What is Bitcoin Cash?

What is Bitcoin Cash (BCH)?

What is Bitcoin Cash (BCH)? Is it Bitcoin or is it cash? Well, it’s neither really. Bitcoin Cash is simply peer-to-peer electronic cash. Some may say that’s just a fancy way of saying cryptocurrency and in many ways it is. Bitcoin Cash is really not all that different from Bitcoin or other peer-to-peer (p2p) forms of digital currency -- and it’s not just because of the name.

Bitcoin Cash actually shares a large majority of its code with Bitcoin--with a few key differences. After breaking off from Bitcoin in 2017, the new Bitcoin fork deemed itself Bitcoin Cash and wanted to improve upon the speed and cost of the slow and expensive Bitcoin. While Bitcoin can only handle seven transactions per second, Bitcoin Cash improved the block size limit from one megabyte every 10 minutes to eight megabytes every 10 minutes. Despite the large improvement, Bitcoin Cash has yet to take the number one spot away from the original Bitcoin. In fact, it couldn’t even contain its newfound following.

In 2018, Bitcoin Cash had another fork which created Bitcoin SV. Despite this, Bitcoin Cash still has a loyal following and is still an impressive technological feat, and is a superior method of transacting. However, demand for Bitcoin Cash is still at low, to medium levels. This could change as more merchants around the world look to cryptocurrency as a new payment method. 

What is the Bitcoin Cash price?

YouHodler aggregates prices from top centralized exchanges to provide an accurate Bitcoin Cash price and charts. 

Where to buy Bitcoin Cash?

The easiest way to buy Bitcoin Cash is to purchase it through a crypto app like YouHodler. Our universal cryptocurrency exchange service lets you convert any crypto, fiat, or stablecoin with competitive fees.

How to earn % p.a. on Bitcoin Cash?

The best way to earn % p.a. on Bitcoin Cash is by depositing it in a YouHodler Yields account. % p.a. payments occur weekly and YouHodler features compounding % p.a.. 

How to take a loan with Bitcoin Cash?

You can get a loan with Bitcoin Cash in stablecoins by depositing your Bitcoin Cash as collateral. YouHodler offers the best rates you can get anywhere. Don’t sell your crypto. Use it as collateral and keep its value for later.

How to trade Bitcoin Cash?

Leverage market volatility to stack your crypto portfolio and trade Bitcoin Cash with Multi HODL. Multi HODL is a user-friendly tool to take advantage of market swings in either direction. Become an “active HODLer” today.