New BrewDog branch accepts Bitcoin BCH

The BrewDog Canary Wharf, the latest of BrewDog’s numerous bars scattered across the UK, will be accepting Bitcoin Cash (BCH) as payment, the company announced.

To make its launch on October 19 more exciting, the first 100 people at the 12 p.m. opening will be given BCH wallets, containing random amounts from £12-£100 ($16-$130).

“At BrewDog we have worked our entire lives to challenge perceptions and be bold and uncompromising; the developers and miners of cryptocurrency are exactly the same. Adopting alternative payment options for craft beer is a natural fit. And what better place to start subverting the norm in financial transactions than the heart of London’s financial docklands?” BrewDog’s blog post reads.

BrewDog is also looking at expanding its acceptance of BCH beyond just Canary Wharf. “[W]e hope to eventually roll out this way of paying into all of our UK BrewDog Bars,” it said. The menu selection includes “20 taps of super-fresh craft beer, takeaway bottle and can options, and our loaded menu of burgers, pizza and wings.”

To participate in the BCH wallet giveaway, all you need is to download a Bitcoin.com wallet app. “On top of this, any purchase of beer from the bar between Friday and Sunday October 21st (however you pay) will enter you into a raffle to win a wallet containing Bitcoin Cash to the tune of £500 ($650),” BrewDog said.

The bar has raised funds through its Equity for Punks program, where members are eligible for discounts and special offers, and are privy to the Annual General Mayhem party. The program is closing on October 15, but not after having attracted attention for the way it has “revolutionized small business finance” the past few years.

BrewDog said, “The people who have invested in us and become Equity Punks have shown the city slickers what can be achieved with taking charge of something you believe in. Cryptocurrency is exactly the same.”

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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Trezor crypto wallet adds buy, trade capabilities in beta release

Hardware crypto wallet Trezor has rolled out new features that enable users to buy and exchange cryptocurrencies within their beta wallet—without the risks of leaving funds on an exchange.

The Trezor wallet, which aims to provide secure remote storage for cryptocurrencies, was the first hardware wallet of its kind, marrying the security benefits of cold storage with the functionality of a hot wallet. Now, with the addition of a new ‘Exchanges’ section, the wallet allows users to engage in transactions in and between some 11 different cryptocurrencies, including Bitcoin BCH, along with XRP and BTC.

As well as storing cryptocurrency securely, users will now be able to convert their holdings into other cryptocurrencies within the wallet itself.

Announcing the move on Twitter, the company confirmed it wouldn’t be running KYC procedures on users transacting through the wallet. According to the Trezor team, “Just to clarify, we won’t run KYC — The exchanges might. (We do not offer exchange services, they all go through third parties.)…It’s an optional service. If KYC will be enforced by those services, user will know it and can refuse to continue — Decentralized exchanges are, of course, being evaluated.”

The new exchange section on the wallet, accessible from the new ‘Exchanges’ tab from the main wallet interface, provides easy access to buying crypto on exchanges. It also allows users to switch their crypto for another on the platform.

Amongst the exchanges supported are Coinmama, Changelly, Changenow, Coinswitch and Paybis. As well as Bitcoin BCH, users now also have access to a basket of cryptocurrencies covering ZEC, XRP, LTC, BTG, XMR, DASH, BTC, ETH, ETC and DOGE.

Crucially, the lack of KYC procedures distinguishes the platform from exchanges, particularly regulated exchanges which are responsible for enforcing KYC processes. This makes the Trezor roll out more accessible and convenient for those looking to buy and trade between cryptocurrencies.

The move has already been well received by Trezor customers, suggesting the added functionality is likely to prove a popular addition to the product.

Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.

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