It supports the exchange of Bitcoin, Ethereum, Litecoin, Dash, Ethereum Classic, Bitcoin Cash, and many other ERC-20-based digital currencies. Notably, the spread covers both the buy and sell sides of your trade, so you only pay once for your entire BCH investment. Another risk https://www.tokenexus.com/ is that Bitcoin Cash itself becomes susceptible to a hack. This seems unlikely to happen since Bitcoin Cash uses the same underlying blockchain security as Bitcoin, which has proven very safe. However, it is a risk whenever investing in a decentralized currency like BCH.
- We compare the top providers along with in-depth insights on their product offerings too.
- Bitcoin Cash (BCH) and Bitcoin (BTC) differ significantly in terms of their block size and transaction speed.
- Anticipating when to buy or sell digital assets is critical in the cryptocurrency market.
- This content shouldn’t be interpreted as a recommendation to invest.
If you’re in the EU/UK or some states of the USA, you can sell BTC, BCH or ETH and have the cash deposited straight to your bank account. There are several ways to sell your Bitcoin (BTC), Bitcoin Cash (BCH) or Ethereum (ETH) and have it sent to your bank in government issued currencies (USD, EURO, CAD, GBP, AUD, JPY, etc). Easily sell BTC, BCH, ETH, and other cryptocurrencies from the self-custodial Bitcoin.com Wallet app. But some users are still looking for reliable exchanges which are supporting the deposit/withdrawal/trade of Bitcoin Cash (BCH). Buyshares.co.uk provides top quality insights through financial educational guides and video tutorials on how to buy shares and invest in stocks.
Where to Sell Bitcoin Cash (BCH)?
The Bitcoin Cash protocol establishes a maximum limit of 21 million coins, preventing any further increase in its supply. In contrast, governments have a tendency to continually print money, leading to inflation and the erosion sell bch of individuals‘ savings. Bitcoin Cash, with its fixed supply, serves as a reliable form of currency, embodying the concept of sound money. We work with multiple top fiat gateways so you can never miss out on an amazing deal.
- Also, you can check if the exchange where you want to sell BCH offers multiple assets to trade with.
- Once logged in to your profile, you should go to the “Buy Cryptocurrency” page and select Bitcoin Cash as your coveted crypto assets.
- Transaction fees are a hot topic within the cryptocurrency community, particularly in regards to Bitcoin.
- This will provide you an estimate on how much, in fiat currency (e.g. USD), you will receive from selling it.
- So we decided to let you benefit from our expertise (for free!) by providing you with a list of reliable platforms where you can buy or sell BCH safely.
- During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages.
We are determined to meet our customer’s needs and make the process as convenient as possible. Here you can choose from various coins and tokens, including BCH that you can sell to get USD or EUR. Now that you have purchased BTC and can access it inside your Beaxy account, navigate to the BTC-BCH trading pair where you can exchange your Bitcoin for Bitcoin Cash. If you are submitting a market order, enter the amount of BCH that you want to buy and your order will be filled immediately. If you are placing a limit order, enter the amount of BCH that you want to buy and the highest price that you are willing to pay for it. In this case, your limit order will remain posted on the bid side of the order book until a seller places an order to sell at that price.
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it’s a good idea to have those ready. When you are planning on buying Bitcoin Cash (BCH) safely, one of the best ways is through Bitcoin exchanges, like Changelly. Changelly offers a seamless and secure platform for purchasing Bitcoin Cash and other cryptocurrencies, with a variety of integrations with leading exchanges and fiat vendors. This allows users to easily convert their dollars and other fiat currencies into Bitcoin Cash with ease, convenience, and trust. Apart from its protection measures that safeguard your personal and financial information, it also offers other benefits, such as low fees and fast processing times.
Finally, there is always a risk that your cryptocurrency exchange could be hacked or go out of business. If you have your own crypto wallet, this is not a huge problem since you control your own coins. In addition, if you use an FCA-regulated broker, any cash in your account will be protected by the Financial Services Compensation Scheme for up to £85,000. You should be aware and prepared to potentially lose some or all of your money.
Option 1: Cryptocurrency Exchanges
To do this, exchanges use trading pairs that represent the asset you will be exchanging your BCH tokens against. For example, placing a sell order with a BCH/USD trading pair means agreeing to exchange your BCH tokens against an equivalent amount of the U.S. dollar. Similarly, a BCH/BTC trading pair will let you exchange an equal amount of Bitcoin for the worth of your BCH tokens. The nice thing about the crypto exchanges are that the fees tend to be lower than the brokerages. Look for the “sell” or “trade” tab, and either sell at the price offered by the broker or create a custom sell order on an exchange order book.
You will have to provide your Full Legal Name, Present and Active Residential Address, Active Mobile Number, Email address, and an acceptable form of Identification. We may ask you to go through a verification procedure if our security system raises an alarm. Choose the BCH pair you want to trade and input your Wallet address(es). Enable recurring buys to automatically build your digital asset portfolio on a weekly or monthly basis.
How to sell Bitcoin Cash for USD?
We provide quick crypto purchases to more than 2.6 million users every month. A bank transfer is a secure option to buy cryptocurrency, especially if you are thinking of purchasing large amounts of virtual currency. Keep in mind that bank transfers may take a little longer, and fees may vary. Select the crypto you’d like to purchase, the fiat currency you want to buy crypto with, and your country of residence. Look through the best offers and choose the one that suits you most.
- If the prices look good to you, you can exchange fiat money for BCH and then sell it for an even better price.
- Please, notice that a fiat-to-crypto and crypto-to-fiat exchange feature is offered to you by Mercuryo, SimpleSwap’s independent partner.
- It was created to enable faster and cheaper peer-to-peer transactions.
- Such crypto vending machines are scattered throughout the world, and they support fiat withdrawals as well.
- We may ask you to go through a verification procedure if our security system raises an alarm.
Once you’ve picked a company, you’ll need to create an account and complete the necessary verification process if so is required. The ID check is done once, and if completed successfully, future purchases will be processed momentarily. With Changelly’s stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support. Verify your identity with our providers to buy crypto without any hurdles.