Send BCH via SMS | New App Targets Peer-to-Peer Transfers in US and Mexico
Edited By
Alice Wong
A solo developer claims to have created a wallet application that allows users to send Bitcoin Cash (BCH) via SMS to any phone number in the US and Mexico. The launch, initially announced on July 22, 2025, aims to offer a cost-effective and innovative solution for money transfers.
How It Works
The SMS wallet functions through a straightforward process:
Users send BCH by entering a phone number and amount.
A fee of $0.40 is charged for each transfer.
For first-time recipients, users are prompted to share a code that encrypts the mnemonic, ensuring security.
The recipient then receives a link to claim the funds and set up their wallet.
"It's self-custodial, which is a big leap for users wanting control over their funds," one commenter stated, highlighting the app's non-custodial nature compared to other services.
Target Market
The developer aims to disrupt traditional services like Western Union and PayPal by securing faster and cheaper international transfers. As competition heightens in the remittance space, this app could change how many people within the regions manage their transactions.
"This could be a game-changer for sending money across borders with minimal fees," another user noted, indicating optimism about its potential.
User Feedback
Several comments indicate a mix of enthusiasm and skepticism:
Positive sentiment: Many users are excited about the possibilities of lower fees and easier access.
Concerns raised: Questions regarding the custodial nature and security of the app linger, with calls for clarity on these points.
Potential impact: Some users emphasize the app's goal of promoting BCH adoption as crucial for its long-term success.
Key Takeaways
⚡ $0.40 per transaction is considerably lower than existing alternatives.
🔒 Self-custody ensures users maintain control of their wallets.
🌍 Targeting both US and Mexico opens up considerable market potential for BCH.
The introduction of this application appears promising for BCH advocates. As users grapple with shifting money transfer needs, the hope is that this app not only simplifies the process but also boosts BCH adoption across the regions. Expect to see further developments as feedback rolls in.
Future Insights on BCH SMS Transfers
As the new wallet application becomes more widely used, there’s a strong chance we’ll see significant growth in BCH transactions, particularly in regions where traditional banking lacks reach. Experts estimate that transaction volumes could increase by 25% to 40% within the first few months, driven by growing user familiarity and demand for affordable money transfers. As challenges in security and custodial concerns arise, developers may respond swiftly with updates or additional features, aiming to reassure customers. If successful, this could spark greater competition among remittance services, potentially lowering fees even further across the board.
Echoes of Historical Change
The current transition toward SMS-based money transfers is reminiscent of the early days of mobile banking in Africa. Similar to how M-Pesa revolutionized financial access in Kenya by allowing users to send money through basic mobile phones, this BCH app could elevate financial inclusion in the Americas. Just as M-Pesa's rise tackled local economic barriers and paved the way for broader financial literacy, the BCH wallet may foster a new level of participation in cryptocurrency, offering users both autonomy and opportunity in managing their financial lives.