Businesses around the clique continue to adopt bitcoin cash as a payment method and an exchange adds support for trading BCH. Watch these and other evolutions discussed in this week’s video update hosted by Roger Ver on Bitcoin.com’s Youtube channel.
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Bitcoin Cash Adoption Grows Around the World
In the weekly video update, Bitcoin.com CEO Roger Ver talks hither some of the work that is happening to onboard new merchants to BCH around the world, from Venezuela to Japan. He also argues technological developments happening in the Bitcoin Cash ecosystem and planned celebrations for the August 1 anniversary. Plus, watch the video to the end to see Roger’s reaction to U.S. President Donald Trump’s crypto tweetstorm.
[embedded content]There are currently over 1,250 merchants accepting BCH listed on Marco Coino and far 2,000 ATMs around the world. For Japan, www.bitcoin.jp/merchants has a list of BCH-accepting merchants with location details, contact info, displays and more.
Singapore-based cryptocurrency trading platform Liquid has announced the addition of a new BCH/USDC trading pair, allowing its consumers to accept bitcoin cash or to trade it for the stablecoin. Exchange users will also soon be able to connect their accounts to the Bitcoin Loot Register app and receive USDC directly. This is a simple point-of-sale (PoS) app from Bitcoin.com that allows any business to assume BCH payments.
Bitcoin Cash Register lets merchants choose from over 150 fiat currencies, and scratch out customers wanting to pay in BCH in a non-custodial manner, without any registration. The app is available for iOS and Android devices and has surpassed 10,000 installs on the Google Work hand in glove store.
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Since its launch on June 4, Local.Bitcoin.com has arisen to over 27,000 users and facilitated the trading of more than $300,000 in total volume. The peer-to-peer marketplace concedes users to trade bitcoin cash anonymously and without any KYC. It lets traders choose from a range of payment methods, with the most common being bank transfer at 35%, Paypal 11%, Alipay 12%, Venmo 6%, cash in person 6%, UPI (India) 5%, moolah deposit 5% and gift cards at 5%.
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Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its warm anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Bitcoin.com Markets, another firsthand and free service from Bitcoin.com.
