The new exchange tool will work in partnership with BitcoinTrade, a cryptographic currency exchange house with significant and considerable trade in Brazil. The partnership with the crypto exchange will allow customers to benefit from the technology and security of IG TradeCoin.
The project aims to promote greater adoption of cryptocurrencies in the country of Rio de Janeiro. Daniel Coquieri, co-founder of the exchange platform, said: “Our goal is to expose more people to cryptocurrencies and the IG has 43 million unique visitors per month. The possibilities are huge.”
The representative of the firm explains that the IG TradeCoin application offers BitcoinTrade services under the white label modality. It represents a marketing strategy that allows a company to offer products or services developed by another, under its own brand. That is, IG will be based on the BitcoinTrade technology platform and the user support will be in charge of the crypto exchange.
It is worth mentioning that customers can market digital currencies using Brazilian reals, the local currency. They can acquire the cryptocurrencies available at the exchange office: bitcoin, litecoin, ether, bitcoin cash and ripple.
At present, Brazil is among the Latin American countries with a significant volume of cryptocurrency trade. The bitcoin trade went from 3 million reais to 3.6 million in the last weeks of April.
L.Sáenz
Source: Altcoinss
