This article discusses ways to purchase Bitcoin Cash using credit cards and other methods, as well as fees and security.
Quick facts about buying Bitcoin Cash
Most users want to quickly buy Bitcoin Cash (BCH) without significant scam-like fees. Let's look at platforms worth considering for the fast purchase of Bitcoin Cash using credit or debit cards.
Why Bitcoin Cash is better than Bitcoin?
Bitcoin Cash was created from a hard fork in 2017 when Bitcoin became too slow and expensive. Key differences include: - Transaction fees for Bitcoin Cash cost pennies versus dollars for Bitcoin. - Faster confirmation times. - Better suited for actual spending. - Current circulating supply reaches 19.6 million coins.
Step-by-step: How to buy Bitcoin Cash
The buying process may vary between platforms, but the basic steps are: 1. Choose a platform, compare fees. 2. Sign up, it takes a few minutes. 3. Add a payment method, enter card details. 4. Verify your account, upload ID for larger purchases. 5. Buy Bitcoin Cash by entering the amount in USD or other fiat currency. 6. Move to wallet, do not leave large amounts on exchanges.
When buying Bitcoin Cash, it's important to choose a platform with low fees and adjust your approach to trading or long-term holding accordingly.
