Simple Video Guide: How to Buy Bitcoin Cash (BCH) on Coinbase
Follow these key steps to purchase Bitcoin Cash (BCH) on Coinbase:
Create your Coinbase account and complete the required verification.
Add funds to your account via bank transfer, debit card, or other available methods.
Find Bitcoin Cash (BCH) by searching for it on Coinbase.
Choose the amount of BCH you want to buy.
Complete your purchase by confirming the transaction.
How to Buy Bitcoin Cash (BCH): Frequently Asked Questions
What is Bitcoin Cash (BCH) and how is it different from Bitcoin?
Bitcoin Cash (BCH) is a cryptocurrency that was created as a fork of Bitcoin (BTC) to offer faster transactions and lower fees. While both share similar technology and supply limits, BCH focuses on larger block sizes for increased transaction capacity.
Key differences:
Lower transaction fees
Faster confirmation times
Different community and development paths
How do I buy Bitcoin Cash (BCH) for the first time?
To buy BCH, follow these steps:
Choose a crypto exchange (such as Coinbase or Binance).
Create an account and verify your identity.
Deposit funds via bank transfer, card, or crypto.
Find BCH on the platform and enter the amount.
Confirm your purchase and store BCH in your wallet.
Which payment methods can I use to buy BCH?
You can buy Bitcoin Cash (BCH) using various payment methods depending on the exchange:
Bank transfer (ACH, SEPA, Wire)
Debit or credit card
PayPal (select platforms)
Other cryptocurrencies for instant swap
Check your exchange’s supported payment options before purchasing.
Do I need to verify my identity to buy BCH?
Most reputable exchanges require identity verification (KYC) for security and regulatory compliance. This usually involves:
Uploading a photo ID
Providing proof of address
Completing a selfie check
Some peer-to-peer or decentralized platforms allow small purchases without verification, but limits apply.
Where should I store my Bitcoin Cash after buying?
After buying BCH, consider these wallet options for secure storage:
Hardware wallets (Ledger, Trezor) for maximum security
Mobile wallets for convenience
Exchange wallets for easy trading (less secure)
Tip: For long-term storage, use a non-custodial wallet where you control your private keys.
What are the typical fees when buying Bitcoin Cash?
Fees for buying BCH depend on the platform and payment method:
Payment Method
Typical Fee Range
Bank transfer
0% – 1.5%
Credit/Debit Card
2% – 4%
Crypto Swap
0.1% – 0.5%
Pro tip: Check for hidden fees, such as spreads and withdrawal charges.
How long does it take to receive BCH after purchase?
Bank transfers may take 1-5 business days for funds to arrive. However, card purchases and crypto swaps are usually instant.
Once payment is confirmed, BCH is typically credited to your account within minutes. Blockchain confirmation times may vary but are generally fast with BCH.
Is it safe to buy Bitcoin Cash online?
Buying BCH is safe if you follow these steps:
Use a reputable, regulated exchange
Enable two-factor authentication (2FA)
Transfer BCH to a secure wallet after purchase
Beware of scams and phishing sites
Always double-check URLs and never share your private keys.
Can I buy Bitcoin Cash with another cryptocurrency?
Yes, many platforms support crypto-to-crypto swaps. You can exchange Bitcoin (BTC), Ethereum (ETH), or other coins for BCH instantly:
Select BCH trading pair (e.g., BTC/BCH)
Enter the amount you want to swap
Confirm the transaction
No fiat deposit or bank transfer is needed for these trades.
What should I know before investing in BCH?
Before buying BCH, consider these points:
Market volatility: Prices can change rapidly
Security: Use strong passwords and secure wallets
Research: Stay informed about market trends
Never invest more than you can afford to lose. Understand risks, and consider speaking to a financial advisor.
