Cryptocurrency exchange Bitfinex launched a peer-to-peer (P2P) trading platform in Colombia, Argentina, and Venezuela.
Crypto exchange Bitfinex announced the launch of the Bitfinex P2P platform, which allows users from three Latin American countries to buy and sell Bitcoin (BTC), Ethereum (ETH), as well as Tether (USDT), Tether EURt (EURT), and Tether Gold (XAUT) stablecoins.
According to Paolo Ardoino, Bitfinex CTO, the launch of the P2P platform in Venezuela, Argentina, and Colombia is part of the crypto exchange’s global strategy to expand access to digital financial services in Latin America. According to him, the Bitfinex P2P platform offers a simple and convenient way to trade digital assets. The app’s functionality allows you to view publicly available profiles of sellers and buyers to get more information about the counterparty before making a transaction. Within a year, Bitfinex P2P developers will also introduce a mobile version of the app.
As a reminder, Bitfinex is actively involved in the development of the digital asset market in the region. The crypto exchange acted as the main technical partner of the El Salvador government’s Bitcoin bond project and also entered into a partnership agreement with a crypto platform from Chile to support local education and financial literacy programs.
Overall, Latin American countries have made great strides in digital asset adoption, allowing major cryptocurrency companies to continue expanding their presence in the region. Read more about the Latin American cryptocurrency market in a special CP Media article.
