BCH
USD
What BCHUSD means
BCHUSD is the symbol for Bitcoin Cash priced in US dollars. BCH is the coin and USD is the quote currency, so the price shows how many dollars a Bitcoin Cash costs.
A CFD (contract for difference) is an agreement with a broker to exchange the difference in price between opening and closing a position. You do not own any Bitcoin Cash. You only gain or lose on the price change.
What Bitcoin Cash is
Bitcoin Cash is a fork of Bitcoin. A fork is a split in a blockchain where part of the community starts following different rules. Bitcoin Cash split off after a long dispute over block size.
- Larger blocks. Bitcoin Cash allows bigger blocks than Bitcoin, so each block can carry more transactions. The aim was cheaper and faster payments.
- Same mining algorithm. BCH uses the same proof-of-work algorithm as Bitcoin, so miners can switch their machines between the two networks.
- Separate coin. After the split, BCH became its own asset with its own price, supply schedule and development teams.
For the Bitcoin contract itself, see BTCUSD (Bitcoin).
What moves the BCHUSD price
Bitcoin Cash has no central bank, earnings or interest rate behind it. Its price depends on supply, demand and sentiment:
- Bitcoin's direction. BCH often moves with BTC, and frequently moves further in percentage terms.
- Overall crypto sentiment. Risk appetite across digital assets affects smaller coins strongly.
- Liquidity. Trading volume in BCH is far lower than in Bitcoin. Thinner markets can produce sharp jumps and wider spreads.
- Exchange listings and delistings. Decisions by large crypto exchanges can change access to the coin.
- Network events. Upgrades, disputes between developers, and changes to the block reward all draw attention.
- Mining shifts. Because miners can switch between BTC and BCH, changes in mining activity affect how secure the network is perceived to be.
- Regulation news. Rules on crypto in large economies can move the whole sector within minutes.
Bitcoin Cash CFD vs holding the coin
| Point | BCHUSD CFD | Holding BCH |
|---|---|---|
| Ownership | No coin, only a contract | You own the coin |
| Wallet and keys | Not needed | You manage a wallet and private keys |
| Spending or sending | Not possible | Possible |
| Direction | You can trade a fall or a rise | Profit only from a rise, unless you use other products |
| Leverage | Available, so losses can exceed what you expect | Usually none on spot purchases |
| Overnight cost | Swaps may apply, depending on account status | No swap |
| Trading hours | The broker's schedule for the symbol | Crypto markets trade around the clock, weekends included |
Crypto markets do not close for the weekend, but a CFD follows the broker's schedule. Check the trading hours of the symbol in your platform before you assume it trades on Saturday and Sunday. For a wider comparison, read Crypto CFD vs buying coins.
Extreme volatility and leverage
Bitcoin Cash can move by large amounts in a single session. Gaps over thin periods are common. With leverage, a small move against you takes a large share of your margin.
Leverage lets you open a position bigger than your deposit. Margin is the money the broker sets aside to keep the position open. A margin call is a warning that your equity is low, and a stop-out is the level where the platform starts closing positions.
On Exness, the margin call and stop-out levels are: Standard Cent: margin call 60%, stop out 0%; Standard: margin call 60%, stop out 0%; Pro: margin call 30%, stop out 0%; Raw Spread: margin call 30%, stop out 0%; Zero: margin call 30%, stop out 0%. Exness also states that balance reset to 0 after stop out. That protection does not stop your full balance from being lost. Leveraged CFD trading can lose money fast.
Read Risk management before sizing any crypto position.
Checking BCHUSD on Exness
Our sourced facts do not confirm that BCHUSD is listed on Exness or give its contract details. Exness lists forex, metals, cryptocurrencies, energies, stocks, indices as instruments on the Standard account, and on Pro accounts execution is instant (forex, metals, energies, stocks, indices), market (cryptocurrencies). Neither statement names Bitcoin Cash.
Before trading, open the symbol list in your platform, such as MetaTrader 5, and check the specification there:
- whether BCHUSD is listed for your account type
- contract size, minimum and maximum volume
- spread, commission and swap
- maximum leverage and trading hours
Do not assume Bitcoin rules apply. The Exness list of crypto instruments eligible for unlimited leverage names only these: BTCUSD, BTCUSDT, ETHUSD, ETHBTC. On the Standard Cent account, platform availability is MT4 and MT5 (BTCUSDc, ETHUSDc not on MT4), so cent crypto symbols can differ by platform.
On swaps, Exness states that clients registered from listed Islamic countries, Pakistan among them, are assigned swap-free status automatically. For other accounts, by default all accounts are swap-free on listed instruments; the status can be lost. Confirm the swap on BCHUSD in the specification. See Swap fees.
Ready to try it on a real or demo account?
Partner link · trading carries a high risk of loss
Calculating pip value and margin
Once you have the contract size from the specification, use the calculators. The pip calculator shows the value of a pip for your lot size, in the quote currency and in your account currency:
Fill in the empty fields to see the result.
The margin calculator shows the margin needed to open the position at your leverage:
Fill in the empty fields to see the result.
More tools are on Calculators.
The legal position in Pakistan
Pakistani regulators have published warnings about offshore trading:
- On payments: per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1))
- On residents: per the SBP, the purchase of offshore forex/margin/CFD products by Pakistani residents violates section 4(1) of FERA 1947
- On protection: per the SECP, offshore platforms have no Pakistani licence or oversight and offer no legal protection or recourse
Read Law and regulators and Regulation and Safety before opening any account.
Frequent questions
What is BCHUSD?
BCHUSD is Bitcoin Cash priced in US dollars. As a CFD, you trade the price change without owning the coin.
How is Bitcoin Cash different from Bitcoin?
Bitcoin Cash split from Bitcoin to allow larger blocks and more transactions per block. It is a separate coin with its own price.
Is BCHUSD available on Exness?
Our sources do not confirm it. Check the symbol list and specification in your platform or the Exness personal area.
Do I get a wallet with a Bitcoin Cash CFD?
No. A CFD gives no coin and no wallet. You cannot send or spend BCH through it.
Can I practise before risking money?
Exness gives a demo account with 10,000 USD (virtual). Check whether BCHUSD appears there. See Demo account.
Where can I learn about other crypto CFDs?
See Crypto CFDs, LTCUSD (Litecoin) and ETHUSD (Ethereum).
