The recent announcement made by one of the renowned virtual ATM Software companies and Over the Counter (OTC) brokerage firms Netcoins actively focuses on Bitcoin Cash (BCH) by consolidating it such that traders can transact BCH immediately. All the BCH supporters from all around the world almost 21,000 places sprawling across various continents like Australia, Europe, Canada where the decentralized currency is now actively traded.
Mark Binns, CEO of Netcoins publicly announced 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.”
Netcoins has been active in the business for over three years based in Vancouver, Canada. It started its journey for mining virtual ATM business in 2015. With the value-added services in place, it profusely said that “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.”
Netcoins offers its services in 21,000 locations for retail businesses in a various continent like Australia, Europe, Canada. Following the announcement, the company pledged the instant access to buy BCH through its OTC Private Brokerage Services in place.
Recently, Bitpay an Atlanta based firm publicized that traders can transact through BCH. With this, they can bifurcate their capital into fiat and BCH significantly. Besides this, Pixel Wallet, an SPV powered by Bitcoin Cash that facilitates users to include BCH transactions to pictures was organized.
On the transaction summary front, Bitcoin Cash users can transact using steganographic way through which Wallet conceals funds in plain sight. Pixel Wallet was organized on the BCH testnet initially in August this year with the first of its applications in place to use.
On the whole, Netcoins seems to be well especially at a time of an extended bear market. In the summer, they officially publicized to execute a transaction in the range of $2 million and above in 24 hours with $5 million collectively.
The blockchain technology when used cautiously, immense benefits can be reaped transparently and fairly!!