According to Bitcoin.com founder Roger Ver, this service is unique in the sense that high fees make similar Bitcoin services unrealistic.
If a recipient does not claim the funds within a specified period of time, the coins will be transferred back to the sender.
“It doesn’t matter what nationality they are, what country they reside in, or anything else. If they can access email, they can access their Bitcoin Cash. Bitcoin.com never keeps a copy of the private key,” Rodger Ver told.
The new service may likely find a substantial user base within the space, as governments are trying to exude more control over cryptocurrency transactions.