Financial and Business News

BitPanda Adds Bitcoin Cash to its Platform

Thursday, 04/01/2018 | 13:58 GMT by Arnab Shome
  • The Austrian brokerage service now offers support for BTC, ETH, LTC, DASH, and BCH.
BitPanda Adds Bitcoin Cash to its Platform
Reuters

'Real Bitcoin ' or not, Bitcoin Cash is getting a lot of attention lately, along with mass adoption. On 3rd January, the Austrian cryptocurrency brokerage platform BitPanda announced the full integration of Bitcoin Cash onto its platform.

BitPanda was offering the trading option with four Cryptocurrencies - Bitcoin, Ethereum, Litecoin, and Dash - and with this recent integration, Bitcoin Cash becomes the fifth listed coin. The platform allows its clients to trade the listed digital coins against multiple options, including the euro and skrill.

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Commenting on the integration of BCH, Bitpanda’s co-founder and CEO Eric Demuth said: “We have launched a full bitcoin cash support including a wallet service — Everything is running smoothly, and we feel ready to announce the 5th fully integrated coin on Bitpanda.”

BitPanda is also extending Bitcoin Cash support to its Austrian post office feature, which will allow clients to exchange Bitcoin Cash for euros in any of the 1700 postal partner locations.

Demuth added: “Consequently, from now on BCH is also available offline at all Austrian post office branches via our Bitpanda To Go service — Due to our cooperation with the Austrian Post, Bitpanda To Go allows our customers to buy five digital currencies from over 400 post offices and almost 1300 postal partners throughout Austria.”

The community behind Bitcoin Cash is pushing very hard to make the coin mainstream. After its debut in August last year, the coin received a mass adoption when the scheduled SegWit2x fork was canceled.

Since then, Roger Ver, vocal advocate of BCH, launched the Bitcoin Cash VISA pre-paid card, and Coinbase, the US’ largest cryptocurrency trading and wallet services platform, listed the coin in mid-December, which gave it a massive boost.

Currently, Bitcoin Cash is the 4th largest coin in the market in terms of market cap, according to coinmarketcap.com. The coin is trading at around $2,450 and holding more than $40 billion in market cap.

'Real Bitcoin ' or not, Bitcoin Cash is getting a lot of attention lately, along with mass adoption. On 3rd January, the Austrian cryptocurrency brokerage platform BitPanda announced the full integration of Bitcoin Cash onto its platform.

BitPanda was offering the trading option with four Cryptocurrencies - Bitcoin, Ethereum, Litecoin, and Dash - and with this recent integration, Bitcoin Cash becomes the fifth listed coin. The platform allows its clients to trade the listed digital coins against multiple options, including the euro and skrill.

Discover credible partners and premium clients at China’s leading finance event!

Commenting on the integration of BCH, Bitpanda’s co-founder and CEO Eric Demuth said: “We have launched a full bitcoin cash support including a wallet service — Everything is running smoothly, and we feel ready to announce the 5th fully integrated coin on Bitpanda.”

BitPanda is also extending Bitcoin Cash support to its Austrian post office feature, which will allow clients to exchange Bitcoin Cash for euros in any of the 1700 postal partner locations.

Demuth added: “Consequently, from now on BCH is also available offline at all Austrian post office branches via our Bitpanda To Go service — Due to our cooperation with the Austrian Post, Bitpanda To Go allows our customers to buy five digital currencies from over 400 post offices and almost 1300 postal partners throughout Austria.”

The community behind Bitcoin Cash is pushing very hard to make the coin mainstream. After its debut in August last year, the coin received a mass adoption when the scheduled SegWit2x fork was canceled.

Since then, Roger Ver, vocal advocate of BCH, launched the Bitcoin Cash VISA pre-paid card, and Coinbase, the US’ largest cryptocurrency trading and wallet services platform, listed the coin in mid-December, which gave it a massive boost.

Currently, Bitcoin Cash is the 4th largest coin in the market in terms of market cap, according to coinmarketcap.com. The coin is trading at around $2,450 and holding more than $40 billion in market cap.

About the Author: Arnab Shome
Arnab Shome
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Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well. His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report. Area of coverage: 1. CFD broker-related news 2. Industry-related Regulatory updates and developments 3. New retail trading trends 4. Prop trading industry updates 5. Executive interviews Education: Bachelor of Technology - National Institute of Technology, Agartala (India)

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