Crypto Marketplace Purse.io To Add Bitcoin Cash Support

Announcements, News | May 21, 2018 By:

Bitcoin marketplace Purse.io has announced that it will be adding native support for Bitcoin Cash (BCH) by the end of the month.

Purse.io is a marketplace that connects bitcoin spenders and bitcoin buyers by leveraging Amazon wishlists. It allows its users to buy items at a discounted price from Amazon when the payment is made with bitcoin. The average order on the platform is around $100 and the average discount is about $15. Bitcoin Cash users will soon get the same services Purse.io has been offering since 2014.

“The update is being tested to ensure a smooth experience with a target live date by the end of May,” the company said in blog post. “In addition, once Bitcoin Cash goes live, users who missed the post-fork withdrawal period will be happy to see their balance restored.”

To celebrate the addition of the platform’s second cryptocurrency, Purse partnered with the Bitcoin Cash Fund to give cash back to users who shop or earn BCH in June. $10 cash back for shoppers and $850 in prizes for top earners.

The company also announced the bcash implementation, an open source fork of the client bcoin, for the Bitcoin Cash network. The bcash implementation will be the sixth BCH client, joining Bitcoin ABC, XT, Unlimited, Parity, and Bitprim.

“We’re delighted to announce bcash, a bcoin implementation for Bitcoin Cash,” the company said. “We’re excited about projects including Yours, Joystream, Memo.cash, and Open Bazaar, and excited to see new use cases emerge. Bcash is open source and ready for testing today.”