How to buy Bitcoin Cash ABC (BCHA) in Australia

Learn how to buy Bitcoin Cash ABC (BCHA) easily by following a step-by-step guide and compare 10+ crypto exchanges.

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How to buy Bitcoin Cash ABC

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Bitcoin Cash ABC.

  1. Open an account on an exchange that supports BCHA.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Bitcoin Cash ABC.
  3. Buy Bitcoin Cash ABC.
    Complete your Bitcoin Cash ABC purchase and then find the best wallet to store BCHA.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Bitcoin Cash ABC?

Bitcoin Cash ABC (BHCA) was created as a hard fork from Bitcoin Cash, due to disagreement in the community regarding management and development direction. Interestingly, Bitcoin Cash was a hard fork from the original Bitcoin, where the network’s government was also split on development direction. According to Investopedia, Bitcoin Cash ABC naturally shares a number of elements with Bitcoin Cash. Both intend to develop a cryptocurrency that is accessible and tradeable while addressing the scalability and speed issues of Bitcoin. What makes Bitcoin Cash ABC unique is the "coinbase rule". The coinbase rule adds a tax to those mining Bitcoin Cash ABC. 8% of all BCHA mined are distributed back into the ecosystem, allowing for a self-sustaining network. 50% of this "tax" is given to developers for protocol operation and the remainder is used in a governance system called the Global Network Council. BCHA tokens are native to the Bitcoin Cash ABC network. They can be used for certain integrated applications as a form of economy, and they can be used to vote on governance. There is a high entry-level stake required to gain voting power.

Bitcoin Cash ABC (BCHA) is the 78th largest cryptocurrency in the world by market cap, valued at $2,231,859,252. The current price of Bitcoin Cash ABC is $118.75, which is 0.079% higher than yesterday. Prices have ranged between $123.31 and $115.21 over the past 24 hours. All prices are listed in US dollars and accurate as of November 29, 2021 09:11 UTC.

Where to buy Bitcoin Cash ABC

Find an exchange to buy, sell and trade BCHA by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

271
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

865
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

453
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit\/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

231
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Bithumb Cryptocurrency Exchange
Cryptocurrency
KRW

197
cryptocurrencies

A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies.
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Is it a good time to buy Bitcoin Cash ABC?

The technical analysis gauge for Bitcoin Cash ABC displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Bitcoin Cash ABC based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Bitcoin Cash ABC: moving averages, oscillators and pivots. Finder is not responsible for how BCHA performs.


Bitcoin Cash ABC at a glance

Information last updated November 29, 2021 09:11 UTC.
Coin symbol BCHA
Coin Marketcap US$2,231,859,252
Total BCHA supply 21,000,000
Circulating BCHA 18,794,058
Current price US$118.75
All time high US$378.12
Notable team members Amaury Séchet
Industry Cryptocurrency
Token uses Cryptocurrency
Network Bitcoin Cash ABC

Bitcoin Cash ABC price performance over time

Historical prices compared with the price of US$118.75.

1 hour -1.44%
24 hours 0.08%
7 days -8.32%
14 days -29.10%
30 days -17.24%
60 days -54.20%
200 days 196.91%
1 year 573.18%

How to sell Bitcoin Cash ABC

You can cash out your BCHA with the same exchange you bought it through:

  1. Sign in to the exchange you have BCHA on.
    If you store your Bitcoin Cash ABC in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of BCHA you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Bitcoin Cash ABC.

What to consider when buying Bitcoin Cash ABC

As a second derivative from Bitcoin, there are certain risks associated with BCHA that should be considered. Before purchasing any coins, here are a few things worth thinking about:
  • Competition. The first derivative, Bitcoin Cash, was originally created to re-focus Bitcoin away from a store of value and back towards a transactional network. Bitcoin Cash ABC follows this same philosophy but now implements a few fundamental differences. Bitcoin, Bitcoin Cash and Bitcoin Cash ABC are, technologically, very similar, which means they all compete for the same market share.
  • Availability. Bitcoin Cash ABC is an accessible token that is available on most popular exchanges such as Binance and CoinEx. BCHA can be traded against fiat currencies, as well as stablecoins.
  • Governance. There is a high barrier for entry for voting on governance proposals. As a result, the majority of voting power is distributed between miners, high-volume token holders and developers. While this does impact the goal of decentralisation, it does mean that governance will be assessed by those with a greater stake and clear understanding of the network.

Disclaimer: Cryptocurrencies, including Bitcoin Cash ABC, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BCHA is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Bitcoin Cash ABC or any other cryptocurrency discussed.


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