Buying Bitcoin Cash (BCH) with a credit or debit card is possible in Ledger Live through our partner Coinify. Your newly brought crypto are immediately sent to the safety of your hardware wallet. Exchanges like Coinbase and Coinmama have also made the process smooth and fast but you’ll need a Bitcoin Cash wallet before you buy since some exchanges require one.
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PayPal is a popular method for buying Bitcoin Cash. While you can not purchase Bitcoin Cash directly from PayPal, you can use PayPal in conjunction with a trading platform such as Ledger Live or a peer-to-peer marketplace such as Kraken to buy Bitcoin Cash outright.
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Because Bitcoin Cash is on the internet, they are even easier to steal and much harder to return and trace. Bitcoin Cash itself is secure, but bitcoin are only as secure as the wallet storing them.
Like in any other investment, securing your Bitcoin Cash must be a priority. Your Bitcoin Cash are as secure as the wallet storing them. Ledger hardware wallets combined with Ledger live have been designed to help you buy and secure your Bitcoin Cash and other cryptocurrencies.
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Bitcoin Cash was created by bitcoin miners and developers concerned by the limit of transaction processing time of Bitcoin (BTC). To ensure the ability to scale, Bitcoin Cash (BCH) blocks are limited to 8MB while BTC blocks are limited to 1MB.