Bitcoin Cash(BCH) Price
Price of Bitcoin Cash(BCH) Today
The live price of Bitcoin Cash (BCH) is $485.92.The current market capitalization stands at $9.67B, with a 24-hour trading volume of $347.84M.Bitcoin Cash has experienced -1.30% in the last 24 hours and has a circulating supply of approximately 19.95M.These figures are updated in real-time to provide the most accurate market data.
BCH Price Data
BCH Market Cap Stats
BCH Supply
Bitcoin Cash(BCH) Price Movements
| Period | Amount Change | Change (%) |
|---|---|---|
| Today | -$6.42 | -1.30% |
| 7 Days | -$35.12 | -6.74% |
| 30 Days | +$22.64 | +4.89% |
Bitcoin Cash(BCH) Security Assessment
About Bitcoin Cash(BCH)
Bitcoin Cash is a Bitcoin hard fork that is building towards a more literal interpretation of Bitcoin as a peer-to-peer electronic cash system. At a technical level, Bitcoin Cash works exactly the same as Bitcoin. Both Bitcoin Cash and Bitcoin have a hard cap of 21 million assets, use nodes to validate transactions, and use a PoW consensus algorithm. However, BCH operates faster and has lower transaction fees than its predecessor, thanks to the larger block size.
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671 unique individuals are talking about BCH, ranking it 138 for most mentions and activity among collected posts. Over the past 24 hours, the sentiment toward BCH across all social media has been Bullish. Finally, 26 news articles have been published about BCH. On Twitter, 39.10% of tweets showed bullish sentiment compared to 8.31% of tweets showing bearish sentiment about BCH. 52.58% of tweets were neutral about BCH. These sentiments are based on 5966 tweets.
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Bitcoin Cash(BCH) Conversion Rate
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Why Was Bitcoin Cash Created?
Bitcoin Cash emerged from a split within the Bitcoin community over how best to scale the network. One group supported scaling through Layer 2 solutions like the Lightning Network, while others advocated for increasing the block size to improve the number of on-chain transactions the network could handle. The latter group initiated a hard fork in 2017, resulting in the creation of Bitcoin Cash. With larger block sizes, BCH can process significantly more transactions per second, making it faster and more cost-effective for daily financial use.
What is Bitcoin Cash used for?
Bitcoin Cash is primarily used as digital money. Its low transaction fees and fast confirmation times make it ideal for peer-to-peer payments, online purchases, cross-border remittances, and microtransactions. It is accepted by a growing number of merchants and is designed to be a practical alternative to traditional currencies and even Bitcoin itself.
How is Bitcoin Cash different from Bitcoin?
While Bitcoin (BTC) and Bitcoin Cash (BCH) share a common origin, they have diverged in purpose and design. BCH supports larger block sizes, enabling it to process more transactions per second and keep fees extremely low. Bitcoin, in contrast, has smaller blocks and is increasingly viewed as a store of value. BCH focuses on being fast, cheap, and usable for everyday transactions.
Can I mine Bitcoin Cash?
Yes, Bitcoin Cash can be mined using the same SHA-256 algorithm as Bitcoin. Miners validate transactions and secure the network in exchange for block rewards and transaction fees. BCH has a similar block time (~10 minutes) and undergoes reward halvings every four years, just like Bitcoin.
Is Bitcoin Cash safe to use?
Bitcoin Cash is secured by a Proof-of-Work consensus mechanism and has a robust network of miners. It benefits from many of the same security principles as Bitcoin. However, as with all cryptocurrencies, users should take precautions such as using secure wallets, safeguarding private keys, and avoiding phishing scams.
Where can I buy and store Bitcoin Cash?
You can buy BCH directly on Phemex, and we’ll securely hold it on your behalf as a custodial exchange. You can also use other cryptocurrency like USDT to trade BCH on the Phemex spot market. After acquiring BCH, it will be held in your Phemex spot wallet which boasts meticulous security mechanisms.






