What happened last January 3, 2018?

Let me share to you what had exactly happened in the Philippines last January 3, 2018 that helped Filipinos send bitcoin cash by text messaging.

"CointText Enables SMS-Based Bitcoin Cash Transactions Expand to Philippines"

What is CoinText.io?

Is a service that lets people send and receive cryptocurrency using text messages. It was the first company to develop a way to use cryptocurrency without the use of application and internet.

On January 3, 2018

In the report, CoinText had announced that it enables SMS-based bitcoin cash transactions expand to Philippines.

Its founder said that

“The Philippines has many cryptocurrency exchanges that make using cryptocurrency for remittances a no-brainer. With CoinText, Filipinos can make borderless payments and withdraw pesos at an exchange for a fraction of the cost of traditional money transfer services."

This had helped Overseas Filipino Workers (OFW) benefit from low transaction fees. With CoinText, the OFW's working abroad doesn't have to worry on the "big cut" that remittances companies take away from them everytime they were sending money from abroad.

With simple commands like "SEND $5 [BCH address]" you can already send money. And to check your balance, a command "BALANCE" will do, then it will already send you your balance.

Thank you CoinText for making this feature available in our country.