Bitcoin Cash is a hard fork version of Bitcoin. The first hard fork was in 2017 and the second one was in 2018. The main difference between Bitcoin and Bitcoin Cash is the size of the blocks. Bitcoin's block size is limited to 1 MB per block and it makes the entire system perform slow. Bitcoin Cash is created to solve the network speed problem by increasing the size of the blocks. Bitcoin Cash is meant to be used as a daily currency with its faster network. The price of Bitcoin and Bitcoin Cash is different.
With a total market cap of over $4.77 billion, Bitcoin Cash is the No. 14 cryptocurrency by market size. The currency symbol for Bitcoin Cash is BCH. Bitcoin Cash uses the SHA-256 hashing algorithm. There will only ever be 21 million Bitcoin Cash tokens issued. So far 19.5 million tokens (93.1% of the total supply) have been issued.
We found crypto protocols offering up to 56.8% APY on Bitcoin Cash deposits (8% APY CeFi, 56.8% APY DeFi) and loans as low as 6.9% APR against Bitcoin Cash used as collateral. Check out our Bitcoin Cash staking yields table and Bitcoin Cash loan rates table for further details.
The technical price analysis for Bitcoin Cash below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Bitcoin Cash.
AYes Bitcoin Cash is mineable which means that new coins can be created by miners working on the network.
QWhat concensus algorithm does Bitcoin Cash use?
ABitcoin Cash uses a proof of work sha-256 concensus algorithm.
QWhat ecosystem is Bitcoin Cash part of?
ABitcoin Cash is part of the Bitcoin ecosystem.
QIs it possible to stake Bitcoin Cash to generate passive income?
AYes, staking is available for Bitcoin Cash on a number of platforms. For a full list of Bitcoin Cash staking yields see our list of Bitcoin Cash staking yields.
QHow much can I earn staking Bitcoin Cash?
AYou can earn up to 56.8% APY by staking your Bitcoin Cash tokens. Check out our Bitcoin Cash staking yields table for further details.
QWhere is the best place to stake Bitcoin Cash?
ARight now the best staking rates are on Thorchain with an income rate of up to 56.8% APY.
QWhat is the difference between CeFi and DeFi staking rates for Bitcoin Cash?
AThe best CeFi staking rate that we could find for Bitcoin Cash is on Nexo with an income rate of up to 8% APY and the best DeFi staking rate is on Thorchain with an income rate of up to 56.8% APY.
QIs it a good time to buy Bitcoin Cash?
AYou can check the technical indicators for Bitcoin Cash on the Bitcoin Cash Price Trend tab. These indicators are based on the analysis of multiple trading signals for Bitcoin Cash.
QWhere is the best place to buy Bitcoin Cash?
AYou can find the cheapest exchange on which to buy Bitcoin Cash on the Bitcoin Cash Buy tab.
QCan you get a Bitcoin Cash loan without collateral?
AAlmost all Bitcoin Cash loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Bitcoin Cash flash loans which allow you to borrow uncollateralised Bitcoin Cash for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Bitcoin Cash loans on the Bitcoin Cash Loans tab.
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