Buy Bitcoin Cash (BCH)
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What is Bitcoin Cash
Bitcoin Cash (BCH) is a peer-to-peer electronic currency based on the Bitcoin protocol. In July 2017, a group of Bitcoin users, developers and miners decided to create a new version of Bitcoin which focuses on low fees and fast confirmations.
In times when the number of requested Bitcoin transactions surpassed the maximum capacity of the network, miners could not compensate the rise resulting in high transaction costs and long confirmation times. The Bitcoin Cash team simply increased the block size limit defined in the Bitcoin protocol from 1 MB to 8 MB with the aim of a higher total network capacity, faster confirmations and lower transaction costs.
How to store Bitcoin Cash
There are several wallets that you can use for storing your Bitcoin Cash. On the Bitcoin Cash Project Website you will find a list of secure and reliable wallets. You can either download one of the BitcoinCash clients like Bitcoin Unlimited or ABC which are based on the Bitcoin Core client or use one of the online wallets listed on the BitcoinCash website.
Buy Bitcoin Cash (BCH) via Credit Card
You can buy Bitcoin Cash instantly using your VISA credit card on CEX.IO. Choose "BUY/SELL" on the top left of the site and then select one of the market price offers. It's also possible to set your own price which is a bit more complicated. To do that, create an account first, click the "Trade" link and select the "BCH/USD" pair. Please note that only verified users are able to trade on CEX.IO.
Buy Bitcoin Cash (BCH) via PayPal
Purchase Bitcoins using PayPal on VirWoX. For more detailed instructions on how to use VirWox, look at this site and scroll down a little. Please note that VirWox charges pretty high deposit and trading fees.
Now create a Livecoin Account and choose "Balance" at the top menu to deposit any currency. You can also use another crypto exchange that you trust.
Select the "Buy / Sell" menu at the top of the screen and click "Trading".
On the left side you will see all available trading pairs. Now choose the "BCH/BTC" pair.
You can now enter the amount of BitcoinCash you want to buy and the price. Livecoin trading fees are maximum 0.18% of the trading volume.
Go back to the balance section where you can withdraw the purchased BitcoinCash.