{"id":10846,"date":"2024-01-21T08:30:22","date_gmt":"2024-01-21T01:30:22","guid":{"rendered":"https:\/\/bitcoinvn.io\/news\/?p=10846"},"modified":"2026-05-30T23:30:02","modified_gmt":"2026-05-30T16:30:02","slug":"bitcoin-cash-usage-in-vietnam","status":"publish","type":"post","link":"https:\/\/bitcoinvn.io\/insights\/bitcoin-cash-usage-in-vietnam\/","title":{"rendered":"2023 recap &#8211; Bitcoin Cash usage in Vietnam"},"content":{"rendered":"<p><em>While the Bitcoin Cash community has not had too much to celebrate in recent years, it remains somewhat &#8211; maybe, maybe not &#8211; surprising that BCH still holds a significant market share on <a href=\"https:\/\/bitcoinvn.io\/?utm_source=Google&amp;utm_medium=recap-bitcoin-cash-2023&amp;utm_id=SEO2024\" target=\"_blank\" rel=\"noopener\">BitcoinVN, Vietnam\u2019s premier Bitcoin &amp; cryptocurrency exchange<\/a>.<\/em><\/p>\n<p>Bitcoin Cash holds a respectable third place behind\/alongside the two \u201cgiants\u201d (Bitcoin and Ethereum) and the world\u2019s favourite privacy coin <a href=\"https:\/\/bitcoinvn.io\/?deposit=bch&amp;settle=xmr&amp;utm_source=Google&amp;utm_medium=recap-bitcoin-cash-2023&amp;utm_id=SEO2024\" target=\"_blank\" rel=\"noopener\">Monero<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-10847 size-full\" src=\"https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam.jpg\" alt=\"2023 BitcoinVN swap volume chart showing BCH market share\" width=\"800\" height=\"450\" srcset=\"https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam.jpg 800w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam-300x169.jpg 300w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam-768x432.jpg 768w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam-696x392.jpg 696w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam-747x420.jpg 747w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>This puts Bitcoin Cash far ahead of another \u201cold-school,\u201d \u201ccheap-transaction\u201d proof-of-work coin such as <a href=\"https:\/\/bitcoinvn.io\/?deposit=ltc&amp;settle=vnd&amp;utm_source=Google&amp;utm_medium=recap-bitcoin-cash-2023&amp;utm_id=SEO2024\" target=\"_blank\" rel=\"noopener\">Litecoin<\/a>.<\/p>\n<p>What are some possible explanations for why Bitcoin Cash remains in such a comparatively strong position in Vietnam versus the global market share?<\/p>\n<p>While the Bitcoin Cash community in recent years has not exactly seen much growth and largely consists of OG users who \u201cfell on the other side of the fork\u201d at the end of the Blocksize War in 2017, one has to concede that the Bitcoin Cash community indeed consists, to a comparatively large degree, of actual users of the currency.<\/p>\n<p>Given that a fair share of the users of BitcoinVN consists of digital nomads living in Vietnam, earning their income online, and regularly being individuals with limited banking accessibility, utilizing cryptocurrencies such as Monero, Litecoin, or Bitcoin Cash to pay their bills in Vietnam is a convenient and practical choice.<\/p>\n<figure id=\"attachment_10848\" aria-describedby=\"caption-attachment-10848\" style=\"width: 400px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-10848 size-full\" src=\"https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Living-on-Bitcoin-Cash-in-Vietnam-made-simple.jpg\" alt=\"Living on Bitcoin Cash in Vietnam made simple\" width=\"400\" height=\"483\" srcset=\"https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Living-on-Bitcoin-Cash-in-Vietnam-made-simple.jpg 400w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Living-on-Bitcoin-Cash-in-Vietnam-made-simple-248x300.jpg 248w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/01\/Living-on-Bitcoin-Cash-in-Vietnam-made-simple-348x420.jpg 348w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><figcaption id=\"caption-attachment-10848\" class=\"wp-caption-text\">Living on <a href=\"https:\/\/bitcoinvn.io\/?deposit=bch&amp;settle=vnd\">Bitcoin Cash in Vietnam<\/a> made simple<\/figcaption><\/figure>\n<p>The ability to cash out their coins without needing to sign up for the platform &#8211; either to any Vietnamese bank account or via various cash pickup points &#8211; makes the BitcoinVN platform an ideal tool to make life as a digital nomad in Vietnam easier.<\/p>\n<p>It is maybe somewhat unsurprising that an \u201cOG\u201d Bitcoin exchange such as BitcoinVN therefore carries a whole lot more \u201cOG\u201d users who have become accustomed to using Bitcoin Cash as their preferred cryptocurrency versus many of the newer exchanges which have launched in more recent years.<\/p>\n<p>Will Bitcoin Cash be able to keep this comparatively high market share in Vietnam?<\/p>\n<p>Given the stagnation in the Bitcoin Cash community in recent years, this might be somewhat of a hard task; however, we shall keep a close eye on future developments in this market segment.<\/p>\n<figure id=\"attachment_10907\" aria-describedby=\"caption-attachment-10907\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-10907 size-full\" src=\"https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/08\/bitcoin-cash.jpg\" alt=\"2023 market share of various cryptocurrencies on BitcoinVN\" width=\"800\" height=\"450\" srcset=\"https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/08\/bitcoin-cash.jpg 800w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/08\/bitcoin-cash-300x169.jpg 300w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/08\/bitcoin-cash-768x432.jpg 768w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/08\/bitcoin-cash-696x392.jpg 696w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2024\/08\/bitcoin-cash-747x420.jpg 747w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption id=\"caption-attachment-10907\" class=\"wp-caption-text\">2023 market share of various cryptocurrencies on BitcoinVN<\/figcaption><\/figure>\n<p><strong>Chinese version: BitcoinVN 2023\u5e74\u5e02\u5834\u56de\u9867\uff0c\u8d8a\u5357\u7684\u6bd4\u7279\u5e63\u73fe\u91d1\u4f7f\u7528\u60c5\u6cc1<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 2023 recap of Bitcoin Cash usage on BitcoinVN, covering BCH swap-volume share, digital nomad demand in Vietnam, cash-out use cases, and future outlook.<\/p>\n","protected":false},"author":13,"featured_media":10850,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9194],"tags":[],"class_list":["post-10846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bai-seo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2023 recap - Bitcoin Cash usage in Vietnam - BV Insights<\/title>\n<meta name=\"description\" content=\"In Vietnam, Bitcoin Cash holds a respectable fourth place after the two \u201cgiants\u201d (Bitcoin and Ethereum) and Monero...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bitcoinvn.io\/insights\/bitcoin-cash-usage-in-vietnam\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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