# How to Buy Bitcoin Cash (BCH) in Australia > Learn how to buy Bitcoin Cash (BCH) in Australia with PayID or bank transfer, plus what Bitcoin Cash is, how its network works and how to store BCH safely. This guide walks you through how to buy Bitcoin Cash (BCH) safely in Australia, from opening and verifying an account to moving your coins into self-custody. It then explains what Bitcoin Cash is, how its larger-block network works, where it came from and what it is used for. This is general information only and not a recommendation; always do your own research before buying any cryptocurrency. 2017 Established 4.80 / 5 Rated AU Australian-Based Customer Support Get started ## How to Buy Bitcoin Cash Safely in Australia: 3 Easy Steps To buy Bitcoin Cash in Australia on Digital Surge: create a free account, verify your ID, deposit AUD by PayID or bank transfer, then place your BCH order at the live price. The whole process usually takes about five minutes. 1. ### Create and verify your account Sign up with your email, then verify your identity with an Australian ID document such as a driver's licence or passport. Turn on two-factor authentication while you're there. 2. ### Deposit AUD Fund your account with PayID for a near-instant transfer, or use a standard bank transfer from your Australian bank account. There are no deposit fees either way. 3. ### Buy Bitcoin Cash Search for Bitcoin Cash (BCH), enter the amount of AUD you want to spend, review the order details and fee, then confirm. Your BCH appears in your balance straight away. On this page 1. How to Buy Bitcoin Cash Safely in Australia: 3 Easy Steps 2. What is Bitcoin Cash? 3. Bitcoin Cash at a glance 4. How to Store Bitcoin Cash Securely 5. FAQs Chapter 02 ## What is Bitcoin Cash? Bitcoin Cash (BCH) is a peer-to-peer electronic cash system designed for fast, low-cost payments that settle directly between people, without a bank in the middle. It runs on its own Layer-1 blockchain and uses the same proof-of-work security model as Bitcoin, but with much larger blocks so more transactions fit into each one. Its goal is to work as practical digital cash for everyday spending. Bitcoin Cash came about in August 2017, when part of the Bitcoin community wanted to scale the network by enlarging blocks rather than adopting the SegWit upgrade. That disagreement led to a chain split on 1 August 2017, and Bitcoin Cash began as a separate coin with its own rules. It kept Bitcoin's SHA-256 proof-of-work and lifted the block size limit, first to 8MB and later to 32MB, giving each block far more room for transactions. - **Chain:** its own Layer-1 network, forked from Bitcoin in 2017. - **Consensus:** proof-of-work using the SHA-256 algorithm, the same as Bitcoin. - **Block size:** raised to 8MB then 32MB for higher transaction capacity. - **Focus:** low-cost, everyday peer-to-peer payments. - **Origin:** launched via the Bitcoin ABC software, with no single named founder. ### Where did Bitcoin Cash come from? Bitcoin Cash has no single founder in the way many coins do. It grew out of a long-running debate among Bitcoin developers, miners and businesses over how best to let the network handle more transactions. When agreement could not be reached, one side implemented larger blocks and launched Bitcoin Cash using the Bitcoin ABC client. A later disagreement in 2018 produced a further split, creating a separate coin called Bitcoin SV, while Bitcoin Cash carried on along its own path. ### How does the Bitcoin Cash network work? Bitcoin Cash settles its own transactions on a native Layer-1 chain, so BCH is not a token hosted on another network. Miners secure the chain with SHA-256 proof-of-work, the same algorithm Bitcoin uses, competing to add each new block. The key difference is capacity: because blocks are much larger, the network can confirm more payments at once and keep transfer costs very low, often a fraction of a cent, which is what makes it suited to small, frequent transactions. ### What is Bitcoin Cash used for? Bitcoin Cash is built to be spent. Its low fees and quick confirmations make it practical for everyday purchases, remittances and merchant payments, and a number of businesses accept it through payment processors, including retailers reachable via BitPay such as Newegg and Namecheap. A 2023 upgrade called CashTokens added the ability to issue tokens and NFTs directly on the chain, extending what developers can build on Bitcoin Cash beyond simple payments. This is general information only, not advice. ### Can you stake Bitcoin Cash? No. Bitcoin Cash cannot be staked, and staking is not offered for BCH on Digital Surge. Like Bitcoin, it is secured by miners doing proof-of-work rather than by participants locking up coins, so there is no staking built into the protocol. On Digital Surge, BCH is tradeable and swaps-enabled, but not available for staking. ### Things to consider before buying Bitcoin Cash Cryptocurrency is volatile, and the AUD value of Bitcoin Cash can move sharply up or down over short periods, so the value of what you hold may change quickly. Digital assets are not covered by government guarantees the way bank deposits are. If you self-custody, transfers on the blockchain generally cannot be reversed, so always confirm the address before sending. This is general information only and not a recommendation. Consider your own circumstances and do your own research before buying, and speak to a qualified professional about tax. ### Why Buy Bitcoin Cash? Many Australians hold Bitcoin Cash because it aims to work as practical, low-cost electronic cash, it confirms payments quickly using larger blocks, and it carries on the