• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Learn

What is Bitcoin Cash? Where to create a wallet and Buy and sell BCH Coin? Should you invest?

193
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Bitcoin Cash – “Bitcoin’s brother”, a cryptocurrency was born not long ago and once surpassed Ethereum to take the No. 2 position in the world after Bitcoin. So what is Bitcoin Cash (BCH)? Why was it born? Where to create a wallet and buy and sell BCH Coin? Which exchange is safe and reputable? Should I Invest in Bitcoin Cash? Learn about this coin with I Love Bitcoin.

Bitcoin Cash

What is Bitcoin Cash (BCH)?

Bitcoin Cash (symbol: BCH) is a cryptocurrency born on August 1, 2017, after a hard fork from Bitcoin, to make it easier to understand, it uses Blockchain platform of Bitcoin but with some more advanced features. Bitcoin Cash was born with the purpose of overcoming the disadvantages of Bitcoin such as: Transaction speed, Security and scalability.

At the time of the hard fork anyone holding Bitcoin (BTC) will also receive Bitcoin Cash (BCH) at a 1:1 ratio. However, the wallet you store Bitcoin must hold Private Key, and the exchange wallet, that exchange must support the hard fork to receive BCH.

History of Bitcoin Cash coin?

At the time of mid-2017, a lot of controversy broke out over the issue of Bitcoin’s block size being too small compared to the daily transaction volume that the Blockchain system has to handle, the maximum limit is 1MB/Block or 3. transactions per second. After much debate, the Bitcoin community could not find a consensus and a group of developers Create Bitcoin Cash to overcome this problem of Bitcoin.

Bitcoin Cash has 3 superior features compared to Bitcoin:

  • The first, Bitcoin Cash offers larger Block size with 8MB.
  • Second, Bitcoin Cash provides replay protection and wipeout protection. The transaction signature is a bit different and the fork block must be larger than 1MB.
  • Tuesday, Bitcoin Cash provides a way to adjust the Proof-Of-Work difficulty faster than the 2016 Block difficulty adjustment period found in Bitcoin.

Should you invest in Bitcoin Cash?

Present, Bitcoin Cash is still holding the 4th position on CoinMarketCap in terms of total capitalization and is a coin worth investing in. Most of the major exchanges in the world support BCH coin, besides reputable wallet firms such as Blockchain, CoinBase, .. Recently, Gavin Andresen – descendant of Satoshi Nakamoto, who was first selected to lead the Bitcoin software development team, also stated that “Bitcoin Cash is the real Bitcoin“. Many people believe that in the future”Bitcoin will pile up and Bitcoin Cash will take the place of Bitcoin“.

For me personally Bitcoin Cash cryptocurrency still a good long-term investment, but besides that you must have a reasonable investment strategy whenever the market fluctuates to preserve capital. However, the Crypto market is always risky and you must determine this in advance, I do not give investment advice, all decisions are up to you, be responsible for the investment amount and should only invest the amount that can be lost.

Some of you asked me if Bitcoin Cash can be mined, Bitcoin cash can be mined, okay? Bitcoin Cash Mining Also a way to invest.

The current Bitcoin Cash virtual currency rate?

At the time of writing this article price of 1 BCH = $520.58 USD, has fallen about eight times from its peak price of $4,000. The total market capitalization of BCH is $9,024,209,941 USD, the trading volume of the last 24 hours is $372,823,947 USD. You can see Bitcoin Cash Rates updated in real time by us to understand the price movements of Bitcoin Cash coins.

Bitcoin Cash Rates

Buy and sell Bitcoin Cash at any exchange?

There are many international exchanges where you can buy and sell virtual currency Bitcoin Cash like: CoinEx exchange, Binance, Huobi Pro, Bittrex, BitForex, OKEx, HitBTC,..however, but this floor is only suitable for trading because you cannot buy with VND. If you have a need to buy/sell BCH coin, I would like to introduce to you Remitano floor – one of the most prestigious exchanges in Vietnam, I still use it every day. See instructions below:

Bitcoin Cash Exchange

Create a wallet to store BCH coin in which wallet is safe?

