How to Buy Bitcoin Cash Crypto (BCH)

What is Bitcoin Cash (BCH)?

According to Coingecko, Bitcoin Cash is : Bitcoin Cash is a hard fork of <a href="https://www.coingecko.com/en/coins/bitcoin">Bitcoin</a> with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin. Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original <a href="https://www.coingecko.com/en/coins/bitcoin/developer#panel">Bitcoin Core software</a>. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience. Why was Bitcoin Cash Created? The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions. Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today. Nov 16th 2018: A hashwar resulted in a split between <a href="https://www.coingecko.com/en/coins/bitcoin-cash-sv">Bitcoin SV</a> and <a href="https://www.coingecko.com/en/coins/bitcoin-cash-abc">Bitcoin ABC</a>

Where can I buy BCH Crypto?

The best website to buy Bitcoin Cash is Simpleswap.

With Simpleswap you can buy almost every reputable token without needing to register or providing proof of identity. The process is incredibly simple and quick.

How to Buy Bitcoin Cash on Simpleswap

To buy Bitcoin Cash on Simpleswap, first you need to click here to access the Simpleswap App. Now, click the "Buy Crypto" tab, select your fiat currency, and then select BCH, just like in this example:

Once you selected the currency you want to pay in, and BCH, you need to paste your respective wallet address where you want to receive your BCH.

With Simpleswap, you'll receive your Bitcoin Cash directly on your on-chain wallet without need to deposit and withdraw like in every other exchange.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in your wallet.

Please make sure you read our Disclaimer. We are not financial advisors.