peer-to-peer payment idea set out in Bitcoin's original whitepaper. Digital Surge lets you buy BCH with AUD via PayID or bank transfer, with Australian-based support. This is general information only and not a recommendation; consider your own circumstances before buying any cryptocurrency. ### Buying Bitcoin Cash in Australia: the quick recap To buy Bitcoin Cash in Australia on Digital Surge: create a free account, verify your ID, deposit AUD via PayID or bank transfer, then buy Bitcoin Cash. The whole process takes about five minutes, and your Bitcoin Cash is held safely in your Digital Surge wallet. ### Learn more about Bitcoin Cash On Digital Surge you can [see the live Bitcoin Cash price and BCH to AUD converter](/buy/bch/), see other coins in the [Layer 1](/categories/layer-1/) category, or read [what cryptocurrency is](/education/what-is-cryptocurrency/) before you buy Bitcoin Cash in Australia. Chapter 03 ## Bitcoin Cash at a glance Market rank Market cap Volume (24h) Circulating supply 1 BCH = AUD [See the live chart and buy BCH →](/buy/bch/#price) All figures in AUD · refreshed live on this page · last built 24 Aug 2026 Chapter 04 ## How to Store Bitcoin Cash Securely Once you buy Bitcoin Cash in Australia on Digital Surge, you can store it securely in your Digital Surge wallet for easy access and trading. For additional security, you can transfer your BCH to: ### Exchange custody: convenient for buying and smaller balances On Digital Surge your Bitcoin Cash can stay in exchange custody, where the platform holds the private keys for you. This is convenient for buying, swapping and smaller balances, and you keep it safe with a strong, unique password and two-factor authentication instead of managing a seed phrase yourself. ### Self-custody wallets: full control of your keys For full control you can move your BCH to a self-custody wallet you own, either a Bitcoin Cash compatible software wallet or a hardware wallet that keeps your keys offline. Send only over the Bitcoin Cash network and use a current BCH (CashAddr) address, since sending to a Bitcoin address will not work, and hardware wallets suit larger, longer-term holdings. ### Protect your recovery phrase and check the address If you self-custody, write your recovery phrase down, keep it offline and never share it with anyone. Double-check the BCH address every time before you send, because on-chain transfers cannot be reversed, and remember that Digital Surge staff will never ask for your recovery phrase. Chapter 05 ## Frequently Asked Questions Is Bitcoin Cash legal in Australia? Yes. Buying, holding and selling Bitcoin Cash is legal in Australia, and cryptocurrency exchanges operating here must meet Australian know-your-customer and anti-money-laundering obligations, which is why you verify your identity when you sign up. Digital Surge is an Australian exchange. How is Bitcoin Cash different from Bitcoin? Both share the same proof-of-work security and much of the same origin, but they made different scaling choices. Bitcoin Cash raised its block size so more transactions fit in each block, which keeps fees low and suits everyday payments, while Bitcoin kept smaller blocks and added other upgrades. They are separate networks with separate coins, BCH and BTC. Is Bitcoin Cash the same as Bitcoin SV? No. Bitcoin SV (BSV) is a separate coin that split away from Bitcoin Cash in 2018 after a further disagreement over the network's direction. Since then the two have run as independent chains with their own rules and communities. On Digital Surge you buy BCH, which is Bitcoin Cash, not Bitcoin SV. Do I need a wallet to buy Bitcoin Cash? No. When you buy BCH on Digital Surge it is held for you in exchange custody, so you can begin without setting up your own wallet. If you prefer to control your own keys, you can withdraw your Bitcoin Cash to a self-custody software or hardware wallet that supports the BCH network at any time. How do I deposit AUD to buy Bitcoin Cash? You can deposit AUD using PayID or bank transfer, both with zero deposit fees. PayID deposits typically clear quickly, so your funds are ready to use in minutes. Do I need to verify my ID? Yes, in compliance with Australian regulations, all users complete a quick identity verification. Most verifications are approved within minutes, so you can get started fast. [See the live BCH chart first →](/buy/bch/#price) About the author The Digital Surge Editorial Team Our editorial team writes and reviews Digital Surge's crypto and finance guides, pairing plain-English explanations with the practical experience of running an [Australian cryptocurrency exchange](/about-us/). We keep every guide accurate, current and easy to act on. [Read our editorial guidelines ›](/editorial-guidelines/) 400+ Cryptocurrencies & Counting ## What Other Tokens Can I Buy? Digital Surge lists more than 400 cryptocurrencies alongside Bitcoin Cash. A few related coins to explore: [Guide Bitcoin (BTC) The world's first and most widely adopted cryptocurrency. Read the guide →](/how-to-buy-bitcoin/)[Guide Ethereum (ETH) A global platform for decentralised apps and smart contracts. Read the guide →](/how-to-buy-ethereum/)[Guide Binance Coin (BNB) The utility token powering the Binance exchange ecosystem. Read the guide →](/how-to-buy-binance-coin/)[Guide XRP (XRP) Fast, low-cost digital payments for global transactions. Read the guide →](/how-to-buy-xrp/)[Guide Solana (SOL) High-speed blockchain built for scalable decentralised apps. Read the guide →](/how-to-buy-solana/) ## Ready to buy Bitcoin Cash? --- *Source: [How to Buy Bitcoin Cash (BCH) in Australia](/how-to-buy-bitcoin-cash/) · Last updated: 2026-07-09*