Mt. Gox and AstroPay Team Up for Faster Latin American Transfers
Mt. Gox customers in Latin America will be able to deposit money from local bank accounts much faster, after the exchange announced a partnership deal with popular payment processor AstroPay. The partnership enables users in Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Uruguay to arrange deposits in US dollars to their Mt. Gox accounts. In turn, users can trade their funds for bitcoins within one (Japanese) business day. Mt. Gox announced the deal at the Latin American Bitcoin Conference, held in Buenos Aires last week. Customers in these countries can now select AstroPay as a....
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Latin American customers of CEX.io, can now transact using local currency to trade bitcoin on the platform. The London based bitcoin exchange and mining services has recently partnered with AstroPay to facilitate these transactions in the South American continent. Earlier, Latin American users from Brazil, Chile, Argentina, Columbia, Peru, Mexica and Uruguay were forced to use wire transfer or card payments to deposit and withdraw funds. The currency support was limited to euro and US dollar. This was resulting in huge losses to customers in terms of foreign exchange and transaction fees....
Thanks to a partnership with financial services company AstroPay, users in Latin American can now purchase bitcoin on the once-largest bitcoin exchange, Mt. Gox. The company made the announcement on Thursday, specifying that the coverage would be available for Argentina, Brasil, Chile, Colombia, Mexico, Peru, and Uruguay. The way it works, according to Mt. Gox, is rather simple. From the funding options tab, users can click on 'AstroPay', choose their country of residence, their bank, and the amount to deposit to Mt. Gox. As one would expect, they will then be re-directed to an AstroPay....
Bitcoin exchange CEX.io has partnered with payment solution provider AstroPay to launch local currency account deposits and withdrawals in Latin America. Prior to the partnership, CEX.io users in Latin America were only able to deposit and withdraw funds via bank transfers or cards. "Such operations were only possible in USD or EUR, which was very expensive for them," said Helga Danova, communications officer. The new integration, she added, will enable customers in Argentina, Brasil, Chile, Colombia, Peru, Mexico and Uruguay to purchase bitcoin with local currency. Consumers in China and....
Through a partnership with Uruguay-based remittance company, More Money Transfers (MMT), Latin American Bitcoin exchange Bitex.la has 19 agents in Argentina and one in Chile who will now sell bitcoin. Providing services for the non- or underbanked in emerging markets has been regarded as a powerful use case for bitcoin, especially in Argentina. The country's high inflation and strict economic controls have led many to believe bitcoin as currency and a payment network could succeed there. According to a company spokesman, Bitex.la had that in mind when they were planning the branches. The....
A lineup of 40 expert speakers will highlight the third annual Latin American Bitcoin Conference (LaBitCOnf2015) Dec. 4 and 5 at EBC Campus Dinamarca in Mexico City. The conference is expected to host 250 attendees from 15 countries. The conference goal is to jumpstart bitcoin innovation in Latin America and encourage entrepreneurs to create applications for bitcoin and block chain technology, according to Rodolfo Andragnes, conference organizer. He said the agenda will include topics for entrepreneurs developing applications and for finance sector professionals. Mexico is easily....