A few months ago, we briefly talked about a service called BitSMS which lets you send text messages to anyone in the world, in exchange for Bitcoin, Darkcoin, Sterlingcoin or Guldencoin. Earlier today, I received word from the site operator informing us that the worldwide SMS rates have been drastically reduced, and several awesome features have been added. Sending cryptocurrency worldwide via SMS is a major step forward, and not just for Bitcoin.
BitSMS Reduces Prices by 60%
The BitSMS team has been hard at work to negotiate a new price deal with the partnering providers, in orders to reduce the costs of sending text messages worldwide yet again. As a result of these efforts, prices have been reduced by as much as 60%. Whereas users were originally charged US$0.28 (0.25EUR) per SMS, they now pay just US$0.18(0.15EUR) to send a text message to anyone in the world.
“BitSMS started out with a pretty high service fee, but we have managed to lower the price per sms to 0.15 EUR(US$0.18), which is 10 cents lower than our initial price. After multiple negotiations with our providers, we were able to lower the prices to a much more acceptable rate for users worldwide,” Roel Buerra, the founder of BitSMS told CryptoArticles.
We have seen other projects offering very sharp prices when it comes to worldwide communications, even though BitSMS is the only actively offering worldwide SMS capabilities. Chiliphone, a project we recently discussed here on CryptoArticles, is offering very cheap rates for worldwide phone calls. Combining both services will make for a strong competitor compared to what ISPs, mobile providers and similar applications can offer.
Send Cryptocurrency Via SMS Through BitSMS
Giving people the ability to send cryptocurrency through a simple text message has proven to be a very time-consuming and difficult task. While there are several options out there to send Bitcoin to someone in one or a handful different countries, nothing has been achieved on a global scale just yet. That is, up until today, as BitSMS has done what seemed improbable for a lot of cryptocurrency enthusiasts.
Keeping in mind we can send a text message to another person since its inception in 1992, and cryptocurrency has been around for roughly 6 years now, it took a while to bring the two parties together. Then again, BitSMS has only been around since August of 2014, and in just 5 months, they have achieved the impossible, by letting us send Bitcoin, Darkcoin, Guldencoin and Sterlingcoin to anyone in the world who can receive an SMS.
When BitSMS launched, it was pretty awesome to send a text message in exchange for cryptocurrency. And seeing how 3,783 standard text messages have been sent through the service so far, a lot of people have taken a liking to the platform. However, now that you actually “text” cryptocurrency to anyone in the world, that number will start increasing exponentially over the next few months.
“We have been playing with the idea since launch, but we needed a way to make it user-friendly, fast and secure. So we took it upon ourselves to make it happen, and now, merely three months after our initial launch, people are able to send BTC, DRK, NLG and SLG via text message to someone using BitSMS. And if the user prefers, they can even attach a personal message,” Mr. Buerra, Founder of BitSMS said to CryptoArticles.
Up until this point, BitSMS is the only company in the world allowing users to text cryptocurrency via text messages. Furthermore, they have done so in an easy and secure way, and in doing so, they have opened up a whole new range of wiring money to anyone in the world. BitSMS essentially makes it possible to use a phone number as an account number to receive money, without having to remember a bank account number or wallet address.
BitSMS : Plans for 2015
While the year 2015 has only just begun, the BitSMS team will not be resting on their laurels. Plans are set in motion in order to expand the check-out system, and they are also developing an API which can be integrated by third parties in the future. Interested parties could include Bitcoin ATM’s, mining pools, (online) cryptocurrency wallets, and many, many more.
Website : http://bitsms.eu
Twitter : https://twitter.com/bitsmscom