Chinese BTCC launched app to make bitcoin easier to use

Leading Chinese bitcoin exchange BTCC has announced the launch of a new global multicurrency wallet called Mobi. The app will be available on both iOS and Android platforms.

Mobi offers in-app conversion of more than 150 global currencies, including dollar, euro, pound, gold and silver. It also enables users to send money to any Twitter account and phone number, as well as an optional Visa debit card. China-based BTCC is a Bitcoin company founded in 2011 that operates an online trading exchange, mints physical bitcoins, and now has entered the mobile payments market. 

“Mobi is the only app that supports instant conversion, storage and transfer of 100+ currencies so it can be used worldwide compared to AliPay and WeChat which only supports CNY, and can only be used in China,” said Bobby Lee, CEO of BTCC.

BTCC further explained that Mobi comes with an optional Visa debit card where users can load bitcoins and use the card wherever Visa is accepted. The debit card is linked to users’ Mobi accounts, and allows them to withdraw cash in any currency at ATMs worldwide or spend their funds at any retail points of sale that support Visa. The debit card automatically deducts funds from customers’ wallet balance.

After installing the app, users can order a Mobi Visa card by selecting the “Mobi Visa Card” option in the wallet’s main tab. The card operates much like other competing bitcoin debit cards such as the Bitpay card but it is slightly different, a BTCC employee details on Reddit.