NASHUA, N.H., Sept. 10, 2018 Today, CoinText.io, a cryptocurrency wallet to transact phone-to-phone over text messages, announced the release of its upgraded service in Spanish and its expansion into three new countries including Spain, Mexico, and Chile.
CoinText enables users to send Bitcoin Cash (BCH) directly to phone numbers or BCH addresses without Internet by providing a Short Message Service (SMS) communication gateway with the blockchain. As a result, CoinText works on any text-enabled phone including old flip phones.
“CoinText allows frictionless cross-border payments without bank accounts for pennies,” said CoinText CTO Vin Armani. “It’s the perfect tool to send remittances directly to phones in other countries.”
Users get a wallet by texting START (or INICIAR in Spanish) to their region’s local access number below, or when funds are sent to their phone by another CoinText user.
Spain – 34957870414
Mexico – 529993193199
Chile – 56945950999
“A worker in the United States can now text cryptocurrency, denominated in dollars, in English, to a phone in Mexico where the recipient receives it denominated in Mexican pesos, in Spanish,” Armani explained. “And the recipient doesn’t need an app or wallet to receive the funds.”
In addition to new languages being added, the CoinText version 2.0 upgrade includes better security, a welcome greeting with instructions for all new users, and improvements that could allow other cryptocurrencies in the future.
CoinText now services twelve countries with more coming every week, the company said.
CoinText is a for-purpose FinTech company making cryptocurrency easy to use as money. CoinText is the first full-featured SMS cryptocurrency wallet that doesn’t require apps, accounts, passwords, or Internet. The service offers frictionless onboarding to the cryptocurrency ecosystem for anyone with a text-enabled phone. CoinText is built on a foundation designed for a full suite of cryptocurrency solutions including touchless payments, streaming money, and for the Internet of Things (IoT).