Accept Bitcoin Cash Payments
Your customers will be able to pay via BCH for your goods and services
What Is Bitcoin Cash?
Bitcoin Cash (BCH) is a hard fork of Bitcoin which came into effect in August 2017. Increasing fees on the Bitcoin network had contributed to a move by the community to create a hard fork to increase the block size to 8MB. The situation had previously favoured those who saw Bitcoin as a digital investment rather than as a transactional currency. After the hard fork was executed, the Bitcoin Cash upgrade made Bitcoin usable as cash again. In 2018 Bitcoin Cash subsequently split into two cryptocurrencies; Bitcoin Cash (BCH) and Bitcoin SV.
Bitcoin Cash transaction fees are very low and transaction times are fast. Its team of developers continue to carry out upgrades to make Bitcoin Cash the best payment method in the world. The decentralized development also keeps Bitcoin Cash resistant to political and social attacks on protocol development. With a strong roadmap, Bitcoin Cash’s future is bright and as a result, it is becoming a more popular payment method than ever.
Bitcoin Cash has cheaper transfer fees than Bitcoin, so making transactions in this way saves money. For this reason Bitcoin Cash has seen an upward trend, making it the fourth ranked coin on Coinmarketcap. Bitcoin Cash also offers fast transaction times so it stands to reason that the numbers of people wanting to use BCH to make payments for goods or services has been rising.
To cater for the needs of those looking to accept Bitcoin Cash payments, there are special providers who specialise in facilitating the transaction process. This is enabled via a Bitcoin Cash gateway, a decentralised payment platform which allows merchants to accept Bitcoin Cash transactions at a lower cost, and faster than Bitcoin.
How to Get Started
Gateway Integration, Merchant API, Payment Button
Plisio service allows you easily to get payments in the most popular cryptocurrencies, including Bitcoin Cash. And to make operations easier, all received payments are automatically calculated in EUR / USD or in BCH, depending on the parameters you set.
To integrate our payment gateway on your site, choose:
- One of the ready-made Plisio integrations for e-commerce content management systems or web-billing platforms
- API for a developer that can be customized for any website and other platforms
- Payment buttons for accepting donations or simple payments (for example, if you sell only one or a few products)
To start accepting Bitcoin Cash, as well as Ethereum, Litecoin and other cryptocurrencies, first sign up. Then create API credentials if you are going to use our e-commerce plug-ins or APIs. If not, just create your payment button.
To keep all payments received in a cryptocurrency (i.e. receive payments in bitcoin cash) on Plisio, verification is not required.
Accept Cryptocurrency Payments in 4 Simple Steps
Frequently Asked Questions
Bitcoin Cash (BCH) is a cryptocurrency that was created in 2017 as a fork of the original Bitcoin blockchain. The goal of Bitcoin Cash was to increase the block size limit of the Bitcoin blockchain from 1 MB to 8 MB, in order to allow for faster and more affordable transactions.
Bitcoin Cash operates using a decentralized ledger and a consensus mechanism similar to that of Bitcoin. However, there are some key differences between the two cryptocurrencies, including their block size limit, transaction processing speed, and overall approach to scaling.
Bitcoin Cash has since established itself as one of the largest and most widely used cryptocurrencies, and it is accepted by a growing number of merchants and businesses. Some see it as a more accessible and user-friendly version of Bitcoin, while others see it as a more speculative investment. Regardless of your perspective, it's important to thoroughly research and understand the specific features and risks of Bitcoin Cash before investing in or using this cryptocurrency.
Sending Bitcoin Cash (BCH) from your Plisio wallet to another wallet is a straightforward process. Here's a general outline of the steps you'll need to follow:
- Log in to your Plisio account: Go to the Plisio website and log in to your account using your username and password.
- Access your BCH balance: Once you're logged in, you should be able to view your BCH balance in your Plisio account.
- Initiate a transfer: To send BCH from your Plisio account to another wallet, you'll need to initiate a transfer. Look for the "send" or "withdraw" option in your account dashboard and select it.
- Enter the receiving address: You'll then need to enter the BCH receiving address for the wallet you want to send the funds to. This address is a string of letters and numbers that is unique to the receiving wallet, and it allows the network to know where to send the BCH.
