Buy Bitcoin Cash BCH

Purchasing Bitcoin Cash (BCH) and other cryptocurrencies is simple and straightforward online. You can buy and sell Bitcoin Cash (BCH) on various platforms, including crypto brokers and exchanges.

Investing in Bitcoin Cash (BCH) and other cryptocurrencies can be done in a few easy steps. Follow this guide to get started with crypto trading on platforms like Bitpanda and build your digital asset portfolio.

1. Choose the right platform to invest

• Start by selecting a suitable trading platform that supports Bitcoin Cash (BCH)

• Consider features such as security, data protection, and user-friendliness

• With the Bitpanda app from the Play Store or App Store, you can invest securely and conveniently on your mobile device

2. Create an account and get started

• Register with an email address and create a strong password

• Provide necessary personal details

• Accept the terms and conditions and privacy policy

• Begin the verification process

3. Confirm your identity

• Verify your identity to start trading Bitcoin Cash (BCH)

• Complete the online verification with a stable internet connection and a valid ID document

4. Deposit funds into your account

• Use the Bitpanda website or mobile app to deposit fiat money or other tradable assets into your account

• You can deposit via bank transfer, credit card, PayPal or Apple Pay

• There are also options to use EPS and SOFORT transfers, giropay, SEPA direct debits and other online payment services such as Skrill and NETELLER

5. Buy Bitcoin Cash (BCH) and invest in cryptocurrencies

• Once the funds are in your account, you can buy Bitcoin Cash (BCH) and other cryptocurrencies

• Simply select Bitcoin Cash (BCH) for purchase, choose a payment method, and confirm the transaction

If you are interested in investing in cryptocurrencies like Bitcoin Cash (BCH), Bitpanda offers a user-friendly and secure platform to get started.

Intuitive platform

Our platform features a user-friendly interface that makes buying Bitcoin Cash (BCH) simple for both beginners and experienced traders. With the Bitpanda app, you can conveniently trade cryptocurrencies and other assets on your smartphone.

Licenced and trustworthy

Bitpanda operates under strict regulatory guidelines and holds all necessary licenses for crypto brokers. Our business practices and holdings are regularly validated by external auditors. This ensures high security and transparency for every transaction.

Wide range of assets

At Bitpanda, you can invest in more than just cryptocurrencies. We offer over 3,000 different assets, including ETFs, CFDs, stocks, indices, and precious metals. Unlike other crypto exchanges, we guarantee stable prices based on the current market value.

Bitpanda wallet

Your Bitcoin Cash (BCH) and other cryptocurrencies are securely stored in the wallet of your Bitpanda account. You can transfer your digital assets to an external wallet at any time.

24/7 customer support

If you have any questions or encounter issues while trading Bitcoin Cash (BCH) or other assets, our customer support team is available 24/7 to assist.

Beginner-friendly products

Bitpanda offers products designed to help you start your crypto investment journey easily. With theBitpanda crypto indices, you can invest in a diversified portfolio of leading cryptocurrencies. TheBitpanda Savings plans allow for regular investments to build long-term wealth.

Forecasts predict a continuous increase in the Bitcoin Cash (BCH) price due to the growing acceptance and use of cryptocurrencies. Those who invest early could benefit from long-term price appreciation.

The value of Bitcoin Cash (BCH) can be affected by various factors, such as regulatory changes and global economic events. Therefore, it is essential to thoroughly research before investing. The following sections give an overview of the key events and factors impacting its price.

The past price trends of Bitcoin Cash (BCH) do not indicate future performance.

The debate over Bitcoin's scalability prompted a hard fork in August 2017, resulting in a new blockchain called Bitcoin Cash (BCH).

Bitcoin Cash increased the block size to eight megabytes to enhance transaction processing capacity. Supporters of Bitcoin Cash advocate for on-chain scaling solutions, like larger block sizes, while Bitcoin (BTC) proponents call for off-chain scaling and second-layer solutions such as the Lightning Network.

The price trend or price of Bitcoin Cash (BCH) is influenced by factors such as the ratio between market capitalisation and the circulating supply of coins. The maximum BCH supply is 21 million coins, meaning no additional BCH coins will be mined once the total supply is reached. This limitation helps ensure that the price of Bitcoin Cash is significantly determined by supply and demand.

The overall dynamics of the crypto market also influence the Bitcoin Cash price. As Bitcoin Cash emerged from a hard fork of Bitcoin, its development can also affect the BCH price.

Price history of Bitcoin Cash (BCH) price

Bitcoin Cash aims to function as an electronic peer-to-peer cash system by increasing blockchain capacity to enable more transactions per second. The price of Bitcoin Cash (BCH) is influenced by factors such as total supply, demand, and market capitalisation. Its peak price of 3,785.82 USD was recorded in December 2017, while it hit an all-time low of 76.93 USD in December 2018.

Major price milestones include:

• 2017: Released as a hard fork of Bitcoin

• December 2018: 76.93 USD / BCH (all-time low)

• December 2017: 3,785 USD / BCH (all-time high)

• February 2023: 141.85 USD / BCH (current price)

Bitcoin influencing the Bitcoin Cash (BCH) price

Bitcoin Cash emerged from disagreements within the Bitcoin community about Bitcoin's scalability. Bitcoin developer Satoshi Nakamoto limited Bitcoin's block size to one megabyte, significantly restricting it. This problem was solved by a hard fork that created Bitcoin Cash. In contrast to Bitcoin, BCH offers an increased block size, enabling faster transactions and higher scalability.

As Bitcoin Cash (BCH) is essentially an independent cryptocurrency, its price is not dependent on Bitcoin. However, Bitcoin remains the globally dominant cryptocurrency, so its price influences other cryptocurrencies, including Bitcoin Cash.

The price of Bitcoin Cash (BCH) is constantly changing and highly volatile in the crypto market and subject to rapid fluctuations.

Its value is significantly influenced by market capitalisation, currently at $2,588,946,971 as of February 2023, ranking it 29th among cryptocurrencies. 

Like other digital assets, BCH has experienced price surges during crypto booms and declines during periods like the crypto winter, influenced by events such as China's crypto ban and the Ukraine conflict.

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.