Bitcoin Cash price

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About Bitcoin Cash

Bitcoin Cash (BCH) is a cryptocurrency that launched in August 2017 as a result of a hard fork (a community-led update to the protocol or code) of the Bitcoin blockchain. The purpose of the fork was to increase the block size so more transactions can be processed per block. Since the fork, BCH has continued to evolve its technology in new directions beyond simply offering just a ‘bigger-blocks’ alternative to Bitcoin (BTC).

The BCH community is focused on facilitating everyday transactions so that they are cheaper and faster and can be used as digital cash for everyday purposes, thus competing with payments giants like PayPal and Visa.

Frequently asked questions

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How is the price of Bitcoin Cash calculated?

The price of Bitcoin Cash and other cryptocurrencies are determined by supply and demand: the buyers who want a certain currency and the sellers who have that currency. Luno does not set the price of Bitcoin or any cryptocurrency.

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Why is the Bitcoin Cash price different on Google?

There is no global Bitcoin Cash price, it isn’t pegged to any currency, country or Bitcoin platform. When you see the price on Google, it is simply showing an estimated, international price.

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Do I need to buy a whole Bitcoin Cash?

No. Bitcoin Cash and most other cryptocurrencies are divisible. You can spend a small amount of money and buy or sell very small amounts over time.

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How do I actually buy Bitcoin Cash?

You can buy Bitcoin Cash through our app as well as our Exchange. After you’ve signed up with Luno, you can deposit money to your account.

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