Earlier today, Lithuania-based CoinGate, a payment gateway for blockchain payments, announced that it has added support for Bitcoin SV (BSV), bringing the altcoin as a payment option to more than 4,500 merchants worldwide.
For traders: enabled multiple methods for both buying and selling BSV on CoinGate
— CoinGate (@CoinGatecom) February 25, 2019
According to the announcement, vendors can now get paid in BSV and choose to either keep it or have the payment settled in other coins. There is also the option to have payment converted directly into euros that are deposited straight into a bank account.
CoinGate also added multiple ways for traders and investors to buy BSV on the platform. “Purchases are available via SEPA or direct bank transfers, mobile credit, Skrill, Neteller, and QQPay. A purchased coin will go directly to the dedicated personal wallet address. Traders can also sell BSV for Euros.”
Bitcoin SV is now up 17.9% on the day to $72.85, bringing the Bitcoin Cash fork to a $1.29 billion market cap and making it the eleventh-largest cryptocurrency.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.