Btc vs bch for transactions

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Laurence Newman January 23, Reading a lot more secure perhaps.

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BTC vs. BCH - which version of Bitcoin is actually being used?
As far as goals are concerned, Bitcoin is focused on becoming a global digital asset and currency, while Bitcoin Cash is focused on becoming a. Bitcoin Cash is newer, less popular, and does not have as much investor confidence as Bitcoin. BCH has fewer trading pairs than BTC, making it less tradeable. Transaction costs - Bitcoin Cash has cheaper transfer fees (around $ per transaction), so making transactions in BCH will save you more. Bitcoin (BTC).

Do i have to report buying bitcoin on my taxes

Token Metrics Team. Part Of. However, the difference in philosophies between the two coins should also be a factor. If it is going to be used as a global payment system, it must improve its performance as more people use the currency.