Coinify & Bcash partner to give EU users instant access to bitcoin
Blockchain payment and cryptocurrency trading provider Coinify has partnered with Bcash Greece, a Greek payment provider to allow European bitcoin users to fund debit or credit cards. Bcash users will also soon be able to buy bitcoins directly via bank transfer, the company said. In Greece, bitcoin has been pushed into the mainstream by the introduction of capital controls, explained Coinify CEO Mark Højgaard.

Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term payment and cryptocurrency trading service provider Coinify has announced a deal that will allow European Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term users to fund their wallets with credit or debit cards almost instantaneously.

The developer has signed a strategic partnership agreement with Bcash Greece - a Greek company that was created in 2015 and installed the first two-way Bitcoin ATM machine in the heart of Athens, Greece.

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Bcash Director Pavlos Tsolaridis

Bcash Director Pavlos Tsolaridis said: “Our company has been involved in a very friendly but at the same time competitive and fragile industry and we are glad that we found an ally in Coinify. As a team, Bcash Greece Inc. believes this can be the start of something revolutionary and at last Bitcoin can be embraced and used by a larger group of people. I believe that simplicity is the key to everything and Coinify just made it happen.”

The companies explain that bitcoin buyers just need to follow a simple authentication procedure during the first card purchase, which will enable nearly instantaneous top ups in the subsequent card orders. They will soon also be able to make use of another option to buy bitcoins - directly via bank transfer.

Mark Højgaard, CEO, Coinify

Coinify CEO and co-founder Mark Højgaard added: “Since the introduction of capital controls in Greece, the demand for bitcoin has been growing steadily, pushing this decentralised blockchain-based currency more towards the mainstream. We trust that the partnership with Bcash will help making bitcoin acquisition faster, easier and ultimately more convenient not only for the Greek, but also other european Bcash users.”