Local BCH Venue Opens and Community Goal Nears in the Weekly Update From Bitcoincom


A new local bitcoin cash venue opens for trading worldwide

and the community is nearing a funding goal milestone for BCH developers. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel.

Local BCH Venue Opens as Localbitcoins Removes In-Person Cash Trades

This week’s show discuses the successful opening of Local.Bitcoin.com, a privacy-focused peer to peer global marketplace for trading bitcoin cash (BCH). Over 11,000 people have signed up to the service and already created more than 3,000 offers since the platform’s official June 4 launch date. The launch couldn’t come at a better time for many cryptocurrency traders who prefer to transact in-person for cash as Localbitcoins just removed that option a few days ago. The weekly update also covers how the bitcoin cash community is advancing in its efforts to support developers with a fundraiser whose contributions are donated to Bitcoin ABC, Bitcoin Unlimited, BCHD, and Bcash. The campaign is closing in on the 15% milestone out of an initial goal of raising 800 BCH by Aug. 1, 2019.

Other developments in the bitcoin cash ecosystem mentioned include the non-custodial Badger Wallet being made available for iOS mobile devices, a recently released browser extension that enhances bitcoin cash addresses for easy tipping, decentralized social network system Memo adding support for creating SLP tokens, and Monarch Wallet adding SLP support for users on both iOS and Android devices. Additionally covered in the weekly update is how Anypay and Cointext have partnered to make remittance transfers cheaper and faster for cross-border payments using bitcoin cash.

Article Produced By
Avi Mizrahi

Avi Mizrahi is an economist and entrepreneur who has been covering Bitcoin as a journalist since 2013. He has spoken about the promise of cryptocurrency and blockchain technology at numerous financial conferences around the world, from London to Hong-Kong.


Related articles

TD Ameritrade-Backed Crypto Exchange ErisX to Launch Bitcoin Futures

TD Ameritrade-Backed Crypto Exchange ErisX to Launch Bitcoin Futures If you’ve been following the cryptocurrency news cycle at all over the past year, you’ve likely heard the name “Bakkt” tossed about.Bakkt, for those unaware, is a Bitcoin and cryptocurrency exchange and financial services platform backed by Microsoft, Fidelity, and the owner of the New York […]

Learn More

Crypto Payment Startup HUPAYX to tap into Four Hundred Thousand Stores in S Korea

            Crypto Payment Startup HUPAYX to tap into      Four Hundred Thousand Stores in S. Korea                                  The South Korean based payment platform HUPAYX Bitcoin Press Release: The South Korean based payment platform HUPAYX specializing in real-time crypto payments is gaining […]

Learn More

Binance Was the Only Platform to See Derivatives Grow in April CryptoCompare Reveals

Binance Was the Only Platform to See Derivatives Grow in April, CryptoCompare Reveals  Popular cryptocurrency exchange Binance was the only trading platform in the space to see its derivatives trading volumes grow last month, to a total of $108 billion. Binance’s derivatives trading volumes, according to CryptoCompare’s April 2020 Exchange Review, increased a total of […]

Learn More

Leave a Reply

Your email address will not be published. Required fields are marked *