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Frequently asked questions

The price of Bitcion Cash is defined on crypto exchanges. The market determines the price, where there's an equal amount of buyers and sellers.

Ironically, Bitcoin Cash also roughly follows the swings in bitcoin's price. Additionally, forks have impacted the price of the cryptocurrency in the past. There there were several forks of Bitcoin Cash in 2018, into Bitcoin Cash ABC and Bitcoin Cash SV.

A crypto exchange (or cryptocurrency exchange) is a marketplace where buyers and sellers trade cryptocurrencies. Just like regular stock exchanges, a cryptocurrency exchange serves as a middleman who sets the market price at which an equal number of buyers and sellers can be found.

Cryptocurrency markets are inherently volatile and unpredictable. By investing in Bitcoin Cash, you’re taking a risk that you’ll miss out. Generally speaking, the best time to make the sale is when you believe that the value of the coin is not going to get any higher.

Don't miss out on a good selling point and set a yourself price alert.

Before you make the sale, you should be sure that you’ve accounted for all of the additional costs that you might incur. These might include the fees exacted by the exchange, the method you’ll be using to sell the coins, and any taxes the sale might incur.

The form that a payout depends on the exchange you’re using. Some will pay out using a bank transfer, others will provide the option to pay using services like Paypal. As ever, you can assess your options using Cryptoradar.

In most countries, crypto is viewed by the tax authorities as an asset. When you sell Bitcoin Cash, you’re realising an investment, and will therefore be liable for capital gains tax. Crypto tax software can help you calculate and file your taxes.

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