Purchase Bitcoin Cash (BCH) with Israeli New Shekel (ILS) 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 ATMs allow users to buy or sell BCH for cash, providing a convenient way to interact with Bitcoin Cash without a traditional exchange.
Bitcoin Cash ABC was a competing fork of Bitcoin Cash focused on different development paths. It ultimately split from BCH in 2018, resulting in Bitcoin SV.
Both offer fast and low-cost transactions, but Bitcoin Cash is fully decentralized, whereas Ripple’s network relies on trusted nodes, making BCH more resistant to censorship.
Bitcoin SV is a fork of Bitcoin Cash created in 2018, focusing on larger blocks (128 MB) for greater scalability, while Bitcoin Cash prioritizes a more balanced approach.
CHIPs are proposals for upgrading Bitcoin Cash, similar to Bitcoin’s BIPs, allowing the community to suggest and vote on network improvements.