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Bitcoin Cash priceBCH

Q: Can I get a steady income from investing in Bitcoin Cash?

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Quote currency:

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Cost

USD

1 BCH = 228.36 USD

Last updated 2023-12-03 08:04:38（UTC-0）

Bitcoin Cash price live data summary

The live price of Bitcoin Cash is $228.36 per (BCH / USD) today with a current market cap of $4.47B USD. The 24-hour trading volume is $173.57M USD. BCH to USD price is updated in real time. Bitcoin Cash is +1.07% in the last 24 hours. It has a circulating supply of 19,575,424 .

What is the highest price of BCH?

BCH has an all-time high (ATH) of $4,355.62, recorded on 2017-12-20.

What is the lowest price of BCH?

BCH has an all-time low (ATL) of $75.08, recorded on 2018-12-15.

Bitcoin Cash price performance in USD

24h7d30d90d1yAll-time

+1.07%-0.43%-3.93%+17.67%+106.05%-58.92%

Bitcoin Cash price history in USD

TimeLowHigh

24h$225.43$232.33

7d$220.52$232.33

30d$214.96$256.88

90d$181.38$267.49

1y$95.73$326.12

All-time$75.08(2018-12-15, 4 years ago )$4,355.62(2017-12-20, 5 years ago )

All price history data & download

Bitcoin Cash market information

Market cap CombinedShapeIcon

$4,470,297,536.2

+1.07%

Fully diluted market cap CombinedShapeIcon

$4,795,617,375.36

+1.07%

Volume (24h) CombinedShapeIcon

$173,570,117.18

+51.84%

Market rankings CombinedShapeIcon

#19

Circulation rate CombinedShapeIcon

+99.00%

24h volume / market cap CombinedShapeIcon

0.0388

Circulating supply CombinedShapeIcon

19,575,424 BCH

Total supply / Max supply CombinedShapeIcon

19,575,425 BCH

21,000,000 BCH

Bitcoin Cash ratings

Average ratings from the community

4.4

100 ratings

This content is for informational purposes only.

About Bitcoin Cash

This information is from the internet and is not for use as investment advice. If you see any problems, kindly provide your feedback.

About Bitcoin Cash

With its surged popularity, Bitcoin has faced issues like slow processing speed, high transaction fees, and scalability. Different strategies were offered to address these challenges. Among them, altering the core rules of the Bitcoin blockchain stands out as a prominent solution to enhance processing speed.

Bitcoin Cash (BCH) was introduced in 2017 as a hard fork of the original Bitcoin (BTC). The idea behind this fork was to increase Bitcoin's block size to enhance network performance. However, the majority of nodes opposed the proposal, leading to the hard fork and the creation of Bitcoin Cash as a separate entity from Bitcoin at block number 478,558. Though both cryptocurrencies have a common genesis, they now function on two distinct chains.

For those holding Bitcoin at the time of the split, an equivalent amount of Bitcoin Cash was allocated to their wallets. Bitcoin Cash itself underwent further forks, most notably leading to the creation of Bitcoin SV (BSV) in November 2018. These forks have caused ongoing debates within the community and have led to a fragmentation of support.

Resources

Whitepaper: https://bch.info/bitcoin.pdf

Official website: https://bch.info/en/

How does Bitcoin Cash work?

Bitcoin Cash functions similarly to Bitcoin, operating as a public decentralized digital ledger that uses the Proof-of-Work consensus mechanism,known as SHA-256, relies on nodes to validate transactions, and has a fixed total supply of 21 million tokens. Miners receive Bitcoin Cash tokens as rewards for solving cryptographic puzzles and confirming transactions on the blockchain.

The main difference between Bitcoin and Bitcoin Cash is the block size. While Bitcoin only has a 1 MB block limit and can process roughly seven transactions per second, Bitcoin Cash has 32 MB per block capacity, allowing for over a hundred transactions per second. This increased block size and faster processing lead to lower fees, with most transactions on the Bitcoin Cash network costing less than US$1, in contrast to Bitcoin's high fee.

In cryptocurrency, speed and affordability often mean greater accessibility, and Bitcoin Cash excels in these areas. However, it also faces criticism regarding network security. Detractors argue that the quicker and cheaper transactions are possible due to less required mining, possibly making Bitcoin Cash less secure than Bitcoin and raising questions about the network's integrity.

Conclusion

In conclusion, Bitcoin Cash has made significant strides in enhancing transaction speeds and reducing fees. Though not without controversy, its innovations represent a notable advancement in the evolving cryptocurrency landscape.

It's important to note that like any other cryptocurrencies, Bitcoin Cash carries its own risks and it's always wise to do your own research and exercise caution while investing.

BCH to local currency

Crypto calculator

Last updated 2023-12-03 08:04:38（UTC+0）

How to buy Bitcoin Cash (BCH)

Buying Bitcoin Cash on Bitget is fast and simple.

