Business 23 August 2018Erik Gibbs
JustForex brokerage adds Bitcoin Cash as payment option
The JustForex brokerage firm has made a wise decision. It has listened to its customers and followed market trends and has decided to start accepting payments through Bitcoin Cash (BCH). As an additional bonus, deposits made using the popular cryptocurrency will not incur any fees by the company.
JustForex began accepting BCH this month. It determined that the digital currency has proven to be a serious and legitimate digital currency and a viable solution in the financial markets. The company pointed out that, as cryptocurrency transactions continue to grow, the timing was right to introduce the payment alternative. Additionally, due to the extremely low transaction fees —typically less than 1%—and rapid network, BCH is an ideal alternative to both bank transfers and payments made with credit cards.
While the cryptocurrency markets, overall, have been extremely volatile this year, digital currency is still gaining favor and continues to be adopted by more and more users and investors. BCH is the ideal cryptocurrency, given its strong infrastructure, continued innovation and design as a true digital-based retail currency.
JustForex may not have the reach that some firms do, but it is still a solid firm with a strong reputation in the finance world. It is headquartered in St. Vincent and the Grenadines, where it is licensed through the country’s Financial Services Agency, and also maintains an office in Belize under the guidance of the International Financial Services Commission. The company currently services clients in over 60 countries around the world.
For the platform’s customers in Vietnam and Thailand, there is additional good news. JustForex will now be able to allow residents of both countries to make deposits and withdrawals through local banks. The transactions are instantaneous and no commissions are charged through the company’s web platform.
BCH continues to make strides among all digital currencies. A few days ago, Crypto Facilities, a futures exchange located in the UK and regulated by the Financial Conduct Authority, began offering BCH/USD futures. The move was seen by the company as a way to spur more adoption by “bringing greater liquidity and transparency to the digital asset class.”
Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.
Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.
Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.
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