BTCV – Bitcoin Vault’s native coin – is officially listed on CoinGate and will become a payment currency for all CoinGate services.
Bitcoin safe is the world’s first cryptocurrency to introduce an ecosystem of tools and Services that allow users to send secure payments and bypass the security features, and Send Fast Secure Transactions.
Bitcoin Vault (BTCV) has the 3 key security solution that allows users to undo Transactions within 24 hours (144 blocks). If the security of your local wallet is at risk, You can cancel the fraudulent money transfer and protect your assets. The developers Behind Bitcoin Vault is a dedicated team of professionals who strive to create the best safe cryptocurrency on the planet.
This partnership is good news for thousands of CoinGate merchants as they welcome a new wave of potential customers from yet another cutting-edge crypto project.
This will also be beneficial for CoinGate and Bitcoin Vault users as they can now buy and sell BTCV on CoinGate.
Regarding this partnership, CoinGate Chief Operating Officer Justas Paulius said:
We are always happy when people focus on innovation and push technological boundaries by using current technologies. The team behind Bitcoin Vault is a perfect example, they took the technology from bitcoins and built something sinister – reversible blockchain transactions. This is an unorthodox functionality for a blockchain-based currency, however, BTCV technology offers both immutability and security for any user.
Meanwhile, Radek Popiel, BTCV’s Chief Communications Officer, commented on the partnership with CoinGate:
We have been looking for a partner to expand the ecosystem for a long time and have finally found a good solution – Coingate – with their large community (almost 250,000 registered users) they can help us to achieve high liquidity and a higher level of awareness of our project. With the variety of products, it’s a perfect solution to expand our ecosystem. The cooperation and implementation process went without any problems. We were very pleased with the professionalism of their team.
In a nutshell, integrating Bitcoin Vault with CoinGate means:
- BTCV token is now a standard payment currency in all online and brick-and-mortar stores that use CoinGate merchant services;
- Merchants who accept BTCV tokens for payments can decide about billing: either keep BTCV or exchange it for other cryptocurrencies or fiat currency after receipt of payment;
- Traders can settle other accepted cryptocurrencies to BTCV;
- CoinGate users can buy BTCV directly to a wallet via SEPA bank transfer and phone credit. Traders can also sell BTCV on CoinGate directly from a personal wallet via SEPA bank transfer;
- Over 5,000 merchants use CoinGate’s payment processing services, so CoinGate customers can spend their BTCV in all possible ways, almost anywhere in the world
CoinGate is a Lithuanian fintech company founded in 2014 that mainly develops payment solutions for companies that want to integrate Bitcoin & other cryptocurrencies as payment methods at the checkout.
Over the course of seven years, the billing system has already processed more than 1 million orders using various tools: e-commerce plugins, flexible API, email billing and more, all of which offer the same possibility of getting paid in crypto and when If you choose this, you will receive fiat withdrawals into a bank account.
In addition to payment processing, CoinGate offers additional services such as brokerage trading and a large inventory of gift cards that are sold for crypto.
Disclaimer: This is a paid post and should not be treated as news / advice.