Bitcoin Cash is a hard forked version of the original Bitcoin, created in August 2017. Bitcoin Cash shares many characteristics with Bitcoin in terms of protocols, total supply, block times, and reward systems. However, Bitcoin Cash is different from Bitcoin in terms of block size limits and difficulty levels for blocks
Bitcoin Cash was launched in August 2017. Bitcoin Cash is a cryptocurrency launched in 2017 by forking the Bitcoin blockchain and changing the size limit of blocks added to the blockchain. Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity (big blocks). In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another. The price of 1 BCH in Dollar is $443.04 as of July, 2021.
Unlike Bitcoin BTC, Bitcoin Cash aims to scale so it can meet the demands of a global payment system. At the time of the split, the Bitcoin Cash block size was increased from 1MB to 8MB. An increased block size means Bitcoin Cash can now handle significantly more transactions per second (TPS) while keeping fees extremely low, solving the issues of payment delays and high fees experienced by some users on the Bitcoin BTC network. As of November 2020, Bitcoin Cash has a block size of 32MB.
Bitcoin Cash can handle more transactions per second and has lower fees. ... In comparison, Bitcoin processes 1,000-1,500 transactions per block. Bitcoin Cash is also considered a safe investment that - despite its bigger blocks - hasn't been hacked since it was launched
You can also buy BCH with fiat currency, such as GBP, EUR or USD directly from exchanges. Trusted platforms that offer BCH include Coinbase, Binance, eToro and Revolut. If you own other cryptocurrencies, you can use these platforms to exchange them for BCH too.