Bitstamp Launches Bitcoin Cash in December, Signs New Payment Processor

One of the older cryptocurrency exchanges, Luxembourg-regulated Bitstamp, has decided to start offering 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 Cash to its clients. The move is triggered by the growing popularity of the currency in the aftermath of the SegWit2x cancellation.

A number of pundits in the crypto space have been voicing their opinion that Bitcoin Cash closer adheres to the core principles that were behind the creation of Bitcoin.

Currently, Bitstamp is offering trading in Bitcoin, Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term, Ripple and Litecoin. The exchange announced in September that it will distribute existing Bitcoin Cash balances to clients and will add trading in BCH/BTC, BCH/USD and BCH/EUR.

“Bitstamp takes a prudent approach and puts the interests of its customers first when evaluating whether a cryptocurrency is appropriate for trading – and has decided that BCH meets that benchmark,” a company representative commented to Finance Magnates.

The largest crypto exchange by volume in the EU also announced a partnership with independent payment processor Masterpayment. The firm will be Bitstamp’s new partner for credit card processing and acquiring of cryptocurrency purchases. As a direct result of the deal, VISA and MasterCard transaction fees will decrease from 8 percent to 5 percent.

“The demand of users for flexible payment methods is increasing and we look forward to being able to provide that,” said the Managing Director of Masterpayment, Christian Mangold.

The partnership supports standard security procedures such as 3D Secure, as well as special fraud-prevention mechanisms between the payment gateway and Bitstamp.