This website uses cookies to ensure you get the best experience on our website
Join us on Telegram for FREE daily market updates!

Blog

Date:
03rd Nov 2020
Author:
CryptoAltum Research Team

Square Crypto Funds Developer Looking to Make Bitcoin Wallets More Accessible

The Jack Dorsey-led crypto supporter and payment processor, Square Crypto, has awarded a grant to a developer, Maggie Valentine. She is searching to make Bitcoin wallets easier to use and more accessible through user education and complexity elimination.


Details: 

Square Crypto is at the forefront of crypto and is one of the few public companies that are leading the drive, institutionalizing Bitcoin. Aware that crypto and Bitcoin adoption relies on easy on-boarding and innovation more than anything, the funding of the developer throws weight behind their objective. If Bitcoin wallets are easier to use there will be more users experimenting on the platform and feeding on its benefits. Overly, this will be prop prices as the technology’s benefits will be highlighted.


Impact on the BTC Price: 

Bullish. Easy on-boarding and the elimination of technical jargon is the much-needed trigger for mass adoption, and Square Crypto wants to do just that. By funding development initiatives, the Bitcoin ecosystem will benefit from the influx of new users, propping prices as a result.


More market updates on our Blog 


Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.
  • Copyright Excel Innovations Ltd (CryptoAltum) 2020