bch
Bitcoin Cash (BCH) is a cryptocurrency that emerged from a hard fork of Bitcoin in 2017, aiming to solve Bitcoin's scalability issues. The fork of Bitcoin led to the creation of Bitcoin Cash, which increased the block size to allow for faster and cheaper transactions.
This coin is available on Newton.
Unlike Bitcoin (BTC), Bitcoin Cash (BCH) aims to be a peer-to-peer electronic cash system designed for everyday use. It facilitates low-cost and quick payments, making it an attractive alternative for those seeking digital cash solutions.
The creation of Bitcoin Cash was driven by disagreements within the Bitcoin community about how to scale the network. While Bitcoin retained its original 1MB block size limit, Bitcoin Cash increased the block size to 32MB, improving its transaction capacity.
Bitcoin Cash operates with a fixed supply of 21 million coins, designed to maintain scarcity. The circulating BCH in the market is a result of miners receiving newly-issued Bitcoin Cash for validating transactions on the network.
Today, Bitcoin Cash continues to serve as a digital cash solution with lower fees and faster transaction times. Its goal is to stay true to the original vision of the Bitcoin project by offering a decentralized alternative to traditional financial systems.
Bitcoin Cash works through a decentralized network of miners who verify transactions and add them to the blockchain. The proof-of-work system, inherited from Bitcoin, ensures the security and integrity of every transaction processed on the Bitcoin Cash network.
A key difference between Bitcoin and Bitcoin Cash is the Bitcoin Cash block size, which is much larger at 32MB compared to Bitcoin’s 1MB. This increase in block size enables Bitcoin Cash to handle more transactions in each block, allowing for faster, cheaper payments.
When users make a transaction, the Bitcoin Cash network broadcasts it to the miners, who confirm the transaction and add it to the blockchain. Once confirmed, the transaction becomes permanent, providing users with a secure and transparent record.
Bitcoin Cash also maintains a fixed supply of 21 million coins, much like Bitcoin, ensuring its scarcity over time. The circulation of Bitcoin Cash in the market continues to grow as more miners validate transactions and earn newly-issued BCH.
As a peer-to-peer electronic cash system, Bitcoin Cash removes intermediaries like banks, giving users direct control over their funds. This decentralized model is designed to allow individuals to send and receive payments efficiently, both globally and locally.
Bitcoin Cash scales better by implementing changes to the original Bitcoin blockchain. Here’s how:
Bitcoin Cash maintains an active presence in the broader cryptocurrency market by focusing on usability and merchant adoption. Here’s how it fits:
The phrase forked Bitcoin refers to Bitcoin Cash's split from Bitcoin, creating its own distinct blockchain while maintaining certain shared features. Here’s what it means:
Bitcoin Cash strives to remain aligned with Bitcoin’s original purpose as a decentralized peer-to-peer payment system. Here’s how:
Bitcoin Cash can be used for a variety of everyday transactions, providing a low-fee alternative to traditional payment methods. With its fast confirmation times, Bitcoin Cash enables individuals and businesses to use digital cash for things like online shopping and in-person purchases.
In countries experiencing economic instability or currency devaluation, Bitcoin Cash offers a decentralized form of digital cash. Using Bitcoin Cash may provide a way for individuals to hedge against the effects of inflation while taking part in the global economy.
Bitcoin Cash also supports microtransactions, which are small payments for things like digital content or online tipping. Its low fees make it ideal for frequent small-value transactions that would otherwise be impractical with traditional payment methods.
Businesses around the world are adopting Bitcoin Cash as a payment method due to its lower transaction fees and faster processing times. By using Bitcoin Cash, merchants can bypass expensive credit card fees and provide a more efficient payment option to customers.
Additionally, Bitcoin Cash's blockchain supports the creation of decentralized applications (dApps) and smart contracts, opening the door to innovations in various sectors. This makes Bitcoin Cash not only a digital cash solution but also a platform for further technological development.
Bitcoin Cash was created in 2017 as a result of a hard fork of Bitcoin, driven by disagreements within the Bitcoin community about how to scale the network. The creation of Bitcoin Cash aimed to address Bitcoin's scalability issues by increasing the block size limit to 8MB, later expanding it to 32 MB.
The fork of Bitcoin led to the launch of Bitcoin Cash on August 1, 2017, with the intention of improving transaction speeds and lowering costs. Bitcoin Cash was designed as a peer-to-peer electronic cash system that could better handle daily transactions compared to Bitcoin.
While Bitcoin retained its original vision of a store of value, Bitcoin Cash focused on becoming a viable alternative for digital cash usage. This shift in focus led to the creation of a separate cryptocurrency with its own dedicated community and development team.
Since its launch, Bitcoin Cash has faced both support and criticism, especially from those who believe it strays from the original vision of the Bitcoin project. Despite the debates, Bitcoin Cash has grown to become one of the largest cryptocurrencies circulating in current market.
Bitcoin Cash continues to evolve with the ongoing development of its protocol and features. Its goal remains to provide a fast, low-cost digital cash solution with a fixed supply of 21 million coins, ensuring its long-term value and usability in the global economy.
