Bitcoin Cash (BCH) has gained traction among cryptocurrency enthusiasts for its lower transaction fees and faster processing times compared to Bitcoin. Whether you’re new to cryptocurrency or looking to diversify your portfolio, Bitcoin Cash is an excellent option for fast, efficient transactions. In this guide, we’ll cover Bitcoin Cash’s key features and show you how to buy Bitcoin Cash using RockItCoin’s Bitcoin ATMs and the RockItCoin mobile app.
Let’s dive in and explore the key features of Bitcoin Cash, and how you can can buy it using RockItCoin’s Bitcoin ATMs and mobile app.
What is Bitcoin Cash?
Bitcoin Cash is a cryptocurrency that was created in 2017 as a result of a hard fork from Bitcoin. The goal of Bitcoin Cash was to improve upon Bitcoin’s transaction speed and cost. Unlike Bitcoin, which can suffer from high fees and slow confirmation times, Bitcoin Cash offers quicker transactions and lower fees, making it more efficient for everyday use.
Key Features of Bitcoin Cash
- Larger Block Size: Bitcoin Cash has a block size of 8 MB, compared to Bitcoin’s 1 MB. This means more transactions can be processed in each block, allowing for faster processing.
- Lower Fees: With lower transaction fees than Bitcoin, Bitcoin Cash is ideal for people who want to send and receive cryptocurrency without the high cost.
- Decentralized Network: Like Bitcoin, Bitcoin Cash operates on a decentralized blockchain, meaning no central authority controls the currency.
These improvements make Bitcoin Cash a popular option for anyone looking to buy, hold, or use cryptocurrency in a more cost-effective way.
Why Buy Bitcoin Cash?
There are several reasons why people choose to buy Bitcoin Cash over other cryptocurrencies:
Faster Transactions
Bitcoin Cash processes transactions much faster than Bitcoin, making it ideal for those who need quick confirmations for payments or transfers. This makes BCH a good choice for both consumers and merchants who require fast payment solutions.
Lower Transaction Fees
When using Bitcoin, transaction fees can often become prohibitive, especially when the network is congested. Bitcoin Cash was specifically designed to address this issue, offering significantly lower fees, making it more suitable for smaller transactions or frequent transfers.
Increasing Adoption
Bitcoin Cash is gaining more acceptance from businesses, merchants, and platforms as a form of payment. Many cryptocurrency exchanges and wallets support BCH, making it easy to buy, sell, and store the currency. As more people adopt Bitcoin Cash, its utility and value continue to grow.
Buy Bitcoin Cash at a RockItCoin ATM 🡢
How to Buy Bitcoin Cash at RockItCoin Bitcoin ATMs
Buying Bitcoin Cash at a RockItCoin Bitcoin ATM is an easy and convenient way to get started with this cryptocurrency. With over 2,000 RockItCoin ATMs across the U.S., buying Bitcoin Cash has never been simpler.
Step-by-Step Guide to Buying Bitcoin Cash at a RockItCoin ATM
Step 1: Locate a RockItCoin ATM Near You
Use the RockItCoin ATM locator on the RockItCoin website to find the nearest Bitcoin ATM. With a large network of machines across the country, there’s likely an ATM near you.
Step 2: Verify Your Identity
For larger transactions, the ATM may require you to verify your identity by entering your phone number and scanning a government-issued ID. This ensures that your transaction complies with regulations.
Step 3: Select Bitcoin Cash
When you arrive at the ATM, select Bitcoin Cash (BCH) as the cryptocurrency you want to purchase. The current price of Bitcoin Cash will be displayed, so you know the exact rate at which you’re buying.
Step 4: Insert Cash
Next, insert the amount of cash you want to use to purchase Bitcoin Cash. RockItCoin ATMs accept various denominations, and you can buy as little or as much BCH as you like, depending on your budget.
Step 5: Receive Bitcoin Cash in Your Wallet
After completing the transaction, your Bitcoin Cash will be sent to your digital wallet. Make sure to have your wallet’s QR code ready for scanning at the ATM, ensuring that the BCH is transferred securely.
Find a RockItCoin ATM near you 🡢
How to Buy Bitcoin Cash Using the RockItCoin Mobile App
If you prefer to buy Bitcoin Cash from the comfort of your home, the RockItCoin mobile app offers an easy and secure way to purchase BCH. Available on the App Store and Google Play, the app makes buying Bitcoin Cash as simple as a few taps on your phone.
Step-by-Step Guide to Buying Bitcoin Cash with the RockItCoin App
Step 1: Download the RockItCoin App
To get started, download the RockItCoin app from the App Store or Google Play. The app is free and takes just a few moments to install.
Step 2: Create an Account
Once the app is installed, follow the prompts to create an account. You’ll need to verify your identity to ensure that your transactions are secure.
Step 3: Select Bitcoin Cash (BCH) for Purchase
In the app, choose Bitcoin Cash as the cryptocurrency you’d like to buy. The app will display the current price of BCH so you can decide how much to purchase.
Step 4: Choose a Payment Method
The RockItCoin app supports several payment methods, including credit cards, debit cards, and Apple Pay, giving you flexibility in how you buy Bitcoin Cash.
Step 5: Complete Your Purchase
Once your payment is processed, the Bitcoin Cash will be transferred directly to your wallet. You can store it in the RockItCoin app or transfer it to an external wallet for additional security.
Download the RockItCoin app now and start buying Bitcoin Cash 🡢
Bitcoin Cash Wallet Options
Before you buy Bitcoin Cash, it’s essential to have a secure place to store it. Here are some popular options for storing your BCH:
Software Wallets
A software wallet is an app or program that you can install on your computer or mobile device. It allows you to store and manage your Bitcoin Cash securely. Popular software wallets for BCH include Exodus, Atomic Wallet, and Trust Wallet.
Hardware Wallets
For those who want an extra layer of security, a hardware wallet is a great option. These physical devices store your Bitcoin Cash offline, reducing the risk of hacking or theft. Some of the most popular hardware wallets include Ledger, Trezor, and NGRAVE.
No matter which type of wallet you choose, always make sure it is secure. Enable two-factor authentication (2FA) and set a strong password to protect your funds.
Learn how to choose the best wallet 🡢
Why Choose RockItCoin to Buy Bitcoin Cash?
RockItCoin is a trusted leader in the cryptocurrency space, offering a secure and convenient way to buy Bitcoin Cash. Here’s why you should choose RockItCoin for your BCH purchases:
- Extensive ATM Network: With over 2,000 Bitcoin ATMs across the U.S., RockItCoin makes it easy to buy Bitcoin Cash wherever you are.
- Easy-to-Use Mobile App: The RockItCoin app lets you buy BCH in just a few taps, giving you the flexibility to purchase Bitcoin Cash from anywhere.
- 24/7 Customer Support: Have questions or need assistance? RockItCoin’s customer support team is available around the clock to help with any issues.
Whether you’re using a RockItCoin Bitcoin ATM or the mobile app, buying Bitcoin Cash has never been easier. With fast transaction times, low fees, and growing adoption, Bitcoin Cash offers a powerful alternative to Bitcoin for those looking to buy, hold, or spend cryptocurrency.
Start building your Bitcoin Cash portfolio today with RockItCoin!
