Bitcoin Cash (BCH): What It Is, How It Works, and How to Buy It
- Bitcoin Cash (BCH) was created on August 1, 2017, through a hard fork of Bitcoin at block #478,559.
- BCH uses a 32MB block size — 32 times larger than Bitcoin's 1MB limit — enabling faster transactions and lower fees.
- Transaction fees on the Bitcoin Cash network typically run below $0.01 under normal network conditions.
- Unlike Bitcoin, which is widely treated as a store of value, BCH is designed for everyday peer-to-peer payments and transfers.
- The 2023 CashTokens upgrade added native support for fungible tokens and NFTs directly on the BCH blockchain.
- BCH has a hard-capped maximum supply of 21 million coins, identical to Bitcoin.
What Is Bitcoin Cash? The Origin of the Bitcoin Fork
How Bitcoin Cash Works
1.Block Size and Transaction Speed
2.Bitcoin Cash Transaction Fees
3.Proof-of-Work Mining
4.CashTokens and Smart Contracts
Bitcoin Cash vs Bitcoin: Key Differences in Fees, Speed, and Purpose
1.Purpose and Philosophy
2.Fees and Speed
3.Market Position
How to Buy Bitcoin Cash (BCH) on MEXC
- Create a MEXC account — sign up at MEXC and complete identity verification.
- Deposit funds — add USDT or another supported asset to your account.
- Search for BCH — navigate to the spot market and search "BCH/USDT."
- Place your order — enter the amount you want to buy and confirm the trade.
- Store your BCH — keep it in your MEXC wallet or transfer it to a personal Bitcoin Cash wallet for self-custody.
FAQ
Conclusion
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