Bitcoin Cash (BCH) 24 Hour Trading Volume Tops $445.74 Million

Bitcoin Cash (BCH) traded up 4.2% against the U.S. dollar during the 1-day period ending at 18:00 PM Eastern on October 29th. One Bitcoin Cash coin can now be purchased for approximately $380.25 or 0.00526525 BTC on exchanges. Bitcoin Cash has a total market capitalization of $7.52 billion and $445.74 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. During the last seven days, Bitcoin Cash has traded up 6.5% against the U.S. dollar.

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

• Bitcoin (BTC) traded 3.5% higher against the dollar and now trades at $72,218.63 or 1.00000000 BTC.
• Arweave (AR) traded 3.7% higher against the dollar and now trades at $16.90 or 0.00023406 BTC.
• Bitcoin SV (BSV) traded up 1% against the dollar and now trades at $51.63 or 0.00071487 BTC.
• eCash (XEC) traded up 2.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 2.3% higher against the dollar and now trades at $0.10 or 0.00000142 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It was first traded on August 1st, 2017. Bitcoin Cash’s total supply is 19,781,109 coins. Bitcoin Cash’s official website is www.bitcoincash.org. The official message board for Bitcoin Cash is bitcointalk.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed 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 acquire Bitcoin Cash using US dollars directly can do so using GDAX, Changelly or Gemini.

BCH/USD price chart by TradingView