GDAX Resumes Bitcoin Cash Trading

GDAX cryptoexchange announced resuming BTC-BCH trading from january 17 after temporary suspension
15 January 2018   600

On December 19, GDAX cryptocurrency exchange announced adding BCH–BTC, BCH–USD, BCH–EUR trading pairs to the paltform. But in the end of December the tradig was temporarily disabled.

At the moment of press, these are main market parameters of Bitcoin Cash:

  • Average price: $2 486,65
  • Marketcap: $42 055 965 455
  • 24h volume: $992 416 000

Athena Bitcoin adds Bitcoin Cash to its ATMs

Athena Bitcoin adds support for Bitcoin Cash to their machines
19 February 2018   66

Rising interest in Bitcoin Cash has made a big impact on cryptocurrency market and service providers alike. The rising exchange rates and more widespread support on exchange platforms contributes to the fact. And this can;t be ignored by companies involved in Bitcoin ATM business. They wouldn't want to be left on the side in such a quick-rising market. So Athena Bitcoin took a logical step and added support for Bitcoin Cash to their ATMs.

In the case of Athena Bitcoin, it's an interesting step because of many reasons. The don't plan to drop Bitcoin anytime soon, so it's just an expansion of bases, rather than a complete turnover. Also added support will be interesting to statistics, because Athena's widespread coverage in several US states will allow to see, whether or not BCH is more popular than BTC in some states.

Bitcoin Cash support will also allow for BCH to fiat conversion with two-way machines available in Athena's network. Added competition doesn't thrill Bitcoin Core community, but BCH enthusiasts are quite happy with this situation.

So far Athena Bitcoin is one of the first providers to give such opportunity to the masses, so it would be interesting to see if other ATM networks will follow the example. Decisions like that are always more than a little controversial so we'll have to wait and see if it pays off.