Bitwala: ‘Nobody Uses Altcoins,’ Bitcoin Is the Top Crypto
Bitcoin payment processor Bitwala revealed on September 8 that even though it accepts 40 altcoins, the startup will focus most of its interest on the Bitcoin network. The firm states while everyone is excited about these technologies “nobody uses them.” Bitwala Says Altcoin Volumes Are Flat. Bitwala announced through its blog that while it will still....
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Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in cryptocurrency, now offers the least expensive way to use altcoins for international transfers, providing an economical option for the unbanked who wish to send money across borders, the company announced on its website. Users can make SWIFT or SEPA transfers using altcoins. Bitwala made the announcement following its recent partnership with the ShapeShift.io exchange, which makes it possible for users to transfer altcoins and bitcoins globally, CCN reported. The integration....
Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in cryptocurrency, has been less than impressed by the public’s response to altcoins after embracing altcoins. While it plans to continue to support altcoins, Bitwala is planning to focus more on bitcoin, according to a recent blog posted on its website. The company has asked for input on whether people agree with this change in focus. The blog is titled, “Everybody is excited about altcoins, but nobody is using them.” A Promising Partnership. In July, Bitwala announced a....
Though BitGo was the wallet software used by Bitfinex who lost $60m of its customers’ funds, Bitwala says it will still work with the provider as it launches its wallet services. Bitwala has added a Bitcoin wallet onto its platform to allow users to pay and send Bitcoins from within the Bitwala site through seamless website integration. In a statement, the platform which enables sending money abroad and paying bills with Bitcoin in 17 currencies, announces that the wallet will allow users to have full control over their money. It also supports Dash and Steem. Jörg von Minckwitz, CEO of....
The Bitwala international transfers platform has been popular amongst European Bitcoin users because of its cost efficiency. Bitwala, a prominent European Bitcoin startup, has launched a feature which allows users of Ether, Dash, Litecoin, and Dogecoin to pay bills, top-up bitcoin debit cards, and make international USD and SEPA payments with altcoins. Over the past year, Bitwala has been focused in bringing solid infrastructure for Bitcoin users internationally by providing various methods of using and transferring digital currencies. The Bitwala international transfers platform has been....
Bitwala, the Netherlands-based bitcoin payment service, has introduced a bitcoin email payment service called EmailPay. Registered users only need an email address to send a bitcoin payment using the service. Bitwala, which debuted about three months ago, settles payments in EUR in the European Commission's Single Euro Payments Area (SEPA). To pay using EmailPay, the user only needs the email address of the recipient and the amount of money they wish to send. Users have to pay Bitwala's 0.5 percent transaction fee. They can send payments up to whatever amount they are authorized.....