Coinify, the Copenhagen-based cryptocurrency exchange and payments provider, has announced the introduction of three new virtual currencies to its buy and sell platform. Users can now purchase bitcoin cash (BCH) plus altcoins XLM and BSV directly with bank transfer or credit card.
Coinify Users Can Now Use Credit Cards to Buy BCH
In a statement released to news.Bitcoin.com on Feb. 11, Coinify co-founder and chief executive officer Mark Højgaard said the newly added coins, which start trading tomorrow, were part of plans to support a total of 15 digital assets on the exchange by the end of this year. Ethereum was added to the platform late last year.
The development, which means that users can buy BCH, XLM, or BSV without having to first purchase BTC, also dovetails with Coinify’s ambitions towards improving crypto-based payments.
The exchange has a keen interest on assets that demonstrate tangible viability as a payment method as well as those “with a strong community to support the coin’s use.” Bitcoin cash provides for one of the most efficient, fastest and cheapest payment options in the financial world, with average fees of half a cent