How To Buy Bitcoin Cash (BCH) With Credit & Debit Card Instantly

How to Buy Bitcoin Cash (BCH)

After a quick registration process, which doesn’t take more than a few minutes, you will be able to buy Bitcoin Cash (BCH) with a credit & debit card instantly in several different fiat currencies, including USD, EUR, and GBP.

What is Bitcoin Cash (BCH)?

Bitcoin Cash is a cryptocurrency that was created as a consequence of a Bitcoin hard fork in August 2017.

Bitcoin (BTC) was invented as a peer-to-peer cryptocurrency for daily transactions. As the Bitcoin network grew over the years, it became a store of value, instead of a currency.

The main issue standing in the way of bitcoin becoming an easy-to-use cryptocurrency was its very small block size of 1MB. While the popularity of the Bitcoin network was on the rise, it could not handle the increased number of transactions.Pending transactions queued up as time passed because the increased number of transactions could not fit into the 1MB blocks as quickly as they used to. Due to this limitation, Bitcoin could not become a widely adopted currency for regular, daily use.

The Bitcoin Cash (BCH) hard fork was introduced to solve the scalability problem of Bitcoin so that it could become a widely-adopted payment cryptocurrency. It has a significantly increased block size of 8MB and 32MB. While the average number of transactions per BTC block was between 1,000 and 1,500 back when Bitcoin Cash was introduced, the number of transactions on the BCH blockchain was over 25,000 per block.

Bitcoin Cash uses the same proof of work consensus mechanism as the original Bitcoin network. At the time of the Bitcoin Cash hard fork in 2017, any wallet holding Bitcoin received an equal amount of Bitcoin Cash, which makes the total supply of Bitcoin Cash equal to that of Bitcoin at 21 million.

Bitcoin Cash is also known as Bitcoin Cash ABC to distinguish it from its successor hard fork called Bitcoin Cash SV.

How to buy Bitcoin Cash with a credit card?

If you have a CEX.IO account and a credit card under your name, you can buy Bitcoin Cash instantly.

If you do not have a CEX.IO account yet, you can register one here.

Once your account is created and verified, you need to link your credit card to your CEX.IO account by clicking on the Cards button at the top of your CEX.IO account homepage.On the next page, you enter the number, the expiration date, and the CVV code on your card. Once you click on the Proceed button down below, your credit card will be linked to your account. CEX.IO accepts Visa and Mastercard credit cards.

Buy BCH instantly

Using the Instant Buy Service at CEX.IO, you can instantly buy crypto with a credit card. CEX.IO offers over 100 cryptocurrencies to its users. With CEX.IO you can buy Bitcoin with your credit card, or you can buy Ethereum.To buy Bitcoin Cash with your credit card, you just need to follow the simple steps below:

1. Click on the Spot Trading button on the top left corner of your homepage, next to the CEX.IO logo. In the dropdown menu that pops out, you need to click on the Instant Buy button under the For Everyone list.

2. Once you click on the Instant Buy button, the below page will open. The default choice is buying Bitcoin (BTC) with a credit card, but there is a dropdown menu for buying other cryptocurrencies like Bitcoin Cash (BCH).

3. Once you select BCH from the dropdown menu on the left, you will have the option to buy this cryptocurrency in three available fiat currencies, USD, EUR, and GBP, which are listed on the right dropdown menu.

4. The Instant Buy feature at CEX.IO allows you to quickly buy BCH from several predefined amounts that you can see in the screenshot below. If there is a different amount of BCH that you would like to purchase, you can click on the box titled Your Amount. Here you can either enter the amount of BCH you want to buy, or you can enter how much you want to buy in fiat currency.

5. Once you click on the Buy button, the below page will appear, which gives you the details about your purchase, along with the credit card fee you need to pay (2.99%). Your purchase will finalize after you click the Buy Now button.

Buying cryptocurrency via the Instant Buy function typically takes less than two minutes when you have a registered credit card in your CEX.IO account. With your credit card, you can also buy binance coin, buy Dogecoin, or sell Bitcoin.

How to buy Bitcoin Cash with a debit card?

If you do not have a credit card, you can alternatively buy BCH with your debit card, which is as easy as buying with a credit card. The majority of banks and other payment service companies support automatic funds conversion, so you can link a debit card issued in any fiat currency.

Please note that banks and payment service companies usually charge additional fees for instant currency conversion with your debit card.

Linking a debit card to your CEX.IO account requires the same steps as linking a credit card. Once you have linked your debit card to your CEX.IO account, you can go to Instant Buy and Buy crypto with a debit card instantly.

Where to get Bitcoin Cash crypto in the U.S.?

Although many popular cryptocurrency exchanges offer Bitcoin Cash for their U.S. customers, you should note that not all exchanges are regulated in the USA. CEX.IO is a regulated crypto trading platform registered with FinCEN in 48 states as Money Services Businesses (MSB). Considering that, CEX.IO is likely the best place to buy BCH online in the USA.

The best way to buy Bitcoin Cash

Today there are a myriad of different platforms to buy and sell cryptocurrency. You can buy and sell on cryptocurrency exchanges, you can buy peer-to-peer directly from other cryptocurrency users on the web, or you can also buy crypto from an ATM that offers crypto payments.

When you opt to buy cryptocurrency like Bitcoin Cash from a cryptocurrency exchange, there are several factors you need to consider:

Simplicity

A cryptocurrency exchange with a simple user interface can save new cryptocurrency traders a mountain of future headaches down the road, in addition to numerous hidden fees in their trades.

CEX.IO offers a very simple-to-use interface with all necessary menus and buttons being visible at a glance. Moreover, detailed guides and educational blog articles can help you master crypto like a pro.

Due to CEX.IO’s simplicity, you will quickly figure out ​​how to purchase Bitcoin Cash with USD when you register for a CEX.IO account in the U.S.

Supported fiat and cryptocurrencies

A rich list of available currency pairs allows cryptocurrency traders to optimize their trading and investing activities. CEX.IO supports over 100 cryptocurrencies, including BTC to USD. Check our live cryptocurrency prices!