Bitcoin Cash, or BCH, is a variety of Bitcoin (BTC). On 1st August 2017, after a 2-year dispute Bitcoin divided into two currencies.
Bitcoin Cash appeared as a result of a dispute between Bitcoin miner communities, which centred around the currency's scalability. As Bitcoin Cash is a variety (fork) of Bitcoin, everyone who had Bitcoin’s are eligible for the same number of Bitcoin Cash units upon meeting certain requirements.
Bitcoin Cash is a decentralized currency issued by other users who have enough hardware and software resources to support it.
The Bitcoin Cash rate depends entirely on the supply and demand. Its real value is determined by the total amount of goods and services one can purchase with Bitcoin Cash.