Currently, there are also many wallet services that support store BCH coin, both hardware wallets, online wallets, mobile wallets or software wallets. In which, with hardware wallets, there are Ledger, Trezor is the best, online wallet is available Blockchain and Coinbase, wallet on the phone, Blockchain also supports. I still use Blockchain wallet to store Bitcoin Cash very well and safely. You can see Instructions to create and use Bitcoin Cash wallet on Blockchain to know how to use it.

Bitcoin Cash Wallet

See more information about Bitcoin Cash at:

Epilogue

Ok. Here is the article “What is Bitcoin Cash (BCH)? Should I invest in the BCH Coin cryptocurrency?“, hope the article will bring a lot of useful information for readers about Bitcoin Cash digital currency and help you make the best investment decisions. If you have any questions or suggestions, please leave them below in the comments and I will respond as soon as possible. Do not forget Like, Share and 5 star rating to support Toiyeubitcoin.com Please. Good luck.


Join our channel to update the most useful news and knowledge at:


Search keyword to article: Bitcoin cash what is, bitcoin cash wallet, bitcoin cash hard fork, how to mine bitcoin cash, compare bitcoin and bitcoin cash, earn bitcoin cash, invest bitcoin cash, how to create bitcoin cash wallet, how to buy bitcoin cash, how free bitcoin cash mining, bitcoin cash future, bitcoin cash amount, bitcoin cash chart, find out information about bitcoin cash, bitcoin cash coins, exchange bitcoin cash to vnd, bitcoin cash founder, buy bitcoin cash at where, don’t worry, bitcoin cash.

Related articles

Bitcoin is at $67K but analysis warns BTC price could drop 10% next

Bitcoin is at $67K but analysis warns BTC price could drop 10% next

May 20, 2024
Avalanche (AVAX) price is among the few altcoins that have dropped sharply

Avalanche (AVAX) price tag is amid the couple of altcoins that have dropped sharply – Bitcoin News 2024

April 16, 2024

4.6
/
5
(
11

voted
)

[ad_2]

Tags: BCHBitcoinBuyCashCoincreateInvestsellwallet
Share77Tweet48

Related Posts

What is Cycle To Earn (CTE)?  The craze to get rich from cycling will become popular in 2023 - Coin News

What is Cycle To Earn (CTE)? The craze to get rich from cycling will become popular in 2023 

by Kishu Inu
June 23, 2022
0

Have you ever imagined a world full of energy moving around you? For those who are both passionate about technology...

Professional Gamefi project programming - Coin News

Professional Gamefi project programming 

by Kishu Inu
May 10, 2022
0

With many years of research and working in the field of programming, especially programming Blockchain technology, along with the current...

Tezos

What is Tezos? Where to create a wallet and Buy and sell XTZ Coin? Should you invest?

by Akita Inu
August 27, 2021
0

Tezos (XTZ) – one of the most successful coins of 2017 when the ICO raised nearly 232 million USD, but...

CoinMarketCap

What is CoinMarketCap? Full guide on how to use CoinMarketCap

by Akita Inu
August 13, 2021
0

CoinMarketCap – a website, an indispensable tool if you are learning and investing in the cryptocurrency market (Cryptocurrency). However, some...

Top 5 largest Bitcoin and cryptocurrency exchanges in the world

Top 5 largest Bitcoin & cryptocurrency exchanges in the world should use

by Akita Inu
August 13, 2021
0

Choosing an exchange to trade coins is always important when participating in the cryptocurrency market, especially for newbies, newbies to...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • OpenAI Introduces Global AI Expansion Initiative
  • Bitcoin Surpasses Amazon in Market Cap, Achieves Fifth-Largest Asset
  • ADA & Dogecoin Rally, But Web3 ai’s AI Coin Presale & Smart Alerts Catch the Crypto Crowd’s Attention
  • Ethereum Surges 22% Due to Pectra Upgrade, Trade Developments
  • Cryptocurrency Market Surges by $235 Billion in 24 Hours
  • Coinbase Reports Lower Than Expected Q1 2025 Earnings
  • Ethereum Price Volatility Captures Market Attention
  • Ex-Celsius CEO Sentenced to 12 Years for Crypto Fraud
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7