@Panda
edited
BCH vs BTC(Reasons Why Bitcoin Cash is the Best). Hello folks. For the past days I've noticed that till now, most people especially the newbies joining the crypto community don't know the difference between Bitcoin Cash(BCH) and Bitcoin(BTC). And why they should use Bitcoin Cash more often than Bitcoin. So I took it upon my self to explain it to them and why they should use Bitcoin Cash more than Bitcoin. Bitcoin Cash is more or less a brother to Bitcoin because it was forked from Bitcoin. Bitcoin Cash was created in August 2017 by Satoshi Nakamoto. One of the principal reasons why it was created was as a result of disagreements in the Bitcoin Community over how the technology of the Bitcoin currency should run, especially with increased demand. So this is just a brief background of how Bitcoin Cash came about.
Reasons Why BCH should be used more than BTC for Transactions and Investments. Now here are the reasons why you should use Bitcoin Cash more. 1. Transaction Fees. Based on my experience with BCH and BTC usage for sometime, I've noticed that, the transaction fees for BCH is ten times cheaper and perfect than that of BTC. For instance when you are transfer your earnings from read.cash to your external wallet you hardly notice a transfer fee but to be honest with you, you pay a transfer fee of roughly $0.001 per transaction. And this is so much excellent compared to BTC which charges an amount of $2 per transaction. So in this case, you save $1.999 when you do your transactions through Bitcoin Cash and eventually helping you to save. 2. Transfer Speed. Now, let me ask you a question here. When you transact using Bitcoin Cash is it not way way faster than transacting through Bitcoin?. For example last week I bought some Bitcoin on paxful.com and I was transferring it to my external wallet and guess what, it took about four to five minutes before my transaction got confirmed and during that time, if there was any transaction hijack, my money would have been gone. But when you use Bitcoin Cash, in about a second, your transaction is transferred and confirmed. Making it the fastest cryptocurrency transfer on the market. 3. Number of Transactions per second. As I was saying earlier on, Bitcoin Cash can confirm about 116 transactions in a second and this is super exceptional among all the Cryptocurrencies. And this is due to the fact that, Bitcoin Cash's block is about eight times bigger than that of Bitcoin in the blockchain. And day in day out, Bitcoin Cash gets adopted for its speed and it's cheapness in the crypto community for transactions. 4. Prices. In the recent past, Bitcoin Cash has been worth as low as 5% the price of Bitcoin but now it is as high as 33% the price of Bitcoin. And we all know Bitcoin Cash is young. But with you and I together and holding onto our Faith and trust in Bitcoin Cash, it will one day become what we have always wished for it to become and that is to be better than all other Cryptocurrencies on the market. Below are the price charts for BCH and BTC over the past nine months.
So dear friends, I will like to thank you all for reading and I'm hoping to bring you more and more to you about the crypto world. It's your friend @Panda. Also big thank you to @MarcDeMesel for his support and hard work towards the development and investment put into BCH for me to also enjoy it's benefit. I Love You All. And not to forget to tap on the link below to follow @MarcDeMesel on Twitter so that you can get to know more about what I just wrote in this article and the link to his YouTube cahnnel is in his Bio click on that one too okay, you won't regret it. Leave a like and comment down below for more updates. Thank you. Stay safe, be safe😉❤
17 comments
Wow
Yeah. I hope it helped.
Thanks for sharing this comparison. As you mention many don't know the difference between the two and I certainly didn't know all the details that you've shared here.
Wow I hope now you've learnt something about the two and which one to use and the best
In read cash or online earning btc or bch wallet is the best wallet for withdrew. It's give us instant withdrew in any time.
Yeah. It's super good but when you withdraw BTC it takes more time to reflect in your account than BCH
I believe that our cryptos has a bigger future in our society. It has a big potential. More people are investing into cryptos that to bank. Personally, I am keeping my BCH than BTC
That's true dear. And thanks a lot for relying on BCH.
I agree to you my friend bch is more reliable and convenient than btc anyway thanks for sharing this.
My pleasure dear. It's really excellent using it😁
I'm still new on the crypto world, still learning things about it. Thanks for this article.
My pleasure dear
>Bitcoin Cash was created in August 2017 by Satoshi Nakamoto Really? Where did you read that? >BCH ... you pay a transfer fee of roughly $0.20 Really? I pay $0.001 BTC almost $2 https://bitcoinfees.cash/ Where do you get such false information? Do you not check before you write?
From online
Well then my source was wrong. Could you please help me out with the accurate things Sir🙏
I have given you the correct information. The confirmation at BTC and BCH is the same and takes 10 minutes on average. The difference is, in BCH you can easily make unconfirmed transactions. In BCH you don't have 10 transactions per second, but 116. A short search is enough to find it. https://coinanalysis.io/how-many-transactions-per-second-bitcoin-cash/#:~:text=On%20average%2C%20Bitcoin%20Cash%20can,to%20116%20transactions%20per%20second. Correct your article and from now on, do your research properly before you write about things you have no idea about.
Okay Sir. Thanks a lot🙏