Recently, Netcoins, an over-the-counter (OTC) brokerage and virtual ATM software firm announced to the general public that it was enabling bitcoin cash (BCH) for immediate access purchase. As for BCH fanatics, there is some good news for them with up to 21,000 new locations where the decentralized currency is now available. It is available in countries like Australia, Canada, and Europe. Netcoins has been active for about three years now, and it is from Vancouver, Canada, where it initiated its virtual ATM business back in 2015.
The CEO of Netcoins, Mark Binns disclosed that “Adding BCH brings us to have 6 of the top 7 coins available via Netcoins. With just EOS left among the top 7 coins, we are giving investors a compelling reason to use the Netcoins network for all their crypto needs, whether via OTC or via our strong retail network.”
“Merchants from all over the world can sign up for the Netcoins service and be provided with a platform that allows them to have a Bitcoin ATM without having to buy a machine. The application can work on a smartphone or tablet allowing merchants to offer the sale of Bitcoin without the substantial costs involved with the purchase of a device or the physical space needed within the store.”
As for BCH, it’s just another adoption score, one in a string this year. Netcoins provides up to 21,000 retail locations throughout Canada, Europe, and Australia. In its announcement, the company promised immediate access to purchase BCH through its OTC Private Brokerage Services. A couple of days ago, a page reported how “the Atlanta-based firm Bitpay announced that its merchants can now receive settlement in bitcoin cash (BCH). Not only can Bitpay merchants accept the decentralized digital currency and keep all the bitcoin cash, but they can also split their funds into a fraction of fiat and BCH as well.” This is a notable step for merchants tired of changing out from bitcoin core (BTC) back into BCH after settling.
A week before the announcement, “a new bitcoin cash SPV client available called Pixel Wallet that provides users with the ability to attach BCH transactions to pictures” was published. “Basically, bitcoin cash users can send BCH transactions in a steganographic manner with the wallet hiding funds in plain sight. Pixel Wallet was initially announced and launched on the BCH testnet during the first week of August, and the project’s developers explained the application would be the first of its kind.”