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Netcoins, an over-the-counter (OTC) brokerage and virtual ATM software company, announced this week it was enabling bitcoin cash (BCH) for immediate access purchase. For BCH enthusiasts, that’s 21,000 locations, covering Canada, Europe, and Australia where the decentralized currency is now available.
21,000 New Locations to Buy Bitcoin Cash
“Adding BCH brings us to having 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,” announced Netcoins CEO Mark Binns.
Netcoins has been around for three years, and is from Vancouver, Canada, where it initiated its virtual ATM business in 2015. “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,” we profiled previously.
For BCH, it’s another adoption score, one in a string this year. Netcoins services 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.
Adoption Milestones Keep Coming for BCH
Just days ago, these pages 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,” a significant step for merchants tired of changing out from bitcoin core (BTC) back into BCH after settling.
And a week prior to the above, “a new bitcoin cash SPV client available called Pixel Wallet that provides users with the ability to attach BCH transactions to pictures” was released. “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.”
Netcoins appears to be doing well during an extended bear market. They announced this summer pushing through more than $ 2 million worth of transactions in a 24-hour period, capping a vibrant month for the outfit of over $ 5 million in transactions total.
Are OTC virtual ATMs good for the ecosystem? Share your thoughts in the comments section below!
Images courtesy of Shutterstock.
At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.
The post 21,000 New Locations Across Canada, Europe, Australia to Purchase Bitcoin Cash appeared first on Bitcoin News.
Seven Argosy University and Art Institute locations in California to cease operations, lay off hundreds of employeesAugust 1, 2018 | dailybusinessnews
Seven Argosy University and Art Institute campuses across California will cease enrollment and operations, resulting in at least 700 employee layoffs.
Parent organization Dream Center Education Holdings LLC said in a statement Tuesday that it would be “discontinuing campus-based programs” at Argosy…
Verizon Communications will end a location-sharing program after it found at least one company revealed its subscribers’ whereabouts without their consent.
WSJ.com: US Business
President Donald Trump told reporters on Tuesday that five locations are being considered for his widely anticipated meeting with North Korean leader Kim Jong Un.
CNN.com – RSS Channel – World
Amazon might buy some Toys R Us stores—but if you’ve been waxing nostalgic and bemoaning the impending death of the iconic toy chain , don’t get excited. Amazon isn’t looking to continue the Toys R Us brand, it’s just interested in the vacant retail space, sources tell Bloomberg . If the…
Online map of fitness device wearers appears to reveal locations of U.S. military personnel, report saysJanuary 29, 2018 | dailybusinessnews
An interactive map found online can show the locations and activities of people who use fitness devices such as Fitbit, raising security concerns about soldiers and other people who are at U.S. military bases in sensitive areas.
The Global Heat Map, published by the GPS tracking company Strava,…
Federal agents on Thursday searched three Caterpillar facilities near the Illinois headquarters of the company, which has disclosed receiving federal subpoenas seeking information related to movements of cash between the company’s U.S. and foreign subsidiaries.
WSJ.com: US Business
McDonald’s is currently fighting for its right to serve Big Macs near two Italian landmarks, but the Telegraph reports that 10 countries have already won their burger battle against Mickey D’s. A sampling:
The creators of “Pokemon Go” say they’re working to remove real-world locations that don’t wish to be included in the mobile gaming sensation.
The Pokemon Company’s consumer marketing director J.C. Smith said in an interview this week that they’re updating the augmented-reality game so it remains…
Verizon’s Stealth Plan for ‘Shutting Off the Copper’ in New York City and Locations in New Jersey, Massachusetts and Pennsylvania has Started.June 22, 2014 | dailybusinessnews
AT&T’s “IP Transition” Plan — Shut Off 60% of Working Lines in the Alabama ‘Test’ and Force-Feed Wireless Service
Part V in the series based on the new report “It’s All Interconnected”.