Just a little over a month after announcing the launch of its SMS bitcoin cash wallet service in Brazil, as well as three more European countries, Poland, Croatia, and Romania, CoinText.io, a wallet to transact cryptocurrency using SMS messages, announced on Monday it has expanded the services in Colombia and the Dominican Republic.
As previously reported, Cointext described itself as a full-featured cryptocurrency wallet that does not require apps, accounts, passwords, or the internet. The company noted its service offers frictionless onboarding to the crypto ecosystem for anyone with a text-enabled phone. On the expansion, CoinText stated:
“Users in these countries can communicate with their wallet in Spanish or 20 other languages. To check their CoinText balance they use the SMS command BCH SALDO, and to display their wallet address they text BCH RECIBIR. The command BCH AYUDA gives them instructions to user the wallet.”
CoinText founder and CTO, Vin Armani, also commented:
“Economic refugees from Venezuela are flooding over the border into Colombia. CoinText provides them with an easy way to use cryptocurrency to combat hyperinflation and trade with each other. With CoinText you can send any amount of money to almost any mobile phone in the world for pennies,” Armani said. “No permission or account needed. Just a cell signal and a basic mobile phone.”
Cointext went on to add to send funds to domestic or foreign phone numbers, users text BCH ENVIAR $1 PhoneNumber. And they can send funds to BCH wallets by using the command BCH ENVIAR $1 BCHaddress. Users get a wallet by texting a valid command to a CoinText access number or when another user texts funds to their phone. New users get a CoinText wallet in Colombia by texting BCH INICIAR to 85668, while new users in the Dominican Republic get a CoinText wallet by texting BCH INICIAR to 7400