Trade Bitcoin Cash - BCH CFD
$288.561
-2.99% (-8.89)
BCH Price Chart
Chart data is currently unavailable.
*Past performance is not an indication of future results
High: 290.241
Low: 275.680
Trader sentiment:
Sellers: 10.0%
Buyers: 90.0%
Market trading hours
Open now
24/7
What is Bitcoin Cash?
Bitcoin Cash is a decentralized cryptocurrency created as a fork of Bitcoin in 2017, designed to enable faster and lower-cost transactions by increasing block size. Its price is shaped by layered forces: broad drivers such as overall crypto market sentiment and the price trend of Bitcoin itself set the backdrop, while adoption among payment platforms and merchant acceptance add further pressure. On a narrower level, network hash-rate shifts and competition from other payment-focused tokens can move prices sharply. Traders follow Bitcoin Cash for three reasons: its lower transaction costs relative to Bitcoin, its established position among early Bitcoin forks, and the trading opportunities created by its volatility. Bitcoin Cash was created in August 2017 following a contentious split in the Bitcoin community over how to scale the network, and it has since traded at a small fraction of Bitcoin's price, reflecting the market's continued preference for the original chain as the dominant store-of-value asset.
Trading Conditions
- Minimal Spread
- 1.229
- Typical Spread
- 1.4831
- Overnight funding swap buy
- -0.04328%
- Minimum trade size / value
- 0.17 Units
- Commission
- 0%
- Max Leverage (1/margin%)
- 1:100
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Frequently asked questions
What are Bitcoin Cash trading hours?
Bitcoin Cash is traded 24 hours a day, seven days a week, reflecting the continuous nature of crypto markets.
Is Bitcoin Cash volatile?
Yes, Bitcoin Cash can show rapid price movements, often tracking broader Bitcoin and crypto market sentiment with amplified swings.
What advantages does iFOREX offer for Bitcoin Cash trading?
iFOREX provides access to Bitcoin Cash and other crypto markets with real-time monitoring tools and diversified trading options.
What is Bitcoin Cash?
Bitcoin Cash is a cryptocurrency created as a fork of Bitcoin, built to process more transactions per block for faster, cheaper payments.
How do you trade Bitcoin Cash?
Bitcoin Cash is typically traded through CFDs that track its market price, allowing exposure to price moves without holding the coin directly.
What is the best time to trade Bitcoin Cash?
Trading opportunities exist at all hours due to the continuous crypto market, though volatility often rises alongside broader Bitcoin market moves.
What factors influence Bitcoin Cash's price?
Market demand, adoption levels, network developments, and broader cryptocurrency trends, particularly Bitcoin’s price direction, drive Bitcoin Cash price changes.
How does Bitcoin Cash differ from Bitcoin?
Bitcoin Cash uses a larger block size to process more transactions per block, aiming for faster settlement and lower fees than Bitcoin.
Is Bitcoin Cash suitable for short-term trading strategies?
Its frequent price fluctuations, often amplified relative to Bitcoin, create opportunities that some short-term traders monitor.
Can broader crypto market trends impact Bitcoin Cash?
Yes, shifts in overall cryptocurrency sentiment, and particularly Bitcoin’s price trend, tend to strongly influence Bitcoin Cash.