After a successful iOS launch the young Coinpay founders and college students are releasing their Android platform to meet the market demand for a simple P2P cryptocurrency wallet.
Bloomfield Hills, Jun 19, 2020 (Issuewire.com) - In January of 2018, the Coinpay venture was started by lifelong friends and crypto-crazed college students Alexander Postlmayr and Patrick DePorre when they realized that cryptocurrency was difficult and time-consuming to use. For the young founders, starting Coinpay was something that needed to happen in order to push the cryptocurrency market forward. Satoshi Nakomoto's original vision for Bitcoin is "Bitcoin: A Peer-to-Peer Electronic Cash System" and Alex and Patrick striving every day to make it just that.
As the story goes, Alex and Pat looked to settle a simple debt using Bitcoin and found that facilitating this transaction took minutes because crypto is confusing. Well, that was before Coinpay launched in December of 2019. Coinpay aims to make using cryptocurrency so simple that it will be adopted by the masses in the years to come. The duo often jokes that "we make Bitcoin so easy that grandma can use it" and based on their user data - yes, your grandma did actually buy her first Bitcoin using Coinpay.
Coinpay takes a familiar approach to cryptocurrencies that reflects companies like Venmo and PayPal with the integration of usernames. With Coinpay you "pay people, not public keys", and the founders believe this is important for the cryptocurrency community as it brings the human element to cryptocurrency while also expediting the sending process. A Traditional cryptocurrency transaction can take minutes to facilitate - if you already know what you're doing. With Coinpay setting up a translation takes 15 seconds, uses the logic of already true and tested money transfer services, and best of all It's free.
Following 2 years of development and dedication, the Coinpay team launched their iOS platform in December of 2019. Since the launch, it has only taken 5 months for Coinpay to be adopted all over the world and have an active presence in over 65 countries. In the Founders excitement, they began the development of an Android platform after receiving an investment from construction entrepreneur and angel investor Phares Martin. The Coinpay team met Phares in October of 2019 at the Forbes 30-under-30 event. Phares shares a passionate excitement for cryptocurrency and thoroughly believes that cryptocurrency will be a deeply rooted technology for the generations to come.
With much excitement, the Coinpay team is proud to present and Launch their Android platform in May of 2020. Under the leadership of Patrick and Alex Coinpay will spread cryptocurrency adoption to all corners of the earth throughout the 2020s and into the foreseeable future. Help spread the adoption of cryptocurrency by downloading Coinpay and start sending crypto to your friends and family today.
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This article was originally published by IssueWire. Read the original article here.
