CoinGate, a well-know Crypto Payment Gateway is assisting traders to accept Bitcoin Cash payment online, with automatic agreement in the trader 's chosen flat currency.Coingate allows an option on buy, sell and accepting cryptocurrencies, has probably helped more than 80000 merchant with payment processing, comprise a point of scale, via their website. Presently, the company has made simpler for merchants to accept Bitcoin Cash BCH for payout in euros and dollars.
Coingate now possess built-in integration for e-commerce application. Hence, traders can instantly connect with the CoinGate payment buttons and separate developer API to offer a better adaptive solution.
Trader can get payment in cryptocurrency without ant requirement of verification. Apart from this bussiness and personal verification is essential for merchant directly converting funds to the dollar or euro.
The company states that"CoinGate makes it easy to receive customer payment in most popular cryptocurrencies, including Bitcoin Cash." Further, it added,"To make it simple for merchant, all received payment are automatically settled to EUR/USD or BTC, depending on your preference."
CoinGate only charges 1% of the processing fee which is absolutely low as compared to flat currency. By accepting Bitcoin Cash,it is expected that CoinGate will be a preferred choice by crypto-first merchant and startups thinking to take payments in bitcoin.
This new initiative will have a great impact on the Bitcoin BCH Ecosystem. After this move, various other payment gateways will also accept bitcoin Cash in the near future.
If you are really concerned about the growth of trader adoption of Bitcoin BCH, join the bComm Association, an industry group which aims to be the center point for miners, merchants, exchanges, developers, and members of the BCH Community.
let us know from u that it will affect the price of bitcoin cash. Please comment below the reason.
Stay Safe in Crypto, have a nice day
