Top 5 Bitcoin Cash (BCH) Adoption Stories Of The Week

As the decentralized cryptocurrency expands its global footprint, it’s been another big week for Bitcoin Cash (BCH). On February 18, Coinex, an Indian exchange that focuses on the crypto-to-crypto market, announced a partnership with crypto payment platform Uplive to accept BCH alongside BTC payments. The company also noted that it would begin providing zero-fee transactions for Uplive members who use the BCH token to tip streamers. And in other news, Korean Exchange Coinone is opening up an additional four hundred kiosks in Korea so people can purchase and sell the BCH token. And finally, social tipping service Tippr has added support for the live streaming industry by making it easier for streamers and their fans to make transfers in a secure way using blockchain technology.

1-South Korea’s Bitforex Adds Bitcoin Cash to Its Trading Platform.

The South Korean cryptocurrency exchange, Bitforex, has added Bitcoin Cash (BCH) to its platform. The move comes as the exchange continues to expand its offerings. The exchange is currently ranked 26th in daily trading volume and features more than 150 tokens.

Bitforex is one of the few exchanges that support fiat-to-crypto trades. It also provides traders with a wide range of trading pairs, including BCH/BTC, ETH/BTC, and USDT/ETH.

The addition of BCH comes just days after Bitforex announced that it would be delisting several ERC20 tokens due to regulatory concerns regarding their listing on the platform. The company said it would continue to monitor developments in the industry so that it can reevaluate its policies in due course.

Bitforex said: “We have decided to delist certain coins based on our internal risk management policies and recent market trends due to our concern about potential risks associated with them. We will continue monitoring these assets closely to ensure that there are no additional risks associated with them before we consider adding them back onto our exchange in the future.

2- Bitcoin Cash Advocacy Increases in Australia, New Zealand, and the U.K.

• New Zealand

New Zealand has been one of the more active countries in Bitcoin Cash adoption. In addition to the merchant adoption in Wellington, there have also been several stories about businesses accepting BCH in New Zealand. One of the most notable stories is the adoption by the music streaming service Tidal which is owned by Jay-Z and Beyonce.

Australia

The Australian Bitcoin Cash Meetup group continues to grow, with over 1,500 members active on their Telegram channel. The group has seen a lot of activity recently as they have hosted meetups in Melbourne and Sydney and had a booth at the Melbourne Blockchain Centre’s event last week. The group has also announced plans to host a Bitcoin Cash meetup at the upcoming Anarchapulco conference in Acapulco, Mexico.

United Kingdom

There are currently two major merchant adoption stories from the U.K., both relating to London’s Night Cabs taxi firm, which began accepting BCH payments earlier this week. Night Cabs is one of London’s largest taxi companies with over 1,000 drivers across 21 boroughs and serves more than 12 million passengers each year. The company claims that it will be rolling out BCH payments across all.

3-BCH Is Being Used to Empower Disabled Children and Distribute Food in Venezuela

In one of the most humanitarian uses of BCH ever recorded, a group of volunteers has come together to empower disabled children in Venezuela with the help of BCH donations. The initiative was started by a man named John Villar, who is also known as the “Bitcoin Kid.” Villar was inspired by an old video on social media showing a young boy named Juan Arias who had cerebral palsy but wanted to learn how to read and write. The video went viral, and people were donating money towards helping him achieve his goal within days. One person even donated $100,000 worth of BCH, which was used to buy food for those in need, including Juan Arias himself, who had been unable to eat since his mother died last year due to a lack of food in Venezuela.

4-Cryptocurrency News Outlet Launches a Yearly BCH Scholarship Program.

1. Cryptocurrency News Outlet Launches a Yearly BCH Scholarship Program

Cryptonews.com has launched a scholarship program for Bitcoin Cash (BCH) developers and entrepreneurs. The site is looking to fund the BCH community with 10,000 BCH and will give out the funds in quarterly installments over the next three years. According to the announcement, the first installment will be distributed in March 2020.

2. A Major US Bank Begins Accepting Cryptocurrency Payments

American Express has become the latest major financial institution to accept cryptocurrency payments from its customers, following in the footsteps of PayPal and Mastercard. The new payment option is available for all AmEx cardholders using the company’s online shopping portal, where they can now use bitcoin (BTC) or litecoin (LTC) instead of credit cards or cash for purchases at participating merchants.

3. A Leading Crypto Exchange Adds Support for Bitcoin Cash (BCH)

Leading U.S.-based crypto exchange Coinbase announced on Thursday that it has added support for Bitcoin Cash (BCH) deposits and withdrawals in all 32 countries where it operates, as well as support for buying and selling BCH via Visa debit cards globally

5- Over 4,300 New Merchants Join Bitpay’s Bitcoin Cash Payment Network

Over 4,300 New Merchants Join Bitpay’s Bitcoin Cash Payment Network

Bitpay has partnered with Bitcoin.com to bring BCH payments to merchants using its platform. The company announced Thursday that it will be integrating a new tab into its interface called “Bitcoin Cash Payments,” which will allow merchants to accept BCH as a payment method.

The integration was first published on Bitcoin.com by CEO Roger Ver, who said that Bitpay is “excited to announce that we are now accepting Bitcoin Cash (BCH) as a payment option for all merchants on the Bitpay platform.”

Any merchant currently using Bitpay to accept BTC may also accept BCH payments at no additional cost (other than the miner’s fee). And while the company says they do not plan to add full support for BCH wallets or private keys shortly, they do plan on adding support for wallets like Bitpay Wallet, Coinbase Wallet, and Electron Cash in the coming months.

Takeaway: Bitcoin Cash is used for many things, and there are many opportunities for adoption.

Bitcoin cash adoption is growing in many different areas like business and payments. Whether you are a merchant or a customer, there are various ways that you can use Bitcoin cash to make payments or spend money. Here are the top 5 bitcoin cash adoption stories this week.