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🚀 Crypto [Pro Signal] What Is Bitcoin Cash (BCH) Cryptocurrency?

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$960.0
Bitcoin Cash is a cryptocurrency that was created as a result of the hard fork in the Bitcoin network in 2017. The main reason for the split was the problem of Bitcoin’s scalability and the community’s urge to increase the number of transactions processed per second in the Bitcoin network.

In this article, we will take a closer look at the Bitcoin Cash protocol and discover similarities and differences between Bitcoin and Bitcoin Cash. We are also about to discuss the future of this project and its impact on the global crypto community.

BCH Overview​


Bitcoin Cash Statistics
Bitcoin Cash Price
$271.6
Bitcoin Cash Price Change 24h
0.55%
Bitcoin Cash Price Change 7d
-4.5%
Bitcoin Cash Market cap
$5,280,707,521.25
Bitcoin Cash Circulating Supply
19,646,163 BCH
Bitcoin Cash Trading Volume
$186,300,259.39
Bitcoin Cash All time high
$4,355.62
Bitcoin Cash All time low
$75.08
Bitcoin Cash Price Prediction 7d
$299.36 +10.73
Bitcoin Cash Fear-Greed Index
72 Greed
Bitcoin Cash Sentiment
Bullish
Bitcoin Cash Volatility
6.07%
Bitcoin Cash Green Days
16/30 (53%)
Bitcoin Cash 50-Day SMA
$248.29
Bitcoin Cash 200-Day SMA
$222.85
Bitcoin Cash 14-Day RSI
57.26
Show more
  • Our real-time BCH to USD price update shows the current Bitcoin Cash price as $271.4 USD.
  • According to our Bitcoin Cash price prediction, BCH price is expected to have a 0% decrease and drop as low as by February 20, 2024.
  • Our technical indicators signal about the Bullish Bullish 90% market sentiment on Bitcoin Cash, while the Fear & Greed Index is displaying a score of 72 (Greed).
  • Over the last 30 days, Bitcoin Cash has had 16/30 (53%) green days and 6.07% price volatility.

Bitcoin Cash (BCH) Technical Overview​

When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.

Bullish



Bullish 90%
Bearish 10%

Bitcoin Cash Profit Calculator​

Amount Invested
$
Bitcoin Cash
BCH


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Date Buy
Date Sold
Calculate ROI%
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Profit calculation please wait...

Bitcoin Cash (BCH) Price Prediction For Today, Tomorrow and Next 30 Days​

DatePriceChange
February 19, 2024$270.600.09%
February 20, 2024$267.15-1.19%
February 21, 2024$270.360%
February 22, 2024$283.234.76%
February 23, 2024$299.3610.73%
February 24, 2024$280.713.83%
February 25, 2024$276.002.09%
February 26, 2024$276.582.3%
February 27, 2024$279.593.41%
February 28, 2024$282.994.67%
February 29, 2024$278.352.96%
March 01, 2024$274.921.69%
March 02, 2024$274.401.49%
March 03, 2024$277.832.76%
March 04, 2024$285.715.68%
March 05, 2024$286.535.98%
March 06, 2024$283.564.88%
March 07, 2024$278.112.87%
March 08, 2024$271.440.4%
March 09, 2024$266.56-1.41%
March 10, 2024$267.19-1.17%
March 11, 2024$269.34-0.38%
March 12, 2024$270.530.06%
March 13, 2024$269.81-0.2%
March 14, 2024$266.39-1.47%
March 15, 2024$261.50-3.28%
March 16, 2024$256.04-5.3%
March 17, 2024$251.34-7.04%
March 18, 2024$259.27-4.1%
March 19, 2024$258.95-4.22%

Bitcoin Cash Prediction Table​

2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050
MonthMinimum PriceAverage PriceMaximum PricePotential ROI
February$267.15 $283.26 $299.36
11.1%
March$250.68 $268.61 $286.53
6.4%
April$242.12 $253.22 $264.32
-1.9%
May$240.08 $246.89 $253.69
-5.8%
June$233.77 $246.87 $259.97
-3.5%
July$235.02 $246.45 $257.88
-4.3%
August$216.97 $235.92 $254.86
-5.4%
September$211.58 $224.42 $237.26
-11.9%
October$213.28 $222.39 $231.50
-14.1%
November$206.01 $219.94 $233.87
-13.2%
December$210.81 $224.41 $238
-11.6%
All Time$229.77 $242.94 $256.11
-4.9%













