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Buying Bitcoin Cash: why and how you should do it with Coinhouse?

The secured Coinhouse platform makes investing in Bitcoin Cash quick and easy.

Acheter du Bitcoin Cash

Why buy Bitcoin Cash?

Bitcoin Cash (BCH) is a clone of an older version of Bitcoin on which the developer team has modified some parameters, including block size. The idea is to be able to accommodate more transactions in the parent blockchain without having to resort to “off-chain” solutions like the Lightning Network deployed on Bitcoin.

How to buy Bitcoin Cash?

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Acheter du Bitcoin Cash

Buy
Bitcoin Cash

Buy your first Bitcoin Cash
with a credit card or bank transfer from 20€.

Are you new to the world of cryptocurrencies and are wondering how you can buy Bitcoin Cash? You are in the right place. We will explain what Bitcoin Cash is and how you can own it.

First things first: to buy and trade cryptocurrency, you will need to go through an intermediary. This is either a broker or a trading platform. This is the most suitable option for newcomers. The other option is to go right to the source and buy currencies on crypto exchanges, which can be very complicated for novices.

Coinhouse is one of the simplest and most intuitive platforms where you can buy Bitcoin Cash or any other digital currency. It was also the first French platform to be registered with the French Financial Markets Regulator, the body assigned to protect investors.

How does buying Bitcoin Cash work?

So, why buy Bitcoin Cash with us? Coinhouse is ideal for your Bitcoin Cash purchase because you can quickly open an account with us and start to buy and trade coins as soon as possible.

First, you need to create your account which takes only a matter of minutes. We will then verify your identity to protect against fraud and hacking.

Once your account has been validated, you are free to buy Bitcoin Cash using the payment options offered by Coinhouse:

  • Buy Bitcoin Cash with a credit or debit card.
  • Buy Bitcoin Cash using a bank transfer (from €20).

These options let you purchase digital currencies in a few simple clicks and without any obligation, unlike other providers that work on a subscription-based model and require you to pay every month to access their services. However, there is a delay in receiving the purchased coins, which can take several days.

What can you do with your Bitcoin Cash?

You have bought some Bitcoin Cash on Coinhouse. The coins are now in your account or in your own wallet. The question that comes to mind is now “What can I do with this cryptocurrency?” You have several options, depending on your goals.

  • Hold your Bitcoin Cash. If you chose to buy Bitcoin Cash as an investment, your best option to get the most out of it is to hold your cryptocurrency in your Coinhouse account or your own external wallet and then wait. The price of Bitcoin Cash will fluctuate over time, as like any other currency or stock. Remember, the price can go up or down; so, it is up to you to manage your portfolio how you want.
  • Trade your Bitcoin Cash. If you are considering trading cryptocurrencies, you can buy Bitcoin Cash and start to trade it against other virtual coins. Beware: trading is highly risky and you need to develop a proper trading strategy that will help you deal with the volatile prices of the various digital coins and tokens.
  • Sell your Bitcoin Cash. Once you have achieved your goals or you simply need cash, you can sell your cryptocurrencies on the platform when you want and have the money delivered to your bank account. If the price has risen and your crypto portfolio is in the green, you can take profits from your investment.
  • Send your Bitcoin Cash. You can also transfer all or part of your portfolio to anyone you want. You just need to have their wallet address. It is simple and often cheaper than the traditional transfer options out there.

What can be bought with Bitcoin Cash?

There is one final option on how you can use your Bitcoin Cash: buy products and services. Cryptocurrencies are a payment method in their own right and businesses are increasingly accepting them as forms of payment. To pay with Bitcoin Cash, the simplest way is to use a crypto debit card preloaded with your available coins. When you pay, the amount is converted into fiat currency for the vendor.
So, what can you actually buy with Bitcoin Cash? Well, anything and everything, provided the store accepts this payment method (more common in e-commerce). For example:

  • property;
  • cars;
  • insurance;
  • hotel stays;
  • luxury items;
  • online services (software, Cloud hosting, etc.);
  • and many others.

You can easily find online a list of vendors and brands that accept cryptocurrency.

Our services make a difference.

