Bitcoin Cash Tops 24-Hour Trading Volume of $380.87 Million (BCH)

Bitcoin Cash (BCH) traded 4.1% lower against the dollar during the 24 hour period ending at 21:00 PM E.T. on October 31st. Bitcoin Cash has a market capitalization of $6.99 billion and $380.87 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be bought for $353.29 or 0.00505705 BTC on popular exchanges. During the last seven days, Bitcoin Cash has traded down 3.1% against the dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 3.3% against the dollar and now trades at $69,861.36 or 1.00000000 BTC.
• Arweave (AR) traded 6.6% lower against the dollar and now trades at $15.38 or 0.00022019 BTC.
• Bitcoin SV (BSV) traded 0.9% higher against the dollar and now trades at $50.88 or 0.00072827 BTC.
• eCash (XEC) traded down 1.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Syscoin (SYS) traded 4.9% lower against the dollar and now trades at $0.0971 or 0.00000139 BTC.

About Bitcoin Cash

Bitcoin Cash (CRYPTO:BCH) is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. Its launch date was August 1st, 2017. Bitcoin Cash’s total supply is 19,782,022 coins. The official message board for Bitcoin Cash is bitcointalk.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official website is www.bitcoincash.org. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here.

According to CryptoCompare, “Bitcoin Cash (BCH) is a decentralized cryptocurrency created in 2017 through a hard fork of the Bitcoin blockchain. It has a larger block size than Bitcoin, allowing for faster and cheaper transactions. Bitcoin Cash can be used as a means of exchange and store of value and is gaining acceptance among merchants and businesses worldwide. It was created by a group of developers and miners who believed that Bitcoin needed modifications to address scalability issues. The main developer team was initially called “Bitcoin ABC,” but development has since become more decentralized.”

Buying and Selling Bitcoin Cash

Investors seeking to trade Bitcoin Cash using US dollars directly can do so using GDAX, Coinbase or Changelly.

BCH/USD price chart by TradingView