BITCOINCASH

BitcoinCash vs US Dollar chart

Trading Conditions

cTrader
Floating spreads
Minimum: 110
Average: 110
Limit and Stop Level
0
1 tick value
0.01
Minimum contract size
0.01 lot
1 lot size
1 BCH
1 PIP value per 1 lot in USD
0.01 USD
Minimum step for increasing contract size
0.01 lot
Margin requirements to open a lock position *
0
Execution Mode
Market (irrelevant of platform or Account type)
* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

Bitcoin Cash

Bitcoin Cash is a fork, an extension of the standard Bitcoin. Mining and usage of the leading cryptocurrency are associated with various restrictions; BCH is designed to neutralise them.

One of the main problems of bitcoin is the impossibility of significant scaling, which is also accompanied by a low transaction speed. Initially, the operation in the Bitcoin network took about 7 minutes. But the more users it gained, the more time was required to take actions. Of course, this could not suit a broad audience. Therefore experienced developers and miners created Bitcoin Cash. This crew of creators was led by Hype Yang, who in 2017 carried out a hard fork of the blockchain, which was not compatible with the original bitcoin code.

First of all, the block capacity was increased 32 times in the alternative version. At the same time, the time of transactions and transaction fees have significantly decreased. BCH is a cryptocurrency and not a platform for hosting other projects like the original coin.

By 2018, the network had grown so much that there was a need for a separate, less popular coin, Bitcoin Cash SV.

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