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Ways to invest in Bitcoin Cash
The easiest and most popular way is to sign up with an online cryptocurrency broker or exchange platform. There, you can buy or trade coins depending on how quickly you want to see returns.
There are several other ways to gain exposure to Bitcoin Cash too, however. You can invest in funds or trusts that include cryptocurrency as part of their portfolio, or use apps and wallets to make and receive payments in it. The links below direct you to individual pages which go into more detail on different ways to invest.
What is Bitcoin Cash?
Bitcoin Cash is a cryptocurrency that spun off from Bitcoin in 2017. Though not nearly as widely traded or highly valued as its parent and predecessor, Bitcoin Cash is still a popular coin and spun off two other cryptocurrencies of its own in 2018.
How to invest in Bitcoin Cash
Before you dive in and start investing, familiarise yourself with all the options available. Here are the different approaches you can use:
- Cryptocurrency brokers. Buying through an online broker is one of the simplest ways to get Bitcoin Cash. Choose one that offers superior customer service, an intuitive trading platform, and competitive transaction fees.
- Exchange platforms. You can buy and sell coins on many different crypto exchanges. Look for a reputable exchange with a track record of executing transactions seamlessly and securely.
- Investment trusts. An investment trust is a closed-end investment strategy that UK investors can use to get access to a variety of different assets. Lots of fund managers now include cryptocurrency in their portfolios and it can be a good way of owning a piece of the market without having to choose a particular coin
- Crypto debit cards. Once you own some coins, you can get a debit card that lets you spend them online.
- Mobile apps. You can buy and trade Bitcoin Cash on your mobile phone with various cryptocurrency apps. Just make sure that the app you choose offers access to Bitcoin Cash.
- Cryptocurrency wallets. A wallet allows you to store and track your coins securely, and often offers a way of you to make extra money in the form of interest or rewards. Crypto wallet makers are increasingly vying to become one-stop shops for crypto investors, so if convenience is a priority for you, you can opt for a wallet that serves numerous functions at once.