Crypto exchange BigPoint will start operations in Argentina

The new platform is already installed in the South American country with intentions to position itself as a benchmark in the Latin American market. It is also available in Peru, Panama and Ecuador

In the face of Argentina’s complex economy, the Bitpoint based in Japan is considered a viable option to float the cracks left by the financial system of this nation.

It is expected that this new Exchange will not have greater complexity because in Argentina it finds one of the most active markets related to the adoption, use and exchange of cryptocurrencies.

Genki Oda, president of the BITPoint Japan group, highlighted the valuation that cryptocurrencies have in the global market and the positive balance that it throws into the economy of the countries that have put this financial tool into operation, said Argentina is considered a nation with good references and experiences in the growth of new industries.

Regarding the complexity and variability that the relationship between the Argentine peso and the US dollar may generate, Stefan Krautwald, a member of the Bitpoint board of directors for Latin America, reported that the platform is designing policies that help users to manage exchange rates to which the Argentine market has been subjected.

Krautwald also informed that users will have the opportunity to access digital currencies such as ethereum, bitcoin cash, ripple and litecoin, allowing daily transactions to make significant investments from a platform designed to offer security and solidity in their operations.

K.Villarroel

Source: Cointelegraph

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