It is no longer your ordinary crypto as bitcoin cash takes over more than 900 stores worldwide and now became one of the most used crypto payment.
Sweet Start For Bitcoin Cash
Bitcoin Cash (BCH) has been the cryptocurrency of the latter 2018 and this recent year. From its outstanding reviews from well-known officials in the crypto space to its remarkable status in the market, BCH seems to be a great investment over the years.
However, since BCH was described as the ‘shadow of Bitcoin’, a lot of crypto enthusiasts tend to look the other way around– away from Bitcoin Cash.
But now, things seem to be revolving on the other side as Bitcoin Cash arose from its feet and made its way to online retailers. The great news of its adoption from various stores continues to rearrange its last standing in the crypto market.
Stores Applying Bitcoin Cash As Payment
Ever since the report from Bitcoin Cash Directory called Marco Coino was released, bitcoin cash takes over the limelight in the market.
According to the report, more than 945 retailers use Bitcoin Cash as one of the modes of their payment. Interestingly, this huge number was so different from its October 2018 result which showed a 500 max of stores accepting bitcoin cash– only a month ago.
Furthermore, Europe shared the highest number of stores accepting BCH– with a total of 337 stores continent-wide. Aside from this were continents like America, Australia, and Asia– currently having an estimated 330 stores worldwide.
One of the acclaimed store applying bitcoin cash as one of their payment methods is Jewelry Empire Birks Group– a world-renowned jewelry store.
“ACCEPTING BITCOIN Cash HELPS BIRKS GROUP CATER TO THEIR HIGH-END INTERNATIONAL CLIENTS AND GET NEW CUSTOMERS WHILE PROVIDING AN INNOVATIVE AND SAFE PAYMENT OPTION,” says official from Birks Group.
Price Increased 40 Percent
Although critics expected a great performance from Bitcoin Cash for the past months, it was still shocking news for the market to be informed that Bitcoin Cash had a superb increase of 40 percent from its original price, as of December.
Knowing this, the hype of people claiming to purchase and transact bitcoin cash, either as a personal investment or for business, became a major trend around the world.