If you wish to sell Bitcoin Cash (BCH), you have two basic options: through Bitcoin wallet apps and cryptocurrency centralized exchanges (CEXs) that allow selling into fiat currencies. Using a self-custodial wallet, like the Bitcoin.com Wallet app, that allows selling into fiat is the safest because CEXs come with real risks related to control and security of your digital assets. If you decide to use a CEX, keeping your bitcoin on a CEX for a prolonged period of time is strongly advised against.
How to sell Bitcoin Cash (BCH) with the Bitcoin.com Wallet app
With this method, if you're in a supported region, you can sell any amount of Bitcoin Cash (BCH) in your wallet directly to cash. The cash will then be deposited in your bank account. Here's how it works:
On the app's home screen, tap the "SELL" button.
If you haven't done so already, follow the instructions to connect your bank account.
Select the amount you'd like to sell (You can input the amount in either local currency terms or in bitcoin cash (BCH) terms).
Confirm the transaction.
Note: Once you've sold, it typically takes between 1-3 working days to receive the funds in your bank account.
How to sell Bitcoin Cash (BCH) on a crypto exchange
With this method, you'll need to create an account, verify your identity, and connect your bank account. Once you've sold your bitcoin cash into local currency, you can withdraw that currency to your bank account. The typical flow is as follows:
Visit a cryptocurrency exchange or choose from this list of top exchanges.
Create an account and verify your identity as required.
Follow the website’s instructions to sell your bitcoin cash (BCH) or other crypto-asset into the currency of your choice.
Withdraw the funds to your bank account.
Note that each centralized cryptocurrency exchange can only provide its services to people in specified regions.