Circulating supply: 19 333 937 $
Max supply: 21 000 000 $
Cmc rank: 1
Volume 24h: 16 908 417 000 $
Percent change 1h: 0,21 %
Percent change 24h: 2,5 %
Percent Change 7d: 3,8 %
Name: Bitcoin Cash
Circulating supply: 19 352 519 $
Max supply: 21 000 000 $
Cmc rank: 28
Volume 24h: 118 846 050 $
Percent change 1h: 0,16 %
Percent change 24h: 3,1 %
Percent Change 7d: 0,45 %
So, you harken of both BTC vs BCH cryptocurrencies, but you're not quite sure which one is more acceptable? Don't worry. This is one of the most global questions in the society of cryptocurrencies, since both crypto are very alike to each other. Hence, in this guideline, we will strive to inform you what is close and how the Bitcoin cryptocurrency be different from Bitcoin Cash .
BTC vs BCH: Which Is a Better Buy?
Bitcoin is the most expensive and respectable crypto. No wonder it is flatteringly referred to as "digital gold". Therefore, BTC coins should be in the portfolio of every weighty investor.
As for Bitcoin Cash, this coin is better served as a means of payment for daily use, although some also invest in it for future profits.
Therefore, when choosing between BTC and BCH, think about how you are going to use it, as well as analyze the current market data.
Differences Between BTC and BCH
Considering the differences between bitcoin and bitcoin cash, it will be easier to choose which coin to buy.
This area is the main weakness of Bitcoin and the reason for the emergence of Bitcoin Cash. The BTC block size is 1 MB, which allows it to process up to 7 transactions per second.
The BCH block size is 32 times larger, making it capable of processing up to 300 transactions per second.
In general, all cryptocurrencies are decentralized, this is the essence of the whole blockchain technology. Nevertheless, some coins are more decentralized than others, which also affects their security level. And this is where Bitcoin outperforms Bitcoin Cash. And this is where Bitcoin outperforms Bitcoin Cash. As the latter increased the level of scalability with more powerful computers, it began to need a more funded and centralized ecosystem. Thus, Bitcoin is more decentralized and secure than its offspring.
- Fees and transaction speed
The fees for Bitcoin transactions depend on their size, but the average is currently 0.00005 BTC (about $1.22).
Focused on daily transactions of mass use, Bitcoin Cash did not impose high fees on users. At the moment, the average transaction fee for BCH coins is approximately $0.0033.
Due to its scalability, BCH transaction processing time is measured in seconds, while BTC transactions take minutes at best.
- Market capitalization
Bitcoin's market capitalization of $462 460 337 716 makes it a whale in a sea of crypto assets. The Bitcoin Cash’s market cap is 177 times smaller than its progenitor and currently stands at $2 605 877 791.
- Trading volume
As of 01.04.2023, Bitcoin's daily trading volume is 16908417376.38500000, while Bitcoin Cash’s daily trading volume is 118846048.27096000.
- Changes in the exchange rate of coins
The Bitcoin rate has changed by 2.45495985 over the past 24 hours, and by 3.82263393 over the last week.
The rate of Bitcoin Cash has changed by 3.06472023 over the past 24 hours, and by 0.45204029 over the last week.
BTC vs BCH : which is more acceptable?
Both frames have proper cryptocurrencies that are led by their seed patron, private patron and general client. Also, they are explicitly traded by cryptocurrency trades and are used as a means to keep value or for theoretic investment. So, Bitcoin vs Bitcoin Cash in time of token importance and exchangeability are pretty like considering that both their importance floats and vibrates according to market circumstances.
Convert Bitcoin (BTC) to Bitcoin Cash (BCH) at the Best Rates
In order to profitably exchange BTC to BCH, every conscious investor goes in search of the best rate. However, the result of the transaction is not always easy to assess, since the exchangers may hide information about the payment for their services.
In addition, the instability of the crypto market can lead to the fact that upon completion of the transaction, the rate may change, and you will not receive the amount that you originally expected.
To address the unfavorable factors mentioned above, Godex.io has several solutions:
- Fixed rate. The exchange rate is frozen for 30 minutes and is not affected by the volatile market.
- No additional hidden fees. Godex does not cooperate with centralized intermediaries that would require additional fees for their services.
- Best rate monitoring. Once a user initiates a BTC to BCH exchange, the converter scans leading exchanges for the best deal.
A quick review to a BTC vs BCH price chart
Both Bitcoin vs Bitcoin Cash bear from the one fluctuations that all primary crypto markets do, it’s right that at the same moment they can execute better than the old one cryptos, but they yet are entangled and conduct oneself as other major crypto trading platforms. So the BTC vs BCH feud cannot be solved just by observing at market/price schedule.
How to Invest in Both Bitcoin and Bitcoin Cash
To profitably invest in Bitcoin and Bitcoin Cash, use the currency converter at the top of the Godex.io website and exchange the crypto you have at the best rate. The website imposes no restrictions on the frequency and volume of transactions. For a large number of BCH and BTC coins, it is recommended to get a hardware wallet.
Bitcoin vs. Bitcoin Cash: Blockchain Capacity
Bitcoin's capacity is its weak point. Due to the small block size, the network is only able to process 3-7 transactions per second. But even this does not threaten its supremacy in the competitive world of crypto assets.
With a block size of 32 times larger, Bitcoin Cash is capable of processing 100-300 transactions per second.
Bitcoin vs Bitcoin cash : conclusion
BTC and BCH split up a lot of resemblance but break up in their aim auditorium.
The Bitcoin vs Bitcoin Cash battle looks like to have finished in a industrial tie, they can both coexist so far as they have divers targets. Yes, they have resemblance but that both are based on a thriving type and are not surely a bad thing. Both are promising, sustainable and have massive base.
In the technological part of the BTC vs BCH counse, we commence by noticing that their algorithm is varied . Bitcoin and Bitcoin Cash they both are by standard and decentralized. It’s denomination notices that both aim at safety hereinafter fees and rapid transactions.
What are the purposes of BTC and BCH?
Bitcoin aims to maintain its status as the most valuable and popular crypto, as well as being the number one choice for investors.
On the other hand, BCH aims to capture the “cash” market and become something of a PayPal 2.0 medium of exchange, offering faster speeds and lower transaction costs. It does not strive to become "digital gold" that would gather dust in thick portfolios of investors, but to be suitable for daily mass use.
Bitcoin vs. Bitcoin Cash: Which One to Choose?
Due to its slowness, Bitcoin is hardly the best choice as a means of payment for everyday use, but the high level of decentralization and security, along with respectability and a huge community, can claim to be a long-term investment.
Bitcoin Cash, on the contrary, has all the properties for daily use in small transactions.
Therefore, in choosing a coin, start from your goals and the current situation in the crypto market.
Which is safe BTC or BCH?
Bitcoin technology eliminates the possibility of counterfeiting, as well as the control of any group of people. The level of its decentralization, and hence security, is quite high.
On the other hand, Bitcoin Cash, by increasing its scalability, has threatened its decentralization. The increase in block sizes has required more powerful computers, which has led to the need for a more funded and centralized ecosystem.