Coinfly to Add Bitcoin Cash, Bitcoin SV & Stellar

Company re-branded its trading platform for individual users - the part that was previously available as “Buy and Sell” will now be called “Mycoinify”
12 February 2019   545

Coinify, the leading European Bitcoin buying and selling platform and payment service provider, added support for three new assets, giving users the opportunity to buy Bitcoin Cash, Bitcoin SV and Stellar via bank transfers and credit cards. This is reported by Bitcoin.com.

BCH, BSV and XLM trading will start on Tuesday, February 12, and as Coinify co-founder and CEO Mark Hoigord said, adding new cryptocurrencies has become part of a broader plan, according to which the company intends to maintain 15 digital assets by the end of the year.

At the same time, the company based in Copenhagen re-branded its trading platform for individual users - the part that was previously available as “Buy and Sell” will now be called “Mycoinify”.

According to company representatives, this rebranding is designed to more clearly distinguish between payment products that Coinify offers companies from B2C-service for individuals.

Pia Skafte Johansen, Director of Payment Solutions, emphasized that Mycoinify will target end-users, offering them a simple and compliant regulator platform for purchasing various virtual currencies.

Coinify has been present on the market since 2014, and besides the possibility of buying cryptocurrencies, it also offers processing services, by the end of 2015 supporting payments in 16 digital currencies. In 2016, Coinify announced the successful completion of a residential real estate transaction for bitcoins in Denmark. The deal is the first of its kind not only in this country, but also in the whole Scandinavian region.

Last year, the company added the possibility of buying via bank transfers and Ethereum cryptocurrency credit cards.

SBI to Delist Bitcoin Cash

It is also worth noting SBI won't delist Bitcoin SV, which will be delisted by Binance and ShapeShift.
17 April 2019   192

The Japanese exchange SBI Virtual Currencies will delist Bitcoin Cash (BCH) in June Cointelegraph reports.

It is noteworthy that SBI won't delist Bitcoin SV, which will be delisted by Binance and ShapeShift.

Among the main reasons for the delisting of the exchange called the decline in market capitalization of Bitcoin Cash. Also, representatives of the marketplace are convinced that BCH has recently become more at risk of an “attack of 51%.”

This material is not part of the rules for the management system of virtual currency related information of Japan Virtual Currency Exchange Business Association.
 

SBI

In addition, AMB Crypto reports that SBI is dissatisfied with the consequences of hard forks, as a result of which the BSV asset appeared, and Bitcoin Cash cryptocurrency itself has lost a significant part of its value in a short time.

Some users of social networks have expressed the opinion that the true reason for delisting Bitcoin Cash lies in the partnership of the management of the exchange with the company nChain, where Craig Wright, who supports Bitcoin SV, works.

Large exchange OKEx decided not to delist Bitcoin SV too. Moreover, until April 19, the launch of the FloatSV cryptocurrency exchange, created in partnership with OKEx, is expected to be launched, the main asset of which will be Bitcoin SV.