The digital commodities exchange Emirex yesterday announced the official introduction of support for BSV (Bitcoin SV). BSV/EUR and BSV/USDT trading pairs have been listed and also immediately available for use. Later on, Emirex is planning to introduce BSV/AED trading pair, which will be the first direct pair that is available in the market.
Demand for BSV
The demand for BSV is increasing exponentially across the globe due to its massive scaling blockchain. This scaling blockchain is driving BSV growth across its complete ecosystem of services and applications. Demand is also rising since it functions as a payment rail with very short transaction times and incredibly low transaction fees.
Moreover, customers are able to fund the account using Maestro, Mastercard, Visa, and EUR SEPA transfers. SWIFT transfers using options such as AED, EUR, and USD will be made available very soon.
Grigory Rybalchenko, Emirex CEO, commented that their business performance depends a lot on cooperation the company builds with new projects. Grigory added that it is a delight for Emirex to list out this promising project on the exchange, and they look forward to having long term cooperation. He mentioned that their team would be providing continued support and top-quality service to the wonderful community of BSV so that better trading experience can be provided.
Statement by Bitcoin Association’s Founding President
Jimmy Nguyen is Bitcoin Association’s Founding President. Bitcoin Association is an industry organization that works towards the advancement of business over BSV blockchain. Jimmy welcomed this announcement and said that with an increase in global demand for BSV, the introduction of fresh trading pairs on the exchange would be facilitating fiat onramp for users who want to sell or buy BSV within their ecosystem.
Jimmy added that moving forward, Emirex has crafted out an exciting road map, and expansion has been planned throughout Europe, Africa, and the Middle East. According to Jimmy, the team at Emirex is delighted that BSV will be part of this exciting journey that lays ahead. For the latest news on Bitcoin SV, you can check out our Bitcoin SV news section.