Bitcoin Cash Calculator

El Salvador becomes first country to adopt Bitcoin as an official currency. Sep 7, 2021

The cryptocurrency will be legal tender alongside the US dollar

Bitcoin Cash is a decentralized peer-to-peer electronic cash system that does not rely on any central authority like a government or financial institution. As such, it represents a fundamental redesign of the very nature of money.

Bitcoin Cash enables peer-to-peer payments between individuals - just like cash, but in the digital realm.

Bitcoin Cash provides, on an opt-in basis, an alternative form of money that supports economic freedom. Unlike national currencies, Bitcoin Cash integrates strong protection against (1) monetary confiscation, (2) censorship, and (3) devaluation through uncapped inflation.

Bitcoin Cash has a larger maximum block size (32MB) than Bitcoin (1MB). The larger block size increases the volume of transactions that the Bitcoin Cash network can process on chain. While Bitcoin typically processes between 3-7 transactions per second, Bitcoin Cash has the capacity to process as many as 200 transactions per second. This helps to reduce the cost per transaction and increase transaction speed and reliability. Bitcoin Cash transactions typically cost less than a penny. By comparison, the median on-chain Bitcoin (BTC) transaction fee has been in the range of $1-15 since 2020.

A good place to buy bitcoin cash is robinhood.com (Fees are very low and most transactions are free.)

Robinhood.com the popular stock trading app, also allows you to buy, sell, and store cryptos, some at no cost. Thus, it is a solid choice for investors who don’t want to get into the complexities of crypto trading.

Robinhood offers a range of cryptos and you can actually use it to trade commission-free. That is not the norm in crypto, so actually, this makes Robinhood a very good solution. While you won’t have direct control over your crypto or a wide selection like you do with Coinbase or Binance, you can’t argue with zero trading fees while still getting exposure to price swings at market prices. Plus, you can use Robinhood to buy GBTC, ETHE, and other Grayscale trusts too. Put that all together and you have a great platform for the coins it does trade.

Trade crypto commission-free and get a free stock at Robinhood: Trade crypto with zero commission

There is a small broker fee if you buy bitcoin cash.

Most other bitcoin cash apps have additional hidden fees you don't want.

Its not a good idea to buy bitcoin from bitcoin ATM's either. There is a fee and hidden fees when you transfer your bitcoin to a wallet.

Less fees mean more profit for you so keep that in mind before you begin to buy bitcoin cash or bitcoin.

Yes you can get your bitcoin cash out using one of over 75,000 ATM associated with robinhood.com

You can use your Robinhood debit card virtually anywhere that Mastercard® is accepted around the world. You can make purchases at stores or online, reserve a hotel or open a tab at a restaurant, get cash, and more.

If you opted for the virtual debit card only, you can use it online and through Apple Pay, Google Pay, and Samsung Pay.

You can use your Robinhood debit card 24 hours a day, 7 days a week, as long as you have enough available cash in your brokerage account to cover purchases.

What’s available cash?

Available cash is any cash that you have in your brokerage account that you can withdraw or spend. For those with Robinhood Gold and have margin enabled, available cash will include margin. You can find the amount of available cash you have at the top of the Cash tab.

If you have used the instant cash option to buy the bitcoin cash you will need to wait about 5 days for the money to be transferred from your bank to robinhood.com You can still buy stock or cryto currency up to $1,000 while your waiting for the bamk to robinhood.com transfer to go through. This is a really cool feature if you qualify and are verified to use it.