HOW TO USE THE NEW GTCOINS

The new GTCoins created by the Guaranty Trust Bank (Gtbank) is a virtual currency like bitcoins and the first of its kind being the first virtual currency introduced by an official bank in Nigeria. 

Unlike other virtual currencies that is usuallyearned through value exchange of fiat currency or legal tender (paper money) the new Gtcoins is rather given as a reward to customers who use the 737 mobile transfer service which is the pioneer mobile transfer service in the country.

The GTBank which is one of the most innovative banks may be taking the most lucrative leap into the future as dabbling into the virtual currency market may mean an all time fortune of the institution. So far, so many currencies have been launched after the success of the Bitcoins which rose from few cents to thousands of dollars under a decade.

 

Currently, our sources have gathered that the new coins will be used for purchase of airtime to spur the already growing user base of the 737 mobile transfer service. The 737 service which has been accorded with its own mobile app to inculcate non GTBank users is set to take over the mobile transfer service with the introduction of the new virtual coins.