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Bitcoin Cash (BCH) exchanges for IC: buy, sell & swap

Bitcoin Cash (BCH) key market data:

  • type: Cryptocurrency
  • consensus: PoW
  • market cap: $7,228,173,373
  • market rank: #28
  • supply total: 21,000,000
  • supply available: 18,957,581
  • mineable
  • BCH/USD: $381.42 | BCH/EUR: €333.93

Bitcoin Cash is a Cryptocurrency, the network powered by PoW (consensus mechanism based on mining) algorithm. The original software was first released August 1st, 2017. The official Bitcoin Cash website is https://www.bitcoincash.org.

As of today, January 17th, 2022, out of totally available 21,000,000 BCH, 18,957,581 are in circulation. It's possible to mine bitcoin cashs. The total market capitalization of bitcoin cash is $7,228,173,373, the rank among other cryptocurrencies (based on the capitalization) is #28. The current rate of 1 BCH is $381.42 USD; converting to the national currency of Canary Islands, the rate is 333.93 EUR for 1 BCH. There are two currency codes for Bitcoin Cash: BCHABC and BCH, the latter is an "official" one and is used more often.

Bitcoin Cash is a cryptocurrency that appeared in the result of the fork of the Bitcoin network. According to the BCH creators, it "fulfills the original promise of Bitcoin as Peer-to-Peer Electronic Cash". Late 2017 the original bitcoin network started experiencing troubles with the capacity, which resulted in very long transaction processing time and unreasonably high processing fees (especially considering the price increase and adoption growth). Sometimes, when a sender chose to pay miner fees close to the minimal, it could take days for the transaction to be confirmed by the nodes. Bitcoin Core's scalability problem was a long debate in the community; most of the members participating in the development of Bitcoin Core agreed on implementing SegWit improvement to increase the capacity. A group of bitcoin activists, miners, entrepreneurs lead by Roger Ver, pushed forward an alternative plan to increase the block size.

According to this group, the Bitcoin Core development strategy aims to treat bitcoin as a digital investment rather than as a transactional currency. Increasing the block size limit from one to eight megabytes allows increasing the number of transactions the ledger can process. The plan met resistance; the opposing party argued that block since increase the capacity at the expense of an increase in storage and bandwidth requirements that could lead to centralization. The groups could not reach the consensus and the Bitcoin network was split in two as a result of the "hard fork".

Every BTC holder owning bitcoins at the time of the fork (block 478558) received the same amount of Bitcoin Cash. Further development of Bitcoin Cash software was realized by multiple independent teams. There is the Bitcoin Cash Development Fund (backed by community donations, managed and distributed by the FVNI Development Society) supporting Bitcoin ABC, BCHD, and BCash development groups.

  • 2018 Bitcoin Cash subsequently split into two cryptocurrencies, Bitcoin Cash and Bitcoin Cash SV (Bitcoin SV). Bitcoin Cash is sometimes also referred to as Bcash and BCHABC.

Top Bitcoin Cash exchanges

Bitcoin Cash is currently supported by 57% of exchanges (4 of 7) currently having active orders at ExchangeRates.Pro: 3 Exchange Brokers, and 1 P2P Marketplaces have offers, allowing you to buy and sell BCH. Let's check and compare which of these exchanges will suit you the best, dear visitor!

Our choice: the best exchange for Bitcoin Cash in Canary Islands

There are some worthy and undoubtedly good, trusted exchanges among the ones with BCH support. As a matter of fact, one of these, MagratuS broker is especially notable! Let's check out what makes the MagratuS a leading broker for purchasing and cashing-out BCH in Canary Islands:

MagratuS website: the home page in English

MAGRATUS is a Broker; the website was originally launched in May 2012. This is a fairly notable, a long-standing, settled, potentially interesting private dealer-exchanger. Broker works with 4 cryptocurrencies and tokens: BCHABC, BTC, ETH, XLM.

