Bitspark Adds Support for Another Six Currencies

Hong Kong-based Bitspark has added another six fiat currencies to its platform: USD, EUR, AUD, NZD, HKD and CNH (Chinese Offshore Yuan).

Combined with its support for Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and multiple altcoins--including litecoin, dogecoin, peercoin, blackcoin, cloakcoin, nubit, cannabiscoin, darkcoin, vericoin, magicoin and viacoin--the platform aims to be "the largest, most well featured and most user friendly crypto-currency platform in the world."

Bitspark says it is currently in limited beta. In January, it launched its low-fee remittance service for Indonesia. The company says that Hong Kong has a large remittance market, and its services could see demand from migrant workers looking to send money back home. It also says to support remittances to the Philippines, where it reportedly has 30 physical locations available for pickup.

In addition to the remittance service, Bitspark also supports a cryptocurrency exchange supporting the above currencies. In the current limited beta mode, the company says you can trade for free.

It also says to offer loans in bitcoin and fiat, as well as merchant services to accept digital currency for Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term.