Is Bitcoin Cash (BCH) really good?
I'll be honest to all of you here. I'm not a fan or supporter of the bitcoin cash (BCH) so I cannot fully answer the question above I can only give you a little information which is base on my experience as new Cryptocurrency Enthusiast.
Well to be honest I just discover the benefits of BCH when I started here in read.cash so I added it in my portfolio as my transferring coin fee due to practical reason.
Bitcoin cash fee is lesser and much affordable than other coin.
It only practical for every person that they will look the best way where they can keep less there transaction fee to save more. it will be more easy for every transaction if you only pay less fee which you can expand more your portfolio on different opportunity since you save more.
2.It was one of the cryptocurrency that was available in my country of the Philippines and apps that I used to withdraw to convert it in real cash.
coins.ph - is the first virtual currency provider in the Philippines to be licensed by the Bangko Sentral ng Pilipinas (BSP) with a Virtual Currency Exchange license. Using your wallet, you can easily convert your Pesos into Bitcoin, Bitcoin Cash, or Ethereum.
Philippine Digital Asset Exchange, more commonly known as PDAX, is a cryptocurrency trading platform that was founded in 2017 in the Philippines. It is approved by the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual currency exchange
In Philippines there is only few way for you to convert your cryptocurrency in real cash.
For me it was coins.ph and PDAX. where I can transfer my cryptocurrency then convert it in Philippines Peso (PHP). so that BCH Bitcoin Cash is the most affordable coin for my country to do the transferring since it had less and flexible fee. it also the most easy and fastest way to transfer assets since BCH Bitcoin Cash is available mostly in all exchanges. there's only few exchanges that doesn't had it.
Some Information about Bitcoin Cash that you must know why you must keep it as one of your asset in your portfolio.
Bitcoin Cash affordability in transaction is not only seen by normal user but it also attracts others prominent users and investor like the most richest man in the world Elon Musk which is agrees that in one particular way Bitcoin Cash is better than Bitcoin.
On Wednesday, March 24, Tesla made history in the crypto community when it announced that it now accepts Bitcoin as payment for its top-level cars.
Now, however, Kim Dotcom is trying to persuade the world's richest man that Bitcoin Cash is a much fairer deal when it comes to payments.
Elon Musk agrees that BCH offers lower fees than BTC
Kim Dotcom, a German-Finnish entrepreneur and political activist (also known as Kimble or Kim Tim Jim Vestor), has commented on Musk's Wednesday tweet about opening a Bitcoin payment option on the Tesla website.
Dotcom pointed out that median transaction fees are much cheaper if you pay in Bitcoin Cash rather than Bitcoin and suggested that Musk should buy soda with BTC. Kim Dotcom stated that BCH serves the mass market, unlike Bitcoin, which is only for the top one percent.
Musk agreed to the point made by the entrepreneur.
Bitcoin Cash is Involve
There is some projects around the world which Bitcoin Cash BCH is being involved such as in country of JAPAN where the titan Rakuten a Japanese e-commerce is already announce and started to accept the Bitcoin Cash BCH together the Bitcoin BTC and Ethereum ETH as means of payments.
Rakuten is Japan’s largest e-commerce company and provides a myriad of services such as online banking, a messaging app, and mobile phone coverage.
The firm’s payments app is supported by more than 50,000 retailers, including McDonald’s, 7-Eleven, and Family Mart.
According to Statista, the Tokyo-based mobile payments firm has 116 million users on its platform, boasting steady growth since 2014.
On the other hand Google Finance is also recognized the Crypto and Bitcoin Cash is one of the only four cryptocurrency that was recognized by the Google Finance. see the full detail in Google Finance