CEX.io Partners with AstroPay, Enters Latin America
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....
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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....
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....
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....
Is Latin America in the eye of the storm that’ll reshape the world? The region certainly benefits from the existence of Bitcoin and other cryptocurrencies. Latin America needs hedges against inflation and a quick and easy way to send remittances. The cheaper the fees, the better. And when you truly need something, you’re bound to […]
Do Latin America ‘s unique characteristics put the continent in position to adopt cryptocurrencies before the rest of the world? Or is El Salvador an isolated case? In Latin America, Tipping Point we’ll select the area’s most important headlines and summarize them in a few sentences and quotes. This is the jam-packed news compilation you […]