Choose a year
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050

Bitcoin Cash Historical​


According to the latest data gathered, the current price of Bitcoin Cash is $$270.42, and BCH is presently ranked No. 19 in the entire crypto ecosystem. The circulation supply of Bitcoin Cash is $5,312,738,284.78, with a market cap of 19,646,269 BCH.

In the past 24 hours, the crypto has increased by $1.11 in its current value.

For the last 7 days, BCH has been in a good upward trend, thus increasing by 5.16%. Bitcoin Cash has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.

During the last month, the price of BCH has increased by 14.11%, adding a colossal average amount of $38.16 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.

Bitcoin Cash Price Prediction 2024


According to the technical analysis of Bitcoin Cash prices expected in 2024, the minimum cost of Bitcoin Cash will be $$206.01. The maximum level that the BCH price can reach is $$252.69. The average trading price is expected around $$299.36.


Potential ROI: -6.2%

BCH Price Forecast for February 2024


Based on the price fluctuations of Bitcoin Cash at the beginning of 2023, crypto experts expect the average BCH rate of $$283.26 in February 2024. Its minimum and maximum prices can be expected at $$267.15 and at $$299.36, respectively.

Potential ROI: 11.1%

March 2024: Bitcoin Cash Price Forecast


Cryptocurrency experts are ready to announce their forecast for the BCH price in March 2024. The minimum trading cost might be $$250.68, while the maximum might reach $$286.53 during this month. On average, it is expected that the value of Bitcoin Cash might be around $$268.61.

Potential ROI: 6.4%

BCH Price Forecast for April 2024


Crypto analysts have checked the price fluctuations of Bitcoin Cash in 2023 and in previous years, so the average BCH rate they predict might be around $$253.22 in April 2024. It can drop to $$242.12 as a minimum. The maximum value might be $$264.32.

Potential ROI: -1.9%

May 2024: Bitcoin Cash Price Forecast


In the middle of the year 2023, the BCH price will be traded at $$246.89 on average. May 2024 might also witness an increase in the Bitcoin Cash value to $$253.69. It is assumed that the price will not drop lower than $$240.08 in May 2024.

Potential ROI: -5.8%

BCH Price Forecast for June 2024


Crypto experts have analyzed Bitcoin Cash prices in 2023, so they are ready to provide their estimated trading average for June 2024 — $$246.87. The lowest and peak BCH rates might be $$233.77 and $$259.97.

Potential ROI: -3.5%

July 2024: Bitcoin Cash Price Forecast


Crypto analysts expect that at the end of summer 2023, the BCH price will be around $$246.45. In July 2024, the Bitcoin Cash cost may drop to a minimum of $$235.02. The expected peak value might be $$257.88 in July 2024.

Potential ROI: -4.3%

BCH Price Forecast for August 2024


Having analyzed Bitcoin Cash prices, cryptocurrency experts expect that the BCH rate might reach a maximum of $$254.86 in August 2024. It might, however, drop to $$216.97. For August 2024, the forecasted average of Bitcoin Cash is nearly $$235.92.

Potential ROI: -5.4%

September 2024: Bitcoin Cash Price Forecast


In the middle of autumn 2023, the Bitcoin Cash cost will be traded at the average level of $$224.42. Crypto analysts expect that in September 2024, the BCH price might fluctuate between $$211.58 and $$237.26.

Potential ROI: -11.9%

BCH Price Forecast for October 2024


Market experts expect that in October 2024, the Bitcoin Cash value will not drop below a minimum of $$213.28. The maximum peak expected this month is $$231.50. The estimated average trading value will be at the level of $$222.39.

