Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » El Salvador Gets Bitcoin Educational Center, Courtesy Paxful

El Salvador Gets Bitcoin Educational Center, Courtesy Paxful

Kelly Cromley by Kelly Cromley
Feb 3, 2022
in Market News, News
Reading Time: 2 mins read
0

Paxful, the world’s largest peer-to-peer network, today announced the opening of ‘La Casa Del Bitcoin,’ a new teaching and training facility in El Salvador dedicated to promoting financial equality via free and accessible Bitcoin education. Additionally, the facility will house the Built With Bitcoin Foundation’s headquarters, which will hold events and gatherings aimed at increasing community engagement and education.

Paxful is a worldwide peer-to-peer network that enables anyone to make payments, conduct transactions, and transfer money using Bitcoin as a medium of exchange. Paxful was founded in 2015 by Ray Youssef and Artur Schaback with the purpose of ensuring that everyone has equitable access to banking regardless of their identity or location. Paxful is a platform used by over seven million individuals to purchase and sell Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) using approximately 400 different payment methods. The center will offer educational training and activities to increase community knowledge of the advantages of purchasing and selling Bitcoin as a medium of exchange.

Paxful’s objective is to ensure that everyone has equitable access to money regardless of their identity or location. The center will help accelerate the next wave of Bitcoin widespread acceptance by providing tools to link expanding sectors like as small merchants and local enterprises to a global network of users. Paxful co-founder and CEO Ray Youssef said, “It’s a well-known fact that Bitcoin is reshaping the financial landscape in El Salvador and beyond. Education has been a critical driver of worldwide Bitcoin growth, and this new center demonstrates its critical role in the development of an equitable financial system. From tiny merchants to Bitcoin enthusiasts, we’re delighted to learn from you and spread the word about the potential of Bitcoin for financial independence and equality.”

Will Hernandez, Paxful’s Director of LATAM Growth, said, “We experienced a more than 300 percent increase in El Salvador users last year. What we are experiencing in El Salvador is a period of transition. Peer-to-peer platforms are accelerating acceptance in developing economies, and as a people-powered platform, we recognize the critical role of education in accelerating the next wave of adoption. The center will bring education, access, and opportunity to a population hitherto disregarded by conventional banking, while also demonstrating the real-world advantages of Bitcoin in developing economies.”

Yusuf Nessary, the Built With Bitcoin Foundation’s Director of Philanthropy, said, “We’re thrilled to extend our influence by establishing a home for the Built With Bitcoin Foundation in El Salvador. The initiatives we are launching illustrate Bitcoin’s potential as a charitable instrument for promoting change and financial independence. We are appreciative for the chance to provide resources and continue to provide equal possibilities for the innumerable individuals and communities that help us carry out our goal.”

The center’s inauguration comes less than five months after El Salvador became the first nation to legalize Bitcoin as a form of payment. Classes and training will begin on February 3, 2022.

Previous Post

MicroStrategy Buys Bitcoins Worth $25mln, Owns 125,051 Bitcoins in Total

Next Post

Mix Safer Unveils Bitcoin Mixer with Distinct Features

Related Posts

kazakhstan-unveils-solana-economic-zone

Kazakhstan Unveils Solana Economic Zone for Web3 Growth

by Kelly Cromley
Jun 23, 2025
0

Kazakhstan has formally introduced the Solana Economic Zone Kazakhstan (SEZ KZ), becoming the first country in Central Asia to establish...

space-id-partners-with-enkrypt-wallet

SPACE ID and Enkrypt Simplify Crypto Transfers via Web3 Domains

by Kelly Cromley
Jun 23, 2025
0

SPACE ID has expanded its service capabilities through a strategic integration with the Enkrypt wallet, aiming to streamline crypto transactions...

iost-signet-ring-biometric-wearable

Biometric wearables, decentralized IDs, and passkey tools reshape digital trust

by Kelly Cromley
Jun 23, 2025
0

The evolving Web3 landscape is witnessing a growing emphasis on digital identity technologies, especially as a response to rising concerns...

arichain-partners-with-hero

Arichain and HERO Partner to Reinvent Web3 User Experience

by Kelly Cromley
Jun 23, 2025
0

Arichain, a decentralized platform recognized for its developer-centric infrastructure and scalability, has embarked on a strategic collaboration with HERO, a...

web3-decision-partners-with-arichain

Web3 Decision and Arichain Unite to Empower Decentralized Future

by Kelly Cromley
Jun 23, 2025
0

Web3 Decision, a recognized provider of AI-driven and quantum-secure technologies for blockchain applications, has launched a strategic partnership with Arichain,...

filecoin-partners-with-avalanche

Filecoin-Avalanche Pact Unlocks Multi-Chain Storage Power

by Kelly Cromley
Jun 23, 2025
0

In a key development for the blockchain ecosystem, Filecoin and Avalanche have unveiled a strategic collaboration aimed at creating a...

Next Post
Mix Safer Unveils Bitcoin Mixer with Distinct Features

Mix Safer Unveils Bitcoin Mixer with Distinct Features

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

kazakhstan-unveils-solana-economic-zone
Market News

Kazakhstan Unveils Solana Economic Zone for Web3 Growth

by Kelly Cromley
Jun 23, 2025
space-id-partners-with-enkrypt-wallet
Market News

SPACE ID and Enkrypt Simplify Crypto Transfers via Web3 Domains

by Kelly Cromley
Jun 23, 2025
iost-signet-ring-biometric-wearable
Market News

Biometric wearables, decentralized IDs, and passkey tools reshape digital trust

by Kelly Cromley
Jun 23, 2025
arichain-partners-with-hero
Market News

Arichain and HERO Partner to Reinvent Web3 User Experience

by Kelly Cromley
Jun 23, 2025
web3-decision-partners-with-arichain
Market News

Web3 Decision and Arichain Unite to Empower Decentralized Future

by Kelly Cromley
Jun 23, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree