coinBR’s Launch of international SmartWallet, a first for Bitcoin in Africa

coinBR, based in Paraguay, mines Bitcoin (BTC), Monero (XMR), Ethereum (ETH), Zcash (ZEC) and DASH. These currencies are mined for both coinBR and for their clients allowing them to own, host and manage their own cryptocurrency. Miners can cost between $1,000 to $3,600 per machine on a once off payment.

Since achieving huge success in Latin America in the cryptocurrency trading and mining arena, the next step for the company is to explore the African market and South Africa was chosen as the point of entry due to its fintech hub and economic structures. In other countries in Africa the flat currency can be unstable and have fluctuating rates and Bitcoin offers a blanket security. In Bitcoin, the system ensures the trust and is set to take off in Africa.   

Recent Posts

Bitcoin is not a good option for criminals, says former CIA Director in a new report

Bitcoin is not really being used in money laundering operations. And considering the fact every transaction is recorded on the…

13 hours ago

“caged bull” Bitcoin breaks into a new all-time high of almost $63,000

Just a day after Bloomberg analyst Mike McGlone called Bitcoin a “caged bull, well rested to escape”, the latter seemed…

15 hours ago

Ripple files motions to dismiss lawsuit as XRP blasts to new three-year high

Just before the weekend, Judge Sarah Netburn ruled that Ripple executives Brad Garlinghouse and Chris Larsen’s did not have to…

16 hours ago

Cardano, more than a hedge against Ethereum?

In a new video on the popular YouTube channel ‘Coin Bureau’, host Guy shares his thoughts on Cardano and the…

18 hours ago

Revolut brings eleven new Crypto assets to its platform

On Thursday, London-based digital payments firm Revolut announced that it had just added eleven new crypto assets to its banking…

1 day ago

Ripple’s XRP is skyrocketing as the team celebrates three wins in a row in its SEC lawsuit

This Friday, U.S. Judge Sarah Netburn granted Ripple’s motion to keep its CEO’s financial records private after the Securities and Exchange Commission…

3 days ago