What is Bitcoin Cash (BCH)

 

Bitcoin Cash (BCH) is a hard fork of Bitcoin (BTC) that took place on August 1st, 2017. At the time of the fork, all BTC holders received an equal amount of BCH in their BTC wallets. The new cryptocurrency has big plans and goals to increase the number of transactions per second that can be processed on the blockchain. It was also implemented with the intention of making it easier to run apps and software on top of its blockchain. This article will give you all the information you need to know about Bitcoin Cash, including what it is, how to buy it, and where you can spend it.

What is Bitcoin Cash (BCH)

Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. It retains Bitcoin’s transaction history, meaning that if you have 10 Bitcoins before August 1st, you still have 10 Bitcoins and 10 Bitcoin Cash after August 1st. On Aug. 1st, 2017, Bitcoin Cash was made by hard-forking off the original Bitcoin blockchain, meaning that anyone holding bitcoins before the split owns an equal amount of bitcoin cash.

Who is the founder of Bitcoin Cash (BCH)

How to invest in bitcoin

Craig Wright, who is not affiliated with the original Nakamoto, has essentially split off to create a new cryptocurrency that he calls Bitcoin Cash and which has no resemblance to the actual BCH. He launched his own version of the network in November 2018 after mining what he called the most significant hash ever mined in human history.

How to buy Bitcoin Cash (BCH)

Binance offers its users two ways to buy BCH. You can either use your crypto holdings to purchase BCH from Binance, or you can first convert another cryptocurrency into BCH via an exchange service like Changelly. If you choose to purchase BCH using other cryptocurrencies, it may take a while before your order goes through if there’s high demand.

Where do I store Bitcoin Cash (BCH)

As of writing, there are two supported ways to store your BCH: on an exchange or in a BCH-specific wallet. Since you’re just getting started with cryptocurrency, it’s probably best to avoid having your coins stored on an exchange. Instead, try out a free online bitcoin cash wallet like Coin Payments.

What is the price of Bitcoin Cash (BCH)

Today trading volume of $1,447,761,605 USD. We update our BCH to USD price in real-time The Live Bitcoin Cash (BCH) price is