In this article, we shall be explaining to you what Bitcoin Cash is all about and also How To Buy Bitcoin Cash without stress. You shall also see the good feature of Bitcoin Cash.
What is Bitcoin Cash?
Bitcoin Cash is a cryptocurrency that shares many of the same characteristics as Bitcoin (BTC) yet also integrates a number of changes and features that set it apart. It is considered a ‘fork’ of Bitcoin, although proponents argue that Bitcoin Cash more closely adheres to the original vision of creating a peer-to-peer electronic cash system as laid out in a 2008 white paper written by the founder of the protocol, a person or group going by the pseudonym Satoshi Nakamoto.
Bitcoin Cash Features
Below are the features of BCH;
- Bitcoin Cash is Open to anyone.
- It is Pseudonymous
- Bitcoin Cash is Transparent
- It is Secure
- It has a fixed supply.
- Furthermore, it has a Low Fees.
- It is Rules-based.
- It is Immutable
- It is Distributed
How Can I Buy Bitcoin Cash?
Below is how you can buy Bitcoin cash using Trust Wallet.
- Open a binance
- Now download Trust wallet.
- Head back to the binance website and buy binance to your software wallet.
- Go back to Trust wallet and confirm that you’ve received the binance coin.
- Once confirmed, add the BCH token to your portfolio. To do this, tap on the file like icon at the top right side of the page and search for Bitcoin cash using the search bar. To add it to your wallet, simply toggle it on.
- Now, head over to the Apps section on Trust wallet and search for pancake swap
- Open pancake swap and connect your wallet.
- You should now see the amount of binance you have on the first field of the exchange form. At the bottom, tap on the “Select a currency” dropdown.
- Paste the contract address into the search bar and tap on the “BCH” token.
- Import the token and type the amount you wish to buy.
- Tap on the “Swap” button and enter your password if prompted.
- Now go back to your wallet and confirm the purchase.
What is the Future of Bitcoin Cash?
|2021||$500 – $4,000|
|2022||$1,000 – $2,000|
|2023||$2,500 – $3,500|
|2025||$5,000 – $12,000|
There you have it. It’s as easy as that. Once you have BCH in your account, you can send it to whomever you desire.