Scottish cryptocurrency start-up doubles users in one month as Bitcoin surge continues

Scottish cryptocurrency start-up doubles users in one month as Bitcoin surge continues

Edinburgh-dependent digital wallet and payments system Zumo noticed much more than 10,000 new British isles consumers download its application in December subsequent a drive to reach new consumers.

The Refer & Share scheme rewarded present and referred buyers with .02 Ethereum, which they could immediately invest in, provide, mail, spend and shop along with other cryptocurrencies and conventional currencies.

The start-up’s modern progress follows a thriving crowdfunding campaign in August that exceeded its £1m focus on in just 4 times and an announcement in November that 10,000 people had installed the Zumo Application because its launch in June.

Knowledge from the cryptocurrency start-up unveiled a doubling in user quantities for the duration of December. The evaluation also confirmed buyers are typically United kingdom-based and have an ordinary transaction sizing of about £600, which the company claimed indicates curiosity is most widespread amid ‘everyday’ buyers.

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