{"id":10846,"date":"2024-01-21T08:30:22","date_gmt":"2024-01-21T01:30:22","guid":{"rendered":"https:\/\/bitcoinvn.io\/news\/?p=10846"},"modified":"2024-01-23T09:45:06","modified_gmt":"2024-01-23T02:45:06","slug":"bitcoin-cash-usage-in-vietnam","status":"publish","type":"post","link":"https:\/\/bitcoinvn.io\/news\/bitcoin-cash-usage-in-vietnam\/","title":{"rendered":"2023 recap &#8211; Bitcoin Cash usage in Vietnam"},"content":{"rendered":"<p><em><span style=\"font-weight: 400;\">While the Bitcoin Cash community had not 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 <\/span><a href=\"https:\/\/bitcoinvn.io\/?utm_source=Google&amp;utm_medium=recap-bitcoin-cash-2023&amp;utm_id=SEO2024\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BitcoinVN, Vietnam\u2019s premier Bitcoin &amp; Cryptocurrency Exchange<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/em><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin Cash holds a respectable third place behind \/ alongside the two \u201cgiants\u201d (Bitcoin and Ethereum) and the world\u2019s favourite privacy coin <\/span><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\"><span style=\"font-weight: 400;\">Monero<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-10847 size-full\" src=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam.jpg\" alt=\"\" width=\"800\" height=\"450\" srcset=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam.jpg 800w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam-300x169.jpg 300w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam-768x432.jpg 768w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam-696x392.jpg 696w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/01\/Bitcoin-Cash-in-Vietnam-747x420.jpg 747w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">This puts Bitcoin Cash far ahead of another \u201cold school\u201d, \u201ccheap transactions\u201d proof-of-work coin such as <\/span><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\"><span style=\"font-weight: 400;\">Litecoin<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What are some possible explanations that Bitcoin Cash remains in such a comparatively strong position in Vietnam versus the global market share?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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 wars in 2017, one has to concede that the Bitcoin Cash community indeed consists to a comparatively large degree of actual users of the currency.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/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\/news\/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\/news\/wp-content\/uploads\/2024\/01\/Living-on-Bitcoin-Cash-in-Vietnam-made-simple.jpg 400w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/01\/Living-on-Bitcoin-Cash-in-Vietnam-made-simple-248x300.jpg 248w, https:\/\/bitcoinvn.io\/news\/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><span style=\"font-weight: 400;\">The ability to cash out their coins without the need to sign-up for the platform &#8211; either to any Vietnamese bank account or via various cash pick-up points, makes the BitcoinVN platform an ideal tool to make life as a digital nomad in Vietnam easier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is maybe somewhat unsurprising, that an \u201cOG\u201d Bitcoin Exchange such as BitcoinVN therefore carries along a whole lot more \u201cOG\u201d users who have come accustomed to using Bitcoin Cash as their preferred cryptocurrency of choice versus many of the newer exchanges which have launched in more recent years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Will Bitcoin Cash be able to keep this comparatively high market share in Vietnam?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/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\/news\/wp-content\/uploads\/2024\/08\/bitcoin-cash.jpg\" alt=\"2023 market share of various crypto currencies on BitcoinVN\" width=\"800\" height=\"450\" srcset=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/08\/bitcoin-cash.jpg 800w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/08\/bitcoin-cash-300x169.jpg 300w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/08\/bitcoin-cash-768x432.jpg 768w, https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/08\/bitcoin-cash-696x392.jpg 696w, https:\/\/bitcoinvn.io\/news\/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 crypto currencies on BitcoinVN<\/figcaption><\/figure>\n<p><strong>Chinese version: <a href=\"https:\/\/twbitcoin.cash\/bitcoin-vn-2023-recap\/#\">BitcoinVN 2023\u5e74\u5e02\u5834\u56de\u9867\uff0c\u8d8a\u5357\u7684\u6bd4\u7279\u5e63\u73fe\u91d1\u4f7f\u7528\u60c5\u6cc1<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the Bitcoin Cash community had not 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 BitcoinVN, Vietnam\u2019s premier Bitcoin &amp; Cryptocurrency Exchange. Bitcoin Cash holds a respectable third place behind \/ alongside the two \u201cgiants\u201d (Bitcoin and Ethereum) [&hellip;]<\/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 v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2023 recap - Bitcoin Cash usage in Vietnam - BitcoinVN News<\/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\/news\/bitcoin-cash-usage-in-vietnam\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2023 recap - Bitcoin Cash usage in Vietnam - BitcoinVN News\" \/>\n<meta property=\"og:description\" content=\"In Vietnam, Bitcoin Cash holds a respectable fourth place after the two \u201cgiants\u201d (Bitcoin and Ethereum) and Monero...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bitcoinvn.io\/news\/bitcoin-cash-usage-in-vietnam\/\" \/>\n<meta property=\"og:site_name\" content=\"BitcoinVN News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/www.bitcoinvn.io\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-21T01:30:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-23T02:45:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoinvn.io\/news\/wp-content\/uploads\/2024\/01\/bitcoin-cash-2023.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"717\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Quynh Nguyen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bitcoin_vietnam\" \/>\n<meta name=\"twitter:site\" content=\"@bitcoin_vietnam\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Quynh Nguyen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bitcoinvn.io\/news\/bitcoin-cash-usage-in-vietnam\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bitcoinvn.io\/news\/bitcoin-cash-usage-in-vietnam\/\"},\"author\":{\"name\":\"Quynh Nguyen\",\"@id\":\"https:\/\/bitcoinvn.io\/news\/#\/schema\/person\/e791e268b1e1e5d724f1046a62ddb1ff\"},\"headline\":\"2023 recap &#8211; 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