What is difference between bitcoin and Bitcoin Cash?

First off, using BCH is simple. If you have it, all you need to do is use a wallet address to send the assets to a wallet . The recipient could be another person or a merchant. Various merchants around the world accept Bitcoin Cash, among other cryptocurrencies, for payment.

Cash-Out Methods. There are two main avenues to convert bitcoin to cash and ultimately move it to a bank account. Firstly, you can use a third-party exchange broker . These third parties (which include bitcoin ATMs and debit cards) will exchange your bitcoins for cash at a given rate.

The main difference is related to the block size of each network. While Bitcoin maintains its 1 MB block size, with Bitcoin Cash, block sizes have grown to 32 MB . This means that transactions on BCH now cost less than a penny and it can process as many as 200 transactions per second.