Buy Bitcoin Cash.

The current Bitcoin Cash price is $580.06 as in the last 24 hours its value has changed by 0.27%. Bitcoin Cash ranks number 23 in terms of market capitalization. Bitcoin Cash is a cryptocurrency you can buy, sell, or exchange on the Nexo platform.

Launched in 2017, Bitcoin Cash (BCH) is a hard fork of Bitcoin. The digital asset was introduced as a solution more closely tied to everyday transactions, with increased transaction speeds and lower fees being at the center of its advantages. The split from Bitcoin emerged through a debate on BTC’s scalability. Bitcoin Cash supporters favored larger block sizes than Bitcoin’s 1 MB. As a result, BCH increased its block size to 8 MB and later to 32 MB, allowing for more transactions per block. Running on its own blockchain, Bitcoin Cash retains Bitcoin’s proof-of-work consensus and its fixed supply of 21 million coins. It differs by being a more defined peer-to-peer payment system with lower fees and faster processing times. These advantages have made it an accepted payment method for various merchants globally. The digital asset continues to evolve with regular community-driven updates aiming to enhance its usability and make it more easy to scale. Some view Bitcoin Cash as a direct competitor to Bitcoin, while others see it as the pure form of what Bitcoin was originally launched to be, a solution making online payments faster and more practical. With strong adoption and ongoing efforts at growing its potential, Bitcoin Cash remains a fast and cost-effective alternative for payments, positioning it as a prominent player in the crypto space.