Before making any decisions around buying, selling, or converting crypto, it’s always important to check current price listings to make sure you’re getting the most out of every transaction. Rather than finding out what the exchange rate is at the point of purchase, using the bitcoin cash price calculator on CEX.IO can help you identify how much you stand to spend or make before you commit to the transaction.
Follow along below to learn more about price calculators and where to find them in the CEX.IO ecosystem. While you can find a price calculator for most cryptocurrencies, this outline will primarily focus on how to use one with bitcoin cash, but know that you can repeat the process for virtually any crypto.
What is a Bitcoin Cash Price Calculator?
Whether you trade daily or casually, it’s always prudent to consult a crypto price calculator before you make any transactions. A crypto price calculator helps you determine the exchange rate between a given crypto and a fiat currency, without the risk of inadvertently buying or selling cryptocurrency.
If you want to look up the dollar to bitcoin cash conversion rate, cryptocurrency exchanges like CEX.IO offer price calculators to provide these essential services. When you’re trying to decide how much bitcoin cash to buy, or when to sell bitcoin cash to secure the best rates, using a bitcoin cash value calculator can help you ballpark your bitcoin cash profitability.
How does a Bitcoin Cash Convertor Work?
A bitcoin cash convertor, or price calculator, works by providing real-time exchange rates for the values you enter into each side of the equation. By pulling crypto priceslive from the CEX.IO exchange, a price calculator can be made to function as a BCH to USD converter, and you can learn how much bitcoin cash is worth in U.S. dollars.
Getting in the habit of using a price calculator before you buy or sell crypto is a great way to temper impulsive trading, while still giving you the most up to date information. That way, you can make the most informed decision before putting your money on the line.
How to Use the BCH to USD Converter
Much like a foreign language translator, a crypto price calculator functions in a very similar manner. Say you wanted to know the BCH to USD rates before you made a transaction. Follow along to learn how to use a price calculator as a bitcoin cash USD converter:
- Go to the CEX.IO bitcoin calculator.
- On the left, select the cryptocurrency you’re converting to BCH.
- On the right, choose how you’d like your BCH represented. We have USD, EUR, GBP, BTC, and USDT as your currency options. For the sake of this tutorial, choose USD.
- You will automatically see the current conversion rate displayed in each of the boxes above their currency type.
- If the exchange rate is satisfactory to you, click Buy Now to explore our Instant Buy services and buy bitcoin cash.
What are BCH to USD rates?
While the cryptocurrency ecosystem is notorious for price volatility, a price calculator can help you track your digital assets as they contend with the whims of the market. Because prices are constantly in flux, it’s important to have a tool you trust to provide you with t he most accurate information when you need it the most.
So before you decide to buy bitcoin, buy bitcoin cash, or sell ethereum, check the crypto prices live and make sure the conditions are right before initiating a transaction.
Why should you invest in bitcoin cash?
BCH is a hard fork derived from bitcoin’s blockchain that combines some hallmarks of the original protocol with improved speed and functionality. While the name r ecognition alone is often enough for users trying to diversify their digital portfolios, it’s always helpful to have a better understanding of a given crypto before choosing to buy.
What is bitcoin cash and how does it work?
Bitcoin cash is a Peer-to-Peer payment system and a hard fork from the original bitcoin blockchain. Though it utilizes the same Proof-of-Work consensus framework and hard cap of 21 million coins in total, Bitcoin Cash is built on larger blocks allowing for faster and cheaper transactions.
Much like the Ethereum blockchain network, Bitcoin Cash is built to support smart contracts and dApps that make smaller transactions even more efficient. In essence, BCH combines the scarcity of bitcoin with the flexibility of quick cash transactions.
What to think about before investing
While you should always account for risk before deciding to purchase crypto, sticking to more established digital assets is a common practice to help mitigate that uncertainty. Although BCH is different from BTC, the name recognition, expanded use cases, and scarcity all speak to its potential for longevity.
However, before considering buying into a hard fork of any digital asset, it’s always important to research and understand why that fork occurred. Since these events denote a break or deviation from an established blockchain, it’s imperative to understand how the fork could impact the long-term, overall health of the network.
That being said, the ability for BCH to support smart contracts suggests a wealth of untapped potential for developers and users alike currently participating in the network. While it’s impossible to predict how these communities will develop, having the space and means to create is more than half the battle.
How to buy bitcoin cash (BCH) with a credit card.
Now that you know a little bit more about bitcoin cash, let’s use the CEX.IO bitcoin cash price calculator to buy BCH:
- Go to the CEX.IO bitcoin calculator.
- On the left, change the cryptocurrency you’re converting to BCH.
- On the right, choose how you’d like your BCH represented. We have USD, EUR, GBP, BTC, and USDT as your currency options. For the sake of this tutorial, choose USD.
- You will automatically see the current conversion rate displayed in each of the boxes above their currency type.
- If the exchange rate is satisfactory, click Buy Now to explore our Instant Buy services and buy bitcoin cash.
From the Instant Buy page on CEX.IO:
- Go to the Instant Buy page.
- Scroll through the Buy menu on the left and select BCH.
- Select the currency you wish to use to purchase BCH. Please note that USD is often the default currency.
- From there, select the amount of BCH you wish to purchase. Instant Buy will provide some popular amounts or you can choose your own using the window on the far right. Continue with the transaction by clicking Buy.
- On the next screen, choose the payment method you wish to use, and confirm the current exchange rates.
- If you’re satisfied with the pricing, enter your CVV/CVC code, click the box to confirm you understand the terms and conditions of the transaction, then click Buy Now to complete the purchase.
Now you know how to use a crypto price calculator, and how to buy BCH using CEX.IO’s Instant Buy services. Please note that if you want to buy bitcoin or buy ethereum, you can repeat the same process and select your desired crypto.
Since crypto prices fluctuate on a moment’s notice, exchange rates are recalculated every two minutes to stay as current as possible. Therefore, once you decide you’re ready to buy or sell crypto, it’s important to have your payment methods ready so you can execute your transactions in a timely manner, and always trade at the right prices. Using CEX.IO Wallet services is a great way to organize both your crypto and payment methods, all in one convenient location.