Bitcoin Vietnam and Coinify announces new strategic partnership

Bitcoin Vietnam Co. Ltd. and Coinify ApS announced a new strategic partnership that will bring advanced blockchain merchant processing tools to the Vietnamese market.

Vietnamese merchants will now be able to receive payments in bitcoin or 16 other popular blockchain currencies supported by Coinify. These payments will be automatically converted to the Vietnamese Dong and paid out on a regular basis. Merchants can thus offer more payment options to their customers, while enjoying a fraud and riskfree payment environment.

“We are very pleased to announce our new partnership with the team of Coinify. They have proven to have a very secure, convenient and slick product which consequently brought them the market leadership in Europe regarding the number of acquired merchants,” said Bitcoin Vietnam CEO Nguyen Tran Bao Phuong.

“Bitcoin Vietnam has, as the first mover in Vietnam, paved the path for bitcoin adoption via the brokerage, exchange and remittance solutions they offer to Vietnamese people living within and outside the country. We are happy to join this dynamic company in strengthening the existing infrastructure and provide the Vietnamese market with professional blockchain payment processing,” said Coinify ApS CEO Mark Højgaard.

Bitcoin Vietnam Co. Ltd. is Vietnam’s first bitcoin exchange. Coinify ApS is a blockchain currency merchant processing provider.