Bitcoin Cash
WHAT IS BITCOIN CASH?
Bitcoin cash (BCH) is both a cryptocurrency and a payment network. It was created following a hard fork with bitcoin in December 2017 with the goal of increasing the number of processable transactions.
What is the difference between Bitcoin and Bitcoin Cash?
Increasing the block size of Bitcoin Cash was intended to make the technology more scalable and process more transactions per second, making it easier to use the cryptocurrency as a means of payment, rather than a store of value. As a general rule of thumb, Bitcoin Cash transaction fees are generally lower than Bitcoin.
If you want to know more information about Bitcoin Cash you can visit its website at https://bch.info/es/
Where can we pay with Bitcoin Cash
It is already possible to pay with cryptocurrencies on the Official Magic Hair website and you do not have to do anything special. It is totally intuitive. You have the following option:
- You can browse the Magic Hair Official website as normal and when the time comes to pay you will be asked how you prefer to do it: Cryptocurrencies, credit card, PSE, Cash on Delivery? You will be redirected to the COINBASE COMMERCE payment gateway and there it will be time to choose your preferred cryptocurrency, in this case Bitcoin Cash.
The best cryptocurrencies
Although it is something new for many and very recent, there are currently some 2,000 cryptocurrencies on the market. An overwhelming offer that makes it essential to know which ones work best. What is clear is that the advantages of using them are numerous. We will cite four of them.
- One of its great values is the speed with which transactions are carried out, which sometimes does not exceed a few seconds.
- Its operation is also transparent as it is not centralized in a single organization as is the case with the dollar or the euro, to give two examples. Anyone can access the ledger, something that would be unthinkable with traditional currencies.
- Another unique feature of cryptocurrencies is their hacker-proof security. Likewise, operations cannot be reversed except by the person receiving the payment.
- International operations are easier when operating with a common currency that is increasingly accepted by more and more companies and financial institutions.
Taking into account its advantages, we are going to review the best cryptocurrencies that currently exist in the world and that have a greater market capitalization.
- Bitcoin . Although it has suffered numerous ups and downs, Bitcoin, the first cryptocurrency to hit the market, still occupies the first position in all the lists. Experts say that its trend is upward, although it has increasing competition.
- ethereum . It is the second most used cryptocurrency after Bitcoin. It is more varied by allowing the development of smart contracts with its platform.
- Litecoin , created by ex-Google employee Charlie Lee in 2011, was released as an alternative to bitcoin.
- Bitcoin Cash . Generated to process more transactions per second than Bitcoin.
- DAI : A virtual currency that can be used by anyone, anywhere and at any time. Dai is a stable, decentralized currency that does not discriminate.
- USD Coin : The USD Coin (USDC) is a type of cryptocurrency that is also called “Stablecoin” or stable price. So called thanks to the fact that each USDC is backed by one US dollar, reserved in a bank account .
How to buy with Bitcoin Cash in Official Magic Hair?
Carry out the search for the products you want in Magic Hair Official and add the products of your choice or any product available on our website to the cart.
On the payment screen, select the COINBASE COMMERCE option from the available options.
After clicking "Checkout" you will be redirected to Coinbase Commerce to complete your purchase.
On the Coinbase Commerce platform you have the option to:
- Pay with the cryptocurrencies that you have available on the Coinbase website, by pressing the "Pay with Coinbase" button. You will be asked for your username and authentication to login.
- Or you can also press the button of the cryptocurrency with which you are going to make your payment, the options that we offer you are Bitcoin, Ethereum, USD Coin, Dogecoin, Litecoin, Dai and Bitcoin Cash.
Once you have selected the desired option for your payment, the encrypted address to which you must make the transfer from your Bitcoin Cash wallet and the total Bitcoin Cash necessary to complete your payment will appear. Or use the QR code from your mobile; our system will verify that we have received the payment and confirm your order.
It's that easy, you will receive your order confirmation by email. Save our email in your contacts so that our communications do not go to the spam tray, our email is info@magichairoficial.com.co
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