SMART VALOR is proud to present and list on the SMART VALOR Platform one of the leaders in the future of payments, Bitcoin Cash (BCH). Bitcoin Cash brings sound money to the world, fulfilling the promise of Bitcoin as "Peer-to-Peer Electronic Cash". Merchants and buyers are empowered with low fees and fast, reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.
According to a study from McKinsey , the global non-cash payment market will increase by more than 50% in the next 5 years to up to $3 trillion. This will allow the cryptocurrency space to grow immensely. Bringing in mass adoption to cryptocurrencies made with the goal to be a medium of exchange.
Advantages of Bitcoin Cash
Bitcoin Cash has the advantage of having bigger block sizes than Bitcoin. Therefore able to do more transactions at lower costs. Currently its speed of transactions matches the one of PayPal at 100 thousands transactions per second. In that sense, Bitcoin Cash’s objective is to compete with the volume of transactions that PayPal, Visa & Co. can handle. Bitcoin Cash on the SMART VALOR platform will give users access to the future of payments at zero transaction fees.
From investors in BCH you will hear the arguments that Bitcoin Cash has all the benefits of Bitcoin - limited supply of 21 million and proof-of-work consensus mechanism, while being different or better then Bitcoin in regards to the speed and number of transactions (scalability) and lower transaction fees. For the first time this was experienced by users of cryptocurrencies at the end of 2017 as the Bitcoin network became very slow and transaction fees shot up due to the very high number of transactions. Some people expect this to happen again as we head into the phase closer to the next Bitcoin halving event. Closer to this date Bitcoin prices are expected to grow significantly according to the patterns of the last 8 years, which will in turn fill the network with transactions, increase the transaction fee and let again many people switch Bitcoin for Bitcoin Cash once again in order to confirm payment transactions cheap and fast.
To celebrate the listing of BCH, purchases of over $200 of Bitcoin Cash , you receive an extra 5% in crypto*. All onboarded users are welcome to join this reward program, but be fast there are only a limited amount of Bitcoin Cash available!
-------------------------------------------------------------------------------------------* Terms & Conditions - Bitcoin Cash Bonus Campaign
The user will receive a 5% bonus (up to $50) on any purchase of Bitcoin Cash on the SMART VALOR Exchange. The minimum purchase to partake in the bonus is $200. Campaign participation is available until the 11th of September 2019. The bonus will be allocated in an equal split between BCH & VALOR.
How to participate:
- Register on smartvalor.com and complete the onboarding procedures. Registered users are also eligible to participate in this campaign.
- Purchase Bitcoin Cash (BCH) either via Bank Wire, Credit Card or Bitcoin, before the 11th of September 2019 at 00:00 CEST.
- Participants must hold their Bitcoin Cash in their BCH wallet on smartvalor.com until the 20th of September at 12:00 CEST.
- On the 25th of September the Bitcoin Cash bonuses will be deposited to the respective BCH wallets on smartvalor.com. The VALOR bonuses will be allocated as well, and subject to a lock-up of 1 month (25th October 2019).
Bonus calculation:
- ► The total amount of BCH bought on smartvalor.com during the campaign will be taken into account. Only the Bitcoin Cash still held in the users BCH wallet on smartvalor.com will be considered towards the bonus (total applicable amount for bonus). Half of the bonus is in BCH and half in VALOR.
- ► The amount of 2.5% of the total applicable amount for the bonus is provided in BCH up to a maximum of 0.083BCH ($25). The latter split of 2.5% of the total applicable amount for bonus provided in VALOR (1 BCH = 260 VALOR) is limited to a maximum of 20 VALOR ($25).
Additional terms:
- Only users that are eligible to trade on the SMART VALOR Platform can participate.
- Bitcoin Cash deposits will not considered in the calculation for the applicable bonus amounts.
- Exchange rates have been fixed according to the bonus calculation above on August 23rd 2019.
- SMART VALOR has the right to discontinue this campaign at any time.