{"id":8764,"date":"2021-06-25T13:54:04","date_gmt":"2021-06-25T13:54:04","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/free-bitcoin-el-salvador-giving-away-30-in-btc-to-everyone-using-government-wallet\/"},"modified":"2021-06-25T13:54:04","modified_gmt":"2021-06-25T13:54:04","slug":"free-bitcoin-el-salvador-giving-away-30-in-btc-to-everyone-using-government-wallet","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/free-bitcoin-el-salvador-giving-away-30-in-btc-to-everyone-using-government-wallet\/","title":{"rendered":"Free Bitcoin: El Salvador Giving Away $30 in BTC to Everyone Using Government Wallet"},"content":{"rendered":"

El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency\u2019s use as legal tender in the economy and to give people an incentive to use the government\u2019s official wallet application.<\/strong><\/p>\n

$30 in Free Bitcoin<\/h2>\n

The president of El Salvador, Nayib Bukele, addressed many topics regarding his country\u2019s new bitcoin law Thursday night. During his speech, he unveiled the Salvadoran government\u2019s wallet app and a signup bonus of $30 in bitcoin.<\/p>\n

\u201cThe wallet of the government of El Salvador is called Chivo,\u201d Bukele explained, adding that users must register with their phone number and national ID known as the DUI.<\/p>\n

Accounts are then verified by either facial recognition or through the call center. \u201cFacial recognition or verification by call center will only be done when creating the account. We do it this way to give security to the population,\u201d the president explained.<\/p>\n

Bukele further revealed:<\/p>\n

It will be within the Chivo app where we will deposit the equivalent $30 in bitcoin to promote its use in the economy and to give people an incentive to use the application.<\/p>\n

With the $30 incentive in bitcoin, he said, \u201cWe want the population to make use of this system and bitcoin as legal tender\u201d to boost the economy and \u201chelp the economic growth of the country.\u201d<\/p>\n

To obtain a DUI (Documento \u00danico de Identidad), which is needed for account verification, one must be at least 18 years old. This means out of El Salvador\u2019s total population of 6.5 million based on Woldometer\u2019s data, only adults ages 18 and older qualify to receive the $30 BTC<\/a> freebie.<\/p>\n

<\/p>\n

The Salvadoran president further detailed that the Chivo app will allow users to convert funds between dollars to bitcoin, make payments, and send money using a QR code. In addition, he said app users can buy BTC<\/a> \u201csecurely, instantly and without charging fees.\u201d<\/p>\n

He emphasized that using, receiving, and investing in bitcoin in El Salvador is optional, noting that the $30 BTC<\/a> bonus will be the only time recipients must accept the cryptocurrency. For spending, users can choose to use either bitcoin or dollars if they have both currencies in their wallets.<\/p>\n

El Salvador\u2019s bitcoin law will enter into force on Sept. 7, Bukele noted. \u201cWe will guarantee that all cash transactions will remain in dollars,\u201d he clarified.<\/p>\n

What do you think about El Salvador giving away $30 in bitcoin to all users of the government crypto wallet? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Bitcoin News
\nRegulation, airdrop bitcoin, airdrop btc, Bitcoin Airdrop, Bitcoin Law, bitcoin legal tender, btc airdrop, el salvador bitcoin wallet, Free Bitcoin, free btc, government wallet app, wallet app<\/p>\n","protected":false},"excerpt":{"rendered":"

El Salvador President Nayib Bukele has announced a bitcoin giveaway to promote the cryptocurrency\u2019s use as legal tender in the economy and to give people an incentive to use the government\u2019s official wallet application. $30 in Free Bitcoin The president of El Salvador, Nayib Bukele, addressed many topics regarding his country\u2019s new bitcoin law Thursday…<\/p>\n","protected":false},"author":0,"featured_media":8765,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-8764","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8764"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=8764"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/8765"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=8764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=8764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=8764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}