Safello Exchange Unveils Bitcoin Wallet Service
When it comes to explaining bitcoin to a novice user, you will eventually run into the problem of finding a suitable bitcoin wallet for them to use. There are plenty of good wallets out there, but wouldn’t it be easier if they could use an exchange wallet to begin with? However, considering that several bitcoin exchanges have been hacked over the past few months, storing your coins in an exchange wallet might not seem like a good idea. Swedish Bitcoin exchange Safello hopes to change that.
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Recently, we had an opportunity to interview Frank Schuil, the CEO and founder of Safello. Frank is a seasoned entrepreneur who has founded numerous and guess what, he is/has been a rapper too! Safello is a leading bitcoin platform based out of Sweden. Safello offers a unique exchange and wallet service to its customers. People can buy, sell or store bitcoins on the platform. We asked Frank a set of questions about Safello, and future of bitcoin, and this is what he had to say. Gautham: Can you please tell us a bit about Safello? Frank: Safello was founded in July 2013. Since then, it has....
Safello is now allowing users to request invitations to its newly launched bitcoin wallet service. For the release, the Sweden-based bitcoin services company will leverage Blockchain's API, though its wallet service will build upon Blockchain's basic offering, adding an additional social layer that will allow users to easily search for other users with whom they've previously transacted. The news was released during a panel session at Sthlm Tech Fest, a Sweden-based conference featuring top talent from the payments world such as Stripe and iZettle alongside bitcoin companies such as....
Bitcoin exchange Safello will unveil Sweden's first bitcoin ATM next week, after announcing their work on the Lamassu machine just three weeks ago. The ATM will be on display next Monday at Stockholm's STHLM TECH Meetup - converting users' cash into bitcoin and depositing it in their wallet addresses. For now, the machine is operating in Safello's office while the company puts the finishing touches to its service. It will move to a more permanent location soon. "We are in discussion with a big mall in the centre of Stockholm. We aim to cooperate with them for the first ATM deployment,"....
Swedish bitcoin exchange Safello has launched a new service for charities that enables them to easily create free fundraising campaigns. The exchange says the new pages offer a new way of donating money that allows charities to receive 100% of donated funds. All donations show up in real-time in the transaction stream and the funding goal is updated automatically. Safello says the new service will enable small, local charities to create a global fundraising campaign in mere minutes. Free fundraising tool. Frank Schuil, co-founder and CEO of Safello said the new donation pages demonstrate....
Swedish bitcoin exchange Safello has teamed up with mobile transaction service Swish to enable direct payments for more customers via their mobile devices. The Swish app links to users' bank accounts to send and receive funds instantly, and charges no fees. Transactions are processed once a day, so if you buy bitcoin through Safello using the new service, the process should be completed within 24 hours. Added as part of a push to bring more customers on board, Safello describes its service as now "just the simplest way" of buying bitcoins in Sweden, explaining: "With an account at any of....