latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Bitcoin Cash Vietnam-Based Fiat-to-Crypto Trading Support Added to Bvnex Exchange

Bitcoin Cash Vietnam-Based Fiat-to-Crypto Trading Support Added to Bvnex Exchange
This week the trading platform Bvnex Exchange announced the support of bitcoin cash on the Vietnam-based fiat-crypto trading platform. The support gives the Vietnamese market and other regions in Asia, the ability to trade bitcoin cash for VNDT- Vietnam dong.
On June 2, 2020, the crypto exchange Bvnex listed bitcoin cash on the cryptocurrency trading platform with the VNDT- Vietnam dong. The move brings the peer-to-peer cryptocurrency BCH to the Vietnamese market and surrounding areas in Asia.
The official launch of VNDT with a myriad of other digital assets hosted on Bvnex took place last September. Adding bitcoin cash support gives Bvnex patrons a chance to trade against bitcoin cash ( BCH ), and buy and sell the fifth-largest cryptocurrency by market capitalization.
According to public trade data , Bvnex has roughly $55 million USD in crypto-to fiat trade volume. Bvnex also offers trades in stablecoin trading pairs as well like tether USDT . With bitcoin cash added there are now over 30 trading pairs with the core Vietnam fiat.

The company claims there are +150,000 Chinese users leveraging the exchange and +20,000 Vietnamese users to date. Adding bitcoin cash support gives users the ability to leverage a lighting fast digital asset with extremely affordable transaction fees.
“With a step by step preamble to introduce BCH to the Vietnamese Crypto Community, Bvnex already had an exclusive interview with ‘Bitcoin Jesus’ Roger Ver about ‘The potential of the Vietnamese market and the way BCH can be adopted as digital cash,’” explains the Bvnex announcement on Tuesday. “As a result, a written interview article will be distributed widely in the Vietnamese Crypto Community, this step will help bitcoin cash ( BCH ) gain significant attention from this emerging market in Asia.”
The Vietnamese crypto-asset market has been thriving for years, but the powers that be haven’t created clear regulations for cryptocurrency yet. Although, the “Vietnam government still embraces technology innovations and the blockchain field,” the Bvnex team stresses.

In 2019, Vietnam’s Ministry of Justice (MOJ) invoked a conference that spurred the regulation conversation concerning crypto assets. Bvnex CEO Trang Phung has worked as an adviser for legal seminars and discussions.
According to the Bvnex team, Trang Phung and many other blockchain movers and shakers, have been asking for a ‘ sandbox ’ for the technology. Something the Vietnam market can model from many other countries in Southeast Asia already leveraging digital assets.
Phung and Bvnex have also explained to that “Vietnamese traders are one of the most dynamic and emerging in the crypto-verse.”
“Traffic from Vietnam is usually in the top five of many major exchanges such as Binance, Huobi, and MXC,” the Bvnex team details. “The young population structure and a high percentage of smartphone users lead to widespread adoption in Vietnam.”
What do you think about the BCH /VNDT listing announcement on Bvnex? Let us know in the comments below.

The post Bitcoin Cash Vietnam-Based Fiat-to-Crypto Trading Support Added to Bvnex Exchange appeared first on Bitcoin News . shares this Contents always with License.

Thank you for Share!



Search about Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


Today Most Popular News

Buy Bitcoin online in ANY country, supporting 80+ Payment methods!