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Convert
Korean Won (KRW) to Bitcoin Cash (BCH) Instantly

KRW KRW
BCH BCH
Buy Bitcoin Cash (BCH)

Purchase Bitcoin Cash (BCH) with Korean Won (KRW) easily at Switchere and benefit from fast, secure transactions.

About
Bitcoin Cash (BCH)

Bitcoin Cash (BCH) is a decentralized cryptocurrency that emerged as a fork from Bitcoin in 2017 to address Bitcoin’s scalability issues, aiming to support faster transactions and lower fees. Designed to be more efficient for day-to-day transactions, BCH increased block size limits from Bitcoin's 1MB to 8MB initially, later expanding further to 32MB, allowing the network to handle a higher volume of transactions at a lower cost. Its ecosystem includes wallet support, merchant adoption, and cross-border payments, making BCH a practical alternative for peer-to-peer digital transactions. Bitcoin Cash has also fostered a community focused on preserving the original vision of Bitcoin as "peer-to-peer electronic cash," prioritizing usability in payments over the store-of-value narrative that Bitcoin has adopted. Its robust development team continues to innovate with features such as Schnorr signatures and new smart contract capabilities, making BCH a unique asset in the cryptocurrency landscape.
Bitcoin Cash (BCH)

How to Buy Bitcoin Cash (BCH)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose KRW to BCH Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your Bitcoin Cash Wallet Address

    Provide your BCH wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your Bitcoin Cash

    Complete the payment, and your BCH will be sent to your wallet.

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Frequently asked questions

  • What is the primary method for buying Bitcoin Cash (BCH) with South Korean Won (KRW)?

    The most common method is using a regulated domestic cryptocurrency exchange in South Korea that offers a KRW market. This requires users to set up a real-name verification account linked to a local bank, allowing for direct KRW deposits. Once the account is funded, you can place an order for BCH on the exchange's order book, facilitating a direct fiat on-ramp to this peer-to-peer electronic cash system.

  • Why are BCH's low transaction fees and larger block size important for KRW traders?

    For traders on the KRW market, BCH's design for low-cost, fast transactions is a key advantage. The larger block size allows the network to process more transactions per second, reducing network congestion and keeping fees minimal. This makes moving BCH from an exchange to a private digital wallet, or using it for payments, economically viable without incurring high costs, which is a core tenet of its peer-to-peer electronic cash philosophy.

  • What is a 'real-name verification account' and why is it mandatory for KRW/BCH trading in Korea?

    A real-name verification account is a system mandated by South Korean financial regulators to enhance KYC/AML compliance. It requires that the bank account used for KRW deposits and withdrawals on a cryptocurrency exchange must be under the same legal name as the exchange account holder. This ensures transparency and helps prevent illicit activities, making it a compulsory step for anyone wanting to use a KRW fiat on-ramp to purchase digital assets like Bitcoin Cash.

  • How does the SHA-256 algorithm secure my KRW to BCH transaction?

    While the KRW purchase occurs on an exchange, the security of the BCH asset itself relies on its blockchain's Proof-of-Work consensus mechanism, which uses the SHA-256 hashing algorithm. Once you acquire BCH and a transaction is broadcast to the network, miners use immense computational power to solve a complex puzzle. This process validates the transaction and adds it to an immutable block, securing your ownership of the digital asset against fraud and double-spending.

  • After buying BCH on a KRW market, what is the best practice for storing it securely?

    For long-term holding, the most secure practice is to withdraw your Bitcoin Cash from the exchange to a non-custodial digital wallet where you control the private keys. Options include hardware wallets (cold storage) for maximum security or reputable software wallets. When transferring, always double-check the recipient address, ensuring it uses the correct CashAddr format to prevent errors, and send a small test amount first for large transfers.
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