Are you a fan of Bitcoin Cash (BCH) looking for where to buy it? There are many others like you who wish to buy the cryptocurrencies for investment, payment, or other use cases.
It is important to choose the platform wisely when you want to buy it however, because there are so many factors involved. For instance, if you’re a beginner, you may wish to pick a platform that is easy to use.
You may also wish to consider the fees charged by the platform, particularly if you wish to trade it actively after buying. Maker and taker fees can add up fast if you pick the wrong exchange. Also, you need to consider the security and reputation of the platform in question.
Whatever your goal is, we have picked out the best platforms for you that you can easily use to buy BCH, regardless of your level of crypto knowledge and putting all the important factors into consideration.
Binance
Binance is an important name when it comes to crypto trading. It already has a reputation as the exchange with the largest trading volume in the industry, and for good reason.
It is an exchange that provides advanced tools for pro traders but is also simple enough for absolute beginners to use. This makes it a popular platform among all kinds of users. Binance also has one of the best liquidity in the industry, so you can always trust it.
The fees are also quite low, charging just 0.01% maker and taker fees on trades. Even when it comes to direct purchase of BCH, the fees Binance charges are usually lower than those of most platforms.
If you’re looking for a secure platform that you can use to buy BCH regardless of your level of crypto knowledge, Binance is one to consider.
Coinbase
If you’re a beginner looking for the simplest platform to use, this is the option for you. Coinbase was designed specifically with beginners in mind, to allow them to easily navigate and buy or trade crypto assets.
The exchange also has a decent number of supported cryptocurrencies, so that you can always swap assets as you wish. To buy BCH, there are several methods you can use, including debit/credit cards, as well as bank transfers.
However, you should note that Coinbase fees can be quite high depending on your location. For U.S users, it is relatively lower, but overall, it isn’t a great option for active trading of BCH or any other assets you may have as the fees can be overwhelming.
Kraken
Kraken is a top global crypto exchange with headquarters in the U.S, and known for its high level of security. The exchange also has the reputation of charging relatively low fees for buying and trading of all kinds of crypto assets.
Kraken also has hundreds of other assets listed apart from BCH, giving you many options to choose from when it comes to which assets to trade. Like Binance, it features advanced tools for pro traders, but is also easily usable by beginners.
Bybit
Bybit is an advanced crypto trading platform for crypto buying and trading. It is also recognized as an exchange that charges lower fees than most. If you are seeking to buy BCH at low fees using any method of your choice, this is a great option to consider.
The exchange is also highly secure, with licenses from several jurisdictions that make it a reliable place to trade crypto. If you’re interested in other altcoins as well, this is an excellent place for you to be.
There are close to a thousand other crypto assets listed on Bybit apart from BCH, and you can trade several BCH pairs with them if that is your goal. Another thing is that Bybit offers many methods for buying crypto, including cards, bank transfer, and P2P.
