After reaching 200,000 mobile app downloads on iOS and Android in two months, LocalBitcoins has scaled the heights by crossing the 300,000 mark.
The world’s leading peer-to-peer (P2P) Bitcoin marketplace is now available in 23 different languages after adding three more. “The latest additions being Arabic, Chinese and Japanese. This continues to demonstrate our commitment to delivering easy and inclusive access to cryptos for every single person around the world in a compliant and secure manner,” Jukka Blomberg, the chief marketing officer at LocalBitcoins, said.
LocalBitcoins seeks to offer more inclusion. Blomberg believes the firm’s mobile app is witnessing significant adoption in Africa. He noted:
“The adoption of the LocalBitcoins mobile app, especially in Africa, has been truly amazing. Bitcoin means inclusion and LocalBitcoins is committed to bringing Bitcoin to the next billion users in Africa and beyond, in both a compliant and secure manner.”
P2P platforms have been pivotal in increasing crypto adoption across the African continent. For example, in July 2021, Africa recorded the largest Bitcoin P2P volume growth because youths across the continent were taking up the mantle of bettering their lives and their families through cryptocurrencies.
In late January, LocalBitcoins hit a new milestone after its mobile app downloads surpassed 200,000, just a few months after being launched on iOS and Android.
Based on the company’s primary objective of rendering financial inclusion to people across the globe when it comes to buying, storing, and transferring Bitcoin in a secure, fast, and easy way, the mobile application route is touted as an ideal stepping stone.
Image source: Shutterstock