Purchase Bitcoin Cash (BCH) with New Zealand Dollar (NZD) 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.
SmartBCH is designed to enable Ethereum-compatible DeFi applications on Bitcoin Cash, expanding BCH’s utility beyond peer-to-peer payments.
Through SmartBCH, Bitcoin Cash can support Ethereum-compatible smart contracts, making DeFi projects and dApps possible on the BCH network.
Bitcoin Cash’s PoW consensus and rapid block confirmations reduce the likelihood of double-spending, a situation where the same funds are spent twice.
Some services allow users to send BCH via email, but the recipient typically needs to create a BCH wallet to claim the funds.
A Bitcoin Cash paper wallet is an offline storage method where BCH private keys are printed on paper, providing a secure way to store BCH without digital devices.