How to buy Bitcoin
Cash (BCH)

With hundreds of transaction pairs, a user-friendly website and app, and low fees — OKX is the ideal place to buy, trade and handle BCH and hundreds of other popular crypto assets. OKX supports buying BCH via credit card, bank transfer, and crypto swap.

How to buy Bitcoin Cash (BCH)

WHAT IS BITCOIN CASH (BCH)?

Bitcoin Cash is an alternative to Bitcoin that aims to fix the main issues that Bitcoin suffers from by making changes to 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.

How to buy Bitcoin Cash on OKX

Buy BCH with a credit card
How to buy BCH with a credit card
  • Log in to OKX.com or install the OKX app
  • Create an account and verify your ID
  • Add your credit card information in the app or website
  • Select Bitcoin Cash as the asset you want to buy
  • Select your credit card as the payment method
  • Click or tap on Buy
Buy BCH with bank transfer
Buy BCH with a bank transfer
  • Log in to OKX.com or the OKX app
  • Add a bank account to your profile
  • Choose the amount you would like to deposit and press submit
  • Once the deposit clears, you can purchase BCH immediately
Trade BCH
Start trading BCH
  • Log in to OKX.com or the OKX app
  • Deposit any cryptocurrency that is supported by OKX, such as LTC, ETH or SOL
  • Using the trading tab, choose BCH and the cryptocurrency or token you want to swap into BCH
  • Verify the amounts and then click or tap on trade

Why buy Bitcoin Cash?

When demand is high, BTC 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 waiting for hours or even days for a transaction to go through — or paying a much higher transaction fee to move your transaction to the front of the line. With Bitcoin Cash’s faster block times and larger block sizes, fees are consistently low and transactions generally never take more than a couple minutes to finalize.

BTC and BCH are not interchangeable, they are completely different cryptocurrencies with their own blockchains. The maximum supply of BCH is the same as BTC — i.e., 21 million coins. BCH has its own blockchain and is therefore a coin rather than a token.

 

Why buy Bitcoin Cash (BCH)?

BCH 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 making purchases directly. Sending $100 worth of value using the Bitcoin or Ethereum networks could cost from a few dollars to $10 or more during busy periods. Sending that same amount of value using the Bitcoin Cash blockchain would only cost a few cents.

A growing number of DeFi platforms support BCH, allowing holders to earn interest or take loans out on their BCH deposits. The OKX Earn platform allows users to earn interest on BCH 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. A growing number of businesses also accept BCH as a form of payment thanks to its low transaction fees and fast block times.

Lastly, Bitcoin Cash has demonstrated its staying power. The project first went live back in 2017 and is still going strong. The primary Bitcoin Cash Reddit forum, for example, has 862,000 subscribers, as of the time of writing.

TRADE OR BUY BITCOIN CASH ON THE GO

OKX is a robust, full-featured BCH and cryptocurrency exchange for your mobile device or PC. Users can buy, sell and trade hundreds of cryptocurrency pairs on the go.

  • View real-time cryptocurrency prices
  • Buy and sell BCH, BTC, ETH, XRP, OKB and other digital assets with ease
  • Get live price-change alerts for cryptocurrencies you follow
  • Check BCH spot, futures and options prices
  • Compare cryptocurrency prices across exchanges
Scan to download OKX app
Scan to download
Trade or buy bitcoin cash on OKX app

Why buy Bitcoin Cash on OKX?

OKX is fast, straightforward and secure. The service was built from the ground up to support the latest generation of digital assets like BCH. OKX is also one of the very small number of cryptocurrency platforms that allows users to buy BCH directly with a credit card or a bank transfer. Once you have BCH in your OKX account, you can also choose to earn more BCH through the OKX Earn feature.

Why buy bitcoin on OKX

What can I do after I buy Bitcoin Cash?

Most Bitcoin Cash investors follow a strategy to either increase or safely store their BCH. One common technique is to do dollar-cost averaging. This means buying small amounts of BCH regularly, such as once a week or once a month. Even if the price varies during this time, making multiple small purchases instead of one large one decreases your risk of buying when BCH prices go too high — or missing out when prices offer an ideal buying opportunity.

Thanks to its low fees and fast transaction times, Bitcoin Cash is also a popular choice for moving cryptocurrency and making payments. Fees for the Bitcoin Cash network tend to only be a few cents compared to other chains, which can have fees in excess of $10 during peak periods.

Finally, BCH can be used directly to pay for goods and services. According to cryptwerk.com, around 3,000 online shops and businesses accept BCH payments. Of particular note is a large number of cloud hosting and VPN providers that accept BCH.

FAQs

Is Bitcoin Cash the same thing as Bitcoin?

No, they are two completely separate blockchains that have their own cryptocurrencies. While their names may sound similar, they are as different from each other as Bitcoin is to Litecoin.

Can I send BCH to a Bitcoin wallet?

No. You will need a Bitcoin Cash address or wallet. If BCH is sent to a BTC address or wallet, funds could be permanently lost.

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 than BTC. The creators of Bitcoin Cash intended for BCH to be more like cash as opposed to digital gold. Fans of BCH appreciate its lower per-coin price than BTC typically has.

Can I buy NFTs using BCH?

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 BCH?

If you already own other cryptocurrencies, the cheapest way to get BCH would be to trade your other crypto assets for BCH. While buying BCH with a credit card is the most convenient option, it does come with higher fees.

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