Bitcoin Cash
BCHRank #16$454.88
1h
+0.02%
24h
+1.58%
7d
-3.22%
Key Statistics
Market Cap
$9.1B
24h Volume
$141M
Circ. Supply
20.0M BCH
Total Supply
20.0M BCH
Max Supply
21.0M BCH
All-Time High
$3785.82
ATH Date
Dec 20, 2017
Market Cap Rank
#16
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Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin. Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience. Why was Bitcoin Cash Created? The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions. Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today. Nov 16th 2018: A hashwar resulted in a split between Bitcoin SV and Bitcoin ABC
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1 BCH = $454.88 · Rate refreshes live
Frequently Asked Questions
Bitcoin Cash (BCH) is ranked #16 by market capitalisation with a current market cap of $9.1B. Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity.
You can buy Bitcoin Cash on several major exchanges: Binance (global, lowest fees), Bybit (great for derivatives), KuCoin (widest altcoin selection), and Coinbase (best for US users). If you're in Nigeria, South Africa, Kenya, or Malaysia, Luno is an excellent regulated option. Simply create an account, verify your identity, deposit funds, and place a market or limit buy order for BCH.
Whether Bitcoin Cash is a good investment depends on your financial goals and risk tolerance. Cryptocurrency is highly volatile. Bitcoin Cash has a current market cap of $9.1B, which reflects its market position. Always do your own research (DYOR), never invest more than you can afford to lose, and consider consulting a financial advisor. CoinGlance does not provide financial advice.
The price of Bitcoin Cash is determined by supply and demand on cryptocurrency exchanges worldwide. Key factors include: overall market sentiment, Bitcoin's price movement, protocol developments, regulatory news, macroeconomic factors, and social media activity. The current 24h trading volume of $141M reflects market activity.
You can store Bitcoin Cash in several ways. Exchange wallets (like Binance or Coinbase) are convenient but carry counterparty risk. Software wallets give you control of your private keys. For maximum security, hardware wallets like Ledger or Trezor store your keys offline. Remember: not your keys, not your coins.
Bitcoin (BTC) is the original cryptocurrency, primarily used as a store of value. Bitcoin Cash (BCH) is a different asset with its own unique use case. Both can be purchased on the same exchanges, but they serve different purposes in a portfolio.