Voltaire.cash Launches Exchange Supporting BCH
Very few exchanges offer bitcoin cash trading pairs allowing for traders to trade BCH with various digital assets. Currently, BCH users can access trading platforms like Coinex and Panda Exchange for bitcoin cash trading markets.
To address the limited options, Semyon Germanovich and his development team from Shoreditch, London are launching an exchange called Voltaire.cash, which will provide BCH denominated pairs. The platform’s team has stated that security and transparency will be key focuses. And the exchange also notes that it has hired consultants from a large firm. Germanovich explained to news.Bitcoin.com,
“We believe these currencies are attractive both commercially and fundamentally. There is a lot of overlap between the communities of ETC, DOGE, and BCH: productivity, collaboration, and innovation.”
Germanovich and his team support BCH and have stated that they promise to devote both time and resources to the crypto community. Their goal is to promote bitcoin cash adoption with BCH network fees at less than a third of a penny. According to them it is the perfect trading pair.
“Our team is united by a shared vision to see mass adoption of cryptocurrency – we’re behind Bitcoin Cash because we appreciate both it’s technical, economic, and social advantages over other cryptocurrencies. There aren’t many exchanges supporting Bitcoin Cash. It’s a real shame because Bitcoin Cash scales using an efficient and powerful method. We see it as the best technology to deliver daily peer-to-peer electronic cash payments for billions worldwide.”
He further added:
“Perhaps for us, the most attractive value of Bitcoin cash is its community. Bitcoin Cash is a movement driven by its participants – merchants, miners, developers, and capitalists engaging each other, disagreeing, agreeing, building products and services. As a founder, it makes me proud to be involved and feel like its Bitcoin in 2013.”
In addition, Germanovich has stated that he and another developer have produced a prototype of Volatire’s trading engine to prove to investors that they could develop the exchange. In November 2017, they moved onto the development project and began working at Voltaire in March.
As Germanovich stated “There’s ten of us now, but I think the sheer amount of work we’ve done and the product we’ve managed to build is a story itself.” And that:
The number of exchanges supporting Bitcoin Cash base pairs is in the single digits. I think supporting Bitcoin Cash as a base exchange pair is a great way to drive adoption in the cryptocurrency – not only are we creating liquidity in raising awareness of Bitcoin Cash, we’re also giving away a percentage of our exchange profits to fund community projects that drive adoption by building utility. . . I think it’s only a matter of time until we see a big exchange like Binance of Bitfinex implementing Bitcoin Cash pairs for the very reason that it will soon be expensive and slow to use Bitcoin and other cryptocurrencies as a base exchange pair – People are starting to realize that this is a proven and efficient way to scale Bitcoin.