The customers are welcome to buy and sell coins and tokens with 3 national aka fiat currencies: EUR, RUB, USD. Totally 2 payment systems and banks are at your's disposal. The features that our users enjoy the most out of this nice service:

  • The way the exchange brokers like MagratuS operate is very safe for a user. The exchange doesn't store other people's money, there are no balances, accounts, etc. Once you've paid for an order, the crypto or fiat transfer would be delivered to your personal wallet or an account in bank or payment system. No worries about the hackers, etc!
  • The website has being online and operational for years; it started up 9 years and 7 months ago
  • The exchanger accepts the payments in 4 cryptocurrencies and 3 national ones. In total, you may choose from 2 online banks and payment systems. MagratuS can't offer anything else but the digital currencies exchange.
  • The limitations MagratuS sets for buy and sell operations are high indeed, one of the highest available on the market: $10.83 up to $41,524 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
  • The reviews from the users are very, very favorable and full of love, 100%, 3 out of 3 are very happy and pleased with their experience at MagratuS. As per the details we got from the real clients:
    • Customer care is exemplary, the best
    • The speed of the payments processing is lightning fast, instant
    • The KYC process is always super-fast

MagratuS currently provides 2 ways of purchase and sale Bitcoin Cashs in Canary Islands with the national currencies and the most exciting news are that the payments in Euros are possible:

  • Paypal, a payment system of e-wallet type.
  • Skrill, a payment system of e-wallet type.

Time to make a conclusion. Our platform of choice to exchange Bitcoin Cash is

MagratuS, rather a reputable broker, rated 62/100. Nice scoring and an interesting service, even if 58% of the services we compare got a higher rating. Let's break down why the magnatus.com exchange managed to get such rating and what does this mean:
Time in the business: 9 years 7 months
Feedback count: 3
Business model: no information available
Order Speed: instant
Support Quality: perfect
Verification Speed: instant
UI Usability: perfect

Overall MagratuS score: 62 / 100

Top two BCH exchanges to buy/sell in Canary Islands

Canary Islands flag

Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap bchabc with fiat (national) currencies. Here are the top two exchanges to buy and sell bitcoin cashs in Canary Islands:

  1. MagratuS a Broker established May, 2012. Great news! MagratuS supports your local currency Euro; feel free to use any of these 2 banks and payment systems to buy and sell Bitcoin Cash domestically:
    • Paypal (e-wallet). Can use for the purchasing and withdrawals likewise.
    • Skrill (e-wallet). Can use for the purchasing and withdrawals likewise.
    Nice! | 3 reviews, 100% positive
  2. AlfaCashier a Broker established May, 2012. Great news! AlfaCashier supports your local currency Euro; feel free to use any of these 1 banks and payment systems to buy and sell Bitcoin Cash domestically:
    • Visa & Mastercard (credit/debit cards). Can use for the purchasing and withdrawals likewise.
    Nice! | 2 reviews, 100% positive

The rest of safe, fast, easy to use BCH exchanges worldwide

exchanges worldwide

Besides the abovelisted great exchanges, serving Canary Islands and allowing domestic payments in Euro among other countries and currencies, there are also very good international ones among the websites exchanging bitcoin cashs. Hence if you need EUR|BCH exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Bitcoin Cash using other fiat currency, etc. or swap it with various coins and tokens, feel free to check this selection of top one highest-ranked BCH exchanges from all around the world:

  1. LocalBitcoins a P2P Marketplace started business June, 2013. A reputable company holding all the government permissions for doing business; is licensed, etc.

By the way, exchanges that accept IC, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell bitcoin cash using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either

  • find the best ones yourself from all offers available at our comparison @ ExchangeRates.Pro.
  • ...or just explore the great websites listed above to find out which one you prefer!

Where to buy BCH

Are you looking for the best place to buy bitcoin cashs? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell BCH, based on your location and preferences.

Where can you buy BCH in Canary Islands

At this moment, there are 8 offers to buy Bitcoin Cash in Canary Islands. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:

  • Visa & Mastercard in EUR, although can be used in any currency: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 5 times
  • Skrill in EUR: payments by e-wallet. A global payment system, available worldwide. Offered 2 times
  • Paypal in EUR, although can be used in any currency: payments by e-wallet. Can be also paid from some other countries. Offered 1 times

Easiest, safest, fastest ways to buy bch worldwide

We've compared a lot of offers to find the top ones; right now we have 7 ways for you to purchase bitcoin cash available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with Euro, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase BCH crypto:

  • SWIFT Transfer in EUR Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. Canary Islands, etc. are covered. Suggested in 3 offers
  • Advanced Cash in EUR an international payment system. This way to send fiat money will work worldwide. Canary Islands, etc. are covered. Suggested in 2 offers
  • ePayments in EUR an international payment system. This way to send fiat money will work worldwide. Canary Islands, etc. are covered. Suggested in 1 offers
  • Etana in EUR from 217 countries: an international payment system. A multi-country payment system. Suggested in 1 offers

Where to sell BCH

Even the greatest BCH HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell bitcoin cashs to Euro and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.

