Bitcoin Cash is an open-source, peer-to-peer (P2P) payment network created in 2017, as a hard fork of the original Bitcoin.
Bitcoin Cash was created with the intention of it becoming a form of electronic money that can be used by anybody, regardless of location or social standing. The underlying idea behind this cryptocurrency is that it represents greater financial freedom and does not rely on a centralised entity such as a government or central bank.
It is, therefore, possible to use Bitcoin Cash to make relatively fast P2P payments at low cost, while adhering to the core values of true digital cash.
While Bitcoin Cash shares many of the same features as Bitcoin, such as decentralisation and immutability, Bitcoin Cash differs from Bitcoin in that it allows for faster transaction times and lower fees. The Bitcoin Cash cryptocurrency (BCH) is also deflationary and enables permissionless transactions.
Create an eToro account:
Sign up for an eToro account and verify your identity.Deposit funds:
Deposit funds into your eToro account using your preferred payment method.Search and purchase:
Search the Bitcoin Cash (BCH) page and place an order to buy Bitcoin Cash.