Business 20 February 2019Jasmine Solana
Voltaire launches BSV trading amid ‘huge’ user demand
Effective February 19, customers can start depositing, trading and withdrawing BSV on Voltaire’s trading platform. Voltaire offers no trading fees, free withdrawals, and all deposits clear within one confirmation, founder Semyon Germanovich confirmed to CoinGeek.
Ever since it launched in September, Voltaire has been firm in its belief of Satoshi’s original vision of a “peer-to-peer electronic cash.” But because it adheres to the Nakamoto Consensus to support the longest proof of work, Voltaire gave the Bitcoin Cash ticker to the ABC team, which took an early lead during the November hard fork due to a burst of rented hash power. This resulted in Voltaire becoming a Bitcoin Core (BTC) to BCHABC exchange exclusively.
Now Voltaire is heralding a new era, and it’s all thanks to the “huge demand from users.”
Voltaire customers holding BCH at the time of the November hard fork will receive a BSV equivalent of their coins, according to the exchange. In addition, users can withdraw BSV to their HandCash handle—a feature that Voltaire hopes to expand soon “to allow deposits via HandCash in collaboration with the HandCash team.”
“The release of our BSV/BCH market marks the beginning of a new era for Voltaire,” Germanovich said in a statement. “We’re offering a wider set of products and liquidity targeted at veteran cryptocurrency proponents interested in the benefits offered by blockchains choosing to scale on-chain.”
The Voltaire founder acknowledged BSV network’s dedication to restore the original Bitcoin protocol and keep it stable all while allowing it to massively scale and keep security paramount to support safe instant transactions for merchants, saying the blockchain offers “significantly lower transaction fees and faster transaction processing times, as well as maintaining the required infrastructure for 0-confirmation deposits and hence faster trading, something at the core of our product focus.”
Adding BSV lays the groundwork for new features and enhanced trading experience on the Voltaire platform. The exchange is scheduled to launch a referral scheme and the Voltaire Cashback program in the second quarter of 2019. There are also plans to add Ethereum (ETH) and Litecoin (LTC) trading pairs in the future.
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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