How to use Bitcoin cash

Bitcoin cash is a peer-to-peer electronic cash system. It is fully decentralized, with no central bank and requires no trusted third parties to operate.

In this article, I will try to explain the theory of how to use bitcoin cash.

Bitcoin cash is a hard fork of Bitcoin. Generally speaking, hard forks come in two types:

One that changes the rules, but keeps the blockchain (Dash, Monero)

One that changes the rules and launches a new chain (Bitcoin Cash, Ethereum Classic)

Bitcoin cash is the only version of Bitcoin that allows for scalable payments and lower transaction fees, making it the best instant payment platform available today. Bitcoin cash payments can be sent and received by anyone in the world without the need for bank accounts or a phone number.

This year has seen an explosion of attention towards the world of cryptocurrency and blockchain technology. For those who might be new in this space, we thought it would be good to get a brief overview of how Bitcoin cash works and how it’s different from other forms of cryptocurrency.

Bitcoin cash is the new Bitcoin. The Bitcoin cash is a spin-off from the original Bitcoin currency with an intention to expand its potential use cases beyond being a form of currency.

How to use Bitcoin cash? This question is a top search on Winsite and even if it is in the FAQ, I will try to explain from start to finish.

Beginners guide to bitcoin cash: what you need to know about BCH, the newbie-friendly blockchain.

Bitcoin cash is a peer-to-peer electronic cash created by a developer named Satoshi Nakamoto. The peer-to-peer platform is the first and only program that enables online payments to be sent directly from one party to another without going through a financial institution, like a bank or Paypal. The program was initially launched on January 3rd, 2009, and is widely known as the first decentralized cryptocurrency.

When you're ready, we'll teach you how to install Electron Cash on your device and get your Bitcoin cash wallet address.

Regardless of which kind of fork you have, you need to choose a wallet and transfer your funds. If you’re new to Bitcoin, please read my guide for choosing a wallet here. If you already have a wallet and keep your Bitcoins there, then it’s very likely that your BTC has been forked into both coins. If you don’t want Bitcoin cash, or you don’t know what it is – DO NOT TAKE ANY ACTION. Just wait until your funds are “saved” in your wallet.