BlockTrades website enables users to rapidly purchase cryptocurrencies without the hassles typically associated with purchasing through a centralized cryptocurrency exchange and differs from a traditional exchange as users don't need to maintain a balance on the site.
On January 15 of 2018 BlockTrades announced launch of Bitcoin Cash, and in addition to supporting regular buying and selling of BCH, customers will also be able to purchase Steem accounts with BCH.
Moreover, BlockTrades will allow BCH to be sent using both the new BCH-specific addresses or the old-style addresses, but the deposit addresses generated for users paying with BCH will only be generated in the new format.
One useful aspect of Bitcoin Cash is that transaction fees are cheap relative to Bitcoin, and Bitcoin Cash is supported at many exchanges that support Bitcoin, making it a useful intermediate coin (like Litecoin, Ethereum, and Doge) for going to and from fiat currencies.
BlockTrades official statement
Currencies that are already listed on BlockTrades are: BitCNY, BitEUR, BitShares, BitUSD, OPEN.BTC, OPEN.DASH, OPEN.ETH, BTC, DASH, Dogecoin, ETH, LTC, Steem, Steem Dollar.
Earlier today we have reported that GDAX crypto exchange announced resuming BTC-BCH trading from January 17 after temporary suspension.
At the moment of press, these are main market parameters of Bitcoin Cash:
- Average price: $2 477,58
- Marketcap: $41 903 310 540
- 24h volume: $1 367 100 000