Buy BCH (BCH) with AUD

Introduction to Bitcoin Cash

Bitcoin Cash (BCH) is a peer-to-peer cryptocurrency that was created as a fork of the original Bitcoin blockchain. Bitcoin Cash aims to provide a scalable and efficient digital currency for everyday transactions. The cryptocurrency increases the block size limit, allowing for more transactions to be processed per block.

How Bitcoin Cash Works

Bitcoin Cash operates on a blockchain similar to Bitcoin's but with a larger block size limit, enabling faster transaction confirmation times and lower fees. The BCH token is used for transactions, payments, and value storage within the Bitcoin Cash ecosystem. Users can send and receive Bitcoin Cash directly from their wallets or through supported exchanges.

Advantages of Bitcoin Cash

Bitcoin Cash offers fast and low-cost transactions, making it suitable for everyday use as digital cash. The cryptocurrency's larger block size allows for more transactions to be processed per block, increasing scalability. Bitcoin Cash maintains the decentralized and censorship-resistant nature of Bitcoin, while offering improved transaction throughput.