Coinify, a virtual currency startup from Copenhagen, offers two-way virtual currency conversion services for business and individuals. Users can buy and sell virtual currencies, do in-wallet trading and use a payment suite with virtual currency payment products for various business owners.
The startup also has an extensive network of partners, including Forbes and SEB.
Now Coinify expands its virtual currency lineup with three new currencies: Bitcoin Cash (BCH), Stellar lumens (XLM) and Bitcoin SV (BSV), which users can buy with bank transers or credit cards. The unique feature of the platform is that users do not need to use bitcoins as a medium for exchange to access other virtual currencies.
“We are continually developing our services to support access to virtual currencies while taking an agnostic stance on the ecosystem,” said co-founder and CEO of Coinify, Mark Højgaard.
The startup also rebranded its trade platform for private individuals, and it is now called myCoinify.
The rebranding comes as part of Coinify’s extension of their payment offerings, thus needing a clear distinction between their Payments Product Suite for businesses, and myCoinify, which is a B2C service for private individuals.
“By providing a clear separation between the platform for individual users and our payment product collection, we can serve our users in the best way possible and resolve their needs more effectively,” said Pia Skafte Johansen, Head of Payment Solutions at Coinify.
myCoinify will continue to focus on the end users by providing them with a simple and compliant platform to buy multiple virtual currencies.
The startup’s plan is to support a total of 15 different virtual currencies on the platform by the end of 2019.