Potential ROI: -14.1%

November 2024: Bitcoin Cash Price Forecast


Cryptocurrency experts have carefully analyzed the range of BCH prices throughout 2023. For November 2024, their forecast is the following: the maximum trading value of Bitcoin Cash will be around $$233.87, with a possibility of dropping to a minimum of $$206.01. In November 2024, the average cost will be $$219.94.

Potential ROI: -13.2%

BCH Price Forecast for December 2024


Market analysts predict that Bitcoin Cash will not fall below $$210.81 in December 2024, with a chance of peaking at $$238 in the same month. The average trading value is expected to be $$224.41.

Potential ROI: -11.6%

Bitcoin Cash Price Prediction 2025


After the analysis of the prices of Bitcoin Cash in previous years, it is assumed that in 2025, the minimum price of Bitcoin Cash will be around $$552.40. The maximum expected BCH price may be around $$665.65. On average, the trading price might be $$572.10 in 2025.


MonthMinimum PriceAverage PriceMaximum Price
January 2025$234.88$322.09$287.10
February 2025$263.74$344.82$321.52
March 2025$292.61$367.55$355.93
April 2025$321.47$390.27$390.34
May 2025$350.34$413$424.76
June 2025$379.21$435.73$459.17
July 2025$408.07$458.46$493.58
August 2025$436.94$481.19$528
September 2025$465.80$503.92$562.41
October 2025$494.67$526.64$596.82
November 2025$523.53$549.37$631.24
December 2025$552.40$572.10$665.65


Potential ROI: 147.1%

Bitcoin Cash Price Prediction 2026


Based on the technical analysis by cryptocurrency experts regarding the prices of Bitcoin Cash, in 2026, BCH is expected to have the following minimum and maximum prices: about $$800.40 and $$975.03, respectively. The average expected trading cost is $$823.29.


MonthMinimum PriceAverage PriceMaximum Price
January 2026$573.07$593.03$691.43
February 2026$593.73$613.97$717.21
March 2026$614.40$634.90$743
April 2026$635.07$655.83$768.78
May 2026$655.73$676.76$794.56
June 2026$676.40$697.70$820.34
July 2026$697.07$718.63$846.12
August 2026$717.73$739.56$871.90
September 2026$738.40$760.49$897.69
October 2026$759.07$781.43$923.47
November 2026$779.73$802.36$949.25
December 2026$800.40$823.29$975.03


Potential ROI: 262%

Bitcoin Cash Price Prediction 2027


The experts in the field of cryptocurrency have analyzed the prices of Bitcoin Cash and their fluctuations during the previous years. It is assumed that in 2027, the minimum BCH price might drop to $$1,187, while its maximum can reach $$1,407. On average, the trading cost will be around $$1,220.


MonthMinimum PriceAverage PriceMaximum Price
January 2027$832.62$856.35$1,011.03
February 2027$864.83$889.41$1,047.03
March 2027$897.05$922.47$1,083.02
April 2027$929.27$955.53$1,119.02
May 2027$961.48$988.59$1,155.02
June 2027$993.70$1,021.65$1,191.02
July 2027$1,025.92$1,054.70$1,227.01
August 2027$1,058.13$1,087.76$1,263.01
September 2027$1,090.35$1,120.82$1,299.01
October 2027$1,122.57$1,153.88$1,335.01
November 2027$1,154.78$1,186.94$1,371
December 2027$1,187$1,220$1,407


Potential ROI: 422.3%

Bitcoin Cash Price Prediction 2028


Based on the analysis of the costs of Bitcoin Cash by crypto experts, the following maximum and minimum BCH prices are expected in 2028: $$2,028 and $$1,689. On average, it will be traded at $$1,738.