Bitcoin Cash is a fork of the Bitcoin blockchain, offering unique features and scalability improvements.
The Bitcoin Cash community fosters development, adoption, and innovation within the cryptocurrency space.
Bitcoin Cash is a fork of the Bitcoin blockchain with features tailored for scalability and efficiency.
You can store Bitcoin Cash (BCH) securely in wallets that support its blockchain and smart contracts or in Newton. Keep track of BCH’s performance by monitoring its blockchain activity and total circulating supply as you manage your holdings.
While Bitcoin Cash (BCH) doesn’t have traditional staking options, you can contribute to its ecosystem by participating in network upgrades or mining operations. Additionally, BCH holders can engage in peer-to-peer transactions and support liquidity initiatives to maximize their involvement in the BCH network.
Spend Bonk coin with merchants accepting cryptocurrency. By using Bonk, the first dog-themed coin on Solana, you can make digital payments while keeping track of Bonk’s updates and its current price to know its value before spending.
With Bitcoin Cash, send crypto assets quickly and securely using its peer-to-peer transaction system. BCH’s decentralized blockchain ensures that all transfers are fast, efficient, and reliable within its global network.
Donating with Bitcoin Cash (BCH) is simple and fast, thanks to its efficient blockchain network. Many organizations now accept BCH for donations, and its decentralized infrastructure ensures secure and speedy transfers.
Swap other cryptocurrencies like BTC or ETH for Bitcoin Cash (BCH) on decentralized exchanges or peer-to-peer platforms. BCH’s network uses secure blockchain technology to facilitate smooth and efficient asset swaps with minimal fees.
*Newton does not currently support staking, governance, interest-earning, or other utility functions, where applicable, for this asset.
While it’s possible to buy or sell BCH quickly through various platforms, doing so outside of regulated exchanges may expose you to higher risks, including security vulnerabilities and price volatility, even while tracking the live price and price chart.
Using a regulated platform like Newton ensures that your BCH trading is secure and compliant with local regulations. Newton offers a broad selection of over 70+ cryptocurrencies, providing easy access to the live price, price chart, market cap, and transaction activity for BCH.
Newton provides competitive pricing for Bitcoin Cash (BCH) trades. Whether you’re just starting or are a seasoned investor, Newton gives you seamless access to a smooth and efficient trading experience.
Your Bitcoin Cash (BCH) deserves the best protection—and Newton delivers. With Multi-Factor Authentication, trusted contacts, and advanced security tools like anti-phishing codes, you can trade confidently, knowing your assets are safe.
Newton makes it affordable to buy and sell BCH, with a 1.50% - 1.60% fee. For more information about fees, see our Prices page. Newton covers up to $5 of network fees on your first daily withdrawal. For additional withdrawals, or if network fees exceed $5, the estimated network fee is confirmed prior to withdrawal.
Whether you’re at your desk or on the go, Newton keeps Bitcoin Cash (BCH) trading simple and accessible. Their platform works seamlessly on both desktop and mobile, putting market trends and your investments right at your fingertips.
Managing your Bitcoin Cash (BCH) portfolio has never been easier. Newton’s intuitive, sleek, and functional design makes checking prices, tracking trends, and growing your holdings as effortless as a few taps on your screen.
Newton is one of Canada's trusted, secure, and user-friendly platform to buy, sell, and manage Bitcoin Cash (BCH) and other digital assets. Join thousands of Canadian traders and experience a seamless crypto journey with Newton.
Start your journey with Bitcoin Cash (BCH) by signing up on Newton today. Complete the simple verification process and unlock the ability to buy Bitcoin Cash to access its decentralized network.
Fund your account easily with options like Interac e-Transfer or wire transfer through Newton. This simple, hassle-free process ensures you can focus on trading and building your crypto portfolio.
With your account funded, you’re ready to buy Bitcoin Cash (BCH) and explore its fast, efficient, and decentralized network. Take advantage of its seamless peer-to-peer transactions and financial freedom opportunities.
Browse the list of available cryptocurrencies and select Bitcoin Cash (BCH) to get started. This quick step gives you access to its innovative blockchain network and global peer-to-peer transactions.
Decide how much Bitcoin Cash (BCH) you want to purchase based on your financial goals. Every investment brings you closer to joining a revolutionary and decentralized financial system.
Confirm your purchase and complete the transaction to have Bitcoin Cash securely credited to your account. Once finalized, use your BCH for trading, sending, or exploring peer-to-peer opportunities with confidence.
Take full control of your Bitcoin Cash (BCH) with a personal wallet. While it offers complete ownership and enhanced privacy, the responsibility to safeguard your private keys rests with you—keep them safe to avoid risks and ensure your assets are protected.
You can keep your BCH directly within your Newton account! With Newton’s advanced security features. With multi-factor authentication, anti-phishing tools, and trusted device management, Newton makes protecting your assets easy, reliable, and worry-free. Trade and store Bitcoin Cash confidently with Newton by your side.
Your security is important. Newton is committed to being a leader in compliance, security, and technical protocols.
For additional information and to review the risks associated with Bitcoin Cash, please see our Asset Statement.