Roger Ver: Bitcoin Cash is the real Bitcoin

The early Bitcoin investor declares that the futute of Bitcoin belongs to Bitcoin Cash
20 November 2017   1485

Roger Ver, the early investor in Bitcoin related startups who has always been a prominent supporter of Bitcoin adoption and saw Bitcoin as a means to promote economic freedom, now started to promote Bitcoin Cash. This was stated in a series of tweets in his official twitter account.

In the interview with Bloomberg Roger Ver explained that he considered Bitcoin Cash to be the future of Bitcoin when it was traded at the price of only $450 each. He claimed that he is a much bigger fan of Bitcoin Cash as BTH became the third biggest cryptocurrency in the entire ecosystem after 5 weeks. He also states that Bitcoin Cash is the most useful currency as it has a limited supply which can be moved much faster and cheaper.

Currently a daily Bitcoin Cash has a trading volume of over half and a circulating supply higher in comparison with Bitcoin. It's price showed crazy fluctuations recently and  the crypto community is beginning to pay closer attention to Bitcoin Cash.

Bitcoin Cash is the real Bitcoin and will have the bigger market cap, trade volume and user base in the future.
 

Roger Ver
Bitcoin investor

At the time of press, the price of Bitcoin Cash is $1195 which is lower than the price it had only two days ago, being traded at $1388on November 18. The market capitalisation of the coin is $20 billion.

Bitcoin cash charts november 2017Bitcoin Cash charts

Bitcoin Cash is also largely supported by a number of trading platforms, wallets and exchanges including Blockchain Wallet, Bitfinex, Bittrex, Poloniex, Trade Satoshi and Bitstamp.

Bankex to launch Custody Service with No Minimum Deposit

Decentralized ‘Bank-as-a-Service’ platform Bankex has reported about the launch of a custodial service for digital assets, no minimum deposit is required
20 June 2018   101

The funds kept in the service are fully covered against natural damage, virtual threats, and human mistakes. Deposits of four cryptocurrencies (Bitcoin, Bitcoin Cash, Ethereum, Litecoin) are accepted. Exchanging for storage, Bankex is to charge a commission of no more than 0.02% of the total volume of cryptocurrencies held. Fees can be paid with their corresponding cryptocurrency. It is also planned to eventually accept BKX, Bankex’s native token.

For making Crypto Custody more user-friendly, Bankex is aimed to implement client  service suggestions with a “human presence.” More specifically, users who are beginners in the crypto space will have access to concierge-style services to acclimate them to basic crypto protocols, but not without paying a percentage-based fee.

The service is set to operate resemble to the way that an offline safety-deposit box works: an agreement between the customer and Custody is made, the currency is deposited, and the user gains a commercially and legally viable depository receipt. Earlier this week, Fundstrat’s Tom Lee claimed Bloomberg that he hopes that a lack of appropriate institutional tools, like custodial services, is holding the cryptocurrency industry back.

While Bankex’s Crypto Custody definitely isn’t the only custodial tool out there, its lack of a minimum deposit might lower the barrier of entry. Smaller companies in turn with limited crypto capital or larger firms who may only store small holdings of cryptocurrency may finally have a service that suits their needs.