Bitcoin Cash (BCH) is a fork of Bitcoin designed to address scalability issues. Developed by a team of Bitcoin miners, it increases block size to process more transactions—effectively improving Bitcoin's functionality.
How Bitcoin Cash (BCH) Works
Bitcoin Cash employs a larger block size than BTC, enabling faster transaction processing. Key features include:
- Faster Transactions: Resolves Bitcoin's slow transaction speeds.
- Lower Fees: Competitive edge over traditional Bitcoin networks.
- Retail-Friendly: Ideal for small-scale payments due to efficiency.
Historical Bitcoin Cash Price Data
- Current Price: $479.17
- Market Cap: $9.53 billion
- Circulating Supply: 19,036,206.25 BCH (91% of total supply)
Key Use Cases for Bitcoin Cash (BCH)
- Payments: Cheaper and faster than BTC for retail transactions.
- Smart Contracts: Enhanced utility via programmable agreements.
- Decentralization: Maintains Bitcoin’s original ethos.
Where to Buy Bitcoin Cash (BCH)?
Top exchanges for purchasing BCH:
- Binance (Global) / Binance.US (U.S. customers)
- Coinbase
- KuCoin
👉 Compare BCH trading platforms
Purchasing Steps:
- Deposit fiat currency into an exchange.
- Buy BCH tokens via spot trading.
- Store in an exchange wallet or transfer to a hardware wallet like Trezor.
Bitcoin Cash vs. Competitors
| Feature | Bitcoin Cash (BCH) | Bitcoin (BTC) | Lightning Network |
|-----------------------|---------------------|---------------|--------------------|
| Transaction Speed | Fast | Slow | Instant |
| Fees | Low | High | Ultra-low |
| Use Case | Payments | Store of Value | Micropayments |
Controversies and Challenges
- 2018 Price Crash: Dropped from $4,000+ to ~$300.
- Network Attacks: Past vulnerabilities raised security concerns.
- Mining Profitability: Less lucrative than BTC mining.
Future of Bitcoin Cash
- Scalability: Ongoing improvements to handle higher transaction volumes.
- Adoption: Focused on retail payment integration.
- Layer-2 Solutions: Potential integration with protocols like Lightning Network.
Pros and Cons
Pros
✔ Faster, cheaper transactions
✔ Smart contract capabilities
✔ Decentralized governance
Cons
✘ No SegWit integration
✘ Volatile price history
✘ Lower mining rewards
FAQ
Q: Is Bitcoin Cash a good investment in 2025?
A: It depends on market conditions. BCH offers utility but carries volatility risks.
Q: Can I mine Bitcoin Cash?
A: Yes, though profitability is lower than BTC mining.
Q: How does BCH differ from Bitcoin SV?
A: Bitcoin SV further splits from BCH, focusing on larger block sizes and smart contracts.
Q: What’s the max supply of BCH?
A: 21 million BCH, mirroring Bitcoin’s cap.
👉 Explore BCH trading strategies
Data updated: May 2025. Prices and market cap fluctuate.