Current Trends in Bitcoin Remittances

Current Trends in Bitcoin Remittances

One area in which bitcoin is making waves is in the remittance industry. After all, the speed of transferring funds across the globe at lower costs makes the cryptocurrency an appealing vehicle to use. There are several bitcoin remittance companies in existence, such as Palarin in the Philippines, BitPesa in Tanzania and Kenya, Bitspark in Hong Kong, and Bitstake in Nigeria. Startups focusing on bitcoin remittances in Argentina, which has long been embattled by a currency crisis, are also reportedly on the rise. Advantages of Bitcoin Remittances. Nasdaq writer David Floyd enumerated some....


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