Bitcoin SV Surges By Double Digits As They Receive Support From CoinGate For BSV Coin Listing
Bitcoin SV Surges By Double Digits As They Recieve Support From CoinGate
Even though most of the crypto market is in the middle of a recent renewed bearish market, Bitcoin SV (BSV) is not following the same route as they are up 10.26% in the past 24 hours. A lot of the recent uprise in the price can be attributed to CoinGate’s support for BSV.
For traders: enabled multiple methods for both buying and selling BSV on CoinGate
— CoinGate (@CoinGatecom) February 25, 2019
Their official announcement says:
“When our vendors get paid in BSV, they can choose to keep it, and even settle all other coins to BSV. It goes vice versa – merchants also have an option to settle it to our other natively integrated cryptocurrencies (Bitcoin, Litecoin, Ethereum, etc.), as well as to Euros straight to the bank account. Additionally, we added multiple options for the traders to buy BSV using our platform. Purchases are available via SEPA or direct bank transfers, mobile credit, Skrill, Neteller, and QQPay. A purchased coin will go directly to the dedicated personal wallet address. Traders can also sell BSV for Euros.”
The main focus of BSV development is to push the boundaries of much bigger blocks and higher transaction volumes that would suit the enterprise needs, enabling them to build various applications on the presumably infinitely scalable blockchain. The Bitcoin SV vision is to provide assured stability with only a limited and well-known set of changes planned to restore the Bitcoin protocol to its original design and enable innovation to occur on top of a stable base protocol.
CoinGate is a payment gateway for blockchain payments. Having started off in 2014, they have made it their mission to grow the adoption of cryptocurrencies on a global scale. With this in mind, CoinGate provides a reliable payments infrastructure that caters for the needs of both merchants and their customers: accessible, convenient and customer oriented. To bridge the gap between cryptocurrency owners, who are looking for ways to use their coins for purchasing goods and services, and merchants, that can easily utilize the benefits of blockchain to grow their businesses.