The reason for the creation of Bitcoin Cash was a great dissatisfaction with slow transaction processing and associated high fees for these transactions of the smaller but pretty influential part of the Bitcoin community.
Transaction acceleration allowed the block to grow from one to eight megabytes. A few months after the creation of this currency, in December 2017, the median of transaction fee in Bitcoin was $12.42, with Bitcoin Cash at just 1.8 cents.
How to store your Bitcoins?
You can use a huge number of wallets to store your Bitcoins. Simple mobile, web or computer wallets in the form of applications are available on the market. However, these are vulnerable to viruses and malware. The safest way to store your Bitcoins is in a so-called hardware wallet (Trezor or Ledger), , that encrypts access to your wallet.
Cryptolabs recommends the following digital wallets:
Risks
- Virtual currency trading poses significant risks. Prices might fluctuate on any given day. Due to such price fluctuations you may increase or lose the value of your assets.
- We do not guarantee any profit from trading or any other activity associated with the website cryptolabs.sk. Due to risks mentioned above, and those not listed, you should consider whether the digital currency is the right choice for you depending on your financial circumstances.
Objednávací formulár
Bitcoin Price: 408.72 €
The above price is only informative, valid at this moment and does not include any fees that are charged. We will confirm the exact rate after receiving the payment, then you can choose whether or not you agree with the exchange rate. Otherwise, you will be refunded the full amount.