- Confirm the transaction: Before the BCH is sent, you'll need to confirm the transaction by entering your password or providing other authentication information as prompted by Plisio.
- Monitor the transaction: Once the transaction has been confirmed, the BCH will be sent to the receiving address. You can monitor the status of the transaction in your Plisio account or in the receiving wallet, and you should receive a confirmation once the BCH has been successfully transferred.
It's important to note that the exact process for sending BCH from your Plisio account may vary slightly depending on the specific features offered by the platform. If you have any questions or encounter any issues, it's best to consult the Plisio documentation or support team for assistance.
Plisio only operates with crypto assets and does not support bank transfers or PayPal, then the only way to cash out your Bitcoin Cash (BCH) from your Plisio wallet would be by transferring it to another cryptocurrency wallet or exchange that supports BCH. Here's a general outline of what you'll need to do:
- Log in to your Plisio account: Go to the Plisio website and log in to your account using your username and password.
- Access your BCH balance: Once you're logged in, you should be able to view your BCH balance in your Plisio account.
- Find a BCH-compatible wallet or exchange: Do some research to find a cryptocurrency wallet or exchange that supports BCH and that you feel comfortable using. You may need to create an account on the new platform if you haven't already done so.
- Send your BCH to the new wallet or exchange: In your Plisio account, initiate a transfer of your BCH to the new wallet or exchange using the BCH address provided by the new platform.
- Sell your BCH: Once your BCH has been transferred to the new wallet or exchange, you should be able to sell it for another cryptocurrency or, if the platform supports it, for fiat currency (such as USD, EUR, or GBP). The process for selling BCH will vary depending on the platform you're using, so be sure to follow the instructions provided by the platform.
It's important to keep in mind that transferring cryptocurrencies, including BCH, can involve some risk, including the risk of loss or theft. Make sure to thoroughly research and understand the risks involved before proceeding with any cryptocurrency transactions.
You can buy Bitcoin Cash (BCH) in a few different ways. Here are the most common methods:
- Buy BCH on a cryptocurrency exchange: A cryptocurrency exchange is an online platform where you can buy, sell, and trade cryptocurrencies, including BCH. To buy BCH on an exchange, you'll need to create an account, verify your identity, and link a payment method, such as a bank account or debit/credit card. Some popular exchanges that support BCH include Binance, Kraken, and Coinbase.
- Buy BCH from a peer-to-peer marketplace: A peer-to-peer marketplace is a platform where you can buy and sell cryptocurrencies directly from other users. To buy BCH from a peer-to-peer marketplace, you'll typically need to create an account, search for a seller that offers BCH, and complete the transaction using a payment method that both you and the seller agree on. Some popular peer-to-peer marketplaces include LocalBitcoins and Paxful.
- Buy BCH using a cryptocurrency ATM: A cryptocurrency ATM is a machine that allows you to buy and sell cryptocurrencies using cash. To buy BCH using a cryptocurrency ATM, you'll typically need to find an ATM that supports BCH, insert cash into the machine, and complete the transaction using the machine's interface.
Regardless of which method you choose, make sure to thoroughly research and understand the risks involved before proceeding with any cryptocurrency transaction, including buying BCH.
To accept Bitcoin Cash donations, you can use a cryptocurrency payment gateway service like Plisio, which provides a simple way to accept multiple cryptocurrencies including Bitcoin Cash. Here's how you can accept Bitcoin Cash donations using Plisio:
- Create an account on the Plisio website.
- Once you're logged in, click on the "Payment Buttons" tab in the top menu.
- Choose "Donation" as the button type and select "Bitcoin Cash (BCH)" as the cryptocurrency to accept.
- Customize the donation button with the desired settings such as amount, language, and currency conversion.
- Copy the HTML code of the button and paste it on your website or blog where you want to accept Bitcoin Cash donations.
When someone clicks the donation button, they will be redirected to the Plisio payment page where they can send their Bitcoin Cash payment. Once the payment is confirmed on the blockchain, Plisio will automatically send the funds to your specified wallet address.
Start Accepting Bitcoin Cash
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