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Here Are Four Bitcoin Cash Payment Processors Worth Checking Out

No one can deny that Bitcoin Cash has become very popular very quickly. Although it remains to be seen if it will overtake Bitcoin, there are a few service providers which think that will happen. Moreover, merchants and retailers can now accept BCH payments with relative ease and at an affordable rate. Below are some of the service providers which offer such functionality as of right now. Always do your own research before signing up with any of these companies, though.

Coinify

Most people will have heard the name Coinify before, but for those who haven’t, allow us to explain. The company specializes in providing merchant services related to various cryptocurrencies. Although the company initially supported Bitcoin, it quickly saw the need for other currencies as well. Over time, it added the likes of Dogecoin, NovaCoin, and most recently, Bitcoin Cash. Additionally, the company offers a Bitcoin trading platform. Coinify charges no fee to accept BCH payments, although there is a small fee for converting to specific fiat payment methods.

GoURL

In the world of cryptocurrency, GoURL has almost become a household name. Although it is not on the same level as some other companies on this list, it does offer some valuable services. The company positions itself as a cryptocurrency payment gateway, mainly for online commerce and file sharing purposes. It is the Bitcoin payment box option which will appeal to retailers looking to accept BCH payments.

More specifically, there are no monthly fees, and transaction fees start at zero. Moreover, users can easily accept Bitcoin and other altcoin payments on their websites. Integrating this service is relatively easy and requires just a few lines of code. It is a welcome addition to the list of service providers which have embraced Bitcoin Cash support in recent months. It’s always good to have multiple options at one’s disposal.

CoinPayments

When it comes to accepting cryptocurrency payments on any website, it’s hard to ignore the service provided by CoinPayments. This particular company made a name for itself by accepting over 100 different currencies as payment. Bitcoin Cash is, of course, one of the currencies supported right now. This makes this platform one of the preferred solutions for any merchant or retailer looking to venture into the world of cryptocurrency right now. All incoming payments are subject to a 0.5% fee, which is more than acceptable.

Rocketr

It seems few people have heard about the services provided by Rocketr, even though the company provides a more than valuable service to the masses right now. Especially when it comes to accepting cryptocurrency payments, Rocketr is quickly making headway. It offers multiple payment options which encompass everything from cryptocurrencies to fiat currencies and even credit cards through Stripe. It is a complete solution for anyone accepting payments online, and it’s good to see them accept Bitcoin Cash as well. There is so much more to cryptocurrency than just Bitcoin these days.

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Bitcoin Cash Price Weekly Analysis: BCH/USD Extending Losses

Key Points Bitcoin cash price broke many supports and traded below $800 against the US Dollar. There is a crucial bearish trend line in place with resistance near $820 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair is likely to continue its decline as long as it is below $850 and $900 resistance levels. Bitcoin cash price declined heavily below $900 against the US Dollar. BCH/USD may perhaps accelerate declines towards the $700 level in the near term. Bitcoin Cash Price Decline This past week, there was a major bearish reaction from the $910 resistance zone in bitcoin cash price against the US Dollar. The price started a major downside move and dropped below the $850 and $800 support levels. The decline was such that the price even broke the $750 support zone. A low was formed near $721 and the price is now trading well below the 100 simple moving average (4-hours). At the moment, the price is correcting higher and is trading near $740-750. The 23.6% Fib retracement level of the last decline from the $928 high to $721 low is acting as a resistance. On the upside, there are many hurdles for buyers around the $820 level. The stated level was a support earlier, and now it coincides with the 50% Fib retracement level of the last decline from the $928 high to $721 low. Moreover, there is a crucial bearish trend line in place with resistance near $820 on the 4-hours chart of the BCH/USD pair. Looking at the chart, the price may face a lot of barriers near $820. On the downside, the recent low of $721 is a short-term support. A break below this could push the price towards the $700 handle. Looking at the technical indicators: 4-hours MACD – The MACD for BCH/USD is slowly reducing its bearish slope. 4-hours RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 30 level. Major Support Level – $700 Major Resistance Level – $820 The post Bitcoin Cash Price Weekly Analysis: BCH/USD Extending Losses appeared first on NewsBTC.

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