Bitcoin Cash Price Hits $327.78 on Exchanges (BCH)

Bitcoin Cash (BCH) traded 0.5% higher against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on October 13th. Bitcoin Cash has a market cap of $6.48 billion and $160.96 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. Over the last seven days, Bitcoin Cash has traded down 0.5% against the U.S. dollar. One Bitcoin Cash coin can now be purchased for about $327.78 or 0.00511486 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 2.2% higher against the dollar and now trades at $64,145.76 or 1.00000000 BTC.
• Arweave (AR) traded up 1.3% against the dollar and now trades at $19.49 or 0.00030421 BTC.
• Bitcoin SV (BSV) traded 1.7% higher against the dollar and now trades at $46.16 or 0.00072027 BTC.
• eCash (XEC) traded up 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 1.5% higher against the dollar and now trades at $0.10 or 0.00000161 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 19,773,909 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. 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.

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 GDAX.

BCH/USD price chart by TradingView