Bitcoin Cash Price Reaches $307.47 on Exchanges (BCH)

Bitcoin Cash (BCH) traded 2.1% lower against the dollar during the twenty-four hour period ending at 15:00 PM Eastern on September 5th. In the last week, Bitcoin Cash has traded down 4.4% against the dollar. Bitcoin Cash has a total market cap of $6.07 billion and approximately $140.74 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be purchased for approximately $307.47 or 0.00543494 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 3% lower against the dollar and now trades at $56,572.84 or 1.00000000 BTC.
• Arweave (AR) traded 1.4% higher against the dollar and now trades at $21.21 or 0.00037499 BTC.
• Bitcoin SV (BSV) traded up 0.7% against the dollar and now trades at $46.01 or 0.00081320 BTC.
• eCash (XEC) traded 0.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 3.2% higher against the dollar and now trades at $0.10 or 0.00000181 BTC.

Bitcoin Cash Coin Profile

BCH is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 19,756,709 coins. Bitcoin Cash’s official message board is bitcointalk.org. The official website for Bitcoin Cash is www.bitcoincash.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Cash (BCH) is a decentralized cryptocurrency created in 2017 through a hard fork of the Bitcoin blockchain. It has a larger block size than Bitcoin, allowing for faster and cheaper transactions. Bitcoin Cash can be used as a means of exchange and store of value and is gaining acceptance among merchants and businesses worldwide. It was created by a group of developers and miners who believed that Bitcoin needed modifications to address scalability issues. The main developer team was initially called “Bitcoin ABC,” but development has since become more decentralized.”

Buying and Selling Bitcoin Cash

Investors seeking to trade Bitcoin Cash using US dollars directly can do so using Changelly, Gemini or Coinbase.

BCH/USD price chart by TradingView