Purchase Bitcoin Cash (BCH) with Indonesian Rupiah (IDR) 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.
With a fixed supply of 21 million BCH, Bitcoin Cash is deflationary and may act as a hedge against inflation, similar to Bitcoin.
Due to its quick confirmations and relatively stable network, Bitcoin Cash can be used for high-frequency trading, though it’s subject to volatility.
While Bitcoin Cash transactions are public, tools like CashFusion provide enhanced privacy options, enabling users to transact with more anonymity.
Bitcoin Cash’s price is influenced by market demand, adoption rates, overall crypto market trends, regulatory news, and macroeconomic factors.
Bitcoin Cash transactions are irreversible once confirmed on the blockchain, similar to other cryptocurrencies, which prevents fraud but requires careful handling.