Bitcoin Cash

WHAT IS BITCOIN CASH?

Bitcoin Cash (BTC) is a cryptocurrency and a payment network. Bitcoin (BTC), also known as also referred to as Bcash, was developed in 2017 due to a group of developers opinions that there was a need to increase Bitcoin's block size limit. It became popular very quickly, and during the split of Bitcoin and Bitcoin cash, it lead to anyone owning Bitcoin to own the same amount of currency in Bitcoin Cash as well.

Bitcoin Cash (BCH) was created to enhance the current slow Bitcoin system and Bitcoin Cash became more popular with investors

WHAT IS THE DIFFERENCE BETWEEN BITCOIN AND BITCOIN CASH?

The core difference between Bitcoin and Bitcoin Cash is that the former’s transactions tend to take longer than Bitcoin Cash transactions and have much higher fees.

HOW CAN I TRADE Bitcoin cash?

To trade Bitcoin cash you would need access to a crypto currency exchange and a virtual wallet to store them in. However, when you trade CFDs on Bitcoin cash with ADSS, all you need is an ADSS CFD trading account.

An advantage of trading Bitcoin cash as a CFD is that it is you can go short as well as  long meaning, you can benefit from rising prices as well as falling prices but remember you never actually own the actual currency as it is a CFD on Bitcoin cash.

We quote Bitcoin cash against the US dollar and you can trade CFDs on Bitcoin cash by opening long and short positions on our OREX platform.

HOW CAN I TRADE CRYPTOCURRENCIES VIA A CFD?

With ADSS, you can trade a cryptocurrency CFD on our OREX platform:

Risks Of Trading Cryptocurrencies Via A CFD?

Cryptocurrency CFDs are a high risk investment as they can be subject to extreme volatility, and an investor may be exposed to a number of additional risks that may be not be present in CFDs in other asset classes.

For further information on these risks please refer to our Cryptocurrency CFD Risk Warning.