Bitcoin Cash (BCH), a cryptocurrency created by forking Bitcoin’s blockchain, is now available on the Italian exchange Coinbar.
Thanks to the fiat gateway offered by the platform, users will be able to trade using the BCH/EUR pair.
As a result of an idea of the well-known community member Roger Ver, Bitcoin Cash was born on August 1st, 2017, when a part of the miners, led by Ver, proposed to increase the size of the blocks to 8MB, so as to be able to include more transactions in each block. However, not the whole community accepted this proposal and a hard fork took place.
Currently, BCH is the fifth cryptocurrency by market capitalisation and, at the time of writing this press release, is traded for a value of 193 euros.
In December 2017, the cryptocurrency reached its current historical high, with a price of 3,957 euros, allowing traders to generate substantial profits. The listing on the Italian exchange Coinbar takes place at a time of intense volatility in the cryptocurrency markets, a dynamic and interesting scenario for trading operations.
Born in collaboration with some of the most renowned companies in the industry, Coinbar is an Italian cryptocurrency exchange created in 2018 and has two special features: the regulation according to current legislation in Italy and a network of physical sites, called in fact Coinbars, designed to become assistance points for the platform, as well as meeting places dedicated to fans and the curious.