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What is BCH?

Bitcoin Cash is an alternative to Bitcoin that aims to fix the main issues that Bitcoin suffers from by changing how the blockchain behaves. The biggest changes are that Bitcoin Cash has a faster block time and larger blocks. That means transactions go through faster and cheaper than they would on the Bitcoin network.

When demand is high, Bitcoin Cash transactions can become slow due to the relatively small size of each block and the fact that each block takes about 10 minutes to complete. This could translate into a long wait time of hours or even days for a transaction to go through. It can also result in a much higher transaction fee to move your transaction to the front of the line.

However, with Bitcoin Cash’s faster block times and larger block sizes, fees are consistently low, and transactions generally take minutes to finalize.

BTC and BCH are not interchangeable and are completely different cryptocurrencies with their own blockchains. The maximum supply of Bitcoin Cash is 21 million, identical to that of BTC. Additionally, Bitcoin Cash has its own blockchain and is, therefore, a coin rather than a token.

Why buy BCH with OKX?

Buy/Sell BCH in a few steps — Simple
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What can I do after I buy BCH?

Bitcoin Cash is an alternative cryptocurrency to other assets and could be a good choice, depending on your investment goals. With its low fees and fast block times, Bitcoin Cash is an efficient and affordable means of moving cryptocurrency between exchanges and wallets, or even for direct purchases.

Several DeFi platforms support Bitcoin Cash, allowing holders to earn interest or take loans out on their Bitcoin Cash deposits. The OKX Earn platform allows users to earn interest on Bitcoin Cash deposits.

Bitcoin Cash’s native coin, BCH, may increase in value over time as cryptocurrency adoption continues to grow and evolve. Bitcoin Cash has a strong and dedicated following. Many businesses also accept Bitcoin Cash as a form of payment due to its low transaction fees and fast block times.

With hundreds of transaction pairs, a user-friendly website and app, and low fees, OKX is the ideal place to buy, trade and sell Bitcoin Cash.

How to buy Cryptocurrency and store it safely?

Guide on how to buy Bitcoin Cash (BCH)

Buy Bitcoin Cash with VISA, MasterCard, and ApplePay

Buy Bitcoin Cash with your VISA, MasterCard, or ApplePay credit cards on OKX. Simply enter the amount of Bitcoin Cash you wish to purchase in your preferred currency and complete payment using your desired credit card.

Buy Bitcoin Cash using your bank account

Instantly buy USDT, USDC, BTC, or ETH by sending money from your bank account. Once the transaction is complete, visit our trading terminal and buy Bitcoin Cash with any of our highly liquid Bitcoin Cash pairs.

Buy Bitcoin Cash with spot trading

With OKX, you can easily buy Bitcoin Cash with our USDT, USDC, BTC, or ETH spot trading pairs. Navigate to our OKX trading terminal, select your preferred Bitcoin Cash trading pair, and input the Bitcoin Cash amount you wish to purchase to confirm your Bitcoin Cash purchase.

Swap Bitcoin Cash with OKX Convert

If you hold BTC, OKB, MATIC, SOL, or any other 100+ supported assets on OKX Convert, you can easily swap it for Bitcoin Cash at zero costs. Choose "Convert" from the "Trade" menu on our website. In the Convert window, select the cryptocurrencies you wish to swap and input the swap amount to finalize the exchange.

FAQs

Is Bitcoin Cash the same thing as Bitcoin?
No, they are two completely separate blockchains that have their own cryptocurrencies.
Can I send Bitcoin Cash to a Bitcoin wallet?
No. You will need a Bitcoin Cash address or wallet. Funds could be permanently lost if BCH is sent to a BTC address or wallet.
Do I need ETH or another cryptocurrency to pay BCH transaction fees when I withdraw from OKX or another wallet?
No. Bitcoin Cash is its own blockchain and doesn't require any other assets to pay for transaction fees.
Do BTC and BCH usually have the same price?
Typically, BCH is more affordable and has a lower per-coin price than BTC.
Can I buy NFTs using Bitcoin Cash?
Not directly. Bitcoin Cash isn't a smart contract platform like Ethereum is, so it doesn't have NFTs on its blockchain. To buy NFTs, you would need to trade or sell your BCH first for an asset like ETH.
What is the cheapest way to buy Bitcoin Cash?
If you already own other cryptocurrencies, the cheapest way to get Bitcoin Cash would be to trade your other crypto assets for Bitcoin Cash. While buying Bitcoin Cash with a credit card is the most convenient option, it does come with additional fees.
What are the most popular cryptocurrencies to invest in today?
Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).
However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.
What are the top cryptocurrencies I can buy on OKX now?
OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.