What are the advantages of using BCH for transactions?

3 answers

• Jan 13, 2022 · 3 years ago
  One of the advantages of using Bitcoin Cash (BCH) for transactions is its faster transaction confirmation time compared to Bitcoin. BCH has a block size limit of 8MB, which allows for more transactions to be processed in each block, resulting in quicker confirmations. This makes BCH a more practical option for everyday transactions, such as buying goods or services online.
  375188
• Jan 13, 2022 · 3 years ago
  Another advantage of BCH is its lower transaction fees. Due to its larger block size, BCH can handle more transactions per block, which helps to keep the fees lower compared to Bitcoin. This makes BCH a more cost-effective option for smaller transactions or frequent transactions.
  28094
• Jan 13, 2022 · 3 years ago
  BYDFi, a leading digital currency exchange, recognizes the advantages of using BCH for transactions. With its faster confirmation times and lower fees, BCH provides a convenient and efficient way to transact in the digital currency space. Users can enjoy the benefits of BCH on BYDFi's secure and user-friendly platform.
  32080