The new platform a place to buy, sell and store cryptocurrency of XP is called XTAGE, and from now on it allows users residing in Brazil to commercialize BTC y ETH through its interface.
- XP launches its cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. trading platform in Brazil
- This one is called XTAGE and allows operations with BTC y ETH
- It is expected that XTAGE reach around 200,000 users by the end of 2022
The broker with the largest market an area or arena, online or offline, in which commercial dealings are conducted. capitalization in Brazil, XP, announced the launch of its own platform for trading cryptocurrencies locally, thus making official the plans revealed at the end of last July .
XP lanza XTAGE en Brazil
According to information published by the mediaInfomoney, the new platform of XP is called XTAGE and is based on the trading technology used by the stock exchange. NASDAQ. Se espera que la misma ofrezca sus servicios a unos 200.000 usuarios, los cuales podrán comercializar activamente Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. yEther the form of payment used in the operation of the distribution application platform, Ethereum. through its interface, which incorporates the system MetaTrade 5.
Among the details revealed by XP, the custody custody is a financial institution's legal capacity to keep and preserve financial assets for its clients to avoid asset theft or loss. of the cryptocurrencies will be in charge of the service BitGo, which will store the funds in cold purses BTC y ETH arranged by users in XTAGE. And about the catalog of cryptocurrencies, the director of financial products, Lucas Rabechini, assured that the goal is to bring this number to 10 digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currencies by the end of 2022.
Traditional services offer cryptocurrencies in Brazil
The announcement by XP makes it the most recent big name local company to offer its clients exposure to cryptocurrencies. Let’s keep in mind that in recent months there have been exponents such as Nubank, MercadoLibre and PicPay which also took the step and enabled the trade of digital currencies within the Latin American country.
In fact, the measure of XP is precisely given by the progress that other platforms have already had in terms of cryptocurrency trading, as Rabechini at the time commented:
“ There are competitors who are doing their homework, some of them quite competent, but so are we. “.
Además de las empresas antes mencionadas, a este grupo pronto se sumará el grupo bancario Santander, el cual se está preparando para comenzar a ofrecer a sus clientes servicios comerciales de criptomonedas, posiblemente este mismo año, según adelantó el CEO de Santander Brazil , Mario Leo.
- Santander prepares to offer cryptocurrency trading in Brazil
- XP, Brazil’s largest broker, to launch Bitcoin trading platform in August
- Bitcoin Market, Brazilian crypto exchange, will land this year in Mexico
Article by Angel Di Matteo / DiarioBitcoin
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