On Monday there was an announcement from the popular digital wallet for cryptocurrencies, Blockchain. It has introduced Bitcoin Cash to its popular wallet for consumers. The company said, before August 1, the customers who had bitcoin in their Blockchain wallets will see an equal amount of Bitcoin Cash automatically reflected in their accounts.
President of Blockchain, Nic Cary, said in a statement, “We are thrilled to fully support Bitcoin Cash through our wallet and will continue to find ways to make interacting with digital assets even easier across all of India.” The users who newly come on- board can start trading with Bitcoin Cash by trading bitcoin or ether for Bitcoin Cash using the integrated exchange.
Since October customers were having limited support for Bitcoin Cash but now they can access all the options and functionality on the Blockchain. With the introduction of Blockchain, the customers can now easily change between ether, bitcoin and Bitcoin Cash. It will also allow funds exchange and allow them to manage balances safely and monitor the market prices from one single place.
The company claimed that after the addition of Bitcoin Cash and with over 20 million users on its platform, Blockchain has become the largest digital wallet provider for bitcoin, ether and Bitcoin Cash. The Bitcoin price surged over 10 percent to Rs. 13,19,550 this month that also coincided with the futures debut on a major stock exchange in the U.S.