Venezuelan crypto exchange Criptolago launches offline text payment service

The Venezuelan cryptocurrency exchange Criptolago will launch a text message-based payment system that can process transactions between the Petroleum Coin (PTR) issued by the Venezuelan government and other cryptocurrencies offline, which means that Venezuelan residents can access the Internet In this case, use the system to trade all Cryptolago-supported cryptocurrencies, including Bitcoin, Litecoin, Dash, Venezuelan Bolivar, and Glufco (Venezuelan crypto investment bank token). About 30% of Venezuelan citizens currently have no access to the Internet. The offline payment system launched by Criptolago is expected to promote more new users to access cryptocurrency.