BTC cash or bitcoin cash came out of a split in the insanely-popular and most promising cryptocurrencies in the world at present- Bitcoin. Sharing a common legacy with Bitcoin, Bitcoin Cash emerged when people started questioning about the scalability of Bitcoin in the long term. If you seek the same benefits of trading in bitcoins at a lower price, bitcoin cash might be the most lucrative cryptocurrencies for you, at present. Before giving you insights about BTC cash trading, let us shed some light on the events that led to split in Bitcoin and emergence of Bitcoin Cash.
Bitcoin was split into two chains in August 2017 and both the resultant cryptocurrencies shared a common transaction history. The split process was initiated by increasing the block size from 1 MB to 8 MB at Block 478558. Bitcoin cash increased block size limit to 8 MB meaning that bitcoin cash could process greater number of transaction through its ledger. This created different routes for bitcoin cash and bitcoin from the subsequent blocks. With increased block size capacity, bitcoin cash promises faster execution of trade orders.
When Bitcoin cash was launched, it held 20% of the total bitcoin volumes in the world. The prices of Bitcoin cash has been increasing ever since its inception, depicting huge interest for the cryptocurrency in the market.
Bitcoin cash runs on same principles and aims at fulfilling the same promise of P2P electronic cash with lower fee and faster confirmations. This give users faster and much more reliable transactions at a cheaper rate. As a cryptocurrency, bitcoin cash is among the top 5 cryptocurrencies, at present. The future shows significant promise owing to its global adoption, decentralized development, faster innovation and unrestricted financial growth.
Bitcoin cash’s decentralized platform is capable of handling large transaction volumes making it an ideal cryptocurrency for the future. You might see it skyrocketing just like bitcoin in coming few months. As BTC and BTC cash share the same legacy, bitcoin cash is expected to grow leaps and bounds just like its counterpart.
By using a peercoin exchange for bitcoin cash trading, you can also buy bitcoin cash with ease, in just a few minutes. It is one of the simplest, fastest and most secure ways to buy cryptocurrencies like bitcoin cash, online. If you also want to grow your investment quickly, you must start investing in cryptocurrencies using CryptoIdol cryptocurrency trading exchange. As we support bitcoin cash, you can buy or sell BTC cash without any hassle and directly pay using your existing bank account.
The transaction fees of BTC Cash transactions are very low. You can send funds anywhere without worrying about the fees.
BCC transactions are executed at lightning speed. You’ll get the transaction confirmation in a few minutes.
BCC boasts of being one of the most powerful blockchain technologies in the world.
Bitcoin Cash transactions are effortless and one can do them easily without any difficulty.
The Bitcoin cash network runs smoothly without any bottlenecks.
The BTC Cash payment system is well built. Hence, it is highly secure and reliable.