It’s hard to believe that just a few short weeks ago the entire cryptocurrency community watched with anticipation to see what would happen with Bitcoin. Would the blockchain split? If it split, what would happen to Bitcoin’s value? And what about Bitcoin Cash? Would it be a classic pump and dump or would it stabilize and gain support?
Holders waited anciously
On August 1 the Bitcoin blockchain did split and at approximately 2:15 PM ET (6:15 PM UTC), the first block was successfully mined on the new blockchain, marking the birth of Bitcoin Cash. In the first few days following the split, the price of Bitcoin Cash fluctuated wildly – from an all time high of $691 to a low of $204 – as markets opened on a handful of exchanges and holders of the new cryptocurrency waited anxiously for withdrawals to be enabled.
Since then the price of Bitcoin Cash has largely stabilized as more exchanges turn out to support it. At the time of this writing, more than a dozen exchanges worldwide are supporting the cryptocurrency.
Based on 24-hour trading volumes across all available currency pairs, here are the top ten places where you can buy and sell Bitcoin Cash.
#10 – Cryptopia
Like most exchanges supporting Bitcoin Cash, Cryptopia announced their plan to credit BCH to users holding Bitcoin on the exchange. By the end of August 1 they had successfully distributed users’ BCH although withdrawals and deposits remained disabled until August 3. Cryptopia is the only exchange on this list offering LTC and DOGE trade pairs for BCH.
Ticker Symbol: BCH
Trading Pairs: BCH/BTC, BCH/DOGE, BCH/LTC, BTC/USDT
24 Hour Volume: $107,982
#9 – Liqui
Liqui are a Ukraine-based exchange. On July 30 they outlined their plan to distribute Bitcoin Cash to BTC holders on the exchange in the event of a blockchain split. By August 2 all BCH had been credited and trading in BTC, ETH, and USDT enabled.
Ticker Symbol: BCC
Trading Pairs: BCC/BTC, BCC/ETH, BCC/USDT
24 Hour Volume: $273,432
#8 – YoBit
Like ViaBTC, YoBit added BCC trading in advance of the fork although withdrawals were suspended until after the blockchain split. This early trading sparked confusion among many users, who took to Twitter to voice their concerns. Normal BCC trading, deposits, and withdrawals resumed in the days folllowing the split, however.
Ticker Symbol: BCC
Trading Pairs: BCC/BTC, BCC/USD
24 Hour Volume: $410,252
#7 – BTER
Between August 1 – 2 BTER credit Bitcoin Cash to all of its Bitcoin holders, however BCC deposits, withdrawals, and trades were not available until late on August 3.
Ticker Symbol: BCC
Trading Pairs: BCC/BTC, BCC/CNY
24 Hour Volume: $1,693,430
#6 – ViaBTC
ViaBTC is the exchange that gave birth to Bitcoin Cash. On July 22, 2017 they launched their BCC mining pool and were the ones to mine the first block of the new cryptocurrency after the blockchain split. They actually activated BCC/BTC and BCC/CNY trading pairs days before the split, allowing users to trade their BTC 1:1 against both BCC and BTC_Frozen2, the latter of which reverted back to BTC after the split. BCC trading, deposits, and withdrawals were available later that same day.
Ticker Symbol: BCC
Trading Pairs: BCC/BTC, BCC/CNY
24 Hour Volume: $5,916,960
#5 – Kraken
Kraken is another exchange that announced its support of Bitcoin Cash early on. In an August 1 blog post they outlined their plan to distribute BCH to Bitcoin holders and by August 7, trading of the new cryptocurrency was enabled.
Ticker Symbol: BCH
Trading Pairs: BCH/BTC, BCH/EUR, BCH/USD
24 Hour Volume: $12,853,740
#4 – Bittrex
Bittrex announced their Bitcoin Cash distribution plan several days before the blockchain split, but they adopted a ‘wait and see’ stance with regard to trading. Two days after the split, however, they opened up BCC for trading.
Ticker Symbol: BCC
Trading Pairs: BCC/BTC, BCC/ETH, BCC/USDT
24 Hour Volume: $22,730,078
#3 – Poloniex
With BTC, ETH, and USDT markets added just this morning, Poloniex is the latest exchange to support Bitcoin Cash.
Ticker Symbol: BCH
Trading Pairs: BCH/BTC, BCH/ETH, BCH/USDT
24 Hour Volume: $23,112,156
#2 – Bitfinex
Bitfinex was among the first exchanges to announce its intent to support Bitcoin Cash. They began BCH distribution on August 2 and markets were opened within days of the blockchain split.
Ticker Symbol: BCH
Trading Pairs: BCH/BTC, BCH/ETH, BCH/USD
24 Hour Volume: $23,637,000
#1 – HitBTC
On July 28 HitBTC announced their intention to support Bitcoin Cash and gave users the ability to purchase Bitcoin Cash futures (BCCF) that would convert to BCC after the blockchain split. This was in addition to crediting users holding Bitcoin on the exchange with an equal amount of BCC.
Ticker Symbol: BCC
Trading Pairs: BCC/BTC, BCC/ETH, BCC/USD
24 Hour Volume: $47,608,089
For additional exchanges that are trading Bitcoin Cash, and for other BCH resources as well, please visit BitcoinCash.org.
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