Huobi plans to launch a cryptocurrency market for Argentina

The company will have a local team and an operations center to activate the exchange process between digital assets and pesos

This week the Huobi Group company announced the official launch of a cryptocurrency market in Argentina.

The company will have a local team and an operations center to activate the cryptocurrency operations, as well as converting pesos to digital assets.

Initially, users should have to do this through Huobi offices, although it is planned to incorporate a domestic platformf or mid-October.

With the system of operations with Argentine pesos, users can easily buy cryptocurrencies with credit cards, electronic transfers and through the best known digital payment providers in the region, such as Mercadopago.

Currently, emerging economies are going through a difficult time in Argentina, so an increasing number is offering bet towards bitcoin, and the countless digital assets that exist in the world.

“Argentina is the most promising market in South America for the development of the blockchain”, said Carlos Banfi, chief executive of Huobi Argentina, in a statement.

K. Tovar

Source: El Economista

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