-
Bitcoin $83,416.9924
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0.33% - Bitcoin Cash
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0.49% - MANTRA
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1.25% - Ethena USDe
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$1.0000
0.00% - Bitget Token
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0.25% - Hyperliquid
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$210.5053
1.82% - Uniswap
$5.9583
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$5.2030
0.57%
What is BCH? Detailed introduction to BCH coin online trading platform and total amount
BCH emerged as an alternative to Bitcoin, addressing scalability concerns with a larger block size, faster confirmation times, and lower transaction fees.
Oct 17, 2024 at 08:00 am
BCH: A Comprehensive Guide to the Cryptocurrency
1. Overview of BCH
Bitcoin Cash (BCH) is an offshoot of Bitcoin (BTC), launched in August 2017. It was created as a response to concerns about Bitcoin's scalability and high transaction fees.
2. Key Features of BCH
- Larger block size: BCH has a larger block size limit (currently 32MB) compared to Bitcoin's 1MB block size. This allows for more transactions to be processed in each block, increasing the network's throughput.
- Faster confirmation times: With larger blocks, transactions on BCH can be confirmed more quickly than on Bitcoin, typically within a few minutes.
- Lower transaction fees: BCH transaction fees are significantly lower than Bitcoin's, making it more affordable for small-value transactions.
3. Online Trading Platforms for BCH
BCH can be traded on various online exchanges, including:
- Binance
- Coinbase
- Kraken
- Huobi Global
- OKX
4. Total Amount of BCH
The total supply of BCH is capped at 21 million coins, similar to Bitcoin. As of February 2023, approximately 19.4 million BCH have been mined.
5. Value and Market Performance
BCH's value fluctuates based on market demand and supply. It has experienced periods of significant growth and volatility since its launch. As of February 2023, BCH is ranked 11th by market capitalization among cryptocurrencies.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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