MonthMinimum PriceAverage PriceMaximum Price
January 2028$1,228.83$1,263.17$1,458.75
February 2028$1,270.67$1,306.33$1,510.50
March 2028$1,312.50$1,349.50$1,562.25
April 2028$1,354.33$1,392.67$1,614
May 2028$1,396.17$1,435.83$1,665.75
June 2028$1,438$1,479$1,717.50
July 2028$1,479.83$1,522.17$1,769.25
August 2028$1,521.67$1,565.33$1,821
September 2028$1,563.50$1,608.50$1,872.75
October 2028$1,605.33$1,651.67$1,924.50
November 2028$1,647.17$1,694.83$1,976.25
December 2028$1,689$1,738$2,028


Potential ROI: 652.8%

Bitcoin Cash Price Prediction 2029


Crypto experts are constantly analyzing the fluctuations of Bitcoin Cash. Based on their predictions, the estimated average BCH price will be around $$2,383. It might drop to a minimum of $$2,296, but it still might reach $$2,917 throughout 2029.


MonthMinimum PriceAverage PriceMaximum Price
January 2029$1,739.58$1,791.75$2,102.08
February 2029$1,790.17$1,845.50$2,176.17
March 2029$1,840.75$1,899.25$2,250.25
April 2029$1,891.33$1,953$2,324.33
May 2029$1,941.92$2,006.75$2,398.42
June 2029$1,992.50$2,060.50$2,472.50
July 2029$2,043.08$2,114.25$2,546.58
August 2029$2,093.67$2,168$2,620.67
September 2029$2,144.25$2,221.75$2,694.75
October 2029$2,194.83$2,275.50$2,768.83
November 2029$2,245.42$2,329.25$2,842.92
December 2029$2,296$2,383$2,917


Potential ROI: 982.9%

Bitcoin Cash Price Prediction 2030


Every year, cryptocurrency experts prepare forecasts for the price of Bitcoin Cash. It is estimated that BCH will be traded between $$3,202 and $$3,995 in 2030. Its average cost is expected at around $$3,298 during the year.


MonthMinimum PriceAverage PriceMaximum Price
January 2030$2,371.50$2,459.25$3,006.83
February 2030$2,447$2,535.50$3,096.67
March 2030$2,522.50$2,611.75$3,186.50
April 2030$2,598$2,688$3,276.33
May 2030$2,673.50$2,764.25$3,366.17
June 2030$2,749$2,840.50$3,456
July 2030$2,824.50$2,916.75$3,545.83
August 2030$2,900$2,993$3,635.67
September 2030$2,975.50$3,069.25$3,725.50
October 2030$3,051$3,145.50$3,815.33
November 2030$3,126.50$3,221.75$3,905.17
December 2030$3,202$3,298$3,995


Potential ROI: 1383%

Bitcoin Cash Price Prediction 2031


Cryptocurrency analysts are ready to announce their estimations of the Bitcoin Cash’s price. The year 2031 will be determined by the maximum BCH price of $$5,562. However, its rate might drop to around $$4,627. So, the expected average trading price is $$4,792.


MonthMinimum PriceAverage PriceMaximum Price
January 2031$3,320.75$3,422.50$4,125.58
February 2031$3,439.50$3,547$4,256.17
March 2031$3,558.25$3,671.50$4,386.75
April 2031$3,677$3,796$4,517.33
May 2031$3,795.75$3,920.50$4,647.92
June 2031$3,914.50$4,045$4,778.50
July 2031$4,033.25$4,169.50$4,909.08
August 2031$4,152$4,294$5,039.67
September 2031$4,270.75$4,418.50$5,170.25
October 2031$4,389.50$4,543$5,300.83
November 2031$4,508.25$4,667.50$5,431.42
December 2031$4,627$4,792$5,562


Potential ROI: 1964.7%

Bitcoin Cash Price Prediction 2032


After years of analysis of the Bitcoin Cash price, crypto experts are ready to provide their BCH cost estimation for 2032. It will be traded for at least $$6,721, with the possible maximum peaks at $$8,164. Therefore, on average, you can expect the BCH price to be around $$6,961 in 2032.


