It's a joyous occasion today for BCC users!

As of today Bitpay users can use Bitcoin Cash to top up their spending cards after several years of the company only supporting BTC deposits. Not only is this integration GREAT news for BCC and GREAT news for the crypto community it's also cheaper for the user! As of yesterday fees were nearly 2% cheaper when using BCC compared to BTC with Bitcoin’s fee being 1.9% and Bitcoin Cash being 0%. When making a purchase the Bitpay interface allows users to compare each coin’s fee, exchange rate and confirmation time side by side giving users much more control over their experience.

As a team, IDC is excited to see where this exposure takes BCH. In the past, we’ve shared our bullish opinion on it with fees and confirmation times being significantly lower than they were with BTC...then came Coinbase’s implementation of Segwit and batching of transactions followed by the introduction of the BTC Lightning Network. With these upgrades the BTC mempool has been less congested and fees have dropped from over $30 at one point to just a few dollars.

BTC is looking bullish but BCC still holds a valid place in the market. Technical analysis on BCH looks good with the USD price recently bouncing off of the .786 on my chart for the 3rd time in a month and resting on support found with my pitchfork at the midpoint between there and .618. BCC seems to be forming an ascending triangle indicated by the turquoise line on my chart...As always though, with crypto, you never know what tomorrow holds.

Check my chart out here

How do you think Bitpay’s integration of BCC will affect the market?