Business

Ed Drake

UK exchange IndoEx International latest to onboard Bitcoin SV

Bitcoin SV (BSV) is continuing to gain traction as the cryptocurrency of choice for payments, with more users, exchanges and merchants than ever before supporting BSV. Now, cryptocurrency investors in the U.K. and beyond have access to BSV through another platform, following an announcement this week from crypto exchange IndoEx International.

According to a release published on their website, IndoEx International has introduced trading support for Bitcoin SV for its users, allowing more of them to spend and use the cryptocurrency for the first time.

BSV support will be open to IndoEx users with access to nine markets, and is available across all supported pairs from July 30, following strong demand from customers of the exchange.

According to the website notice announcing the launch of BSV support, IndoEx International said it was “delighted” to onboard the cryptocurrency: “BITCOIN SV is cash for a connected world. It is a fast, private, and secure. With BITCOIN SV, you are your own bank. You can spend safely, knowing that others cannot see your balances or track your activity.”

Bitcoin SV is designed to scale—massively and on chain, built with the technical capacity to handle mass mainstream usage, both for payments and microtransactions.

Low-cost, efficient transactions means BSV is also becoming a preferred platform for app developers, providing a range of transaction-based functionality at minimal cost.

The launch is the latest in a series of exchanges to onboard support for BSV in recent weeks, with more exchanges than ever now enabled for BSV trading. Aside from exchanges like IndoEx, users can also easily get ahold of BSV via the recently launched BuyBSV.com platform.

Powered by Coinify, BuyBSV.com allows customers to create an account and buy €100 worth of BSV. Bitcoin SV is regulation friendly, but BuyBSV users can buy the coin immediately without the hassle of personal identification—but only for amounts that are below the Anti-Money Laundering threshold for Know-Your-Customer legal compliance.

The BuyBSV service is currently available for customers in 35 countries, including Canada, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, Romania, and United Kingdom. More countries are expected to be added soon.

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