Nos conseillers Coinhouse

Our crypto experts are at your disposal and offer you personalised support

premier acteur français enregistré auprès de l'AMF

We are the first French player registered with the AMF (Autorité des marchés financiers)
Registration number E2020-001

sécurisez vos crypto-monnaies

Your cryptocurrencies are kept safe with our top of the line stocking solution

gestion facile de vos investissements cryptomonnaies

Managing your investments is made easy with our intuitive interface

Why buy using Bitcoin Cash?

You are probably wondering why bother buying with Bitcoin Cash instead of any other cryptocurrency. Or even, what’s the point of buying with Bitcoin Cash when Bitcoin is more widely known.

What is Bitcoin Cash?

The best way to answer such questions is to first know what Bitcoin Cash (BCH) is. It is a clone of an older version of Bitcoin with some modifications, such as the block size (currently up to 32 MB). The idea is to be able to process more transactions on the blockchain without having to resort to off-chain solutions like the Lightning Network that has been rolled out on Bitcoin. Essentially, Bitcoin Cash and Bitcoin are different but are strongly related given that the former emerged from a fork in Bitcoin in 2017.

Buying with Bitcoin Cash still remains very secure. Like Bitcoin, it works thanks to the blockchain that ensures no unauthorised manipulation of the chain can be made.

What are the main reasons for buying with Bitcoin Cash?

Now that you know a bit of Bitcoin Cash’s background, here are some good reasons to invest in this digital coin:

  • Buying Bitcoin Cash is cheaper than buying Bitcoin whose price is extremely high.
  • Its transactions are recorded on the blockchain.
  • Sellers who accept Bitcoin also take Bitcoin Cash.
  • Bitcoin Cash can accommodate more transactions, meaning that more people can buy, sell or trade at the same time without affecting the network’s security and workload.

In this way, purchases with Bitcoin Cash present numerous advantages over purchases using Bitcoin.

Why buy Bitcoin Cash with Coinhouse?

Coinhouse plateforme enregistrée AMF

Reliable and European

Coinhouse is the first platform to be registered as a Digital Asset Service Provider (PSAN) by the AMF. Our team is available and ready to advise you on a strategy adapted to your objectives.

Achetez vos cryptomonnaies coinhouse

Simple and fast

Buy your first cryptocurrency in less than 10 minutes on Coinhouse. You are guided step by step through the registration process. Buying and selling is done in full transparency with a single invoice.

Conservez vos cryptomonnaies en toute sécurité

Securised

Keep your cryptocurrencies safe and secure with our integrated wallet solution on our platform. You can also send your cryptocurrencies directly to your personal wallet, free of charge.

Pluseurs modes de paiement crypto monnaies

Several payment methods

Take advantage of the different payment methods offered: credit card or bank transfer. With the credit card, we offer you the possibility to make an instant purchase at the moment that seems most convenient to you.

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Frequently asked questions.

What is the difference between Bitcoin Cash and Bitcoin?

You may have noticed that several cryptocurrencies have the name Bitcoin, and this can be confusing. The differences between Bitcoin (BTC) and Bitcoin Cash (BCH) are minimal. Bitcoin Cash was born from a fork of Bitcoin on August 1, 2017. Bitcoin Cash offered a block size of 8 megabytes (MB) versus Bitcoin’s 1MB. Since then, Bitcoin Cash has further increased this limit to 32MB. In principle, Bitcoin Cash can therefore accommodate about 15 times more transactions than Bitcoin.

Why does Bitcoin Cash exist?

Bitcoin is an open-source, community-based project. Decisions do not rest with one person or organization but must be decided by global consensus. So when controversial decisions have to be made, it may be that part of the community disagrees. This is what happened with Bitcoin Cash. Those who disagreed with the majority at the time decided to give birth to the Bitcoin Cash project on August 1, 2017.

How to buy Bitcoin Cash on Coinhouse?

Coinhouse is the first French player registered by the AMF. All you have to do is create a secure account in a few minutes. Once your account is verified, you can invest in Bitcoin Cash with a credit card or bank transfer (SEPA) starting at 20€.

Is Bitcoin Cash a good investment?

Coinhouse is the first French player registered by the AMF. All you have to do is create a secure account in a few minutes. Once your account is verified, you can invest in Bitcoin Cash with a credit card or bank transfer (SEPA) starting at 20€.

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