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Buy Bitcoin Cash with Debit Card Instantly

How to Buy Bitcoin Cash with a Debit/Credit Card

21 Feb, 2020
5 min read

If you’ve ever tried to outright buy bitcoin with a debit or credit card, you’ll know that it isn’t always easy. You just want to buy cryptocurrency with a normal bank card, but the transaction often takes a lot of time and can have high fees attached to it. That’s why Bitcoin Cash (BCH) was created as a way to realize bitcoin’s original vision of peer-to-peer electronic money.

Bitcoin Cash was created in 2017 as a hard fork of the bitcoin blockchain, with block sizes increased to 8MB from 1MB.

This allows for more transactions per block, making buying and selling with Bitcoin Cash easier and cheaper. Now, Bitcoin Cash blocks have up to 32MB, so it’s never been easier to buy cryptocurrency with your credit card.

How to Buy Bitcoin Cash with a Debit Card Instantly

Bitcoin cash is designed to be easy to buy using a credit card or debit card, like you would anything else. In contrast to standard Bitcoin (BTC), Bitcoin Cash enables merchants and users to trade with low fees and faster confirmations. It’s the most reliable cryptocurrency to buy using a credit card. To buy Bitcoin Cash with a credit or debit card, just follow the simple steps below.

Step by Step Guide

In this guide, we’ll show you how to buy Bitcoin Cash with a credit card instantly. We’ll be doing this on StormGain, the most user-friendly platform for buying, trading and selling Bitcoin Cash.

  1. Get StormGain: StormGain is the best platform to buy Bitcoin Cash and other cryptocurrencies online. Before you can buy Bitcoin Cash, you’ll need a Bitcoin Cash wallet to store it in, which StormGain provides. Using StormGain, you can buy Bitcoin Cash with a credit card instantly and securely from your app or web browser. 

  2. Register your account: With StormGain, it only takes a few seconds to get verified and be able buy Bitcoin Cash with your debit card.

  3. Buy Bitcoin Cash with a credit card: Once logged into StormGain, you’ll see a button up top that says BUY CRYPTO WITH CREDIT CARD. Click that to get started.

  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, Tether and Ripple. For the purposes of this guide, we want Bitcoin Cash, so select it and input the amount of coins you want.

  5. Enter your card details and pay: Enter the card details of your credit or debit card just like you would any other transaction. StormGain is 100% secure, and you can save your card details for later purchases.

  6. Start trading: Congratulations, you’ve got Bitcoin Cash! Now it’s time to turn that into even more money. With StormGain, you can trade the most popular cryptocurrency instruments with an up to 100x multiplier, for a bigger profit. The platform even provides in-app trading with advice for new users on how to win on the market. 

We recommend trading Bitcoin Cash on the exchange because it has to be said that, despite the intentions of the founders, it’s not so easy to buy goods and services directly with Bitcoin Cash. However, there are brick-and-mortar establishments that do accept Bitcoin cash. You can use this online map to find their locations and see if there is one near you.

How to Buy Bitcoin Cash with a Credit Card

Cryptocurrencies have existed for 10 years, but it’s still annoying to buy them with credit cards. Why so? Simply because banks don’t believe in this type of money and don’t want to allow simple transactions with cryptocurrency. That’s why many people still search ‘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 way is the most popular among crypto users. In this case, you have to create and verify an account in an exchange platform, go to settings and then choose the payment method. Some exchanges don’t allow you to do this via settings. In such situations, you have to go to 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 amount of coins you want to buy (or the sum of money you are willing to spend).

Then, you have to enter the necessary credit card data and confirm it via message. After confirmation, the card will be added to the exchange, and you can then buy BCH.

 

Table 1. Advantages and disadvantages of buying BCH via exchange

Advantages

Disadvantages

There is an opportunity to buy BCH at a price that is higher than the market.

High fees.

Secure.

Compulsory registration.

Don’t need to create a separate wallet, because you can store coins on the exchange.

 

The most convenient method is using an exchanger. You will spend about a minute buying Bitcoin Cash with a credit card. You just have to visit such a service, choose BCH for buy and dollars (or any other currency which is available) for sell. Put the amount of coins you want to purchase and a Bitcoin Cash wallet address, and press the “Pay” button. Enter the credit card information; confirm the transaction and wait, while the BCH blockchain processes the transaction.

 

Table 2. Advantages and disadvantages of buying BCH via exchanger

Advantages

Disadvantages

Registration is not required.

The crypto currency reserve on an exchanger is limited.

Fast and comfortable way to buy BCH.

Sometimes, the exchange rate is much lower than the market price.

Low fees.

 

The last method is a direct purchase. Go to Bitcointalk, Reddit or other crypto forums, find some topics connected with BCH selling and choose a user to make a deal. In this case, you only have to say that you will pay via credit card.

 

Table 3. Advantages and disadvantages of buying BCH directly

Advantages

Disadvantages

You don’t have to use intermediary services.

Very risky, because each user can be a rogue.

Where to Buy Bitcoin Cash with a Credit Card

There are many different services where you can buy Bitcoin Cash with credit cards. If you choose the first way (using an exchange), you will have many alternatives. Coinbase, CEX, Bitpanda, etc. This list is almost inexhaustible.

There are also many exchangers, like Coinswitch or Coinmama, where you can buy Bitcoin Cash with a credit card instantly.

Therefore, you only have to choose what’s most comfortable for you and don’t worry about the service.

 

 

 

Welcome to StormGain — crypto trading platform!

Trade with 200× multiplier.