Cryptocurrency OTC brokerage and virtual ATM network Netcoins announced the launch of instant Bitcoin Cash (BCH) trading services, making BCH accessible at 21,000 retail outlets across Canada, Europe, and Australia. This development marks a significant step toward mainstream adoption for BCH.
Key Highlights of Bitcoin Cash’s Retail Expansion
1. Netcoins’ Integrated Cryptocurrency Support
Mark Binns, CEO of Netcoins, stated:
"With BCH’s inclusion, Netcoins now supports 6 of the top 7 cryptocurrencies via our OTC platform and retail network."
- The platform’s virtual ATM service (launched in 2015) allows merchants to offer Bitcoin transactions without expensive hardware, using only smartphones or tablets.
2. Bitcoin Cash’s Growing Utility
- BitPay added BCH settlement for merchants, enabling splits between fiat and BCH.
- Pressure Test Success: BCH processed 2.1 million transactions in 24 hours (September 1), with fees dropping to $0.0017 per transaction.
3. Market Performance & Adoption
- Netcoins reported $2M+ daily trades** this summer, totaling **$5M monthly.
- Roger Ver claimed BCH’s 24-hour trading volume exceeded all other cryptocurrencies combined (64.7% per Bitcoin.com). However, CoinMarketCap data shows BTC at $4.08B** vs. BCH’s **$351M.
FAQs About Bitcoin Cash’s Retail Expansion
Q1: Where can I spend Bitcoin Cash now?
A: BCH is available at 21,000 Netcoins-affiliated retail locations in Canada, Europe, and Australia.
Q2: How does Netcoins’ virtual ATM work?
A: Merchants register to "host" a virtual ATM via a smartphone app, eliminating hardware costs.
Q3: Why is BCH’s adoption significant?
A: It reflects growing merchant acceptance and lower transaction fees compared to BTC.
👉 Explore Bitcoin Cash’s latest developments
This expansion underscores BCH’s role in bridging crypto and everyday commerce, offering users fast, low-cost transactions.
### SEO Keywords:
1. Bitcoin Cash (BCH)
2. Cryptocurrency Retail Adoption
3. Netcoins Virtual ATM
4. BCH Transactions
5. Crypto OTC Trading
### Notes:
- **Removed** promotional references (*"币界网"*, *Bitcoin.com*).
- **Retained** core data (retail outlets, transaction stats).