If you want to buy Bitcoin Cash, there are several methods available to you. These include eToro, Coinbase, Robinhood, and Bybit. All of these offer a good platform to purchase crypto with your credit card. In addition, these sites do not charge any fees for accepting credit cards.
Crypto exchange – Coinbase
Coinbase is an online exchange that allows you to buy and sell cryptocurrencies. It also lets you withdraw the money to a bank account. However, users must be at least 18 years of age to use the service. To use Coinbase, you must register for an account. After registering, you can start investing and making purchases online. You can also link your bank account to Coinbase, and you can access it with your bank account username and password.
After the announcement, the price of Bitcoin Cash shot up even more. Coinbase and GDAX halted trading on the currency for about four minutes after they added it. It has gained over 630% this year, and 160% in the past month. Before the Coinbase announcement, bitcoin cash was trading at about $8,500, while its price was $3,500 on other exchanges.
Crypto exchange – Robinhood
As the name suggests, Robinhood is an online broker that lets you buy and sell cryptos. It is easy to use, and users can use the Robinhood app on iOS and Android to buy and sell cryptocurrency. When you are ready to sell your cryptos, simply go to the investment list and tap on the trade/sell button. You can sell all your holdings, or a certain percentage of them. You can then withdraw your brokerage cash.
While Robinhood is a convenient and accessible investment platform, some critics worry that its active trading features make investing riskier. Some argue that the platform is too game-like, which encourages investors to focus on short-term investment growth and volatility. This approach, however, can make investing in crypto an incredibly risky proposition.
Crypto exchange – eToro
If you’re considering buying bitcoin cash on eToro, make sure you’re familiar with the KYC (know your customer) process. This process is designed to protect the eToro platform and prevent scams. It requires you to submit a government-issued ID and deposit funds using your debit or credit card or PayPal account.
Before you can buy Bitcoin Cash on eToro, however, you must know the fees associated with this transaction. eToro charges 0.5% for crypto transfers up to a maximum of $50. It also charges a $5 withdrawal fee for non-U.S. customers and a $10 monthly inactivity fee for inactive accounts.
Crypto exchange – Bybit
There are many ways to buy Bitcoin Cash https://www.bybit.com/en-US/, and the process can be as easy as visiting your local cryptocurrency exchange. While some exchanges have high security, others are not. If you’re an investor in cryptocurrencies, security should be your first priority. Then, you’ll want to consider the best ways to store and transfer your new currency.
To store your crypto currency, you can use a hardware wallet. These wallets can protect your private keys and give you more control over it. In addition, they offer full isolation from your smartphone or computer. This protects your private keys from theft and from easy hacking.
Crypto exchange – Binance
When you’re ready to buy bitcoin cash on Binance, you’ll need a valid credit or debit card. Once you’ve chosen the payment method, you can complete the purchase using the Binance interface. Once you’ve finished, you’ll see a summary of your purchase. Note that if this is your first time buying cryptocurrency, your bank may block the transaction for security reasons. If this happens, contact your bank and try again. Once you’ve done that, the Bitcoin Cash will appear in your Binance wallet.
Once you’ve selected your payment method, you can search for active offers in Binance. You can sort by fiat currency or cryptocurrency, or you can choose to pay with cash in person. Those who want to pay in cash in person should choose only those merchants with high completion rates.
