Purchase Bitcoin Cash (BCH) with Hungarian Forint (HUF) 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 addresses use the CashAddr format, which begins with “q” or “p,” distinguishing it from Bitcoin addresses and reducing errors.
SLP tokens can represent assets, rewards, or other forms of digital value on the Bitcoin Cash blockchain, used in gaming, loyalty programs, and more.
Bitcoin Cash transactions typically confirm in about 10 minutes, similar to Bitcoin, although confirmation time can vary depending on network activity.
SLP is a token standard on Bitcoin Cash that enables the creation of custom tokens, allowing for various assets to be represented on the BCH blockchain.
While Bitcoin Cash itself isn’t a stock, some cryptocurrency exchanges allow users to trade BCH with various pairs, making it available for speculation.