BTCV – the native coin of Bitcoin Vault – is officially listed on CoinGate, becoming a payment currency for all CoinGate’s services.
CoinGate has secured a tremendous partnership with Bitcoin Vault, integrating its native coin – BTCV!
Bitcoin Vault is the world’s first cryptocurrency to roll out an ecosystem of tools and services allowing users to send secure payments, as well as bypass the safety features and send Fast Secure transactions.
Bitcoin Vault (BTCV) has the 3-Key Security Solution that allows users to reverse transactions within 24 hours (144 blocks). If your local wallet’s security is compromised, you can cancel the fraudulent money transfer and protect your assets. The developers behind Bitcoin Vault are a dedicated team of professionals who strive to create the most secure cryptocurrency on the planet.
This partnership is good news for thousands of CoinGate merchants as they welcome a new wave of potential customers from yet another cutting-edge crypto project.
Also, this will be beneficial for both CoinGate and Bitcoin Vault users as well, as now they can buy and sell BTCV on CoinGate.
Commenting on this partnership, CoinGate’s Chief Operating Officer Justas Paulius stated: “We are always happy to see when people are focused on innovation and push the technological frontier by leveraging current technologies. The team that stands behind Bitcoin Vault is a perfect example, they have taken Bitcoins’ technology and built something uncanny – reversible blockchain transactions. This is an unorthodox functionality for a blockchain based currency, however, BTCV technology offers both immutability and security for each user.
Meanwhile Radek Popiel, Chief Communications Officer of BTCV commented about the partnership with CoinGate:
We have been searching for an ecosystem expansion partner for quite some time, and we finally found a good solution – Coingate – with their big community (nearly 250k registered users) they can help us achieve high liquidity and increased awareness of our project. With the variety of products it’s a perfect solution to expand our ecosystem. The cooperation and implementation process went through without any problems. We were really satisfied by the professionalism of their team.
In a nutshell, Bitcoin Vault’s integration with CoinGate means that:
- BTCV token is now a payment currency by default on all online and brick & mortar stores that employ CoinGate merchant services;
- Merchants that accept BTCV tokens for payments can decide on settlements: either keep BTCV or exchange it to other cryptocurrencies or fiat currency upon receiving payment;
- Merchants can settle other accepted cryptocurrencies to BTCV
- CoinGate users can buy BTCV directly to a wallet by SEPA bank transfer and phone credit.Traders can also sell BTCV on CoinGate directly from a personal wallet using SEPA bank transfer;
- Over 4,000 merchants are utilizing CoinGate payment processing services, thus CoinGate ustomers can spend their BTCV in all sorts of ways, just about anywhere in the world (check out our merchant directory)!
Why should you choose BTCV?
Bitcoin Vault is developed to provide an extra level of security based on a three-private-key security structure. It features all the convenience of Bitcoin while adding important features allowing user transparency and freedom.
Long-term store of value
An ultimate electronic store of value – a better form of gold with the aim of holding one’s life savings with complete peace of mind
Protected from theft
Every secured transaction is alerted on chain for 144 blocks and can be cancelled in an emergency with a recovery key within 24 hours
High security payment with multisig transactions. Example: Treasury department may conduct transactions where a CEO may confirm from a different device
Interested in listing your token on CoinGate?
If you are a developer and see the benefits in Bitcoin Vault’s integration with CoinGate, you might want to consider expanding your token’s use-cases as well. If so, do not hesitate to let us know. All you need to start a conversation about implementing your token to the CoinGate payment gateway is to fill out this form. We will get in touch with you as soon as we review your application!