BCH/ETH: what to know
The BCH/ETH rate shows how much ETH you get for 1 BCH. Right now, 1 BCH buys 0.0893 ETH at the mid-market rate. In the other direction, 1 ETH is worth 11.1954 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while ETH responds to network activity and crypto-market sentiment.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. Ethereum popularised programmable “smart contracts”.
Over the past 12 months the BCH/ETH rate has ranged between 0.0896 and 0.2918 — a change of -30.10% versus a year ago.
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.