Wirex will support Bitcoin Cash

Wirex banking platform announced its support for Bitcoin Cash cryptocurrency
20 November 2017   950

Wirex, a cloud-based headquartered in London personal banking platform that offers Bitcoin debit cards, remittances, and mobile banking, made an announcement on November 18 stating that it will support Bitcoin Cash. The same was described in the official twitter account of the currency itself.

As it was stated in the announcement, the development team has invested significant time in understanding technical implications and now they were given the green light in the development of the Bitcoin Cash Wallet.

Our top priority is the security of our customers’ funds, so we needed to ensure we could support this safely and securely on our network before saying anything.

Wirex Team

The users who had Bitcoin in their Wirex wallet during the Bitcoin Cash fork are claimed to receive the equivalent amount of Bitcoin Cash which will be credited into Bitcoin Cash Wallet once it will be released. The release of the wallet will follow the Dash Wallet integration which was also announced in the beginning of October 2017.

Currently Wirex allows users to link Bitcoin Wallets to Visa and MasterCard debit cards in up to three fiat denominations.

At the time of press Bitcoin Cash has a price of $1198, market capitalisation of $20 billion and 24h Volume of $1,3 billion.

Athena Bitcoin adds Bitcoin Cash to its ATMs

Athena Bitcoin adds support for Bitcoin Cash to their machines
19 February 2018   80

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.