Why does Bitcoin Cash have lower commissions?
It is the main currency of Read.Cash, we know a lot about its origin. Now you have to get the reasons why your commissions are lower, a great advantage of this coin.
We are going to take our opinion on the subject, although it is clear that some sites investigated why BCH obtains that advantage that some other cryptos do not carry, such as BTC, ETH, or several of their network.
There are other currencies such as XRP or DOGE which are also on the preferred list to transfer amounts due to low commissions, but we will base ourselves on our collection currency on this website.
Blockchains faster
As BCH is a much lighter network than many in the market, it makes transactions as fast as the client likes so much. As in any currency, when you make exchanges, the blockchain address is found to see the progress of the payment if it has been successful or if some more confirmations are needed.
Less BCH Request
We have to be realistic, in the crypto world it is not one of the first places, like BTC and ETH because Bitcoin Cash is not very popular outside of crypto users, but this is not seen as a disadvantage for us who lend ourselves to this currency. , but is evidence here because of the high volume of the 2 popular currencies in commissions.
More users every day
Despite some points in the previous point, users are added to carry BCH due to the advantages and alternatives that the most called currencies do not have, due to its effective payment method.
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Fewer confirmations
That is another virtue of BCH, that transactions have few acceptances to become effective, where it guarantees to be protected against fraud by malicious cybernauts and not have any cancellations during the process.
No problems with permission requests
Following the thread of the previous point, the fewer confirmations it is not necessary to request permissions for the transaction and with this facility to reach the amount that is expected, it is that it costs less a commission during the process.
Those are the reasons and virtues that are seen that the BCH has a lower amount of commissions, probably the one that has more follow-up to the crypto world has other key points that are cheaper.
