BYDFi
Trade wherever you are!
Buy Crypto
New
Markets
Trade
Derivatives
common-fire-img
BOT
Events

How do BCC and BCH differ in terms of their use and value in the digital currency market?

Susan Sipocz ShanepeachesAug 03, 2023 · 2 years ago1 answers

Can you explain the differences between BCC and BCH in terms of how they are used and their value in the digital currency market?

1 answers

  • 144Sep 01, 2020 · 5 years ago
    BCC and BCH are two digital currencies that have different use cases and values in the digital currency market. BCC, which stands for BitConnect, was a controversial cryptocurrency that was involved in a Ponzi scheme. It promised high returns to investors through a lending program, but it was eventually exposed as a scam and shut down. As a result, BCC lost its value and is no longer traded on reputable exchanges. On the other hand, BCH, or Bitcoin Cash, is a cryptocurrency that was created as a result of a hard fork from Bitcoin. It aims to provide faster and cheaper transactions compared to Bitcoin. BCH has gained wider acceptance and is supported by major exchanges. It has a significant market value and is considered a legitimate alternative to Bitcoin.

Top Picks