
CoinText
Service to transact cryptocurrency with any type of mobile phone over text messages without the need for internet.
Date | Investors | Amount | Round |
---|---|---|---|
$600k | Seed | ||
Total Funding | 000k |
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CoinText.io is a pioneering service that allows users to send and receive cryptocurrency via simple text messages, eliminating the need for internet access. Operating primarily in the cryptocurrency market, CoinText serves a diverse range of clients including individuals in regions with limited internet connectivity, cryptocurrency enthusiasts, and early adopters. The business model revolves around providing a seamless and accessible platform for transacting Bitcoin Cash (BCH), Dash (DASH), and Litecoin (LTC) through SMS. CoinText generates revenue through transaction fees and potentially through partnerships with cryptocurrency networks and other financial services. By offering a user-friendly and innovative solution, CoinText aims to make cryptocurrency transactions more accessible to a broader audience, thereby driving adoption and usage. The service is currently available in multiple countries, including the United States, Canada, and several European nations.
Keywords: SMS wallet, cryptocurrency, Bitcoin Cash, Dash, Litecoin, instant transactions, no internet, financial inclusion, blockchain, digital currency, fintech.