Cryptocurrency exchange and payments platform Coinify has expanded its offerings by adding support for three major digital assets: Bitcoin Cash (BCH), Bitcoin SV (BSV), and Stellar Lumens (XLM). This update enables users to purchase these cryptocurrencies directly through bank transfers or credit cards on Coinify's streamlined platform.
Expanded Cryptocurrency Support
Mark Højgaard, Coinify's co-founder and CEO, emphasized that this development aligns with the company's roadmap to support 15 digital assets by year-end. The newly added cryptocurrencies—BCH, BSV, and XLM—meet Coinify's rigorous compliance standards and adhere to international regulations.
👉 Discover how Coinify simplifies crypto purchases
"Our mission is to provide accessible virtual currency services while maintaining ecosystem neutrality," Højgaard explained. "What sets us apart is offering both cost-effective bank transfers and instant card purchases across major payment networks—a rare combination beyond Bitcoin transactions."
Platform Rebranding: Introducing Mycoinify
Alongside these additions, Coinify has rebranded its individual trading platform "Buy and Sell" as Mycoinify. This strategic rename reflects the company's expansion into diversified payment solutions:
- Business Solutions: Enhanced payment product suite for enterprises
- Consumer Platform: Dedicated B2C interface for private investors
Founded in 2014 with backing from SEB Venture Capital and other prominent investors, Coinify continues to innovate at the intersection of fintech and digital currencies.
FAQ Section
What payment methods does Coinify support?
Coinify accepts both bank transfers and credit/debit card payments for instant cryptocurrency purchases.
Why were BCH, BSV, and XLM selected?
These assets met Coinify's compliance benchmarks and regulatory requirements while addressing growing market demand.
How does Mycoinify differ from Coinify's business services?
Mycoinify serves individual investors, while Coinify's business solutions cater to enterprise payment needs—creating clear product differentiation.
👉 Explore Mycoinify's upgraded features
With this dual expansion—both in supported assets and platform functionality—Coinify strengthens its position as a versatile gateway between traditional finance and digital currencies. The company's agnostic approach to blockchain ecosystems ensures broad accessibility without compromising regulatory standards.