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The co-creator of SA’s first cryptocurrency wallet now oversees the technology of a platform that operates in more than 40 countries. By Nafisa Akabor.

Launched in 2014, cryptocurrency trading platform Luno has “quite literally gone from zero to nearly 2m”, co-founder Timothy Stranex says of the number of global customers it has attracted.

That’s remarkable for a new start-up, but seems to match the explosive growth of digital currencies such as bitcoin.

Luno — which initially launched as BitX — is a digital currency app that has been hailed as SA’s first bitcoin wallet. Its users can buy and sell cryptocurrency through it, and it has stood out in a crowded international market thanks to a simple interface and a secure offline vault that stores bitcoin (in case a user ever loses his or her handset).

Continue reading here: https://www.businesslive.co.za/fm/fm-fox/2018-06-14-entrepreneur-co-founder-of-sas-first-bitcoin-wallet-timothy-stranex/

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