How to deposit Bitcoin Cash (BCH) to FXOpen's trading account (eWallet)? Table of Contents

How to deposit Bitcoin Cash (BCH) to FXOpen?

To fund your account with Bitcoin Cash:

Select Deposit → Bitcoin Cash in your My FXOpen Account.

Where
Select the account you want to fund (main account (eWallet) or trading account).
Currency
Select the currency of the account.
Deposit currency
Select payment currency (BCH).

Click Next.

Up-to-date information on commissions is indicated on the ” Commissions ” page.

Log into your Bitcoin Cash wallet (desktop, mobile or internet wallet). Send the payment to the Bitcoin Cash address generated in your My FXOpen Account or scan the QR code using your mobile device camera.

Funds will be credited to your FXOpen account after the transaction has received a sufficient number of confirmations (minimum 6) on the Bitcoin Cash network.

Log in to FXOpen’s eWallet

In case you haven’t received Bitcoin Cash in FXOpen’s eWallet

If you made a deposit with Bitcoin Cash, but the funds were not credited to your FXOpen account, please use the payment notification form.

Select Deposit → Bitcoin Cash in your My FXOpen Account and click the payment notification link.

Fill out the notification form and click Notify.

Make sure you entered the correct transaction number in the “Payment Number” field and not your Bitcoin Cash address. To do this, open your Bitcoin Cash wallet and find the payment sent to the FXOpen address in the list of transactions.

Transaction ID, or TXID, is the identification number for Bitcoin transactions. This is a combination of letters and numbers that denotes a particular transaction in the blockchain. Example: 3bb3cd4358707727bc4df2454bfec67e8e46c2903cbd1c0b9e483fd86508f12e.

Select the eWallet number on the left side of the My FXOpen Personal Account.

The status of the transaction is shown on the Account Transactions / History tab.

Contact FXOpen Support Team

What is Bitcoin Cash (BCH)?

Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a hard fork of the Bitcoin blockchain in 2017.The main difference from Bitcoin is the larger block volume and speed of operations. The issue is limited to 21 million coins.

Send money almost for free
With Bitcoin Cash, you can send money to anyone anywhere in the world 24 hours a day, 365 days a year. Like the Internet itself, the network is always on.
Control Your Money Yourself
While banks can charge fees all over the place, block your transactions, or even close your account, Bitcoin Cash gives you complete control over your funds, which you can access from anywhere in the world.
Fixed Coins
The Bitcoin Cash protocol ensures that the agreed supply of 21 million coins is never exceeded. While the government prints money, subjecting savings to inflation and devaluation, cryptocurrency has a fixed supply.
Increase your privacy and work anonymously
Bitcoin Cash offers more privacy and anonymity than traditional payment systems such as bank transfers and credit card payments, since the owner of the Bitcoin address generally remains anonymous. Bitcoin Cash offers different levels of privacy.
Token Ecosystem
Storing and managing tokens on the blockchain provides greater transparency and integrity than traditional forms of asset accounting and trading. Bitcoin Cash supports token protocols that are used in various projects.
Support Freedom of Choice
Bitcoin Cash is an open, decentralized network.

Today, there are three main ways to get a Bitcoin Cash wallet: a software client for downloading to a personal computer, an account on an online service, and creating a Bitcoin Cash account. The wallet stores your personal data, public and private keys. The public key is used to receive bitcoins, and the private key is used directly to sign transactions for spending BCH.

There are various types of wallets that are suitable for safely storing BCH cryptocurrency: for PC and desktop applications, web wallets or cloud services, hardware or hard drives. Learn more about Bitcoin Cash wallets here.

Once you have set up your Bitcoin Cash wallet, you can start depositing/withdrawing or transferring Bitcoin Cash in your My FXOpen Account and trade BCH on the platform.

Go to FXOpen’s Official Website

What’s the difference between Bitcoin and Bitcoin Cash?

Block size
While Bitcoin blocks are limited to 1 MB, Bitcoin Cash blocks can be as high as 32 MB.
Transaction processing time
The Bitcoin Cash network can process a lot more transactions per second and include more transactions per block than Bitcoin.
Commission fees
Since the Bitcoin Cash network processes transactions faster than Bitcoin, the transaction processing fees are generally lower for BCH.
Liquidity
The liquidity and usability of Bitcoin Cash is rated lower than Bitcoin, as BTC is the largest cryptocurrency by market capitalization.
Market value
Although Bitcoin Cash is growing in value, Bitcoin is the undisputed leader among cryptocurrencies in terms of price ratio, popularity and scale of use.

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