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Where and how to buy Bitcoin Cash BCH from the USA

To start, you need to check whether your chosen broker is regulated and by whom. You then need to check what fees and commissions will be applicable when buying Bitcoin Cash and what payment methods are supported. If you’re looking for a quick overview of how to buy Bitcoin Cash in the US – the steps below will show you how to complete the process with XTB. This top-rated broker is regulated by the SEC and offers some of the lowest fees in the cryptocurrency industry.

how to buy bitcoin cash in usa

Secure Bitcoin Hardware Wallets:

When choosing between P2P and centralized exchanges, weigh the tradeoffs in fees, speed, and security. Coinbase is a popular option when it comes to buying Bitcoin Cash, as you can pay for your purchase with a debit card. However, you will pay 3.99% for the pleasure of using a debit card at Coinbase – which is very expensive. This is why we prefer XTB, as you can buy Bitcoin Cash without paying any deposit fees – regardless of your chosen payment method. Some brokers require you to deposit funds into your account before you can place a buy order on Bitcoin Cash.

how to buy bitcoin cash in usa

If you want to buy Bitcoin Cash in the fastest, safest, and most cost-effective way possible – consider XTB. This broker is regulated by the SEC and requires a minimum investment of just $25. You can deposit funds via ACH, a debit/credit card, or online banking for free – and you only need to pay the spread when buying and selling Bitcoin Cash. Binance is a global cryptocurrency exchange that facilitates billions of dollars in trading volume each and every day. In fact, the platform saw more than $140 billion dollars worth of digital assets change hands in the 24 hours prior to writing this review. This shows you just how big Binance has become since it was launched in 2017.

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This means that your funds are at risk – as you can never be 100% sure that the provider is legitimate. Another platform to consider in your quest to buy Bitcoin Cash in the US is Webull. In addition to stocks, ETFs, and options markets – Webull also offers a modest selection of cryptocurrencies. This includes everything from Bitcoin, Ethereum, and Zcash to Shiba Inu, Stellar, and Bitcoin Cash. Irrespective of the cryptocurrency being purchased, Webull requires a minimum investment of just $1 per trade.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one. Converting your cash to bitcoin can get you bitcoins within a couple of hours. The U.S. Treasury classified bitcoin as a convertible decentralized virtual currency in 2013. The Commodity Futures Trading Commission, CFTC, classified bitcoin as a commodity in September 2015. Per the Internal Revenue Service (IRS), bitcoin is taxed as a property. After signing up to an exchange you will need to verify your identity and address, which is part of the Know Your Customer (KYC) process.

  • Always make sure to conduct independent research before investing in cryptocurrency or any other investment.
  • These platforms support many methods of payment, including cash deposits, bank transfers, and even gift cards.
  • As of July 24, 2025, there are 19.90 million bitcoins in circulation.
  • Eliminating the need for personal identification and making it a go-to solution for privacy-conscious users.
  • As of July 24, 2025, that famous bitcoin pizza transaction is worth a staggering $1,187,444,657.

Trading Platforms

The exchanges mentioned above (LocalBitcoins and Bitquick) all work in almost the same way. While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. It’s also private, since no personal information is required in most cases, especially if trading in person or at an ATM with no verification. You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases. Many exchanges are simply trying to steal your personal information (like your password). We suggest using the exchanges listed below or doing research before buying from any exchange.

Once verified, you can fund your account with a bank transfer or debit card and start purchasing Bitcoin or other cryptocurrencies. They offer a reliable and regulated environment, making them a solid choice for investors who prefer a traditional financial approach to cryptocurrency. You have more control over the transaction process compared to centralized exchanges.

How to Sell Bitcoin Cash

Coinbase is a household name in the cryptocurrency arena – with the exchange now supporting more than 68 million client accounts. The platform is authorized and regulated to operate in the US – so safety should be of no concern. Launched in 2012 – this makes Coinbase one of the oldest and most trusted cryptocurrency exchanges in this space. The main appeal with Coinbase is that – although expensive, the platform is very easy to use. If you’re how to buy bitcoin cash in usa based in the US and wish to buy Bitcoin Cash – the process could not be easier. You do, however, need to ensure that you choose a safe and secure cryptocurrency brokerage that offers competitive fees.

These platforms provide a secure way to trade Bitcoin options while complying with US regulations. The best app to buy Bitcoin in the USA varies based on user experience and features. Coinbase is great for beginners, offering an intuitive interface and educational resources.

  • Since the launch of bitcoin in January 2009, a halving event has only occurred four times.
  • We must stress that during the purchase process, you will be asked to enter your Bitcoin Cash wallet address.
  • Crypto payment apps have revolutionized the way people buy Bitcoin, offering a seamless and intuitive experience right from your smartphone.
  • This high level of support can be particularly valuable for users who need assistance or have questions about their Bitcoin transactions.
  • Crypto payment apps often offer instant or near-instant transactions, allowing you to purchase Bitcoin quickly.

Always check the details of the transaction – including transaction fees and the fiat-to-crypto exchange rate – and then confirm it. This simply means that you can buy Bitcoin Cash instantly by using your debit or credit card. The fees charged by both of the aforementioned brokers are sky-high in comparison to XTB. On the one hand, this means that the digital currency is still looking at year-to-date gains of 57% – which is huge.

The decentralized crypto derivatives exchange offers a plethora of margin trading and perpetuals options, should you also want to trade your BCH. Once your account has been verified, you can then use your debit or credit card to buy Bitcoin Cash. We must stress that during the purchase process, you will be asked to enter your Bitcoin Cash wallet address.

If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control. Buying bitcoins with cash is also fast, as there is no verification to slow down the process. The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification. Most exchanges will let you buy as little as a few dollars worth of bitcoin, or any other cryptocurrency. The United States has 5 trusted exchanges available for you to sign up for, with the most popular being Coinbase and Kraken, which account for a combined 125,000,000 active users.

About the Author

Muhammad

Muhammad is an independent writer from Pakistan who enjoys blogging about WordPress tips, online tools, life hacks, and beyond.