MonthMinimum PriceAverage PriceMaximum Price
January 2032$4,801.50$4,972.75$5,778.83
February 2032$4,976$5,153.50$5,995.67
March 2032$5,150.50$5,334.25$6,212.50
April 2032$5,325$5,515$6,429.33
May 2032$5,499.50$5,695.75$6,646.17
June 2032$5,674$5,876.50$6,863
July 2032$5,848.50$6,057.25$7,079.83
August 2032$6,023$6,238$7,296.67
September 2032$6,197.50$6,418.75$7,513.50
October 2032$6,372$6,599.50$7,730.33
November 2032$6,546.50$6,780.25$7,947.17
December 2032$6,721$6,961$8,164


Potential ROI: 2930.7%

Bitcoin Cash Price Prediction 2033


Cryptocurrency analysts are ready to announce their estimations of the Bitcoin Cash’s price. The year 2033 will be determined by the maximum BCH price of $$11,711. However, its rate might drop to around $$9,836. So, the expected average trading price is $$10,115.


MonthMinimum PriceAverage PriceMaximum Price
January 2033$6,980.58$7,223.83$8,459.58
February 2033$7,240.17$7,486.67$8,755.17
March 2033$7,499.75$7,749.50$9,050.75
April 2033$7,759.33$8,012.33$9,346.33
May 2033$8,018.92$8,275.17$9,641.92
June 2033$8,278.50$8,538$9,937.50
July 2033$8,538.08$8,800.83$10,233.08
August 2033$8,797.67$9,063.67$10,528.67
September 2033$9,057.25$9,326.50$10,824.25
October 2033$9,316.83$9,589.33$11,119.83
November 2033$9,576.42$9,852.17$11,415.42
December 2033$9,836$10,115$11,711


Potential ROI: 4247.4%

Bitcoin Cash Price Prediction 2040


According to the technical analysis of Bitcoin Cash prices expected in 2040, the minimum cost of Bitcoin Cash will be $$74,243. The maximum level that the BCH price can reach is $$108,228. The average trading price is expected around $$84,762.


MonthMinimum PriceAverage PriceMaximum Price
January 2040$15,203.25$16,335.58$19,754.08
February 2040$20,570.50$22,556.17$27,797.17
March 2040$25,937.75$28,776.75$35,840.25
April 2040$31,305$34,997.33$43,883.33
May 2040$36,672.25$41,217.92$51,926.42
June 2040$42,039.50$47,438.50$59,969.50
July 2040$47,406.75$53,659.08$68,012.58
August 2040$52,774$59,879.67$76,055.67
September 2040$58,141.25$66,100.25$84,098.75
October 2040$63,508.50$72,320.83$92,141.83
November 2040$68,875.75$78,541.42$100,184.92
December 2040$74,243$84,762$108,228


Potential ROI: 40076.7%

Bitcoin Cash Price Prediction 2050


After the analysis of the prices of Bitcoin Cash in previous years, it is assumed that in 2050, the minimum price of Bitcoin Cash will be around $$136,145. The maximum expected BCH price may be around $$172,660. On average, the trading price might be $$146,462 in 2050.


MonthMinimum PriceAverage PriceMaximum Price
January 2050$79,401.50$89,903.67$113,597.33
February 2050$84,560$95,045.33$118,966.67
March 2050$89,718.50$100,187$124,336
April 2050$94,877$105,328.67$129,705.33
May 2050$100,035.50$110,470.33$135,074.67
June 2050$105,194$115,612$140,444
July 2050$110,352.50$120,753.67$145,813.33
August 2050$115,511$125,895.33$151,182.67
September 2050$120,669.50$131,037$156,552
October 2050$125,828$136,178.67$161,921.33
November 2050$130,986.50$141,320.33$167,290.67
December 2050$136,145$146,462$172,660


Potential ROI: 63995.3%

How Does Bitcoin Cash Work?​


The Bitcoin Cash network is based on the same technology as Bitcoin, including the proof-of-work consensus algorithm and the SHA-256 mining algorithm. BCH undergoes a halving every four years and has a supply limit of 21 million coins.

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Image source: samaaenglish.tv

Block No. 478,559 in the Bitcoin and the Bitcoin Cash network is the one where they split. All the previous blocks generated before the hard fork are the same for these two digital currencies. During the split, all Bitcoin owners had an opportunity to become owners of an equivalent amount of Bitcoin Cash coins.

