Bitcoin Cash Trading

Bitcoin Cash was created by the Bitcoin hard fork on August 1, 2017, made a new version of the blockchain with different rules.

What Is Bitcoin Cash

Bitcoin Cash was created by the Bitcoin hard fork on August 1, 2017, made a new version of the blockchain with different rules. Bitcoin Cash was created as a result of counteracting a prolonged Bitcoin scalability problem. It works by switching from the main Bitcoin blockchain to a new version, the software now has capacity for a larger number of transactions (by eight megabytes to be exact).

How to Trade Bitcoin Cash in 4 Easy Steps

Open a trading account with MergeFX Trade
Fund your account
Fill in your preferred investment amount
BUY (go long) or SELL (go short) Bitcoin Gold

Bitcoin Cash in the markets

Since the infant cryptocurrency launched it had more than doubled in value from the initial Bitcoin Cash price of $300 to over $600. Investors are wondering if this could be labeled the ‘new king of cryptocurrencies’.

But Bitcoin Cash got off to a slow start in the beginning. If it was not for the Bitcoin Cash mining algorithm breathing life in to the new instrument, it would not seem as attractive to profit-seeking computer miners.

Once the finance markets got wind of this jump and rise in the rate at which the ‘blocks’ were being produced (known as hash rate), traders and investors started to bid up the BCH price, hence its rise in popularity.

5 Facts You Should Know About Bitcoin Cash

Created from a hard fork of Bitcoin and expected to have quicker reactions to transactions, the Bitcoin Cash fork occurred at block 478,559.
Despite its reasons for creation and its origins, the BCH coin is considered an altcoin for now. It is not Bitcoin and has no direct connection to Bitcoin’s value.
Having said that, Bitcoin Cash is its own currency and is useful in that it functions just as Bitcoin does only faster due to the increase in its block size.
When the hard fork occurred, the coin held no value at all and investors were able to gain ‘free coins’ – from the split of Bitcoin. As in this case Bitcoin Cash saw major changes in the market and managed to secure their place in the ‘top coins’ listing by market cap in November 2017.
Investors have speculated that Bitcoin Cash was created only because high fees and slow transactions would destroy Bitcoin, and not because Bitcoin was reaching its maximum output of blocks.

Why Trade Bitcoin Cash with MergeFX Trade

We offer Bitcoin Cash CFD trades with up to 20:1 leverage
You can start trading Bitcoin Cash from as little as $100
Trading the volatile BCH coin is an ideal addition to any financial trading portfolio
Trade Forex, equities, commodities along with cryptocurrencies from one account
MergeFX Trade offers Bitcoin Cash trading around the clock, for your convenience
You can SELL Bitcoin Cash (go short) and potentially profit even when the Bitcoin Cash price is on a downtrend
Enjoy live language-specific customer support around the clock
MergeFX Trade offers zero commissions on Bitcoin Cash trading and no bank fees charged on transactions
Zero exposure to hacking or theft simply because you don’t actually buy or sell the cryptocurrency
MergeFX Trade is regulated on 5 continents
Execute trades on MT4 platform in just 3 clicks, free from the complex crypto purchasing process
Auto trading solutions are also available

We are Here to Help You Trade Bitcoin Cash

MergeFX Trade offers you the opportunity to BUY (go long) or SELL (go short) on all Bitcoin Cash trades. This service is available to you 24/7. You can use your preferred trading strategies regardless of which way the currency is moving.

We encourage you to learn more about Bitcoin Cash trading by visiting our trading conditions & charges page.

Please note: The cryptocurrencies market’s high volatility offers endless trading opportunities.

Don’t miss your opportunity to trade Bitcoin Cash with one of the best forex brokers.

Due to price fluctuation, certain crypto pairs may be suspended and/or removed from our trading platforms periodically.

When trading with MergeFX Trade you are trading on the price changes of the digital coin, and not physically purchasing it.

The maximum accumulated position size for Bitcoin Cash is $200,000 notional value, details in our Conditions and Charges page.

There are several reasons why an account may become closed:

1. No activity.
The most common reason is that the account was closed for being inactive (no logins/activity) for a long period of time – from 3 moths and more. Such accounts get deleted, if there are no funds on the balance, and they cannot be restored. You are free to register a new account. (provided there are no other active accounts registered by you on the Platform)

The email cannot be reused. You would need to use a different email address.

2. Deleted by the owner.
If there are no funds on the balance, such accounts cannot be restored. As in previous case, you can simply make sure there are no other active accounts registered by you on the Platform, and create a new one.)

If you have deleted your account yourself by mistake, and there are funds on its balance – please contact support for details (using the «Contacts» form on the main page of the website). The operators will check and see if the account can be restored.

3. Duplicated accounts.
It’s only allowed to have one active account on the Platform. If other accounts registered by the same person are detected they may be deleted with no warning (c 1.30 of the Service Agreement).

4. Deleted for violation of the Service Agreement.
The owner gets notified on the details of violation, and the possibility of refund, and if applicable, is asked to provide the required documents.)

In case of automatic detection of violations (e.g. using automated trading software) – the Company reserves the right not to notify the owner in advance. (You may contact support via the “Contacts” form at the bottom of the website’s front page for details and refund (if applicable). We remind you that all statutory documents (Service Agreement and its annexes) are publicly available and can be revisited at any time on the Company’s website.