Today's Bitcoin Cash (BCH) Price Overview
Bitcoin Cash (BCH) is currently priced at $476.00 USD**, with a 24-hour trading volume of **$417.19 million. Over the past 24 hours, BCH has shown 0.00% price movement. The circulating supply stands at 19.89 million BCH, with a maximum supply capped at 21 million BCH.
What Is Bitcoin Cash?
Bitcoin Cash is a cryptocurrency adapted from the original Bitcoin project, designed as peer-to-peer digital cash to enhance transaction efficiency. Key features include:
- Rapid payments
- Ultra-low fees
- High privacy standards
- Scalable transaction capacity
👉 Discover how Bitcoin Cash compares to other major cryptocurrencies
The Evolution of Bitcoin Cash
Born from Bitcoin's scalability debates, Bitcoin Cash emerged via a hard fork on August 1, 2017. Key milestones:
- 2017: Initial fork increased block size to 8 MB (vs. Bitcoin’s 1 MB)
- 2018: Block size expanded to 32 MB
- 2018 Fork: Created Bitcoin SV (BSV) due to ideological differences
- 2020 Fork: Launched Bitcoin Cash ABC (BCHA), introducing an 8% miner tax for developer funding
How Bitcoin Cash Works
Bitcoin Cash operates on a proof-of-work consensus algorithm, securing its network through mining. Critical technical aspects:
- Larger block size (32 MB) enables faster transactions
- Maintains low fees despite high throughput
- Miners earn BCH rewards for validating blocks
Core Advantages Over Bitcoin
| Feature | Bitcoin Cash (BCH) | Bitcoin (BTC) |
|---|---|---|
| Block Size | 32 MB | 1 MB |
| Transactions | Faster | Slower |
| Fees | Lower | Higher |
Practical Uses of Bitcoin Cash
- Peer-to-Peer Payments: Send/receive funds globally with minimal fees.
- Merchant Adoption: Used by businesses for quick, low-cost transactions.
- Micropayments: Ideal for small-value transfers due to negligible costs.
👉 Explore platforms accepting Bitcoin Cash payments
Frequently Asked Questions (FAQs)
What’s the difference between Bitcoin and Bitcoin Cash?
Bitcoin Cash prioritizes transaction speed and cost efficiency through larger block sizes, while Bitcoin focuses on being a store of value with stricter block limits.
Is Bitcoin Cash a good investment?
Like all cryptocurrencies, BCH carries volatility risks. Its utility for fast payments and growing adoption may appeal to investors seeking practical-use coins.
How can I buy Bitcoin Cash?
BCH is available on major exchanges like Crypto.com, Binance, and OKX. Purchase options include:
- Credit/debit cards
- Bank transfers
- Trading pairs (e.g., BCH/USDT)
What’s the future of Bitcoin Cash?
Development focuses on:
- Further scaling solutions
- Enhanced privacy features
- Broader merchant integration
Can Bitcoin Cash replace Bitcoin?
Unlikely as a "replacement," but BCH serves distinct needs—particularly for users prioritizing everyday transactions over long-term holding.
How is Bitcoin Cash mined?
Using ASIC miners, participants compete to solve cryptographic puzzles, earning BCH rewards for securing the network.