Bitcoin Exchange Igot ‘Taking Remittance to the Next Level,’ Expanding to Egypt and Saudi Arabia
Australia headquartered Bitcoin exchange Igot, experiencing rapid growth, planning to launch in Saudi Arabia and Egypt in December.
Even though the Adelaide-based Bitcoin exchange has been rapidly growing in numbers, with 60% monthly growth in users, and 400% growth in trading, Igot is not going to stop there, admitted founder Rick Day. In fact, the entrepreneur told CoinTelegraph that Igot has been multiplying initiatives, concluding strategic partnerships, and expanding rapidly throughout Europe and the Middle East and North Africa (MENA) region
Earlier this week, the exchange secured solid relationships in the European Union, and is now officially active in 40 different countries. Day explained:
“Our localized approach to buying and selling Bitcoin, and ultimate focus on the remittance means more people can send money cheaper. We cover the entire European Union region now. With EU launch, we’re now in 40 countries.”
This post was published at Coin Telegraph on 2014-11-20.