You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!

For more information, refer to How to buy Bitcoin Cash (BCH) .

Trade BCH perpetual futures

After having successfully signed up on Bitget and purchased USDT or BCH tokens, you can start trading derivatives, including BCH futures and margin trading to increase your income.

The current price of BCH is $228.36, with a 24h price change of +1.07%. Traders can profit by either going long or short onBCH futures.

Join BCH copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or BCH tokens, you can also start copy trading by following elite traders.

Bitcoin Cash news

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk•2023/11/16 16:00#Business #Sushi #SushiSwap

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk•2023/07/25 20:47#Business #Twitter #DOGE

Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry

Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.

Coindesk•2023/07/22 05:46#Markets #Markets #Bitcoin

Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight•2023/09/08 21:49#Bitcoin #NFT

Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight•2023/08/22 23:31#Social #Coinbase

People are also inquiring about the price of Bitcoin Cash.

What is the current price of Bitcoin Cash?

We update our Bitcoin Cash to USD price in real time. Get the live Price of Bitcoin Cash on Bitget.

What is the 24 hour trading volume of Bitcoin Cash?

Over the last 24 hours, the trading volume of Bitcoin Cash is $173.57M.

What is the all-time high of Bitcoin Cash?

The all-time high of Bitcoin Cash is $4,355.62. This all-time high is highest price for Bitcoin Cash since it was launched.

Can I buy Bitcoin Cash on Bitget?

Yes, Bitcoin Cash is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Bitcoin Cash guide.

Can I get a steady income from investing in Bitcoin Cash?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Bitcoin Cash with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

What are the main differences between Bitcoin (BTC) and Bitcoin Cash (BCH)?

- Origin and History Bitcoin (BTC): Launched in 2009 by an anonymous figure or group named Satoshi Nakamoto, Bitcoin stands as the pioneering cryptocurrency. Bitcoin Cash (BCH): Born in August 2017 due to a hard fork in the Bitcoin blockchain, BCH was the result of a dispute in the Bitcoin community about addressing scalability issues. - Block Size Bitcoin (BTC): BTC's blockchain has a 1MB block size limit, constraining the transaction capacity of each block. Bitcoin Cash (BCH): BCH increased its block size to 8MB initially during the fork to tackle scalability challenges. By 2023, BCH boasts a 32MB block size, allowing more transactions per block, potentially accelerating transaction throughput. - Transaction Fees Bitcoin (BTC): Given the limited block size and rising demand, BTC's transaction fees can become notably high during high-demand periods. Bitcoin Cash (BCH): Due to its enlarged block size, BCH strives to offer comparatively lower transaction fees than BTC.

Why was there a need to create Bitcoin Cash when Bitcoin already existed?

As Bitcoin's popularity surged, its transaction volumes began surpassing the 1MB block capacity, resulting in transaction delays and escalating fees. A faction within the Bitcoin community viewed block size increase as the optimal solution, leading to BCH's inception with an 8MB block size. By 2023, BCH's block size reached 32MB.

Are Bitcoin and Bitcoin Cash compatible?

While they share a common transaction history up until the fork in August 2017, Bitcoin and Bitcoin Cash are now distinct blockchains and networks. Transactions on one network are not valid on the other, and the two coins are not interchangeable without going through an exchange.

Have there been further forks from Bitcoin Cash?

Yes, since its inception, Bitcoin Cash itself has experienced forks. The most notable one is the split in November 2018 that resulted in the creation of Bitcoin SV (BSV). These forks arise due to disagreements within the community about technical and governance directions.

Can I mine Bitcoin Cash (BCH)?

Yes, you can mine Bitcoin Cash (BCH). Like Bitcoin, BCH employs a proof-of-work algorithm, allowing miners to deploy computational power to validate transactions and fortify the network. Successful problem-solving results in block additions to the BCH blockchain, with the miner receiving a BCH reward. If you're considering BCH mining, factors like hardware selection, mining pools, software, profitability, and network shifts should be taken into account. As with most cryptocurrencies, BCH mining rewards decline over time, with increasing difficulty, influencing profitability.

Is Bitcoin Cash a good investment?

The investment potential of Bitcoin Cash is widely debated among financial and cryptocurrency experts. BCH advocates emphasize its unique features, such as swifter transactions and reduced fees compared to BTC, indicating its dual role as a value reserve and everyday transaction currency. However, the volatile nature of the cryptocurrency market, with BCH as no exception, requires a cautious investment approach. Potential investors should meticulously evaluate BCH's technological attributes against the erratic market landscape and their own financial thresholds.

Cryptocurrency investments, including buying Bitcoin Cash online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Bitcoin Cash, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Bitcoin Cash purchase. This page and any information included are not an endorsement of any particular cryptocurrency.