Where can you sell BCH in Canary Islands

There are currently 6 opportunities to cash out your bitcoin cash coins in IC. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in Canary Islands prefer to exchange bitcoin cash to fiat:

  • Visa & Mastercard in EUR, works with several currencies: you will receive money using the Credit/Debit Cards. Can also send money to any other location. Be careful with such payments at the P2P marketplaces! This type of transfer can be reversed! Proposed by 3 buyers
  • Skrill in EUR: you will receive money using the e-wallet. Can also send money to any other location. Proposed by 2 buyers
  • Paypal in EUR, works with several currencies: you will receive money using the e-wallet. Besides, you can transfer money to other countries. Be careful with such payments at the P2P marketplaces! This type of transfer can be reversed! Proposed by 1 buyers

Easiest, safest, fastest ways to sell BCH worldwide

Sometimes you may need to transfer the money to another country. If you are holding BCH, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 7 options to out-exchange the bchabc to fiat; the most frequently used banks, money transfer operators and global payment systems are:

  • SWIFT Transfer in EUR, can be also used with any of other currencies; to any country in the world including Canary Islands, etc: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 2 deals
  • Advanced Cash in EUR to any country in the world including Canary Islands, etc: a global payment method. You can transfer money wherever you need! Suggested in 3 deals
  • ePayments in EUR to any country in the world including Canary Islands, etc: a global payment method. You can transfer money wherever you need! Suggested in 1 deals
  • Etana in EUR to 217 countries: a global payment method. Suggested in 1 deals

Where to swap BCH

Did you know that it's possible to exchange BCH to 43 other cryptocurrencies? It's possible to convert Bitcoin Cash to/from 88% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 158 swap possibilities with BCH and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap BCH with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:

  • Bitcoin (BTC): that's a popular Cryptocurrency. There are 17 proposals (7 allow to convert from BCH to BTC and 10 that are converting in opposite direction.
  • Tether (USDT): that's a popular Stablecoin. There are 12 proposals (6 allow to convert from BCH to USDT and 6 that are converting in opposite direction.
  • Ether (ETH): that's a popular Cryptocurrency. There are 8 proposals (4 allow to convert from BCH to ETH and 4 that are converting in opposite direction.
  • USD Coin (USDC): that's a popular Stablecoin. There are 6 proposals (3 allow to convert from BCH to USDC and 3 that are converting in opposite direction.
  • Binance Coin (BNB): that's a popular Cryptocurrency. There are 6 proposals (3 allow to convert from BCH to BNB and 3 that are converting in opposite direction.
  • TrueUSD (TUSD): that's a popular Stablecoin. There are 4 proposals (2 allow to convert from BCH to TUSD and 2 that are converting in opposite direction.
  • Ripple (XRP): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from BCH to XRP and 2 that are converting in opposite direction.
  • Dash (DASH): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from BCH to DASH and 2 that are converting in opposite direction.
  • Uniswap (UNI): that's a popular Token. There are 4 proposals (2 allow to convert from BCH to UNI and 2 that are converting in opposite direction.
  • Stellar (XLM): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from BCH to XLM and 2 that are converting in opposite direction.

Similar cryptocurrencies, that can overcome Bitcoin Cash:

Ether Classic (ETC)

  • rank: #41
  • type: Cryptocurrency

Monero (XMR)

  • rank: #42
  • type: Cryptocurrency

Bitcoin SV (BSV)

  • rank: #69
  • type: Cryptocurrency

Zcash (ZEC)

  • rank: #83
  • type: Cryptocurrency

Dash (DASH)

  • rank: #91
  • type: Cryptocurrency