Bitcoin Cash (BCH) Frequently Asked Questions

For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
Bitcoin Cash News Team

Bitcoin Cash News Team

HOW DO I BUY BITCOIN CASH?

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies.

WHERE CAN I GET BITCOIN CASH WALLET?

Bitcoin Cash produces its own wallet software that is available for download on its website, which allows you to store Bitcoin Cash on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

Bitcoin Cash is a proof of work (PoW) coin that uses the SHA-256 algorithm.

WHAT IS THE VALUE OF BITCOIN CASH?

One Bitcoin Cash (BCH) is currently worth $315.17 on major cryptocurrency exchanges. You can also exchange one Bitcoin Cash for 0.01715382 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Bitcoin Cash in U.S. dollars is $5.86 billion.

HOW DO I MINE BITCOIN CASH?

Bitcoin Cash and other SHA-256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Butterfly Labs, Canaan (AvalonMiner), FutureBit and GridSeed. ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

WHAT COINS ARE SIMILAR TO BITCOIN CASH?

The following coins use Bitcoin Cash’s SHA-256 algorithm and proof of work (PoW) proof-type: Bitcoin,  Steem, Unobtanium, Namecoin, Counterparty, Crown, DAOBet, Color Platform, Terracoin, PIXEL, Zetacoin, ATBCoin, Titcoin and Dollarcoin.

WHAT IS THE REDDIT PAGE FOR BITCOIN CASH?

The official Reddit community (subreddit) for Bitcoin Cash is r/BTC

 

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