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Bitcoin Cash (BCH)Guide

How to Buy Bitcoin Cash (BCH): The Best Exchanges to Use

Bitcoin Cash is one of the most famous cryptocurrencies. It is a fork of Bitcoin, which means it was created out of Bitcoin. Many people consider it superior to Bitcoin in terms of its use as a currency because of its faster transactions and lower fees.

BCH is currently used for payments on thousands of platforms worldwide, and it is also used as a speculative asset for investors. The cryptocurrency was first created in 2017 after the then Bitcoin developers couldn’t agree on how the network should work.

Since then, BCH has been running as a separate network and has support from some of the Bitcoin developers at the time. Some improvements made to BCH that Bitcoin lacks are a larger block size, which impacts the speed and general performance of the network.

If you are looking to buy BCH for investing or any other use, you’ll do well to choose your crypto exchange wisely. The following are the best exchanges you can use for this purpose.

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Binance

Binance lets anyone with any level of crypto experience to easily buy BCH or any other crypto asset. It has grown over the years to become the biggest exchange by trading volume, and its user base continues to grow.

The reason for Binance’s popularity includes low fees and ease of use, as well as high security. The platform also boasts of the proof-of-reserve, a feature that assures users of the safety of their crypto deposits.

You can access the exchange on the web or as a mobile app on both Android and iOS devices, giving you easy access to buy and trade BCH and hundreds of other crypto assets.

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Coinbase

Coinbase is a crypto exchange most popular among beginners because of its simple user interface that allows anyone you navigate and buy or trade assets. Although it has suffered a few attacks, Coinbase is also one of the most secure crypto exchanges out there.

Being a global exchange, it is accessible from several countries world wide, except where local regulation forbids its operations. Coinbase is also accessible both on the web and as a mobile app for easy access.

You’ll find hundreds of other crypto assets from several blockchains also on the exchange. The fees are however significantly higher than for most platforms.

Kraken

Kraken is known as the most secure crypto exchange since it has never been breached since its launch in 2011. The platform is accessible on the web and also as a mobile app for Android and iOS devices.

The platform is a global one, so you can use it to buy and trade assets from any part of the world where its operations are permitted. Kraken is also known for its staking services which it offers on its pro platform.

Although the platform offers advanced tools for experienced traders, it is also perfectly usable by beginners with any level of experience using crypto exchanges.

Crypto.com

Crypto.com is an easy platform to use for buying BCH or any other crypto assets. It is also a highly regulated exchange with certificates from several countries, which has made it a popular choice for those seeking a regulated platform to use.

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Like the other exchanges, you can access it on the web or install the mobile app on your device and proceed to buy BCH. You can use the exchange from most countries except for a few that forbid the use of crypto.

Bybit

Bybit is a popular crypto exchange with support in several countries. Based in Dubai, the exchange has a strong presence in the middle east. It is also an easy platform to use, and is known for its low fees. 

Bybit supports over 700 crypto assets, which gives you several options for swapping or trading the BCH you buy. The exchange also has a mobile app which you can use on both Android and iOS devices in addition to the web.


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Alexander Grayson

Alexander Grayson is a seasoned crypto trader with over a decade of experience in the industry. He has a reputation for his analytical approach to trading and his ability to anticipate shifts in the crypto landscape.

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