Bitcoin Cash Tops 24-Hour Trading Volume of $310.52 Million (BCH)

Bitcoin Cash (BCH) traded up 3.2% against the dollar during the 24 hour period ending at 16:00 PM ET on May 2nd. Bitcoin Cash has a market cap of $8.46 billion and approximately $310.52 million worth of Bitcoin Cash was traded on exchanges in the last day. One Bitcoin Cash coin can currently be bought for approximately $429.36 or 0.00726218 BTC on exchanges. In the last seven days, Bitcoin Cash has traded 10.6% lower against the dollar.

Here’s how related cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded 2.8% higher against the dollar and now trades at $59,122.55 or 1.00000000 BTC.
  • Arweave (AR) traded 25.8% higher against the dollar and now trades at $35.47 or 0.00060002 BTC.
  • Bitcoin SV (BSV) traded 2% higher against the dollar and now trades at $59.30 or 0.00100299 BTC.
  • eCash (XEC) traded 4.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Syscoin (SYS) traded 4.5% higher against the dollar and now trades at $0.19 or 0.00000328 BTC.

Bitcoin Cash Coin Profile

Bitcoin Cash (CRYPTO:BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its genesis date was August 1st, 2017. Bitcoin Cash’s total supply is 19,700,275 coins. The official website for Bitcoin Cash is www.bitcoincash.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. The official message board for Bitcoin Cash is bitcointalk.org.

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 Coinbase, Gemini or Changelly.

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