What currency is bcash

bcash what currency

bcash what currency According to Bitcoin. com website, Bcash (BCH) is a distributed Cryptocurrency based on Ethereum blockchain. BCH went online on May 16, 2014 after being recognized as a legal digital asset by the U.S. Securities and Exchange Commission in 2015. According to official news, the total number of tokens on the Bitcoin Cash cash network is about 1 billion, and about half of them are held by the team itself

It is reported that since 2017, with the continuous increase of btc, Litecoin, Monero and other projects and the increasing number of community participants, the demand for encrypted assets is also growing rapidly

What is BCH?

Bitcoin Cash (BCH) is the prototype after Bitcoin forks. The project was upgraded on January 3, 2014 at block height 9300

According to the official statement, Bch is a special type of Cryptocurrency, and “BCH” was dug up by bitcoincash.org. Technically speaking, it allows users to send and receive cash, funds, and legal assets without a bank account. In addition, it can also be used for trading purposes: “BTC”, “ETH”, “XRP”.

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