Express
El Salvador President: The Chivo Wallet Will Be Fully Compatible With Other Wallets And Have No Cost
Summary: Salvadoran President Nayib Bukele tweeted today to clear up some of the confusion surrounding the upcoming Chivo electronic wallet (which is designed to hold both BTC and USD). The Chivo wallet is only one of many wallets that can be used and will be fully compatible with other wallets. The use of the Chivo wallet ...
Salvadoran President Nayib Bukele tweeted today to clear up some of the confusion surrounding the upcoming Chivo electronic wallet (which is designed to hold both BTC and USD).
The Chivo wallet is only one of many wallets that can be used and will be fully compatible with other wallets. The use of the Chivo wallet will have no cost, there will be no commissions to send or receive remittances or to convert bitcoin to dollars or vice versa.
The money that is held or received (in dollars or bitcoin) in the Chivo wallet can be withdrawn in cash (in dollars) at any time you want. It can be done at Chivo ATMs. This will have no commission.There will be more than 200 Chivo points in historic centers and shopping centers. You can also make deposits, purchase of bitcoin and other services.
By Amy Liu
Tags: Chivo Wallet,El Salvador,Nayib Bukele
Link: El Salvador President: The Chivo Wallet Will Be Fully Compatible With Other Wallets And Have No Cost [Copy]
