Safe & secure Bitcoin Cash wallet
Take control of your Bitcoin Cash assets with complete confidence in the Trezor ecosystem.
- Secured by your hardware wallet
- Use with the desktop, web & mobile apps
- Trusted by over 2 million customers
Take control of your Bitcoin Cash assets with complete confidence in the Trezor ecosystem.
Manage your Bitcoin Cash with your Trezor hardware wallet synced with several wallet apps.
Trezor Suite
Exodus
The best defense against both online and offline threats
Absolute control of every transaction with on-device confirmation
Transparent wallet design makes your Trezor better and safer
Recover access to your digital assets with a new backup standard
Packaging & device security seals protect your Trezor’s integrity
Bitcoin Cash is a hard fork of <a href="https://www.coingecko.com/en/coins/bitcoin">Bitcoin</a> with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin.
Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original <a href="https://www.coingecko.com/en/coins/bitcoin/developer#panel">Bitcoin Core software</a>. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience.
Why was Bitcoin Cash Created?
The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions.
Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today.
Nov 16th 2018: A hashwar resulted in a split between <a href="https://www.coingecko.com/en/coins/bitcoin-cash-sv">Bitcoin SV</a> and <a href="https://www.coingecko.com/en/coins/bitcoin-cash-abc">Bitcoin ABC</a>
Trezor users can buy BCH securely via the “Buy & sell” tab in the Trezor Suite. Enter the amount (fiat currency) you want to spend on XRP, select a compatible exchange provided by Invity.io, and then follow the necessary steps to complete the purchase.
Bitcoin Cash adheres to the core principles of cryptocurrency: decentralization, peer-to-peer transactions, and low costs, but it diverges from Bitcoin by prioritizing fast, cheap transfers over Bitcoin’s ‘digital gold’ characteristics.
Bitcoin Cash was created by a group of developers and miners who were unhappy with the direction of the Bitcoin network. A key figure in the development of Bitcoin Cash was Roger Ver, who is an early Bitcoin adopter and advocate for cryptocurrencies.
A Bitcoin Cash wallet is a tool that allows you to securely store, send, and receive Bitcoin Cash (BCH). It manages your private and public keys, giving you control over your BCH holdings. A hardware wallet, like Trezor, offers enhanced security by storing these keys offline, protecting them from online threats like hacking or phishing.
The best Bitcoin Cash wallet combines security, usability, and convenience. Trezor hardware wallets, along with the Trezor Suite app, are considered among the best options for securely managing Bitcoin Cash.
Trezor wallets, such as the Trezor Safe 3 and Trezor Safe 5, offer robust offline storage for your private keys, ensuring high-level security against potential online attacks. The Trezor Suite app natively supports Bitcoin Cash, making it easy to send, receive, and manage your BCH in a seamless and secure environment.
Additionally, with its open-source nature and strong community trust, Trezor stands out as a reliable and transparent option.