For Immediate Release - Gauteng, South Africa - Africa's First Bitcoin One-Stop Shop
BitBuyBit is happy to announce that they are now offering Bitcoin buying and selling and training services in South Africa. This is the first company to offer this service in Africa and it allows people from different countries to exchange their local currency to bitcoins.
For starters bitcoin is the currency of the internet: decentralized, worldwide, distributed money that is issued and managed without the involvement of any central authority like a bank, company or government. It is, therefore, more resistant to corrupt banks and wild inflation. Bitcoin is a new and interesting form of currency and it is worth something because people are willing to trade it for goods and services.
Bitcoin is like electronic cash that can be used to pay merchants or friends. It is a distributed P2P digital currency that can be transferred securely and instantly between any two people in the world for payment for goods and services. Put simply, you can use your bitcoins the same way you use your ordinary money but it allows exciting uses that cannot be covered by any previous payment systems. Its design is public because nobody controls or owns Bitcoin and everyone can take part.
BitBuyBit (www.bitbuybit.co.za) is offering training on bitcoins in South Africa. Their focus is on the community, particularly those who are interested in using bitcoins. They are ever expanding and want to bring the bitcoin economy and exchange to as many people as possible. They believe bitcoin to be a wave, something that's going to fundamentally change how the financial world works. They believe that bitcoin will bring more wealth, especially in developing countries.
BitBuyBit has conducted numerous lecturers from all walks of life, finance, banking, taxation, fitness and more. They have helped quite a number of South Africans improve their lifestyle and are now running the Bitcoin Family with members speaking on Whatsapp groups every day.
Their main focus for training during the week is to teach young and old how to trade with Bitcoin and other cryptocurrencies. They offer a one-day course with a free follow-up session and attendees get placed on a Whatsapp group thereafter for updates, education and signals. Members can come spend the day in the office and trade or simply ask questions and sit quietly trading.
BitBuyBit is the first company to open a shop where people can attend a course of their choice six days a week, buy Bitcoins and have them in a wallet of their choice. BitBuyBit also has a Wellness Centre offering glycerine soap, health products, encaustic wax art, team building workshops, personality analysis, hypnotherapy, couples counselling and a whole lot more.
BitBuyBit was established as a Pty Ltd on 17 November 2015 by Reuel and Nelda Leach, a husband and wife team. A year earlier bitcoin had become a sensation in South Africa, but there was no one who really knew how it worked, and being a new technology, there were hardly any books available on the subject. Reuel and Nelda Leach decided to start hosting workshops on the subject and educating the people on the possibilities of Bitcoin. They had no offices at that stage but hosted Workshops in Pretoria at a Lodge. They later moved to Burgers Park Hotel because the facilities at the lodge were too small. Their Workshops hosted up to 200 people at once and they gave all attendees training manuals, pens, water, and certificates for attending, trying to make it affordable as possible. BitBuyBit opened its first office officially at the end of March 2016 in Boschkop next to the Kitty Hawk Airpor outside Pretoria.