Colombian residents can already trade cryptocurrencies through CryptoMarket with your local currency.
- CryptoMarket opens its doors in Colombia
- Residents can now buy about 50 cryptocurrencies with Colombian pesos
- According to the CEO of CryptoMarket, the goal is to reach 10,000 users in Colombia by the end of the year.
The exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. of Chilean origin founded in 2016 and offers its services in several Latin American countries, CryptoMarket, reported this week the start of operations in Colombian territory.
CryptoMarket starts operations in Colombia
According to information published by the CryptoMarket in its official channels, the idea behind the arrival in Colombia is to be able to offer interested parties secure and easy to use mechanisms to trade cryptocurrencies.
Did you know that we already landed in #Colombia ?
— CryptoMarket (@CryptoMKT) August 30, 2022
In an interview with by the portal ColombiaFintech , the CEO of CryptoMarket, Francisco Sáez, indicated that Colombia is a strategic country within its growth and expansion plan in Latin America, precisely because it is the tenth nation with more crypto operations worldwide, occupying the second place in the region after Venezuela.
In this regard, Sáez commented:
“We are taking a big step for Colombia’s financial industry by creating state-of-the-art financial technology infrastructure, which will make it easier for thousands of people and businesses in this country to access the new world of decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. finance, allowing them to buy and settle cryptocurrencies directly with Colombian pesos instantly, with liquidity how easily a cryptocurrency can be bought and sold without impacting the overall market price. that ensures competitive prices, even in the face of large transactions.”
In addition to Colombia, CryptoMarket offers its services in Chile, Peru, Brazil, Argentina and other countries. The platform currently has some 615,000 users, and during the first quarter of this year it processed more than US$400 million in commercial transactions.
The offer of CryptoMarket en Colombian territory
When visiting the official platform of CryptoMarket , it can be seen that this already has values and prices priced in Colombian pesos, so that residents of the country can quote in local currency currency is a medium of exchange that defines value. any of the 50 cryptocurrencies available on the exchange. Among these are very popular exponents such as Bitcoin, Ethereum, Cardano, Solana, Polkadot, BNB, Tether, USD Coin a coin can refer to a cryptocurrency that can operate independently or to a single unit of such cryptocurrency. and many others.
Those interested in trading cryptocurrencies through CryptoMarket They simply need to open an account an account is essentially a whose purpose is to track the financial activities of a specific asset/ on the exchange and go through the respective validation process. Once inside, the platform supports the traditional payment options, even incorporating transactions via PSE.
According to the country manager of CryptoMarket for Colombia, Andres Gomez, the idea is to make the experience as simple and intuitive as possible for users, demystifying that this is only for high-level investors, so you can start operations with very small values:
“ Most people think that to enter the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market an area or arena, online or offline, in which commercial dealings are conducted. you have to have specific knowledge of trading, that is, to know how to manage within the financial markets to make profits and spend time every day to it, but that is not the only way. From now on, all Colombians will be able to buy and sell cryptocurrencies instantly, use them as a hedge against inflation, or to send and receive international payments, even with small values. In our platform a place to buy, sell and store cryptocurrency it is possible to do it from $5.000 COP, and not with fortunes as many think. “.
According to Sáez, the goal is to reach 10,000 active users in Colombia by the end of 2022.
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Article by Angel Di Matteo / DiarioBitcoin
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