Two exchanges have announced they are adding support for Bitcoin SV (BSV), offering access to the digital currency to their users for the first time.
Vite Labs and RightBTC both announced they would begin offering trading pairs in BSV this week, at a time of increasing demand for BSV from users and developers alike.
Digital asset management platform RightBTC launched trading in BSV, opening deposits and withdrawals from 8:00 (UTC) on March 18. Users will be able to trade BSV against USDT or BTC respectively.
Deposits and withdrawals will be available when trading opens at 08:00 (UTC) on March 18th, 2020.
Bitcoin SV (BSV) Trading Pairs:
– BSV/BTC pic.twitter.com/D64hQMNdSK
— RightBTC Exchange (@Rightbtc_) March 18, 2020
Japanese exchange Vite Labs took similar steps in onboarding BSV for the first time. The exchange will offer a single trading pair in BSV initially, BSV/USDT. Deposits and withdrawals began at 15:00 HKT on March 18, with the trading pair active from 24 hours later. According to Vite Labs, “BSV/USDT is eligible for MM & Trading as Mining”.
The exchanges become only the latest to offer BSV, at a time when many others are choosing to support Bitcoin SV for the first time.
A direct response to growing demand from users and developers building on BSV, the listings make it easier for digital asset traders worldwide to gain access to BSV trading. As the only blockchain with enterprise scale capacity ready to go now, the need for BSV is only expected to increase in the months and years ahead, as the ecosystem continues to develop.
The decision of the exchanges to back BSV comes as a vote of confidence in Bitcoin, despite slides across global markets in the wake of the coronavirus crisis.
With BSV set to play an increasing role in the technologies of tomorrow, the listings make it easier for investors to back BSV as the world’s new money, while supporting the development of enterprise apps on the BSV blockchain.
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