Cryptocurrency, Featured

SMS Cryptocurrency Wallet CoinText Continues To Expand Around World

The Cointext SMS Bitcoin Cash (BCH) cryptocurrency wallet plans to expand its presence all around the world. Residents of South America and three more in Europe can now have an access to the service. Last week, the US-based cryptocurrency startup allowed sending Bitcoin and other digital assets with the help of SMS and now has also set the process in Brazil as well. Users can now send currency to BCH addresses or cell phone numbers even if there is no internet connection, no extra accounts or the requirement to download any apps.

In order to send Bitcoin to other address, this new text message-based payment procedure is very simple and flexible. CoinText’s CTO Vin Armani stated that the SMS resolution will give support to many users to considerably increase the approval of crypto because of the straightforwardness of transactions.

In regards to the latest introduction of SMS cryptocurrency wallet into the Slovenian market, Armani highlighted that Bitcoin Cash is tremendously prevalent with local businesses. In Slovenia, BCH has the maximum merchant adoption rate in the world, as stated on Today website.

CoinText launched the service in March 2018, and has quickly extended all over the world. CoinText has started offering its SMS BCH wallet in Brazil, Poland, Croatia and Romania. Other locations that at present has supported include the U.S., Canada, South Africa, Switzerland, Sweden, Netherlands, the U.K., Germany, France and much more. The firm seems to grow at such a rapid pace, as it aims to add Poland, Croatia and Romania. These countries will bring everyone closer in connecting the entire continent of Europe, Armani said.

As per the report published in Bitcoin News, CoinText’s end-of-year goal is to allow every 740 million residents of Europe to SMS currency through cryptocurrency wallet to each other’s mobile for pennies. CoinText also revealed that the phone doesn’t require apps or logins, and it works on any type of mobile phone including iPhone, Samsung, and even old Nokia flip phones.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]
coinmag

Janhvi has been working as a content writer/editor for many years. With her interpersonal skills, she has the ability to generate content in a clear and precise manner. She is currently writing cryptocurrency news stories for OWLT Market.

Leave a Comment

Your email address will not be published. Required fields are marked *