Latin American Bitcoin Exchange Bitex.la Launches with $2 Million Investment
Buenos Aires-based real-time bitcoin and litecoin exchange Bitex.la has officially launched with the goal of providing what its founders call the Latin American market's "first regional exchange". The news follows the company's soft launch this March, with the formal unveiling representing the company's introduction to the wider Latin American ecosystem it aims to target. To date, Bitex.la says it has enlisted users in Colombia, Mexico, Spain and the US, though it aims to soon expand to more countries. Perhaps most importantly, however, the exchange will also service its home market of....
Related News
The Chinese crypto exchange Huobi announced that it had purchased a Latin American cryptocurrency exchange, Bitex. The exchange did this to reach out to Latin American countries like Chile, Argentina, Uruguay, and Paraguay. Huobi explains that the firm is expanding its influence in Latin America as it sees the region as one of the most […]
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most active crypto adoption areas worldwide.
Huobi Aims to Step Up Its Presence in Latin America, Acquires Local Bitex Exchange
On Thursday, the leading crypto asset exchange Huobi Global announced the company has acquired the Latin American cryptocurrency exchange Bitex. According to the....
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....
Argentina-based exchange Bitex.la is acquiring and relaunching a bitcoin-buying service aimed at novice bitcoin users in Latin America. The move sees the firm closing its offshoot company, bitcoin marketplace Conectabitcoin.com, as a separate entity and spinning that product into its real-time bitcoin exchange. Bitex.la was launched in May as the first regional bitcoin exchange connecting all Latin American countries. Its initial product was directed at seasoned traders; providing the ability to place orders where trading had previously not been easily accessible. Conectabitcoin's chief....
A bitcoin exchange and a remittance company have partnered to offer customers fiat-to-bitcoin deposit services across Latin America. Bitex.la has joined with More Money Transfers (MMT), a Latin American remittances company in what they claim is the first alliance of its kind. However, the partnership, said Bitex chief marketing officer Manu Beaudroit, isn't meant to provide remittance services in bitcoin, but instead, enable more people into contact and activity with the digital currency. Speaking to CoinDesk, Beaudroit voiced his belief that bitcoin holds some of the greatest promise for....