-4.31% Bitcoin (BTC) 30410.79 EUR
-0.45% Ethereum (ETH) 2317.77 EUR
-6.83% Litecoin (LTC) 78.97 EUR
-4.63% B-Cash (BCH) 228.01 EUR
+3.91% Ethereum (ETH) 0.0769418 BTC
-2.40% Litecoin (LTC) 0.00262701 BTC
-0.26% B-Cash (BCH) 0.0075851 BTC
-4.55% Bitcoin (BTC) 32060.0361 USDC
-0.01% USD Coin (USDC) 0.95 EUR
-4.26% Bitcoin (BTC) 32058.511 USDT
-0.97% Tether (USDT) 0.94 EUR
-4.09% Chainlink (LINK) 8.67 EUR
+0.49% Chainlink (LINK) 0.00028771 BTC
-3.12% Dogecoin (DOGE) 0.1 EUR
+1.10% Dogecoin (DOGE) 0.00000366 BTC
-4.54% Uniswap (UNI) 6.21 EUR
-0.24% Uniswap (UNI) 0.00020654 BTC
+1.45% Cardano (ADA) 0.65 EUR
+6.02% Cardano (ADA) 0.00002172 BTC
+1.24% Tron (TRX) 0.07 EUR
+6.25% Tron (TRX) 0.00000255 BTC
+2.06% Shiba Inu (SHIB) 0.00001662 EUR
-3.12% Binance Coin (BNB) 312.19 EUR
+1.35% Binance Coin (BNB) 0.01036866 BTC
0.00% Binance USD (BUSD) 0.95 EUR
-4.35% Bitcoin (BTC) 32051.2289 BUSD
-6.39% Zcash (ZEC) 95.89 EUR
-2.17% Zcash (ZEC) 0.0032017 BTC
+2.07% Basic Attention Token (BAT) 0.00001577 BTC

Bitcoin Cash (BCH)

What is Bitcoin Cash?

 
Bitcoin Cash is a cryptocurrency created in August 2017, as a result of a Bitcoin fork. Bitcoin Cash increased the size of blocks, allowing more transactions to be processed and improving scalability.
 

What is the difference between Bitcoin and Bitcoin Cash?

 
The difference between Bitcoin Cash and Bitcoin is philosophical. Bitcoin was meant to be a peer-to-peer cryptocurrency that was used for daily transactions. Over the years, as it gained mainstream traction and its price surged, Bitcoin became an investment vehicle instead of a currency. This led to a rapid increase in the number of transactions and users had to wait for hours to confirm them. Bitcoin Cash suggests a way to improve the situation by increasing the size of blocks to anywhere between 8 MB and 32 MB, thereby enabling the processing of more transactions per block.
Despite their philosophical differences, Bitcoin Cash and Bitcoin share several technical similarities. They use the same consensus mechanism and have capped their supply at 21 million.
 

How does Bitcoin Cash work?

 
Bitcoin Cash was settled on a larger block size in order to process transactions more quickly than Bitcoin. These transactions help you to make a quick and small purchase with BCH, but if you want to make a large purchase, you have to trade with a more secure cryptocurrency like BTC.
 

What to do after buying Bitcoin Cash?

 
  • Store/Hold Bitcoin Cash
You can hold on to your BCH with the expectation of it increasing in value, you can also store your BCH safely on your account or in your crypto wallet.
  • Trade Bitcoin Cash
You can trade Bitcoin Cash for other cryptocurrencies.
  • Send Bitcoin Cash
You can send it to anyone and anywhere with their BCH address.

Risk Warning: Cryptocurrency trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Coinsbay, otherwise seek independent advice if necessary. Crypto, CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing the entirety of your initial investment). You must assess and consider them carefully before making any decision about using our products or services.

The information on this website is general in nature and doesn't take into account your personal objectives, financial circumstances, or needs. It is not targeted at the general public of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful or contravene regulatory requirements.