BTC to BCH conversion chart
Bitcoin to Bitcoin Cash correlation
According to the correlation analysis, BTC and BCH have a strong relationship with each other and are correlated. Whenever there is a change in the price of BTC, BCH also tends to follow the same pattern and move together.
BTC Price Change and Market Cap
Currently, the BTC price is 199.80 BCH. According to the Bitcoin price chart, the 24-hour change is -1.22%. The total market capitalization of Bitcoin is $71 with 71.04 BTC in circulation. In the previous 24 hours, the Bitcoin price hit highs of 199.8 BCH and lows of 198.92 BCH.
Bitcoin Price Prediction
Bitcoin is the most valuable cryptocurrency with a market cap of over $170 Billion as of June 2020. BTC is popular for the huge return on investments with a ROI close to 7,000%. Bitcoin price reached a peak of $20,089.00 on December 17, 2017. At the beginning of 2020, the Bitcoin price was $7,207.59 and it grew exponentially for the whole of January. In February, BTC price crossed the long-awaited ten thousand dollar mark. Unfortunately, Bitcoin price plummeted in the following months and BTC touched the lows of $4,656.31 on March 16 alongside the COVID-19 pandemic outbreak.
Technical analysis suggests that by 2025, Bitcoin price will be closer to $100,000. On the other hand, many crypto enthusiasts suggest that Bitcoin will hit the Million Dollar mark in 2025, we want it to happen too. For more detailed Bitcoin price prediction check our detailed analysis below.
Bitcoin Wallets
Don’t have a wallet yet?
If you are looking for a software wallet, pick Exodus, if security is your major priority, choose either Trezor or CoolWallet S. In all these wallets you can track the live bitcoin price as well as other cryptocurrencies. Either way, you will be able to exchange Bitcoin at the best rates with ChangeHero in these wallets.
BTC to BCH exchange margin
The closing BTC-BCH conversion rate yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BTC to BCH would result in an output of 199.80 BCH.
How to convert BTC to BCH
Bitcoin and Bitcoin Cash comparison
Bitcoin was developed by Satoshi Nakamoto in 2009 with an idea of providing a peer-to-peer payment system using the blockchain technology. Bitcoin network is decentralized and an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
Bitcoin Cash is a young cryptocurrency which was formed due to the hard fork in Bitcoin. The purpose behind the invention of the Bitcoin was to enable peer-to-peer transactions, but as the cryptocurrency took off, the surge in transactions and the block size cap limited its use cases. To overcome this problem, the community debated increasing the block size and second-layer solutions. While a majority of them voted in favor of the second-layer solutions, the rest of the community decided to fork the chain and create a new chain with increased block size. The fork took place in 2017 and the new chain was given the name Bitcoin Cash and got the ticker BCH. Bitcoin Cash’s motto is to withhold the founding principles of the Bitcoin and ensure that it is being put to use as a digital means of payment everywhere. Bitcoin cash gained a reputation in the community in a short period and more merchants are accepting Bitcoin Cash.
What is Bitcoin?
Bitcoin is a blockchain-based digital currency; it is a peer-to-peer version of electronic cash which allows the payments to be made without any intermediaries such as financial institutions. Bitcoin trades under the ticker symbol BTC. Launched in 2009 by Satoshi Nakamoto, Bitcoin is aimed at giving the masses financial freedom and developing a trustless economy.
Bitcoin is the first cryptocurrency based on blockchain technology. BTC remains to be the most popular digital currencies despite the inception of plenty of altcoins. In recent years, Bitcoin price sky-rocketed and captured the attention of many investors all over the world. Many merchants across the globe are now accepting payments in this cryptocurrency.
Some of the advantages of using the Bitcoin include lower transaction fees, high security and decentralization. The impact of this cryptocurrency is so huge that it led to the development of many other virtual currencies often referred to as altcoins. Bitcoin laid the foundation for the much-needed cryptocurrency industry in the past decade.
Bitcoin to Bitcoin Cash price details
BTC to BCH Conversion Rate and Price
At the moment, the conversion rate for 1 BTC equals to 199.80 BCH. The 24-hour highest price of Bitcoin in relation to BCH was 199.8 BCH and the lowest was 198.92 BCH. In short, BTC price in relation to BCH changed by -1.22%.
Instantly Exchange BTC to BCH
On ChangeHero you can instantly exchange Bitcoin to Bitcoin Cash without signup. You can easily convert BTC to BCH in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BTC to BCH conversion.
BTC to BCH Best Rate Exchange
For this type of exchange of Bitcoin to Bitcoin Cash, we search through various exchanges for the BTC to BCH pair and find the most satisfactory rate available in the market. We provide you with an estimation of the amount of BCH you will receive.
As soon as you accept the terms and the BTC is deposited, the exchange will be automatically processed. We remind you that the final amount of BCH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the BTC - BCH conversion rate.
BTC to BCH Fixed Rate Conversion
For the Fixed Rate exchange of Bitcoin to Bitcoin Cash, ChangeHero find a good rate for the pair BTC to BCH and fix the rate for up to 15 minutes. In the Fixed Rate exchange of BTC to BCH, you will receive the exact amount of BCH which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned BCH address. ChangeHero is the best converter to exchange BTC to BCH fast and safely at the finest rates.
Frequently asked questions
How long does it take to convert BTC to BCH?
Usually, it takes around 15 minutes to exchange BTC to BCH on ChangeHero but the time may vary depending on how busy the network is.
Do I need an account to exchange BTC to BCH?
No, you do not need an account to swap BTC to BCH on ChangeHero. There will be no registrations for your Bitcoin to Bitcoin Cash transaction.
Do I need to go through KYC procedures for BTC to BCH exchange?
There will be no KYC for the BTC to BCH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange BCH to BTC?
Yes, you can instantly convert BCH to BTC on ChangeHero.
Buy and sell Bitcoin
Now, on ChangeHero you can buy Bitcoin with a credit or debit card. Also, you can sell your cryptocurrency on ChangeHero for US Dollars and Euros. Are you looking to buy Bitcoin? Give it a try.
