Everything You Need To Know About Bitcoin Cash
BCH or Bitcoin Cash is a digital currency designed to provide a solution to the recent surge in Bitcoin’s value. Bitcoins were always decentralized cryptocurrency. As the value of bitcoin increased, it became more of an investment opportunity. When talking of the 1MB block size limitation of bitcoins, BCH enhanced the block size between 8 to 32MB.
Some amazing options to Buy Bitcoin Cash in Canada
Direct purchase- you can directly purchase it over the web or from an individual
Crypto ATM- look for a crypto Atm near you where you purchase cryptocurrencies from, BCH is available at the ATMs.
Through an Exchange- Many buyers prefer buying bitcoin cash from a trading platform such as Netcoins.
Why Netcoins? Netcoins offer an easy solution to buy and sell cryptocurrency in Canada. You can easily do the transaction over your computer or phone. Simply create an account by providing your basic details and instantly get verified. Fun your account by linking it with your bank account for seamless funds transfer. Now you can start buying or selling crypto right away.
Why use bitcoin cash in Canada?
Well, now you can easily transfer money across the globe almost for free. With bitcoin cash, you can send money 365 days a year,24 hours a day. No matter how big or small your transaction is, you can do it all by yourself with no approvals required.
Have complete control over your money
Now you can be own bank and no social or political situation can get control over it. As we are aware even our bank deposits are not safe, under the worst situation even a bank can make mistakes, freeze accounts, hold funds, closed on bank holidays and stop you from accessing your own money. Bitcoins provide complete control over the fund and you can access them from anywhere and send it to anyone even at odd hours.
It is a scarce currency with fixed supply
Bitcoin cash means sound money, the protocol ensures no more than 21 million coins exist which means you do not have to face devaluing and inflating supply which is usually the case with print money.
Operate Anonymously and increased privacy
Bitcoin cash means more anonymity and privacy compared to traditional bank transfers. Once you have your account you have complete control over it and no one else can access that information. The bitcoin address is always in your name and impossible to locate who controls it. It features different levels of privacy that no one can crack.
Token ecosystem
Managing and strong bitcoin cash offer extreme integrity and transparency compared to traditional assets and accounting. A token protocol can be used to power numerous projects at one go and you can even create projects backed by tokens.
Bitcoin cash process transactions quicker than bitcoin network, the wait time is less and transaction fees is comparatively lower. The security of the transaction is never compromised allowing you larger block sizes and increased transaction limits. Visit Netcoins to know more about bitcoin cash and Litecoin buy Canada.
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