Notice: This crypto-asset does not have a whitepaper notified with the European Securities and Markets Authority (ESMA). Investing in non-notified crypto-assets carries increased risks.
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Bitcoin Cash is a peer-to-peer electronic cash system that enables online payments to be sent directly from one party to another without the need for a trusted third party. It was created in August 2017 as a result of a hard fork from the original Bitcoin network. The primary motivation behind its creation was to enhance the transaction capabilities of Bitcoin by increasing the block size from 1MB to 8MB. This larger block size aims to facilitate faster transaction times and reduced fees, making it more efficient for users making everyday transactions.
Bitcoin Cash operates on a decentralized network of computers called nodes that maintain the blockchain, a public ledger recording all transactions. Here’s how it generally works:
In conclusion, Bitcoin Cash offers an alternative to traditional Bitcoin, focusing on fast and low-cost transactions. Understanding its workings, risks, and management strategies is essential for anyone considering adding this cryptocurrency to their investment portfolio.
Yes, at Knaken, you can easily buy Bitcoin Cash with iDEAL, Credit Card, or Bancontact. Check all the options on our fees page
You can find the current price of Bitcoin Cash at the top of this page.
At Knaken, we believe it\'s important to be as transparent as possible about the fees charged to our customers. You can view these fees for each purchase or sale of Bitcoin Cash. Check out our fees on our fees page.
At Knaken, safety comes first. For years, we have ensured that you can not only buy crypto safely on our platform but also store it securely.
Search for Bitcoin Cash in the app or web portal and select “deposit” in the options. You will see the deposit address where you can send the crypto. Make sure to deposit Bitcoin Cash from a verified wallet address with Knaken.
If you prefer personal assistance, you can sign up for our free transfer service.
Yes, search for Bitcoin Cash in the app or web portal and select the withdraw button in the options. Note that you can only withdraw Bitcoin Cash to a verified wallet address.
Knaken Cryptohandel B.V. has applied for a MiCA license from the Netherlands Authority for the Financial Markets (AFM). This application is currently being assessed by the AFM.
Investing in crypto-related products involves significant risks.