South Africa launches Bitcoin app that allows for currency transfer to contacts

3,086 views · Published 12 October 2018 · 2:06 · Indexed 5 October 2026

Channel: CGTN Africa · 2018 · News & Politics

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The South African tech incubator Centbee has launched an app that allows users to send Bitcoin to contacts listed on their mobile phone. Proponents say this and other crypto-currencies cost a fraction of what users would pay sending money via bank accounts, especially for cross-border transactions. CGTN's Angelo Coppola has the details.

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