Evolve Markets

Coinify adds BCH, BSV and XLM on rebranded exchange service

Coinify adds BCH, BSV and XLM on rebranded exchange service

Coinify, a blockchain payment, and cryptocurrency service company today announced the support of three new coins on their buy/sell platform, as well as introduced an overall rebranding of its trade service for private individuals.

Following our support of Ether (ETH) in 2018, Coinify’s individual buy/sell platform will now also support Bitcoin Cash (BCH), Stellar lumens (XLM), and Bitcoin SV (BSV). Users can purchase these coins directly with bank transfers or credit cards.

“We are continually developing our services to support access to virtual currencies while taking an agnostic stance on the ecosystem. The real differentiator of Coinify is that we are not only offering low-cost bank transfers for buying these currencies, but users also have the option of instant purchases using all major payment cards. There just aren’t that many platforms out there that offer users direct card purchases of other virtual currencies, apart from bitcoin.”

Co-founder and CEO of Coinify, Mark Højgaard

Coinify also announced they are officially renaming their individual trading platform, formerly known as Buy and Sell, to myCoinify.

The rebranding comes as part of the extension of the firm’s payment offerings. Coinify opened up its Payment Product Suite for businesses and with the move makes a clear distinction between the payment products that are B2B focused, and myCoinify, which is a B2C service for private individuals.

“By providing a clear separation between the platform for individual users and our payment product collection, we can serve our users in the best way possible and resolve their needs more effectively.”

Pia Skafte Johansen, Head of Payment Solutions at Coinify

myCoinify will only focus on end users by providing them with a simple and compliant platform to buy multiple virtual currencies. The service is wallet agnostic and users can, therefore, store their virtual currencies the wallet of their choice.

The addition of these new coins are only the beginning of myCoinify’s services: The team is planning to support a total of 15 different virtual currencies on the platform by the end of 2019. The provision of these new coins will also be available for Coinify’s wallet partners via their inWallet payment solution.

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