About Bitcoin Cash
Bitcoin Cash (BCH) is a cryptocurrency and a payment network. It was created by hard forking the bitcoin blockchain in August 2017. The key technical difference between Bitcoin Cash and Bitcoin is that Bitcoin Cash allows larger blocks in it blockchain compared to Bitcoin. Larger block size means that more transactions can be accommodated in a block, which in turn increases the transaction throughput of the blockchain.
There is also a philosophical difference in the supporters of Bitcoin Cash and Bitcoin. Bitcoin Cash team intends to establish its currency as medium of exchange for commerce. In contrast, Bitcoin backers want it to become a store of value or digital gold.
You can margin trade Bitcoin Cash on Delta Exchange using our derivative (i.e. futures and perpetual) contracts. This means that you can go long or short BCH with leverage.
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Complete details of the futures and perpetual contracts on BCH that are listed on Delta Exchange are available below.
You can directly buy or sell Bitcoin Cash. This is called spot trading of Bitcoin Cash. If you buy low and sell high, you will make profit. However, this trade only works when Bitcoin Cash price goes up. Further, leverage trading is not possible in spot trading.
Bitcoin Cash margin trading through derivatives addresses these shortcomings. The BCH futures and perpetual contracts enable you to go benefit from both up and down move in Bitcoin Cash. Further, these derivative contracts have built-in leverage, enabling you to trade big with small capital.
Starting trading on Delta Exchange is a breeze. Here’s how you can make your first BCH trade on Delta Exchange:
Delta exchanges offers trading in cryptocurrency futures. These futures offer: (a) up to 100x leverage and (b) ability to go both long or short. Crypto futures not only have the same features as margin trading, but also higher liquidity and lower trading fees.
Delta Exchange is a derivatives exchange. You can trade futures on cryptocurrencies, but not cryptocurrencies directly. The complete list of futures listed on delta is available here.
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