It is marked there is more to cryptocurrency than just Bitcoin. Even companies such as BitPay recognize things are varying quickly in this ecological unit. The company newly announced support for Bitcoin Cash as an extra currency. This update has been established with great interest by the BCH realistic.
Though, this support doesn’t extend to businesses and payment handling. BitPay has also allowed BCH as a funding technique for their native Visa debit card. This alteration went into effect as of this week. It is an interesting change which catches a lot of people by surprise as of right now. Owners of the card don’t need to do anything special, as this new option shows up routinely.
The overview of Bitcoin Cash support for the Visa card happens side-by-side with Bitcoin additions. Giving customers additional choices is always a great idea in this respect. These two options work in very similar ways, while there is one big difference between the two. Bitcoin top-ups or be subject to a 1.9% system fee. Using BCH, on the other hand, is totally free of charge.
It is an alteration few people had ever projected to see. With its minor transaction fees, it is only usual BitPay needs to make these services as cheap as possible. Nowadays, they appear to lean in the direction of BCH in this regard, rather than Bitcoin. It is impossible to tell if this BCH top-up option will continue free. That will mostly hinge on how the BCH network fees progress in the coming weeks and months.
Whether or not there will be a lot of notice in this feature, remains to be seen. Users can relate both deposit options side-by-side when making a business. This should make it casual to control which options work best at that given time. There are different exchange rates and validation times to take into account at all times, though.
In the finish, this is optimistic news for Bitcoin Cash groups Whether or not Bitcoin users will be glad about this change, remains to be determined, yet. This continuing spat between BTC and BCH has been going on for fairly some time currently.