About this pair
BCH/CNH: what to know
The BCH/CNH rate shows how much CNH you get for 1 BCH. Right now, 1 BCH buys 1,501.62 CNH at the mid-market rate. In the other direction, 1 CNH is worth 0.000665946 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while CNH responds to sentiment toward China and offshore flows.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.