BCH to USDC conversion chart
Bitcoin Cash to USD Coin correlation
BCH and USDC are not correlated to each other as BCH value depends on supply and demand. Whereas, USDC is a stablecoin that is backed by traditional fiat like the dollar and the euro. USDC’s value remains the same, which is $1 regardless of the market conditions. Hence, BCH and USDC do not share a strong relationship.
BCH Price Change and Market Cap
Currently, BCH price is 368.95 USDC. According to the Bitcoin Cash price chart, the 24-hour change is -4.35%. The total market capitalization of Bitcoin Cash is $584782 with 588679.91 BCH in circulation. In the previous 24 hours, Bitcoin Cash price hit highs of 375.11 USDC and lows of 366.26 USDC.
Bitcoin Cash Price Prediction
Bitcoin Cash price grew exponentially in a short period several times in its history. Bitcoin Cash was on a bull run since its inception and rose to a peak of $4,355.62 on December 20, 2017. Bitcoin Cash price in early January of 2020 was close to $200. BCH price climbed up consistently in the next few weeks and at one point Bitcoin Cash price almost breached the $500 mark in February. Following the economic crisis, Bitcoin Cash price also declined sharply in March and traded in the range of $160 to $200. Bitcoin Cash price picked up in the second quarter and did not go through any fluctuations. As of June 2020, Bitcoin Cash price is around $230.
Bitcoin Cash price prediction states that we can see BCH price crossing the thousand dollar mark again in 2025. Bitcoin Cash is a good investment for long-term returns but its too early to predict the prices for 2030 as the project is still young. Do check our Bitcoin Cash Price Predictions article for more details.
Bitcoin Cash Wallets
Still looking for a crypto wallet to store your Bitcoin Cash safely? We shortlisted some of the best for you.
On Trezor, Coolwallet S, and Exodus wallet you can safely store your Bitcoin Cash and also exchange it without leaving the application via ChangeHero. Choose the one that suits your needs.
BCH to USDC exchange margin
The closing conversion rate for BCH to USDC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BCH to USDC would result in an output of 368.95 USDC.
How to convert Bitcoin Cash to USD Coin
Bitcoin Cash and USD Coin comparison
Bitcoin Cash is a younger cryptocurrency that was formed due to the hard fork in Bitcoin. The purpose behind the invention of Bitcoin was to enable peer-to-peer transactions, but as the cryptocurrency took off, the surge in transactions and the block size cap limited its use cases. To overcome this problem, the community debated increasing the block size and second-layer solutions. While a majority of them voted in favor of the second-layer solutions, the rest of the community decided to fork the chain and create a new chain with increased block size. The fork took place in 2017 and the new chain was given the name Bitcoin Cash and got the ticker BCH. Bitcoin Cash’s motto is to keep the founding principles of Bitcoin and ensure that it is being put to use as a digital means of payment everywhere. Bitcoin Cash gained a reputation in the community in a short period and more merchants are accepting Bitcoin Cash.
USD Coin was developed by the consortium of Circle and Coinbase. USDC is a stablecoin issued on the Ethereum network. USD coin is backed by the US Dollar to maintain the price of the token at $1. Monthly audits of the collateral are published to ensure transparency.
What is Bitcoin Cash?
Bitcoin Cash came into existence on August 1, 2017, as a result of the hard fork in the Bitcoin blockchain. Despite being the industry leader in market capitalization, Bitcoin lacked scaling. While one group recommended increasing the block size, the other opposed it and offered Segregated Witness (SegWit) as a solution. When the factions failed to reach a consensus, the group that supported increasing the block size forked the chain which gave rise to Bitcoin Cash with the ticker BCH. Bitcoin Cash is supported by Jihan Wu, co-founder of Bitmain and Roger Ver, CEO of Bitcoin.com.
Bitcoin Cash envisions to be peer-to-peer electronic cash that can be spent anywhere with low fees. Bitcoin Cash is similar to its elder brother, Bitcoin, in many ways. BCH uses the same Proof-of-Work consensus algorithm and produces a block every 10 minutes. New coins are issued through mining, and the protocol undergoes halving to regulate the issuance. Bitcoin Cash has a block size limit of 32MB and can process around 280 transactions per second.
Bitcoin Cash to USD Coin price details
BCH to USDC Conversion Rate and Price
At the moment, the conversion rate for 1 BCH equals 368.95 USDC. The 24-hour highest price of BCH in relation to USDC was 375.11 USDC and the lowest was 366.26 USDC. In short, BCH price in relation to USDC changed by -4.35%.
Instantly Exchange BCH to USDC
On ChangeHero you can instantly exchange Bitcoin Cash to USD Coin without registrations. You can easily convert BCH to USDC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your BCH to USDC exchange.
BCH to USDC Best Rate Exchange
In the Best Rate exchange of Bitcoin Cash to USD Coin, we search through various exchanges for the BCH to USDC pair and find the best rate available in the market. We provide you with an estimation of the amount of USDC you will receive.
As soon as you accept the terms and the BCH is deposited, the exchange will be automatically processed. We remind you that the final amount of USDC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BCH to USDC.
BCH to USDC Fixed Rate Conversion
In the Fixed Rate exchange of Bitcoin Cash to USD Coin, ChangeHero finds a good rate for the pair BCH to USDC and fix the rate for up to 15 minutes. In the Best Rate exchange of BCH to USDC, you will receive the exact amount of USDC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified USDC address. ChangeHero is the best place to exchange BCH to USDC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BCH to USDC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BCH to USDC?
No, you do not require an account to swap BCH to USDC on ChangeHero. There will be no registrations for your Bitcoin Cash to USD Coin transaction.
Do I need to go through KYC procedures for BCH to USDC exchange?
There will be no KYC for the BCH to USDC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange USDC to BCH?
Yes, you can instantly exchange USDC to BCH on ChangeHero.
Buy and sell Bitcoin Cash
Are you looking to buy Bitcoin Cash? Now, on ChangeHero you can buy BCH with a credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