The application scope of Bitcoin Cash is limited to two main functions: a payment method and an investment opportunity. This means you can buy goods and pay for services online using Bitcoin Cash, and you can actually send, receive, and store BCH. It’s worth mentioning that at the moment, not so many online platforms accept Bitcoin Cash as a means of payment, but as the potential of the coin grows, more vendors may support it. There is a list of merchants that already work with Bitcoin Cash.

BCH: Founders and History​


By 2017, the Bitcoin community had been debating for some time the issue of the Bitcoin network scalability, aiming to accommodate increasing transaction volume. On August 1, 2017, a group of Bitcoin activists, developers, and crypto enthusiasts initiated a Bitcoin hard fork, creating a new digital currency — Bitcoin Cash. They modified the original code and started a new branch of blockchain. Bitcoin Cash is now its own separate cryptocurrency, with its own price and market capitalization. While it is similar to Bitcoin in many ways, there are also some important differences between the two cryptocurrencies, which we will discuss later.

Roger Ver is frequently considered the most outspoken supporter of Bitcoin Cash. He did not, however, create Bitcoin Cash; he joined the project because he believed in the goals of this Bitcoin fork.

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How to Mine Bitcoin Cash?​


Bitcoin Cash mining is the process of verifying transactions and adding them to the public ledger, known as the blockchain. Just like Bitcoin miners, BCH miners are rewarded with newly minted coins for their work. Bitcoin Cash mining is different from Bitcoin mining in several ways. First, the block size is 32 MB, which allows for faster transaction processing. Second, the difficulty adjustment slows down the rate at which new blocks are added to the blockchain, thus reducing the likelihood of forks.

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Three items are necessary for mining Bitcoin Cash (BCH): a specialized mining setup (rig), a mining pool, a wallet to receive rewards, and reliable software to house your mining activities. Bitcoin Cash uses a proof-of-work (PoW) consensus algorithm for mining the limited supply of 21 million BCH.

Here is our beginner’s guide to Bitcoin Cash mining.

Advantages & Disadvantages of Bitcoin Cash​


One advantage of Bitcoin Cash is that it is more scalable than Bitcoin. This is due to the increased block size, which facilitates processing more transactions per second. As a result, Bitcoin Cash can handle a higher volume of transactions than Bitcoin. Another major advantage of BCH is its accessibility: crypto enthusiasts can find it on many popular exchanges, unlike its lesser-known peers.
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However, one disadvantage of Bitcoin Cash is that it is not as widely accepted as Bitcoin. This is because it is a relatively new cryptocurrency, and many businesses and exchanges have not started supporting it yet. That’s why finding places to spend Bitcoin Cash may be a quest for users. Another disadvantage of BCH is its branding problems: Bitcoin Cash has a hard time standing out, especially given how similar the two competitors’ names are. And, as it comes with any PoW-based blockchain, there is a huge environmental impact.

Overall, while Bitcoin Cash does have some advantages over other cryptocurrencies, it is important to weigh them against the disadvantages before deciding whether or not to invest in it.

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Bitcoin Cash vs. Bitcoin​


Technically, BCH is Bitcoin’s spin-off, an alternative version that is similar enough but has its own independent blockchain and plays by its own rules. BCH blocks cannot be added to the BTC blockchain. Bitcoin and Bitcoin Cash share identical transaction histories up till August 1, 2017, but after this date, their ledgers are entirely different.

bitcoin vs bitcoin cash scheme


Bitcoin Cash works quite similarly to Bitcoin; the key difference between BTC and BCH is the size of their blocks. BCH creators believed that the best way to solve the scalability problem was to make each block in the chain larger. They assumed that if more transactions fitted into one block, they would be processed faster. After the hard fork, BCH’s block size reached 8MB, while BTC’s block size was 1MB. In May 2018, the Bitcoin Cash block size increased even more, and at the time of writing (September 2022), it equals 32MB.

Bitcoin developers took a different approach to the problem. They came up with the SegWit protocol — a way to separate the block’s signature data from the transaction information. This method enabled the storage of signature data outside the block, thus optimizing space inside and letting more transactions fit into one block. Currently, the Bitcoin blockchain can process 7–10 transactions per second.

