Bitcoin Cash (BCH) Wallet Integration Guide: Process & Key Features

Bitcoin Cash (BCH) remains a prominent cryptocurrency despite evolving market dynamics. This guide explores BCH fundamentals, its distinctions from Bitcoin (BTC), practical advantages, and a step-by-step wallet integration process for developers and businesses.

What Is Bitcoin Cash (BCH)?

Bitcoin Cash (BCH) emerged from a 2017 Bitcoin hard fork aimed at scaling transaction capacity by increasing block size to 8MB. Key milestones:

• 2018 Split: Divided into Bitcoin ABC (retaining BCH) and Bitcoin SV.
• 2020 Halving: Block reward reduced from 12.5 to 6.25 BCH.

BCH prioritizes fast, low-cost transactions, making it ideal for everyday payments and merchant adoption.

BCH vs. BTC: Core Differences

| Feature | BCH | BTC |
|-----------------------|------------------------------|------------------------------|
| Block Size | 8MB | 1MB (SegWit solutions) |
| Transaction Speed | Faster (<2.5 mins avg.) | Slower (10+ mins avg.) |
| Fees | Low ($0.01–$0.10 per tx) | Higher ($1–$50 during peaks) |
| Philosophy | Payments-focused scalability | Store-of-value emphasis |

Key Insight: BCH’s larger blocks prevent congestion, ensuring consistent usability.

Advantages of BCH in Real-World Applications

1. Cost-Effective Payments

   • Merchants avoid credit card fees (0% transaction costs with BCH).
   • Global transactions settle in minutes without currency conversion.

2. Fraud Resistance

   • Irreversible transactions eliminate chargeback risks.

3. Developer-Friendly

   • Simple integration via QR codes or APIs (e.g., Coinbase Commerce).

4. Regular Upgrades

   • Ongoing protocol enhancements (e.g., improved address formats).

BCH Wallet Integration: Step-by-Step

Prerequisites

• API Access: Obtain credentials from a BCH wallet provider (e.g., OKX, BitPay).
• Security: Use HTTPS and validate callbacks.

Integration Steps

1. Generate BCH Addresses

   POST /mch/address/create  
   Body:  
   {  
     "merchantId": "300015",  
     "coinType": 520,  
     "callUrl": "https://yourdomain.com/callback"  
   }  

   Response: {"address": "bitcoincash:qzxexample123"}

2. Handle Deposits/Withdrawals

   • Deposits: Monitor callUrl for inbound TX notifications.
   • Withdrawals: Submit requests via /mch/withdraw with businessId for tracking.

3. Address Validation

   POST /mch/check/address  
   Body:  
   {  
     "address": "bitcoincash:qzxexample123",  
     "mainCoinType": "145"  
   }  

4. Automate Proxypay (Optional)

   • Enable auto-approvals for trusted withdrawals.

FAQ

Q1: Why choose BCH over BTC for payments?

BCH offers lower fees and predictable transaction times, critical for merchants.

Q2: How secure are BCH transactions?

Transactions are cryptographically signed and immutable once confirmed (typically in 2 blocks).

Q3: Can BCH integrate with e-commerce platforms?

Yes. Plugins like WooCommerce support BCH via payment gateways.

👉 Explore BCH wallet solutions for your business.

Conclusion

BCH’s scalability and low-cost structure make it a practical choice for payments and integrations. By following this guide, developers can seamlessly connect to BCH networks, leveraging its speed and efficiency.

For further reading, consult API documentation from providers like OKX or BitPay.