Azteco is making big moves. Their vouchers are now available in 600K new locations in Nigeria, 6K in Canada, and 28K in the U.K. Their system was already one of the most accessible ways to buy bitcoin, and now, in those countries, Azteco is basically everywhere. Better yet, clients don’t need to provide neither bank nor credit card details.
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“Go to your local store and buy a top up voucher just like the ones you’re used to. Enter your Voucher number to redeem,” buying bitcoin with Azteco is akin to adding credit to your cell phone. “There is nothing to learn or understand; it just WORKS,” the company tweeted. However, if you need a more detailed game plan, here it is:
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Fill out the form here.
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Receive an email with a barcode.
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Go to a Paypoint, or other location as instructed.
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Show the barcode and pay.
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Receive your voucher instantly via email.
The headline here, though, is the number of locations Azteco recently onboarded.
600K Cash-In Locations In Nigeria
Recently, one of the main topics in bitcoin is adoption in the African country. “Nigeria is the number two leading country in Bitcoin adoption, and now, Nigerians have access to Azteco through 600,000 Cash-In locations. We expect an explosion in uptake.” Since the process is identical to acquiring phone credit, people already know how to do everything required.
https://twitter.com/Azteco_/status/1499458593992683522
“Nigerians have total freedom to send and receive Bitcoin from anywhere instantly, reliably and privately,” Azteco promises.
BTC price chart for 03/05/2022 on Bittrex | Source: BTC/USD on TradingView.com
Azteco Available At 6K Canada Post Locations
In the post office, “you can buy Loadhub and use it to get an Azteco Voucher. Now Bitcoin is within arms reach of 98% of all Canadian Citizens.” Pay with cash or bank transfer and rest assured that Azteco doesn’t “store any personal information longer than required to fulfill your order, after which we delete that information.”
Here are the very simple instruction for Canada Post’s clerks:
https://twitter.com/Azteco_/status/1499364948253806593
Here’s a map with all of the Canada Post’s locations:
https://twitter.com/Azteco_/status/1499872874034782212
Azteco At 28K Extra Locations In The U.K.
The vouchers are already available at a very popular chain store, but this is bigger. “Azteco is now available at 28,000 locations across the UK through PayPoint. Now everyone in the UK has easy, instant access to Bitcoin.”
https://twitter.com/Azteco_/status/1498775866154835968
Conclusions And Solutions
In today’s world, governments proved that they would go after the finances of entire populations just for the fact that they disagree with their politics. A solution like Azteco is welcomed with open arms. It’s not exactly KYC-free, but close enough.
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“Azteco doesn’t have user accounts, just like Pay as You Go SIM Cards. It’s “disposable Bitcoin” for small amounts,” the company states. And Nigerians, Canadians, and U.K. residents now have availability in physical locations that they usually go to. They can pay their electric bill, re-fund their phone, and get some bitcoin without breaking a sweat.
Will this affect the market at all? It’s not likely. Retail buyers are just a small percentage, and, as stated, Azteco is for small amounts. Will this benefit everyday bitcoin users in those countries? Absolutely.
Featured Image by Blake Wisz on Unsplash | Charts by TradingView