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CoinText expands into Brazil, Eastern Europe with mobile cryptocurrency solution

CoinText is expanding its SMS cryptocurrency transfer service into Brazil, Poland, Croatia and Romania. The company has specifically enabled Bitcoin Cash transfers and wallets in those countries, according to a press release.

The service does not require Wi-Fi, and customers can send cryptocurrency or check their balance using simple SMS commands. The platform automatically generates a wallet when customers receive funds.

"Adding Poland, Croatia and Romania brings us closer to connecting the entire continent of Europe," Vin Armani, founder and CTO, CoinText, said in the release. "CoinText's end-of-year goal is to enable all 740 million European residents to text money to each other’s phones for pennies."