in the crypto market. Whenever the price of Bitcoin or Ethereum rises, investor confidence is boosted, and more traders enter the market, looking for attractive altcoins to invest in, including BCH.

The Bitcoin Cash price could rally higher as its ecosystem of dApps grows in the future. With the SmartBCH sidechain offering smart contract functionality, the on-chain activity could rise if more developers create applications on the Bitcoin Cash network, further driving up the BCH value.

What is the Difference Between Bitcoin (BTC) and Bitcoin Cash (BCH)?

Although Bitcoin Cash emerged after a hard fork from Bitcoin and shares many similarities, there are critical differences between these two cryptocurrencies. Let’s take a look at some of them here:

Block Size

The Bitcoin blockchain has a smaller block size of 1MB than Bitcoin Cash which has a maximum block size of 32MB. The larger block size makes Bitcoin Cash transactions faster and cheaper, making it more suited for commercial and mainstream applications as a payment method than BTC.

Price

The BCH price is far lower than that of BTC. As a result, it is a more affordable crypto asset to invest in and hold, especially for smaller retail investors. The lower Bitcoin Cash price also makes it more accessible for use by more consumers and businesses for payments.

Primary Use Case

While Satoshi Nakamoto originally envisioned Bitcoin as a convenient way to make online transactions, its steep price makes the crypto king more important as a store of value today among Bitcoin holders. In contrast, Bitcoin Cash’s price makes it more practical and affordable for use as a decentralized peer-to-peer digital currency.

How to Mine Bitcoin Cash

Here’s how you can mine Bitcoin Cash (BCH):

Invest in Mining Equipment

Like Bitcoin, Bitcoin Cash uses the SHA-256 algorithm, which means you can use Bitcoin’s Proof-of-Work (PoW) mining equipment to mine BCH. Visit the official website to learn more about recommended Bitcoin Cash mining hardware.

Download Mining Software

Perform online research to find the best software to help you mine Bitcoin Cash. Install the ideal choice on your ASIC miner.

Configure Your Mining Set Up

Connect your miner to the pool servers to generate your hashrate and revenue.

Register for a Wallet That Supports Bitcoin Cash

Start an account with a digital wallet that can store your Bitcoin Cash crypto securely. Obtain your wallet address and enter it into the mining software so the BCH you mine can be transferred and stored safely.

Start Mining Bitcoin Cash

Get started with your mining activity to contribute your computing resources to validate transactions and generate some BCH.

Cloud Mining

You can also start mining Bitcoin Cash cost-effectively through CryptoGem’s Cloud Mining option. CryptoGem Pool allows you to access our mining resources via the cloud, contribute your efforts to mine BCH, and increase the crypto asset’s value.

How to Send Bitcoin Cash (BCH) to PayPal

One of the most significant advantages of Bitcoin Cash over several of its peers is the high level of mainstream acceptance. One example is Bitcoin Cash being among the few cryptocurrencies supported by online payments leader PayPal.

Here’s how you can add Bitcoin Cash to your PayPal account:

1. Buy Bitcoin Cash crypto via your CryptoGem account or any other cryptocurrency exchange that has listed this asset.

2. Log into your PayPal account, head to the crypto section, and select Bitcoin Cash.

3. Select the “Transfers” option and choose Receive to generate your unique wallet address.

4. Withdraw your BCH holdings from CryptoGem by transferring them to this wallet address.

Bitcoin Cash (BCH) Price Analysis

Live Price

The live price of BCH is 253.5 USD, representing an increase of 10.12% in the past 7 days and -9.05% decrease in the past 24 hours.

Historical Trends

The all-time high of BCH was 4,355.62 USD on 12-20, 2017, from which the coin is now down -94.18%.
The all-time low of BCH was 75.07 USD, from which the coin is now up 70.38%.

ATL$ 75.07

ATH$ 4,355.62

How to Buy Other Crypto Assets

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Disclaimer

Given the nature of the crypto market, the price of Bitcoin Cash (BCH) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and CryptoGem is not responsible for any losses you may incur when you buy crypto on its platform. 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 is provided to you solely for informational purposes and is not warranted by CryptoGem.