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Foxabit, a multi-currency web wallet suitable for remittance and money transferring, which will be available on October 6th, 2015. The platform promises to offer 3 currencies (Bitcoin, pesos and dollars) and the best exchange rates in Mexico, at launch. Additionally, users will be able to send funds to other users inside the platform for free. Customers will be able to deposit funds through more than 15,000 convenience stores across Mexico, or use regular bank deposits.

“Foxabit will allow the unbanked to send and exchange multiple currencies at the best rates in the market. In Mexico 70% of the population do not have access to banks and other financial services, so they have limited options when it comes to investing or saving their capital. We are the first service of our kind targeting this sector, so we expect to disrupt the industry for the best,” said Carlos Torres, Chief Executive Officer of Coinamex SAPI de CV.

Finally, he added,

“We are expecting a high demand, so we have prepared our infrastructure accordingly. Users can rest assured they will have the best experience in our platform.”

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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