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Source: medium.com

Most crypto experts would agree that instead of solving the problem, this protocol postponed finding a potential final solution to it. Some argue that after the hard fork, Bitcoin remained a mere investment instrument, while Bitcoin Cash became a real means of payment.

Bitcoin Cash transactions are faster and have lower fees than those in the BTC network. However, Bitcoin Cash is not as widely accepted as Bitcoin, and the number of Bitcoin Cash users is considerably lower.

Learn more about BTC and BCH differences in this article.

How to Buy Bitcoin Cash?​


If you want to buy Bitcoin Cash, you can easily do it on the Changelly exchange.

The first step: open the Buy page. Select the pair of fiat currency and crypto you’d like to exchange. In our case, it is BCH and USD. You can also exchange or sell Bitcoin Cash or other crypto assets.

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Changelly interface

Next, enter the amount you are willing to spend to buy the coin in the “You spend” column. The service will automatically calculate the number of coins you will receive in exchange for this amount.

Now, you have to choose the payment offer you like. After that, you need to enter your card details and your crypto wallet address to which your coins will be transferred. If you don’t have a Bitcoin Cash wallet yet, you can open it right away on the same page. Cryptocurrency transactions are irreversible, so please double-check your wallet address before proceeding to the next step.

Finally, you need to confirm the payment. After a few minutes, you will receive your newly purchased cryptocurrency in your wallet. It’s a very quick process, and you can buy crypto while reading this article.

FAQ​

Is Bitcoin Cash a good investment?​


Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a hard fork of the Bitcoin blockchain. The main difference between Bitcoin and Bitcoin Cash is that the latter has a larger block size, which allows for faster transaction time. While the Bitcoin Cash community believes that this makes BCH a more appealing investment than Bitcoin, there are also some risks to consider. For one thing, Bitcoin Cash is still a relatively new cryptocurrency, and its long-term viability is yet to be known. Additionally, the value of Bitcoin Cash can be quite volatile, and it may not always be easy to convert this crypto back into fiat currency. As with any investment, there are both risks and potential rewards to consider before making a decision.

None of the content on Changelly is investment advice, nor is it a replacement of advice from a certified financial planner. Before buying Bitcoin Cash, we recommend you to do your own research.

Is Bitcoin Cash the same as Bitcoin?​


No, they are two distinct cryptocurrencies. Bitcoin Cash emerged after a hard fork in the Bitcoin protocol, just like Ethereum ETH. Bitcoin Cash was later divided into Bitcoin Cash ABC and Bitcoin SV (Satoshi Vision).

What can you buy with Bitcoin Cash?​


While there is a long list of companies that accept payments in Bitcoin, it’s not the same with Bitcoin Cash. Not so many vendors are adopting it yet, but you can already purchase items like gift cards for more than 300 retailers via special services.

Is it better to invest in Bitcoin or Bitcoin Cash?​


Both cryptocurrencies have their benefits and risks, so it’s crucial to understand the difference between them before making a decision. Being the original cryptocurrency, BTC remains the most widely used and accepted. It has a strong reputation and a large community of users and developers. However, Bitcoin users also face some issues. BTC’s transaction fees have risen sharply in recent years, making it less suitable for small or microtransactions. In addition, its scalability issues have led to increasing concerns about its long-term viability. BCH, on the other hand, was created as a fork of BTC to address its scalability issues. It has lower transaction fees and can process more transactions per second than BTC. However, it is still a relatively new cryptocurrency, and its price is more volatile. Overall, there is no easy answer when it comes to deciding between BTC and BCH. It depends on each individual’s investment goals and risk tolerance.

Will Bitcoin Cash go as high as Bitcoin? What’s the highest Bitcoin Cash can go?​


Some analysts anticipate that BCH will have surpassed the $1,100 threshold by 2026, which is certainly a very optimistic estimate. Visit our Bitcoin Cash price prediction page to find more detailed forecasts.



Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

The post What Is Bitcoin Cash (BCH) Cryptocurrency? appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.
 

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