What is chivo & how does it work?

What is Chivo? Chivo is a Bitcoin wallet that allows Salvadoran citizens and businesses to send payments in Bitcoin or dollars anywhere around the world. It can automatically convert Bitcoin into US dollars or citizens can withdraw bitcoin holdings for cash at bitcoin ATMs in the country.

What is chivo wallet?

Chivo Wallet is the official Bitcoin and Dollar wallet of the Government of El Salvador. Chivo Wallet allows you to send and receive Bitcoin and / or Dollar between Salvadorans without commission, in the same way it allows users to exchange Bitcoin for Dollar or vice versa without commission.

Why is chivo different from other 'bitcoin explained' episodes?

This episode is a little bit different from other episodes of “Bitcoin, Explained,” because the Chivo app isclosed-source software.

Who is Bitso & Chivo?

Sept 7 (Reuters) - Fintech Bitso, a cryptocurrency platform, said on Tuesday it will be the core service provider for Chivo, the bitcoin digital wallet launched in El Salvador as it becomes the first country in the world to adopt bitcoin as legal tender.