Bitcoin Cash
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BCH · 213w

Bitcoin Cash is Maturing into a Legitimate Competitor

Bitcoin Cash is Maturing into a Legitimate Competitor 2249 Views

September 13, 2017 by Trevor Hill 3 Comments

Bitcoin Cash continues to gain support among the public as more institutions adopt the crypto for commercial use — with large enterprises, like ViaBTC, helping to build up its infrastructure.

Also read: Don’t Be Fooled by Jamie Dimon’s Latest Bitcoin Slam

ViaBTC Adds Bitcoin Cash Trading Pairs

Earlier today, Bitcoin exchange and mining pool, ViaBTC, announced four new trading pairs on its platform — all denominated in BCC.

These are the BTC/BCC, LTC/BCC, ETH/BCC, and ZEC (Zcash)/BCC trading pairs.

The news is a major win for the fledgling currency as it gives traders a large and trusted outlet to obtain BCC, as well as just giving them more options in general to invest.

It also follows a slew of other announcements relating to the support and growth of the currency, with other firms either adopting the currency for one reason or another as well as third party features being added to the mix.

BCC Getting an Unexpected Amount of Support

Despite the fact that Bitcoin Cash’s price has stagnated between USD $500 and $600 for the last month, it has continually received attention by significant players in the Bitcoin community.

Just two days after the hard fork that created Bitcoin Cash, Coinbase announced it would begin supporting BCC on 1st January 2018, allowing users to take control of their BCC funds from the time of the fork.

This marked one of the first signs of progress and was largely provoked by large withdrawals among their customer base, as people attempted to take advantage of the hard fork to receive what essentially amounted to free money.

Wallets and Mixers

After the Coinbase announcement, the growth has just piled on from there.

Last month, Yours Network announced it was switching from Litecoin to Bitcoin Cash for payments and just a few day...

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