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Bitcoin Cash (BCH) is a fork of Bitcoin (BTC), which means it is similar but different to the original. Bitcoin Cash arose due a disagreement between various Bitcoin stakeholders, who wanted to take the protocol in different directions. As a result the blockchain forked, resulting in two separate blockchains and cryptocurrencies. Bitcoin received the majority of community support and held onto the name, while Bitcoin Cash established itself as a competitor. Bitcoin Cash is designed to facilitate faster and cheaper transactions than Bitcoin.
Bitcoin Cash (BCH) is the 29th largest cryptocurrency in the world by market cap, valued at $2,376,158,717. The current price of Bitcoin Cash is $122.93, which is -2.190% lower than yesterday. Prices have ranged between $127.13 and $122.65 over the past 24 hours. All prices are listed in US dollars and accurate as of March 27, 2023 06:03 UTC.
Binance Coin (BNB) is the token native for Binance and its blockchain-based ventures. The coin can be used to interact with the Binance cryptocurrency exchange as well as the ever-evolving DeFi ecosystem on the Binance Smart Chain network.
On the Binance exchange, BNB provides users with discounts on trading fees, serves as a trading pair for coins and is used on the Binance Decentralized Exchange (DEX). Fees paid in BNB are periodically “burnt”, which means they are permanently removed from circulation, which in turn decreases the supply and theoretically increases the value. Binance will continue to burn coins until the supply is reduced from 200 million to 100 million.
BNB is also used on the exchange to participate in launchpad events, which are similar to Initial Coin Offerings (ICO).
On the Binance Smart Chain (a smart contract platform developed by Binance based on Ethereum’s codebase), BNB is used to pay gas fees and has a central role in many DeFi applications (dapps). In this way, it is very similar to the role of ETH on Ethereum.
For instance, users can deposit BNB to provide liquidity on the PancakeSwap DEX or be traded for BEP-20 tokens (The BSC version of ERC-20 tokens).
| Coin symbol | BCH |
|---|---|
| Coin Marketcap | US$2,376,158,717 |
| Total BCH supply | 21,000,000 |
| Circulating BCH | 19,348,012 |
| Current price | US$122.93 |
| All time high | US$3,785.82 |
Historical prices compared with the price of US$122.93.
| 1 hour | -0.66% |
|---|---|
| 24 hours | -2.19% |
| 7 days | -10.18% |
| 14 days | 1.74% |
| 30 days | -7.40% |
|---|---|
| 60 days | -6.96% |
| 200 days | 3.57% |
| 1 year | -66.01% |
Disclaimer: Cryptocurrencies, including Bitcoin Cash, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BCH is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Bitcoin Cash or any other cryptocurrency discussed.
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