Buy Bitcoin Cash in Canada

Bitcoin Cash made simple

Everything you need to know about Bitcoin Cash and how to start investing in it.

Current Price

$524.48 CAD

+$21.00 (4.17%) past 24 hours

Market Cap The value of the entire supply of a specific cryptocurrency or token. It’s calculated by taking the price of a coin/token and multiplying it by the total number of that coin/token in circulation.: $10,245,604,607.95
Circulating Supply The amount of coins that have already been created and are available in the market.: $19,738,174.9
Total Supply The total amount of coins currently in existence minus any coins that have been burned or removed from circulation.: $19,738,174.9
24h low - high range Low-high range over the past 24 hours.: $474.42 - $524.88
7 day low - high range Low-high range over the past 7 days.: $462.98 - $560.71
52 week low - high range Low-high range over the past 52 weeks.: $217.59 - $989.10

Bitcoin Cash 101

True to its name, Bitcoin Cash (BCH) aims to be a more spendable, cash-like version of Bitcoin.

It all started as a result of some internal debate within the Bitcoin community. In a nutshell: some folks thought that Bitcoin’s blockchain was too slow (and therefore too expensive to run).

So one group of developers worked on an alternative way for Bitcoin to scale. Instead of sticking to Bitcoin’s traditional size of 1 MB per block, what if the block size increased to 8 MB, making Bitcoin 8x as capable of processing transactions? This, theoretically, would optimise it for payments.

But support for the idea was mixed. Instead of trying to make this change happen on Bitcoin’s existing blockchain, the group of devs forked from Bitcoin to form Bitcoin Cash in August 2017.

Why Wealthsimple Crypto?

Wealthsimple Crypto lets you buy and sell cryptocurrencies all in one easy-to-use app. And as Canada’s first regulated crypto platform, you can trust that your coins are in good hands. How simple is it?

Sign up in minutes right from your phone or laptop
Start trading crypto with as little as $1
No account minimums
No clunky dashboards — just one super simple app
Best of all: you don’t need to be an expert in crypto or blockchain to get started

Get started with Crypto

What can you do with Bitcoin Cash?

Since BCH aims to be more consumer-friendly, its use cases are pretty similar to traditional currency — only more anonymous and secure (like most cryptocurrencies).

You can send BCH anywhere in the world without conversion (kinda like borderless currency) or you can use it for small everyday transactions.

Think of Bitcoin Cash like a credit card or a debit account — you can use it for your morning coffee or sending money to friends, but you wouldn’t use it to buy a home.

Is Bitcoin Cash a smart investment?

Crypto carries risks — but generally speaking, our advice (regardless of whether you’re investing in Bitcoin Cash or stocks) is: never invest what you can’t afford to lose. The smartest way to grow your money long term is with a diversified, low-cost portfolio that tracks the market.

How we keep your Bitcoin Cash safe

As Canada’s first regulated crypto trading platform, we’re required to meet certain requirements — like using only qualified custodians (like Coinbase Custody) for cold storage.

FYI: Wealthsimple Crypto is not an exchange itself. Instead, we work with multiple exchanges to give you the best Bitcoin Cash prices.

And to make sure your coins are extra protected, we’ve partnered with Coincover for an extra layer of security.

If you’re holding crypto outside of Wealthsimple, that’s no problem. You can safely transfer your Bitcoin Cash to your Wealthsimple account in just a few taps.