Example of a trading transaction with Bitcoin Cash
Bitcoin Cash is linked to the US dollar and its quotes directly depend on the supply-demand ratio on the coin in the global market. After the 'forced offshoot' (hardfork) of this crypto currency on August 01, 2017, all users who had bitcoins before this date, retained them in full, but they also automatically became owners of the same number of Bitcoin Cash coins what generated the problem of 'double spending', when it is possible to perform 2 different transactions using the same access keys from one and the same wallet. Futures for Bitcoin Cash are traded on commodity exchanges from July 23, 2017 from a price of 0.5 BTC. Within less than 5 months since its inception, Bitcoin Cash has grown in price om more than 2800% - from $ 146 at the beginning of August 2017 to $ 4,091 at its peak on December 20, 2017. Having bought one Bitcoin Cash coin in the form of a CFD contract at the rate of $ 150 in the beginning of August, 2017 and having sold it in December, 2017 at a price of $ 4000, you could earn over 3,850,000 points in 3,5 months, what equals to $ 38,500 of profit.