Bitcoin Cash is a Cryptocurrency, the network powered by PoW (consensus mechanism based on mining) algorithm. The original software was first released August 1st, 2017. The official Bitcoin Cash website is https://www.bitcoincash.org.
As of today, December 3rd, 2022, out of totally available 21,000,000 BCH, 19,246,281 are in circulation. It's possible to mine bitcoin cashs. The total market capitalization of bitcoin cash is $2,150,535,669, the rank among other cryptocurrencies (based on the capitalization) is #29. The current rate of 1 BCH is $111.74 USD; converting to the national currency of Italy, the rate is 106.11 EUR for 1 BCH. There are two currency codes for Bitcoin Cash: BCHABC and BCH, the latter is an "official" one and is used more often.
Bitcoin Cash is a cryptocurrency that appeared in the result of the fork of the Bitcoin network. According to the BCH creators, it "fulfills the original promise of Bitcoin as Peer-to-Peer Electronic Cash". Late 2017 the original bitcoin network started experiencing troubles with the capacity, which resulted in very long transaction processing time and unreasonably high processing fees (especially considering the price increase and adoption growth). Sometimes, when a sender chose to pay miner fees close to the minimal, it could take days for the transaction to be confirmed by the nodes. Bitcoin Core's scalability problem was a long debate in the community; most of the members participating in the development of Bitcoin Core agreed on implementing SegWit improvement to increase the capacity. A group of bitcoin activists, miners, entrepreneurs lead by Roger Ver, pushed forward an alternative plan to increase the block size.
According to this group, the Bitcoin Core development strategy aims to treat bitcoin as a digital investment rather than as a transactional currency. Increasing the block size limit from one to eight megabytes allows increasing the number of transactions the ledger can process. The plan met resistance; the opposing party argued that block since increase the capacity at the expense of an increase in storage and bandwidth requirements that could lead to centralization. The groups could not reach the consensus and the Bitcoin network was split in two as a result of the "hard fork".
Every BTC holder owning bitcoins at the time of the fork (block 478558) received the same amount of Bitcoin Cash. Further development of Bitcoin Cash software was realized by multiple independent teams. There is the Bitcoin Cash Development Fund (backed by community donations, managed and distributed by the FVNI Development Society) supporting Bitcoin ABC, BCHD, and BCash development groups.
Bitcoin Cash is currently supported by 100% of exchanges (1 of 1) currently having active orders at ExchangeRates.Pro: and 1 P2P Marketplaces have offers, allowing you to buy and sell BCH. Let's check and compare which of these exchanges will suit you the best, dear visitor!
Sorry, at the moment there are no active exchanges with live offers to buy/sell Bitcoin Cash with fiat currencies in Italy. Our teams tries our best to add some ASAP!
Besides the abovelisted great exchanges, serving Italy and allowing domestic payments in Euro among other countries and currencies, there are also very good international ones among the websites exchanging bitcoin cashs. Hence if you need EUR|BCH exchange, please use the top list above. In case you are looking for other ways to purchase or cash-out Bitcoin Cash using USD, etc. or swap it with various coins and tokens, feel free to check this selection of top one highest-ranked BCH exchanges from all around the world:
By the way, exchanges that accept IT, but don't allow fiat payments there are also in this list. So, if you want to pay using a payment method from abroad (say, you are originally from another country and want to buy or sell bitcoin cash using the bank account or local payment system from there) or if you are looking for an exchange for someone else, this list will work great for you! Of course, we can't know what is that country you are looking for, but we have two options for you, both good. You are welcome to either
Are you looking for the best place to buy bitcoin cashs? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell BCH, based on your location and preferences.
At this moment, there are 2 offers to buy Bitcoin Cash in Italy. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:
We've compared a lot of offers to find the top ones; right now we have 5 ways for you to purchase bitcoin cash available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with Euro, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase BCH crypto:
Even the greatest BCH HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell bitcoin cashs to Euro and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
Sometimes you may need to transfer the money to another country. If you are holding BCH, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 5 options to out-exchange the bchabc to fiat; the most frequently used banks, money transfer operators and global payment systems are:
Did you know that it's possible to exchange BCH to 47 other cryptocurrencies? It's possible to convert Bitcoin Cash to/from 96% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 105 swap possibilities with BCH and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap BCH with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first: