Telx Technologies has launched a SIM card which can be used to send cryptocurrencies payments via SMS. The agenda behind the project is to let people send money internationally without the need for a smartphone, even an Internet connection. According to the telecommunications firm, its launch will be the world’s first such SIM card used for this purpose. The company seems to be targeting the non-tech savvy audience as you do not need a wallet to store the crypto. It plans to launch in 180 countries and will support transactions in Bitcoin, Litecoin, Dash, Zcash, and Bitcoin Cash. Instead of using a wallet addresses, the solution is to use a phone number to identify the people involved in a transaction. Telx has agreed to use Bitgo as a partner and the wallet services company will impose a 0.10% fee on all transactions. Founder and CEO Mark Penovisch had this to say about the launch, “Our goal at Telx is to natively embed peer to peer transactions into the world’s most widely used communication method, SMS messaging.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bithumb Exchange to have a Coin Listing Committee FX Street 4 years Telx Technologies has launched a SIM card which can be used to send cryptocurrencies payments via SMS. The agenda behind the project is to let people send money internationally without the need for a smartphone, even an Internet connection. According to the telecommunications firm, its launch will be the world's first such SIM card used for this purpose. The company seems to be targeting the non-tech savvy audience as you do not need a wallet to store the crypto. It plans to launch in 180 countries and will support transactions in Bitcoin, Litecoin, Dash, Zcash, and Bitcoin Cash. Instead of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
