Venezuela's Sunacrip Launches Petro-Based Gift Card Market and Exchange – Emerging Markets Bitcoin News

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Sunacrip, the cryptocurrency regulation institution in Venezuela, has announced a series of changes to its petro (PTR) wallet app called Petroapp, which are directed to improve its usability.

Having achieved the recovery of the market and the balance of the PTR conversion rates, we have updated the PetroApp where you have new services that strengthen the usability of our sovereign crypto asset.Ramirez highlighted that the redesign of the Petroapp will allow users to pay for their phone plans with all of the national carriers. Also, the three leading cable operators in the country will be available in the app to accept payments in petros.

At the same time, these assets can be used in the app to be exchanged for other supported cryptocurrencies including bitcoin, litecoin, and dash, with the possibility of withdrawing them from the platform, too.Ramirez explained that Petroapp is also including a payments gateway, allowing users to create payment invoices within the app.

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