How to exchange BTC for BCH safely and at a good rate
To switch from Bitcoin to Bitcoin Cash you don’t need to sell for dollars first and then buy again. ROVEN exchange does it in one step: one order, one rate, one payout.
Bitcoin (BTC) is the first and largest cryptocurrency, with a capped supply of 21 million coins. Bitcoin Cash (BCH) is a 2017 fork of Bitcoin with bigger blocks and fees of a fraction of a cent.
Why swap BTC for BCH
Coins serve different purposes, and sometimes holding BCH makes more sense — for faster transfers, staking or the Bitcoin Cash ecosystem. Bitcoin Cash was built for fast, cheap transfers, which makes it handy for payments.
Networks and addresses
| You send BTC | You receive BCH | |
|---|---|---|
| Network | Bitcoin | Bitcoin Cash |
| Address | “bc1…”, “1…” or “3…” | “q…” or “bitcoincash:q…” |
| Network speed | a block comes roughly every 10 minutes | a block comes roughly every 10 minutes |
| Memo / tag | Not needed | Not needed |
What to watch out for
- When sending BTC, set a normal network fee: with a low fee the transfer can get stuck for hours.
- Use a CashAddr address (“q…”) so it can’t be confused with a Bitcoin address.
- Send the exact amount from the order and do it within 30 minutes, while the locked rate is valid.
How long the swap takes
Swap speed depends on both networks. On Bitcoin, a block comes roughly every 10 minutes; on Bitcoin Cash, a block comes roughly every 10 minutes. The whole BTC to BCH swap usually takes 5 to 30 minutes once your transfer is confirmed.
The current rate is 1 BTC = 276.128878 BCH and the minimum amount is 0.000625 BTC. Create an order in the form above, and ROVEN exchange will send swap updates by email or Telegram.
