Overview of Bitcoin Cash
Bitcoin Cash (BCH) is a cryptocurrency that launched in August 2017 as a result of a fork (a community-activated update to the protocol or code) from the Bitcoin blockchain. The purpose of the fork was to increase the block size so more transactions could be processed per block.
The Bitcoin Cash community is focused on facilitating everyday transactions so that they’re cheaper and faster. It’s designed to be used as digital cash for everyday purposes and to compete with payments giants like PayPal and Visa.
Getting started with Bitcoin Cash on Luno
We’ve delved further into this in our Learning Portal:
How do I get Bitcoin Cash on Luno?
Bitcoin Cash is available for trade on our Exchange.
Read more about how the Luno Exchange works.
Note: To be able to buy and sell Bitcoin Cash through the app, you’ll need to switch to the Exchange view. You can do this in your profile settings.
Read more about how to toggle to Exchange view.
How do I get a Bitcoin Cash wallet?
There are two ways to create a Bitcoin Cash (BCH) wallet.
- When you select your BCH trading pair on our Exchange, and place an order, a new BCH wallet will automatically be created for you, which will be used to store your newly traded BCH.
- Another way to create a BCH wallet is by manually adding it to your account.
Read more about how to set up your Bitcoin Cash wallet.
Can I send BCH to Luno?
You can send BCH to and from Luno the same way you send other cryptocurrencies through Luno. Just provide the sender with either your BCH receive address or your QR code. You can find these under Receive in your BCH wallet under Wallets on the menu bar.
Learn more about how to send and receive Bitcoin Cash with Luno.
Bitcoin Cash Support
Our team is ready to help with any queries you may have. Feel free to reach out to us on Twitter or create a support ticket.
Where can I find the Bitcoin Cash community?
- Bitcoin.com — Primary website and related sub-forum
- Bitcoincash.org — Community owned website
- r/Bitcoincash — A subreddit dedicated to Bitcoin Cash news, information and development.
- DeepOnion — Bitcoin versus Bitcoin Cash thread
When are you adding ‘X’ coin to Luno?
It’s an exciting time for the crypto community and we expect it will only get better from here. While we’ve added BCH to our Exchange, we’ve also been working on some other exciting developments for you. #WatchThisSpace
Follow us on Twitter to be the first to know, and as always: To the moon!