Amount Transfers Via Bitcoin Seems Not Possible For Now
The founder of bitcoin.com, Roger Ver, within an interview said that, his newly launched service is exclusive within the sense that high fees make similar Bitcoin [BTC] services unrealistic. Ver also acknowledged that the service is transnational and also preserves user privacy:
“It doesn’t matter what country you are in, or anything else. If anyone can access email, they will have access to Bitcoin Cash. Bitcoin.com never keeps a copy of the private key.”
All Transactions Are Digitally Signed & Recorded
In addition, if the intended recipient doesn’t claim the funds within a specified period of time, the coins would be automatically transferred back to the sender again:
“We do keep a signed transaction to refund the BCH back to the sender after the required number of days have elapsed. That way, if the recipient never claims their Bitcoin Cash, the sender will automatically get them back.”
As governments around the world are already trying to exude more control & management over the cryptocurrency related transactions, this service may likely find a considerable user base within the upcoming days.