Remitano Is the Newest Crypto Organization To Instigate BCH Support
Various Corporations Have already Adopted The Same
Remitano Supports BCH
Remitano, which is a Seychelles based P2P platform based on trading and also a crypto remittance provider was involved in adopting BCH. This is due to the fact that BCH has low fees and also utility. This is according to Remitano.
According to Dung Huynh, Remitano Co-Founder;
“While Bitcoin has been suffering from high transaction fees, Bitcoin Cash offers a far cheaper transaction fee. It can, therefore, be more easily used as daily, P2P electronic cash.”
The corporation is currently in operation in various countries which are; China, Cambodia, Malaysia, Vietnam, US, Nigeria, and Australia. Therefore, it charges 0.5% as the trading fees. According to the current information, the corporation is involved in support of tether, Bitcoin cash, Ethereum, and Bitcoin. The Babylon Solutions Limited owns the organization.
Mr. Huynh added;
“We believe that Bitcoin Cash can foster crypto payment to the next level and are therefore proud to be the first major P2P exchange that offers this to our users.”
The growth of BCH Support
Bitcoin cash has been recently involved in the adoption of the various major corporations which are in the crypto industry.
Earlier, ADS securities which are an Abu Dhabi brokerage was involved in the launch of the BCH CFD contracts in their system. Additionally, the same organizations also announced their adoption of the BCH trading while they launched the CFDs of ripple and Litecoin.
Another example involving the adoption of BCH is the Trezor’s indication of the hardware wallet manufacturer efforts to have BCH new Cashaddr have an emphasis on the format. Trezor’s co-founder was involved in BCH criticism. It’s because they failed to address the various similarities realized in the BTC and BCH formats.
“Cashaddr support is in the standard development process, and it’ll be ready when done.”
Additionally, during March, another organization dealing with messaging, Context was involved in the launch of a service which would then allow users to transact bitcoin just through the message without an internet connection. On the other hand, Schiff Gold also announced that they would start accepting BCH payments through bitpay.