How to buy Bitcoin Cash (BCH) with a Credit/Debit card? Table of Contents
Buy Bitcoin Cash with your Credit Card
If you’ve tried to buy Bitcoin with a debit or credit card before, you know it’s not always easy.
You would like to buy cryptocurrency with a regular bank card, but the transaction often takes a long time and there can be high fees.
This is why Bitcoin Cash (BCH) was created precisely to realize the original peer-to-peer vision of Bitcoin e-money.
Bitcoin Cash was created in 2017 as a hard fork of the Bitcoin blockchain, with block sizes increased from 1MB to 8MB.
This allows for more transactions per block, making buying and selling with Bitcoin Cash easier and cheaper.
Now, Bitcoin Cash blocks go up to 32 Mb, so it has never been easier to buy cryptocurrencies with your credit card.
Buy Bitcoin Cash with Credit/Debit card on StormGain
How to buy Bitcoin Cash with a card?
Bitcoin Cash was designed to be as easy to purchase using a credit or debit card as you would for anything else.
Unlike standard Bitcoin (BTC), Bitcoin Cash allows merchants and users to trade with low fees and faster confirmations.
It is the most reliable cryptocurrency to buy using a credit card.
To buy Bitcoin Cash with a credit or debit card, just follow these simple steps.
In this guide, we’ll show you how to buy Bitcoin Cash with a credit card in no time.
We will refer to StormGain, the easiest to use platform for buying, trading, and selling Bitcoin Cash.
- 1. Activate StormGain:
- StormGain is the best platform to buy Bitcoin Cash and other cryptocurrencies online. Before you can buy Bitcoin Cash, you will need a Bitcoin Cash wallet to store them, provided by StormGain. Using StormGain, you can buy Bitcoin Cash with a credit card instantly and securely from your app or web browser.
- 2. Register an account:
- With StormGain, it only takes a few seconds to verify and be able to purchase Bitcoin Cash with your debit card.
- 3. Buy Bitcoin Cash with a credit card:
- Once logged into StormGain, you will see a button at the top that reads BUY CRYPTOCURRENCIES WITH CREDIT CARD. Click to start.
- 4. Select the cryptocurrency you want to buy:
- StormGain allows you to buy, sell and trade 6 different cryptocurrencies, including Bitcoin, Bitcoin Cash, Litecoin, Etherium USDT, and Ripple. In this guide, we consider Bitcoin Cash, so select it and enter the number of coins you want.
- 5. Enter your card details and pay:
- Enter your credit or debit card details just like you would any other transaction. StormGain is 100% secure and you can save your card details for future purchases.
- 6. Start Trading:
- Congratulations, you now own Bitcoin Cash! Now is the time to make money. With StormGain, you can trade the most popular crypto-instruments with a multiplier of up to 100x, for a bigger profit. The platform also allows in-app trading with advice for new users on how to make money in the market.
We recommend trading Bitcoin Cash on exchanges because it must be said that, despite the founders’ intentions, it is not so easy to buy goods and services directly with Bitcoin Cash.
However, there are some stores that accept Bitcoin Cash.
You can use this online map to find their locations and see if there is one near you.
Sign up with StormGain for free
How to buy Cryptocurrencies with a credit card?
Cryptocurrencies have been around for 10 years but it is still difficult to buy them with credit cards.
Why never? Simply because banks do not believe in this type of money and are not inclined to allow simple transactions with cryptocurrencies.
That’s why many people are still searching for “how to buy Bitcoin Cash with a credit card” on Google (or any other cryptocurrency).
Today, there are three ways to solve this problem:
- Go to an exchange platform;
- Go to an online exchanger;
- Find a direct buyer.
The first method is the most popular among cryptocurrency users.
In this case, you need to create and verify an account on an exchange platform, go to the settings and choose the payment method.
Some exchanges don’t allow you to do this via settings.
In such situations, you need to visit the “Wallets” section, find BCH and click the “Deposit” button.
In the next window, you have to choose the payment method (specifically “Visa / Master Card”) and enter the number of coins you want to buy (or the amount of money you are willing to spend).
Next, you need to enter the necessary credit card details and confirm them by text message.
After confirmation, the card will be added to the exchange and you will then be able to purchase BCH.
Go to StormGain’s Official Website
Merits and Demerits of Purchasing/exchanging Cryptocurrencies
1. Advantages and disadvantages of buying BCH through an exchange
| Advantages | Disadvantages |
|---|---|
| There is an option to buy BCH at a lower price than the market price. | High commissions. |
| Secure. | Registration required. |
| There is no need to create a separate wallet, because it is possible to keep the coins in the exchange. | – |
The most convenient method is to use an exchanger.
You will need about a minute to purchase Bitcoin Cash with a credit card.
You just need to use this type of service, choose BCH for purchase, and dollars (or any other available currency) for sale.
Enter the number of coins you wish to purchase and a Bitcoin Cash wallet address and press the “Pay” button.
Enter your credit card details, confirm the transaction, and wait while the BCH blockchain processes the transaction.
The most convenient method is to use an exchanger.
You will need about a minute to purchase Bitcoin Cash with a credit card.
You just need to use this type of service, choose BCH for purchase, and dollars (or any other available currency) for sale.
Enter the number of coins you wish to purchase and a Bitcoin Cash wallet address and press the “Pay” button.
Enter your credit card details, confirm the transaction, and wait while the BCH blockchain processes the transaction.
Buy Bitcoin Cash with Credit/Debit card on StormGain
2. Advantages and disadvantages of buying BCH via an exchanger
| Advantages | Disadvantages |
|---|---|
| No registration is required. | The reserve of cryptocurrencies on an exchange is limited. |
| Quick and practical ways to buy BCH. | Sometimes, the exchange rate is much lower than the market price. |
| Low commissions. | – |
The last method is a direct purchase. Go to Bitcointalk, Reddit, or other cryptocurrency forums, find the topics related to the BCH sale, and choose a user to make a trade. In this case, you just have to say that you will pay by credit card.
3. Advantages and disadvantages of buying BCH directly
| Advantages | Disadvantages |
|---|---|
| It is not necessary to use brokerage services. | Very risky, because users can be scammers. |
There are many places where you can buy Bitcoin Cash with credit cards.
If you choose the first method (using an exchange), you will have many alternatives. Coinbase, CEX, Bitpanda, etc. The list is very long.
There are also many exchanges, such as Coinswitch or Coinmama, where you can buy Bitcoin Cash with a credit card instantly.
Therefore, you just need to choose what is most comfortable for you and not worry about the service.
Go to StormGain’s Official Website
Please click "Introduction of StormGain", if you want to know the details and the company information of StormGain.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...