What is the purpose of BCH?

Bitcoin Cash (BCH), with a recent price increase of 2.25%, offers an attractive alternative to Bitcoin (BTC), which has seen a 3.0% rise. This digital currency aims to provide faster transaction speeds and lower fees, making it a practical choice for users seeking a more efficient cryptocurrency experience.

BTCC's services extend beyond trading, with the provision of secure wallets for storing digital assets. This comprehensive suite of offerings makes BTCC a go-to destination for both novice and experienced cryptocurrency enthusiasts alike.

The emergence of Bitcoin Cash can be traced back to a significant event in the cryptocurrency world - a hard fork. This technical process resulted in the creation of a new blockchain, separate from Bitcoin's original chain, due to disagreements within the community about the future direction of the cryptocurrency.

The hard fork effectively birthed Bitcoin Cash as a distinct entity, catering to those who favored a different approach to scaling and transaction processing. This split in the blockchain underscored the decentralized nature of cryptocurrencies, where consensus can lead to the birth of new digital assets.

Among the leading cryptocurrency exchanges, BTCC stands out as a top platform offering a comprehensive range of services. These include spot trading, where users can buy and sell cryptocurrencies at current market prices, as well as futures trading, enabling investors to speculate on future price movements.