{"id":257501,"date":"2020-04-11T15:04:14","date_gmt":"2020-04-11T19:04:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=257501"},"modified":"2021-08-21T13:57:23","modified_gmt":"2021-08-21T17:57:23","slug":"venezuelan-citizens-can-pay-for-transactions-via-text-message-thanks-to-criptolago","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/venezuelan-citizens-can-pay-for-transactions-via-text-message-thanks-to-criptolago","title":{"rendered":"Venezuelan Citizens Can Pay for Transactions via Text Message Thanks to Criptolago"},"content":{"rendered":"<p>Criptolago, a cryptocurrency exchange in Venezuela, will now allow for citizens to <a href=\"https:\/\/cointelegraph.com\/news\/top-venezuelan-exchange-launches-support-for-offline-bitcoin-transfers\">pay for transactions in Petro via a text message<\/a>. Petro, of course, is the country&#8217;s oil-backed digital currency.<\/p>\n<p>The goal here, of course, is accessibility. Instead of needing a card or something else confusing to spend cryptocurrency held in an exchange, users can simply send a text to make it work. The platform will also support spending other cryptocurrencies, such as Bitcoin, Litecoin, and Dash, via this same method.<\/p>\n<p>This information was revealed via a tweet by the exchange:<\/p>\n<blockquote><p>\u201cFollowing the guidelines of our president @NicolasMaduro and in favor of our #criptonation, with the new function of Payments for #SMS we have opened the possibility for all the Venezuelan people to carry out #Petro transactions in a very practical way.\u201d<\/p><\/blockquote>\n<p>Bitcoin trading was recently threatened in <a href=\"https:\/\/insidebitcoins.com\/news\/weak-internet-connectivity-threatens-bitcoin-trading-in-venezuela\/255600\">Venezuela due to a lack of internet access<\/a>, as previously reported by InsideBitcoins. This text-messaging system was also partly an answer to this lack of access.<\/p>\n<p>Interestingly, the country saw a <a href=\"https:\/\/insidebitcoins.com\/news\/venezuelan-crypto-adoption-skyrockets-amid-banking-shutdown\/254353\">massive increase in cryptocurrency adoption once banks closed<\/a>, as InsideBitcoins has also previously reported on. This, of course, was the result of the global pandemic, coronavirus, and its spread throughout various countries around the planet.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Criptolago, a cryptocurrency exchange in Venezuela, will now allow for citizens to pay for transactions in Petro via a text message. Petro, of course, is <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/venezuelan-citizens-can-pay-for-transactions-via-text-message-thanks-to-criptolago\" title=\"Venezuelan Citizens Can Pay for Transactions via Text Message Thanks to Criptolago\">[&#8230;]<\/a><\/div>","protected":false},"author":1722,"featured_media":240719,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[10626,8739,8337],"class_list":["post-257501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-criptolago","tag-petro","tag-venezuela"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Venezuelan Citizens Can Pay for Transactions via Text Message Thanks to Criptolago - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Criptolago, a cryptocurrency exchange in Venezuela, will now allow for citizens to pay for transactions in Petro via a text message.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/257501\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Venezuelan Citizens Can Pay for Transactions via Text Message Thanks to Criptolago\" \/>\n<meta property=\"og:description\" content=\"Criptolago, a cryptocurrency exchange in Venezuela, will now allow for citizens to pay for transactions in Petro via a text message.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-11T19:04:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-21T17:57:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/10\/Petro.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Max Moeller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@maxemole\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Max Moeller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/257501#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/257501\"},\"author\":{\"name\":\"Max Moeller\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/40e2bb7ce5197525f89f809b68ffe13f\"},\"headline\":\"Venezuelan Citizens Can Pay for Transactions via Text Message Thanks to Criptolago\",\"datePublished\":\"2020-04-11T19:04:14+00:00\",\"dateModified\":\"2021-08-21T17:57:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/257501\"},\"wordCount\":217,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/257501#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/10\/Petro.jpg\",\"keywords\":[\"Criptolago\",\"Petro\",\"Venezuela\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/257501#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/257501\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/257501\",\"name\":\"Venezuelan Citizens Can Pay for Transactions via Text Message Thanks to Criptolago - 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