Purchase Bitcoin Cash (BCH) with Swiss Franc (CHF) easily at Switchere and benefit from fast, secure transactions.
Bitcoin Cash (BCH) is a decentralized cryptocurrency that emerged as a fork from Bitcoin in 2017 to address Bitcoin’s scalability issues, aiming to support faster transactions and lower fees. Designed to be more efficient for day-to-day transactions, BCH increased block size limits from Bitcoin's 1MB to 8MB initially, later expanding further to 32MB, allowing the network to handle a higher volume of transactions at a lower cost. Its ecosystem includes wallet support, merchant adoption, and cross-border payments, making BCH a practical alternative for peer-to-peer digital transactions. Bitcoin Cash has also fostered a community focused on preserving the original vision of Bitcoin as "peer-to-peer electronic cash," prioritizing usability in payments over the store-of-value narrative that Bitcoin has adopted. Its robust development team continues to innovate with features such as Schnorr signatures and new smart contract capabilities, making BCH a unique asset in the cryptocurrency landscape.
Bitcoin Cash transactions can confirm within a few seconds to a few minutes, depending on network conditions and the transaction fee.
A halving event reduces the block reward for miners by 50%, occurring approximately every four years, designed to control the BCH supply and mimic Bitcoin’s economic model.
Yes, like Bitcoin, Bitcoin Cash follows a fixed issuance schedule, decreasing miner rewards every four years through halving events until the maximum supply is reached.
Yes, Bitcoin Cash is a popular choice for international remittances due to its low fees and fast processing times, allowing for affordable global transfers.
Bitcoin Cash has had three halving events, with the most recent in April 2020, reducing the block reward from 12.5 BCH to 6.25 BCH.